scholarly journals THE PROFIT SHARING IMPLEMENTATION FOR FINANCING IN INDONESIAN ISLAMIC BANKING

2018 ◽  
Vol 1 (1) ◽  
pp. 32
Author(s):  
Aidha Trisanty
Keyword(s):  
Banking System ◽  
Profit Sharing ◽  
Islamic Banking ◽  
Real Sector ◽  
Mutual Help ◽  
Non Profit ◽  
The Real

One of the characteristics of Islamic banking is using the concept of profit sharing. This characteristic distinguishes the operation of Islamic banking with conventional banking. In applying the concept of profit sharing, most of the activities of Islamic banking especially in the distribution of funds or financing are dominated by the profit sharing agreement. However, financing in the Islamic banking today mostly is dominated by features that use nonprofit-sharing agreement such as murabahah. This paper examines why financing non-profit-sharing still dominates the realization of financing of Islamic banking in Indonesia, and what solutions can do to increase the financing based on profit sharing concept. The paper is consistent with the objectives stated in the blueprint for the development of Islamic banking in Indonesia, which states that the vision will achieve ten years. They are to establish Islamic banking system that is competitive, efficient, which meets the prudential principle, and to support the real sector through profit sharing financing and real transactions in the context of fairness, mutual help, and for betterment to achieve the mutual benefits for the society.

scholarly journals Peranan Al-Mudharabah Sebagai Salah Satu Produk Perbankan Syariah Dalam Upaya Mengentaskan Kemiskinan Di Indonesia

2012 ◽  
Vol 8 (2) ◽  
Author(s):  
Dwi Agung Nugroho Arianto
Keyword(s):  
Economic Growth ◽  
Basic Principle ◽  
Small And Medium Enterprises ◽  
Profit Sharing ◽  
Islamic Banking ◽  
Real Sector ◽  
Islamic Banks ◽  
Small Community ◽  
The Real ◽  
Medium Enterprises

One of the fight against poverty can be done by expanding access to Micro, Small and Medium Enterprises (UMKM) in obtaining such capital facilities through Islamic banking. Based on the basic principle of its products, Islamic banks have the financing to the principle of profit sharing, which developed the product mudharabah. This financing is productive because the capital invested for the supply of labor so as to empower the economy through small community of Micro, Small and Medium Enterprises (UMKM). By developing micro, small and medium enterprises it will help create jobs and economic growth in the real sector, thus keeping down unemployment and poverty in Indonesia.

scholarly journals Eksistensi Perbankan Syariah Melalui Dominasi Pembiayaan Profit And Loss Sharing

2021 ◽  
Vol 2 (1) ◽  
pp. 29-41
Author(s):  
Trimulato Trimulato
Keyword(s):  
Profit Sharing ◽  
Real Sector ◽  
Islamic Banks ◽  
Non Profit ◽  
The Real ◽  
Islamic Bank ◽  
Bank Financing ◽  
Qualitative Descriptive ◽  
Conventional And Islamic Banks

The beginning of the presence of the first Islamic bank in Indonesia was known as a bank with a profit and loss sharing concept. But in reality, profit and loss sharing financing is no longer dominant in Islamic banks, because non-profit sharing financing is more dominant, especially financing with the buying and selling model. The purpose of this research is to determine the development of financing in Islamic banks, as well as to determine the need to dominate profit-sharing financing in Islamic banks. This research is a qualitative descriptive which shows the development of Islamic bank financing products and the need to restore the concept of profit and loss sharing to be dominant in Islamic banks. The results of this study indicate that the growth of period financing is quite good. Then there are three reasons for the need to dominate profit and loss sharing financing in Islamic banks, namely restoring the identity of the Islamic bank as a profit-sharing bank, being the main differentiator between conventional and Islamic banks, and the opportunity to grow the real sector with greater income.

scholarly journals The Future of Banking System and Economic Development in Nigeria

2015 ◽  
Vol 20 (1) ◽  
Author(s):  
Olu Ajakaiye ◽  
M. Adetunji Babatunde
Keyword(s):  
Economic Development ◽  
Business Model ◽  
Commercial Banks ◽  
Banking System ◽  
Bank Lending ◽  
Real Sector ◽  
The Real ◽  
Access To Credit ◽  
The Future ◽  
Banking Business

