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Microprudential Indicators of Financial System Stability: An AHP Approach Rani, Lina Nugraha; Rusydiana, Aam Slamet; Hasib, Fatin Fadhilah
Accounting and Sustainability Vol. 2 No. 2 (2023): Accounting and Sustainability
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/as.v2i2.386

Abstract

In general there are two indicators of financial system stability, namely microprudential and macroprudential. Among macroprudential indicators are economic growth, balance of payments, inflation rate, interest and exchange rates, crisis contagion effect, and many others. Different from the previous researches concerning financial system stability measurement, this research will use the financial and banking practitioners' perspective regarding the leading indicator in measuring financial system stability so that we can presumably determine the real leading financial stability indicator for the current situation using Analytic Hierarchy Process (AHP) method. This study will look at the indicator of financial system stability from a microprudential perspective in Indonesia. The results show that based on the results of interviews with experts/banking practitioners, the 3 (three) most important aspects are Capital & Asset (0.187), Profitability (0.186) and Asset Quality (0.177). Important indicators of financial system stability from the next microprudential aspect are Liquidity (0.176), Market-based Indicators (0.139) and finally Risk Sensitivity (0.136). The Macroprudential Policy and microprudentials issued by Bank Indonesia as the central bank that has full authority, play an important role in maintaining Financial System Stability (SSK) in Indonesia.
Pengaruh Service Quality, Emotional Attachment, dan Religiosity terhadap Customer Loyalty Nasabah BSI di Jawa Timur dengan Customer Satisfaction Sebagai Variabel Intervening Ibrahim, Mohamad Rafli; Hasib, Fatin Fadhilah; A'la, Al Ma'rifatul
Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol 6 No 3 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Research and Strategic Studies Center (Pusat Riset dan Kajian Strategis) Fakultas Syariah IAI Nasional Laa Roiba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i3.5267

Abstract

The purpose of this study is to determine the effect of service quality, emotional attachment, and religiosity for the Bank Syariah Indonesia’s customer loyalty using customer satisfaction as a mediating variable. The research method is carried out with a quantitatice approach sourced from primary data, The sample obtained was 297 respondent who were general public who have a relation with the organizer or staff of Masyarakat Ekonomi Syariah jawa Timur. This study uses the SEM-PLS (Structural Equation Modeling – Partial Least Square) analysisi technique using SmartLPLS4. The findings suggest that service quality do not have a significant direct effect on customer loyalty, but have a significant indirect effect on customer loyalty. Emotional attachment and religiosity have a significant direct and indirect effect on customer loyalty mediated by customer satisfaction. The limitation of this study was only examine the customer of Bank Syariah Indonesia in East Java, and only focuses on variables as service quality, emotional attachment, religiosity, customer satisfaction, and customer loyalty. This research implicates that loyalty of the customers may increase from a strong attachment between customer and Bank Syariah Indonesia and their individual devotion to Allah SWT, not by service evaluation. Customer’s feeling when using bank may increase their commitment to Bank Syariah Indonesia
Analytic Network Process on Early Warning Indicators for Financial System Stability Rani, Lina Nugraha; Hasib, Fatin Fadhilah
Islamic Economics Methodology Vol. 3 No. 1 (2024): Islamic Economics Methodology
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/iem.v2i2.520

Abstract

The purpose of this research is to find out the leading indicators of financial crisis from the perspective of expert practitioners, micro and macroeconomic sides; Based on the results of interviews with banking practitioner experts, related to the most important indicators of financial system stability in Indonesia, both microprudential and macroprudential criteria, both aspects are equally considered important and priority. However, from the practitioners' perspective, the microprudential aspect is a more important factor (0.506) than the macroprudential aspect (0.494). Macroprudential and Microprudential policies issued by Bank Indonesia as the central bank with full authority play an important role in maintaining Financial System Stability. The presence of the Financial System Stability Coordination Forum (FKSSK) which consists of several financial authorities is expected to be able to save the economic conditions of the Indonesian nation in the financial sector. For future research, this study is expected to be an initial step. For example, by further expanding the number of expert respondents who are not only from banking practitioners, but also from academics and policy makers.
STRATEGI PENINGKATAN PRODUKTIVITAS DAN PENDAPATAN PETERNAK SAPI PERAH PASCA PMK MELALUI TEKNOLOGI SILASE DAN PEMASARAN PRODUK SUSU DI DESA CARANGWULUNG, WONOSALAM, JOMBANG Sabdoningrum, Emy Koestanti; Hidanah, Sri; Al Arif, Mohammad Anam; Yudaniayanti, Ira Sari; Hasib, Fatin Fadhilah; Soeharsono, Soeharsono; Rahmawati, Kadek; Rosyada, Zulfi Nur Amrina
Jurnal Abdi Insani Vol 11 No 4 (2024): Jurnal Abdi Insani
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/abdiinsani.v11i4.1797

