SUKUK RATING AND FINANCIAL RATIO IN ISLAMIC BANKS

The sukuk rating in capital market world is important because it will be considered by investors in determining investment decisions, on the other hand, that the rating will provide relevant information regarding the companies that issue sukuk, which will be in accordance with the main purpose of the sukuk rating, namely reducing the information asymmetry of issuers and investors purpose of this study is to discuss the effect of profitability ratios, liquidity ratios, leverage and productivity ratios on sukuk ratings in Islamic banking institutions issuing sukuk. By using purposive sampling from 14 Islamic banking institutions, 6 Islamic bank institutions were obtained as research samples in the 2015-2019 period, which were analyzed using multiple linear regression showing that only the productivity variable had a significant and positive influence on the rating of sukuk in Islamic banking institutions, although, with a positive coefficient, profitability does not have a significant effect on the sukuk rating, while the liquidity and leverage variables do not have a significant effect and form a negative relationship pattern on the sukuk rating in Indonesian Islamic banking institutions that issue sukuk.

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Relationship Analysis of Islamic Banking between Malaysia and Pakistan

Journal of Management Info ◽

10.31580/jmi.v5i4.114 ◽

2018 ◽

Vol 5 (4) ◽

pp. 1-6

Author(s):

Khurram Faisal Jamal

Keyword(s):

Large Range ◽

Primary Objective ◽

Islamic Banking ◽

Islamic Banks ◽

Relationship Analysis ◽

Banking Institutions ◽

Qualitative Technique ◽

Performance Problem ◽

Very High ◽

Product Preference

Islamic banking is basically a system of financial intermediation, its primary objective is to avoid receipt and payment of interest. Islam does not only prohibit dealing with interest but also with liquor, pork, gambling, pornography and any other thing which are considered haram according to Shariah. The objectives of the research is to study and describe the Islamic financing techniques used by Islamic banking institutions in Malaysia and Pakistan. For this research seven variables Promotion, Product, Preference, Knowledge, Performance, Problem and Infrastructure was taken. Qualitative technique was used to answer the research objective. The findings of research indicate that lack of awareness of Islamic banking is very high in Pakistan as compared to Malaysia. A few promotions were used by Islamic banks in Pakistan while in Malaysia customers are knowledgeable about Islamic banking because banks promote them aggressively. There is a need of government and education sector support to promote Islamic banking in both countries. The study also found that Islamic banks in Malaysia have large range of products as compared to Pakistan. The practitioners from both countries are agreed at this point that BBA, Ijarah and Murabaha are more profitable and less risky than Musharaka and Mudaraba. The Islamic banking products are almost used for same purposes in both countries while some differences are also exists. Keywords: Islamic Finance, Comparative Study, Malaysia, Pakistan

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Design Analysis of CIMB Bank’s Website

Jurnal Teknologi ◽

10.11113/jt.v66.1840 ◽

2013 ◽

Vol 66 (1) ◽

Cited By ~ 1

Author(s):

Muhammad Ridhwan Ab. Aziz ◽

Mohammad Mahbub Alam Noorizzuddin Nooh

Keyword(s):

Design Analysis ◽

Islamic Banking ◽

Website Design ◽

Islamic Banks ◽

Future Researcher ◽

Market Shares ◽

The World ◽

Banking Institutions ◽

Banking Institution ◽

Conventional And Islamic Banks

Islamic banking has emerged in recent decades as one of the most important trends in the financial world, side by side with conventional banking. Website design has become a very powerful tool in disseminating information of a particular banking institution and this phenomenon has been fully utilized by both conventional and Islamic banks throughout the world. The purpose of this article is to analyze website design of CIMB Bank that offers both conventional and Islamic financing facilities. The methodology employed in this article is qualitative in nature through examining the websites of CIMB Bank. The finding shows that CIMB Bank needs to improve their both website designs in order to attract more customers to their websites and give true information with regard of their products and services. It is further suggested that future researcher tries to explore more in-depth website designs in terms of products and services provided by the conventional and Islamic banking institutions in order to increase their market shares.

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'MAQASID AL-SHARIAH' IN ISLAMIC BANKS BEFORE VALUE-BASED INTERMEDIATION IMPLEMENTATION

Social and Management Research Journal ◽

10.24191/smrj.v18i2.14907 ◽

2021 ◽

Vol 18 (2) ◽

pp. 173-189

Author(s):

Sharifah Faigah Syed Alwi ◽

◽

Fateha Abd Halim ◽

Tengku Dewi Ahdiyaty Tengku Ahmad Mazlin ◽

Aizurra Haidah Abdul Kadir ◽

...

