scholarly journals Islamic Banking Education in Maqasid al-Mu'amalat’sPerspective

2021 ◽  
Vol 3 (2) ◽  
pp. 10-21
Author(s):  
Oktaria Ardika Putri ◽  
Muhammad Solikhudin
Keyword(s):  
Tertiary Education ◽  
Banking System ◽  
Islamic Banking ◽  
Study Program ◽  
The Public ◽  
Islamic Financial Institutions ◽  
Banking Education ◽  
General Benefit ◽  
The Government ◽  
Keywords Education

Abstract: This article explains the role of tertiary education in Islamic banking in Indonesia with a review of maqa>s}id al-mu'a>mala>t. As known, the development of Islamic banking is still being pursued today. Accordingly, the public's need for an understanding of Islamic banking and the need for experts in the field of Islamic banking cannot be denied. Therefore, it requires experts who have graduated from the Islamic banking study program from universities, including the Kediri State Islamic Institute, to answer this challenge. The contribution of higher education in the Islamic banking study program to produce excellent graduates is an important thing that must be realized. Islamic banking education, when viewed by maqa>s}id al-mu'a>mala>t, it is known that real certainty is manifested, such as a comprehensive understanding of Islamic banking in terms of compliance with Islamic banking principles which includes compliance with the principles of Islamic banking. Sharia principles, prudential provisions, increased operational efficiency which will have an impact on high competitiveness and stability of the Islamic banking system as well as benefits to the economy. There is also a universal dimension, namely the general benefit between the government, Islamic financial institutions and the public.   Keywords: Education, Islamic Bank, Maqa>s}id al-Mu'a>mala>t. Abstrak: Artikel ini menerangkan peran pendidikan perguruan tinggi dalam perbankan syariah di Indonesia dengan tinjaun maqa>s}id al-mu’a>mala>t. Seperti diketahui, pengembangan perbankan syariah masih diupayakan sampai saat ini. Sesuai dengan itu, kebutuhan masyarakat terhadap pemahaman perbankan syariah serta kebutuhan tenaga ahli di bidang perbankan syariah tidak dapat dipungkiri. Oleh sebab itu, butuh tenaga ahli lulusan program studi perbankan syariah dari perguruan tinggi, termasuk Institut Agama Islam Negeri Kediri, untuk menjawab tantangan ini. Kontribusi pendidikan tinggi program studi perbankan syariah untuk melahirkan sarjana-sarjana yang unggul, merupakan hal penting yang harus direalisasikan. Pendidikan perbankan syariah, apabila ditinjau dengan maqa>s}id al-mu’a>mala>t, maka diketahui, terwujud kepastian yang nyata, seperti pemahaman yang menyeluruh tentang perbankan syariah dalam hal kepatuhan pada prinsip perbankan syariah yang meliputi kepatuhan pada prinsip-prinsip syariah, ketentuan kehati-hatian, peningkatan efisiensi operasional yang berdampak pada daya saing yang tinggi dan stabilitas sistem perbankan syariah serta kemanfaatan bagi perekonomian. Terwujud juga dimensi universal, yakni kemaslahatan umum antara pemerintah, lembaga keuangan syariah dan masyarakat.   Kata Kunci: Pendidikan, Bank Syariah, Maqa>s}id al-Mu’a>mala>t.

scholarly journals Malaysia: 30 Years of Islamic Banking Experience (1983-2012)

2012 ◽  
Vol 11 (10) ◽  
pp. 1133 ◽  
Author(s):  
Khiyar Abdalla Khiyar
Keyword(s):  
Capital Accumulation ◽  
Development Process ◽  
Free Market ◽  
Banking System ◽  
Islamic Banking ◽  
The Public ◽  
Banking And Finance ◽  
Chinese Origin ◽  
Market Economic ◽  
The Government

