El-Qish: Journal of Islamic Economics http://jurnal.ut.ac.id/index.php/elqish <div> <p style="text-align: justify;"><strong>Elqish: Journal of Islamic Economics</strong> is an academic journal published by LPPM Universitas Terbuka, twice a year (June and December) with registered number EISSN <strong><a href="https://issn.brin.go.id/terbit/detail/20210823570701551" target="_blank" rel="noopener">2809-3232</a></strong>. Managed by Faculty of Economics Universitas Terbuka. The editors receive articles in the form of research-based manuscripts related to Islamic Economics which cover Islamic economics, Economics development, Macroeconomics, Monetery, Microeconomics, Islamic finance, Islamic Business, Islamic Human Resource Management, Islamic Marketing Management, Halal industries, Zakat and Wakaf, and Islamic Entrepreneurship.</p> </div> LPPM Universitas Terbuka en-US El-Qish: Journal of Islamic Economics 2809-3232 Analysis of Saving and Loan Cooperative Business Development Strategy and Sharia Financing on Interest in Becoming a Member http://jurnal.ut.ac.id/index.php/elqish/article/view/3545 <p>The development of organizations in Indonesia is increasing rapidly in competition. One of the organizations that is growing rapidly in Indonesia is cooperatives. A competitive strategy is a formulation to increase the competitiveness of the company to create an attraction for members or consumers to buy products or services in the company to create a business development strategy. This type of research is descriptive Qualitative. Data collection techniques are carried out by means of observation, interviews, documentation, and questionnaires. data processing methods using descriptive analysis,<em> porter's five forc</em><em>e</em> analysis, SWOT/SWOT Matrix analysis, Internal Factor Evaluation, and External Factor Evaluation. An alternative strategy for the company (KSPPS) BMT SM MWC NU Warureja Tegal to provide progress and business development, namely according to the explanation of the results of the SWOT diagram through point x, (KSPPS) BMT SM MWC NU Warureja Tegal is in quadrant I, That to carry out business development using an aggressive strategy, meaning a strategy to grow well, because the company has enough strength to be able to take advantage of the available opportunities. Based on the SWOT Matrix in Quadrant I, the steps that must be carried out by the company (KSPPS) BMT SM MWC NU Warureja Tegal using SO (strengths and Opportunities). </p> Selamet Selamet Suhartono Suhartono Copyright (c) 2022 Selamet Selamet, Suhartono Suhartono https://creativecommons.org/licenses/by-sa/4.0 2022-12-16 2022-12-16 2 2 68 84 10.33830/elqish.v2i2.3545.2022 Islamic Wealth Management And Corporate Governance http://jurnal.ut.ac.id/index.php/elqish/article/view/4158 <p>This paper aims to explore Islamic views on wealth (asset) management and look at good corporate governance. The research method used is a descriptive qualitative method with a literature review approach with data collection techniques namely literature study. The results of the study show that basically asset management in an Islamic perspective is wealth management which is seen as a process of ownership, consumption of wealth, and acquisition in accordance with sharia principles. Islam emphasizes the acquisition and utilization of assets in a lawful and best way. Wealth should not be left idle but must be productive, both in terms of obtaining assets and how to spend them, such as zakat, infaq, and alms. Corporate Governance in Islam is a process of managing assets in institutions or companies in accordance with Islamic principles. Where in the process must apply the principles that have been determined by the Shari'a, such as siddiq, amanah, tabligh, fathanah and so forth. So with the application of these principles, it is hoped that transparency, integration and accountability will be achieved in institutions or companies.</p> Akmal Ihsan Abustan Nur Syahruddin Kadir Copyright (c) 2022 Akmal Ihsan, Abustan Nur, Syahruddin Kadir https://creativecommons.org/licenses/by-sa/4.0 2022-12-16 2022-12-16 2 2 85 96 10.33830/elqish.v2i2.4158.2022 Determinants of Bank Mu'amalat Indonesia's Non-Performing Financing: Internal and External Reviews http://jurnal.ut.ac.id/index.php/elqish/article/view/4157 <p>Non-Performing Financing<strong> (NPF)</strong> in the management of Islamic Banks Financing&nbsp; needs to be controlled, although it is difficult to avoid it. This review can be observed from various internal and external variables of Islamic banks. This paper intends to analysis the determinants of Bank Muamalat's <strong>NPF</strong>, in terms of internal variables, namely Capital Adequacy Ratio (CAR), Operational Income<strong> to</strong> Operating Costs (BOPO), and Financing To Deposit Ratio (FDR), while external reviews include inflation and the Rupiah Exchange Rate. Writing method with a quantitative approach, the type of associative research. The population is taken from the financial statements of &nbsp;PT. Bank Muamalat Indonesia for the 2013-2021 period as many as 3<strong>5</strong> data. The sampling technique used is