Sania Nuraziza
Universitas Islam Negeri Raden Intan Lampung

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Pengaruh Perdagangan Internasional dan Investasi Asing Langsung terhadap Pertumbuhan Ekonomi di 5 Negara ASEAN Tahun 2015-2024 dalam Perspektif Ekonomi Islam Lisa Septina; Sania Nuraziza; Erlin Kurniati
Jurnal BAABU AL-ILMI: Ekonomi dan Perbankan Syariah Vol 11, No 2 (2026): Islamic economics and banking research
Publisher : Universitas Islam Negeri Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/ba.v11i1.10087

Abstract

This study aims to analyze the effect of international trade and foreign direct investment on economic growth in five ASEAN countries, namely Indonesia, Malaysia, Singapore, the Philippines, and Thailand, from 2015 to 2024 from an Islamic economic perspective. Using a descriptive quantitative approach with secondary data obtained from the World Bank, the analysis was conducted using panel data regression with the Fixed Effect Model (FEM). The results of the study indicate that international trade has a positive and significant effect on economic growth, while foreign direct investment has a positive but insignificant effect on economic growth. Simultaneously, both variables have a significant effect on economic growth. From an Islamic perspective, trade that complies with Sharia principles, such as freedom from usury, gharar, and maysir, is encouraged. In line with this, Islam also supports investment because, according to its teachings, wealth should not be hoarded but must be used in a beneficial and productive manner.
Financial Distress Prediction In Asean Islamic Banks Using The Altman, Springate, And Grover Models : Financial Distress Prediction In Asean Islamic Banks Using The Altman, Springate, And Grover Models muhammad faizal assyiddiq; Ersi Sisdianto; Sania Nuraziza
Jurnal Ilmu Perbankan dan Keuangan Syariah Vol. 8 No. 1 (2026)
Publisher : Program Studi Perbankan Syariah Fakultas Ekonomi dan Bisnis Islam UIN Datokarama Palu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24239/jipsya.v8i1.387.21-38

Abstract

This study aims to evaluate and compare the financial health levels of Islamic banks in the ASEAN region using the Altman, Springate, and Grover models. Amid the dynamics of the regional economy, risk assessment through multivariate models becomes crucial as an early detection instrument for stakeholders. By taking samples from BCAS, BIMB, BIBD, and iBank for the 2020-2024 period, the results show that all sampled banks are classified as financially healthy based on the Grover model. These findings indicate a strong financial resilience within the Islamic banking sector in ASEAN, while also highlighting variations in accuracy among the models in classifying firms’ financial conditions