scholarly journals Pengelolaan Sumber Daya Insani dalam Memasarkan Produk dan Jasa Lembaga Keuangan Syariah

2019 ◽  
Vol 5 (1) ◽  
pp. 1-10
Author(s):  
Melis Melis
Keyword(s):  
Human Resources ◽  
Financial Institutions ◽  
Financial Institution ◽  
Islamic Banks ◽  
Islamic Financial Institutions ◽  
Good For

This research discusses the management of human resources in marketing the products and services of Islamic financial institutions. The results of this study prove that Islamic banks and financial institutions in Indonesia are developing very fast. However, the image of banks and Islamic financial institutions in Indonesia is not good. For this reason, several policies in managing Islamic financial institutions need to be addressed. One of them is the aspect of human resources. An employee of a bank and an Islamic financial institution that is accepted must have a good personality, an expert in muqalah fiqh, knowledge of Islamic financial institutions, computers / IT and so on. They must be people who support strongly to practice Islamic economics in their lives.  

scholarly journals A SUCCINCT ANALYSIS OF MITIGATING LIQUIDITY RISK IN ISLAMIC BANKS IN THE LIGHT OF LIQUIDITY AND RISK MANAGEMENT PRINCIPLES

2019 ◽  
Vol 4 (1) ◽  
pp. 527
Author(s):  
Atharyanshah Puneri ◽  
Naeem Suleman Dhiraj ◽  
Hafiz Benraheem
Keyword(s):  
Risk Management ◽  
Financial Institutions ◽  
Financial Institution ◽  
Real Life ◽  
Liquidity Risk ◽  
Islamic Banks ◽  
Liquidity Management ◽  
Islamic Financial Institutions ◽  
The Subject ◽  
Key Aspects

Liquidity management has been incessantly challenging for the financialinstitutions and especially Islamic financial institutions due to their nature of business. The�convoluted nature of liquidity management impedes the task of Islamic banks in managing�their liquidity efficiently. Given the intricacies of the subject matter, this paper delves into�elaborating the key aspects of liquidity management; subsequently, discusses the�consequences of poor liquidity management and problems inherent in managing the latter by�analyzing the real-life failure of Islamic financial institution as a result identifying the issues that could possibly jeopardize the existence of the Islamic banks. Finally, equipping the�readers with tools to mitigate the liquidity risk.

scholarly journals Upaya Fintech Syariah Mendorong Akselerasi Pertumbuhan UMKM di Indonesia

2021 ◽  
Vol 7 (1) ◽  
pp. 41
Author(s):  
Saripudin Saripudin ◽  
Prameswara Samofa Nadya ◽  
Muhammad Iqbal
Keyword(s):  
Civil Society ◽  
Human Resources ◽  
Financial Institutions ◽  
Swot Analysis ◽  
Islamic Banks ◽  
Managerial Skills ◽  
Islamic Financial Institutions

Compared to other Islamic financial institutions, Islamic Fintech has some advantages in accelerating the growth of SME Enterprises in Indonesia. Nevertheless, the existence of Islamic Fintech is not free from various problems, such as regulation aspect, human resources aspect, also perception of society and potential fraud. This research sought to find solution of the problems with SWOT analysis, then comparing the aspects each other to find out strategies in the effort of growing Islamic fintech for accelerating SME Enterprises. The results are some strategies consisting of, first, ecosystem strengthening between Islamic Fintech, government, academics and civil society, including Islamic Fintech customers and Islamic Banks. Second, optimalization potential of Islamic Fintech in managerial skills also Islamic contracts capacity. Last, massive and targeted socialization and promotion of Islamic Fintech.

scholarly journals Pengembangan Sumber Daya Insani Di Lembaga Keuangan Islam

2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Mohammad Afif
Keyword(s):  
Human Resources ◽  
Human Nature ◽  
Financial Institutions ◽  
Financial Institution ◽  
Muslim Country ◽  
Human Resources Planning ◽  
The World ◽  
Islamic Financial Institutions ◽  
Resources Planning ◽  
Rules Set

