Bank Wakaf Mikro (BWM) Usaha Mandiri Sakinah merupakan BWM pertama berbasis universitas di Indonesia. Di bawah naungan Universitas Aisyiyah (UNISA) Yogyakarta, BWM ini fokus pada penyediaan akses pembiayaan dan pemberdayaan perempuan pelaku usaha kecil dan mikro. Kegiatan pemberdayaan tesebut terwujud melalui program pelatihan dan pendampingan. Tulisan ini merupakan hasil analisis terhadap etos gerakan BWM Usaha Mandiri Sakinah. Bagaimana pandangan Aisyiyah memengaruhi gerakan BWM Usaha Mandiri Sakinah? Bagaimana langkah BWM Usaha Mandiri Sakinah dalam mengupayakan pemberdayaan ekonomi perempuan? Sejauh apa dampak langkah tersebut bagi perempuan pelaku usaha kecil dan mikro? Tulisan ini berargumen bahwa BWM adalah salah satu alternatif yang dapat dilakukan untuk menyediakan akses bagi pengembangan ekonomi kecil dan mikro, serta berdampak bagi kemampuan produktif dan eksistensi perempuan dalam menentukan keputusan.
{"title":"Bank Wakaf Mikro Usaha Mandiri Sakinah: Pemberdayaan Ekonomi Perempuan Universitas Aisyiyah Yogyakarta","authors":"C. Dewanti, S. Supriyanto, M. E. Saputro","doi":"10.22515/JFIB.V3I2.2970","DOIUrl":"https://doi.org/10.22515/JFIB.V3I2.2970","url":null,"abstract":"Bank Wakaf Mikro (BWM) Usaha Mandiri Sakinah merupakan BWM pertama berbasis universitas di Indonesia. Di bawah naungan Universitas Aisyiyah (UNISA) Yogyakarta, BWM ini fokus pada penyediaan akses pembiayaan dan pemberdayaan perempuan pelaku usaha kecil dan mikro. Kegiatan pemberdayaan tesebut terwujud melalui program pelatihan dan pendampingan. Tulisan ini merupakan hasil analisis terhadap etos gerakan BWM Usaha Mandiri Sakinah. Bagaimana pandangan Aisyiyah memengaruhi gerakan BWM Usaha Mandiri Sakinah? Bagaimana langkah BWM Usaha Mandiri Sakinah dalam mengupayakan pemberdayaan ekonomi perempuan? Sejauh apa dampak langkah tersebut bagi perempuan pelaku usaha kecil dan mikro? Tulisan ini berargumen bahwa BWM adalah salah satu alternatif yang dapat dilakukan untuk menyediakan akses bagi pengembangan ekonomi kecil dan mikro, serta berdampak bagi kemampuan produktif dan eksistensi perempuan dalam menentukan keputusan.","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"28 10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90703502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACTThe implementation of the 5C principles in financial institutions is often not carried out optimally, one of the contributing factors is the existence of targets that must be achieved and the urgent needs of customers so that they take various ways so that their financing applications are accepted. So in this case the author conducted research on the analysis of the urgency of the 5C principle (character, capacity, capital, collateral, condition) in minimizing financing risk. The type of research used is field research using a qualitative approach, where the data collected is in the form of data from interviews, observations, and documentation. And the data analysis technique used is descriptive data analysis.The results of this study indicate that the 5C principle is very important in assessing the financing feasibility of a prospective customer because the 5C principle has an impact on the success of a financing. The implementation of the 5C principles has been carried out well but risks still exist, both risks originating from customers and unexpected risks. Keywords: 5C principle, financing risk.
{"title":"ANALISIS URGENSI PRINSIP 5C (CHARACTER, CAPACITY, CAPITAL, COLLATERAL, CONDITION) DALAM MEMINIMALISIR RISIKO PEMBIAYAAN (STUDI PADA BMT AS’ADIYAH SENGKANG)","authors":"Jumarni Jumarni, Lilis Sariani","doi":"10.30863/ibf.v1i1.3004","DOIUrl":"https://doi.org/10.30863/ibf.v1i1.3004","url":null,"abstract":"ABSTRACTThe implementation of the 5C principles in financial institutions is often not carried out optimally, one of the contributing factors is the existence of targets that must be achieved and the urgent needs of customers so that they take various ways so that their financing applications are accepted. So in this case the author conducted research on the analysis of the urgency of the 5C principle (character, capacity, capital, collateral, condition) in minimizing financing risk. The type of research used is field research using a qualitative approach, where the data collected is in the form of data from interviews, observations, and documentation. And the data analysis technique used is descriptive data analysis.The results of this study indicate that the 5C principle is very important in assessing the financing feasibility of a prospective customer because the 5C principle has an impact on the success of a financing. The implementation of the 5C principles has been carried out well but risks still exist, both risks originating from customers and unexpected risks. Keywords: 5C principle, financing risk.","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"96 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75991304","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACTThis study aims to determine the positive and significant effect of People's Business Credit (KUR) of PT Bank BRI Palakka Unit on increasing the income of Micro and Small Enterprises (UMK) in Watampone City. The population in this study were all customers who borrowed People's Business Credit (KUR) from PT Bank BRI Palakka Unit. Determination of the number of samples using the Slovin technique of 66 samples. Data were analyzed using simple regression. The results of the study concluded that People's Business Credit (KUR) had a positive and significant effect on increasing Micro and Small Business Income (UMK) in Watampone City. Based on the research findings, in this study the capital factor makes a major contribution in increasing business income, so it is hoped that related parties will facilitate capital for business actors.
