The Effect of Consumer Interest on Islamic Bank Deposits: An Analysis Using Google Trends

2018 ◽  
Author(s):  
Sopian Paturohman ◽  
Dwi Suhartanto ◽  
Muhammad Muflih
Keyword(s):  
Google Trends ◽  
Consumer Interest ◽  
Islamic Bank ◽  
Bank Deposits

scholarly journals How popular is Islamic finance in the USA? Findings from Google Trends

2019 ◽  
Vol 8 (3) ◽  
pp. 58-65
Author(s):  
Wesal M. Aldarabseh
Keyword(s):  
New York ◽  
New Jersey ◽  
Longitudinal Survey ◽  
Global Distribution ◽  
Google Trends ◽  
Islamic Finance ◽  
Us States ◽  
Islamic Bank ◽  
Search Terms ◽  
The Usa

Islamic finance is a growing industry with global distribution in all continents including Europe and America. The aim of the current study was to examine how popular is Islamic finance in the USA during the period 2014-2019 using Google Trends. In addition, the interest in Islamic finance across different US states was also investigated. Using “Islamic finance” and “Islamic bank” as search terms in Goggle Trends, the trend curve showed decreases in search volumes, suggesting a decline in the popularity of Islamic finance in the USA with years. Search volumes were detected in seven out of 50 states, suggesting low interest in Islamic finance in the majority of US states. The order of the popularity in the seven states was: Virginia > New York > New Jersey > Illinois > Texas > California > Pennsylvania > Georgia > Florida > Massachusetts. Longitudinal survey studies are needed to confirm the present findings.

scholarly journals Optimal Hajj Funds Management by Islamic Bank

ETIKONOMI ◽  
2019 ◽  
Vol 18 (2) ◽  
pp. 303-314
Author(s):  
Ariani Dian Pratiwi ◽  
Idqan Fahmi ◽  
Rifki Ismal
Keyword(s):  
Optimization Theory ◽  
Optimal Portfolio ◽  
Expected Returns ◽  
Islamic Banks ◽  
Islamic Bank ◽  
Bank Deposits ◽  
Optimal Portfolio Selection ◽  
Funds Management ◽  
Mean Variance Portfolio ◽  
Mean Variance

The purpose of this paper is to find the optimal portfolio of Hajj fund management by the Islamic banks in Indonesia. BPKH, as an authority, can place the Hajj fund on Islamic bank deposits. However, Islamic banks limited the expected returns and risks set by BPKH so that the appropriate strategy is required to establish the optimal of portfolio. Islamic banks face a trade-off because of the increased level of risk constrains the intention to get higher returns. This study uses a mean-variance portfolio optimization theory to construct such an optimal portfolio. Finally, this study recommends Murabaha financing and SBIS to Islamic banks as the optimal portfolio selection. The combination of an efficient portfolio that has formed cannot be fully employed because the expectation limits them. However, Islamic banks can still select the optimal portfolio combination according to their risk preferences.JEL Classification: G11, G18

scholarly journals Perilaku Konsumsi Upaya Meningkatkan Potensi Produk Deposito di Bank Syariah

Intizar ◽  
2016 ◽  
Vol 22 (2) ◽  
pp. 333
Author(s):  
Tri Mulanto
Keyword(s):  
Literature Review ◽  
Product Development ◽  
Market Share ◽  
Private Consumption ◽  
Third Party ◽  
Islamic Banks ◽  
Islamic Bank ◽  
Bank Deposits ◽  
Bank Financing ◽  
Product Accumulation

Perbankan syari’ah saat ini telah memiliki payung hukum yang kuat dengan hadirnya undang-undang nomor 21 tahun 2008 tentang perbankan syari’ah. Hal ini sangat berpengaruh terhadap eksistensi dari perbankan syari’ah yang semakin diminati oleh banyak kalangan.Bank syari’ah membutuhkan dana dalam menjalankan produk pembiayaannya. Deposito merupakan salah satu produk penghimpunan di bank syariah. Deposito di bank syariah terus mengalami pertumbuhan. Walaupun demikian bank syariah tetap harus meningkatkan produk deposito, untuk mencapai market share 5 persen. Untuk meningkatkan volume deposito bank syariah perlu memahami bentuk perilaku konsumsi masyarakat. Dari data yang ada kontribusi dana pihak ketiga bank syariah diberikan oleh produk deposito sebesar 71,15 persen.Penulisan ini menggunakan jenis deskriptif kualitatif, Batasan dalam tulisan ini difokuskan pada produk deposito di bank syari’ah perilaku konsumen.Tulisan ini menggunakan studi pustaka kajian dari berbagai sumber. Hasil dari tulisan ini bahwa deposito di bank syariah terus mengalami perkembangan, pada tahun 2015 pertumbuhan deposito di bank syariah mencapai 4,12 persen. Perilaku konsumsi memiliki banyak faktor dan bisa memberi pengaruh terhadap peningkatan produk deposito di bank syariah. Sehingga bank syariah perlu memahami perilaku konsumsi masyarakat dalam upaya meningkatkan potensi pengembangan produk deposito di bank syariah.potensi pengembangan produk pembiayaan mudharabah di bank syari’ah masih sangat besar.Potensi pengembangan produk deposito masih sangat besar dan sangat luas.Bank of Shariah now has a solid legal with the presence of the law number 21 in 2008 about Bank of Shariah.  This adversely affects the existence of the Shari'ah Bank that increasingly catches interest many people. Bank of Shari'ah requires funds in running financing products. Deposits are ones’ product accumulation in Islamic banks. Deposits in Islamic banks continued to grow. Nevertheless, Islamic banks still have to increase deposit products, to achieve a 5 percent market share. To increase the volume of deposits of Islamic banks need to understand the behaviors of consumption. From the available data the contribution of third party funds provided by the Islamic banks deposits amounted to 71.15 persen. This study uses a descriptive qualitative limitation. This paper is focused on products in Consumers Islamic bank deposits. This study uses literature review of various sources. The results of this paper that the deposits in Islamic banks continued to experienced growth, in 2015 the growth of deposits in Islamic banks reaches 4.12 percent. Consumer behavior has many factors and can give effect to an increase in deposit products in Islamic banks. So that Islamic banks need to understand the behavior of private consumption in order to increase the potential for product development of deposits in Bank of Shariah. The advantage of product development in Islamic bank financing is still enormous. The advantage of deposit product development is still very large and very spacious.

