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Trends and evolution in Islamic social finance research: A comprehensive bibliometric study Sudarsono, Heri; Nugrohowati, Rindang Nuri Isnaini; Mifrahi, Mustika Noor; Tumewang, Yunice Karina; Fitriyani, Yeny; Lidasan, Mussolini Sinsuat
Review of Islamic Social Finance and Entrepreneurship Volume 4 Issue 1, 2025
Publisher : Center for Islamic Economics and Development Studies [P3EI]

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/RISFE.vol4.iss1.art4

Abstract

Purpose – This study provides a comprehensive overview of the current state of Islamic social finance literature using VOSviewer analysis to identify key themes, trends, and emerging areas in this field.Methodology – A bibliometric analysis was conducted using VOSviewer to map and visualize key concepts and emerging topics in the Islamic social finance literature. The analysis focuses on the term "Islamic social finance’."Findings – The analysis confirms the foundational role of traditional concepts, such as "Islamic social finance, " in the literature and identifies emerging themes, such as the impact of Covid-19 and economic crises. These findings highlight the evolution of literature and its adaptation to contemporary global challenges.Implications – This study underscores the need to explore how established concepts in Islamic social finance can be applied to address modern socioeconomic issues. The identification of emerging themes suggests potential areas for future research, particularly regarding how Islamic social finance can contribute to solving global challenges. For practitioners, the insights gained can serve as a guide for the development of Islamic financial products that are context-sensitive and align with both traditional principles and contemporary needs.Originality – This study makes a unique contribution by using bibliometric analysis to map the evolving landscape of Islamic social finance research, highlighting both established and emerging areas of interest. The findings of this study provide valuable insights for future research and practical application in this field.
Pengaruh variabel makro ekonomi terhadap pendapatan nasional di Negara ASEAN Putri, Widya Nurmilenia; Nugrohowati, Rindang Nuri Isnaini
Jurnal Kebijakan Ekonomi dan Keuangan Volume 2 Issue 2, Desember 2023
Publisher : Jurusan Ilmu Ekonomi, Fakultas Bisnis dan Ekonomika, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/JKEK.vol2.iss2.art5

Abstract

Purpose – This research aims to analyze the influence of inflation, Foreign Direct Investment (FDI), exchange rates, political stability, rule of law, and control of corruption on national income in nine ASEAN countriesMethods – The research method used is panel data analysis in nine ASEAN countries from 2013 to 2019Findings – The research results show that inflation has a negative effect on national income, while Foreign Direct Investment (FDI) and the exchange rate have a positive effect on national income in ASEAN countries. However, political stability and rule of law do not have a significant influence on national income. Meanwhile, control of corruption has a negative influence on national income.Implications - The policy implications of this research are that the government needs to control macroeconomic variables and institutional quality variables such as inflation, FDI, exchange rates and control of corruption to increase National Income.Originality – This research contributes to analyzing the determinants of National Income in ASEAN countries using panel data analysis. AbstrakTujuan – Penelitian ini bertujuan untuk menganalisis pengaruh inflasi, Foreign Direct Investment (FDI), nilai tukar, political stability, rule of law, dan control of corruption terhadap pendapatan nasional di sembilan negara ASEAN. Metode – Metode penelitian yang digunakan yaitu analisis data panel di sembilan negara ASEAN dari tahun 2013 hingga 2019.Temuan – Hasil penelitian menunjukkan bahwa inflasi berpengaruh negatif terhadap pendapatan nasional, sedangkan Foreign Direct Investment (FDI) dan nilai tukar memiliki pengaruh positif terhadap pendapatan nasional di negara-negara ASEAN. Variabel political stability dan rule of law tidak memiliki pengaruh signifikan terhadap pendapatan nasional. Sedangkan control of corruption memiliki pengaruh yang negatif terhadap pendapatan nasional. Implikasi – Implikasi kebijakan dari penelitian ini pemerintah perlu mengendalikan variable makroekonomi dan variable kualitas institusi seperti Inflasi, FDI, nilai tukar dan control of corruption untuk meningkatkan Pendapatan Nasional.Orisinalitas – Penelitian ini berkontribusi dalam menganalisis determinan Pendapatan Nasional di negara ASEAN dengan menggunakan analisis data panel.
Determinan risiko kredit Bank Islam: Analisis lintas negara Ash Shidiqie, Jannahar Saddam; Pebruary, Silviana; Nugrohowati, Rindang Nuri Isnaini
Jurnal Kebijakan Ekonomi dan Keuangan Volume 3 Issue 1, Juni 2024
Publisher : Jurusan Ilmu Ekonomi, Fakultas Bisnis dan Ekonomika, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/JKEK.vol3.iss1.art5