Abstract

Carangwulung Village in Wonosalam District, Jombang Regency, faces challenges in milk production due to the Foot and Mouth Disease (FMD) outbreak. This community service program aims to improve the productivity and income of dairy farmers through the application of silage fodder processing technology and effective milk product marketing strategies. The methodology includes counseling and direct practice on silage making and marketing of dairy products to farmers in Carangwulung village, Wonosalam, Jombang. Participants were taught how to make silage feeds from local materials and broader marketing techniques using social media and online marketplaces. The results show a significant increase in farmers' knowledge and skills regarding silage technology and marketing. Awareness of FMD prevention and management also increased. The application of silage technology successfully improved fodder quality and milk productivity, while marketing strategies helped farmers expand market access and increase product value. In conclusion, this program effectively achieved its goal of enhancing the welfare and food security of dairy farmers in Carangwulung Village. Through the introduced technologies and strategies, farmers are now better prepared to face production and marketing challenges, supporting the sustainability of their farming operations.
Super Efisiensi dan Analisis Sensitivitas Dea: Aplikasi pada Bank Umum Syariah di Indonesia Rusydiana, Aam; Hasib, Fatin Fadhilah
Amwaluna: Jurnal Ekonomi dan Keuangan Syariah Vol. 4 No. 1 (2020): Amwaluna : Jurnal Ekonomi dan Keuangan Syariah
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v4i1.8082

Abstract

The framework for measuring the performance of Islamic banks is related to the concept of efficiency that has been widely implemented. However, there is a deficiency of the DEA model, especially in determining the best ranking of the DMU when there are several DMU units which are equally worth 1. In this study, Islamic banks in Indonesia were used as objects of study. After calculating the super efficiency, then the research will measure the level of influence of each variable on the relative efficiency value through sensitivity analysis. The results showed that, in super efficiency the highest value was owned by BSM bank in 2016 with a relative efficiency value of 1,351, followed by Bank Mega Syariah 2016 with 1,202 and BMI 2016 of 1,175. For sensitivity analysis, the efficiency value of Islamic banks was very sensitive to value output variables, especially operating income variables.
Economic Independence of Islamic Boarding Schools Mi'raj, Denizar Abdurrahman; Zaki, Irham; Hasib, Fatin Fadhilah
AMWALUNA (Jurnal Ekonomi dan Keuangan Syariah) Vol 7, No 2 (2023)
Publisher : Univeristas Islam Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v7i2.7778

Abstract

Historically, Islamic boarding schools or pesantren have contributed greatly to the advancement of Islamic civilization in Indonesia. In addition to its function in the field of education, pesantren also have an important role in empowering the economy of the people. The independence of the pesantren can be applied to provide motivation and encouragement to students to become established in the economic field. This study uses a qualitative approach with a case study method. The purpose of this study is to describe the form of economic independence of pesantren using a case study at Riyadlul Jannah Islamic boarding school, Pacet. A pesantren that has a strong vision and mission in the fields of economy and empowerment. The finding of this research is that pesantren provide intensive education and instil an entrepreneurial spirit to the students, even brainwashing about the importance of entrepreneurship is given. The independence that is carried out is also not fixed on theory alone, but also in direct application to the various business units owned by the Islamic boarding school. Some of the business units owned by the Islamic boarding schools are restaurants, agriculture and fisheries, printing, mineral water production, and tours & travel.
A Risk-Based Bank Rating: Studi Multi Kasus pada Perbankan Syariah Rofiqoh, Siti Nur Indah; Ratnasari, Ririn Tri; Rufaidah, Anik; Hasib, Fatin Fadhilah
Jihbiz : Jurnal Ekonomi, Keuangan dan Perbankan Syariah Vol 6 No 1 (2022)
Publisher : Universitas Islam Raden Rahmat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (422.032 KB) | DOI: 10.33379/jihbiz.v6i1.1039

Abstract

This paper aims to explain the internal and external factors on the credit risk that represented by Non-Performing Financing (NPF) of sharia bank. Internal variables related to Capital Adequacy Ratio (CAR), Financing to Deposit Ratio (FDR). Return on Assets (ROA), Operating Expenses Ratio (OER), Investment Proportion and Risk (IPR), Profit and Loss Sharing (PLS) as financing ratio. External variables related to Gross Domestic Product (GDP) by industrial origin. The annual data report of Statistik Perbankan Syariah (SPS) and Statistik Ekonomi Keuangan Indonesia (SEKI) in Indonesia as secondary data is used to support priority setting of SWOT analysis element to complete IFAS dan EFAS after the multiple regression analysis. Different with the result of regression t and f-Statistic analysis, the finding indicated that internal variables more influence than external variable on the credit risk based on SWOT priority analysis. The most influence variable on the credit risk is increasing Operating Expenses Ratio (OER). The limitations of this paper are expected to have difference implication for SPS, the sharia compliance from regulator management and the important role of SPS and SEKI.
Chi-square test on Islamic Economic Research Rofiqoh, Siti Nur Indah; Triratnasari, Ririn; Rahmatillah, Nelly; Hasib, Fatin Fadhilah; Alimin, Alimin
International Conference on Islamic Economic (ICIE) Vol. 2 No. 1 (2023): April
Publisher : Sekolah Tinggi Agama Islam Darul Ulum Banyuanyar Pamekasan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58223/icie.v2i1.200