Keyword(s):

Qualitative Methodology ◽

Islamic Law ◽

Human Life ◽

Islamic Banking ◽

Islamic Banks ◽

Structured Interviews ◽

The Public ◽

Library Research ◽

Banking Institutions ◽

Banking Operations

Bank Negara Malaysia (BNM) had introduced Value-Based Intermediation (VBI) initiatives to help Islamic banks implement a structuralised form of maqasid al-shariah (objectives of shariah (Islamic law)) in their banking operations. Thus, questions were raised by the public on whether or not Islamic banking institutions in Malaysia had been achieving maqasid al-shariah in their banking operations prior to VBI. This paper aims to discuss the real concept of maqasid al-shariah that should be realised in Islamic banks and investigate whether Islamic banks had truly been achieving maqasid al-shariah in their banking operations before the introduction of VBI. Library research is conducted to obtain information on maqasid al-shariah and the qualitative methodology is adopted to gain information from three bankers representing three Islamic banks in Malaysia via semi-structured interviews. The researchers found that the fundamental concept of maqasid al-shariah in Islamic banks includes the protection of religion, life, intellect, progeny and wealth in human life through the products and services offered by the banks. The Islamic banks were found to have developed their products and services to achieve maqasid al-shariah even before VBI was introduced by BNM. However, with VBI, a proper framework in achieving maqasid al-shariah has been developed.

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Participative Banking in Turkey

Growth and Emerging Prospects of International Islamic Banking - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-7998-1611-9.ch008 ◽

2020 ◽

pp. 141-154

Author(s):

Serpil Altınırmak ◽

Cumhur Şahin ◽

Çağlar Karamaşa ◽

Basil Oluch Okoth

Keyword(s):

Performance Analysis ◽

Financial Institutions ◽

Commercial Banks ◽

Fuzzy Ahp ◽

Fuzzy Topsis ◽

Islamic Banking ◽

Islamic Banks ◽

Equal Rights ◽

Profitability Ratios ◽

Interval Valued

Islamic banks were established as private financial institutions in Turkey based on a law enacted in 1983. Private financial institutions succeeded to have equal rights with commercial banks subject to banking law in 2001. The name of private financial institutions was changed to participation banks in 2005 because of being insufficient in terms of Islamic banking transactions. This chapter includes a performance analysis of participation banks listed in Turkey by considering the efficiency and profitability ratios within the period of 2007-2016 using interval-valued pythagorean fuzzy AHP based fuzzy TOPSIS. Three participation banks, Albaraka Türk, Türkiye Finans, and Kuveyt Turk, were examined for the mentioned period.

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PENGARUH SUKUK RITEL PEMERINTAH TERHADAP PENGHIMPUNAN DANA PIHAK KETIGA BANK SYARIAH

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v18i2.3096 ◽

2018 ◽

Vol 18 (2) ◽

pp. 153

Author(s):

Rizal Yaya ◽

Ekta Sofiyana

Keyword(s):

Linear Regression ◽

Multiple Linear Regression ◽

Negative Influence ◽

Positive Influence ◽

Third Parties ◽

Islamic Banking ◽

Company Size ◽

Islamic Banks ◽

The Third

This research aims at investigating factors that influence third parties funds (TPF) of Indonesian Islamic banks during the issuance of government retail sukuk 2012-2015. Data are taken from quarterly statistical reports of Indonesian Islamic banking and analysed by using multiple linear regression. The results show that retail sukuk has negative influence, while offices number, company size, and return for the third parties have positive influence on TPF collected. As having negative influence, Islamic banks should anticipate future issuance of retail sukuk by improving their internal performance. Failing to anticipate it, they may suffer of decreasing amount of TPF.

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Early Warning Signals to Predict Islamic Bank Failure

Asia Proceedings of Social Sciences ◽

10.31580/apss.v2i2.429 ◽

2018 ◽

Vol 2 (2) ◽

pp. 147-151

Author(s):

Zahid ur Rehman Khokher

Keyword(s):

North Africa ◽

Early Warning ◽

Logistic Model ◽

Islamic Banking ◽

Islamic Banks ◽

Warning Signals ◽

Early Warning Signals ◽

Leverage Ratio ◽

Macroeconomic Variables ◽

Banking Institutions

The paper empiricialy tests the use of various stability factors as early warning signals that can effectively predict the failure in Islamic banking institutions. These early warning signals enable the regulatory and supervisory authorities to take timely corrective action to safeguard the interest of fund providers such as depositors, investment account holders, creditors as well as other stakeholders. Using a 10-year panel data of 65 Islamic banks from 13 banking systems in the Middle East, North Africa, Asia and Europe, this study uses six stability indicators of CAMELS supervisory framework in a logistic model to see their effecitveness in predicting distress in Islamic banks. The model is then extended with the alternative capital are leverage ratios as well as macroeconomic variables in order to see whether simple leverage ratio offers better estimation results than the complex, risk weighted measures as debated by (Haldane, 2012).

