Jurnal Akuntansi Syariah (JAkSya)

BATAM MSMEs SHARIA AWARENESS IN CAPITAL DECISION : ANALYSIS OF CHOICES BETWEEN CONVENTIONAL AND SHARIA FINANCING

Putri Balqist — 2026-03-03

Micro, small, and medium enterprises (MSMEs) in Batam City play an important role in the local economy. However, they still face challenges when making decisions related to capital financing. Although sharia-compliant financing options are available, many MSMEs tend to prefer conventional financing because it is seen as faster and more convenient. This study aims to explore how sharia awareness affects MSMEs' decisions regarding capital sources and to identify the factors influencing these decisions. The research employs a descriptive qualitative approach, utilizing in-depth interviews with eight informants from Islamic financial institutions and MSMEs in Batam City. Data were analyzed using the Miles and Huberman model. The results reveal that MSMEs show varying degrees of awareness about sharia principles. Although the principles of interest free (riba-free) and halal financing are regarded as important, practical considerations tend to dominate decision-making. Lack of understanding about sharia financing principles and procedures is a significant obstacle. The study recommends enhanced training and education on sharia financing to enable MSMEs to make more informed and rational financing decisions.

THE EFFECT OF PROFITABILITY ON COMPANY VALUE IN PLANTATION COMPANIES LISTED ON THE IDX IN THE 2022-2024 PERIOD

Nurul Nazifah — 2026-03-12

Firm value is an important indicator that reflects market conditions regarding a company's performance and opportunities. One internal factor believed to influence firm value is profitability, but empirical research results show mixed findings. The purpose of this study is to analyze the effect of profitability on firm value in the plantation sector listed on the Indonesia Stock Exchange (IDX) for the 2022-2024 period. This study uses a quantitative method with a causality approach. Ten plantation companies were sampled in this study, selected using a purposive sampling technique. Panel data regression was used in data analysis, and the Random Effect Model (REM) was the best model for data analysis. This study found that profitability, as proxied by Return on Assets (ROA), has a significant positive effect on firm value, as proxied by Price to Book Value (PBV). This finding aligns with signaling theory, which states that profitability is a positive signal for investors in assessing a company's prospects.

ISLAMIC PAWNING IN PEGADAIAN SYARIAH: EVALUATING THE IJARAH CONTRACT IN ACCORDANCE WITH PSAK 107

Rosna Melly Agustin — 2026-03-15

The implementation of sharia pawn in Pegadaian Syariah is one form of financing product development based on sharia principles through the use of rahn contract as collateral and ijarah contract as the basis for determining service imbalances. In practice, the separation between rahn and ijarah contracts is important so that the ijarah contract remains understood as an independent service contract and does not shift to become part of the financing mechanism. This also has applications in accounting treatment that must refer to PSAK 107 concerning Ijarah Contracts. This study aims to analyze the implementation of ijarah contracts in sharia pawn using PSAK 107 as a normative evaluation framework. The research method used is a descriptive qualitative approach based on literature studies with data collection techniques through reviewing various sources such as PSAK 107, DSN-MUI fatwas, regulations, and related literature. The results of the study indicate that the conceptual implementation of the ijarah contract in Islamic pawnshops has referred to PSAK 107, particularly regarding the contract object in the form of services, contract discounts, and revenue recognition based on service benefits. However, there are still potential discrepancies, especially in the determination of ujrah and the clarity of contract clarification in conceptual practice. This study confirms that PSAK 107 functions not only as an accounting standard, but also as a tool for evaluating the suitability of the implementation of the ijarah contract in Islamic pawnshops.

