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ISLAMIC BANK AND MONETARY POLICY: THE CASE OF INDONESIA Ponziani, Regi Muzio; Mariyanti, Tatik
International Journal of Islamic Economics and Finance (IJIEF) Vol 3, No 1 (2020): IJIEF Vol 3 (1), January 2020
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (528.095 KB) | DOI: 10.18196/ijief.2124

Abstract

Islamic bank in Indonesia exists side by side with its conventional counterpart within dual banking system, while the central bank aims to achieve price stability in the economy using conventional and Islamic monetary instruments within dual monetary system. This posits a very unique environment for Islamic bank. This research aims to examine the role of Islamic bank in monetary policy transmission mechanism using Granger Causality and Autoregressive Distributed Lag (ARDL). The balance sheet components of deposit and financing were hypothesized to function in monetary transmission process within bank financing channel. Granger causality revealed that Islamic interbank overnight rate granger causes Islamic deposit and financing. Islamic deposit and financing granger cause industrial production index. Industrial production index granger cause inflation, Islamic deposit, and Islamic interbank overnight rate. Islamic deposit and inflation granger cause Islamic interbank overnight rate. The ARDL results showed that there were cointegrating relationships in the output and inflation model. Long-term convergence could be reached to correct deviations in output and inflation by way of Islamic banks? deposit and financing. However, short-term influence is contributed only by Islamic banks? deposit to output. Islamic banks? deposit does not contribute in the short-run to inflation. Islamic banks? financing does not have short-term relationship with output and inflation. Hence, there is a declining effectiveness of Islamic banks? financing contribution to the economy.
ANALISIS LAPORAN KEUANGAN SEBAGAI ALAT DALAM MEMPREDIKSI KECENDERUNGAN TERJADINYA KEBANGKRUTAN PADA BANK UMUM SYARIAH; BNI SYARIAH, BRI SYARIAH, MANDIRI SYARIAH, MEGA SYARIAH, BUKOPIN SYARIAH (Suatu Studi Penggunaan Model Altman’s Z-Score) Azni Azni; Landes Yuanda; Zulhelmy M Hatta; Tatik Mariyanti
Jurnal Dakwah Risalah Vol 27, No 1 (2016): June 2016
Publisher : Universitas Islam Negeri Sultan Syarif Kasim Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24014/jdr.v27i1.2512

Abstract

Kebangkrutan perusahaan merupakan salah satu fenomena yang sering terjadidalam dunia usaha, baik itu dipengaruhi oleh pihak internal maupun eksternal perusahaan. Untuk mengantisipasi terjadinya kebangkrutan, maka pihak perusahaan seharusnya ada persiapan dini untuk mencegah agar tidak terjadi hal yang tidak diinginkan. Perusahaan dapat menilai kondisi perusahaannya yang sedang berjalan, agar dapat mengetahui tindakan apa yang tepat untuk memperbaiki kekurangan dan mempertahankan perusahaannya agar perusahaan dapat bertahan dan bersaing, salah satu perusahaan yang ada di Indonesia adalah Bank Umum Syariah. Tujuan dari penelitian ini adalah untuk memprediksi kecenderungan terjadinya kebangkrutan pada Bank Umum Syariah menggunakan modelAltman. Data yang digunakan dalam penelitian ini adalah data sekunder berupa laporan keuangan tahunan yang telah dipublikasikan oleh perbankan syariah periode 2010 sampai 2014. Bank Umum Syariah tersebut terdiri dari PT.BNI Syariah, PT.BRI Syariah, PT.Bank Mandiri Syariah, PT. Bank Mega Syariah dan PT.Bank Syariah Bukopin. Data diolah dengan menggunakan model Altman. Hasil dari penelitian ini menunjukkan bahwa model Altman dapat digunakan sebagai alat dalam memprediksi kecenderungan kebangkrutan Bank Umum Syariah. Dengan menggunakan model Altman, kita dapat mengetahui apakah Bank Umum Syariah berada dalam kategori bangkrut, grey area, dan tidak bangkrut. Apabila Bank Umum Syariah berada dalam kategori bangkrut, manajemen perusahaan berhak untuk memutuskan apakah akan tetap mempertahankan Bank Syariahnya atau tidak. Bila tetap mempertahankan Bank Syariahnya, manajemen Bank Syariah diharapkan dapat mengambil tindakan yang cepat dan tepat untuk memperbaiki Bank Syariahnya tersebut, agar Bank Syariahnya tetap dapat berjalan dengan baik.
Pemberdayaan ekonomi rumah tangga yang terdampak pandemi Covid-19 melalui usaha mikro dan kecil di Kelurahan Mustikajaya Soeharjoto Soeharjoto; Nirdukita Ratnawati; Tatik Mariyanti; Syofriza Syofyan; Debbie Aryani Tribudhi
Yumary: Jurnal Pengabdian kepada Masyarakat Vol. 1 No. 1 (2020): September
Publisher : Penerbit Goodwood