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ANALISIS PENGARUH FINANCING TO DEPOSIT RATIO (FDR) TERHADAP PROFITABILITAS PERBANKAN SYARIAH DI INDONESIA

Walisongo Jurnal Penelitian Sosial Keagamaan ◽

10.21580/ws.19.1.212 ◽

2011 ◽

Vol 19 (1) ◽

pp. 47

Author(s):

Suryani Suryani

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Linear Regression Analysis ◽

Research Data ◽

Islamic Banking ◽

Islamic Banks ◽

Simple Linear Regression ◽

Financial Ratio ◽

Simple Linear Regression Analysis ◽

Business Units

This study aimed to (1) analyze the condition of Financing to Deposit Ratio (FDR) of Islamic Banking in Indonesia, (2) analyze the profitability of sharia banking in Indonesia; and (3) to analyze the influence of Financing to Deposit Ratio (FDR) of the profitability of sharia banking in Indonesia. This study took samples at Islamic banks in Indonesia including 11 Islamic Banks (BUS), 23 Business Units of Sharia Banking (UUS). The research data is from Islamic Banking Statistics published by Bank Indonesia from January 2008 until December 2010 (Financial Ratio Study to BUS and UUS period 2008-2010). The number of Islamic banks used is 34 banks. The technique uses simple linear regression analysis with the help of the program EVIEWS version 5.***Kajian ini bertujuan untuk: (1) menganalisis kondisi Financing to Deposit Ratio (FDR) pada Perbankan Syariah di Indonesia, (2) menganalisis profitabilitas perbankan syariah di Indonesia (3) menganalisis pengaruh Financing to Deposit Ratio (FDR) profitabilitas perbankan syariah di Indonesia. Sampel dari kajian ini meliputi 11 bank syariah (BUS), 23 Unit Usaha Syariah (UUS). Data peneitian ini diperoleh dari Statistik Perbankan Syariah yang diterbitkan oleh Bank Indonesia dari bulan Januari 2008 hingga Desembar 2010 (Kajian mengenai Financial Ratio BUS dan UUS dalam periode 2008-2010) Sebanyak 34 bank dilibatkan dalam penelitian ini. Adapun teknik yang digunakan dalam kajian ini adalah analisis regresi linear dengan bantuan program EVIEWS versi 5.

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

The Journal of Management Theory and Practice (JMTP) ◽

10.37231/jmtp.2021.2.1.95 ◽

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.

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Faktor-faktor yang mempengaruhi volume pembiayaan berbasis bagi hasil dan rasio bopo pada perbankan syariah

Jurnal Bisnis dan Akuntansi ◽

10.34208/jba.v19i1.60 ◽

2018 ◽

Vol 19 (1) ◽

pp. 1-12

Author(s):

WIRMAN WIRMAN

Keyword(s):

Regression Analysis ◽

Interest Rate ◽

Multiple Regression Analysis ◽

Cost Sharing ◽

Revenue Sharing ◽

Islamic Banking ◽

Islamic Banks ◽

Factors Affecting ◽

Banking Institutions ◽

Banking Institution

The objective of the study is to obtain empirical evidence of factors affecting the volume of financing based on cost sharing and the ratio of BOPO to Sharia Banking. The number of population in this study is the number of units analyzed consisting of all Islamic banks in Indonesia either BUS, UUS or BPRS. The method of selecting the sample used is purposive sampling. Testing using multiple regression analysis. The result of the research shows that there is influence of DPK to funding based on the result of mudharabah and musyarakah in both syariah banking institution in Indonesia. There is an effect of earnings on financing based on the sharing of mudharabah and musharaka in both Islamic banking institutions in Indonesia. There is no effect of NPF/non-performing financing on Mudharabah-based finance sharing in BUS in Indonesia. However, the NPF has a significant effect on mudharabah-based revenue sharing at the SRB. There is no effect of NPF / non-performing financing on the musharaka-based financing of the BUS in Indonesia. However, the NPF has a significant effect on the musharaka-based sharing financing in the SRB. There is no effect of interest rate on cost sharing based on mudharabah and musyarakah result in sharia banking in Indonesia. There is a funding effect based on the results of mudharabah and musyarakah on the ratio of BOPO in both Islamic banking institutions in Indonesia.

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

Jurnal Maksipreneur Manajemen Koperasi dan Entrepreneurship ◽

10.30588/jmp.v8i1.391 ◽

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

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.

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