The originality of the Article
- The manuscript is written in the format required by the Author Guidelines of the Review of Islamic Economics and Finance (RIEF)
- The manuscript does not contain plagiarism, falsification and/ or fabrication of data.
- The manuscript is not submitted to another publication and is not be under review for publication elsewhere during Review of Islamic Economics and Finance (RIEF) review process.
- The manuscript is not accepted for publication elsewhere.
- The submission file is in Microsoft Word, RTF, or WordPerfect document file format.
Format
Manuscripts should be written as concisely, consistently, and straightforward as possible. The number of pages consists of 16 - 20 (twenty) pages (including figures and tables), and appendices should not be included in the text. Scripts are written in single-space on one side of A4 size paper (210 x 297 mm). The paper should have an upper limit and a lower limit of 2.5 cm and 3 cm left and right border of 2.5 cm. Font used is Times New Roman 12 pt. Scripts can be written using the English language. The writing style refers to the APA Style (The American Psychological Association).
The manuscript is presented in several sections: Introduction (Include research objective and hypothesis development if available), Method, Results and Discussion, Conclusion, and References
Title
The title should simply and clearly summarize the main idea, typed in uppercase and lowercase letters, centered between the left and right margin; the recommended length of the title is no more than 15 words with font size 14.
Author
The Journal operates a peer review process and promotes blind reviewing. To facilitate this process, author’s names (without academic titles), institutional affiliations, and the email address of the corresponding author should appear only on a detachable cover sheet. Contributor(s) should include a short CV describing his/her/their current position and activities in not more than 80 words.
Author 1*
Author 2*
*Departement/Study Program Name, Faculty Name, University Name, City, and States
*Corresponding Author. E-mail: author@author.com
Abstract
The abstract consists of not more than 200 words, describing the phenomenon being studied (one or two sentences, maximum 10 [ten] words) with the font size 11, explicitly write in bold: Introduction, the purpose of a study, objective of the papers, method, results, conclusion. The abstract should be written in English, and include five keywords. Written alphabetically.
Introduction (include research objective, theoretical framework, and hypothesis development if available)
This section describes three main components. First, it describes the phenomenon being studied, the introduction should consist of the background of the study, research contexts. Secondly, the author explains the relationship between phenomenon and existing theories (at least one of the journals cited should be less than five years old); and finally describes the purpose of the study. Furthermore, this section also contains previous theories, both from primary reference (grand theory) and journal articles (including at least one journal published in the last ten years). This section also discusses arguments on the relationship between the variables being studied and ends with the hypothesis depicting the relationships of the variables (there should be some argument for each hypothesis). All introduction should be presented in the forms of paragraphs, not pointers, with the proportion of 15-20% of the whole article length.
*For an exploratory study, this section should consist of previous theories underlying the Research Question. (Please provide a strong argument(s) that reference variable(s) or explanation(s) as to why research will fill the gap from the literature.
Method
This section consists of description concerning the research design, data sources, data collection, and data analysis with the proportion of 10-15% of the total article length, all presented in the form of paragraphs and approaches taken by the author, whether qualitative or quantitative approach. This section also includes a sample description (respondent/case profile), sampling method, sampling size, error level, data collection method, variable operationalization, and analysis method.
Results and Discussion
The Results and discussion section consist of a description of the results of the data analysis to answer the research question(s) and their meanings are seen from current theories and references of the area addressed. The proportion of this section is 40-60% of the total article length. This section consists of the results of validity and reliability tests and analysis of the results. Furthermore, this section discusses the results of the current study and how they relate to the hypothesis presented. The discussion section also explains possible reasons for why a certain hypothesis is rejected or accepted and how they relate to previous research. The results of the study are discussed to address the problem formulated, objectives and research hypotheses. It is higly suggested that discussion be focused on the why and how of the research findings can happen and to extend to which the research findings can be applied to other relevant problems. Furthermore, the author should show how the current result supports or contradicts previous studies, limitation of the study, and implication of the study (both managerial and scientific implications). This section also discusses the recommendation(s) for future research based on the limitation of the study.The findings and discussion section consist of description of the results of the data analysis to answer the research question(s) and their meanings seen from current theories and references of the area addressed.
