Capturing the Potential Implementation of Islamic Financing with Supply Chain Finance Model Fisheries Sector in Belitung

Until now, Islamic banking has grown very rapidly. This can be seen from the number of Islamic products that continue to grow and develop. One of them is mudharabah deposit. The profit-sharing rate that is characteristic of mudharabah deposits is the public's appeal to deposit their funds in banks, especially mudharabah deposit products. This study aims to determine the effect of financial ratios on the profit sharing rate of BPRS mudharabah deposits in Indonesia. The population used is the monthly financial reports of all BPRS in Indonesia from January 2012 to April 2018 in the form of time series data. The variables used in this study are Return on Assets (ROA), Financing to Deposit Ratio (FDR), and Non Performing Financing (NPF) as independent variables, and the profit sharing rate of mudharabah deposits from Bank Pembiayaan Rakyat Syariah (BPRS) as the dependent variable. Simultaneously, the variables ROA, FDR, and NPF together have a significant effect on the profit sharing of BPRS mudharabah deposits in Indonesia. Meanwhile, partially ROA has no significant effect on the profit sharing of BPRS mudharabah deposit in Indonesia. The FDR has a positive and significant effect on the profit sharing of the mudharabah deposits of Islamic rural banks in Indonesia. As well as NPF has a negative and significant effect on the profit sharing of mudharabah deposits in BPRS in Indonesia.

Until now, Islamic banking has grown very rapidly. This can be seen from the number of Islamic products that continue to grow and develop. One of them is mudharabah deposit. The profit-sharing rate that is characteristic of mudharabah deposits is the public's appeal to deposit their funds in banks, especially mudharabah deposit products. This study aims to determine the effect of financial ratios on the profit sharing rate of BPRS mudharabah deposits in Indonesia. The population used is the monthly financial reports of all BPRS in Indonesia from January 2012 to April 2018 in the form of time series data. The variables used in this study are Return on Assets (ROA), Financing to Deposit Ratio (FDR), and Non Performing Financing (NPF) as independent variables, and the profit sharing rate of mudharabah deposits from Bank Pembiayaan Rakyat Syariah (BPRS) as the dependent variable. Simultaneously, the variables ROA, FDR, and NPF together have a significant effect on the profit sharing of BPRS mudharabah deposits in Indonesia. Meanwhile, partially ROA has no significant effect on the profit sharing of BPRS mudharabah deposit in Indonesia. The FDR has a positive and significant effect on the profit sharing of the mudharabah deposits of Islamic rural banks in Indonesia. As well as NPF has a negative and significant effect on the profit sharing of mudharabah deposits in BPRS in Indonesia.

With the rapid development of smart financial technologies such as artificial intelligence, big data, and blockchain, the limitations of traditional supply chain financial models in the agricultural sector have become increasingly apparent. Based on supply chain management theory, information asymmetry theory, and smart finance theory, this study explores the innovative impact of smart financial technologies on the supply chain financial management model of agricultural enterprises. By conducting an empirical analysis of survey data from 300 agricultural enterprises nationwide and publicly available data, the study finds that smart financial technologies significantly enhance the financing efficiency of agricultural enterprises while reducing financing costs. Furthermore, the level of supply chain digitalization plays an important moderating role in the effectiveness of smart finance applications. The study identifies information sharing and cost control as the core mechanisms by which smart finance optimizes supply chain financial models. This research not only extends the theoretical boundaries of supply chain finance and smart finance but also provides specific recommendations for agricultural enterprises, financial institutions, and policymakers to improve the efficiency of agricultural supply chain finance, thereby contributing to rural revitalization and agricultural modernization.

Under the background of "Internet +", the supply chain financial model and process have undergone profound changes. Firstly, through the social network analysis, the correlation between the participants in the Internet + supply chain finance is directly visualized. Secondly, the dynamic risk evolution model of the system is constructed based on the different functions between the participants. Unstable solution and saddle points of the system be calculated ; on this basis, Bayesian learning principles are used to build an Internet + supply chain financial credit default risk simulation model, and the simulation model is encapsulated. Finally, a numerical example is used to verify the simulation model operation Convenience, efficiency and reliability.

This paper takes G7 Coffee, a Vietnamese coffee company, as an example to design a supply chain financing scheme suitable for the company. First of all, on the basis of explaining the concept of supply chain, supply chain financing and other related concepts, supply chain management theory, supply chain financing model, fuzzy comprehensive evaluation model and other theoretical foundations, based on the financing situation of a Vietnamese coffee company G7 coffee in China, combined with the financing problems of the company and the company's capital needs, The feasibility of supply chain financing of G7 Coffee in China for a Vietnamese coffee company is proposed. Secondly, this paper introduces the evaluation method of supply chain financing scheme of G7 Coffee in China of a Vietnamese coffee company. Finally, on the basis of clear objectives and principles of financing scheme design, an evaluation system of supply chain financing mode of a Vietnamese coffee company based on AHP is constructed. The applicability of accounts receivable supply chain financing, inventory supply chain financing and prepayment supply chain financing adopted by the company is further analyzed by fuzzy comprehensive evaluation method. The fuzzy comprehensive evaluation results show that The accounts receivable financing model is the best financing model for the supply chain financing of G7 Coffee in China of a Vietnamese coffee company. In order to ensure the smooth implementation of the supply chain financing plan of a Vietnamese coffee company G7 Coffee in China, this paper proposes to strengthen the guarantee from three aspects: financial system, credit management and risk control.

