Download or read book Islamic Banks and Local Development in Indonesia written by Yuli Andriansyah and published by . This book was released on 2017 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Objective - This paper was aimed to explain the development of Islamic banks and their contributions in Indonesia local development.Methodology/Technique - The paper described data on essential financial data of Islamic bank in 8 provinces in Indonesia mainly in their economic growth, percentage of population living under the poverty line, along with Islamic financial indicators, i.e. asset, third parties fund, and financing.Findings - The results indicate that Islamic banks accomplish impressive financial performance reflected in fast growing in asset, third parties fund, and financing. In terms of financial intermediaries, Islamic bank also performs well as presented in a larger share of financing compared to third parties fund. Islamic banks are also resilient to local short-run shocks in the economy. However, the relation between these financial indicators with economic indicators is not likely very supportive mainly because Islamic bank's limited market share and issue in financial inclusion in Indonesia.Novelty - As a preliminary research in the relation between Islamic finance and local development particularly in a new emerging decentralized economy, this paper bear a worthy endeavour in expanding this field of study in the future.

Download or read book The Growth of Islamic Banking in Indonesia written by Yasushi Suzuki and published by Routledge. This book was released on 2020-12-22 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia is the most populous Muslim country in the world. Taking into account also its endowment and potential economic resources, the Islamic banking industry in Indonesia was expected to take on an important role in facilitating more financial resources and to contribute to the internationalization of the Islamic mode of financing particularly in the Asia-Pacific region. However, the reality is far from the expectation. This book aims to clarify the causes and fundamental constraints leading to the extraordinarily low level of Indonesia’s Islamic financial deepening. The authors draw on the traditions of Institutional Economics which are concerned with the rules or mechanisms of creating the 'incentive' and 'threat' for economic players because the rules (institutions) would matter as the determinant for economic development and economic efficiency. This book offers a fairly new analytical lens by hypothesizing that Islamic banks must earn additional profit– the authors coined as ‘Islamic bank rent’ - to maintain their franchise value as prudent Shari’ah-compliant lenders when compared to conventional banks. The authors argued that insufficient provision of the Islamic bank rent opportunity may have caused the Indonesia’s Islamic banks the opportunity to learn and improve their skill and capacity for the credit risk management. The book also offers evidence in support of implementing economic and affirmative policy necessary for incubating and developing the Islamic banking industry in Indonesia and making Indonesia an international Islamic financial hub in the Asia-Pacific region. This book will be a useful resource for policy makers and researchers interested in Islamic banking in Indonesia.

Download or read book Islamic Banking in Indonesia written by Rifki Ismal and published by John Wiley & Sons. This book was released on 2013-02-22 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of key developments in Islamic banking In Islamic Banking in Indonesia, renowned economist Dr. Rifki Ismal explores current issues in Islamic banking and financial products with a particular focus on the danger of liquidity risk in Indonesia. It approaches liquidity risk from the conventional perspective of international banking standards, as well as from the Islamic banking perspective. Dr. Ismal also covers the issues of asset-liability balancing, liquidity risk index, organizational structures for managing liquidity, industrial analysis, withdrawal risk, bankruptcy risk, moral hazard risk, and market risk. Compiling all the latest academic research on liquidity risk and other risks in Islamic banking, the book provides a theoretical foundation for managing risk that will is highly useful for researchers on Islamic banking and practitioners and academics. Written by a renowned expert on Islamic banking who works on monetary policy at the central bank of Indonesia Covers the latest developments in Islamic banking, particularly liquidity risk, for a rapidly expanding market Ideal for European and American readers, in addition to Asian readers, who need a fuller understanding of Islamic banking institutions, markets, and products With the latest academic research and the expertise of a leading practitioner in Islamic banking, this book offers in-depth coverage of the most pressing issues in the field.