Conclusion
The conclusion section consists of the summary, restatement of the main findings. This section provides a brief explanation of the study and the impact of the study. Conclusion should be withdrawn on the basis of research findings, formulated concerns and research purposes. Conclusion is presented in one paragraph without numerical form of expression. Explain your research contributions to science
References
Use the Mendeley reference manager application. This section consists of all references used in the article. The number of references should be no less than 15 references, where the number of journal articles (includes at least one journal article published within the last ten years) should exceed the number of textbooks. Follow the author instructions in the APA Style (The American Psychological Association).
The sources cited should at least 80% come from those published in the last 10 years. The sources cited are primary sources in the forms of journal articles, books, and research reports, including theses and dissertations. Citations from journal should be at least 80% of the total references cited.
Example:
Alam, N., Hassan, M. K., & Haque, M. A. (2013). Are Islamic bonds different from conventional bonds? International evidence from capital market tests. Borsa Istanbul Review, 13(3), 22–29. https://doi.org/10.1016/j.bir.2013.10.006
Bank Indonesia. (2017). Infografis Kebijakan Moneter Bank Indonesia. Retrieved from https://www.bi.go.id/id/ruang-media/siaran-pers/Pages/sp_199517.aspx
Bank Indonesia. (2018). Infografis Kebijakan Moneter Bank Indonesia. Retrieved from https://www.bi.go.id/id/ruang-media/siaran-pers/Pages/sp_209618.aspx
Bhuiyan, R. A., Rahman, M. P., Saiti, B., & Mat Ghani, G. (2018). Financial integration between sukuk and bond indices of emerging markets: Insights from wavelet coherence and multivariate-GARCH analysis. Borsa Istanbul Review, 18(3), 218–230. https://doi.org/10.1016/j.bir.2017.11.006
Ekananda, M. (2014). Analisis Ekonometrika Data Panel. Jakarta: Mitra Wacana Media.
Ferdinand, A. (2014). Metode Penelitian Manajemen. Badan Penerbit Universita Diponegoro.
Hassan, K. A. (n.d.). Comparison between Sukuk and Conventional Bonds: Value at Risk Approach. Retrieved from http://ssrn.com/abstract=2215194
Hasyim, A. I. (2016). Ekonomi Makro. Jakarta: Prenadamedia Group.
IIFM Sukuk Report. (2018). (2019). A Comprehensive study of the global sukuk market (6th ed.). Retrieved from https://www.iifm.net/iifm-publishes-its-annual-sukuk-report-2019-usd-123-2-billion-sukuk-issued-globally-in-2018/
Indonesia Bond Pricing Agency. (2019). Yield to Maturity Sukuk Ijarah and Mudharabah. Jakarta.
Krichene, N. (2012). Islamic capital markets: Theory and practice. John Wiley & Sons.
Naifar, N. (2016). Modeling dependence structure between stock market volatility and sukuk yields: A nonlinear study in the case of Saudi Arabia. Borsa Istanbul Review, 16(3), 157–166. https://doi.org/10.1016/j.bir.2016.01.005
Nisar. (2010). How Sukuk works: Introduction, structuring and application of Sukuk bonds.
Noor, J. (2017). Metode Penelitian: Skripsis, Tesis, Disertasi, dan Karya Ilmiah. Jakarta: Kencana.
Oseni, U.&Hassan, M. . B. (2015). No Title. Journal of Banking Regulation, 16:220. https://doi.org/https://doi.org/10.1057/jbr.2014.3
Otoritas Jasa Keuangan. (2015). Peraturan Otoritas Jasa Keuangan Nomor 18/POJK.04/2015.
Razak, S. S., Saiti, B., & Dinç, Y. (2018). The contracts, structures and pricing mechanisms of sukuk: A critical assessment. Borsa Istanbul Review. https://doi.org/10.1016/j.bir.2018.10.001
Tandelilin, E. (2017). Pasar odal Mnajemen Portofolio dan Investasi. In Jurnal Manajemen dan Bisnis MEDIA EKONOMI VolumeXVII. Depok: Kanisius.
Yahya, W. F. (2017). Analisis Faktor - Faktor yang Mempengaruhi Yield Obligasi. Jurnal Ilmu Dan Riset Manajemen Volume 6, Nomor 8 .
Zulkhibri, M. (2015). A synthesis of theoretical and empirical research on sukuk. Borsa Istanbul Review, 15(4), 237–248. https://doi.org/10.1016/j.bir.2015.10.001