scholarly journals THE EFFICIENCY OF ZAKAT COLLECTION AND DISTRIBUTION: EVIDENCE FROM DATA ENVELOPMENT ANALYSIS

2019 ◽  
Vol 3 (1) ◽  
pp. 54
Author(s):  
Ninda Ardiani
Keyword(s):  
Data Envelopment Analysis ◽  
Financial Statements ◽  
Data Envelopment ◽  
Dea Method ◽  
Input Variables ◽  
Branch Office

The purpose of this study is to see the efficiency of the national zakat institutions  in the collection of funds and distribution. Dompet Dhuafa is one of the national zakat institutions  which has branch office spread  in Indonesia. The problem  is how efficient is the institution of zakat when collecting zakat funds and channeling it. This research uses Data Envelopment Analysis (DEA) method with two test that is test for zakat fund and test to non-zakat fund. Input variables consist of receipts obtained by zakat institutions, while the output variables consist of expenditures for 8 asnaf and other expenditures. Data taken from Dompet Dhuafa financial statements from 2011 to 2015. The results of this study addressed  in 2011, 2014 and 2015 Dompet Dhuafa in collecting and disbursing zakat funds and non-zakat funds have been efficient. Inefficiencies that occur in the year 2012 and 2013 due to not optimal channeling of funds from Dompet Dhuafa.

scholarly journals Implementation of Data Envelopment analysis (DEA) in measuring the efficiency zakat fund management

2019 ◽  
Vol 1 (1) ◽  
pp. 50-57
Author(s):  
Tsalis Syaifuddin
Keyword(s):  
Data Envelopment Analysis ◽  
Data Envelopment ◽  
Fund Management ◽  
Improve Performance ◽  
Output Variable ◽  
Travel Costs ◽  
Parametric Data ◽  
Dea Method ◽  
Input Variables ◽  
Output Variance

This study aims to determine the efficiency level of management of zakat funds at the National Zakat Amil Agency (BAZNAS). The author uses the quantitative non-parametric Data Envelopment Analysis (DEA) method. Total assets, promotion, and documentation costs, and official travel costs as input variables. Whereas the output variance consists of receiving zakat funds and distributing zakat funds. The results showed that BAZNAS experienced efficiency in 2012-2014 and 2017 with a score of 100%. Inefficiencies occurred in 2015 at 79.16% and in 2016 amounted to 98.72%. In 2015-2016, all input variables experienced inefficiency, while the output variable was the only inefficient distribution of zakat funds. In overcoming, inefficiencies can be adjusted between the target and actual quantities specified in the DEA calculation. The author recommends that BAZNAS pay attention to the causes of inefficiency so that it can improve performance better.

Perbandingan Efektivitas Penghimpunan Dana Wakaf melalui Uang Berbasis Online di Global Wakaf dan Dompet Dhuafa

2020 ◽  
pp. 108
Author(s):  
Budi Setiadi ◽  
Neneng Nurhasanah ◽  
Siska Lis Sulistiani
Keyword(s):  
Data Envelopment Analysis ◽  
Research Method ◽  
Financial Statements ◽  
Maximum Efficiency ◽  
Data Envelopment ◽  
Operational Costs ◽  
Dea Method ◽  
Low Efficiency ◽  
Object Of Study ◽  
Financial Technology