GOOD CORPORATE GOVERNANCE IN ZIS MANAGEMENT: A QUALITATIVE ANALYSIS OF BAZNAS BANYUMAS BASED ON PSAK 109 AND ZAKAT CORE PRINCIPLES

Amara Widya Prastika — 2026-05-12

This study analyzes the implementation of Good Corporate Governance (GCG) principles in managing zakat, infaq, and shadaqah (ZIS) at BAZNAS Banyumas Regency. The research fills a gap by moving beyond conventional ZIS management studies to incorporate an assessment based on sharia accounting standards (PSAK 109) and specific, measurable governance indicators. The practical contribution lies in providing evidence-based input for strengthening the institution's internal control and transparency policies. Using a qualitative descriptive-comparative approach with secondary data from the 2023 financial report and the 2024 audited report, practices are compared against GCG principles and PSAK 109. The findings reveal that BAZNAS Banyumas has effectively implemented accountability and responsibility, reflected in the zakat fund's Allocation to Collection Ratio (ACR) of 90.88%, which falls into the highly effective category. Nevertheless, gaps persist in information transparency, particularly regarding the narrative disclosure of accounting policies, and an initial finding concerning the proportionality of distribution among asnaf categories, which warrants further needs-based assessment in the Banyumas region.

DETERMINANTS OF INTELLECTUAL CAPITAL DISCLOSURE IN THE BANKING SECTOR: THE ROLE OF PROFITABILITY, LEVERAGE, AND BOARD INDEPENDENCE

Muhammad Rivandi — 2026-05-20

Intellectual Capital Disclosure refers to the disclosure of information related to a company’s intellectual capital presented in annual reports or financial statements as a form of transparency to stakeholders. Intellectual capital itself represents intangible assets that serve as a source of competitive advantage in the knowledge-based economy. The purpose of this study is to empirically examine the significant effects of profitability, leverage, and independent commissioners on intellectual capital disclosure in banking sub-sector companies during the 2022–2024 period. This research employs a quantitative approach, and the sampling technique used is purposive sampling. The study includes 36 companies observed over a three-year period, resulting in a total of 108 observations. The data were obtained from the Indonesia Stock Exchange (IDX) https://www.idx.co.id/id and the respective companies’ official websites. Data processing was conducted using E-Views version 12, and the analysis method applied was panel data regression. The results of this study indicate that profitability has a positive effect on intellectual capital disclosure, while leverage and independent commissioners have no significant effect on intellectual capital disclosure.

THE IMPACT OF E-AUDIT ADOPTION AND AUDITOR COMPETENCE ON AUDIT QUALITY: EVIDENCE FROM PUBLIC ACCOUNTING FIRMS IN PADANG, INDONESIA

Putri Nabila Sundari — 2026-05-20

The rapid development of information technology has brought significant changes to auditing practices, particularly through the implementation of e-audit in the financial statement examination process. The use of technology in auditing is expected to improve the effectiveness, efficiency, and quality of audit results. However, in practice, issues related to audit quality are still found, one of which is reflected in the suspension of the license of Anderson and Rekan Public Accounting Firm (KAP) by the Financial Services Authority in 2024 due to violations of auditing standards. This phenomenon indicates that audit quality remains an important concern influenced by various factors, including the use of audit technology and auditor competence. Therefore, this study aims to analyze the effect of e-audit implementation and auditor competence on audit quality at Public Accounting Firms (KAP) in Padang City. This study employed a quantitative method with a multiple linear regression analysis approach. The population in this study consisted of 71 auditors working at Public Accounting Firms (KAP) in Padang City. The research data were collected through questionnaires distributed to auditors working at Public Accounting Firms in Padang City using a purposive sampling technique, resulting in a sample of 40 auditors. The results showed that the implementation of e-audit had a positive and significant effect on audit quality, indicating that the utilization of audit technology is capable of improving the effectiveness and efficiency of the audit process, thereby producing better audit quality. Meanwhile, auditor competence had a positive but insignificant effect on audit quality. This study contributes theoretically by enriching the literature regarding factors affecting audit quality, particularly related to the implementation of e-audit and auditor competence. Practically, this study is expected to serve as a reference for Public Accounting Firms in improving audit quality through the utilization of audit technology and the continuous development of auditor competence.