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Toward a Resilient Islamic Banking System: Insights from 14 Years of Research Wiranatakusuma, Dimas Bagus; Aprizal, Anggi; Yusof, Rosylin Mohd; Primambudi, Ganjar; Wahab, Norazlina Abd; binti Abdul Majid, Nurul Huda; Arundaya, Faiz Ajhar
ETIKONOMI Vol. 24 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v24i2.41440

Abstract

Research Originality: This research is unique in that it consolidates macroeconomic and institutional studies to better understand how Islamic banks absorb and recover from financial shocks. Research Objectives: To investigate the conceptual and empirical development of Islamic banking resilience over the past 14 years, concentrating on dominating variables and thematic clusters. Research Method: The research examines 42 peer-reviewed journal articles indexed in Scopus through a comprehensive systematic literature review (SLR) methodology utilizing bibliometric instruments. Empirical Results: Internal factors like capital adequacy, liquidity, and profitability, as well as macroeconomic indices like GDP and inflation, influence resilience. The keyword “bank resilience” is underused, implying a lack of conceptual consistency in the literature. JEL Classification: G21, G32, E44, E58, Z12 Implications: An integrated view of resilience in Islamic finance and the requirement for specialized regulatory frameworks and resilience-based performance metrics customized to Islamic banking principles has substantial implications for researchers, policymakers, and regulators.
Measuring Islamic Banking resilience: A case study of Nusa Tenggara Barat Province, Indonesia Wiranatakusuma, Dimas Bagus; Aprizal, Anggi
Economic Journal of Emerging Markets Volume 17 Issue 2, 2025
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol17.iss2.art6

Abstract

Purpose — Islamic banks in Nusa Tenggara Barat (NTB) province have experienced positive developments in assets, branches, and financing. This study aims to measure the resilience of Islamic banking in NTB using a composite bank variable and to determine how effectively the institution manages and absorbs various risks. Method — The data used consisted of monthly data from 2010 to 2023, covering several banking variables, including the Financing to Deposits Ratio (FDR), Non-Performing Financing (NPF), Bank Size (BS), and Third-Party Fund (TPF). The analysis method employed in this study was the early warning system (EWS), utilising a non-parametric signal extraction approach. Findings — All selected banking variables are used to measure the resilience of Islamic banking in NTB through the composite index of bank (CIB). The signal extraction method provides optimal thresholds for each selected banking variable and for the composite index (CIB). Visualisation results show the interval values that can absorb risk and maintain the resilience of Islamic banking as follows: (1) FDR between 81% and 102%; (2) NPF between 1.29% and 1.89%; (3) BS between 3.79% and 4.59%; (4) TPF between 4.16% and 4.58%; and (5) CIB between 10.66 and 28.14.Implications — Assessing the resilience of Islamic banking in NTB involves identifying key banking variables to pinpoint sources of risk exposure, determining the optimal time horizon for policy interventions, and setting appropriate thresholds for the surveillance mechanism.Originality — Currently, the resilience of Islamic banks at the provincial level has not been widely studied, particularly in NTB Province, where there has been a notable increase in Islamic banking offices and assets.
Does zakat impact poverty alleviation in Indonesia during Covid-19? Zulyanto, Aan; Wiranatakusuma, Dimas Bagus; Abdullah, Naziruddin; Yusuf, Muhammad K; Aprizal, Anggi
Jurnal Ekonomi & Studi Pembangunan Vol. 26 No. 1: April 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v26i1.26688

Abstract

Zakat functions as a crucial instrument for achieving developmental goals, including the improvement of individual welfare. This study aims to analyse the effect of zakat, as measured by the National Zakat Index (NZI), on poverty alleviation in Indonesia during the Covid-19 pandemic. This research utilizes panel data from 32 Indonesia provinces covering the period from 2020 to 2022, employing the Fixed Effect Model (FEM) analysis method. The current analysis has not found a statistically significant effect of the National Zakat Index on the decrease of poverty rates in Indonesia. A major element to the enduring poverty in Indonesia is the inadequate collection of national zakat money. The Covid-19 pandemic has led to a significant rise in the number of individuals living in poverty, thereby decreasing zakat payment collections. The NZI is an extensive index that encompasses both macro and micro aspects. The NZI is expected to function as an objective metric for assessing the efficacy of zakat administration in Indonesia. The establishment of efficient zakat management is anticipated to enhance poverty reduction efforts. The policy consequence derived from the findings is to enhance zakat management organizations. This study contributes to the relationship between zakat and poverty reduction from a macro-level perspective, unlike earlier research that focuses on micro-level data.
Co-Authors Aan Zulyanto, Aan Abbas, Elvina Nabilah Abdurrahman, Muhammad Rizal Abhirama, Muhammad Erga Achmad, Animsar Adhisena, Muhammad Adyun, Alif Farreihan Agus Tri Basuki Agustin, Annisa Rahmadania Agustin, Lola Aldila Ahmad, Abu Umar Faruq Alivia Mufiddatul Aryanti Alvino, Jevry Amini, Dwi Kurniawati Ananta, Gita Trizky Aprizal, Anggi Ardyanti, Febby Ferlita Ariba, Baarik Aru, Yazak Arumsari, Fanny Arundaya, Faiz Ajhar Aryani , Enggar Wahyu Putri Aziz, Azzam Bilal Abdul binti Abdul Majid, Nurul Huda Danuarta, Arya Dwi Deru, Muhammad Dewi, Nuur Aini Puspita Dwi Agustini, Dwi Dwiwahyu, Anisah Nurdina Evianto, Jimmy Frans Furi, Yesi Yustica Ginanjar, R. Fadhil Muhamad Hafidhi, Ilham Haq, Jejen Jaenul Husna , Jihan Arifah Husna, Maharoh Mawaddatul Idroes, Ghalieb Mutig Imamudin Yuliadi, Imamudin Johana, Engrasia Putri Kamil, Muhamad Kencana, Fawwaz Ardhan Kurniawan, Rifqi IR Caesario Kurniawati, Andhiani Kusherawti, Novia Mahardika, Kartika Kunthi Masyhudi Muqorobin Mochamad Rizki, Mochamad Naziruddin Abdullah Nida, Fathiya Zhahira Nindy, Aurellia Azh Novia, Khusnul Febryla Nurulhuda, Muhammad Farras Haykar Pajar, Eval Paputungan, Alvaizy Dwi Putra Prasellina, Levyna Cabytta Priani, Ade Lia Primambudi, Ganjar Putra, Riza Dian Ade Putri, Valda Ramadhan, Persistent Razak, Dzuljastri Abdul Rudiana, Melda Nurfadilah Saffana, AlifaNur Sa’diyah, Maya Rafifah Sobari, Indriyani Sugiarto, Faizmal Wahab, Norazlina Abd Wardani, Indri Eka Yudiyanto, Arif Yusof, Rosylin Mohd Yusuf, Muhammad K Zahra, Monica Kis Al Zahra, Nuha Adena Zurly, Deby Alicia