Malaysia proved to be at the forefront of Islamic banking and finance by adopting a dual banking system where the conventional and Islamic banking systems co-exist. The Islamic banking has been in operation since 1983 and offers a variety of Islamic financial instruments. In such a multi-ethnic and multi-religious country, customers get the financial products and services they like. In the early 1980s, the government encouraged all Malaysians to be involved in the fast-track development process with a vision to make Malaysia a fully industrialized country by the year 2020. Actually, the development of Malaysias dual banking system is tied up with its social and economic policy and that is why it was fully supported by the countrys top leadership in addition to the Central Bank, the Parliament, and the public in general. Islamic banks can motivate Muslims to increase savings and reduce hoarding. This kind of motivation was expected to enhance their participation in the development process contributing to savings mobilization and capital accumulation in order to improve their standard of living and bring them up to par with their countrymen of Chinese origin. Among the countries with a free market economic system, Malaysia has emerged as the first country to implement a dual banking and financial system. The Malaysian model has been recognized by many Islamic countries as the model to emulate.

scholarly journals ISLAMIC CORPORATE IDENTITY IN THE PRACTICE OF ANNUAL REPORT DISCLOSURE ISLAMIC BANK

2012 ◽  
Vol 1 (1) ◽  
pp. 34
Author(s):  
Ratih Paramitasari
Keyword(s):  
National Economy ◽  
Annual Report ◽  
Banking System ◽  
Corporate Identity ◽  
Annual Reports ◽  
Islamic Banking ◽  
Reporting Standards ◽  
Islamic Banks ◽  
Islamic Financial Institutions ◽  
The Ideal

<span>The development of Islamic banking is directed to provide great benefit to society and contribute optimally to the national economy. Islamic banking system and conventional banking system together synergistically supports the mobilization of public funds broadly improve the ability of finance to sectors of national economy. Together with the development of Islamic banking industry in Indonesia, there are many controversies from the community, where most problems highlighted are sticking the label of syariah in Islamic financial institutions are still considered not feasible. Based to these problems, researchers want to conduct this research on the suitability of the annual report disclosure practices of Islamic banks in Indonesia to the reporting standards that reflect the ideal of Islamic Corporate Identity.This study using a checklist for the data analysis consisting of the five themes and the eight dimensions that are should be disclosed in annual reports of Islamic banks. From the results of the assessment aspect of the checklist is then poured in the index EII (ethical identity index). From the calculation of EII, it can be seen that the annual report disclosure practices syariah banks for 2007, 2008, and 2009, has approached the ideal reporting standards that reflect the Islamic Corporate Identity.</span>

Empirical Study on Adoption of Islamic Banking System Using Quantitative Method:A Case Study of Afghanistan

10.26414/a169 ◽  
2021 ◽  
Author(s):  
Khatera Naseri ◽  
Ashurov Sharofiddin
Keyword(s):  
Diffusion Of Innovation ◽  
Banking System ◽  
Relative Advantage ◽  
Islamic Banking ◽  
Product Knowledge ◽  
Diffusion Of Innovation Theory ◽  
History Of ◽  
The Government ◽  
The Impact

Although the background of the banking system goes back as far as 1933, Islamic finance isstill new in Afghanistan. The history of the firstfull-fledged Islamic bank began asrecently as 2018 with the conversion ofBakhtarBank, a conventional bank, to the IslamicBank of Afghanistan (IBA). There have been numerousstudies done worldwide, but no empiricalstudy has examined the subject of Islamic banking adoption in the specific context of Afghanistan. Therefore, this presentstudy investigatesthe adoption ofIslamic banking in Afghanistan, using a case study of Herat province, based on Rogers’ (1983) Diffusion of Innovation Theory, to determine the impact of awareness,productknowledge,religiosity,relativeadvantage,compatibility, and complexity on the adoption of Islamic banking. A quantitative approach to the stratified convenience sampling method was used in this study. Questionnaires were distributed to 334 bank customers and the responses analyzed using SPSS v22. The multiple regression analysis finding indicated that product knowledge, relative advantage, and religiosity significantly and positively influenced the adoption of Islamic banking. It is suggested that the government and financial institutions should support Islamic banking with beneficial policies and initiatives to enhance the knowledge of the public about the significance of Islamic banking activities.