Abstract. The development of information technology, especially in the field of financial technology helps waqf institutions in the development of waqf findrising strategies, one of which is the existence of online waqf. Therefore it is necessary to optimize the collection of waqf funds based online, one of them with efficiency. The purpose of this study was to determine the level of effectiveness of the collection of waqf-based online waqf funds in Global Waqf and Dompet Dhuafa. The research method used is qualitative with the DEA method. The object of study is the waqf institutions in Global Waqf and Dompet Dhuafa in the form of financial statements of 2 institutions in the period 2016 - 2017, interviews and documentation. Research results based on the above discussion are as follows: (1), Global Waqf and Dompet Dhuafa have fulfilled the elements in raising funds. Both institutions have their respective strategies in collecting funds based on online (2). The level of effectiveness of collecting waqf funds online at Global Waqf and Dompet Dhuafa using the DEA method for the 2016-2017 period, in the 2016 Dompet Dhuafa and Global Waqf levels, the efficiency level has been reaching 100% or equal to 1. This shows that Dompet Dhuafa and Global waqf had maximum efficiency in that year. Figures at 0.0% to gain indicate the efficiency target is in accordance with the actual conditions and obtained achieved 100%. In 2017 Dompet Dhuafa has an efficiency level of 100% or equal to 1. While Global Waqf has decreased efficiency to 50% due to its value of less than 100%. The optimization of online waqf collection in 2017 at Global Waqf institutions experienced low efficiency in order to achieve perfect efficiency operational costs should be reduced by around 80%, while online waqf receipts must be increased to 49% of the actual total.Keywords: Financial Technology, Effectiveness, Efficiency, Findrising Strategies, Data Envelopment Analysis. Abstrak. Adanya perkembangan teknologi informasi khususnya di bidang financial technology membantu lembaga wakaf dalam perkembangan strategi findrising wakaf, salah satunya yaitu dengan adanya wakaf online. Oleh karena itu dibutuhkan optimalisasi penghimpunan dana wakaf berbasis online, salah satunya dengan efisiensi. Tujuan penelitian ini adalah untuk mengetahui tingkat efektivitas penghimpunan dana wakaf berbasis wakaf online di Global Wakaf dan Dompet Dhuafa. Metode Penelitian yang digunakan adalah kualitatif  dengan metode DEA. Objek yang diteliti adalah lembaga wakaf di Global Wakaf dan Dompet Dhuafa berupa laporan keuangan 2 lembaga pada periode 2016 – 2017, wawancara dan dokumentasi. Hasil Penelitian berdasarkan pembahasan di atas sebagai berikut : (1), Global Wakaf dan Dompet Dhuafa sudah memenuhi unsur-unsur dalam penghimpunan dana. Kedua lembaga tersebut mempunyai strategi masing-masing dalam menghimpun dana yang berbasis online (2), Tingkat efektivitas penghimpunan dana wakaf online di Global Wakaf dan Dompet Dhuafa dengan metode DEA  periode 2016-2017, di periode 2016 Dompet Dhuafa dan Global Wakaf tingkat efisiensi nya sudah mencapai 100% atau senilai dengan 1. Hal ini menunjukan Dompet Dhuafa dan Global wakaf sudah efisiensi secara maksimal di tahun tersebut. Angka pada pada to gain 0.0 % menunjukan target efisiensi sudah sesuai dengan kondisi aktual dan memperoleh achieved 100 %. Di tahun 2017 Dompet Dhuafa tingkat efisiensinya sudah mencapai 100% atau senilai dengan 1. Sedangkan Global Wakaf mengalami penurunan efisiensi menjadi 50 % dikarenakan nilainya yang kurang dari 100%. Optimalisasi penghimpunan wakaf online pada tahun 2017 pada lembaga Global wakaf mengalami efisiensi rendah agar mencapai efisiensi sempurna biaya operasional harus dikurangi sekitar 80 %, sedangkan penerimaan wakaf online harus dinaikan menjadi 49 % dari total actualnya.Kata Kunci : Financial Technology, Efektivitas, Efisiensi, Strategi Findrising,  Data Envelopment Analysis. 

scholarly journals ANALISIS EFISIENSI BANK UMUM SYARIAH DEVISA DI INDONESIA DENGAN METODE DATA ENVELOPMENT ANALYSIS STUDI PADA BANK MUAMALAT INDONESIA DAN BANK SYARIAH MANDIRI

2013 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Helmi Haris ◽  
Nuning Sri Hastuti
Keyword(s):  
Data Envelopment Analysis ◽  
Commercial Bank ◽  
Data Envelopment ◽  
Islamic Banks ◽  
Financial Ratio ◽  
Operating Income ◽  
Personnel Costs ◽  
Input And Output ◽  
Dea Method ◽  
Input Variables

Performance is one of the indicators of efficiency in a firm including Islamic banks. Performance measurament commonly done by Islamic banks using financial ratio. However performance measurament by using financial ratio can’t show the condition of Islamic banks truthfully. Data Envelopment Analysis (DEA) method can overcome restrictiveness of performance measurament which able to handle many input and output. DEA method is a linier programming which aim to maximize input and output. This study aims to aware and analyze financial performance of Islamic commercial bank with DEA method in period 2008-2011. The sample of two Islamic commercial bank: Bank Muamalat Indonesia and Bank Syariah Mandiri. This study uses input variables consist of deposits, assets, and personnel costs as well as using a variable output which comprises the amount of financing and operating income. These results indicate that Islamic commercial bank foreign exchange continue to have 100 percentefficiency is a Bank Muamalat Indonesia over a period of observation, while Bank Syariah Mandiri has 100 percent efficiency in Maret 2008, September 2008, Desember 2008, Juni 2009, September 2009, Desember 2009, September 2010, Desember 2010, Maret 2011, Juni 2011, September 2011 dan Desember 2011