scholarly journals DETERMINAN PERTUMBUHAN DANA PIHAK KETIGA PADA BANK UMUM SYARIAH DI INDONESIA

2020 ◽  
Vol 7 (9) ◽  
pp. 1684
Author(s):  
Aura Dimar Sontani ◽  
Dian Filianti
Keyword(s):  
Economic Growth ◽  
Commercial Bank ◽  
Commercial Banks ◽  
Profit Sharing ◽  
Third Party ◽  
Percentage Increase ◽  
Purposive Sampling ◽  
Islamic Bank ◽  
Bank Deposits ◽  
Internal And External Factors

ABSTRAKPenghimpunan Dana Pihak ketiga selalu mengalami peningkatan. Seperti pada tahun 2016 terjadi kenaikan sebesar 18%. Meskipun terjadi kenaikan setiap tahun tetapi persentasi kenaikan semakin menurun. Untuk meningkatkan penghimpunan dana pihak ketiga oleh bank maka perlu diketahui faktor-faktor yang dapat mempengaruhi pertumbuhan dana pihak ketiga. Penelitian ini memiliki tujuan untuk mengatahui faktor internal dan faktor ekternal dari Bank Umum Syariah yang memberikan pengaruh terhadap Dana Pihak Ketiga Bank Umum syariah di Indonesia baik secara parsial maupun simultan. Faktor yang diduga memiliki pengaruh terhadap Dana Pihak Ketiga diantaranya : Pertumbuhan Ekonomi, Inflasi, dan Tingkat Bagi Hasil dan Bonus. Metode yang digunakan dalam penelitian ini adalah metode kuantitatif,Populasinya adalah Bank Umum Syariah di indonesia dengan pemilihan sampel dilakukan dengan menggunakan purposive sampling sehingga terdapat delapan (8) bank umum syariah yang memenuhi kriteria yang ditentukan. Teknik analisis menggunakan regresi data panel. Hasil yang diperoleh adalah pertumbuhan ekonomi dan inflasi secara parsial tidak berpengaruh signifikan terhadap DPK bank umum syariah. Sedangkan tingkat bagi hasil dan bonus memiliki pengaruh signifikan terhadap DPK bank umum syariah. Secara simultan Pertumbuhan ekonomi, Inflasi, dan Tingkat Bagi Hasil dan Bonus berpengaruh signifikan terhadap DPK bank umum syariah.Kata Kunci: Pertumbuhan Ekonomi, Inflasi, Tingkat Bagi Hasil dan Bonus, Dana Pihak Ketiga ABSTRACTThe collection of third party funds is always increasing. Like in 2016 there was an increase of 18%. Although there is an increase every year, the percentage increase increases. To increase the collection of third party funds by banks, it is necessary to know the factors that can influence the growth of third party funds. This study aims to determine the internal and external factors of Sharia Commercial Banks that affect Sharia Commercial Bank Third Party Funds in Indonesia, both partially and simultaneously. Factors suspected of having an influence on Third Party Funds include Economic Growth, Inflation, and Stock and Bonus Levels. The method used in this study is a quantitative method, the population is a Sharia Commercial Bank in Indonesia by selecting a sample using purposive sampling so that there are eight (8) sharia commercial banks that meet the specified criteria. Technical analysis uses panel data regression. The results obtained are economic growth and inflation partially do not significantly influence the DPK of Islamic commercial banks. While the level of profit sharing and bonuses have a significant effect on Islamic bank deposits. Simultaneously economic growth, inflation, and the level of profit sharing and bonuses have a significant effect on Islamic bank deposits.Keywords: Economic Growth, Inflation, Profit Sharing and Bonuses, Third Party Funds

scholarly journals BANK SPECIFIC AND MACROECONOMIC FACTORS INFLUENCING ISLAMIC BANKS DEPOSITS

