https://ejournal.unida.gontor.ac.id/index.php/altijarah/issue/feed Al Tijarah 2025-04-17T13:22:17+07:00 Yayan Firmansah yayanf@unida.gontor.ac.id Open Journal Systems <p><strong>Al Tijārah </strong>(<strong><a href="https://issn.brin.go.id/terbit/detail/1463294722">E-2528-2948</a></strong> and <strong><a href="https://issn.brin.go.id/terbit/detail/1434080661">P-2460-4089</a></strong>) is a semiannual journal published by University of Darussalam Gontor. Al Tijarah have collaborated with <strong><a href="https://drive.google.com/file/d/1pYmdq6x93w4iqOWoIjiWdyFB3LwHA8PS/view?usp=sharing">World Academy of Islamic Management (WAIM) Malaysia</a></strong>, <strong><a href="https://drive.google.com/file/d/1QILmkB7q0N_n3pIFa_moVYGuShpYZcn3/view?usp=sharing">Forum Pengelola Jurnal Manajemen</a></strong>, and <strong><a href="https://drive.google.com/file/d/1xCF-YNBA-_uE1LnBAOOeLQse9X12AnP2/view?usp=sharing">Forum Manajemen Indonesia</a></strong>. In line with the objective of the University, the journal is committed to promoting and developing contemporary issues in Islamic management. In the broadest sense, in order to keep scholars on research in the area of management. The editorial board welcomes original submissions in several fields:<br />1. Islamic Management<br />2. Islamic Finance<br />3. Islamic Human Resource Management<br />4. Islamic Marketing<br />5. Operational Management<br />6. Islamic Strategic Management<br /><br />Al Tijarah is currently indexed by <strong><a title="DOAJ" href="https://doaj.org/toc/2528-2948?source=%7B%22query%22%3A%7B%22filtered%22%3A%7B%22filter%22%3A%7B%22bool%22%3A%7B%22must%22%3A%5B%7B%22term%22%3A%7B%22index.issn.exact%22%3A%222528-2948%22%7D%7D%2C%7B%22term%22%3A%7B%22_type%22%3A%22article%22%7D%7D%5D%7D%7D%2C%22query%22%3A%7B%22match_all%22%3A%7B%7D%7D%7D%7D%2C%22from%22%3A0%2C%22size%22%3A100%7D" target="_blank" rel="noopener">DOAJ</a></strong>, <strong><a title="Google Scholar" href="https://scholar.google.co.id/citations?user=q0AbH_gAAAAJ&amp;hl=en" target="_blank" rel="noopener">Google Scholar</a></strong>, <a href="https://garuda.kemdikbud.go.id/journal/view/10463"><span style="text-decoration: underline;"><strong>Garuda</strong></span></a>, <strong><a title="Crossref" href="https://search.crossref.org/?q=al+tijarah&amp;from_ui=yes" target="_blank" rel="noopener">Crossref</a></strong>, <strong><a href="https://www.base-search.net/Search/Results?lookfor=http%3A%2F%2Fejournal.unida.gontor.ac.id%2Findex.php%2Faltijarah&amp;l=en&amp;refid=dcsuggesten" target="_blank" rel="noopener">BASE</a>,</strong> <a href="http://sinta2.ristekdikti.go.id/journals/detail?id=1611" target="_blank" rel="noopener"><strong>Sinta 4</strong> </a>and other reputated indexes in the future. </p> <p>Authors are welcome to publish research results and other articles by English in the Al Tijarah journal by following the existing the <strong><a href="https://docs.google.com/document/d/1qQf5tA1pWo-knkrgMXicsTlfd1YxmkxW/edit?usp=sharing&amp;ouid=111884657473436056411&amp;rtpof=true&amp;sd=true">format guidelines</a></strong>. This journal routinely publishes articles twice a year every June and December.</p> <p><strong>Announcements</strong></p> <p>CALL FOR PAPERS<br />Volume 11 Issue 1 - June 2025</p> <p>Invites Research Articles in All Categories of Management Studies.</p> <p>For online submission in <a href="https://ejournal.unida.gontor.ac.id/index.php/altijarah/about/submissions">https://ejournal.unida.gontor.ac.id/index.php/altijarah/about/submissions</a> <br />Information : +62 812-1749-2109 </p> https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/13463 The Effectiveness of Hybrid Working In Improving Employee Work-Life Balance and Employee Performance 2024-12-30T17:01:15+07:00 Ahmad Setiyono ahmadsetiyono292@gmail.com Fahmilia Rahmita rahmanitafahmilia@gmail.com Muhammad Fuzail fuzail251@outlook.com <p style="font-weight: 400;"><em>Technological advances have changed the traditional work paradigm into a more flexible model, especially the Hybrid Working work model, which combines working from the office (WFO) and working from home (WFH). This model has gained popularity during the COVID-19 pandemic as companies try to adapt to the new reality. This study investigates the impact of hybrid working on work-life balance. The goal is to understand how this work model can improve employee Work-Life Balance. The research methodology used is a library research method, which involves collecting and analysing relevant academic sources, including journals, articles and publications related to Hybrid Working, work-life balance and employee performance. Research design involves thorough selection, screening, and analysis of literature to gain meaningful insights. Findings show that Hybrid Working significantly improves work-life balance, leading to increased productivity and employee performance. Key aspects include improved time management, reduced stress, and increased commitment to the organization. This model allows employees to fulfil personal responsibilities while maintaining work efficiency. Companies or organizations that adopt hybrid working are expected to increase employee productivity, welfare and loyalty, reducing overall turnover rates. Effective implementation depends on leveraging technology, strong leadership, and supportive policies.