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The purpose of monetary policy is to affect the economic activity through various channels of monetary transmission. One of the transmission channels Is via Islamic banking through financing to various sector of the economy. The change of monetary instruments certainly affects economic sectors differently Given the dual monetary system (Islamic and conventional) in Indonesia, it is interesting to see how those rates influence each of the economic sectors. This is important for the government in designing future economic programs by determining the specific sectors which must be prioritized. This paper aims to investigate the sensitivity of the economic sectors in response to the change in the Islamic and conventional monetary rate. The paper relies on the unit root test, the co-integration test, and impulse response functions, focusing on the period from May 2006 to February 2011. The data used is from monthly economic sectors for Islamic and conventional systems, Islamic monetary rates, and conventional monetary rates. The results show that Islamic banks play important roles in the monetary transmission process in the Indonesian economy. In particular, specific economic sectors react differently to both Islamic monetary instruments as well as conventional monetary instruments.

Economic valuation approach CVM (contingent valuation method) can be used to determine the preferences of the respondents (the people) for natural resources by promoting the ability to pay (Wilingness to Pay) are expressed in terms of value for money, which directly asked to respondents by reviewer or researcher. It can be concluded that the three variables: age, education level and income level positively effect on the determination of WTP.The conclusion is reinforced by figures of determinant coefficient (R adj) of 64.7%. Which means that the models regression equation is quite appropriate for the independent variable and it can explain the dependent variable is at 64.7%, While the dependent variable explained by other variables that have not been covered in this equation is about 35,3%.The results obtained (the value of WTP=Rp 15.000) can be calculated by summing all of the 20 respondents were then divided by the number of respondents) .While the total benefit / revenue expected can be obtained by multipliying of the average WTP with the population in this a national park area. The location is in Serang city, Banten province. Banten province has population it is about 9.2 million, then the magnitude of potential benefit which can be obtained is about Rp 135.000 million. If the visitors expand then the potential benefit is greater. By using the Analysis of Hierarchy Process (AHP) can be obtained some priorities of sustainable tourism management as follows: first, the park should be managed by the government, secondly,it can be managed collaboratively between government and the private sector , thirdly, it can be managed by the private sector. Priority goal is focus on the achievement of environmental sustainability factors. Secondly, focus on providing economic benefits to local communities and the third is the park management cost as a last priorKeywords :analysis of hierarchy process, national park, economic valuation approach, government, privat

Cash waqf is one of the instruments of Islamic Economics that is being assessed his progress. This research aims to know the role of BadanWakaf Indonesia (BWI) as government of waqf institution and Tabung Wakaf Indonesia (TWI) as private waqf institution, in empowerment of (cash waqf) education, and by results of research to draw up a model empowerment of cash waqf in the field of education.The research method used was qualitative methods.Qualitative descriptive analysis is used to explain how the empowerment model cash waqf are integrated in the BWI and the TWI for the education quality empowerment. The results showed that the integration of BWI and TWI is carried out by the Division of tasks and functions, namely BWI focus more on socializing on the cash waqafand nadzirtraining, while the TWI more on empowering education for maukuf 'alaih peace both in the quantity as well as quality.

This paper investigates the association of religiosity and trust to community participation or volunteering in development. Social trust is measured in several indicators, is an important aspect of development process, since social trust related to many development outcomes, such as growth, democratic stability as well as subjective well- being. In economic terms, when people trust each other, transaction cost can be reduced, organization can perform better, government policy could stimulate output faster, and many more. Utilizing Indonesia Family Life Survey (IFLS) wave 2014 this study finds the following results. Firstly, social trust closely associated with individual characteristics. Maturity, better educational and income level improve individual trust and individual participation in community activities. Secondly, individual subjective report about religiosity strongly associated with willingness to participate in various community activities. Policy relevant with this finding it is important to promote tolerance and religiosity, as these aspects can improve social trust. Social trust closely associates with more participation in community activities for accumulating public services and public goods. As more public services and public goods are available, nationally better welfare can be promoted.