scholarly journals PENETAPAN MARGIN KEUNTUNGAN MURABAHAH: ANALISIS KOMPARATIF BANK MUAMALAT INDONESIA DAN BANK ACEH SYARIAH

2015 ◽  
Vol 4 (2) ◽  
Author(s):  
Isnaliana Isnaliana
Keyword(s):  
Qualitative Approach ◽  
External Factors ◽  
Islamic Banking ◽  
Islamic Banks ◽  
For Profit ◽  
Lending Rate ◽  
Increasing Demand ◽  
Internal And External Factors ◽  
Banda Aceh

Murabahah is one of the most dominant financing agreement applied in Islamic banking including Indonesia. Bank Muamalat Indonesia (BMI) and Bank Aceh Shariah (BAS) are two of many Islamic banks that have murabahah as a dominant product. Bank Muamalat Indonesia has 60%-70% murabahah financing out of its financing total, while Bank Aceh Sharia offers up to 97% of its financing fund for murabahah. This domination is related to its high compensations for customers that influence the increasing demand of this product. This article aims to determine the mechanism profit determination of murabahah financing at BMI and BAS in Banda Aceh. It is also aimed to examine the influence of Bank Indoensia’s rate to the determination of profit margin for murabahah at those banks. This study employs a comparative study analysis with qualitative approach. The findings show that the mechanism for profit determination was decided based on recommendation and suggestions from the Islamic banks ALCO Team Meeting. However, both Bank Muamalat Indonesia and Bank Aceh Shariah differ from determining the level of annual lending rate. It turns out that the determination of high or low margin was affected by internal and external factors. While the BI rate played as a benchmark (reference) for the banks to set a price in order to be competitive and also to calculate the possibility of inflation. =========================================== Murabahah merupakan salah satu akad pembiayaan yang paling dominan diaplikasikan pada perbankan syariah. Kondisi ini tidak hanya terjadi di Indonesia, namun juga di Negara-negara Muslim lainnya seperti Pakistan dan Malaysia. Begitu halnya dengan Bank Muamalat Indonesia cabang Banda Aceh dan Bank Aceh Syariah. Pada Bank Muamalat Indonesia pembiayaan ini berkisar 60-70%, sedangkan pada Bank Aceh Syariah mencapai 97% dari total pembiayaan. Tingginya harga jual murabahah ini tidak terlepas dari kelebihan yang dimilikinya, sehingga berdampak pada tingginya permintaan produk tersebut. Permasalahan dan tujuan penelitian ini yaitu, untuk mengetahui bagaimana mekanisme penetapan margin keuntungan murabahah dan bagaimana pengaruh BI rate terhadap penetapan margin keuntungan murabahah baik pada Bank Muamalat Indonesia (BMI) maupun Bank Aceh Syariah (BAS). Dalam penelitian ini penulis menggunakan metode komparatif analisis dengan pendekatan kualitatif research. Hasil penelitian menunjukkan bahwa mekanisme penetapan margin keuntungan murabahah pada dasarnya diputuskan melalui rekomendasi, usul dan saran Rapat Tim ALCO bank syariah. Meskipun demikian baik Bank Muamalat Indonesia maupun Bank Aceh Syariah berbeda dalam menetapkan tingkat lending rate pertahunnya, dan ternyata tinggi rendahnya penetapan margin pada kedua bank tersebut dipengaruhi oleh faktor internal dan eksternal bank. Sedangkan pengaruh BI rate terhadap penetapan margin keuntungan murabahah pada kedua bank tersebut sebagai benchmark (acuan) agar kompetitif dan perhitungan kemungkinan terjadinya inflasi.

