scholarly journals Analisis Produktivitas Perbankan Syariah di Indonesia dalam Mengelola Dana Sosial

2018 ◽  
Vol 8 (1) ◽  
pp. 74 ◽  
Author(s):  
Ramadhan Rizky Putra ◽  
Sekarsukma Syifadhiya ◽  
Sekar Aji Widyastiti ◽  
Zulfikar Bagus Pambuko
Keyword(s):  
Data Analysis ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Islamic Banks ◽  
The Law ◽  
Input Variables ◽  
Almost All

<p>Under the Law Number 21 of 2008 article 4 explains the obligation for Islamic banks in Indonesia to manage social funds, besides the funding and financing activities. This study aims to analyse the level of productivity of social funds at Islamic banks. Data analysis using Malmquist Productivity Index (MPI) technique on 8 BUS in 2013-2017. The input variables are the receipt of zakat funds and the charity funds, while the output variables are the use of zakat funds and the charity funds. The results of this study found that 5 BUS have managed social funds efficiently and three other BUS have inefficiency conditions. Furthermore, based on MPI analysis it is found that almost all Islamic Banks has increased productivity by 32.2% which is supported by 36.4% increase of TECHCH although EFFCH value decreased by -2.3%. It indicates that Islamic Banks in Indonesia is already using technology to improve its productivity. Furthermore, from 8 BUS that became the research object, only BRISyariah experienced a decrease in productivity.</p>

scholarly journals Unbalanced Development – Regional Disparity Analysis in Serbia

2021 ◽  
Vol 59 (1) ◽  
pp. 45-60
Author(s):  
Emilija Manić ◽  
Đorđe Mitrović
Keyword(s):  
Regional Development ◽  
21St Century ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Socioeconomic Indicators ◽  
Dynamic Component ◽  
Multi Level ◽  
Almost All ◽  
Regional Imbalance ◽  
Usage Efficiency

Abstract The unbalanced regional development is one of the biggest socioeconomic challenges in Serbia. It is a multidimensional and multi-level regional imbalance that, according to almost all socioeconomic indicators, shows a growing trend in the first decades of the 21st century. This paper presents an analysis of the selected demographic, social, and economic indicators by using DEA methodology. The dynamic component of the studied imbalance was taken into account by calculating the Malmquist Productivity Index. The calculated index undoubtedly shows that there are differences between regions (not only between the northern and southern regions, but also within the regions themselves). The results also point out that the changes of the input usage efficiency have strongly influenced the ranks of the districts within the national territories.

scholarly journals Productivity Comparation of Islamic and Conventional Banks in Indonesia

2020 ◽  
Vol 4 (1) ◽  
pp. 69
Author(s):  
Marhanum Che Mohd Salleh ◽  
Lina Nugraha Rani
Keyword(s):  
Technological Change ◽  
Total Factor Productivity ◽  
Banking Industry ◽  
Secondary Data ◽  
Financial Statements ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Islamic Banks ◽  
Factor Productivity ◽  
Conventional Banks

This study aimed to compare the productivity performance of Islamic and Conventional Banks in Indonesia with the Total Factor Productivity Index (TFPCH) indicator. The sample of this study was 14 banks consisting of 7 Islamic Banks and 7 Conventional Banks from 2011-2018. Secondary data were obtained from the annual financial statements of each sample. To measure the total factor productivity index (TFPCH), the Malmquist Productivity Index (MPI) was used as a measure of productivity. It found that the productivity of Conventional Banks was slightly superior compared to Islamic Banks, with contributions from Technical / Technological Change (TECHCH) being the most influential component in the TFPCH composition. Further, there was an indication of a technical increase in both types of banks during the period. The results of this study implied banking industry players to increase their efficiency particularly the usage of technology in providing efficient services to users.

scholarly journals Antecedents of Social Funds Productivity of Islamic Banks in Indonesia

2020 ◽  
Author(s):  
Lilik Andriyani ◽  
Nurodin Usman ◽  
Zulfikar Bagus Pambuko
Keyword(s):  
Operational Efficiency ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Annual Data ◽  
Islamic Banks ◽  
The Social ◽  
Social Fund ◽  
Preliminary Study ◽  
Two Stages ◽  
Observation Period

