Alhabshi, Syed Musa
Unknown Affiliation

Published : 4 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 4 Documents
Search

Sustainability of Waqf Muhammadiyah: A Historical Study from Past to Present Junarti, Junarti; Alhabshi, Syed Musa; Mardika, Isnan Hari; Anwar, Saiful
The International Journal of Business Review (The Jobs Review) Vol 4, No 1 (2021): The International Journal of Business Review. June 2021
Publisher : Fakultas Pendidikan Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/tjr.v4i1.36486

Abstract

Waqf has an essential role in the successful development of the Persyarikatan Muhammadiyah. In addition to religious services, the Muhammadiyah Persyarikatan attempt to use waqf land for social and educational establishments. Report of the Councils of the Central Board of Muhammadiyah 2010- 2015 (PP-Muhammadiyah, 2015) on the development of Muhammadiyah's charitable efforts, particularly in education, health, and public welfare economic, and da'wah. Furthermore, there are around 3,717 ha of waqf assets and fix managed by the Muhammadiyah organization. Muhammadiyah movement succeeds to manage Waqf for social welfare. However, many people are not familiar with the basic ideas of Waqf for the charitable effort by KH. Ahmad Dahlan. The study of this scientific paper uses a qualitative paradigm with reviews literature to examine the history and phenomena of Waqf Muhammadiyah from aspects of personality and thoughts and ideas of KH. Ahmad Dahlan revealed the external acts (words and deeds) in developing Muhammadiyah in Indonesia. Furthermore, it provides descriptive data to present the condition of waqf Muhammadiyah from history until the present. Lastly, this study concludes that the community's trust for Waqf in Muhammadiyah is still very high. The future of Waqf Muhammadiyah is the chain of the past and the present.
Lowly or Negative Benchmark Rates Bandwagon: Any Risk Implications for Islamic banks? Chattha, Jamshaid Anwar; Alhabshi, Syed Musa
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 10 No. 1 (2018)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v10i1.6121

Abstract

To stimulate the economy, regulators across all jurisdictions have been taking unconventional approaches. Thus, in recent years, the management of benchmark rates (or interest rates) has received considerable prominence in the banking sector due to some reasons including supervision banks' benchmark rates under Basel II. This paper reviews the possible dysfunctional implications of lowly and/or negative rates and provides a risk management and regulatory perspective for Islamic banks. These consequences call for a better risk management with appropriate tools and effective supervisory oversight. It hoped that the initial discussion presented in this paper on the implications and controls invites a broader debate on this issue in the Islamic financial services industry. DOI: 10.15408/aiq.v10i1.6121
Estimation of Duration Gap and its Determinants for Islamic Banks: Empirical Evidence using Two-Step Robust GMM Chattha, Jamshaid Anwar; Alhabshi, Syed Musa
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 13 No. 1 (2021)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v13i1.13868

Abstract

Abstract. Banking industry is risk management business. One specific risk is the rate of return risk (ROR) in the banking book. This study estimates the duration gap of IBs and its determinants in the context of ROR risk. Using Duration Gap Model and Two-Step Robust Generalized Method of Moments (GMM), with a sample of 50 IBs from 13 countries, for the period 2007-2015, our empirical findings are: (a) time series and cross-sectional duration gap of IBs reflecting significant variations across the banks and countries; (b) IBs have a general tendency of maintaining a higher duration gap compared to their conventional counterparts, and are exposed to increasing ROR risk due to their larger duration gaps and severe liquidity mismatches; and (c) there is significant difference in the estimated coefficients of idiosyncratic factors influencing the duration gaps of IBs. This study provides direction to the IBs to reflect upon the significance of liquidity mismatch risk.Abstrak. Industri perbankan adalah bisnis manajemen risiko. Salah satu risiko spesifik adalah risiko tingkat pengembalian (ROR) dalam banking book. Studi ini memperkirakan kesenjangan durasi IB dan determinannya dalam konteks risiko ROR. Menggunakan Duration Gap Model dan Two-Step Robust Generalized Method of Moments (GMM), dengan sampel 50 IB dari 13 negara, untuk periode 2007-2015, temuan empiris kami adalah: (a) time series dan cross-sectional durasi gap IB yang mencerminkan variasi signifikan di seluruh bank dan negara; (b) IB memiliki kecenderungan umum untuk mempertahankan kesenjangan durasi yang lebih tinggi dibandingkan dengan rekanan konvensional mereka, dan terpapar pada peningkatan risiko ROR karena kesenjangan durasi yang lebih besar dan ketidaksesuaian likuiditas yang parah; dan (c) terdapat perbedaan yang signifikan dalam estimasi koefisien faktor idiosinkratik yang mempengaruhi kesenjangan durasi IB. Studi ini memberikan arahan kepada IB untuk merenungkan pentingnya risiko ketidaksesuaian likuiditas.  
WAQF AND LEGACY OF ALTRUISM IN SINGAPORE: CHALLENGES AND DEVELOPMENT Listiana, Lisa; Alhabshi, Syed Musa
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 6 No. 1 (2020): JANUARY-JUNE 2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v6i1.19736

Abstract

The success story of waqf development in Singapore has been significantly acknowledged. The successful experience warrants for learning models for comparative experiences among other Muslim countries in Asia. This study document and analyze to share two main research objectives related to the Waqf practices. First, it aims to explore and elaborate on the dynamics of waqf administration and property development in Singapore. Second, analyzes the significance of past altruistic waqf landmark activities towards the Muslim community in Singapore. Based on prior studies, this research phenomenon has yet to be addressed and highlighted in any previous study. A qualitative approach with a case study research design is applied in this research. In-depth semi-structured interview sessions with 4 private mutawallis are complemented with reviews of relevant documents. This study finds that external factors, including mandatory acquisition by the government, higher living costs, and several legal restrictions represent the main challenges to the waqf sector in the country. On other hand, effective governing roles played by MUIS as waqf authority in the country enable the initiative of new waqf type and redevelopment of existing waqf properties. In the present time, these endowed properties provide benefits not only for the Muslim community in Singapore but also to significant other beneficiaries outside Singapore. The findings of this study indicate that the legacy of waqf inspires altruism in the modern Singaporean Muslim community. It becomes the basis for contemporary waqf practice among Muslims in Singapore and assists them to be a self-sustaining passionate and harmonic community.Keywords: Altruism, Legacy, Muslim Community, Singapore, Waqf