Claim Missing Document
Check
Articles

Found 2 Documents
Search

Enhancing Financial Literacy of Indonesian Migrant Workers in Malaysia through the Sikapi Uangmu Application Ariyani Rahmawati; Fahri Ahzar; Samsul Rosadi
International Journal Of Community Service Vol. 4 No. 4 (2024): November 2024 (Indonesia - Thailand - Malaysia)
Publisher : CV. Inara in Colaboration with www.stie-sampit.ac.id

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51601/ijcs.v4i4.818

Abstract

This community service program aims to improve the financial literacy of Indonesian Migrant Workers in Malaysia through direct training and digital technology, specifically, the Sikapi Uangmu application developed by the Financial Services Authority. Indonesian Migrant Workers often face challenges in managing their income, particularly in budgeting, investing, and handling debt. This program is designed to equip them with practical financial skills, enabling them to reduce financial risks and prepare for a more stable financial future. The results of this community service program indicate a significant improvement in Indonesian Migrant Workers' ability to manage their finances, including budgeting, selecting safe investments, and managing debt. The Sikapi Uangmu application provides easy and interactive access to financial information, allowing Indonesian Migrant Workers to engage in self-directed learning. Although the program has been successful, several challenges still need to be addressed, such as the digital divide and resistance to changing financial behaviors. Overall, the program has had both short-term and long-term positive impacts on Indonesian Migrant Workers in Malaysia and their families in Indonesia. However, its sustainability requires further adjustments to overcome technological barriers and to support more sustainable financial behavior changes
Board Chairman Characteristics and Performance of Islamic Banks: Evidence From Islamic Banks in Indonesia and Malaysia Ayatullah Quddus; Imron Utama; Samsul Rosadi; Aryani Rahmawati
Journal of Accounting Inquiry Vol. 3 No. 2 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jai.2024.3.2.072-083

Abstract

Purpose: The purpose of this study is to explore the impact of chairman characteristics—specifically age, gender, and education level—on the performance of Islamic banks in Indonesia and Malaysia. The motivation for this research stems from the limited and mixed findings in existing literature regarding the role of leadership traits in shaping bank performance, especially in the context of Islamic banking. This research aims to fill the gap by analyzing how these specific characteristics influence the strategic decisions and overall performance of banks in these two countries, which are home to some of the largest Islamic banks globally. The key finding of this study is that while the age of the chairman significantly impacts performance, gender and education level do not show a notable effect. Methodology: The study employed a quantitative research methodology, using panel data from Islamic banks in Indonesia and Malaysia from 2015-2020. A panel data regression model was utilized to assess the influence of chairman characteristics on bank performance based on financial indicators such as return on assets (ROA). Data were collected from publicly available financial reports over a period of several years, and the characteristics of each chairman, such as age, gender, and education level, were analyzed in relation to these performance. Findings: The results of the regression analysis show that the age of the chairman has a significant positive relationship with bank performance. Older chairmen appear to contribute to better decision-making and long-term strategy formulation, which in turn improves the performance of Islamic banks. However, the gender and education level of the chairman were found to have no significant impact on the performance of these banks during the research period. This suggests that experience, reflected in age, plays a more crucial role than gender or educational background in determining bank performance.  Novelty: This study provides valuable insights into the role of leadership chairman characteristics in Islamic banks, with a focus on the importance of age as a key predictor of bank performance. By contrasting the effect of age with gender and education, this research contributes to the ongoing debate about leadership in the financial sector. The novelty lies in its focus on the specific context of Islamic banks in Indonesia and Malaysia, offering a regional perspective on how leadership traits influence bank success. Future research could further explore additional leadership traits or examine a larger dataset across different regions to strengthen these findings.