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/jpm.v1i1.65

Abstract

Purpose: This activity aims to improve the economic condition by managing and obtaining funding sources and increasing marketing using technology. Community Method: Service is carried out using the guidance and mentoring method by providing material on Islamic financial institutions, culinary businesses, and the use of technology. Results: Results from this activity were that participants could increase their understanding of the material provided by an average of 93 percent, which could be used to motivate and increase sales turnover. This happened because participants have knowledge of Islamic financial institutions as managers and sources of funding, culinary efforts to increase diversification in the food business, and use of technology to improve marketing and administration. Conclusion: Community services implemented during the pandemic must follow health protocols, whether offline or online. This service’s result is not optimal because it could not interact directly in giving and receiving material. Post of community services, the community’s economy improved because it can increase partners’ insight in overcoming capital and marketing problems, so they are motivated to develop their business. Keywords: Empowerment, Home economics, Covid-19
Islamic Bank and Monetary Policy: The Case of Indonesia Regi Muzio Ponziani; Tatik Mariyanti
International Journal of Islamic Economics and Finance (IJIEF) Vol 3, No 1 (2020): IJIEF Vol 3 (1), January 2020
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (528.095 KB) | DOI: 10.18196/ijief.2124

Abstract

Islamic bank in Indonesia exists side by side with its conventional counterpart within dual banking system, while the central bank aims to achieve price stability in the economy using conventional and Islamic monetary instruments within dual monetary system. This posits a very unique environment for Islamic bank. This research aims to examine the role of Islamic bank in monetary policy transmission mechanism using Granger Causality and Autoregressive Distributed Lag (ARDL). The balance sheet components of deposit and financing were hypothesized to function in monetary transmission process within bank financing channel. Granger causality revealed that Islamic interbank overnight rate granger causes Islamic deposit and financing. Islamic deposit and financing granger cause industrial production index. Industrial production index granger cause inflation, Islamic deposit, and Islamic interbank overnight rate. Islamic deposit and inflation granger cause Islamic interbank overnight rate. The ARDL results showed that there were cointegrating relationships in the output and inflation model. Long-term convergence could be reached to correct deviations in output and inflation by way of Islamic banks’ deposit and financing. However, short-term influence is contributed only by Islamic banks’ deposit to output. Islamic banks’ deposit does not contribute in the short-run to inflation. Islamic banks’ financing does not have short-term relationship with output and inflation. Hence, there is a declining effectiveness of Islamic banks’ financing contribution to the economy.
Discourses of Islamic Performance Ratio Based on Tawhid String Relationship Lucky Nugroho; Tatik Mariyanti
Journal of Islamic Economics and Social Science (JIESS) Vol 2, No 1 (2021)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (201.768 KB) | DOI: 10.22441/jiess.2021.v2i1.005

