scholarly journals Opportunities and Challenges of Retail Sovereign Sukuk Issuance: Lessons from Twelve Years’ Experience

2021 ◽  
Vol 10 (2) ◽  
pp. 259-274
Author(s):  
Masruri Muchtar
Keyword(s):  
Qualitative Research ◽  
Historical Data ◽  
External Factors ◽  
Research Approach ◽  
Special Purpose Vehicle ◽  
Market Expansion ◽  
Depth Interview ◽  
Swot Matrix ◽  
The Government ◽  
Internal And External Factors

Retail sukuk is a sharia product offered to Indonesian citizens as a safe and profitable investment instrument. This study identified the strengths, weaknesses, opportunities, and threats that the government may face in offering retail sovereign sukuk. It aimed to provide the government the appropriate strategies based on the historical data of listed retail sukuk and its peripherals during 2009-2020. This paper used a qualitative research approach. The data collection techniques used were literature review and in-depth interview. Internal and external factors were identified. SWOT matrix was made prior to analysis. The results show that the coupon rate offered by retail sovereign sukuk is mostly higher than BI rate. Market expansion is needed. The government shall optimize all distribution partners. Newly innovated products should be developed. Certain criteria should be formulated to determine coupon rate. This research suggests that an independent Special Purpose Vehicle should be reconstructed as a separate entity.JEL Classification: E62, G23, G28, H63How to Cite:Muchtar, M. (2021). Opportunities and Challenges of Retail Sovereign Sukuk Issuance: Lessons from Twelve Years’ Experience. Signifikan: Jurnal Ilmu Ekonomi, 10(2), 259-274. https://doi.org/10.15408/sjie.v10i2.20093.

scholarly journals Deterring or Entertaining? Can the Caning Punishment Execution in Aceh Meet its Objective?

MAZAHIB ◽  
2020 ◽  
Vol 19 (1) ◽  
Author(s):  
Faradilla Fadlia ◽  
Novi Susilawati ◽  
Ismar Ramadani ◽  
Novita Sari
Keyword(s):  
Qualitative Research ◽  
Deterrent Effect ◽  
Research Approach ◽  
Street Vendors ◽  
Interview Method ◽  
The People ◽  
Depth Interview ◽  
The Government ◽  
The Guardian ◽  
The Way

This article probes whether the implementation of the caning sentence in Aceh may reach its objective of deterrent effect given the way the execution conducted. From the field observation, the flogging was not much different from entertainment. The mass gathered in one place to watch the execution; they include children, street vendors, researchers, and journalists. There was a stage, VIP seats for guests, loudspeakers, administrative arrangements, and the caning punishment procession. Using a qualitative research approach with an in-depth interview method, it seeks to understand how the community involved in the caning execution was and how the government was designed the sentence as such and why.  It finds that while the government saw the caning law as the implementation of Islamic sharia in Aceh, the people interpreted its execution more as entertainment. The government has used the caning sentence execution as a demonstration of power, often for a political gain, because it emphasizeds its presence not only as of the guardian of shari’a for Acehnese but also as a devout politician who keeps his political promises. Yet, little of this punishment deterrent effect conveyed to the society due to the way it was staged and executed.Keywords: Qanun Jinayat, Aceh, Caning Punishment, Stage, Entertainment, Deterrent EffectAbstrak Artikel ini meneliti tentang tujuan pelaksanaan hukuman cambuk di Aceh sebagai efek jera dengan cara ‘dipanggungkan’. Dari pengamatan lapangan, hukum cambuk yang dilakukan tidak jauh berbeda dengan hiburan. Dimana massa berkumpul di satu tempat untuk menyaksikan eksekusi yang terdiri dari; anak-anak, pedagang kaki lima, peneliti, dan wartawan. Terdapat panggung tempat eksekusi cambuk dilakukan, kursi VIP untuk tamu undangan, pengeras suara, pengaturan administrasi dan prosesi hukuman cambuk. Penelitian ini menggunakan pendekatan kualitatif dengan wawancara mendalam. Penelitian ini berusaha memahami bagaimana pandangan dan keterlibatan masyarakat dalam pelaksanaan hukuman tersebut serta bagaimana pemerintah merancang hukuman cambuk dan alasan di balik hukuman ini. Hasil penelitian memperlihatkan bahwa Pemerintah melihat hukum cambuk sebagai bukti komitmen pemerintah terhadap penerapan syariah Islam di Aceh, sedangkan masyarakat melihat hukum cambuk sebagai hiburan. Dalam hal ini Pemerintah menggunakan eksekusi hukum cambuk sebagai demonstrasi kekuasaan, bagian dari agenda politik, karena menekankan kehadirannya tidak hanya sebagai wali syariah bagi rakyat Aceh tetapi juga sebagai politisi yang menepati janji politiknya. Namun, eksekusi hukum cambuk dengan cara dipentaskan ini hanya memberi sedikit efek jera kepada masyarakat. Kata kunci: Qanun Jinayat, Aceh, Hukuman cambuk, Panggung, Hiburan, Efek Pencegah