Download or read book The Transnational and the Local in the Politics of Islam written by Delmus Puneri Salim and published by Springer. This book was released on 2015-02-26 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the relationship between transnational and local Islam as expressed in public discourse and policy-making, as represented in the local press. It does so against the background of local governments in majority Muslim regions across Indonesia promoting and passing regulations that mandate forms of social or economic behaviour seen to be compatible with Islam. The book situates the political construction of Islamic behaviour in West Sumatra, and in Indonesia more generally, within an historical context in which rulers have in some way engaged with aspects of Islamic practice since the Islamic kingdom era. The book shows that while formal local Islamic regulations of this kind constitute a new development, their introduction has been a product of the same kinds of interactions between international, national and local elements that have characterised the relationship between Islam and politics through the course of Indonesian history. The book challenges the scholarly tendency to over-emphasise local political concerns when explaining this phenomenon, arguing that it is necessary to forefront the complex relationship between local politics and developments in the wider Islamic world. To illustrate the relationship between transnational and local Islam, the book uses detailed case studies of four domains of regulation: Islamic finance, zakat, education and behaviour and dress, in a number of local government areas within the province.

Download or read book The Developing Role of Islamic Banking and Finance written by and published by Emerald Group Publishing. This book was released on 2014-07-10 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume highlights a vital developmental stage of Islamic Banking and Finance, focusing on regulatory aspects, regional case studies and International Financial Crisis impacts. It aims to help decision makers identify key factors for the real, sustained development of the Islamic Banking System, nationally, regionally and internationally.

Download or read book Islamic Banking Finance in South East Asia written by Angelo M. Venardos and published by World Scientific. This book was released on 2012 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic Banking and Finance in South-East Asia by Angelo M Venardos has been a ?must read? since its first edition in 2005 and has already been translated to Arabic.Now in its 3rd edition, the book offers important updates you can look forward to, starting with the foundations of Islamic banking, developments and issues. The reader is then treated to a timely survey of Islamic banking in five South-east Asian countries. Most of these chapters have been completely revamped from the last edition. One additional chapter has been added on Islamic Succession Planning, which introduces an increasingly essential aspect of Muslim life ? that of managing one's wealth now and in the afterlife.Whether you are new to the topic or a practitioner in the industry, you will appreciate the accessible way in which the book is written. According to the Asian Journal of Comparative Law, the book gives a broad overview yet ?manages to achieve this in a rather slim volume while providing depth of analysis at the same time?.

Download or read book DYNAMICS OF ISLAMIC FINANCE PRODUCTS AND CONTRACTS IN INDONESIA written by DYNAMICS OF ISLAMIC FINANCE PRODUCTS AND CONTRACTS IN INDONESIA and published by Tazkia. This book was released on 2018-06-22 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Bank Indonesia terus berupaya mendukung pengembangan keuangan syariah melalui blueprint dengan pembentukan lima pilar strategis: Pengembangan produk dan pasar keuangan syariah, pengembangan sumber daya manusia, memperkuat kerangka kerja, pembiayaan untuk sektor riil dan UMKM serta mempromosikan struktur industri yang lebih efisien dan berpartisipasi dalam keuangan syariah global. Lahirnya buku Dinamika Produk dan Akad Keuangan Syariah di Indonesia ini tentu sejalan dengan upaya tersebut.” Agus D.W. Martowardojo Governor of Bank Indonesia “No doubt, Islam is a system and way of life which is intact and unified. It is not just a torch to truth and salvation, but also a complete guide to all aspects of life in this world, including in the financial sector. Publication of the book entitled The Dynamics of Islamic Financial Products and Contracts in Indonesia is one such proof. Islam emphasizes the ‘dualism of piousness’; pious in terms of spirituality and financial matters, and clearly the book is one of the ‘white paper’ that everyone should read” KH. Ma’ruf Amin The Chief of Indonesian Ulama Council

Download or read book Islamic Banking And Finance In South east Asia Its Development And Future 2nd Edition written by Angelo M Venardos and published by World Scientific. This book was released on 2006-10-30 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: To truly understand the current interest in the development of Islamic banking and finance in South-East Asia and how it is different from the conventional banking system, one must first understand the religious relationship originating from the Qur'an, and then trace the historical geographic and political developments of Islam over recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate Shari'ah law and Islamic jurisprudence. With this platform established in the first part of the book, readers are invited to learn about the financial products and services offered, understand the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims.This second edition contains updates of statistics and dates with regards to the development of Islamic banking in Malaysia, Singapore, Indonesia and Brunei. In particular, the chapter on Singapore details significant developments such as the direction which major banks are taking towards Islamic banking and the increase in Islamic banking products being offered.Although written by a non-Muslim author, this highly-regarded book is being translated into Arabic by a leading Islamic university in the Middle East.