scholarly journals PENGARUH PERUBAHAN STANDAR AKUNTANSI KEUANGAN (SAK) TERHADAP EFISIENSI BANK PERKREDITAN RAKYAT (BPR) DENGAN PENDEKATAN DATA ENVELOPMENT ANALYSIS (DEA)

2013 ◽  
Vol 2 (1) ◽  
Author(s):  
Suprihadi Suprihadi
Keyword(s):  
Data Envelopment Analysis ◽  
Bootstrap Method ◽  
Accounting Standards ◽  
Financial Statements ◽  
Financial Accounting ◽  
Third Party ◽  
Data Envelopment ◽  
Net Income ◽  
Fixed Assets ◽  
Input Variables

<p><em>The study was conducted to examine the effect of changes in Financial Accounting Standards (SAK) business Rural Bank (BPR), with the enactment of the Financial Accounting Standards Un Accountability Public-entity-(SAK-ETAP) and the Rural Bank Accounting Guidelines (PA-BPR), to BPR efficiency. SAK changes may result in changes to the financial performance of business efficiencies, especially BPR. Efficiency is one of the performance parameters which theoretically can be used as a basis for determining the performance of the bank.</em><em> </em><em>Non-parametric approach to Data-Envelopment Analysis (DEA), used as a tool for evaluating the efficiency of BPR, with input variables (cash, placements with other banks, fixed assets, other assets, third party financing, interest income, interest expense, expense fees and expenses operational) and the output variable (that is given credit, loans received, and net income). Analysis of the influence of changes in accounting standards on the efficiency of BPR, performed using Analysis of Variance analysis tools-(ANOVA) and regression bootstrap method. The results showed that, for BPR in East Java which has total assets of Rp. 10 (ten) million, changes in accounting standards had no effect on the efficiency of BPR. The condition is caused by, changes in financial accounting standards, fundamentally, is the reclassification and changes in the presentation of accounts in the financial statements BPR.</em></p> <p><br /> <strong>Key words</strong>: Financial Accounting Standards, Efficiency, BPR, DEA</p>

scholarly journals Data envelopment analysis for profitability and marketing in the 10 largest banks in Indonesia

2019 ◽  
Vol 9 (2) ◽  
pp. 195
Author(s):  
JMV Mulyadi
Keyword(s):  
Data Envelopment Analysis ◽  
Banking Industry ◽  
Bank Performance ◽  
Data Envelopment ◽  
Bank Profitability ◽  
Good Efficiency ◽  
Marketing Performance ◽  
Dea Method ◽  
Input Variables ◽  
Bank Marketing

The higher competition in banking industry has pushed the banks to increase efficiency both their profitability and marketing. This study aims to assess the efficiency of the 10 largest banks in Indonesia both in terms of profitability and marketing period 2017-2018 using the Data Envelopment Analysis (DEA) method. The results show that from 2017 to 2018, there were 7 banks that consistently obtained good profitability levels. The average bank profitability performance decreased from 2017 to 2018. From the marketing side, with the first input approach, during 2017-2018 there were only 6 banks that consistently obtained good levels of efficiency, while with the second input approach, there were only 5 banks that consistently achieved good efficiency. The average bank marketing performance declined from 2017 to 2018 using the first and second approaches. In general, bank performance in marketing is still below the bank performance in profitability. The implication is that in using DEA, it must be wise in selecting the input variables because they will produce different values.

scholarly journals EFFICIENCY OF ZAKAT MMANAGEMENT OORGANIZING (OPZ) IN INDONESIA

2020 ◽  
Vol 16 (1) ◽  
pp. 112-149
Author(s):  
Roikhan Mochamad Aziz
Keyword(s):  
Data Envelopment Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Statements ◽  
Data Envelopment ◽  
Output Variable ◽  
Personnel Costs ◽  
Operational Costs ◽  
Input Variables ◽  
Using Data