2021 ◽  
Vol 6 (No.2) ◽  
pp. 37-57
Author(s):  
Sazana Ab Rahman ◽  
Nor Hayati Ahmad ◽  
Noraziah Che Arshad
Keyword(s):  
Banking System ◽  
Secondary Data ◽  
Capital Adequacy ◽  
Policy Implications ◽  
Annual Reports ◽  
Islamic Banks ◽  
Business Enterprise ◽  
Macroeconomic Factors ◽  
Islamic Bank ◽  
Bank Deposits

Deposits are like the bloodline for banks as they determine banks' lending capacity and a country's economic savings. However, the existence of a dual banking system poses a challenge to Malaysian Islamic banks competing for deposits. Despite this problem, few investigations were done to comprehensively identify the factors that could help banks attract deposits, particularly for Islamic banks. The purpose of this paper is to fill this gap on deposits of 16 Islamic banks in Malaysia. Secondary data from the bank's annual reports and the Department of Statistics of Malaysia from 2015 to 2019 were analyzed, comprising Islamic Bank Deposits and seven predictors in an empirical model using STATA. The result shows a strong model fit with 92% R squared value that Return on Assets, bank concentration, and Business Enterprise Depositor affect Islamic Bank Deposits positively and significantly while Capital Adequacy Ratio showed negative and significant influence on the deposits. These factors are strongly effective to deposits, significant at 1% level. In contrast, Financing Deposit Ratio and Gross Domestic Product do not significantly influence Islamic deposits. Contrary to economic theory, this study found that an increase in inflation encourages customers to increase their saving deposits in Malaysian Islamic banks. The findings from this study are unique to Malaysian Islamic banks. They indicate important policy implications for Islamic banks practitioners, namely, to increase their focus on business enterprise customers, improve bank's market share and profitability in order to increase deposits while taking advantage of high inflationary period to attract more depositors.

ALTERNATIF PERHITUNGAN RETURN SHAHIBUL MAL PADA SKEMA MUDHARABAH BANK SYARIAH

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Refky Fielnanda
Keyword(s):  
Rapid Development ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Theoretical Level ◽  
Method Of Calculation ◽  
Islamic Bank ◽  
Representative Office ◽  
Operational Practices ◽  
Computerized System ◽  
Practical Level

Abstract: The rapid development of the number of islamic banks should be balanced with the availability of infrastructure to carry out daily operational practices. The operational tools include hardware as like as representative office, computerized system, reliable human resources and software as like as method, culture and financial and islamic banking knowledge. In terms of development of Islamic finance is the paper "Alternative Calculation of Return Shahibul Mal on Mudharabah Scheme on Bank Syariah" was written. During this calculation of return shahibul mal has not been standardized in a formula, thus causing two serious effects. First, in the theoretical level, the formula has not yet created a difficulty. Secondly, in practical level, the formula is not impressive enough to recalculate the complexity of return calculations obtained by shahibul mall, causing laziness of the community using the services of islamic bank. This paper using mathematical and arithmetic equations with the help of modeling made by the author to refine and improve the method of calculation that has been available. The purpose of this paper is to create a standard formula that facilitates the calculation of return earned by a shahibul mal in a mudaraba scheme in a islamic bank.  

TINJAUAN HUKUM FIKIH TERHADAP HADIAH TABUNGAN DAN GIRO DARI BANK SYARI'AH

ALQALAM ◽  
2013 ◽  
Vol 30 (1) ◽  
pp. 1
Author(s):  
Muhammad Nadratuzzaman Hosen ◽  
Deden Misbahudin Muayyad
Keyword(s):  
Islamic Law ◽  
Islamic Banks ◽  
Islamic Bank ◽  
Literature Reviews ◽  
The Gift ◽  
The Status ◽  
The Law

This article explains about the Islamic law of gift from Bank to customers related to saving and gyro accounts of Islamic Bank. The Islamic Banks give gift directly  and  indirectly  to  new  ettstomers  and  old  customers  through drawing  (qur'ah) or lottery and non-drawing. There are disputes (ikhtilaf) among Islamic Law  Experts (Fuqaha’) about the status of law when Islamic Banks give the gift. Hanafi and  Syafi'i  Schools  of thought  opined  that  the gift  can  be given  to  the customers as long as there is no agreement between bank and costomers meanwhile the banks still have a debt to consumers, this is permissible. Maliki and Hanbali schools opined that the gift is not permissible during the time of borrowing and lending. Majority Islamic Exsperts allow to give gift after banks have already paid­ back the debt to consumers as long as there is no agreement between bank and cusiomers, but Maliki School do not allow lo give gift at that condition. Also, for giving gift should free from gambling or elements of gambling (muqamarah).  The method of this article is using literature reviews from classical Islamic Law's books and contemporary Islamic law's books related to drawing or lottery and gambling, meanwhile the aims if this mticle are to investigate the law status if gift from bank to new customers and old customers with direct and indirect ways.   Keywords : gift, saving and gyro accounts, disputes, drawing and elements of gambling

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