Purpose: The study aims to analyse the social funds’ productivity of Islamic banks in Indonesia and the antecedents of it. The study will measure the social fund productivity followed by the investigation about the variable which can determine the Islamic bank productivity.Methodology: The study conducted at nine Islamic banks Indonesia. Two stages of the Malmquist productivity index were applied to annual data from 2012-2018. The variables which are tested its effect on social funds’ productivity return on asset, operational efficiency, inflation, OPEC oil price, and economic growth.Main Findings: social funds’ productivity of Islamic banks in Indonesia has experienced progress during the observation period. It is supported by the progress on technological change and efficiency change. The antecedents of social funds’ productivity return on asset and operational efficiency, while macroeconomics conditions have no significant effect on social funds’ productivity.Applications of this study: This study enriches the research on Islamic banks and gives the recommendation for policymakers to supervise better and for banks’ managers to improve the social funds’ productivity.Novelty/Originality of this study: This research is the preliminary study on the determinant of social funds’ productivity in Islamic banks.

scholarly journals The efficiency of Islamic Banks in the Southeast Asia (SEA) Region

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Mohammad Abdul Matin Chowdhury ◽  
Razali Haron
Keyword(s):  
Southeast Asia ◽  
Banking Sector ◽  
The Philippines ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Individual Country ◽  
Long Run ◽  
Global Banking

AbstractThe Islamic banking sector has become a crucial part of the global banking industry. Despite the Islamic banking industry’s encouraging growth in the Southeast Asia (SEA) region, prior studies mostly focused on Islamic banks’ efficiency in the individual country. To fill the literature gap, this study aims to measure the efficiency and productivity growth of Islamic banks in the SEA region. This study adopted the DEA technique and the Malmquist productivity index to evaluate 31 Islamic banks’ performance in SEA from 2014 to 2019. The results evidenced an improvement in efficiency and progress in productivity for the banks in the region. The findings documented better efficiency and gradual progress in productivity for Islamic banks in Indonesia, consistent efficiency for Malaysia, a significant improvement for Brunei; hence, both Thailand and the Philippines Islamic bank depicted a drop-in efficiency for 2019. The findings trigger bank managers to acknowledge the inefficiencies and their sources. Investors and policymakers may find the findings useful in observing the banks’ performance; thus, taking effective mechanism and policies to promote competent and sustainable SEA Islamic banks in the long run.

scholarly journals Malmquist Productivity Index on Islamic Economics and Finance Research

2019 ◽  
Vol 4 (1) ◽  
Author(s):  
Aam S. Rusydiana ◽  
Lina Marlina ◽  
Lina Nugraha Rani
Keyword(s):  
Malmquist Index ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Islamic Banks ◽  
Entire Sample ◽  
Measuring Efficiency ◽  
Islamic Microfinance ◽  
Mpi Applications ◽  
Islamic Insurance ◽  
Descriptive Statistical Analysis

This study proposes to review the implementation of Malmquist Productivity Index (MPI) in such research publications on the theme of Islamic economics and finance. It employs descriptive statistical analysis based on selected 102 article publications. The entire sample publications have published from 2006 to 2019. The results show that research using the MPI method has still been dominated by Islamic banks issues (73%) followed by Islamic insurance or takaful issue (12%), then zakat (8%), and Islamic microfinance issue (4%). The rest are issues about halal industry, waqf and Islamic REIT. Malaysia, Indonesia and Pakistan are the 3 countries with the most study areas compared to other countries. In addition, many MPI applications are implemented along with the use of DEA methods for measuring efficiency. The most approach used in 102 studies is the production and intermediation approach. Keywords: Malmquist Index, productivity, Islamic Economics, finance

scholarly journals The sources of productivity change and efficiency in Islamic banking: Application of Malmquist productivity index