Islamic financial institutions began to flourish in Indonesia. Naturally there is a demand for creating human resources with good morality and professional in carrying out its duty, mission and vision. Talking about human resources, in fact, we can see from two aspects, namely the quantity and quality. Islamic financial institution requires two aspects. Islamic financial institutions will exist when supported by adequate human resources for the development, which is actually Indonesian with the biggest Muslim country of in the world, so that the market share for Islamic financial Institution is very potential. Therefore, it is ironic if the Islamic financial institution can not flourish in Indonesia. It is necessary for strategic steps in the establishment of the Islamic financial Institutions. Thus, Islamic character of this vision is a solution that is a manifestation of human nature as a creature of Allah, who is in every movement and steps always use the rules set by Allah. The occurrence of fraud by operators of Islamic financial institutions because he is out of the nature of faith and choose the wrong path. So it is important for a leader being model, to pay attention, oversee, audit and punish managers who disapprove his nature, both in financial terms and non financial problems. Founder, trustees, managers may commit violation because of unlimited power, due to excessive power. Excessive confidence sometimes opens human opportunities to get out of the nature of faith. This article will try to explain the development of human resources in Islamic financial institutions, which includes the importance of human resources planning, the principles of employees planning in Islamic financial institutions, the process of human resources planning in Islamic financial institutions, the values of recruitment, the stages of recruitment, the technique of potential seeking in recruitment, and so forth. Keywords: Islamic financial institution, Human resources

scholarly journals 5C Principles in Profit and Loss Sharing Financing on Baitul Maal Wattamwil as Islamic Micro Finance In Indonesia

2020 ◽  
Vol 3 (2) ◽  
pp. 196
Author(s):  
Prawitra Thalib ◽  
Sri Hajati ◽  
Faizal Kurniawan ◽  
Komari Aldiansyah
Keyword(s):  
Financial Institutions ◽  
Financial Institution ◽  
Profit Sharing ◽  
Islamic Banks ◽  
Cooperation Agreement ◽  
Islamic Financial Institutions ◽  
Muslim Communities ◽  
Operational Aspects ◽  
Mutual Agreement

Baitul Maal wat Tamwil is a financial institution with a sharia concept that was born as a choice that changes the concept of maal and tamwil in one institution. The concept of maal was born and became part of the lives of Muslim communities in terms of collecting and distributing funds for zakat, infaq and shadaqah) productively. While the Tamwil concept was born for purely business activities to benefit from the middle to micro sectors of society. One of the financing activities carried out by BMT is financing based on profit sharing principles. Profit sharing is done by two types with mudharabah and musyarakah contracts. musyarakah is derived from the word syirkah, also called syarikah, which means a cooperation agreement between two or more parties for certain businesses, each party providing the assistance fund, and will be borne together in accordance with the aid fund, or mutual agreement. The methods used in the writing of this article are normative research using a statute approach and a conceptual approach.the result of this research indicates distribution of funds or financing must pay attention to various matters relating to caution both from within and from outside the Islamic Financial Institutions of Islamic Banks and Non-Islamic Banks. Matters issued from internships are in the form of Legal Lending Limit (LLL), financing guidelines, operational aspects. Aside from internal, things that are of caution are also excluded from the external supported by 5C analysis (Character, Condition, Capacity, Capital, Guarantee) and sharia compliance). This analysis must be considered in channeling financing to avoid elements forbidden in Islam.

scholarly journals Pandangan Hukum Islam terhadap Status Muflis (Debitur Pailit) sebagai Gharimin (Mustahik Zakat)

2022 ◽  
Vol 4 (3) ◽  
pp. 528-544
Author(s):  
Desi Ratnasari ◽  
Muhammad Iqbal Fasa ◽  
A. Kumedi Ja’far
Keyword(s):  
Financial Institutions ◽  
Public Interest ◽  
Islamic Law ◽  
Financial Institution ◽  
Islamic Banks ◽  
The Status ◽  
Islamic Financial Institutions ◽  
Islamic Economic ◽  
Islamic Insurance ◽  
To Receive

The development of sharia economy in Indonesia is increasing. Islamic economic development can be seen from the development of Islamic financial institutions and the Islamic financial instruments they offer, ranging from Islamic banks, Islamic capital markets, and Islamic insurance. With these developments, nowadays financing activities with sharia contracts are increasing and growing rapidly. However, only a few can pay it off. In other words, non-performing financing or bad loans at Islamic financial institutions often occur. Non-performing financing caused by the inability of the customer as a debtor to pay debts to a financial institution as a creditor resulted in the customer being bankrupted by the financial institution as a creditor. Bankruptcy is defined as the inability of the debtor or debtor (can be a person, legal entity, company) which is proven based on a court decision that the debtor has stopped paying his debts (unable to pay off debts) which results in general confiscation of his assets, so that the debtor is no longer entitled to manage his assets. . If it is associated with zakat, one of the ashnaf of zakat is gharimin or people who are in debt. Zakat institutions in Indonesia have not made bankrupt customers as gharimin who are entitled to receive zakat. The formulation of the problem in this paper is to find out the views of Islamic law on the status of bankrupt debtors as gharimin. The conclusion is that the status of a bankrupt debtor can be determined as a gharimin who is entitled to receive zakat. The use of debt in question can be for personal or public interest. The distribution pattern can use the qardh hasan pattern where the zakat given to the gharimin is not to be owned but to be returned again. The zakat funds are not only used to pay off debts, they can also be used as initial capital for bankrupt debtors to restart their business. Keywords: bankrupt debtor, gharimin, zakat mustahik.

