The National Accreditation Board for Higher Education (BAN-PT) has delivered the results of the decision on the inaugural accreditation assessment of the Sharia Economic Law (HES) Study Program at the SEBI Islamic Economic College (SEBI STEI) with a rating of "Good Accreditation", which is accessed through the Online Higher Education Accreditation System (SAPTO) on Thursday, May 11, 2023. The results of the assessment are stated in the form of a Decree of the Director of the Executive Board of BAN-PT with number 1514/SK/BAN-PT/Ak/S/IV/2023 accompanied by an Accreditation Certificate with the predicate "Good", valid from April 26, 2023 to April 26, 2028. The Decree and Accreditation Certificate documents were signed directly by the Director of the Executive Board of BAN-PT, Prof. Ari Purbayanto.

A long process in the form of several stages was passed by the HES Study Program which was led by Rio Erismen Armen, Lc., M.A., Ph.D. (Head of Study Program) and Muhammad Ismail Abdullah, S.E. (Secretary of Study Program) to obtain the results of the accreditation. Starting with the decision of STEI SEBI to open a new department by submitting a proposal for the establishment of HES Study Program to BAN-PT and also the Ministry of Religious Affairs of the Republic of Indonesia in 2019. From this submission, a Decree of BAN-PT No. 59 / SK / BAN-PT / Min-Akred / XI / 2019 was issued on November 6, 2019 concerning the Fulfillment of Minimum Accreditation Requirements for Study Programs at Islamic Religious Universities. The decree as referred to then becomes a reference in the issuance of the Decree of the Minister of Religious Affairs of the Republic of Indonesia number 1170 of 2019 concerning the Permit for the Implementation of the Sharia Economic Law Undergraduate Study Program at the SEBI Depok Islamic Economic College signed on December 23, 2019.

So far, the number of HES Study Program students has been quite stable since the issuance of the permit for the implementation of the study program by the Ministry of Religious Affairs. In the first year of operation in 2020, there were 58 active students in this department. Then in 2021 it increased to 89 people, and in 2022, it increased again to 145 people. STEI SEBI then targets the number of active students of HES Study Program in the odd semester of September 2023 to exceed 200 people.

Several profiles of graduates of HES STEI SEBI Study Program were mentioned during the submission of the establishment proposal based on a review of graduates from similar study programs at the local, national, and international levels. Graduates of HES STEI SEBI Study Program are expected to take part in the world of Islamic finance industry, education, and sharia business. Among the graduate profiles that have been determined are the opportunity to become a Fatwa Drafting Expert Team at the Fatwa Authority, a Sharia Accounting and Audit Standard Formulation Expert Team, Sharia Compliance Experts (Sharia Compliance), Sharia Supervisory Board, Sharia Consultants, Educators and Researchers in the Field of Sharia Economic Law, and Religious Judges in the Field of Muamalah and Financial Transactions.

Currently, there are eight permanent lecturers of HES STEI SEBI Study Program who already have a National Lecturer Master Number (NIDN), with educational qualifications as many as 4 lecturers have taken strata 3 education, and the rest have taken strata 2 education. The permanent lecturers of HES Study Program are:

1. Oni Sahroni (Founder of Muamalah Daily – graduate from S1 to S3 at Al-Azhar University Cairo);
2. Rio Erismen Armen (Head of HES Study Program - S1 graduate at Al-Azhar University Cairo, S2 at the Institute of Arab Research and Studies Cairo, and S3 at International Islamic University Malaysia);
3. Roni Hidayat (S1 graduate at Al-Azhar University Cairo, S2 at IAIN Imam Bonjol Padang, and S3 at UIN Syarif Hidayatullah Jakarta);
4. Moh. Rozaq Asyhari (S1 and S2 graduates at Jember University, and S3 at the University of Indonesia);
5. Muammar Gaddafi (S1 graduate at the Islamic University of Madinah and S2 at the University of Muhammadiyah Surakarta);
6. Aries Hermawan (S1 graduate at STEI SEBI and S2 at Ibnu Khaldun University Bogor); Khairul Fitroh (S1 graduate at the Darussalam Institute of Islamic Studies (ISID) Gontor Ponorogo and S2 at Sultan Ageng Tirtayasa University); and
7. Muhammad Azam Shidqi (S1 graduate at Al-Azhar University Cairo and S2 at UIN Syarif Hidayatullah Jakarta).