scholarly journals Edukasi Kesehatan Vaksin Dan Penerapan Protokol Kesehatan Covid-19 Pada Masyarakat Dusun Cenrana Desa Carawali Kabupaten Sidrap

2021 ◽  
Vol 4 (4) ◽  
pp. 808-813
Author(s):  
Asnuddin Asnuddin ◽  
Sri Sakinah ◽  
Meriem Meisyaroh S ◽  
Sulkifli Nurdin ◽  
Hasrul Hasrul ◽  
...  
Keyword(s):  
Health Education ◽  
Positive Response ◽  
Virus Disease ◽  
New Normal ◽  
The Public ◽  
The Government ◽  
Keywords Education

ABSTRAK Salah satu jenis penyakit baru dan belum pernah terdeteksi maupun terindetifikasi dari manusia, yang kemudian diberikan nama Coronavirus Disease 2019 (COVID19). Prinsip pencegahan dan strategi pengendalian secara umum saat ini masih belum ada vaksin untuk mencegah infeksi covid-19. Cara terbaik untuk mencegah infeksi adalah dengan menghindari terpapar virus penyebab. Tujuan setelah penyuluhan, diharapkan masyarakat dapat mengetahui manfaat dari vaksin dan selalu menerapkan protokol kesehatan dapat mencegah virus covid 19. Adapun kegiatan yang dilakukan berupa penyuluhan kesehatan tentang vaksin dan penerapan protokol kesehatan di era New Normal. Terdapat peningkatan pengetahuan pada masyarakat dalam pencegahan penyakit covid-19 pada masyarakat Dusun Cenrana Desa Carawali. Dengan demikian, pemberian penyuluhan pada masyarakat tentang pencegahan penyakit virus Covid-19 berjalan dengan baik dan mendapatkan respon yang positif dari masyarakat dan pihak pemerintahan. Kata Kunci : Edukasi, Vaksin, Protokol Kesehatan, dan Covid-19  ABSTRACT One of the new types of disease and has never been detected or identified from humans, which was later given the name Coronavirus Disease 2019 (COVID19). There is currently no vaccine to prevent infection with COVID-19. The best way to prevent infection is to avoid being exposed to the virus that causes it. The goal after the counseling is is hoped that the public can know the benefits of vaccines and always apply health protocols to prevent the covid 19 virus. The activities carried out are in the form of health education about vaccines and the application of health protocols in the New Normal era. There is an increase in knowledge in the community in preventing covid-19 disease in the Cenrana Hamlet community, Carawali Village. Thus, the provision of counseling to the public about the prevention of the Covid-19 virus disease went well and received a positive response from the community and the government. Keywords: Education, Vaccines, Health Protocols, and Covid-19

scholarly journals Liquidity Risk Management in Full-Fledged Islamic Banking System

2020 ◽  
Vol 6 ◽  
pp. 1
Author(s):  
Mai M Abdo ◽  
Ibrahim A Onour ◽  
◽  
Keyword(s):  
Budget Deficit ◽  
Banking System ◽  
Liquidity Risk ◽  
Positive Association ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Short Term ◽  
The Government ◽  
Short Term Investment ◽  
Investment Portfolios

