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Universitas Islam Bandug
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Asni Mustika Rani, Atih Rohaeti Dariah, Wesam Al Madhoun, and Popon Srisusilawati
Conscientia Beam
Sustainable finance is one way to realize a new paradigm of sustainable development that incorporates social and environmental issues into economic calculations. However, in its implementation, each country faces different challenges in making and implementing policies to support sustainable finance. This study will analyze the public perception of Muslim-majority and Muslim-minority countries towards the implementation of sustainable finance in their respective countries and then analyze the stages of implementing sustainable finance. To analyze the level of implementation of sustainable finance, this study uses the concept of Attention-Interest-Desire-Action (AIDA). To collect data about the object of research using the methods of content analysis and field studies. Content analysis is all the efforts made by researchers in gathering information relevant to documents that explain the background of the existence of sustainable finance and its implementation in several countries. The field study is used to collect primary data regarding perceptions related to the context of sustainable finance, which can be used to determine the proportion of activities that substantially contribute to environmental objectives (climate change mitigation and adaptation efforts). Research results show that there is no difference in the views of respondents as development stakeholders regarding the implementation of sustainable finance in both Muslim-majority and minority countries. The majority of the two categories of country groups are still at the interest stage, reflected in high scores in normative statements and low scores in positive statements that describe real activities in running a sustainable finance system.
Popon Srisusilawati, Zaini Abdul Malik, Irma Yulita Silviany, and Nanik Eprianti
F1000 Research Ltd
Background: SMEs have made a major contribution to the national economy, but Pandemic covid-19 made the decline of SMEs which directly affected the economy in Indonesia. The purpose of this research focus to explore the innovation of business models the novelty of the research model in the business model of innovation research models is to include the variable self-efficacy. This research emphasizes self-efficacy and Islamic financial literacy as independent variables, business model innovation as an intermediate model and business performance variables as dependent variables, with the focus of research on SMEs. Methods: This quantitative study uses partial least square structural equation modeling (PLS-SEM) and a questionnaire survey to analyze the 40 Street Vendors which is categorized as SMEs around Unisba. In the initial stages, the Questionnaire was tested with the Validity and Reliability test. In the PLS-SEM analysis, the validity of the indicators / items forming latent variables is based on the significance value of t arithmetic obtained from the loading factor value divided by the standard error. After being collected, the data is then processed and analyzed. The analytical method used in this study is the simultaneous equation model, namely Partial Least Square (PLS). The statistical tool used to test the hypothesis is Smart PLS. Results: The results showed that self-efficacy and Islamic financial literacy through business model innovation, had a positive effect on SMEs business performance simultaneously or partially. Conclusion: So that by having good self-efficacy and good Islamic financial literacy plus an appropriate business innovation model, it will improve the business performance of SMEs.
Nisful Laila, Aam S. Rusydiana, Muhamad Iqbal Irfany, Imron HR, Popon Srisusilawati, and Muhamad Taqi
EconJournals