Abstract

This conceptual review aims to analyze the performance measurement of Islamic banks based on sharia principles using the Tawhid String Relationship (TSR) concept. The method used is descriptive and qualitative, where the data sources from previous studies in the form of journals and books related to the research topic. Therefore, the formulation of the problem in this conceptual review consists of research questions as follows: (i) How should the performance of Islamic banks be based on the perspective of the Tawhid String Relationship (TSR)?; (ii) How is the implementation of the TSR concept on the performance of Islamic banks?; (iii) What is the role of the government in supporting to achieve of excellence Islamic bank performance?. The study results are that Islamic banks based on TSR have four crucial pillars: spiritual aspects, financial aspects, social aspects, and environmental aspects. Furthermore, based on this, the performance measurement of Islamic banks needs to be equipped with an Islamic Performance Ratio (IPR). Further,  the government also has a significant role in improving the performance achievemnet of Islamic banks through policies that support increasing market share, such as converting state-owned conventional banks into Islamic banks. The outcome of this research is to provide information to stakeholders of Islamic banks to use an additional ratio, namely IPR, to measure the performance of Islamic banks. 
Strategy For Development of Pharmaceutical Salt Business in Improving The Welfare of The Salt Farmers from Islamic Perspective Irfat Hista Saputra; Tatik Mariyanti; Muhammad Reza Athallah
ADI Journal on Recent Innovation Vol. 4 No. 1 (2022): September
Publisher : ADI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/ajri.v4i1.750

Abstract

Indonesia is the largest archipelagic country with a manageable sea area of 5.8 million km2. The marine and fisheries sector in Indonesia has become very strategic for the Indonesian people, especially in coastal communities, where most people rely on marine resources as a livelihood in the economic activities of coastal communities. One of the marine resources that can be processed is salt from seawater. The main objective of this research is to formulate a strategy for developing a pharmaceutical salt business to improve the welfare of smallholder salt farmers. The design of this study uses the SWOT-AHP method. The priority is to find strategic priorities that can improve the welfare of farmers, which refers to the economic perspective.
Implementation of Tawhidi String Relations (TSR) on Household Consumption Ari Susanto; Tatik Mariyanti
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 4 No 02 (2021): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 04 No. 02
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (420.37 KB) | DOI: 10.36406/ijbam.v4i02.555

Abstract

In conventional economic theory, human needs are described as unlimited, while natural resources are limited. This concept breeds greed, and this is against Islam. In this paper, we will discuss consumption in Islam. The goal is to find the concept of consumption that brings benefits to humans. The study in this article is descriptive qualitative, using the Tawhidi String Relations (TSR) approach. Through the letter process or Interaction, Integrative, and Evolutions (IIE) a new understanding is created. The IIE process creates causal relationships as part of evolution. This study found a new form of understanding of the IIE process is the concept of consumption in Islam to achieve benefit. The benefit is oriented to the material (outward) and inner (reward).
Implementation of Tawhidi String Relations (TSR) in Demand, Supply, Elasticity, and Market Equilibrium Arnoldy Arnoldy; Tatik Mariyanti
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 4 No 02 (2021): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 04 No. 02
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (418.14 KB) | DOI: 10.36406/ijbam.v4i02.556

Abstract

This study intends to explore the implementation of Tawhidi String Relations (TSR) in demand, supply, elasticity, and market equilibrium and the impact of implementing the TSR approach in these functions. Tawhidi String Relations (TSR), a methodology derived from Tawhid that uses the Al-Quran and Sunnah as an ontology in each solution variable with the ultimate goal of achieving social wellbeing. This TSR method has the advantage of a process of interaction, integration, and evolution which is understood as the evolution of the formation of human knowledge that is subject to Divine Laws through a shuratic process and ijma’, thus realizing a universal social wellbeing function. This study uses qualitative research methods by exploring through literature studies. Basically, demand, supply, elasticity, and market equilibrium in conventional economics have several differences with those found in Islamic economics where what distinguishes them is demand, supply, elasticity and market equilibrium in Islamic economics has limitations and principles that must be met by individuals to behave accordance with Islamic law which is based on the Al-Quran, Sunnah, Ijma', and Qiyas as the agreed source of Islamic law.
Islamic Bank As A Role Model of Implementation Tawhidi String Relations in Production Concept Siti Nurdiana; Tatik Mariyanti
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 4 No 02 (2021): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 04 No. 02
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (371.746 KB) | DOI: 10.36406/ijbam.v4i02.559