This study aims to assess the determinants of liquidity risk in the full-fledged Islamic banking system of Sudan, using panel data regression. The dependent variable in this research is the liquidity risk, which is determined as the extreme excess or extreme shortage of liquidity in each bank, based on the VaR approach, and the independent variables are bank size, investment, profit, and the budget deficit during the period 2012-2016. The authors’ findings indicate the bankspecific variables such as the size, investment, and profit are statistically significant, whereas the budget deficit variable is negatively associated with liquidity risk but is insignificant. The insignificance of the budget deficit variable is an indication of the government reliance on its deficit financing on debt financing, i.e., excessive money creation, as contrary to equity financing. Also indicated in the paper is that the investment variable has a positive and significant effect on liquidity risk, indicating that Islamic banks’ investment portfolios are dominated by short-term securities (sikook). This result supports the findings in the literature that investment portfolios in Islamic banks are likely to be dominated by short-term investment securities as a result of the absence of risk-hedging tools in the Islamic banking system, in general. The finding in the paper also indicates a positive and significant sign of profit coefficient with liquidity risk, which is similar to the positive association between higher risk and higher earnings relationships portrayed in the literature of corporate finance. The effect of the size indicator on liquidity risk reveals a positive and significant association, implying that larger banks are more likely to face liquidity risks of shortage as well as excess liquidity.

scholarly journals THE REGIME SWITCHING OF CYCLE INSTABILITY OF ISLAMIC BANKING AND THE ECONOMY: EVIDENCE FROM INDONESIA, MALAYSIA, AND PAKISTAN

2021 ◽  
Vol 7 (2) ◽  
pp. 233-262
Author(s):  
Irfan Nurfalah ◽  
Aam Slamet Rusydiana
Keyword(s):  
Regime Switching ◽  
Markov Switching ◽  
Banking System ◽  
Research Data ◽  
Public Confidence ◽  
Islamic Banking ◽  
Z Score ◽  
Proxy Variable ◽  
The Public ◽  
Banking Stability

This study aims to examine the cyclical instability of Islamic banking in Indonesia, Malaysia, and Pakistan. A stable Islamic banking system can give the public confidence to conduct transactions and thus grow the economy. The proxy variable for stability used is the z-score, with 156 periods of research data from January 2007 to December 2019. The Markov Switching Vector Autoregression (MS-VAR) method was employed. The results show that Islamic banking stability in Indonesia based on the z-score is more stable than others. Nevertheless, in terms of the regression of all the variables, regime shifting, and the duration of the crisis, overall Malaysian Islamic banking displays the best performance. The instability of the Indonesian model is mostly affected by inflation, whereas Malaysia and Pakistan are affected by the financing to deposit ratio and the fluctuation in global oil, respectively.

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 Implikasi Teori Percampuran Akad Mudharabah Dan Musyarakah Terhadap Perbankan Syariah (Studi Kasus Bank Syariah Mandiri KCP Sumenep)

2020 ◽  
Vol 3 (1) ◽  
pp. 53-63
Author(s):  
Ahmad Shibghatullah Mujaddidi
Keyword(s):  
Financial Engineering ◽  
Revenue Sharing ◽  
Profit Sharing ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Financial Report ◽  
The Public ◽  
Islamic Financial Institutions ◽  
Descriptive Approach ◽  
Branch Office

  This paper aims at describing the implications of the theory of mixing and its products towards Islamic banking and Islamic financial institutions. A qualitative research methods with a descriptive approach was implemented in this study. The object of the current study was Sub-Branch Office (KCP) of the Syariah Mandiri Bank in Sumenep Regency. The results of this study indicated that the products of the Syariah Mandiri Bank KCP Sumenep in terms of the Musharaka financing contract consists of Musharaka mutanaqishah and musharaka of network capital. Musharaka mutanaqisha is applied in home financing in which the profits are obtained from the margin agreed by all parties. While, the musharaka of network capital uses a profit sharing system in which the profits are calculated through a revenue sharing system. In terms of juridical law, the Syariah Mandiri bank KCP Sumenep has followed the rules stated in the Sharia banking law of 2008 as well as in the fatwa of the National Sharia Board. Whereas, in the case of the application of musharaka accounting that has been regulated in International Financial Report Standard (PSAK), Sharia Mandiri Bank KCP Sumenep has accordingly applied the contract accounting of musharaka as regulated in PSAK 106. However, in terms of account recording (estimation), Islamic banks have not obeyed the rules stated in PSAK 106. Furthermore, this study concludes that there are still many customers who do not understand the contract of mudharabah at Syariah Mandiri Bank KCP Sumenep. It due to the lack of socialization from the banks to the public. In juridical perspective, the Sharia Mandiri Bank KCP Sumenep do not implements mudharabah contract based on fatwa of the National Sharia Board and do not apply the accounting based on PSAK 105. Therefore, it is categorized as Islamic/ sharia financial engineering.