Satisfaction of Pakistan’s Islamic banking system during the COVID-19 pandemic Logistic model-based identification of the determinants to improve customer

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Majed Alharthi ◽  
Imran Hanif ◽  
Hafeez Ur Rehman ◽  
Hawazen Alamoudi
Keyword(s):  
Banking System ◽  
External Factors ◽  
Primary Data ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Internal Factors ◽  
Content Type ◽  
Islamic Bank ◽  
Strict Compliance ◽  
Internal And External Factors

Purpose This study aims to explore the potential determinants of customers’ satisfaction with the Islamic banking system and highlights the fact that both internal and external factors play key roles in customer satisfaction (CS) during the COVID-19 pandemic. Design/methodology/approach Primary data from six Islamic banks (Al Baraka Bank Ltd, BankIslami Pakistan Ltd, Burj Bank Ltd, Dubai Islamic Bank Ltd, Meezan Bank Ltd and MCB-Islamic Bank Ltd) were analysed using a binary logit method. Findings The results showed that internal factors such as hand sanitisation facilities, strict compliance with wearing a mask before entering the bank, the distance between customers and dealing officers, an organised network of branches (in terms of health safety protocols), the behaviour of dealing officers and extended banking hours contributed significantly to enhancing the satisfaction of Islamic banking customers during the pandemic in Pakistan. The results showed that high service charges on loans have a significant adverse impact on CS. Concerning external factors, the results showed that mass media platforms that can update customers about new services and customer transactions’ processing timing, the number of operational branches in the pandemic period, available parking space in front of a bank and recommendations from family and friends to open an account with a particular bank increase CS levels. Practical implications The study’s results will be helpful for the policymakers and practitioners to design such policies that can promote the Islamic banking system in developing countries such as Pakistan. Originality/value Under the pandemic situation, the present study highlights the internal and external determinants of Islamic banking customers’ satisfaction in Pakistan. The study provides a foundation for Islamic Banks to revise their policy frameworks and marketing strategies to attract customer interest and improve their satisfaction levels.

Determinants of Islamic Bank Profitability: Evidence from Indonesia

2020 ◽  
Vol 5 (1) ◽  
pp. 1-13
Author(s):  
Puji Sucia Sukmaningrum ◽  
Kashan Pirzada ◽  
Sylva Alif Rusmita ◽  
Fatin Fadhilah Hasib ◽  
Tika Widiastuti ◽  
...  
Keyword(s):  
Interest Rate ◽  
Quality Management ◽  
Banking Industry ◽  
External Factors ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Return On Assets ◽  
Internal Factors ◽  
Bank Profitability ◽  
Islamic Bank

Objective – Islamic Banks have a distinct advantage that is not only conduct a commercial operation, but to also conduct social operations. Therefore, Islamic Banks plays an important role in developing the Indonesian economy. The aim of this study is to investigate the impact of internal and external factors that affect the profitability of Islamic Banks in Indonesia. Methodology/Technique – The methodology of this research is multiple regression. The object of this research is the Islamic banking industry in Indonesia. Internal factors include size, liquidity, asset quality, management, and efficiency ratio. External factors include interest rate and inflation. Return on Assets is used to measure profitability. The monthly data is collected from the financial reports of Islamic Banks between 2011 to 2016. Findings – The findings show that size, liquidity, assets quality, management ratio, interest rate and inflation lead to a greater Return on Assets (profitability) in Islamic Banks in Indonesia. Efficiency however does not have a significant effect on profitability of Islamic Banks in Indonesia. Novelty – Based on the results of this research, it can be concluded that the Islamic banking industry can use those variables to improve the profitability of Islamic banks in the future. In addition, there are two variables that affect the profitability of Islamic banking industry. For the Islamic banking industry should anticipate the movement of inflation and interest to improve the profitability of Islamic banks. Type of Paper: Empirical paper. Keywords: Islamic Banks; Profitability; Internal Factors; External Factors; Indonesia. Reference to this paper should be made as follows: Sukmaningrum, P.S; Pirzada, K; Rusmita, S.A; Hasib, F.F; Widiastuti, T; Hendratmi, A. 2020. Determinants of Islamic Bank Profitability: Evidence from Indonesia, J. Fin. Bank. Review, 5 (1): pp. 01 – 13 https://doi.org/10.35609/jfbr.2020.5.1(1) JEL Classification: G21, G24.

scholarly journals Pricing Linkage between Islamic Banking and Conventional Banking: The Case of Bangladesh