摘要本研究旨在确定PT Bank BRI Palakka Unit的人民商业信贷(KUR)对watamone市微小企业(UMK)收入增加的正向显著效应。本研究中的人群均为从PT Bank BRI Palakka Unit借入人民商业信贷(KUR)的客户。用Slovin法测定66个样品的样品数量。数据采用简单回归分析。研究结果表明，人民商业信贷(KUR)对提高瓦坦蓬市小微企业收入(UMK)有显著的正向作用。根据研究结果，本研究中资本因素对企业收入的增加做出了主要贡献，因此希望相关方为企业行为者提供资本便利。
{"title":"PENGARUH PEMBERIAN KREDIT USAHA RAKYAT (KUR) PT BANK RAKYAT INDONESIA,TBK (PERSERO) UNIT PALAKKA TERHADAP PENINGKATAN PENDAPATAN EKONOMI USAHA MIKRO KECIL (UMK) DI KOTA WATAMPONE","authors":"M. Syam, Ria Musfira","doi":"10.30863/ibf.v1i1.3014","DOIUrl":"https://doi.org/10.30863/ibf.v1i1.3014","url":null,"abstract":"ABSTRACTThis study aims to determine the positive and significant effect of People's Business Credit (KUR) of PT Bank BRI Palakka Unit on increasing the income of Micro and Small Enterprises (UMK) in Watampone City. The population in this study were all customers who borrowed People's Business Credit (KUR) from PT Bank BRI Palakka Unit. Determination of the number of samples using the Slovin technique of 66 samples. Data were analyzed using simple regression. The results of the study concluded that People's Business Credit (KUR) had a positive and significant effect on increasing Micro and Small Business Income (UMK) in Watampone City. Based on the research findings, in this study the capital factor makes a major contribution in increasing business income, so it is hoped that related parties will facilitate capital for business actors.","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74936106","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract This research discusses aboutsettlement of non-performing financing using the restructuring method and the procedure for granting a restructuring policy for mudrabah contract financing provided by the bank of sulselbar to defaulted customers. The type of research conducted by the researcher is classified as qualitative descriptive with a phenomenological approach. The resources in the research are the leadership of the Islamic Bank Sulselbar along with the front liners as the credit analysis team. With data collection methods in the form of interviews, documentation and several institutional references. Data management and analysis techniques were carried out by in-depth interviews with informants. After doing the research, the writer made the results of the interview by playing back the interview recording and then rewriting the words that matched what was in the recording. After the researchers wrote the results of the interviews, the researchers then made data reduction by way of abstraction, namely taking data that was in accordance with the research context and ignoring data that were not needed. The results show that the problem financing settlement model at the Islamic Bank Sulselbar uses 3 stages, namely financing restructuring, subrogation or guarantor institutions as well as litigation and guarantee execution which are carried out persuasively to customers while still based on applicable regulations. With the procedure for providing a restructuring policy for mudharabah contract financing, it refers to BI regulations as the central bank and still follows the company operating standards (SOP) run by the Islamic Bank of South Sulawesi. Key words: Financing Restructuring, Mudharabah Agreement, BI and OJK
{"title":"MODEL PENYELESAIAN PEMBIAYAAN BERMASALAH DENGAN MENGGUNAKAN METODE RESTRUKTURISASI PEMBIAYAAN AKAD MUDHARABAH DI BANK SULSELBAR CABANG SYARIAH MAKASSAR","authors":"Cakra Cakra, Haslinda Haslinda","doi":"10.30863/ibf.v1i1.2998","DOIUrl":"https://doi.org/10.30863/ibf.v1i1.2998","url":null,"abstract":"Abstract This research discusses aboutsettlement of non-performing financing using the restructuring method and the procedure for granting a restructuring policy for mudrabah contract financing provided by the bank of sulselbar to defaulted customers. The type of research conducted by the researcher is classified as qualitative descriptive with a phenomenological approach. The resources in the research are the leadership of the Islamic Bank Sulselbar along with the front liners as the credit analysis team. With data collection methods in the form of interviews, documentation and several institutional references. Data management and