Abstract

In Islamic economic research, we may collect categorical variable data. Using statistical analysis, chi-square test can be an alternative to evaluate those data. Furthermore, the analysis of chi-square test can be aimed at evaluating the differences between study groups according to the assign degree of error. This article also explains the purpose of chi-square test, the Karl Person chi-square hypothesis, what type of data can use in chi-square test, the assumptions of chi-square analysis and also the rule to analyze categorical variables data in sharia economics research.
The Role of Zakat, Infaq, Sadaqah (ZIS), HDI, and Government Expenditure on Poverty Alleviation: Economic Growth as an Intervening Variable Kamarni, Neng; Utami, Yuli; Hasib, Fatin Fadhilah
Islamic Research Vol 7 No 1 (2024): Islamic Research
Publisher : Perhimpunan Intelektual Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47076/jkpis.v7i1.236

Abstract

Zakat, Infaq, and Sadaqah are forms of instruments in Islam that are one of the tools in reducing poverty. Islam instructs its people not to feel that their property is theirs entirely, but in that property, there are rights for other people. This study aims to find out how the influence of ZIS (Zakat, Infaq, and Sadaqah), Human Development Index (IPM), and Government Expenditures on Poverty with Economic Growth as Intervening Variables in West Sumatra for the 2015-2020 period. This research is quantitative research using panel data. The data collection method is carried out by accessing reports that have been carried out by the Central Statistics Agency, and the West Sumatra Amil Zakat Agency (BAZNAS). The data that has been obtained is then processed using Structural Equation Modeling Partial Least Square. The research results show that ZIS and HDI have a negative relationship and a significant influence on poverty in West Sumatra. The important role of ZIS is proven in alleviating poverty if it is managed properly. Meanwhile, government spending has a positive and insignificant effect on poverty in West Sumatra. Government spending is meaningless if it is not accompanied by good planning and management.
Spin-Off Policy of Sharia Bank: Is It Profitable? Rusydiana, Aam Slamet; Devi, Abrista; Hasib, Fatin Fadhilah; Rani, Lina Nugraha
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 11 No. 2 (2019)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v11i2.9157

Abstract

According to Law No 21/ 2008, a Sharia Business Unit (SBU) owned by a Conventional Commercial Bank (CCB) is required to separate from its Parent Bank before 2023. Some Sharia Business Units have initiated a separation step from Conventional Commercial Bank. At the same time, they are required to keep the level of efficiency in running their business operations. This paper is intended to analyze the efficiency level of Sharia Business Units that have separated from its parent bank and compare the efficiency level before and after separation. The method used is Data Envelopment Analysis (DEA) and Paired Sample t-Test. T he results show that, based on the total average efficiency of all spin-off sharia banks (in this case four sharia banks namely BNI Sharia, BRI Sharia, BJB Sharia and Bukopin Sharia Bank), there is a decrease in technical efficiency and pure technical efficiency before and after the spin-off. This is a cost adjustment is needed in the early periods of spin-off. Sharia banks require a 'weaning' from their parents. Nevertheless, there is no statistically significant difference in the efficiency levels between before and after the spin-off. Abstrak:Menurut UU No 21/2008, Unit Bisnis Syariah (SBU) yang dimiliki oleh Bank Umum Konvensional (CCB) diharuskan untuk berpisah dari Induknya sebelum tahun 2023. Beberapa Unit Bisnis Syariah telah memulai langkah-langkah pembukaan dari Bank Umum Konvensional. Namun, mereka dituntut untuk menjaga tingkat efisiensi dalam menjalankan bisnisnya. Studi ini menganalisis tingkat efisiensi Unit Bisnis Syariah yang telah terpisah dari induknya dan kemudian membandingkan tingkat efisiensi sebelum dan sesudahnya. Metode yang digunakan adalah Data Envelopment Analysis (DEA) dan Paired Sample t-Test. Hasil penelitian ini menunjukkan bahwa berdasarkan total efisiensi rata-rata semua spin-off bank syariah (dalam hal ini empat bank syariah yaitu BNI Syariah, BRI Syariah, BJB Syariah dan Bank Syariah Bukopin), terdapat penurunan efisiensi secara teknis di bank syariah dari sebelum dan sesudah spin off. Hal ini terjadi karena pada periode awal spin-off, ada penyesuaian biaya pada spin-off bank syariah. Bank syariah membutuhkan 'penyapihan' dari orang tua mereka. Namun demikian, tidak terdapat perbedaan yang signifikan secara statistik dalam tingkat efisiensi antara sebelum dan sesudahnya. Hal ini dapat menjadi referensi bagi Unit Bisnis Syariah lainnya dalam mengambil keputusan untuk segera melakukan spin-off, tentunya disertai dengan perencanaan dan implementasi yang hati-hati dan bijaksana.