Muhammad Ali Imran Caniago
Universitas Islam Negeri Sunan Kalijaga

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Strategic Management of Islamic Banking in Indonesia to Increase Market Share Muhammad Ali Imran Caniago
Journal of Islamic Economic and Business Studies Vol. 1 No. 1 (2023): June
Publisher : Business Finance Analyst Co.

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Abstract

Indonesia is a country with the largest Muslim population in the world. The large Muslim population has not been able to make Indonesia the center of the world's sharia economy. One component of the Islamic economy in Indonesia is Islamic banking. The market share of Islamic banking in Indonesia is still very small, so the competition for market share in national banking is still won by conventional banks. This study aims to identify the market share of Islamic banking in Indonesia and strategies for developing and increasing the market share of Islamic banking to contribute to the national economy and development. The method used in this study is a qualitative method with a descriptive analysis approach. Data is collected through library research. The results of the study show that several strategic issues impede the growth of Islamic banking in Indonesia, namely: Islamic banks do not yet have a significant business model or product differentiation, Islamic bank literacy and inclusion indexes are still low, Islamic banks are still only focused on business objectives, The quantity and quality of Islamic Bank human resources are not optimal, and information technology is not yet sufficient. Knowing these strategic issues, three strategies are formulated in the development of Islamic banking: Strengthening Islamic Banking Identity, Synergy of the Islamic Economic Ecosystem, and Strengthening Licensing, Regulation, and Supervision.
The Politics of Public Finance Al-Mawardi’s Perspective: Al-Ahkam As Sulthaniyah Muhammad Ali Imran Caniago; Usman Shabur; Ibi Satibi
el-Jizya: Jurnal Ekonomi Islam Vol. 12 No. 1 (2024): el-Jizya : Jurnal Ekonomi Islam
Publisher : Fakultas Ekonomi dan Bisnis Islam, Universitas Islam Negeri Prof. K.H. Saifuddin Zuhri Purwokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24090/ej.v12i1.9711

Abstract

This study aims to explore the concept of Al-Mawardi's public loan. This type of research is qualitative with an exploratory approach. Data collection uses the library method. Primary data was obtained from the book Al-Ahkam As Sulthaniyah and secondary data was obtained from several scientific journals and books related to this research. The analysis used is a qualitative analysis involving descriptive and interpretive data exploration. The results of the study show that the book Al-Ahkam As Sulthaniyah discusses state income, state expenditure, and the Baitul Mal. State revenue comes from zakat, ghanimah, and fai'. The state is only allowed to spend the treasures of the baitul mal as long as these expenditures are used for the public good. Al-Mawardi divided the two objectives of allocating Baitul Mal funds: first, for maslahah (benefit) and arfaq (provision of public facilities). Second, for the mandatory function. If the government has an obligation that is a mandatory function, while the funds in the baitul mal are empty, the government may make public loans because it is feared it will cause state chaos. And this policy was never carried out by the Prophet. If the leader dies, the next leader is responsible for repaying the loan.