</em></p> <p><strong><em>Keywords: </em></strong><em>Hybrid working, Work life balance, </em><em style="font-weight: 400;">Employee performance</em></p> 2024-12-31T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/14022 Determination of Ownership Structure, Profitability, and Liquidity on Dividend Policy in Companies Listed on the JII 2025-02-28T13:44:02+07:00 Muhammad Zidan Maftuh Al husna mzidanmaftuh@Gmail.com Ika Yoga ika.yoga@staff.uinsaid.ac.id <p><em>This study analyzes the effect of ownership structure, profitability, and liquidity on dividend policy in 18 companies listed on the Jakarta Islamic Index (JII) for the 2019-2023 period.Secondary data in the form of company financial reports obtained from the Indonesia Stock Exchange were analyzed using panel data regression with Eviews software. The findings indicate that managerial ownership (MNRG) exerts a negligible influence on dividend policy (DPR), given the negligible proportion of managerial shares relative to public shares.Conversely, Return on Assets (ROA) demonstrates a positive and significant relationship with DPR, suggesting that higher profitability leads to increased dividend distribution likelihood. The study further found that Net Profit Margin (NPM) exerts no significant influence on DPR, suggesting that net profit is predominantly allocated to support the company's operational needs.The Current Ratio (CR) was found to have a positive and significant effect on DPR, indicating that a higher liquidity level in the company corresponds with its greater capacity to pay dividends. Consequently, this study validates that profitability and liquidity emerge as the predominant factors influencing dividend policy in companies listed on the Jakarta Islamic Index (JII) during the 2019-2023 period</em><em>.</em></p> 2024-12-30T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/13953 The Influence of Electronic Word of Mouth and Product Diversity on Purchasing Decisions for Hanasui Cosmetic Products 2025-02-18T09:36:36+07:00 Zulfa Afifah Nur'aini zulfaafifahnuraini@gmail.com Datien Eriska Utami datieneriskautami@staff.uinsaid.ac.id <p><em>This study analyzes the influence of Electronic Word of Mouth (E-WOM) and product diversity on purchasing decisions for Hanasui cosmetics in Klaten. The primary objective of this study is to understand how these two factors influence consumer behavior in determining product choices.The study employed a quantitative survey method, distributing questionnaires to 100 respondents. IBM SPSS Statistics v23 x64 was used to analyze the data to obtain accurate and valid results. The findings of the study indicate that both E-WOM and product diversity exert a significant positive influence on purchase decisions, thereby confirming that effective marketing strategies, including the utilization of digital consumer reviews and the provision of a wide product variety, play an important role in increasing consumer attraction and interest in Hanasui cosmetic products.</em></p> 2024-12-30T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/13967 Profitability, Liquidity, And Stock Volatility As Determinants Of Firm Value In The Coal Sector Period 2019-2023 2025-02-18T09:17:29+07:00 Ria Sintya Wati riasiwa22i@gmail.com Datien Eriska Utami datieneriskautami@staff.uinsaid.ac.id <p><em>This study analyzes the effect of profitability, liquidity, and stock price volatility on firm value in coal issuers listed on the Indonesia Stock Exchange (IDX) and indexed in the Indonesian Sharia Stock Index (ISSI) for the period 2019-2023. Profitability is measured by Return on Assets (ROA), liquidity is measured by Current Ratio (CR), and stock price volatility is measured by Standard Deviation of Stock Returns (STDV), while firm value is proxied by Price to Book Value (PBV).Secondary data were obtained from annual financial reports and analyzed using panel data linear regression with the Fixed Effect Model method. The study's findings suggest that profitability (ROA) and liquidity (CR) have a positive and significant effect on firm value, indicating that companies with high profitability and adequate liquidity tend to have higher market valuations.Conversely, stock price volatility (STDV) has a substantial negative effect on firm value, indicating that high stock price volatility increases investment risk and reduces investor confidence. The findings of this study offer valuable insights for financial managers and investors, guiding their efforts to enhance firm value by managing internal factors and taking into account market risks.</em></p> 2024-12-26T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/14274 Can Brand Switching of Consumers of The Originote Skincare Products in Sidoarjo Be Influenced by Electronic Word Of Mouth (E-WOM), Variety Seeking, and Service Quality? 