2016 ◽  
Vol 3 (4) ◽  
pp. 84
Author(s):  
Sarwar Uddin Ahmed ◽  
Ashikur Rahman ◽  
Samuel Parvez Ahmed ◽  
G M Wali Ullah
Keyword(s):  
Profit Sharing ◽  
Islamic Banking ◽  
Specific Rate ◽  
Islamic Banks ◽  
Loss Mechanism ◽  
Monthly Data ◽  
For Profit ◽  
Significant Difference ◽  
Conventional Banks ◽  
The Relationship

<p><em>Islamic banking is based on profit and loss mechanism where the use of interest is prohibited.  Unlike conventional banks, these banks do not charge a specific rate of interest, rather provides financing in exchange for profit sharing.  However, there are studies claiming that, in practice, Islamic banking is same as conventional banking with regard to the use of interest. It is also claimed that, Islamic deposits are not interest-free, but are closely attached to conventional deposits.  On this background, the objective of this study is to examine the relationship between pricing in Islamic banks vis-à-vis conventional banks by taking the case of Bangladesh. We have used monthly data during the period of 2009-2013. The findings of the study showed that, there is no statistically significant difference between the monthly average lending rates of Islamic banks and conventional banks. However, there is significant difference between deposit rates. The existence of causal relationship was inconclusive, and requires further analysis.</em></p>

scholarly journals Zakat Produktif Untuk Pemberdayaan Ekonomi Umat

2018 ◽  
Vol 5 (1) ◽  
pp. 41
Author(s):  
Ahmad Thoharul Anwar
Keyword(s):  
Data Collection ◽  
Human Resources ◽  
Qualitative Approach ◽  
External Factors ◽  
Economic Empowerment ◽  
Data Display ◽  
Internal Factors ◽  
Administrative Management ◽  
Using Data ◽  
Internal And External Factors

<p><em><span lang="IN">The purpose of this study is to know the management of productive zakat for the economic empowerment of society in LAZISNU Kudus. This study uses a qualitative approach and is described descriptively. Data collection techniques used interviews, observation, and documentation. While data analysis using data reduction, data display and verification. From the results of the study concluded that the management of productive zakat funds conducted by LAZISNU Kudus using the stages in management science. The steps in the empowerment of productive zakat by LAZISNU Kudus include data collection, supervision and supervision. There are two obstacles facing LAZISNU, internal and external factors. Among the internal factors are limited funds provided, lack of coordination, lack of adequate human resources and administrative management that is still traditional. While external factors include is still a lot of muzakki who pay zakat outside amil institutions and mustahik less know management business.</span></em></p>

scholarly journals Analisis Fungsi Harian Serambi Indonesia pada Masyarakat Desa Doy Kecamatan Ulee Kareng Kota Banda Aceh

2020 ◽  
Vol 6 (2) ◽  
pp. 96-106
Author(s):  
AK Jailani ◽  
Yan Hendra ◽  
Ribut Priadi
Keyword(s):  
Environmental Factors ◽  
Mass Media ◽  
External Factors ◽  
Descriptive Research ◽  
Control Functions ◽  
The People ◽  
The Mass Media ◽  
Past Experiences ◽  
Internal And External Factors ◽  
Banda Aceh

This study aims to analyze the function of the Daily Serambi Indonesia in Doy Village, Ulee Kareng District, Banda Aceh City. The method used in this research is descriptive method with a qualitative approach. Descriptive research means that research describes, describes, or systematically describes the relationship between the phenomena being studied. This study found that the perception of the people of Doy Village towards the implementation of the function of the mass media was influenced by internal and external factors. Internal factors that influence their perceptions are the attention and meaning of the Serambi Indonesia Daily, the people of Doy Village interpret every message that is reported by the mass media. Meanwhile, external factors that influence the people of Doy Village are environmental factors and past experiences. What is meant by environmental factors is that the perception of the people of Doy Village is influenced by the appearance and rubrics and content presented by Serambi Daily. The conclusion in this study is that for the people of Doy Village, Ulee Kareng District, Banda Aceh City, Serambi Indonesia Daily has carried out the functions of mass media in the form of information, education, entertainment, and social control functions well. 