The accreditation stages that have been carried out by the HES Study Program begin with applying for study program accreditation through the BAN-PT website by attaching several documents, including a Cover Letter from Sigit Pramono as the Head of STEI SEBI College, Study Program Performance Report (LKPS) documents, Self-Evaluation Report (LED) documents, and other documents. HES Study Program, assisted by the Accreditation Form Preparation Implementation Team, has prepared the necessary documents since January 19, 2022 and successfully submitted these documents on July 5, 2022.

After submitting the documents required for the study program accreditation process, HES Study Program awaits confirmation from BAN-PT for the next process, namely adequacy assessment. The adequacy assessment is carried out by the Assessor Team from BAN-PT independently to assess the accreditation application documents submitted by the HES Study Program whether it is feasible to pass the next accreditation stage or not. Furthermore, based on the decision of the BAN-PT Executive Board meeting on adequacy assessment, HES STEI SEBI Study Program has been declared to have passed the field assessment stage on March 28, 2023.

The field assessment of HES STEI SEBI Study Program will be held online on April 14-15, 2023. Erie Haryanto (IAIN Madura Lecturer) and Sri Lumatus Sa'adah (UIN Kiai Lecturer Haji Achmad Siddiq Jember), as the Assessor Team from BAN-PT visited the HES STEI SEBI Study Program to assess the suitability of the submitted documents with the reality in the field.

The field assessment activity was opened by Yoyo Sundoyo as the host (MC) on April 14, 2023 at 08.00 WIB, then continued with a speech by Azis Budi Setiawan as Vice Chair I for Academic Affairs of STEI SEBI. Azis in his speech expressed his gratitude to the Assessor Team for taking the time to visit STEI SEBI through the field assessment agenda in the context of accreditation of HES Study Program. "Hopefully the results of this field assessment will be the best results to be an encouragement for HES Study Program to be even better in the future," said Azis.

Field assessment activities were led by Erie Haryanto and Sri Lumatus Sa'adah with various series of events, starting with agreeing on the Current Year (TS) period, then confirming the LKPS and LED fillings, followed by an assessment session with UPPS Leaders, Internal Quality Assurance Systems, and the HES Study Program Accreditation Form Preparation Implementation Team. The first day's field assessment ended at 17.00 WIB.

Field assessment activities on the second day began at 08.00 WIB, immediately taken over by the Assessor Team and continued to the next series of events, namely interviews with external parties. The external parties invited on this occasion are figures who have relevance to sharia economic law, including Asgaft Asysyad Rasyid as Shariah Compliance staff at Bank Sinar Mas Syariah, Ridho as Shariah Compliance staff at BCA Syariah, and Iqbal Fadli Muhammad as staff at the Directorate of Zakat Empowerment and Islamic BIMAS Waqf Ministry of Religious Affairs of the Republic of Indonesia.

After interviews with external parties, the agenda continued to interviews with permanent lecturers of HES Study Program. The permanent lecturers who attended this occasion were Roni Hidayat as a lecturer in muamalah jurisprudence and Khairul Fitroh as a lecturer in law courses. After interviews with permanent lecturers, followed by interviews with several HES Study Program students, namely Saladin, Anida, and Ijlal.

After the interview session ended, it continued to the next series of events, namely an online campus environment visit. In this session, the operator and documentation team toured the campus with cameras to highlight places on campus accompanied by an explanation delivered by Sepky Mardian, as the field assessment preparation committee of HES Study Program.

After the online campus visitation agenda, the agenda continues with an assessment session by the Assessor Team independently. At 14.00 WIB, the Assessor Team provided assessment results and inputs for HES Study Program in particular, and for SEBI STEI in general. These inputs were welcomed and well received by the HES Study Program and the Head of STEI SEBI. The field assessment agenda of the HES Study Program is officially closed on April 15, 2023 at 15.00 WIB.

"SCIENTIFIC VISIT TO BASYANAS-MUI" HES 2020 STEI SEBI Study Program

Sharia Economic Law  Study Program 2020 Sekolah Tinggi  Ekonomi Islam (STEI) SEBI Depok held a scientific visit to the  Sharia Arbitration Board (Basyarnas) MUI on Saturday,  January 21, 2023  . The event was held  online using  Zoom Meeting. The event was filled by Dr.  Achmad Djauhari, SH, MH as vice chairman of  Basyarnas MUI and also Mr. Rio Erismen Armen, Lc, MA., PhD as Chairman of Sharia  Economist Law  Study Program  STEI SEBI.

The event was opened with remarks  by  the Head of  HES   Study Program, a lecturer who teaches the Sharia Aribitrase course and also remarks from the secretary of   Basyarnas MUI. The next event  was the delivery of material by Dr.  Achmad Djauhari, SH, MH.   He conveyed from the understanding of arbitration, legal principles and basis, and so on. 