THE CURRENT STATE OF THE BANKING SYSTEM OF SAUDI ARABIA

2017 ◽  
Author(s):  
Maryna Korol ◽  
◽  
Olha Shumnegra ◽  
Keyword(s):  
Saudi Arabia ◽  
Financial Services ◽  
Banking Sector ◽  
Banking System ◽  
Scientific Publication ◽  
Islamic Banking ◽  
Historical Aspect ◽  
Current State ◽  
The Government ◽  
And Control

This scientific publication analyzes the current state of the banking system of the Kingdom of Saudi Arabia. The peculiarities of the functioning of the Islamic banking system, the main types of financial products provided by banks and the laws under which financial services are provided to Muslims are identified. The basic principles of Islamic banking, which are prescribed in the Sharia, are described, such as, for example, the exclusion of interest on all financial transactions. There is also a list of major Saudi banks and foreign affiliates operating in the country. The historical aspect of the formation of the banking sector is studied. The main financial indicators are analyzed: the dynamics of assets, liabilities, the number of loans to private and corporate clients, the share of Saudi assets in global Islamic finance. Attention is also paid to the prospects and success of the stock market. The issue of management and control over the activities of banks and its role are studied. a list of specialized credit institutions established by the government to provide highly specialized loans to citizens of the kingdom. The positive dynamics of all indicators even in the conditions of global crises, thanks to the well-laid foundation and the further strategy concerning functioning in the conditions of the world pandemic are allocated. The list of the main internal problems which can suspend growth in the future is considered. The issue of the country's dependence on oil prices, with further impact on financial diversification, is considered separately. The prospects of the banking system of Saudi Arabia in the near future, and the role of the Kingdom as a partner in financial relations for the domestic economy are determined. Conclusions are made on the basis of the conducted research and prospects of further strategic development in this direction.

scholarly journals Investigating Students’ Perceptions of Language Terms through Technology at Dehasen University

2021 ◽  
Vol 7 (1) ◽  
pp. 94
Author(s):  
Mariska Febrianti ◽  
Azizatul Banat ◽  
Dhanu Ario Putra
Keyword(s):  
Physical Education ◽  
Research Result ◽  
Public Understanding ◽  
Survey Method ◽  
Education Students ◽  
Study Program ◽  
The Public ◽  
Physical Education Students ◽  
Education Levels ◽  
The Government

The Covid-19 pandemic has made various changes in all aspects of life, such as economy, social, politics, lifestyle and education. This can be seen from the government urging the public to limit their activities and enforce self-isolation so as to encourage increased access to technology. Technology has become a very important role and is needed in the current situation because the government urges to reduce social activities. Likewise in the field of education, with the Covid-19 pandemic, all learning processes at all education levels are conducted online. This is the basis for the findings of several previous studies related to the emergence of several new terms used by the government and socialized to the public related to pandemics. From those several previous studies, the researchers saw that there was no research related to the level of public understanding of new terms that appeared during the Covid-19 pandemic. Therefore, this study aims to determine the level of student understanding of new terms that emerged during the Covid-19 pandemic. This study used a survey method for students at University of Dehasen Bengkulu using a questionnaire. From the research result, it can be concluded that most students at University of Dehasen Bengkulu, specifically Physical Education Study Program do not know the new terms. This is because many of Physical Education students are in remote areas which are very affected by the weather and electricity, so accessing information on TV and the internet often faces obstacles.

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