Abstract

This study describes how the role of the Islamic bank as an Islamic enterprise in well-being functions. The Well-being Function is derived from Tawhidi String Relations (TSR) Methodology by (Choudury & Hasan [3]) for evaluating how well-being is reached because of interaction-integration-evolution of inputs and outputs which have been induced by theta as a symbol of knowledge derived from Al-Quran and Hadits [1] through shuratic process. This study added Umma (zakat) and Government (tax) as indirect (intervening) variables to the Well-being equation to interact with input, output, and Islamic Bank as an Islamic Enterprise. Besides for simplifying analysis, this study also merged variable employment (L), and Human Capital (H) become human capital (H) only. The result is that the practice of Islamic Banks fit in Islamic Production concept, which are mobilizing funds by the halal way and financing only for halal sectors through Sharia Ways by avoiding maisyir, gharar, and riba. Islamic Bank brings maslaha, gives goodness and benefit to others and society (stakeholders), and avoids humanity from badness or destruction. Inputs and output in Islamic Bank justly and equitably interconnect in circular causation and grow together as pairs for reaching well-being. Bank’s income justly and equitably distributed to human capital, shareholders, and shahibul maal as the owner of capital, Ummah in the form of Zakat and Tax for Government. Fine categorized as non-halal income is also distributed as a charity for building Masjid or other good deeds.
SOCIO-ECONOMIC FACTORS AFFECTING THE REDUCTION OF POVERTY IN INDONESIA IN ISLAMIC PERSPECTIVE Tatik mariyanti
Business and Entrepreneurial Review Vol. 11 No. 1 (2011): Volume 11, Number 1, October 2011
Publisher : Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (455.514 KB) | DOI: 10.25105/ber.v11i1.4

Abstract

In a developing country poverty reduction programs has become the center of attention in policy at national and at international agencies and institutions. This study aims to analyze the socioeconomic factors that affect poverty reduction in the perspective of Islam in Indonesia in 1994 until 2009, the data used in this study is time series data, using the variable as a determining factor of poverty in Indonesia is economic growth, the proportion of the population informal working sector, the proportion of population consuming malnutrition, the proportion of secondary-educated population down, unemployment, investment, government policy in the form of subsidies which are: subsidy funds derived from IDT, P2KP, PNP, Independent, PPIP, in addition to data from the BMT form of funding given to the poor, as well as data zakat alms per person infak poor. Analysis tools used in this study is to use a simultaneous equation modelanalysis using the software Eviews-4. From the analysis it can be concluded that all variables are seen in this study a significant influence on poverty reduction in Indonesia in 1994 until 2009, but subsidies and Islam is very small variable effect on poverty reduction in Indonesia.Recommendation of this study is the government should help in terms of funding for development of SMEs due to the Islamic microfinance institutions in effect, reduce poverty, and economic growth can reduce poverty is economic growth and equitable quality, investment as a contributor to economic growth must be done in the form of accelerated industrialization, the accumulation ofhuman capital in the form of education, as well as development and infrastructure improvements throughout the country. With the Islamic instruments namely zakat alms infaq very influential on poverty reduction while very little influence, because in Indonesia the role of zakat institutions have not been efficient because more people believe in giving alms alms infaq directly to the poor or the foundation that manages the orphans, but if domestic policy makers This would seriously to gradually use the instruments of Islamic finance as an instrument of poverty reduction, the authors believe poverty alleviation will be accelerated as well. Our nation will have economic independence, sovereignty and dignity so that the State can be maintained.