This study examined the future of banking system and economic development in Nigeria in the context of the demand following hypothesis. Although, the Nigerian economy has witnessed steady growth, the productive base of the economy is narrow. This therefore requires that banks must engage in an effective financial intermediation process to aid the transformation of the real sector as an engine of growth. However, while the deposits mobilized and assets base of the commercial banks has increased in leap and bounds, the real sector access to credit is on the decline. Rather, the bulk of the funds are invested on government short term securities given their risk free characteristics which reflect the lazy bank syndrome. Prohibitively high cost of credit and existence of hidden charges also inhibit real sector access to commercial banks loan. Hence, to reconnect the banking system with the real sector, there is a need to discourage armchair banking business model and encourage supportive banking business model, lending and secure appropriate maturity profile of loans to the real sectors, promote modified collateral bank lending model, and encourage specialization of bank branches. These are expected to aid the growth of the real sector and fast track the process of economic development in Nigeria.

scholarly journals Islamic Monetary Instruments Contribution to Economic Growth: Literature Study

2021 ◽  
Vol 22 (2) ◽  
pp. 42-51
Author(s):  
Juliana Nasution ◽  
Andri Soemitra ◽  
Rifki Ismal ◽  
Amin Al Jawi ◽  
M.Indra Mulia Nasution ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Justice ◽  
Qualitative Approach ◽  
Islamic Banking ◽  
Real Sector ◽  
Literature Study ◽  
Equitable Distribution ◽  
Business World ◽  
The Real ◽  
Distribution Of Income

In Islamic economics, the monetary sector and the real sector must be able to go side by side. Even the monetary sector must follow developments for the real sector. The goal of Islamic economics is the creation of economic justice through equitable distribution of income, one of which is seen from the growth of the real sector, which is a representation of the level of productivity and welfare of the community. This is directly related to the business world. Therefore, when the level of community productivity increases, it will aggregately affect economic growth. On the other hand, one of the monetary instruments in Islamic economics is Islamic banking. This means that the increasing performance of Islamic banking must be in line with the increase of the real sector. The purpose of this study is to analyze the contribution of increasing Islamic banking performance to economic growth through a literature study related to a qualitative approach, where the collected literature is analyzed by content analysis and the data is triangulated to make a conclusion. The findings of this study indicate that Islamic monetary instruments in the Islamic banking case contribute to economic growth through an increase from the real sector

scholarly journals AKAD MUSYARAKAH MUTANAQISAH DALAM SISTEM PERBANKAN SYARIAH

2018 ◽  
Vol 12 (2) ◽  
pp. 321-338
Author(s):  
Muhammad Anwar Zainuddin
Keyword(s):  
Banking System ◽  
Profit Sharing ◽  
Alternative Solution ◽  
Islamic Banking ◽  
Human Being ◽  
Economic Potential ◽  
Operational System ◽  
Basic Rights ◽  
Islamic Institutions

The need for house is one of the primary needs for every human being and basic rights for humans. The financing of musyarakah mutanaqisah in the Islamic banking system is one of the bank's involvement in the provision of housing loans. Financing musyarakah syirkatul milk is the combination of capital from two or more people to finance a project / business, profits will be divided based on the proportion of capital; whereas if there is a loss it will be borne together according to the agreement contained in the contract / contract agreement. Islamic banking has obtained formal juridical legitimacy that strengthens sharia principles as a principle that underlies the operational system of profit-sharing banking activities. This is a concrete manifestation of the objective conditions of the Islamic community's need for Islamic institutions, which is believed to be an alternative solution for efforts to optimize the economic potential of the community.

scholarly journals PERSEPSI MASYARAKAT TERHADAP PERBANKAN SYARIAH DI KABUPATEN SUMENEP

2020 ◽  
Vol 10 (1) ◽  
pp. 77-92
Author(s):  
Bambang Hermanto ◽  
Syahril Syahril
Keyword(s):  
Financial Institution ◽  
Banking System ◽  
Well Being ◽  
Profit Sharing ◽  
Public Perceptions ◽  
Islamic Banking ◽  
Religious Leaders ◽  
Market Demand ◽  
Free System ◽  
Purposive Selection

Research on Community Perceptions of Sharia Banking in Sumenep Regency. Islamic banking implements an interest-free system that aims to create justice, social and economic well-being and protect people's property rights. The purpose of this study is to determine public perceptions of Islamic banking in Sumenep district, with qualitative research methods by describing systematically, factually and accurately about people's perceptions of Islamic banking, by observing, interviewing directly and in depth and documenting it. Whereas the key informants of religious leaders / community leaders who will be interviewed in this study use the method of purposive selection. Sharia Banking in Sumenep Regency is a bank that operates not relying on interest but on the basis of profit sharing in accordance with Islamic Sharia. Sharia Bank is a form of market demand that requires a financial institution with a halal banking system and complies with sharia principles even though it has not been said to be 100% sharia or kaffa.