scholarly journals Strategi Pengembangan Taman Kuliner Condongcatur Depok Sleman dalam Meningkatkan Jumlah Kunjungan

Media Wisata ◽  
2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Arif Dwi Saputra
Keyword(s):  
Qualitative Research ◽  
Swot Analysis ◽  
Field Survey ◽  
External Factors ◽  
Literature Study ◽  
Depth Interview ◽  
Internal And External Factors

This research aims to find out the managing, developing and promoting strategies that the management of Condongcatur Culinary Park has implemented to increase the number of visitors. The research was done using a method of qualitative research. To collect data, the researcher made use of methods of literature study, field survey and in-depth interview with related stakeholders. The data were analyzed in a descriptive way based on SWOT analysis to evaluate the strengths and weaknesses of this culinary park from both internal and external factors so that it was easy to formulate the appropriate strategies in managing, developing and promoting it. Based on the analysis, it is found out that all this time it has not been able to increase the number of its visitors. In fact, the analysis shows that the number has declined even more. In addition, it does not have any magnetism in terms of both culinary and non-culinary aspects, which can serve as an icon to attract visitors.

Management of Records in Adapted Buildings as Records Centres in Zimbabwe

Mousaion ◽  
2018 ◽  
Vol 35 (3) ◽  
Author(s):  
Samson Mutsagondo ◽  
Getrude Maduyu ◽  
Godfrey Tsvuura
Keyword(s):  
Qualitative Research ◽  
Case Study Research ◽  
Research Approach ◽  
Records Management ◽  
Personal Observation ◽  
Structured Interviews ◽  
Design Data ◽  
Professional Management ◽  
The Government

This paper discusses the challenges of records management that arise from the use of adapted buildings as records centres in Zimbabwe, despite the advantages of using such buildings. A qualitative research approach was used as well as a case study research design. Data were collected from seven officers of the Gweru Records Centre through semi-structured interviews. Personal observation was used to triangulate findings from interviews. It was found that the use of adapted buildings as records centres was a cheaper and quicker way of establishing records centres throughout the country. However, a number of preservation, security and management challenges cropped up as the conditions of the buildings and the environment of the adapted buildings were not conducive to the proper and professional management of records. This study is important in that it explores the prospects and challenges of using adapted buildings as records centres in Zimbabwe, an area that has not been researched by many authors. This provokes archival authorities and the government to seriously consider establishing purpose-built records and archival centres.

scholarly journals The Process of Establishing Family Support for Rehabilitated Adolescent Drug Abusers at Bangli Mental Hospital

2020 ◽  
Vol 4 (1) ◽  
pp. 14
Author(s):  
Made Dewi Sariyani ◽  
Kadek Sri Ariyanti ◽  
Dyah Pradnyaparamita ◽  
Ni Komang Ekawati
Keyword(s):  
Family Support ◽  
Mental Hospital ◽  
Drug Users ◽  
External Factors ◽  
Drug Abusers ◽  
Inhibiting Factors ◽  
Depth Interview ◽  
The Family ◽  
Drugs And Crime ◽  
Internal And External Factors