National charity potential in Indonesia is very large, but not comparable to the fact that the number accumulation ZIS in Indonesia. Then, needs to be done to optimize the potential of zakat is one of them with efficiency. The purpose of this study was to determine the level of efficiency of Zakat Management Organization (OPZ). The sampling technique used in this research is purposive sampling by taking a sample of 2 organizations zakat is BAZNAS and PKPU. The data used in this research is secondary data obtained from financial statements published by BAZNAS and PKPU. Measurement of efficiency in this study using Data Envelopment Analysis (DEA).Input variables used in this study is the operational costs and personnel costs, while the output variable is the receipt and disbursement of zakat. Results from this study showed that only BAZNAS who always achieve efficiency levels of 100 percent during 2011-2013, while PKPU experiencing fluctuating conditions of efficiency. On average achievement BAZNAS efficiency from 2011 through 2013 is equal to 100 per cent, while the average achievement of efficiency PKPU fluctuated during the period 2011-2013 amounted to 52.13 percent.

scholarly journals ANALISIS KINERJA KANTOR UNIT BANK RAKYAT INDONESIA (BRI) CABANG MEULABOH MELALUI PENDEKATAN METODE DATA ENVELOPMENT ANALYSIS (DEA)

2016 ◽  
Vol 2 (2) ◽  
Author(s):  
Arie Saputra
Keyword(s):  
Data Envelopment Analysis ◽  
Relative Efficiency ◽  
Process Efficiency ◽  
Primary Data ◽  
Data Envelopment ◽  
Output Variable ◽  
Financial Reports ◽  
Input Variables ◽  
Branch Office ◽  
Number Of Customers

Efficiency is one of the important performance indicators in measuring the performance of an organization, determination of process efficiency by comparison to some of the units of measurement into a proportional response to the question of overall performance object pengmatan unit. This study aims to determine the value of the relativity of a banking organization's efficiency through approaches diunit Data Envelopment Analysis (DEA). Values relative efficiency of a unit obtained by the ratio of input and output used to see the amount of weight of each unit when there is a process of comparison (benchmarking). Adapaun data used in this study are primary data derived from Bank BRI branch office unit that Meulaboh Cut Nyak Dien office units, office units and office units Johan Pahlawan Teuku Umar in the form of annual financial reports for two years (2014 and 2015). For the study variables divided into two input variables consisting of the number of employees, the number of deposits, the number of customers and the amount of operating costs (BOP) while the output variable is the number of loans and total income (revenue). By using the DEA method can know the amount of the value of the relative efficiency of the three units of Bank BRI branch offices in Meulaboh, for the year 2014 Cut Nyak Dien office units, office units and office units Johan Pahlawan Teuku Umar obtain efficient relative value = 1, which means efficient. Whereas in 2015 the office unit Johan Pahlawan obtain the relative efficiency value = 0.81, which means less efficient. In order to achieve the level of efficiency relative = 1, then the office of Johan Pahlawan unit should increase the number of variables output by 41.18%. where an increase in the output variable Johan Pahlawan office unit for the amount of credit granted is Rp. 910 515 743 and for the income (revenue) amounting to Rp. 2738029201.Keywords : Bank Performance, Data Envelopment Analysis (DEA), relative efisiensi.

scholarly journals EFISIENSI PEGADAIAN SYARIAH DAN PROSPEK PERTUMBUHAN ASET DI INDONESIA

2017 ◽  
Vol 1 (1) ◽  
pp. 59
Author(s):  
Roikhan Roikhan
Keyword(s):  
Data Envelopment Analysis ◽  
System Dynamics ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Statements ◽  
Data Envelopment ◽  
Analysis Method ◽  
Purposive Sampling ◽  
Input Variables ◽  
Administrative Expenses

The purpose of this study is to analyze the efficiency of Islamic Pawnshop together with four competitors and analyze the prospects for assets growth of the Islamic pawnshop in Indonesia. This study is quantitative analyze research with secondary data of annual financial statements from the Islamic Pawnshop and four competitors during 2008-2014. The sampling technique is the purposive sampling with sample of the Islamic Pawnshop and four competitors in Indonesia. This study uses analysis efficiency of the Data Envelopment Analysis method. Input variables are: the load bonus, deposit wadiah, general and administrative expenses, salaries and allowances, and other expenses, and the output variables are: murabaha margin revenue, other services revenues, and loan qardh. Then this study uses analyze prospects based on System Dynamics methods. The results showed efficiency of Islamic Pawnshop can reach value of 100 percent for 2008-2014 compared to its competitors that reach only 97.42 percent. And the prospect of an asset for Islamic Pawnshop can get optimistically in 2025 to reach Rp 116 trillion in the presence of inorganic action. 