Pengembangan Sumber Daya Insani Di Lembaga Keuangan Islam

2016 ◽  
Vol 1 (1) ◽  
pp. 140-151
Author(s):  
Mohammad Afif
Keyword(s):  
Human Resources ◽  
Human Nature ◽  
Financial Institutions ◽  
Financial Institution ◽  
Muslim Country ◽  
Human Resources Planning ◽  
The World ◽  
Islamic Financial Institutions ◽  
Resources Planning ◽  
Rules Set

Islamic financial institutions began to flourish in Indonesia. Naturally there is a demand for creating human resources with good morality and professional in carrying out its duty, mission and vision. Talking about human resources, in fact, we can see from two aspects, namely the quantity and quality. Islamic financial institution requires two aspects. Islamic financial institutions will exist when supported by adequate human resources for the development, which is actually Indonesian with the biggest Muslim country of in the world, so that the market share for Islamic financial Institution is very potential. Therefore, it is ironic if the Islamic financial institution can not flourish in Indonesia. It is necessary for strategic steps in the establishment of the Islamic financial Institutions. Thus, Islamic character of this vision is a solution that is a manifestation of human nature as a creature of Allah, who is in every movement and steps always use the rules set by Allah. The occurrence of fraud by operators of Islamic financial institutions because he is out of the nature of faith and choose the wrong path. So it is important for a leader being model, to pay attention, oversee, audit and punish managers who disapprove his nature, both in financial terms and non financial problems. Founder, trustees, managers may commit violation because of unlimited power, due to excessive power. Excessive confidence sometimes opens human opportunities to get out of the nature of faith. This article will try to explain the development of human resources in Islamic financial institutions, which includes the importance of human resources planning, the principles of employees planning in Islamic financial institutions, the process of human resources planning in Islamic financial institutions, the values ​​of recruitment, the stages of recruitment, the technique of potential seeking in recruitment, and so forth

scholarly journals Shariah Disclosure Practices in Malaysian Islamic Banks using the Shariah Disclosure Index

2021 ◽  
Vol 4 (SI) ◽  
Author(s):  
Noraini Mohd Ariffin ◽  
Fatima Abdul Hamid ◽  
Nur Afiqah Md Amin
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Financial Institution ◽  
Advisory Council ◽  
Annual Reports ◽  
Islamic Banks ◽  
High Compliance ◽  
Financial Products ◽  
Full Compliance ◽  
Islamic Financial Institutions

Islamic banks are required to ensure their operations and activities comply with the Shariah principles. According to Islamic Financial Services Act (2013) in Malaysia, all operations and activities of Islamic financial institutions including Islamic banks have to comply with decisions made by the Shariah Advisory Council (SAC) of Bank Negara Malaysia (BNM) and the Shariah Committee (SC) of the Islamic financial institution to ensure Shariah compliance. In practice, Shariah compliance is considered a crucial factor by bank stakeholders, especially Muslim customers in their decision to use Islamic financial products. Thus, one of the ways for Islamic banks to convey their Shariah-compliance to their stakeholders is through annual reports. This study examines the level of compliance on Shariah disclosure in the annual reports of Malaysian Islamic banks. A Shariah disclosure index, comprising mandatory and voluntary items, was developed from Bank Negara Malaysia (BNM) guidelines and Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards. Shariah disclosure data were collected from the annual reports for the year 2016 of the 16 Islamic banks in Malaysia. Based on Institutional Theory, this study hypothesised high compliance, however the results revealed that none of the banks had full compliance to the mandatory items. Nevertheless, some of these banks disclosed voluntary items. The findings provide useful insights to the regulators and stakeholders on Islamic banks’ compliance on Shariah disclosure. The study also reveals the importance of disclosing additional items in the annual reports of Islamic banks.

scholarly journals COMPARISON OF SHARIA AUDITING AND SHARIA ACCOUNTING IN THE ERA OF INDUSTRIAL REVOLUTION 4.0

2021 ◽  
Vol 2 (1) ◽  
pp. 24-38
Author(s):  
Hisam Ahyani
Keyword(s):  
Financial Institutions ◽  
Research Method ◽  
Qualitative Data ◽  
Industrial Revolution ◽  
Financial Institution ◽  
Accounting System ◽  
Islamic Banks ◽  
Islamic Financial Institutions ◽  
Branding Value ◽  
A Company