According to UNODC (The United Nations Office on Drugs and Crime) in the World Drug Report in 2015, the estimated drug users in 2013 were 246 million people, where the highest number of drug cases occurred in the population of 15-64 years of age. The biggest factor that can influence the success of drug users to leave drugs forever is the strong intentions from within and positive family support. This study aimed to find out in depth regarding the process of establishing family support for rehabilitated adolescent drug abusers at Bangli Mental Hospital. This study employed a qualitative design. The qualitative data were gathered through in-depth interview to 12 informants, where 6 informants were the parents of the drug abusers, 3 nurses in the rehabilitation room, and 3 adolescents who were being rehabilitated in Bangli mental hospital. This study revealed that the family had internal and external factors as well as inhibiting factors in forming and providing support to residents. In forming support, the residents’ family had internal and external factors that influenced it, moreover they also had inhibiting factors such as feeling of weary and distance from home. Index Terms— support, family, adolescents, rehabilitation

scholarly journals REJUVENATING THE GROUNDWATER TAX STRATEGY IN GARUT REGENCY

2021 ◽  
Vol 5 (1) ◽  
pp. 31
Author(s):  
Muslim Al Kautsar ◽  
Acep Abdul Basit ◽  
Abdullah Ramdhani ◽  
Hanifah Fauiziah
Keyword(s):  
Ground Water ◽  
Swot Analysis ◽  
Secondary Data ◽  
Organizational Goals ◽  
Growth Measurement ◽  
Interview Technique ◽  
Depth Interview ◽  
The Government ◽  
Internal And External Factors ◽  
Descriptive Method

This research purpose to analyze the strategic and technical to encourage the potential of Regional Original Revenue (PAD) from the Groundwater Tax sector owned by Garut Regency. In this research used the descriptive method of research and qualitative approach to obtain the illustration of groundwater tax potential in Garut Regency. The primary and secondary data obtained by depth-interview technique to The Regional Revenue Office of Garut Regency. The data analysis using the formula on the growth, contribution and potential. Besides that, in this research use SWOT analysis to identify internal and external factors that influence the achievement of organizational goals based on strengths, weakness, opportunity, and threatness. The result of this research based on the growth measurement obtained the average of the ground water tax reached -13.65% while the contribution of ground water tax to the regional tax was 0.83%. Thus, to repair this condition based on the SWOT analysis the government of Garut Regency needs to conduct the intensification and extensification to increase groundwater tax revenues in Garut Regency as rejuvenating the policy of groundwater tax strategy in Garut Regency.

scholarly journals Remuneration and Performance

2020 ◽  
Vol 86 ◽  
pp. 01034
Author(s):  
Iriani Ismail
Keyword(s):  
High Performance ◽  
Qualitative Method ◽  
Optimal Performance ◽  
External Factors ◽  
Interactive Analysis ◽  
Analysis Methods ◽  
Depth Interview ◽  
And Performance ◽  
Internal And External Factors

The aim of this study is to explain the role of remuneration in improving the performance of library employees. This study uses the qualitative method which the population is all employees numbering 17 people. Based on interactive analysis methods and ethnographic techniques, its took In-depth interview and observations. Using this analysis, the result showed that the remuneration has an important role in improving employees performance. Some internal and external factors influence it so that optimal performance is obtained. Generally, employees expect that the remuneration has been high to be accepted like as expected. Most employees demands such remuneration to meet their daily needs. External factors also has a strong role so the employees demand high, but not balanced with high performance.

scholarly journals ANALISIS KRIMINOLOGI KEJAHATAN PEMBUNUHAN BERENCANA OKNUM POLISI DI JAYAPURA

2021 ◽  
Vol 5 (2) ◽  
pp. 47
Author(s):  
Sujud Sujud
Keyword(s):  
Research Method ◽  
Criminal Code ◽  
Research Data ◽  
External Factors ◽  
Family Factors ◽  
Military Officers ◽  
Literature Study ◽  
Internal Factors ◽  
The Government ◽  
Internal And External Factors