scholarly journals Pengaruh Financing to Deposit Ratio (FDR) dan Non-Performing Financing (NPF) terhadap Bagi Hasil Deposito Mudharabah pada Bank Syariah Mandiri

2018 ◽  
Vol 8 (1) ◽  
pp. 98
Author(s):  
Achmad Agus Yasin Fadli
Keyword(s):  
Significant Influence ◽  
Linear Regression Analysis ◽  
Banking System ◽  
Multiple Linear Regression Analysis ◽  
Profit Sharing ◽  
Positive Influence ◽  
Coefficient Of Determination ◽  
Islamic Banking ◽  
Negative Effect ◽  
Banking Institutions

<em>Along with the development of sharia banking institutions in Indonesia, the more types of services provided by these Islamic banking institutions. This study focuses on internal factors, such as Financing to Deposit Ratio (FDR) and Non-Performing Financing (NPF), because of the presumption that these factors have the most significant influence on profit-sharing that exist in the Islamic banking system. This study aims to determine the effects of Financing to Deposit Ratio (FDR) and Non-Performing Financing (NPF) variables on Mudharabah Deposits of PT Bank Syariah Mandiri, both partially and simultaneously for the 2011-2017 period. The sample used in this study is PT Bank Syariah Mandiri in Indonesia by using multiple linear regression analysis which is processed using SPSS (Statistical Product Services and Solutions) software version 24. The results of this study state that FDR has a negative effect on profit sharing of Mudharabah Deposits, while NPF has a positive influence on the profit sharing of Mudharabah Deposits. These results also indicate that simultaneously the Financing to Deposit Ratio (FDR) and Non-Performing Financing (NPF) variables have a significant influence on the profit sharing of PT Bank Syariah Mandiri Mudharabah Deposits for the period 2011-2017. This is supported by the results of the coefficient of determination. The coefficient is 0.673 or 67.3% of profit sharing of the Mudharabah Deposits are influenced by the FDR and NPF variables, and the remaining 32.7% is influenced by other variables not used in this research model.</em>

scholarly journals DILEMA SKIM MURÂBAHAH PADA PERBANKAN SYARIAH

2011 ◽  
Vol 35 (2) ◽  
Author(s):  
Syukri Iska
Keyword(s):  
Banking System ◽  
Specific Reference ◽  
Islamic Banking ◽  
Conventional System ◽  
The Real ◽  
Islamic Jurisprudence ◽  
Islamic Countries ◽  
Economic Transaction

<p>Abstrak: Kesemarakan pertumbuhan perbankan syariah terutama di negara- negara Muslim pada beberapa dekade terakhir tidak dapat dipungkiri. Namun di balik pertumbuhan tersebut bank syariah sering dikritik hanya sekadar ganti “baju” dengan klaim bahwa bank ini mengambil beberapa konsep dari dari bank konvensional kemudian menggantikannya dengan idiom-idiom yang ada pada fiqih muâmalah. Tulisan ini memaparkan penjelasan terhadap pertanyaan tentang keberadaan bank syariah dengan merujuk pada skimmurâbahah, bagaimana perasaan dan perbedaan antara kedua sistem Islam dan konvensional, serta implikasi sistem perbankan Islam dalam transaksi ekonomi yang menyeluruh. Penulis berargumen bahwa kendati skimmurâbahah bukan merupakan instrumen ideal untuk mencapai tujuan riil ekonomi Islam, skimmurâbahah ini ternyata mengandung banyak persoalan, terutama kalau dilihat dalam perspektif syariah secara puristik ataupun menurut paradigma tentang bank.</p><p><br />Abstract: The Dilemma of Murabahah Skim in Shari‘a Banks. The flourishing development of Shari‘a Banks especially in Islamic countries for the last few decades are undeniable. However, despite such tremendous development it has often been criticized for being only changing suit claiming that it has taken some conventional system concepts which are then modified in acoordance with idioms found in Islamic jurisprudence discourse. This paper then sheds some lights on some questions of the existence of Shari‘a Banks with specific reference to murâbahah skim, how the two system similar to or different from each other, as well as the implication of the Islamic banking system in the general economic transaction. The author argues that although the murâbahah skim is not an ideal instrument in achieving the real objective of Islamic economy, its domination as an important skim, however, seems to be in dilemmatic position between the pragmatic demands of the need of pure Shari‘a laws as a genuine reference and the role of banks should fulfil.</p><p><br />Kata Kunci: perbankan syariah,murâbahah, ekonomi Islam</p>

scholarly journals The Principal of Risk and Profit Sharing in Islamic Banking

2018 ◽  
Vol 3 (2) ◽  
pp. 253-270
Author(s):  
Eka Supriatiningsih
Keyword(s):  
Current Account ◽  
Foreign Currency ◽  
Banking System ◽  
Profit Sharing ◽  
Islamic Banking ◽  
Careful Study ◽  
Time Deposits ◽  
Development Goals ◽  
Conventional Banks ◽  
Operational Constraints