This research is based on the neglect and lack of socialization of sharia auditing and sharia accounting in an era that is all digital like today. The purpose of this research is to determine the extent of the urgency of sharia auditing and accounting if it is applied in Indonesia, especially in the era of disruption like today, where the current era of disruption has created a separate challenge from the existence of sharia audits and operations which continue to experience developments in the scope of the sharia economy. especially in Indonesia. The research method used in scientific research is literature review by reviewing literature (books and journals and other articles) that support the themes to be discussed (sharia auditing and accounting). The nature of this research is descriptive-analytic using qualitative data analysis. This study resulted in the finding that the urgency of sharia auditing is needed, especially in Islamic banks or non-bank institutions such as LKS (Islamic financial institutions) in Indonesia. Sharia accounting is needed in order to increase the branding value of a company from the accounting system used to ensure the superiority of a bank or Islamic financial institution in Indonesia, especially in the era of disruption (industrial era 4.0) as it is today.

scholarly journals QARDHUL HASAN DALAM PERSFEKTIF HUKUM ISLAM PADA BAITUL MAAL WA TAMWIL (BMT) DAN IMPLEMENTASINYA

2019 ◽  
Vol 1 (1) ◽  
pp. 44-58
Author(s):  
Muhamad Bisri Mustofa ◽  
Mifta Khatul Khoir
Keyword(s):  
Financial Institutions ◽  
Islamic Law ◽  
Financial Institution ◽  
Social Institution ◽  
Small Communities ◽  
Economic Law ◽  
Potential Source ◽  
Islamic Financial Institutions

Abstract In the implementation of Islamic Financial Institutions such as the Baitul Maal wa Tamwil (BMT) there are various ways of collecting funds and channeling funds. Funds are collected through wadi'ah deposits and deposits. While the distribution of funds is done by murabahah, mudharabah, musyarakah, rahn (pawn), ijarah, ijarah multijasa and qardhul hasan financing. Qardhul Hasan's financing is the orientation of the function of the Islamic Financial Institution (Baitul Maal Wa Tamwil) as a social institution. Qardhul hasan is a soft loan given on the basis of mere social obligations. In this case the borrower is not required to return anything except the amount borrowed. In Qardhul Hasan financing there are pillars and conditions, namely the perpetrator of the contract consisting of muqtaridh (borrower), muqridh (lender), qardh (fund), shighat ijab and qabul willingness for both parties and funds used for something useful and lawful. Qardhul Hasan is an activity to achieve a predetermined goal or target by the relevant Islamic financial institutions. The mechanism for implementing Qardhul Hasan is solely aimed at providing assistance to meet the needs of small communities. Thus it can be seen that the form of borrowing through Qardhul Hasan is in accordance with the principles of sharia economic law, the potential source of Qardhul Hasan's funding is quite large if it is utilized and managed optimally and its implementation is very useful for the community. Keywords: Qardhul Hasan, Islamic Law, BMT

scholarly journals Collecting Fees for Safekeeping of Collateral: Rules and Applications in the Contemporary Islamic Financial Institutions

2020 ◽  
Vol 9 (1) ◽  
pp. 50-53
Keyword(s):  
Financial Institutions ◽  
Islamic Law ◽  
Market Price ◽  
Point Of View ◽  
Actual Cost ◽  
Islamic Banks ◽  
Maturity Date ◽  
Islamic Financial Institutions

The study aims to examine the Shari’ah legality of whether pledgor or pledgee should take care of collateral (marhun) during the period of the loan. Moreover, the study seeks to provide possible applications for the pledge (rahn) and clarify Shari’ah rules for each application. Malaysian Islamic banks apply pledge products by offering loans (qardh hasan) to the customers and requesting gold assets as collateral against a loan. The banks charge safekeeping fees to keep the gold until the maturity date of the loan. This practice combines loan and sale contracts in a single transaction. Accordingly, the study seeks to evaluate this practice from an Islamic point of view. Islamic law categorizes loans under charity contracts while the sale is categorized under contracts of exchange (mu’awadhat). The nature of the two contracts is different. Therefore, the study examines categories that combine loans and contracts of exchange in one transaction. The results reveal that it is not permissible for the pledgee to charge fees higher than market fees for the keeping of collateral. Charging fees that are higher than the market price is considered riba. According to Shari’ah rules, any kind of benefit derived from a loan is riba and thus it is prohibited. However, charging fees that are comparable to the market price and cover the actual cost for safekeeping of collateral is permissible. According to Islamic Fiqh Academy resolutions and AAOIFI standards, Islamic banks may charge fees for safekeeping of gold collateral considering that fees should be to the market fees and should only cover actual expenses.

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