Murder is an inhuman crime, where the perpetrator of the crime kills with the intention of being planned in advance because it will kill other people's lives for a specific purpose, this crime is a crime of enmity between individuals and groups so that the victim is helpless, so the police investigator reveals his identity. Carefulness is needed. The problems discussed are what are the factors causing the crime of murder and how are the efforts to overcome the crime of murder. The research method used is normative juridical research. Data collection is based on literature study, based on the results of the research that the author has done, the factors that cause murder are internal and external factors. Internal factors, namely internal factors, and external factors, namely economic, environmental, and family factors. Efforts to tackle the crime of murder, namely penal and non-penal measures, are efforts to reduce the space for movement and opportunities for the committing of crimes. The suggestion in this research is that there is a need for cooperation between legal institutions and the government through police and military officers to prevent and cope with future premeditated murder, prosecutors and judges are requested to be able to prosecute and impose the maximum possible punishment on the perpetrators of the murder guided by the Criminal Code.

scholarly journals REAKTUALISASI GARAP MUSIK KESENIAN PENTHUL MELIKAN DI DUSUN MELIKAN DESA TEMPURAN KABUPATEN NGAWI

2019 ◽  
Vol 18 (1) ◽  
pp. 39-51
Author(s):  
Wahyu Paramita Jati ◽  
Suyoto Suyoto
Keyword(s):  
Qualitative Research ◽  
Data Analysis ◽  
External Factors ◽  
Theory Of Change ◽  
Observation Data ◽  
Musical Style ◽  
Art Form ◽  
Human Ability ◽  
Internal And External Factors ◽  
Positive Effect

Abstrak “ Reaktualisasi Garap Musik Kesenian Penthul Melikan Di Dusun Melikan Desa Tempuran Kabupaten Ngawi” pada dasarnya membahas garap musik kesenian Penthul Melikan Kabupaten Ngawi setelah mengalami perubahan yang kemudian disebut Reaktualisasi.Inti permasalahan yang diungkap dalam penelitian ini adalah (1) Bagaimana bentuk garap musik pada kesenian Penthul Melikan di Dusun Melikan, Desa Tempuran, Kecamatan Paron Kabupaten Ngawi (2) Faktor penyebab perubahan musik pada kesenian Penthul Melikan di Dusun Melikan, Desa Tempuran, Kecamatan Paron Kabupaten Ngawi. Penelitian ini adalah penelitian kualitatif, metode yang digunakan adalah metode penelitian kualitatif, meliputi observasi, pengumpulan data, dan analisis data.Penelitian ini menggunakan teori, konsep-konsep, dan pemikiran dari beberapa tokoh. Landasan konseptual Reaktualisasi menurut Geriya bahwa adanya proses transformasi dalam perubahan bentuk dan fungsi namun tetap dalam esensi spesiesnya. Teori kreativitas diungkapkan Munandar, bahwa manusia yang memiliki kreativitas sehingga mampu untuk menciptakan sesuatu dari tidak ada menjadi ada, dari yang sudah ada menjadi lebih baru lagi. Penelitian ini juga menggunakan teori perubahan yang ditawarkan Boskoff ketika mengupas tentang perubahan atau pembaharuan, yang pada dasarnya disebabkan oleh dua faktor, yaitu faktor internal dan faktor eksternal. Teori garap Supanggah, bahwasanya Reaktualisasi musik pada kesenian Penthul Melikan terdapat beberapa unsur garap meliputi; (1) materi garap, (2) penggarap, (3) sarana garap, (4) perabot garap, (5) penentu garap, dan (6) pertimbangan garap.Dari hasil penelitian disimpulkan bahwa ada pengaruh positif terhadap kesenian Penthul Melikan setelah mengalami reaktualisasi, adanya perubahan garap dan bentuk baru pada kesenian Penthul Melikan yang kemudian dinamakan Ganongan Melikan, membuat kesenian Penthul Melikan dengan bentuk dan garap yang lama kembali dikenal masyarakat dan semakin berkembang.Kata kunci: Reaktualisasi, Garap, Kesenian Penthul Melikan.Abstract“A reactualisation of the musical style of Penthul Melikan in Dusun Melikan, Desa Tempuran, Ngawi Regency” is a discussion of the musical style found in the Penthul Melikan performance which has changed through a process Geriya terms “reactualisation”. This research explores the following issues: 1) What is the musical style of Penthul Melikan in Dusun Melikan, Desa Tempuran, located within the Paron sub-district of the Ngawi Regency, as well as 2) the factors that changed the music of this art form. This qualitative research uses qualitiative methods including observation, data collection and data analysis. This research employs the theories, concepts and ideas of several figures. Geriya’s Reactualisation involves, as its foundation, a transformation within the art form in formal and functional qualities while nonetheless retaining the essence of its species. Munandar’s theory of creativity explores the human ability to create something from nothing, and the new from the currently existing. Change and renewal are discussed through Boskoff’s theory of change which focuses on internal and external factors. Supanggah’s theory of garap, which discusses the musical materials and tools at the disposal of the musicians is also relevant to studying the reactualisation of Penthul Melikan.The findings suggest that reactualisation has had a positive effect on Penthul Melikan, which later became known as Ganongan Melikan. This has allowed the former style of Penthul Melikan to re-enter its community and develop further.Keywords: Reactualisation, Garap, Penthul Melikan

