Unleashing open innovation: A decomposition nexus of Sharia-compliant financing and job creation

Yuli, Sri Budi Cantika; Rofik, Mochamad

doi:10.1016/j.joitmc.2023.100162

Cited by 2 publications

(4 citation statements)

References 44 publications

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“…As a consequence, it may be necessary to reevaluate these findings using a clustering approach, as we did in this study, to test the consistency of the results, given that the sample has traditionally been considered homogeneous. Furthermore, the findings in this study also broaden the perspective on the relationship between banking financing, especially Sharia financing, and job creation, which is in line with references [24,[29][30][31][32], who also argue that Sharia financing has a positive impact on reducing unemployment. Consequently, we now have an understanding that Sharia financing not only promotes greater employment opportunities but also reduces the inequality of job creation.…”

Section: Resultssupporting

confidence: 87%

“…The debate regarding the prioritization of specific types of financing, such as working capital, investment, or household, appears unnecessary, as they lack statistically significant impact. In response to the findings of Yuli & Rofik [24] concerning the market share of Sharia financing, our study reveals an inverse correlation between the impact and its magnitude. This phenomenon specifically applies to regions within the Lower cluster, while in the Upper cluster, an increase in the nominal amount of financing and market share is associated with poverty reduction.…”

Section: Resultssupporting

confidence: 56%

“…Regarding control variables, this study incorporates both direct and indirect expenditure variables. These expenditure categories are distinguished due to the routine and planned nature of direct expenditures, as opposed to the more sociallyoriented nature of indirect expenditures, such as grants and disaster relief [19,23,24]. Another control variable used is Gross Regional Domestic Product (GRDP).…”

Section: Variable Measurementmentioning

confidence: 99%

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Revisiting the Role of Islamic Bank on SDGs: Sharia Financing, Inequality, and Poverty

Zuhroh,

Malik

2023

J. Hum. Earth Future

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This study aims to reassess the impact of Sharia financing provided by Islamic banks on the advancement of Sustainable Development Goals (SDGs), with a particular focus on reducing inequality and poverty. Given the uneven distribution of Sharia financing among regions in Indonesia, we adopt a clustering approach using the k-means clustering method. This approach considers two critical criteria: the nominal amount of Islamic financing and the proportion of Islamic financing. The clustering process resulted in the creation of two distinct clusters. The Lower cluster comprises regions characterized by a low market share and nominal Sharia financing, while the Upper cluster encompasses regions with a high market share and nominal Sharia financing. We utilized annual data from 33 provinces for the period spanning 2012 to 2020. Through the application of a fixed-effect panel regression with the Generalized Least Squares (GLS) approach, our analysis reveals that in the Upper cluster, the presence of Sharia financing plays a pivotal role in reducing financing inequality, inequality in job opportunities, and notably lowering the poverty rate. In contrast, only nominal Sharia financing appears to contribute to the reduction of poverty, with no discernible impact observed regarding financing inequality and disparities in employment opportunities. Doi: 10.28991/HEF-2023-04-04-05 Full Text: PDF

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Section: Resultssupporting

confidence: 87%

Section: Resultssupporting

confidence: 56%

Section: Variable Measurementmentioning

confidence: 99%

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Revisiting the Role of Islamic Bank on SDGs: Sharia Financing, Inequality, and Poverty

Zuhroh,

Malik

2023

J. Hum. Earth Future

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“…Usaha Mikro Kecil (UMK) merupakan salah satu pendekatan terhadap permasalahan perekonomian Indonesia yang sedang goyah. UMK menciptakan lapangan kerja sendiri dengan mendirikan perusahaan, sehingga berkontribusi signifikan terhadap penurunan pengangguran di Indonesia (Biancone & Radwan, 2018;Nguyen, 2021;Yuli & Rofik, 2023). Sejalan dengan pendapat Sapitri (2018) menyatakan bahwa masyarakat di Indonesia harus memperkuat jiwa berwirausaha agar bisa memajukan negara dengan memanfaatkan teknologi dengan baik.…”

Section: Pendahuluanunclassified

Meningkatkan Pendapatan Usaha Mikro Kecil (UMK) dari Produk di Pegadaian Syariah Cabang Batang Kaluku Kab. Gowa Berupa Pembiayaan Rahn Fleksi Syariah dan Kredit Usaha Rakyat (KUR)