The role of banking that is very strategic in achieving Indonesia's economic development goals recently, requires a careful study of banking concepts that have been operationalized, both conceptually and their applications, so as to create a strong banking system in the era of globalization in the future. The existence of Islamic banks in Indonesia has not been fully accepted, there are still some people who equate with conventional banks. Based on the background of the problem above, which is the identification of the problem in this paper, namely: 1) What is the application of the principle of sharing the results and risks in fundraising activities in Islamic banking? 2) What are the operational constraints faced in implementing profit sharing and risk principles in Islamic Banking?. Based on the discussion above, conclusions can be drawn, as follows: 1) The implementation of fundraising using the profit sharing principle in Islamic Banking is carried out using the principles of Wadiah and Mudharabah. The Wadiah principle uses the Wadiah Current Account using products such as: Singapore BSM Dollar Current Account, BSM Current Account, BSM Currency Current Account, BSM Ouro Current Account, Bank Muamalat Wadiah Deposit Account in Rupiah and Foreign Currency, personal and corporate, and Wadiah Savings Account using products like: Junior Community Savings which is a special savings for students, Simpatik Savings, BSM Dollar Savings. While the mudharabah principle uses the Tabungan Mudharabah contract using products such as: Mudharabah Savings Accounts are Hajj Savings, Investa Scholar Savings, Qurban Savings and Savings Cards and time deposits for mudharabah use products such as: Bank Syariah Mandiri Savings, BSM Foreign Currency Deposits and Mudharabah deposits. In calculating profit sharing only in Mudharabah principles, the wadiah principle is only a bonus given to the bank's willingness. The pattern of calculation for results is to use the principle of profit sharing, which means that the results are calculated from the total income of the fund management and the amount of profit sharing depends on the initial agreement, 2) There are a number of operational constraints faced by Sharia Banking in financing Financing Results such as limited human resources, Islamic Banking management, limited Office Networks, and still weak government regulations on Islamic Banking.

Methodological Approach to Assessing the Investment Attractiveness of the Industry for the Banking Sector

2019 ◽  
Vol 26 (12) ◽  
pp. 52-60 ◽  
Author(s):  
A. V. Larionov
Keyword(s):  
Banking Sector ◽  
Public Investment ◽  
Methodological Approach ◽  
Banking System ◽  
The State ◽  
Bank Loans ◽  
Real Sector ◽  
Theoretical Concepts ◽  
Factors Affecting ◽  
The Real

This paper presents selected results of the study on improving information and methodological tools to increase the effectiveness of entrepreneur’s and state investment policy. Final result of this study - is developing guidelines for calculating the coefficient of investment attractiveness of the banking industry based on the physical theory of heat transfer. Classification of industries according to the degree of investment attractiveness allows to select the industries that will receive the least amount of resources from private investors. The least attractive sectors will be able to obtain public investment resources. For sectors with high investment attractiveness, public funds will only supplement the flow of free liquidity from the banking sector. The lack of liquidity in the real sector is compensated by attracting private funds, a significant share of which is in the banking sector. The real sector could also get the state investments. In this regard, it is important for the state and the banking sector to assess the industries from the position of the possibility of returning the funds, as well as obtaining additional income. The study presents guidelines for calculating the coefficient of investment attractiveness of the industry for the banking sector. The indicator takes into account both the distribution of bank loans in the economy by industry, and the expected profitability of lending, affecting the bank’s decision to issue a loan. Based on the analysis of theoretical concepts, it was demonstrated that the liquidity of the banking sector can be redistributed ≪freely≫ (due to market mechanisms) and ≪involuntarily≫ (through the implementation of state policy related to the direction of funds in certain sectors where there is a lack of resources). The study considers a methodological approach to the assessment of factors affecting the distribution of liquidity of the banking system in the real sector of the economy. The considered approach takes into account behavioral aspects of decision-making in the banking system.

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