scholarly journals IPTEKS ANALISIS SWOT TENTANG PERKEMBANGAN PASAR PINASUNGKULAN SAGERAT

2018 ◽  
Vol 2 (02) ◽  
Author(s):  
Christian Morgan Moray ◽  
Sintje Rondonuwu
Keyword(s):  
Problem Solving ◽  
Data Collection ◽  
Swot Analysis ◽  
External Factors ◽  
Internal Factors ◽  
Field Surveys ◽  
Analysis Process ◽  
Swot Matrix ◽  
Problem Solving Process ◽  
Internal And External Factors

Swot analysis is a problem solving process in determining the best strategy for the progress of the organization by looking at aspects of strengths, weaknesses, opportunities and threats. Swot analysis is accompanied by looking at the efas ifas and swot matrix for measuring the strategy assessment that will be taken. SWOT analysis process by identifying internal factors and external factors by means of data collection and field surveys aimed at obtaining aspects in internal factors and external factors. aspects of strengths and weaknesses are internal because they start from within the organization itself, while aspects of opportunities and threats are included in the external because they originate outside the organization, then the process is continued by connecting internal and external factors in the SWOT matrix to get four strategies, namely how to exploit opportunities, how weaknesses take advantage of opportunities, how strengths minimize threats and how weaknesses and threats seek solutions. from these results can be reflected which strategy is the best to run.Keywords : Strategic planning ,evaluate strenghs, evaluate weaknesses, evaluate opportunities, evaluate threats

scholarly journals Waqf Development in Marawi City via Issuance of Perpetual Waqf Sukuk

2019 ◽  
Vol 6 (2) ◽  
pp. 68-80 ◽  
Author(s):  
Nur Shukri ◽  
Siti Zamri ◽  
Aishath Muneeza ◽  
Hanif Ghulam
Keyword(s):  
Qualitative Research ◽  
Limited Resources ◽  
Islamic Finance ◽  
Research Approach ◽  
Islamic State ◽  
Secondary Sources ◽  
The Government ◽  
Close Quarter ◽  
The City

Since 2017, the city of Marawi was left in ruins after five months of aerial bombardments and close-quarter fighting between Islamic State of Iraq and al-Sham (ISIS) and government forces. Many buildings were destroyed; mosques and schools are no exceptions. While rebuilding efforts have begun in the city, the government has limited resources to fund city reconstruction and Waqf properties (e.g. mosques and schools) are not constitutionally considered as part of the government assets. Fortunately, the government seeks to channel funding for city reconstruction, including Islamic finance schemes. Therefore, this paper aims to assess the opportunities and challenges to rebuild Waqf properties through the issuance of Sukuk, Islamic bond. This paper adopts a qualitative research approach where secondary sources such as books, journals, articles and websites related to Waqf are reviewed. The paper also examines the successful examples of Sukuk-Waqf as part of the analysis.

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