Download or read book Islamic Economic Institutions In Indonesia Are They Successful In Achieving The Maqasad al shari ah written by Toseef Azid and published by World Scientific. This book was released on 2023-04-10 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic institutions have had a very long history, whose performance was muted during the Colonial Period. However, after the Second World War, the revival of the Islamic institutions began. Throughout its history, it had been assumed that these institutions are working for the betterment of humanity. Their target is to achieve a high level of the welfare for the concerned community. Historically these institutions were waqf, zakat and sadaqat. However from the last three decades, Islamic financial institutions have been established with the objective of providing interest- free products, transaction and services for Muslims. However there has been lot of criticism on the performance and role of these institutions. This becomes especially pertinent in a Muslim country like Indonesia, where there is a dire need to know that how these institutions are working and if it is possible for them to achieve the objectives of the Shari'ah. Some scholars have claimed that these institutions are performative and only serving 'lip service', and there are no significant differences between the Islamic and secular institutions where both kinds of institutions operate on the same foundations and differ only in use of technical terminologies. This volume aims to analyze some of the Islamic institutions which are operating in the world's biggest Muslim country, Indonesia, as a case study and analyze the contemporary Islamic Banking products and practices in the light of 'Maqasad al-Shari'ah'. The book's objective is to propose an improved system of Islamic institutions for Muslims to refer to. This volume will also analyze why these institutions are currently not able to comply with the Maqasad al Shari'ah and how it is possible to enhance the level of economic development, social wellbeing, individual freedom and equality, elimination of injustice and poverty, and achieve the other targets of the Maqasad through these institutions.

Download or read book The Role of Islamic Banking System as the Milestone Towards Indonesia Micro Economy Development written by Dian Rahajeng and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the largest Muslim community in the world, Indonesia is optimist on implementing Islamic economy as one of the system. The previous global financial turmoil has made the attention turn on the Islamic financial model, and in particular the Islamic banking system. This model offers a microfinance system that allows poor people to meet their financial needs. Most banking systems are less concern about the difficulties affecting poor people since they usually have no collateral, making them a riskier investment. Knowing the 98.9% micro industries of Indonesia, it is an urgent need on facilitating their financial intermediaries. The Islamic microfinance system manages this demand by providing small-scale financial services to the lower and poor markets by giving them banking facility. Hence Islamic microfinance helps to sustain financial inclusion as attempt for that mostly poor society who has lack access to financial institution. The motivation for this research is to meet the knowledge gap of acceptance on the Islamic banking system implementation in the Indonesian micro economy development. The research questions is how micro industries perception and acceptance towards the existence of Islamic rural banks. The methodologies used are survey as primary data collection of 60 both Islamic and common rural banks for thorough analysis also secondary data collection from its financial reports. The research finding is the positive perception and acceptance of Islamic rural banks as micro industries' financial intermediaries. This research concludes that Islamic rural bank has become the part of micro banking services and contributes on building ideal Indonesia development.

Download or read book Political Economy of Islamic Banking in Indonesia written by Ahmad Dahlan and published by Universal-Publishers. This book was released on 2021-06-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a work of historical analysis focusing on the development of Islamic financial institutions from 1992 to 2011 in Indonesia as they relate to Islamic banking using a political-economic approach. Indonesia plays an influential role in various international political and Islamic organizations because it has the largest Muslim population in the world. Although Indonesia was late in establishing its banking initiatives, it did so 1992 in response to the growth of the Islamic financial institutions. From 1992 to 2011 many laws and regulations were established to support the growth of Islamic banking in Indonesia, but by national financial market indicators, Islamic banking in Indonesia fell behind many expectations. This analysis suggests that the shortcomings may be due in part to the waning power of key elements of the political superstructure to push policies that supported Islamic banking and Islamic economic systems, and establish synergies with institutions of Islamic economic education and stakeholders to accelerate the growth of Islamic banks in terms of service, national market share, and public trust.