2025-03-21T13:24:43+07:00 Evi Wijayanti eviwijayanti721@gmail.com Dewi Komala Sari dewikomalasari@umsida.ac.id Supardi supardi@umsida.ac.id <p>This study aims to determine whether the Brand Switching of The Originote Skincare Product Consumers in Sidoarjo is Influenced by Electronic Word Of Mouth (E-WOM), Variety Seeking, and Service Quality? This study uses a descriptive quantitative method, in its own population are users of The Originote skincare products with a sample of 100. The sampling technique uses a purposive sampling technique with respondents being the people of Sidoarjo at least 17 years old. The data collection technique uses a questionnaire that will be distributed through social media, and the answers are measured using a Likert scale. This study uses PLS-SEM data analysis. The results of this study prove that Electronic Word Of Mouth influences Brand Switching of The Originote Skincare consumers, Variety Seeking influences Brand Switching of The Originote Skincare consumers, and Service Quality influences Brand Switching of The Originote Skincare consumers.</p> 2024-12-30T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/13028 Effective Management of Zakat in Afghanistan: lessons from Indonesian Experience 2025-01-05T10:21:06+07:00 Ziaulrahman Mushkalamzai mashkalamzai@gmail.com Mumtaz Ahmad Munqad mumtazahmadmunqad@gmail.com <p>Islam's third pillar is Zakat. Zakat on wealth is a mandatory payment for Muslims. However, it is essential that the government set up a mechanism for managing Zakat. Afghanistan's existing system is a long-standing and traditional. A new, fully functional system, similar to those in other Islamic countries, must be built. This will make it simple to collect Zakat and distribute it to the revered person. This study, which uses a qualitative approach, aims to use Indonesia's experiences to suggest a new administration and structure for Zakat in Afghanistan. This means that there are two kinds of Zakat organizations in Indonesia: governmental and private. In Indonesia, the Zakat system has significantly reduced poverty. Additionally, this study suggested a new Zakat management model for this aim.</p> 2024-12-30T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/14275 The Influence Of Live Streaming, Discounts, And Content Marketing On Purchasing Decisions On Tiktok Shop (Study On Generation Z Consumers in Sidoarjo) 2025-03-22T11:29:47+07:00 Cindy Ananda Putri anandacindy31@gmail.com Muhammad Yani muhammad_yani@umsida.ac.id Mas Oetarjo masoetarjo@umsida.ac.id <p>Tiktok is a creative video application developed by the Chinese-based company Bytedance, China in September 2016. Tiktok's popularity began to skyrocket in 2018. It has been downloaded 67.4 million times in Indonesia in 2023. In September 2021, Tiktok adapted by adding a shopping feature to its application known as Tiktok Shop. This study aims to measure the level of influence of live streaming, discounts, and content marketing on purchasing decisions at Tiktok Shop. The sampling technique in this study used a purposive sampling technique and used the Lemeshow formula to determine the number of samples due to the unknown population, with a result of 100 respondents. Data collection was carried out by distributing questionnaires to Tiktok Shop users. This study is quantitative and uses the SmartPLS analysis tool. The results of the study show that live streaming, discounts, and content marketing have a positive and significant effect on purchasing decisions at Tiktok Shop in Sidoarjo.</p> 2024-12-26T00:00:00+07:00 Copyright (c) 2024 Al Tijarah https://ejournal.unida.gontor.ac.id/index.php/altijarah/article/view/14432 The Influence Of Influencer Marketing, Digital Advertising, Online Customer Reviews And Perceived Value On Purchasing Decisions In The Ms Glow E-Commerce Brand (Study Of Ms Glow Users In Sidoarjo) 2025-04-17T13:22:17+07:00 Nurussyahidah Choirunnisa nurussyahidahchrnisaa@gmail.com Muhammad Yani muhammad_yani@umsida.ac.id Lilik Indayani lilikindayani@umsida.ac.id <p><em>E-commerce has gotten to be one of the foremost prevalent computerized acquiring and offering media and has gotten to be a prevalent online shopping stage by businesses. Online shopping offers comfort counting boundless get to to time and area, simple get to to item data, cost and quality comparison, and more. The reason of this think about is to analyze the affect of esteem on influencer promoting, advanced promoting, online client surveys, and acquiring choices of MS Gleam Sidoarjo e-commerce brands. For obscure populaces, utilize the favor condition to calculate the number of tests with 100 respondents. This ponder employments a quantitative approach and SmartPLS examination apparatuses. The comes about showed that influencer showcasing incorporates a critical positive affect on obtaining choices, online client reviews have a critical positive affect on acquiring choices, and seen esteem features a noteworthy positive affect on MS Gleam e-commerce brands.&nbsp;</em></p> 2024-12-30T00:00:00+07:00 Copyright (c) 2024 Al Tijarah