analysis techniques were carried out by in-depth interviews with informants. After doing the research, the writer made the results of the interview by playing back the interview recording and then rewriting the words that matched what was in the recording. After the researchers wrote the results of the interviews, the researchers then made data reduction by way of abstraction, namely taking data that was in accordance with the research context and ignoring data that were not needed. The results show that the problem financing settlement model at the Islamic Bank Sulselbar uses 3 stages, namely financing restructuring, subrogation or guarantor institutions as well as litigation and guarantee execution which are carried out persuasively to customers while still based on applicable regulations. With the procedure for providing a restructuring policy for mudharabah contract financing, it refers to BI regulations as the central bank and still follows the company operating standards (SOP) run by the Islamic Bank of South Sulawesi. Key words: Financing Restructuring, Mudharabah Agreement, BI and OJK","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80714140","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this study was to determine how much influence participation (X) had on poverty alleviation (Y), in Bone Regency, South Sulawesi. This research is included in the explanatory research. It is said so, because this study connects 2 (two) variables, namely participation as the independent variable (X), and poverty alleviation as the dependent variable (Y). Furthermore, to determine the effect of participation (X) of Bugis Muslim entrepreneurs in Bone Regency, hypothesis testing was carried out by comparing the t table with t arithmetic (t test and F test). Based on the results of the study, it is known that the effect of participation on poverty alleviation is obtained by a tcount of3.516with a significance of 0.001. Thus, participation (X) has a significant effect on poverty alleviation (Y). Keywords: Participation, Bugis Muslim Entrepreneurs, Poverty
{"title":"PENGARUH PARTISIPASI PENGUSAHA MUSLIM BUGIS TERHADAP PENGENTASAN KEMISKINAN DI KABUPATEN BONE SULAWESI SELATAN","authors":"syamsul bahri","doi":"10.30863/ibf.v1i1.3009","DOIUrl":"https://doi.org/10.30863/ibf.v1i1.3009","url":null,"abstract":"The purpose of this study was to determine how much influence participation (X) had on poverty alleviation (Y), in Bone Regency, South Sulawesi. This research is included in the explanatory research. It is said so, because this study connects 2 (two) variables, namely participation as the independent variable (X), and poverty alleviation as the dependent variable (Y). Furthermore, to determine the effect of participation (X) of Bugis Muslim entrepreneurs in Bone Regency, hypothesis testing was carried out by comparing the t table with t arithmetic (t test and F test). Based on the results of the study, it is known that the effect of participation on poverty alleviation is obtained by a tcount of3.516with a significance of 0.001. Thus, participation (X) has a significant effect on poverty alleviation (Y). Keywords: Participation, Bugis Muslim Entrepreneurs, Poverty","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"84 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75907310","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to analyze the influence of halal label, product quality, and price on purchasing decisions with a case study at the Bread Boy Bakery Cake Shop in Banda Aceh. This research is quantitative research. The sample used was 100 respondents using a purposive sampling technique. The results of data processing carried out using the SPSS 22 program through the multiple linear regression analysis methods shows that the independent variables are halal labels, product quality, and price simultaneously or simultaneously have a positive and significant effect on purchasing decisions. While partially, the halal label variable does not have a positive and significant effect on purchasing decisions. While the product quality variable partially influences the purchasing decisions. The price variable has a positive and significant effect on purchasing decisions.