scholarly journals PROBLEMATIKA GURU DALAM MEMBERIKAN PENGUATAN (REINFORCEMENT) MATA PELAJARAN PAI DI MTs AL-ANWAR SANAH TENGAH WARU PAMEKASAN

2018 ◽  
Vol 5 (2) ◽  
pp. 23-32
Author(s):  
Supandi Supandi
Keyword(s):  
Data Analysis ◽  
Data Collection ◽  
Communication Networks ◽  
Qualitative Approach ◽  
External Factors ◽  
Descriptive Data ◽  
Good Communication ◽  
The Subject ◽  
Data Credibility ◽  
Internal And External Factors

The subject of the study in this study are: 1) The form of the problems caused in providing maple PAI reinforcement conducted by the teacher, 2) How to overcome the problems faced by the teacher in providing PAI map reinforcement. This study uses a qualitative approach, with a type of descriptive data analysis. This data collection is obtained through interviews, observation and documentation analysis. The informants from this study were principals, teachers and some students in the research location. The technique used to check data credibility is the extension of the presence of researchers and in-depth observation and triagulation. The results show that the problems caused in providing reinforcement are a) learning methods that are considered less varied by the teachers, b) learning media that are considered to be less qualified, c) internal and external factors of students which are the problems of PBM's success, d) Uneven human and natural resource problems. Whereas ways to overcome these problems include: a) including MGMP program teachers, b) Making maximum use of learning media, c) Conducting good communication networks for all parties, d) Pairing between the smart and the less intelligent.

scholarly journals Al-Mashaqqah Tajlib Al-Tays¬ir Makna Dan Implikasinya Dalam Pengembangan Ekonomi Islam

2018 ◽  
Vol 3 (2) ◽  
Author(s):  
M. Dliyaul Muflihin
Keyword(s):  
Economic Development ◽  
Financial Institutions ◽  
Islamic Law ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Equal Distribution ◽  
The Public ◽  
Islamic Financial Institutions ◽  
Islamic Economic

The problem of Islamic economics is also increasingly complex with the large number of banks. To meet the needs of transactions, banks have products that are offered to the public. In accordance with the function of the bank, namely collecting and distributing funds to the public. The purpose of channeling funds by Islamic banks is to support the implementation of development, improve justice, togetherness and equal distribution of people's welfare. This paper will answer what is the meaning of al-mashaqqah tajlib al-taysir and how do the Implications of al-mashaqqah tajlib al-taysir in the development of Islamic economy? The result of research shows that the meaning of the rule of al-mashaqqah tajlib al-taysir is the difficulty of bringing convenience. The point is that if implementing a provision of shara' mukallaf faces obstacles in the form of difficulties and limitations that exceed the limits of reasonable capabilities, then the difficulty automatically creates relief provisions. In other words, if we find difficulty in carrying out something that is to be sharia, then the difficulty becomes a justifiable cause to facilitate in carrying out something that is to be provision of sharia, so that we can continue to run the sharia of Allah easily. The implications raised by the rules of al-mashaqqah tajlib al-taysir are the determination of the law of Islamic financial institutions. This impact is seen when Islamic law allows transactions in Islamic banking financial institutions, so that the community will easily meet the needs by transacting with Islamic banking through contracts that have been agreed upon. Keywords: al-Mashaqqah Tajlib al-Taysir, Islamic Economic Development

scholarly journals Review of Islamic Law Against Execution of Collateral Auctions on Islamic Banking Institutions in Aceh, Indonesia

2021 ◽  
Vol 2 (1) ◽  
pp. 88-93
Author(s):  
Muhammad Fadhli ◽  
Sadad Mahmud ◽  
Ahmad Azrin Adnan ◽  
Abd Jamal ◽  
Ibraheem Alani AbdulKareem
Keyword(s):  
Islamic Law ◽  
Qualitative Approach ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Due Date ◽  
Financial Transaction ◽  
Direct Sales ◽  
Banking Institutions ◽  
The Right ◽  
Formal Procedures