"The philosophy of dispute resolution  is basically  trust,  just like when someone  has a dispute and they  appoint someone and they believe    that person has the ability to resolve  nicely, beautifully and peacefully.  So people who have  such abilities can be trusted by  the public,  usually the flying  hours are high.  Then it appears in the  formulation in  law 20 on the requirements of  arbitrators aged 35 and experienced 15 years.   This  requirement  states that if examined the requirement is cumulative rather than alternative, age  and experience must exist  as an arbitrator."   Dr. Achmad Djauhari

He also said that resolving disputes through sharia arbitration  has advantages, including efficient time, energy, closed trial  processes, arbitrators appointed directly by the  parties  and also  the arbitral award shall be final & binding and have executory force.

"Dispute resolution  through the  Shari'ah Arbitration system, as a  logical consequence for believers  where they are obliged to become Muslims in kaaffaah, is a solution that can  meet the needs of the Muslim community  in Indonesia, especially those related to  civil law. Because  the concept of  Shari'ah Arbitration contains a  choice of business objects that are  in accordance with  Islamic  Shari'a, the contracts are also  in accordance with the Sharia contract, if a dispute occurs it can be resolved by    shari'ah and dignity (closing disgrace)", Dr.  Achmad Djauhari.

The event ran for 2 hours and was finally closed by a question and answer  with students.

STEI SEBI BUSINESS INCUBATOR ENCOURAGES AGRIBUSINESS SPIRIT AMONG YOUNG ENTREPRENEURS

Thursday, January 19, 2023, SEBI's STEI business incubator, SEL (SEBI Entrepeneurship Laboratory) through its flagship program IYES (Indonesia Young Entrepreneur Summit) held a Public Lecture on Youth Entrepreneurship and Classical Learning at Sebi Hall, Depok City, West Java.

The event initiated with PT. The Three Lights Clinic presented the main speakers from multinational agribusiness companies represented by Rina Faqih (Human Resources and General Affairs Director of Great Giant Foods). The first session was moderated by Yahya Imanuddin, S.T, M.Sc (CEO- Founder of Global Farmer). The second session, namely Classical Learning, presented Aresdi Mahdi Asyathry, ST, M.Si (CEO of Glek). Meanwhile, in the third session, a Focus Group Discussion was held guided by Amarullah Adhi Saputra, B. Eg (Hons) (PT Perigi Tiga Cahaya).

"Indonesia in 2045 will face a demographic bonus that is largely determined by the current generation. The growth of sectors that absorb labor is important. And agribusiness is the 3 largest sectors in Indonesia that absorb the highest workforce. This is certainly an opportunity that must be welcomed carefully," said remarks from Sigit Pramono, PH, D, CA, CPA (Chairman of STEI SEBI) when opening this event.

Agribusiness as a Future Business Sector

Rina excitedly said that the potential of agriculture in Indonesia is so large that it has become a leading sector and contributed to GDP by 12.9% during quarter 3 of 2022 with a total of Rp657.2. It is estimated that by 2050 the world will experience a food crisis, allowing more food production to keep up with population growth by 2050.  The demand for fresh fruit also increased by 31.9% with the total number of fruit exports from Indonesia amounting to 375.04 tons.

Kimberly, GGF's Reward Partner Manager, who attended the event added about the use of technology in GGF's operations. GGF makes the production cycle environmentally waste-friendly through the rigorous application of an integrated sustainability farming approach. He conveyed that canned pineapple as the leading production from GGF is processed optimally. The flesh is made canned fruit. The GGF research team found an enzyme to treat cancer from the middle weevil in pineapples that are usually discarded. The bark and leaves are processed into biogas as energy to power factories and household purposes. "Even cow dung we research to find bacteria that can be used," Kimberly explained. Closing her session, Rina advised that young people are more interested in entering the agribusiness field, business people in this field must present themselves cool, fragrant, and clean not inferior to other professions.

Foundation is the Most Important Thing in Business

In the second session, Ares discussed the pillars of management in managing a business. "Most important of all business processes is how the foundation is built," Are emphasizes. Every Muslim businessman must fully understand the initial motivation and mind set of his business. The most powerful motivation in doing business is to provide the maximum benefit to others. The wrong foundation will destroy the pillars / poles built. Ares explained that there are 5 business foundations, namely good intentions, good prejudices, good morals, and good attitudes.