{"title":"The influence of Halal Label, Product Quality, and Price on Purchasing Decisions","authors":"Cut Tari Fadila, T. Farlian, A. Ramly","doi":"10.22515/JFIB.V3I1.2627","DOIUrl":"https://doi.org/10.22515/JFIB.V3I1.2627","url":null,"abstract":"This study aims to analyze the influence of halal label, product quality, and price on purchasing decisions with a case study at the Bread Boy Bakery Cake Shop in Banda Aceh. This research is quantitative research. The sample used was 100 respondents using a purposive sampling technique. The results of data processing carried out using the SPSS 22 program through the multiple linear regression analysis methods shows that the independent variables are halal labels, product quality, and price simultaneously or simultaneously have a positive and significant effect on purchasing decisions. While partially, the halal label variable does not have a positive and significant effect on purchasing decisions. While the product quality variable partially influences the purchasing decisions. The price variable has a positive and significant effect on purchasing decisions.","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83723326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In recent years, several prominent figures in Islamic Economics have called for a reform of the financial system from the concept of fiat money to return to the gold standard system (dinar dirham). The main reason for financial system reform is the perspective that fiat money is considered not resistant to inflation. However, the gold standard system is considered to have various weaknesses namely; physical size is relatively heavy, is not proven to be anti-inflation based on historical records, high production costs, inefficient utilization of production resources, only benefits certain groups, and is vulnerable to payment deficits. In theory, the problem of inflation is caused by the imbalance between supply and demand for money itself. If the money supply is greater than the demand, it will cause inflation. Conversely, if the money supply is less than the demand, then the economic activity will not be smooth. Therefore, this article believes that inflation is not due to the physical form of money (paper or gold ), but is caused by effective money supply and demand management. Therefore, government policies are needed including (a) deregulation of the banking system by nationalizing all banks, (b) playing an active role in intervening in the surge in prices of goods and services (c) promoting Ziswaf institutions.
{"title":"The Management of Fiat Money or Gold Standard in the Financial System","authors":"Lathif Lanafir Rifqi, Ana Zahrotun Nihayah","doi":"10.22515/JFIB.V3I1.2566","DOIUrl":"https://doi.org/10.22515/JFIB.V3I1.2566","url":null,"abstract":"In recent years, several prominent figures in Islamic Economics have called for a reform of the financial system from the concept of fiat money to return to the gold standard system (dinar dirham). The main reason for financial system reform is the perspective that fiat money is considered not resistant to inflation. However, the gold standard system is considered to have various weaknesses namely; physical size is relatively heavy, is not proven to be anti-inflation based on historical records, high production costs, inefficient utilization of production resources, only benefits certain groups, and is vulnerable to payment deficits. In theory, the problem of inflation is caused by the imbalance between supply and demand for money itself. If the money supply is greater than the demand, it will cause inflation. Conversely, if the money supply is less than the demand, then the economic activity will not be smooth. Therefore, this article believes that inflation is not due to the physical form of money (paper or gold ), but is caused by effective money supply and demand management. Therefore, government policies are needed including (a) deregulation of the banking system by nationalizing all banks, (b) playing an active role in intervening in the surge in prices of goods and services (c) promoting Ziswaf institutions.","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"102 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87733584","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Khairil Faizal Khairi, N. Laili, Aimi Fadzirul Kamarubahrin
This paper investigates the factors influencing Malaysian consumer intention toward takaful scheme for mental health disorders. An applied expanded Theory of Reasoned Action (TRA) model were used in the research and the variables of awareness, perception, attitude, subjective norm and intention toward a takaful scheme for mental health disorders were investigated. It is a pilot research carried out in Malaysia. The respondents are 60 Malaysian takaful consumers based on an online survey inside Klang Valley, Malaysia. This study reveals that the mean of attitude with the score of 4.27 is the highest score. The Pearson correlation is positive for both independent and dependent variables. Analysis of regression indicates a strong positive relationship between subjective norm and intention, thus suggesting that subjective norm is an important area to link to intention against mental health disorder takaful scheme. This is also proposed that future studies will concentrate on the factors that affect the willingness of consumers towards takaful mental health disorder schemes. It is hoped that the results of this study will serve as an informative reference for further development of takaful scheme for mental health disorder.
{"title":"Malaysian Consumer Intention toward Takaful Scheme for Mental Health Disorders","authors":"Khairil Faizal Khairi, N. Laili, Aimi Fadzirul Kamarubahrin","doi":"10.22515/JFIB.V3I1.2428","DOIUrl":"https://doi.org/10.22515/JFIB.V3I1.2428","url":null,"abstract":"This paper investigates the factors influencing Malaysian consumer intention toward takaful scheme for mental health disorders. An applied expanded Theory of Reasoned Action (TRA) model were used in the research and the variables of awareness, perception, attitude, subjective norm and intention toward a takaful scheme for mental health disorders were investigated. It is a pilot research carried out in Malaysia. The respondents are 60 Malaysian takaful consumers based on an online survey inside Klang Valley, Malaysia. This study reveals that the mean of attitude with the score of 4.27 is the highest score. The Pearson correlation is positive for both independent and dependent variables. Analysis of regression indicates a strong positive relationship between subjective norm and intention, thus suggesting that subjective norm is an important area to link to intention against mental health disorder takaful scheme. This is also proposed that future studies will concentrate on the factors that affect the willingness of consumers towards takaful mental health disorder schemes. It is hoped that the results of this study will serve as an informative reference for further development of takaful scheme for mental health disorder.","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"24 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84117281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rizki Ikha Riftiani, Diana Lestari, Kharis Fadlullah Hana
Sharia management is one of the essential roles to determine the success of an Islamic financial institution. The existence of good and supportive regulations, healthy competition, increasing promotion to achieve an extensive market target make Mutual Fund Investment Services Products begin to show significant developments. One of them is the implementation of sharia management in BSM KC Kudus. The results showed that the performance of sharia management in BSM KC Kudus, Islamic mutual fund products, was implemented following Islamic sharia principles. The results of the discussion about the implementation of sharia management, which includes: performance of sharia management planning functions, namely (human resources, finance, and marketing) the second is the implementation of sharia management organizational functions, namely (the structure that is not following the contract) the third is an implementation of sharia management in the briefing function (employee personality in relationship with Allah SWT and humans) and implementation of sharia management oversight function (individual piety and employee control).