scholarly journals Efisiensi Universitas Badan Layanan Umum dengan Metode Data Envelopment Analysis

2018 ◽  
Vol 3 (1) ◽  
pp. 35-42
Author(s):  
Rikki Okto Saputra
Keyword(s):  
Data Envelopment Analysis ◽  
Regression Method ◽  
Educational Services ◽  
Research Use ◽  
Data Envelopment ◽  
Output Variable ◽  
Dea Method ◽  
Input Variables ◽  
Method Analysis

This research purposed to simulate measurement of efficiency in BLU Universities with Data Envelopment Analysis (DEA) method. The object of this research are universities that already have BLU status on January 1st, 2013. This research use DEA method analysis to measure the efficiency of each university and regression method analysis as a support for method of analysis to determine which variable that give most influence to efficiency. The variables used in this research are total lecturers, total students, and amount of expenditure realization for input variables, also amount of income from educational services, and total alumnus for output variable. The result of this research showed that total of efficient universities almost the same as The total of ineffiecient universities. There are 11 efficient universities, whereas there are 10 inefficient universities. The most influenced variable to level of efficiency is variable input total student. Abstrak Penelitian ini bertujuan untuk mensimulasikan pengukuran efisiensi pada universitas BLU dengan metode Data Envelopment Analysis (DEA). Objek dari penelitian ini yaitu universitas yang telah berstatus sebagai BLU pada tanggal 1 Januari 2013. Metode analisis yang digunakan dalam penelitian ini yaitu metode DEA yang digunakan untuk mengukur tingkat efisiensi dari masing-masing universitas dan metode analisis regresi sebagai metode analisis penunjang untuk menentukan variabel mana yang paling berpengaruh terhadap efisiensi. Variable yang digunakan dalam penelitian yaitu jumlah dosen, jumlah mahasiswa, dan jumlah realisasi belanja untuk variabel input, serta jumlah pendapatan dari jasa pendidikan dan jumlah lulusan merupakan variabel output. Hasil penelitian menunjukkan jumlah universitas efisien dan inefisien hampir sama besar. Universitas efisien berjumlah 11 universitas, sedangkan universitas inefisien berjumlah 10 universitas. Variabel yang paling berpengaruh terhadap tingkat efisiensi yaitu variabel input jumlah mahasiswa.

scholarly journals How Efficient are Islamic Banks in Indonesia, Saudi Arabia, and the United Kingdom?

ETIKONOMI ◽  
2020 ◽  
Vol 19 (2) ◽  
Author(s):  
Suhail Suhail ◽  
Mohamad Soleh Nurzaman
Keyword(s):  
Saudi Arabia ◽  
United Kingdom ◽  
Data Envelopment Analysis ◽  
Data Envelopment ◽  
Islamic Banks ◽  
The United Kingdom ◽  
Source Data ◽  
Dea Method ◽  
Overall Efficiency ◽  
Input Variables

This research aims to analyze the efficiency level of 13 Islamic Banks in Indonesia, Saudi Arabia, and the United Kingdom from 2015 to 2019. The calculation of the efficiency level in this study is relative, not absolute. This study uses the Data Envelopment Analysis (DEA) method and source data from Bankscope and Bank Focus. This research consists of 3 input variables that are Total of Assets (X1), Staff Expenses (X2) and Total Deposit (X3), and 2 Output that is Income (Y1) and Loan (Y2). This research finds that the overall efficiency level of 13 Islamic banks in Indonesia, Saudi Arabia, and the United Kingdom are fluctuating. According to the result, the Islamic banks in Saudi Arabia is more efficient than in Indonesia and the United Kingdom. There are some inefficient variables—the solution for this inefficiency problem achieve by employing managerial simulation generated by DEA. This study implies that Islamic banks should reduce wasteful variables and optimize the variables that improve the efficiency.JEL Classification: C1, F30, G20, G21How to Cite:Suhail., & Nurzaman, M. S. (2020). How Efficient are Islamic Banks in Indonesia, Saudi Arabia, and the United Kingdom?. Etikonomi: Jurnal Ekonomi, 19(2), xx – xx. https://doi.org/10.15408/etk.v19i2.15862.

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