Exploring Regional Potential

The last session in the form of an interactive FGD was guided by Amarullah Adhi Saputra, B. Eg (Hons) and Yahya Imanuddin, S.T, M.Sc. The discussion took place in groups to explore further the discussion theme "Economic Potential in Indonesia". Each group was asked to respond to economic potential opportunities in each participant's area through observation of economic potential data in Indonesia where agribusiness was in third place. Furthermore, the discussion dived on the problems and solutions to be realized.

The event, which was attended by 50 participants, mostly consisting of IYES awardees and students of the Sharia Business Management study program STEI SEBI, further realized the magnitude of agribusiness opportunities in Indonesia.

STEI SEBI Achieves  Excellent Institutional  Accreditation from BAN PT

SEBI College of Islamic Economics (STEI) has achieved Excellent accreditation from the National Accreditation Board for Higher Education (BAN-PT) based on the Decree of the Director of the Executive Board of BAN-PT No. 44/SK/BAN-PT/Ak.KP/PT/I/2023 which will take effect on January 18, 2023. The "Very Good" Decree and Certificate were obtained through the mechanism of the Conversion Supplement Instrument (ISK). ISK is an additional accreditation instrument used for decision making to convert accredited ratings obtained with the 7 Standard Higher Education Accreditation Instrument into new accreditation ratings in accordance with the APT 3.0 instrument with 9 standards. To note, accreditation ratings with 7 standards are A, B, C and Not Accredited, while accreditation ratings with 9 standards are Excellent, Very Good, Good and Not Accredited.

Accreditation conversion is carried out by STEI SEBI to ensure the maintenance and improvement of the quality of the tridharma of higher education. The accreditation process is carried out by a working team formed based on the Decree of the Chairman of STEI SEBI. The accreditation process is a response to the new provisions of accreditation 9 standards issued by BAN-PT. SEBI's STEI accreditation, which is still valid until April 2023, needs to be converted to a new standard by meeting the Conversion Supplement Instrument (ISK) mechanism.

"Actually, SEBI's STEI institutional accreditation is still valid until April 2023, but because there are new regulations regarding 9 standard accreditations, SEBI is given the opportunity to conduct ISK. This means that we are allowed to convert the previous accreditation standard to the new standard." said Dr. Sepky Mardian, SAS as the Head of the Work Team.

The work team formulated the ISK document for approximately 3 months. After all stages and completeness in ISK are met, the document is uploaded online old SAPTO (Online Higher Education Accreditation System) managed by BAN-PT. Based on monitoring the status of ISK submissions at SAPTO, it is known that SEBI's STEI accreditation has passed the conversion of accreditation ratings from the original "B" to "Very Good" as of January 18, 2023.

“... We do this UTI effectively for 1 month, but because we don't do it continuously so we need about 3 months. The completed ISK was submitted in early December 2022 on the SAPTO website. Alhamdulillah, as of January 18, 2023, ISK was declared accepted and SEBI's STEI accreditation was successfully converted from Good to Very Good," said Sepky.

Furthermore, the reaccreditation process will follow the new provisions, namely through direct monitoring by BAN-PT of SEBI's STEI tridharma data in the Higher Education Database (PDDikti) or what is called the Accreditation Rating Monitoring and Evaluation Instrument (IPEPA). "Accreditation of these 9 standards emphasizes more on outputs that must be integrated from all tridharma activities of higher education. For this reason, this fulfillment requires serious attention to the importance of implementing the Internal Quality Assurance System (SPMI) of higher education," explained Sepky. STEI SEBI through the Internal Quality Assurance Unit has established quality standards and conducts periodic quality audits of units under STEI SEBI. The results of the internal quality audit become data that illustrates the performance achievements of the tridharma of higher education and has been used as one of the baselines in determining SEBI's STEI work program in 2023 and beyond.

SIBERC-STEI SEBI and Akademizi-IZI Issue Policy Bries Reputation Risk of  Islamic Philanthropy Institutions

SIBERC-STEI SEBI and Akademizi-IZI issued a policy brief entitled Reputation Risk in Islamic Philanthropic Institutions in Indonesia; Challenges and Management. This is done because philanthropic institutions need trust as a support, so there is a need to mitigate the risk of the institution's reputation.

"Islamic philanthropic institutions (LFI) in Indonesia have a strategic role in supporting programs to improve community welfare. So we compiled this policy brief so that LFI can carry out its role as a social safety net more optimally," said Sigit Pramono as Chairman of STEI SEBI and Nana Sudiana as Director of Academia who alternately gave explanations related to the Policy Brief at the Public Expose 'Indonesia Islamic Philanthropy Outlook 2023' at Park Hotel Jakarta, Wednesday (4/1/2023)

On the Public Expose agenda, Drs. H Tarmizi Tohor as Director of Zakat and Waqf Empowerment, Bimas Islam, Ministry of Islamic Religion of the Republic of Indonesia gave a Keynote Speech and then the opening of Wildan Dewayana Rosyada as President Director of LAZ IZI.