saturated sampling. The analysis uses multiple linear regression through normality test, classic assumption test, t test, F test and coefficient of determination test. Findings showed that CAR had a significant negative effect on NPF, BOPO had a significant positive effect on NPF, FDR had no significant effect on NPF, Inflation had no significant effect on NPF, Rupiah exchange rate had no significant effect on NPF, while CAR, BOPO, FDR, inflation, and The Rupiah exchange rate simultaneously has a significant effect on the NPF of 41%, while the rest is influenced by other indicators. Internally, CAR and BOPO have a significant effect while external reviews have no significant effect. The practical implication of this paper is that Islamic banks need to pay attention to internal conditions so that NPF can be controlled</p> Binti Nur Asiyah Ayuk Septiana Amin Wahyudi Copyright (c) 2022 Binti Nur Asiyah, Ayuk Septiana , Amin Wahyudi https://creativecommons.org/licenses/by-sa/4.0 2022-12-16 2022-12-16 2 2 97 112 10.33830/elqish.v2i2.4157.2022 Sharia Financial Management Alternative Sources In Encouraging Micro, Small And Medium Enterprises Expansion In Indonesia http://jurnal.ut.ac.id/index.php/elqish/article/view/3604 <p>Micro, Small, And Medium Enterprises (MSME) is one of the pillars of the Indonesian economy. Data in 2021 shows that the number of MSME in Indonesia has reached 64.2 million business units. However, it does not mean that MSME in Indonesia is far from all the problems. One of the problems experienced by MSME is that many business entrepreneurs do not understand how to manage the finances and assets they get. Hence, many MSME in Indonesia has gone bankruptcy. This study use qulitative methods. The data are obtained from existing scientific journals and provided by related parties as well as books that discuss financial management and MSME. The results obtained from this study are about how SME practices simple and easy to understand accounting activities and applies Islamic values. On the other hand, this study explains the way SME subjects invest with limited capital and also how to get capital that is far from riba (Interest).</p> Nur Suraiya Copyright (c) 2022 Nur Suraiya https://creativecommons.org/licenses/by-sa/4.0 2022-12-16 2022-12-16 2 2 113 125 10.33830/elqish.v2i2.3604.2022 The Urgency Of Sharia Economic Transformation In Facing The Global Economy http://jurnal.ut.ac.id/index.php/elqish/article/view/3596 <p>This study discusses the urgency of Islamic Economics's transformation in breaking through the global economy. The research method uses qualitative method and descriptive analysis. The research results indicate that to strengthen Islamic Economics, it must have a strategy that goes beyond the global economy and must be based on sharia principles, referring to the Qur'an and Hadith. The transformation that can be felt now with the presence of the Islamic Economy is the establishment of Islamic Financial Institutions and Islamic Banking which supports the development of the real sector. Islamic economics builds the integrity of Muslims who run the economic wheel under Islamic teachings by adhering to the privileges of Islamic economics itself, namely by avoiding all forms of activities that contain elements of usury which have an impact on harm to others. The challenge faced by the sharia economy is that people still need clarification in understanding the essential characteristics that underlie the sharia banking operational system, namely the profit-sharing system.</p> Alfian Sani Copyright (c) 2022 Alfian Sani https://creativecommons.org/licenses/by-sa/4.0 2022-12-16 2022-12-16 2 2 126 138 10.33830/elqish.v2i2.3596.2022 Personal Prophetic Leadership, Sharia Compliance, and Islamic Corporate Governance: Sharia Banking Fraud Prevention Efforts http://jurnal.ut.ac.id/index.php/elqish/article/view/1797 <p>This study aims to discuss the chances of developing the concept of prophetic leadership, sharia compliance, and Islamic corporate governance can be linked as very important elements in preventing fraud in Islamic commercial banks. This type of research conducted in this research is qualitative research. The data collection technique used is literature study by collecting information and data with the help of various materials in the library such as documents, books, journals, notes, or by internet searching. The data analysis method using inductive and deductive thinking frameworks. The result of this study is that personal prophetic leadership (Perpec-L), sharia compliance, and Islamic corporate governance are an effort of Islamic banking to prevent fraud (corruption). This can be done by adopting the values ​​contained in Perpec-L. Then by assessing the indicators contained in sharia compliance. Furthermore, by taking the existing principles of Good Corporate Governance (GCG) that are in accordance with Islamic norms and values.</p> Novendi Arkham Mubtadi Hendri Hermawan Adinugraha Copyright (c) 2022 Novendi Arkham Mubtadi, Hendri Hermawan Adinugraha https://creativecommons.org/licenses/by-sa/4.0 2022-12-16 2022-12-16 2 2 139 147 10.33830/elqish.v2i2.1797.2022