Download or read book Factors Influencing the Growth of Islamic Banks Assets in Indonesi written by Murniati Mukhlisin Mu Kim Ni and published by LAP Lambert Academic Publishing. This book was released on 2011-10 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The finding of Granger Causality Test in Indonesian Islamic banks concludes that industrial production does not have causal relationship with asset growth. Conclusion of VECM model through its IRF and FEVD is that inflation and interest rate are major variables that negatively affect the asset growth while industrial production, human capital and office branch and channeling are variables that contribute positive impact to the asset growth. Although the impact is insignificant, human capital and office branch and channeling promise long-term positive impact to the asset growth. "Murniati has shown her serious works dedicated for the development of Islamic economic practices in indonesia. Her contribution is not only in the area of accounting and finance where she is belong to but also in doing research on Islamic banking, zakah, Islamic micro finance, Islamic micro insurance and Islamic financial planning. Her research in this book on Islamic banking asset growth is important to be addressed and it is recommended to become a reference for Islamic bankers to formulate relevant strategies" ( Dr. Muhammad Syafii Antonio, M.Ec, Chairman of Tazkia Group).

Download or read book Islamic Banking in Southeast Asia written by Mohamed Ariff and published by . This book was released on 1988 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic banking is the result of the untiring search for interest-free alternatives to conventional banking and it has been successfully introduced in the Middle East. However, in Southeast Asia, where there are large Muslim communities, Islamic banks are to be found only in Malaysia and the Philippines. Nevertheless, there is considerable interest in the possibility of establishing banking institutions and practices consonant with Islam in other countries in the region. In this book, scholars evaluate the role and performance of Islamic banking in Southeast Asia and examine the problems and prospects of establishing Islamic banks in countries where such banking does not exist.

Download or read book Islamic Economic Institutions in Indonesia written by Toseef Azid and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Islamic institutions have had a very long history, whose performance was muted during the Colonial Period. However, after the Second World War, the revival of the Islamic institutions began. Throughout its history, it had been assumed that these institutions are working for the betterment of humanity. Their target is to achieve a high level of the welfare for the concerned community. Historically these institutions were waqf, zakat and sadaqat. However from the last three decades, Islamic financial institutions have been established with the objective of providing interest- free products, transaction and services for Muslims. However there has been lot of criticism on the performance and role of these institutions. This becomes especially pertinent in a Muslim country like Indonesia, where there is a dire need to know that how these institutions are working and if it is possible for them to achieve the objectives of the Shari'ah. Some scholars have claimed that these institutions are performative and only serving 'lip service', and there are no significant differences between the Islamic and secular institutions where both kinds of institutions operate on the same foundations and differ only in use of technical terminologies. This volume aims to analyze some of the Islamic institutions which are operating in the world's biggest Muslim country, Indonesia, as a case study and analyze the contemporary Islamic Banking products and practices in the light of 'Maqasad al-Shari'ah'. The book's objective is to propose an improved system of Islamic institutions for Muslims to refer to. This volume will also analyze why these institutions are currently not able to comply with the Maqasad al Shari'ah and how it is possible to enhance the level of economic development, social wellbeing, individual freedom and equality, elimination of injustice and poverty, and achieve the other targets of the Maqasad through these institutions"--

Download or read book Islamic Banking in Indonesia written by Muhammad Syafii Antonio and published by . This book was released on 2004 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Islamic Banking in South East Asia written by Klaus Grössinger and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics Business and Islamic Finance in ASEAN Economics Community written by Ordoñez de Pablos, Patricia and published by IGI Global. This book was released on 2020-01-03 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic integration of Southeast Asia or ASEAN Economic Community (AEC) offers enormous opportunities for its members to develop and collectively collaborate with other economies. Combining the culture of the region with global business in an expanding digital atmosphere, however, has caused numerous challenges on an international scale. Due to the importance of this economic player in Asia, research on key topics including Islamic economics, Islamic finance, technology, and cultural issues in doing business are essential to understand the ASEAN competitive landscape and its relations with other countries. Economics, Business, and Islamic Finance in ASEAN Economics Community is a pivotal reference source that explores key issues and enhances understanding of business and economics in the ASEAN community and explores the collaboration between this community and Islamic finance and technology. While highlighting topics such as global business, smart manufacturing, and human resource management, this publication explores sustainable development practices as well as the methods of cultural appreciation in economics. This book is ideally designed for deans, heads of department, directors, politicians, policymakers, economists, corporate heads, senior general managers, managing directors, information technology directors and managers, libraries, academicians, researchers, and students.