Chairman of STEI SEBI, Sigit Premono, PH. D, CA, CPA in a moderated presentation Ahmad Baehaqi as Director of Research SIBERC explained, this policy brief recommends 4 main points, including: 1. Strengthening LFI's good governance practices in an integrated manner as a form of actualization of Islamic moral values for an institution that prioritizes Islamic principles.2. Strengthening the coaching and supervision ecosystem by relevant authorities that are integral and not sectoral. 3. Preparation of comprehensive good governance regulations for LFI, while still realizing the importance of balancing the implementation of self-assessment and regulatory assessment on risk management. 4. Preparation of policies/SOPs related to reputation risk mitigation for LFI, including disclosure of public information, risk profile reports, evaluation reports on reputation risk handling submitted by management within the framework of anticipating systemic risks.

This Policy Brief received a positive response from various parties, Imam Teguh Sartono as Vice Chairman I of BWI expressed his agreement with the policy brief submitted. He also added some important points to consider. Among them are related to technology support, HR certification, and community supervision through independent institutions.

In addition, Nadratuzzaman Hosen, as the Head of BAZNAS RI also approved the recommendations in the policy brief with emphasis on the importance of synergy of zakat programs, waqf and other donations in an integrative manner. The same expression in Muhibuddin, as Head of the Sub-Directorate of Accreditation and Audit of the Zakat Institute, Directorate General of Bimas Islam, Ministry of Religious Affairs of the Republic of Indonesia. He also hopes that the recommendations in this policy brief will also pay more attention to the current conditions. So that it can be applicatively adopted immediately by the authorities.

STEI SEBI Held a Sharing Session with PT SUCOFINDO through the IYES Program

The SEBI College of Islamic Economics (STEI) held a Sharing Session through the Indonesia Young Entrepreneur Summit (IYES) program on Friday (12/23/2022) offline at the STEI SEBI meeting room on the 2nd floor. The Sharing Session presented speakers from PT Sucofindo, namely Mr. Nuri Hidayat, ST, M.S.M (Head of TJSL Unit of PT Sucofindo) with the theme "Strengthening MSEs through the TJSL (Environmental Social Responsibility) Program of PT Sucofindo" and moderated by Heri Setiawan, SE as IYES Project Manager and Owner of Es Pingu.

In his presentation, Mr. Nuri emphasized that being an entrepreneur must be tried, installing a clear intention. Unlike working with a clear salary, because business is not yet clear but entrepreneurs get rich faster. Then Mr. Nuri also said that 9 of the 10 doors of sustenance were in trading or buying and selling. Mr. Nuri directed IYES awardee students to always enjoy the process and be consistent with the path they chose to become an Entrepreneur, because in the IYES program his E is an Entrepreneur where he is expected to be present and grow in the community.

Mr. Nuri also explained the role and purpose of his position as Head of TJSL (Environmental Social Responsibility) towards strengthening MSEs through the TJSL program, namely to provide business assistance, PUMK (MSE Funding) which according to current rules and regulations collaborates with Bank Rakyat Indonesia (BRI) as the appointed bank to assess and disburse funds for assistance programs from SOEs. Currently, not all SOEs have done this, but next year, namely 2023, this regulation will be implemented simultaneously, said Mr. Nuri.

One of the fostered partners of PT Sucofindo is Inacraft whose business is currently growing in one way is to take part in exhibitions or exhibitions at national and international levels at JCC (Jakarta Convention Center). The capacity building training program that is usually carried out by PT Sucofindo for MSEs is Digital Marketing Training and Halal Certification which is given free of charge or grants to MSE actors.

Kak Heri as moderator has summarized several important points for IYES awardees who want to join as PT Sucofindo's fostered partners including submitting institutional proposals, proposed Cost Budget Plans, other administrative completeness and participating in various programs from PT Sucofindo.

Answering the question of how MSEs can become fostered partners of PT Sucofindo, "Capital is paired with coaching, after being given capital, we will build it, so that the capital does not just evaporate," explained Mr. Nuri.

He added, "The business must have been running for 6 months, and there is potential to grow, by making NIB (Business Identification Number) and a short proposal to be surveyed by the team from PT Sucofindo".

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