The SEBI School of Islamic Economics (STEI SEBI) in Depok held the 5th Research Insight event with the theme "How Does Salam Financing Affect Farmers' Income? A System Dynamics Approach" on Saturday (13/7/2024). The event featured Eka Nurhalimatus Sifa, S.E., M.S.M., an alumnus of STEI SEBI who has completed the Master of Science in Management (MSM) program at the School of Business and Management, Bandung Institute of Technology (SBM ITB) with an LPDP scholarship.
On this occasion, Eka shared tips and tricks on how to publish articles in international journals indexed by Scopus. Despite facing various requirements and a cum laude target in the scholarship, these challenges did not hinder her success. Her faith and the power of prayer she pursued helped her realize all her dreams, despite the various dynamics. During her studies, Eka successfully published 4 articles in international journals, including one indexed by Scopus Q2, and attended 2 International Conferences.
This agenda was attended by students and lecturers of the STEI SEBI academic community. In his remarks, Baehaqi expressed gratitude to the speakers and participants present. "Thank you, Eka, for being willing to be a resource person and share the content of the article and publication experience. Hopefully, this can motivate us all to continue to spread knowledge through writing and publications," explained Baehaqi, representing SIBERC as the organizer.
Eka then explained that her research aimed to simulate and compare the effect of two financing schemes, namely Salam and conventional financing, on farmers' cash flows as an alternative solution to capital problems. "As is known, farmers often have difficulty in terms of capital and access to financing. The majority of farmers (49.47%) claim that their biggest problem is the difficulty of obtaining financing," Eka explained.
The main findings show that the Salam scheme provides higher income with the potential to improve the welfare of farmers. Other findings also confirm that farmers cannot rely solely on rice fields and must seek other livelihoods to support their daily needs. "Therefore, Islamic schemes require fewer adjustments compared to conventional schemes to better meet the needs of farmers," she said.
At the end of her presentation, Eka expressed gratitude for the opportunity to be a resource person and hoped that this activity could continue regularly. "The author's hope is that this agenda can be more popular with all circles in the future," Eka hoped.