This article review Islamic law quoted from jurists’ opinion and legal experts on the use of auction trading theory in the collateral sale. Every financial transaction in Islamic banking required a guarantee. It is intended to save bank funds if the customer defaults. Based on constitutional act Number 4 of 1996 of mortgage rights, Islamic banks have the right to confiscate the asset (guarantees) of a customer who has reached the due date without intention to pay. However, the bank cannot carry out unilateral execution to make direct sales. The formal procedures which banks must follow to disburse funds from customer guarantees are usually long and often meet various obstacles. This article analyzes normatively and empirically the bail auction guarantees implementation on Islamic banking in Aceh based on the Islamic law concept from the al Quran, Hadith, and the scholars’ Ijma’. Although conventional law is still used in the auction rules, the implementation of guarantees as applied to Islamic banking has adopted many Islamic laws. However, in the practice, there are still many problems that arise from the Islamic law scope which uphold the philosophy of maslahah and the concept of justice. The paper, therefore, employs qualitative approach and secondary date to investigate Shariah perspective against execution of collateral auctions on Islamic banking institutions in Aceh, Indonesia.

scholarly journals Solution for Islamic Banks Exploitation: A Criticism of Fixed-Yields Based Financing in Indonesia

2020 ◽  
Vol 4 (1) ◽  
pp. 48
Author(s):  
Muhamad Nafik Hadi Ryandono
Keyword(s):  
Analytical Approach ◽  
Profit Sharing ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Fixed Income ◽  
Operational Cost ◽  
For Profit ◽  
Operational Costs ◽  
Islamic Economic ◽  
Bank System

The profit-sharing system is the main characteristic of Islamic banking that distinguishes them from conventional (ribawi) banking. However, in reality, the profit-sharing contract is rarely implemented in Islamic banking. As a result, Islamic banking is still identified as ribawi banking. Many Islamic economists have examined the reasons behind fixed income contracts, especially murabahah contract that applied predominantly, structurally, systematically and massively compared to the profit-sharing contract. Therefore, with a critical analytical approach, this study aims to dismantle and look for solution towards exploitation of fixed income-based financing in Indonesian sharia banking. The results of this study are fixed income-based financing should be applied limited to covering the operational costs of Islamic banks but the remainder must be channelled based on profit-sharing systems. Meanwhile, funding for profit-sharing systems is intended to gain profits and cover the operational cost variables. Thus, predatory exploitation of Islamic banks in Indonesia can be minimized by maintaining the composition of the maximum financing about forty per cent which is a fixed-yield based and leave the rest to a profit-sharing system. Then, the more equitable Islamic bank system and Islamic economic goals will be created and offer benefits such as the achieving of the objectives of Islamic sharia (maqashid shariah) and minimizing the image of Islamic banks as ribawi bank.

scholarly journals Impact of Islamic Motives, Customer Profitability and Service Quality on Customer Satisfaction from Islamic Banks

2021 ◽  
Vol 3 (1) ◽  
pp. 75-87
Author(s):  
ARSHAD KHAN ◽  
SAYYAM ◽  
ABDUR RAHMAN
Keyword(s):  
Customer Satisfaction ◽  
Service Quality ◽  
Strong Predictor ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Customer Profitability ◽  
Alpha Reliability ◽  
Reliability Methods ◽  
Relationship Of

Success of any Islamic banks greatly depends on consumers, so Islamic banks need to create ethical environment, where perception of Islamic banks are carefully developed. The persistence of this is explained the nature and pervasiveness of Islamic banking and to pinpoint the linkage between consumer’s satisfaction and banks performance in Pakistani Islamic banks. And also make out that customer preferred Islamic banks. Islamic banks sector was selected for the research, In order to obtain the required objectives, From Meezan bank and Bank Islami, Nowshera we selected 137customer’s, and data was collected from them through a well-designed questionnaire. SPSS (17.0) were used for analyze togetherthe data. The Cranach’s Alpha () Reliability methods were used to test the reliability of data. Findings exposed that there was significant and up relationship of ISLAMIC banks performance with customer’s satisfaction. So Islamic bank is strong predictor of customer’s fulfillment and determination of C’S depends upon on the Islamic banks performance of relationship.

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