Abstract

Purpose – This study aims to analyze the influence of bank-specific and macroeconomic factors on credit risk in Islamic banking Methods – The research method used is panel data analysis using Islamic banking data in 10 countries with the largest Islamic financial performance from the first quarter of 2014 to the second quarter of 2023. This study uses three credit risk measurement indicators, namely NPF, COVNPF, and COVTOT. Findings – The results of the study show that bank-specific variables such as total assets, CAR, ROE, BOPO, and Zscore affect the credit risk of Islamic banks. Meanwhile, macroeconomic conditions show that high inflation rates reduce credit risk, but on the other hand, exchange rate depreciation will worsen bad debts in Islamic banks. Implications - The policy implications of this study are that the government needs to control macroeconomic variables and ensure banking health through appropriate and effective regulation and supervision. Originality – This study contributes to analyzing the determinants of credit risk in Islamic banks using three credit risk indicators Abstrak Tujuan – Penelitian ini bertujuan untuk menganalisis pengaruh variable internal bank dan variable makroekonomi terhadap risiko kredit di perbankan Islam Metode – Metode penelitian yang digunakan yaitu analisis data panel dengan menggunakan data perbankan Islam di 10 negara dengan kinerja keuangan Islam terbesar dari kuartal satu tahun 2014 hingga kuartal kedua tahun 2023. Penelitian ini menggunakan tiga indikator pengukuran risiko kredit yaitu NPF, COVNPF, COVTOT. Tumuan – Hasil penelitian menunjukkan bahwa variable internal bank seperti Total asset, CAR, ROE, BOPO dan Zscore mempengaruhi risiko kredit bank Islam. Sementara itu dari kondisi makroekonomi menunjukkan bahwa tingginya tingkat inflasi justru menurunkan risiko kredit namun disisi lain depresiasi nilai tukar akan memperburuk kredi macet di bank Islam. Implikasi – Implikasi kebijakan dari penelitian ini yaitu pemerintah perlu mengendalikan variable makroekonomi dan memastikan kesehatan perbankan melalui regulasi dan pengawasan tepat dan yang efektif. Orisinalitas – Penelitian ini berkontribusi dalam menganalisis determinan risiko kredit di bank Islam menggunakan tiga indikator risiko kredit.
Impact of financial inclusion and institutional quality on banking stability: Lessons from the Asia region Nugrohowati, Rindang Nuri Isnaini; Ash Shidiqie, Jannahar Saddam
Economic Journal of Emerging Markets Volume 17 Issue 1, 2025
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol17.iss1.art2

Abstract

Purpose — This study examines the effects of financial inclusion and institutional quality on bank stability. It first examines the effects of banking on the whole Asian region and then the region according to income categories.Method — We use aggregate data from 2013 to 2021 to investigate banking stability in 39 Asian countries and apply the generalized method of Moments (GMM), specifically the first difference GMM and system GMM. In addition, this research uses Principal Component Analysis (PCA) to measure the composite variables of the financial inclusion index and institutional quality index. Findings — The findings demonstrate that overall financial inclusion has a favourable effect on Asian nations' banking systems. However, an examination based on income categories reveals some intriguing results: financial inclusion improves bank stability in lower- and upper-middle-income countries but does not affect high-income countries. In lower-middle-income countries, institutional quality has a detrimental effect on bank stability; in upper-middle-income and high-income countries, it has no effect.Implications — The availability of financial services to households and small and medium-sized enterprises (SMEs) significantly impacts the stability of Asian banks. Several policy recommendations are feasible to implement, including the need for collaboration between banks and the government to broaden banking services to all communities, particularly in lower-middle-income nations.Originality — Analyzing the differences in the impact of institutional quality and financial inclusion variables on banking stability in Asian countries according to income categories.