{"title":"Implementation of Sharia Management in Islamic Mutual Fund Products","authors":"Rizki Ikha Riftiani, Diana Lestari, Kharis Fadlullah Hana","doi":"10.22515/JFIB.V3I1.2626","DOIUrl":"https://doi.org/10.22515/JFIB.V3I1.2626","url":null,"abstract":"Sharia management is one of the essential roles to determine the success of an Islamic financial institution. The existence of good and supportive regulations, healthy competition, increasing promotion to achieve an extensive market target make Mutual Fund Investment Services Products begin to show significant developments. One of them is the implementation of sharia management in BSM KC Kudus. The results showed that the performance of sharia management in BSM KC Kudus, Islamic mutual fund products, was implemented following Islamic sharia principles. The results of the discussion about the implementation of sharia management, which includes: performance of sharia management planning functions, namely (human resources, finance, and marketing) the second is the implementation of sharia management organizational functions, namely (the structure that is not following the contract) the third is an implementation of sharia management in the briefing function (employee personality in relationship with Allah SWT and humans) and implementation of sharia management oversight function (individual piety and employee control). ","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"69 1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85275933","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The implementation of sharia bank performance appraisal models has so far adopted the conventional banking model in terms of evaluating financial performance. Based on this phenomenon, the evaluation of sharia banking performance should use performance measurement based on the maqashid sharia method. The Maqashid Syariah Index (MSI) method has three main objectives, including tahzibal-fardi (educating people), iqamah al-‘adl (upholding justice), and jalbal-maslahah (public interest). The research is a quantitative descriptive study, to explain the maqashid syariah index ratio in analyzing the performance of sharia regional development banks in Indonesia. The sample used in the study using purposive sampling. The performance of sharia regional development banks based on the maqashid sharia index approach illustrates that sharia regional development banks in Indonesia in their implementation of sharia operations are more dominant in the goals of Iqmah al-Adl, meaning that regional development banks in Indonesia are more concentrated in terms of applying sharia principles. The sharia regional development bank in Indonesia that has achieved the best performance according to the Maqashid Syariah Index approach is the Aceh Syariah Bank.
{"title":"Implementation of the Maqashid Syariah Index Approach on the Performance of Sharia Regional Development Banks in Indonesia","authors":"M. Yusup, Dewi Sartika Nasution","doi":"10.22515/JFIB.V3I1.1952","DOIUrl":"https://doi.org/10.22515/JFIB.V3I1.1952","url":null,"abstract":"The implementation of sharia bank performance appraisal models has so far adopted the conventional banking model in terms of evaluating financial performance. Based on this phenomenon, the evaluation of sharia banking performance should use performance measurement based on the maqashid sharia method. The Maqashid Syariah Index (MSI) method has three main objectives, including tahzibal-fardi (educating people), iqamah al-‘adl (upholding justice), and jalbal-maslahah (public interest). The research is a quantitative descriptive study, to explain the maqashid syariah index ratio in analyzing the performance of sharia regional development banks in Indonesia. The sample used in the study using purposive sampling. The performance of sharia regional development banks based on the maqashid sharia index approach illustrates that sharia regional development banks in Indonesia in their implementation of sharia operations are more dominant in the goals of Iqmah al-Adl, meaning that regional development banks in Indonesia are more concentrated in terms of applying sharia principles. The sharia regional development bank in Indonesia that has achieved the best performance according to the Maqashid Syariah Index approach is the Aceh Syariah Bank. ","PeriodicalId":31275,"journal":{"name":"Journal of Islamic Banking and Finance","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74926501","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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