2017 ◽  
Vol 1 (4) ◽  
pp. 35
Author(s):  
Janet Ganouati ◽  
Hédi Essid
Keyword(s):  
Technological Change ◽  
Design Research ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Scale Efficiency ◽  
Productivity Change ◽  
Islamic Banking ◽  
Subprime Crisis ◽  
Islamic Banks ◽  
Production Approach

Aim: This paper aims to explore performance of Islamic banks in 13 countries from the period 2005 to 2014 and investigates sources of productivity change over the time. Design / Research methods: The present study gather data on the 31 Islamic banks. The productivity is examined using the Data Envelopment Analysis-based Malmquist productivity index. That we decompose into scale efficiency, technological change and technical efficiency. Source of productivity change in Islamic banks is then identified. We use intermediation approach and production approach to select inputs and outputs of banks. Conclusions / findings: Although the two approaches are different, our empirical implementation shows that they yield very similar results regarding productivity, efficiency and source of productivity change. Islamic banks are productive and efficient over the study period, but they did not show to be scale efficient and they suffer from technological change evolutions. Moreover, we are able to show that Subprime crisis had a slightly negative effect on productivity in Islamic banking industry. Originality / value of the article: Empirical studies are still rare and findings are controversial on productivity and efficiency of Islamic banks. This study intends to fill the gaps with a specific focus on measuring productivity index using two different intermediation approach and production approach to select input and output variables.Implications of the research (if applicable) – Islamic banks are scale inefficient and must improve size of their activities, one possible suggestion is meagering small banks.Limitations of the research (if applicable) – Further research can use bootstrapping techniques to correct total factor productivity estimates for bias and to assess the uncertainty surrounding such estimates.

scholarly journals Measurement of Efficiency and Productivity of Amil Zakat Institutions in Indonesia by using Data Envelopement Analysis Methods and Malmquist Productivity Index

2020 ◽  
Vol 6 (2) ◽  
pp. 270
Author(s):  
Selvia Rustyani ◽  
Suherman Rosyidi
Keyword(s):  
Quantitative Research ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
First Year ◽  
Annual Data ◽  
Data Envelopment ◽  
Second Year ◽  
Input Variables ◽  
Using Data ◽  
Efficiency And Productivity

This study aims to measure the level of efficiency and productivity of the amil zakat institution in Indonesia. This research is a quantitative research using Data Envelopment Analysis (DEA) and Malmquist Productivity Index (MPI) methods. There are six institutions of amil zakat (LAZ in Indonesia, namely Yayasan Dana Sosial Al-Falah (YDSF), Al-Azhar Peduli Ummat, Aksi Cepat Tanggap (ACT), Yayasan Rumah Yatim Arrohman Indonesia, Pos Kemanusiaan Peduli Ummat (PKPU), and Rumah Zakat Indonesia with 2014 - 2016 annual data as the number of DMUs (desicion making units). This study uses an intermediation approach in determining the variables. The input variables of this research are Collected Funds (X1), Total Costs (X2), and Amil Receipts (X3), while the output variables are Funds Disbursed (Y1), and Total Assets (Y2). There were two LAZs that experienced inefficiencies in 2014 and 2015, namely LAZ YDSF and ACT. Meanwhile, in 2016, all LAZ have achieved optimal levels of efficiency. The results of the MPI analysis show that in the first year there were two LAZs that experienced a decline in productivity, namely LAZ Al-Azhar and PKPU. The other four LAZs experienced increased productivity, namely LAZ YDSF, ACT, Rumah Yatim, and Rumah Zakat. In the second year, there were three LAZs who experienced increased productivity, namely LAZ Al-Azhar, PKPU, and Rumah Zakat. Meanwhile, three other LAZ experienced a decrease in productivity, namely LAZ YDSF, ACT, and Rumah Yatim.Keywords: Efficiency, Productivity, LAZ, DEA, MPI

Productivity of Islamic and Conventional Banks in Malaysia –During the Pre and Post Global Financial Crisis

2019 ◽  
Vol 16 (2) ◽  
pp. 86-95
Author(s):  
Muhamad Azhari Wahid ◽  
Mohd Shukor Harun
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Negative Impact ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Islamic Banks ◽  
Productivity Level ◽  
Negative Effect ◽  
Conventional Banks