Suharli,

Rahman

2024

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Penelitian ini bertujuan untuk (1) mengetahui pengaruh pembiayaan rahn fleksi syariah terhadap pendapatan Usaha Mikro Kecil (UMK) di Unit Pegadaian Syariah Batang Kaluku Kab. Gowa, (2) mengetahui pengaruh kredit usah rakyat (KUR) terhadap pendapatan Usaha Mikro Kecil (UMK) di Unit Pegadaian Syariah Batang Kaluku Kab. Gowa. (3) mengetahui pengaruh pembiayaan rahn fleksi syariah dan Kredit Usaha Rakyat (KUR) terhadap pendapatan Usaha Mikro Kecil (UMK) di Unit Pegadaian Syariah Batang Kaluku Kab. Gowa. Waktu penelitian ini dilakukan pada bulan September 2023 sampai dengan bulan Oktober 2023. Jenis penelitian ini adalah kuantitatif. Sampel yang digunakan sebanyak 75 dengan menggunakan purposive sampling. Metode analisis yang digunakan adalah analisis regresi linear berganda menggunakan aplikasi IBM SPSS version 26. Hasil penelitian ini menunjukkan bahwa (1) pembiayaan rahn fleksi syariah berpengaruh positif dan signifikan terhadap pendapatan Usaha Mikro Kecil (UMK) di Unit Pegadaian Syariah Batang Kaluku Kab. Gowa, (2) Kredit Usaha Rakyat (KUR) berpengaruh positif dan signifikan terhadap pendapatan Usaha Mikro Kecil (UMK) di Unit Pegadaian Syariah Batang Kaluku Kab. Gowa, (3) pembiayaan rahn fleksi syariah dan Kredit Usaha Rakyat (KUR) berpengaruh positif dan signifikan terhadap pendapatan Usaha Mikro Kecil (UMK) di Unit Pegadaian Syariah Batang Kaluku Kab. Gowa. Adapun implikasi pada penelitian ini adalah pembiayaan rahn fleksi syariah dan Kredit Usaha Rakyat (KUR) dapat meningkatkan pendapatan UMK dan memberikan dampak yang positif bagi pengguna produk Pegadaian Syariah. This research aims to (1) determine the effect of sharia flexi financing on the income of Micro Small Enterprises (UMK) in the Batang Kaluku Sharia Pawnshop Unit, Gowa Regency, (2) determine the effect of people's business credit (KUR) on the income of Micro Small Enterprises (UMK) in Batang Kaluku Sharia Pawnshop Unit, Gowa Regency. (3) determine the effect of sharia flexi financing and People's Business Credit (KUR) on the income of Micro and Small Enterprises (UMK) in the Batang Kaluku Sharia Pawnshop Unit, Gowa Regency. This research was conducted in September 2023. This type of research is quantitative. The sample used was 75 using purposive sampling. The analytical method used is multiple linear regression analysis using the IBM SPSS version 26 application. The results of this research show that (1) sharia flexi financing has a positive and significant effect on the income of Micro and Small Enterprises (UMK) in the Batang Kaluku Sharia Pawnshop Unit, Gowa Regency, (2) People's Business Credit (KUR) has a positive and significant effect on the income of Micro Enterprises Small Businesses (UMK) in the Batang Kaluku Sharia Pawnshop Unit, Gowa Regency, (3) sharia flexi financing and People's Business Credit (KUR) have a positive and significant effect on the income of Micro Small Enterprises (UMK) in the Batang Kaluku Sharia Pawnshop Unit, Gowa Regency. The implication of this research is that sharia flexi financing and People's Business Credit (KUR) can increase MSEs' income and have a positive impact on users of Sharia Pegadaian products.

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Unleashing open innovation: A decomposition nexus of Sharia-compliant financing and job creation

Cited by 2 publications

References 44 publications

Revisiting the Role of Islamic Bank on SDGs: Sharia Financing, Inequality, and Poverty

Revisiting the Role of Islamic Bank on SDGs: Sharia Financing, Inequality, and Poverty

Meningkatkan Pendapatan Usaha Mikro Kecil (UMK) dari Produk di Pegadaian Syariah Cabang Batang Kaluku Kab. Gowa Berupa Pembiayaan Rahn Fleksi Syariah dan Kredit Usaha Rakyat (KUR)

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