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INSTRUMENTS AND PRODUCTS OF ISLAMIC WEALTH MANAGEMENT IN ISLAMIC FINANCIAL INSTITUTIONS Harry Irawan; Sugianto; Marliyah
International Journal of Social Science, Educational, Economics, Agriculture Research and Technology (IJSET) Vol. 4 No. 3 (2025): FEBRUARY
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijset.v4i3.658

Abstract

Islamic Wealth Management (IWM) is an approach that integrates Sharia principles into the management of wealth for individuals and institutions. This journal discusses various instruments and products offered by Islamic financial institutions in the context of IWM. The study aims to identify and analyze products that comply with Sharia principles and evaluate the effectiveness of these instruments in meeting customer needs. The research method employed includes a literature review and secondary data analysis from Islamic financial institutions in Indonesia. The findings reveal a variety of instruments, such as Sukuk, Islamic mutual funds, and Takaful (Islamic insurance), which can be utilized for Sharia-compliant wealth management. Additionally, the journal highlights the challenges and opportunities faced by Islamic financial institutions in developing innovative and competitive IWM products. These findings are expected to contribute to the development of the Islamic finance industry and raise public awareness of the importance of wealth management aligned with Islamic principles.
VAR ANALYSIS UNLEASHED: THE VOLATILE IMPACT OF NON-PERFORMING FINANCING ON ISLAMIC BANK PROFITABILITY IN INDONESIA Harry Irawan; Dede Ruslan; Muhammad Fitri Rahmadana
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 4 (2024): August
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i4.1818

Abstract

The purpose of this study is to analyse and understand the impact of Non-Performing Financing (NPF) volatility on the profitability of Islamic commercial banks in Indonesia. This study uses the Vector Auto Regressive (VAR) approach. The results show a strong interdependence between NPF and ROA in Islamic banks in Indonesia. Although in the short term NPF has a negative impact on ROA, in the long term NPF has a positive effect. Variance decomposition indicates that these two variables influence each other and their contribution increases over time. These findings are important for the management of Islamic banks to understand how fluctuations in NPF can affect the financial performance of banks and vice versa, and to make effective strategic decisions in risk management and profitability.