The global financial crisis has evidenced sluggish progress in the growth of Malaysian banking sector’s assets, deposits, and loans. The scenario could have affMalmquist Productivity Indexected the productivity of Malaysian banks which consists of Islamic and conventional banks. This study aims to evaluate and distinguish the productivity change of 17 Malaysian Islamic banks and 21 conventional banks during the pre and post global financial crisis. To estimate total productivity change of both type of banks, this study employs the Malmquist Productivity Index (MPI) method. In calculating the MPI, the study considers total deposits, personnel expenses and fixed assets as the inputs while for the outputs, the study considers loans, investment and non-interest income. The empirical results reveal that the Islamic and conventional banks have been productive throughout the period of observation. However, the results pointed out that Islamic banks have been more productive than its conventional counterparts. Interestingly, the study indicates that both Islamic and conventional banks have failed to operate at an optimal scale of operations. This could have negative effect on the productivity level of these banks. Furthermore, the recent global financial crisis has negative impact on the productivity level of Islamic and conventional banks in Malaysia.

scholarly journals PRODUCTIVITY AND DETERMINANT OF ISLAMIC BANKS EVIDENCE FROM INDONESIA

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Siti Annita Otaviya ◽  
Lina Nugraha Rani
Keyword(s):  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Islamic Banks ◽  
Factor Productivity ◽  
Second Stage ◽  
Panel Data Regression ◽  
Data Regression ◽  
Private Banks ◽  
Research Findings

This study aims to determine the level of productivity of Islamic banks in Indonesia during the period 2011-2018 using indicators of Total Factor Productivity Change (TFPCH) or changes in productivity, and to identify potential determinants of TFPCH. In the first stage, the Malmquist Productivity Index (MPI) is employed to analysethe TFPCH of eight Islamic banks operating between 2011 and 2018. In the second stage, panel data regression is applied to assess the potential determinants of TFPCH. The research findings show that Indonesian Islamic banks experience productivity growth, and that the Technical/Technological Change (TECHCH) component has had a significant influence on this growth, with the GDP and BI rate variables being potential determinants of TFPCH. The research contributes to the renewal of interest in studies of Islamic bank productivity performance in Indonesia, and is accompanied by analysis of the specific determinants of the potential of private banks and the macroeconomics of productivity, research on which is still limited in the related literature.

scholarly journals Efficiency of Microfinance providers in Pakistan: An Empirical Investigation

2017 ◽  
Vol 3 (2) ◽  
pp. 147-158 ◽  
Author(s):  
Rashid Ahmad ◽  
Altaf Hussain ◽  
Muhammad Umer ◽  
Kishwar Parveen
Keyword(s):  
Returns To Scale ◽  
Efficient Frontier ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Scale Efficiency ◽  
Microfinance Institutions ◽  
Loan Portfolio ◽  
Input Variables ◽  
Constant Returns To Scale ◽  
Loan Amount

Purpose: The aim of this study is to assess the efficiency of microfinance institutions in Pakistan using quarterly data from microfinance connect of second quarter of 2006 and second quarter of 2016 for comparison of two different time span. To estimate efficiency of microfinance institutions in Pakistan, the Data Envelopment Analysis are employee. Out of 52 microfinance providers in Pakistan, only 15 microfinance institutions is sample across the industry based on profile of gross loan portfolio of each microfinance provider.  to estimate the efficiency of microfinance providers in Pakistan (i.e. constant returns to scale, variable returns to scale and scale efficiency), Malmquist productivity Index and total factor productivity of the microfinance institutions, two input variables(loan amount disbursed, total staff) and output variables (gross loan portfolio and number of active borrowers) are used. The results of the study conclude that MFIs in Pakistan are working below their optimum scales measurements and only one microfinance provider (Khushali Bank) out of 15 in our sample in 2007 and (Thardeep rural support program) in 2016 works on efficient frontier and while others are inefficient. It recommended that the institutions should increase loan amount disbursed and invest resources to the train their staff. Moreover, microfinance providers should expand by increasing number of offices to assist community.

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