The Impact of Financing of the Agricultural Business by Sharia Bank and Work Motivation to Increase the Exchange Rate of Farmers in West Java Province

Muhammad Zeinny Hasbunallah Sasmita; Nandu Saprudin

doi:10.31004/riggs.v4i4.5333

Authors

Muhammad Zeinny Hasbunallah Sasmita Universitas Teknologi Nusantara https://orcid.org/0009-0003-7123-7494
Nandu Saprudin Universitas Ary Ginanjar

DOI:

https://doi.org/10.31004/riggs.v4i4.5333

Keywords:

Total Amount Financing, Islamic Banks, Farmer Exchange Rates, West Java, Work Motivation, 2017-2021

Abstract

This quantitative study examines the impact of Islamic bank financing, social media marketing, and work motivation on farmers' exchange rates in West Java from 2017 to 2021. The farmer exchange rate, which measures purchasing power by comparing income to expenses, serves as the key welfare indicator (dependent variable). The research tests specific hypotheses using a conclusive design and a mixed-methods approach. Data collection combines secondary data on financing amounts from Islamic banks with primary data gathered via surveys and questionnaires. These instruments measure farmers' perceptions of social media advertising effectiveness and their levels of work motivation, ensuring representative and reliable inputs. The analysis employs a robust statistical procedure. After descriptive statistics, the data undergoes validity, reliability, and classical assumption testing. The core analysis uses multiple linear regression to measure the individual and combined influence of the three independent variables on changes in the exchange rate. The anticipated results are poised to contribute significantly to both theory and practice. Academically, the study integrates Islamic finance and digital marketing into agribusiness literature. Practically, it offers evidence-based insights. Islamic banks can optimize their agricultural financing and outreach, while local governments can formulate targeted policies to enhance sustainability and directly improve farmer prosperity in West Java.

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Author Biographies

Muhammad Zeinny Hasbunallah Sasmita, Universitas Teknologi Nusantara

I am a young man who is focused and interested in observing Islamic Finance, Monetary economics, Economic Finance, Development Finance, and Agricultural Economics. I also sometimes research and explore the field of industrial economics, including welfare, poverty, employment, macro-fiscal economics, and other related fields.

In the Academic field, I have a bachelor's degree in Islamic economics & Finance, a master's degree in master of Business Administration (MBA) in Business Risk &amp Finance, and I’m currently pursuing a doctoral degree in economics with a focus on Applied Economics.

In the Professional Field, I currently lecture in Management and am the Dean of the faculty of Social and Economics at Universitas Teknologi Nusantara. I’m also a researcher who focuses on Islamic economics and finance, Islamic Banking and Economy, and Political Issues.

Other Activities, I am a businessman with the position of President Director of a Company which focuses on Briket Trading, Food Catering, Making Flower Bouquets, Academic Consultant, and General Trading. Sometimes I work as an Expert Staff in several consultants engaged in the fields of Economics, Politics, &amp Finance.

I also have a commissioner position in several companies, a business consultant in several companies, and am still active and participate in various social, political, organizational, and humanitarian activities.

Nandu Saprudin, Universitas Ary Ginanjar

Nandu is a lecturer in Management at Ary Ginanjar University, specializing in teaching and research in financial management, accounting, investment, and taxation. His academic background includes a Bachelor's in Accounting Education and a Master's in Financial Management from the University of Education Indonesia (UPI), which strengthened his expertise in financial performance analysis, corporate governance, tax planning, and investment decision-making.

Professionally, Nandu has extensive experience as the Finance, Accounting, and Tax Manager at PT Life Holy Indonesia. His responsibilities encompassed corporate financial planning, control and risk management, tax compliance, and preparing financial reports based on accounting standards. He is also proficient in using various accounting software to support data-driven managerial decisions.

As a researcher, Nandu explores issues related to capital structure, corporate profitability, financial management accountability, tax policy, and the dynamics of investment and political economy that influence the business climate and corporate sustainability in Indonesia. His research focus is aimed at generating strategic recommendations relevant to both academia and business practice.

Beyond academic and professional activities, Nandu is also an active entrepreneur in the trade sector and is involved in various social, organizational, and humanitarian activities. This experience enriches his perspective on the connections between public policy, corporate financial strategy, and their impact on sustainable economic development. The combination of academic, professional, and entrepreneurial experience makes Nandu a figure capable of bridging the theory of financial management and accounting with business practices, corporate policies, and adaptive, secure, and sustainable investment strategies.

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