The swift advancement of information technology has facilitated the evolution of supply chain finance (SCF) into a novel financial tool, experiencing substantial global growth. Numerous e-commerce platforms in China, capitalizing on the "Internet Plus" era, have introduced SCF services to mitigate the financing challenges encountered by small and medium-sized enterprises (SMEs). To overcome the limitations prevalent in conventional SCF, the integration of blockchain technology has led to the innovative "Blockchain + SCF" model. This paper scrutinizes JD SCF model as a case study to examine the implications of blockchain-empowered SCF, employing methods such as case analysis, comparative analysis, and literature review. It first offers an in-depth examination of JD "Blockchain + SCF" model, shedding light on the advantageous effects of blockchain technology. Further, it acknowledges the novel issues and hurdles that this model encounters, necessitating collective efforts for resolution through illustrative case studies. Ultimately, the study reaffirms the strong competitiveness of JD "Blockchain + SCF" model among peer organizations, emphasizing its strengths and suggesting potential future trajectories. This research may contribute valuable perspectives for both theoretical and practical applications in related domains.

The history of Islamic banks in Indonesia is started by establishment of Bank Muamalat Indonesia (BMI) as the first Islamic commercial bank in Indonesia that has been operated in Indonesia in 1992. Until December 2007, there are 31 banks: 3 Islamic commercial banks and 28 Islamic unit banks. Islamic commercial bank operates fiilly sharia system, while Islamic unit bank operates windows system. During 2003-2007, Islamic banks have been grown significantly include asset, deposit and financing. Each grows 53%, 56% and 55% per year. Islamic banks must improve thier efficiency in order to give profit to stakeholders, and survive againts conventional banks or other financial institutions. Nevertheles, until today the efficiency of Islamic banks in Indonesia is not known. This study to identify: the efficiency of Islamic banks in Indonesia (overall), the efficiency of individual Islamic bank, the difference efficiency of Islamic commercial bank and Islamic unit bank, and the most influence factor to the efficiency of Islamic banks in Indonesia. This study focused on the head office of Islamic banks. The study uses data quarterly from fist quarter 2003 until fouth quarter 2007, includes nine banks: three Islamic commercial banks and six Islamic banking units. This study uses non-pametric DEA model. The results of this study show the efficiency of Islamic banks in Indonesia is average 0.883, and the most efficient Islamic banks is bank 1 (from Islamic commercial bank). Furthermore, the result of study indicates that Islamic commercial bank (BUS) is more efficient than Islamic unit bank (UUS). Besides that, financing is the most influence factor to the efficiency of Islamic banks in Indonesia. As the basic implication of this study are: (i) stakeholders especially government and monetary authority must improve the efficiency of Islamic banks and support and establish more Islamic commercial bank; (ii) stakeholders must support and establish more Islamic commercial bank, includes spint off Islamic unit bank to be Islamic commercial bank; and (iii) Islamic banks must give more financing to improve their efficiency.Keywords: Efficiency, Islamic commercial bank, Islamic unit bank, DEA

This paper makes an in-depth analysis of the supply chain finance model of e-commerce platform, taking Jingdong Group as a case study, and discusses its development process, main financing mode and advantages and disadvantages. By defining the concept of supply chain finance and electricity supply chain finance, combined with the theory of transaction cost and long tail, this paper explores the jingdong gold enterprise cooperation financing mode (including order loan, warehouse receipt pledge, accounts receivable and entrusted loans) and platform of proprietary financing mode (such as Beijing bao bei, Beijing small loan, enterprise gold and chattel financing). Through the comparison with the supply chain finance model of Ping An Bank and Alibaba Group, it reveals JDs unique characteristics in its strategic positioning, participants and financing services. The article points out that fintech has promoted the innovation of supply chain finance, and JD's supply chain finance model has significant promotion value, and provides suggestions on improving the payment system, increasing policy support, expanding the source of funds and improving the regulatory mechanism, so as to further optimize the supply chain finance services of the e-commerce platform.

The key to successful agricultural product supply chain finance of commercial banks lies in coordinating the relationship among the “supply chain finance model”, “banking serviceability”, and “user satisfaction”. Previous research on agricultural products supply chain finance rarely incorporated the operational level of commercial banks. To fill this gap, this paper transforms the operational problem of the agricultural product supply chain finance of commercial banks into a matching problem between the agricultural product supply chain finance model and customers under the constraint of serviceability. First, a matching model of “mode-capability-customer” of agricultural products supply chain finance is constructed based on the theory of bilateral matching; second, a measurement index system of matching degree and satisfaction is constructed, where matching degree and satisfaction are calculated; finally, the optimal matching model is studied. This paper proposes a model that matches agricultural supply chain finance with customer satisfaction, considering bank serviceability constraints. It improves the implementation of agricultural product supply chain finance by commercial banks. The study uses surveys and evaluations to assess stakeholder satisfaction and preferences. An operational research model optimizes the matching process between supply chain finance models and recipients, ensuring suitability. The paper provides a theoretical basis for rural financial services and practical recommendations for commercial bank supply chain finance, with valuable real-world applications.

The innovation of supply chain financial services can alleviate the plight of SMEs financing difficulties. In the aspect of supply chain finance model, there is a credit guarantee financing model, which is different from the simple external financing and internal financing mode of supply chain. Based on this, this paper studies the decision-making of supply chain finance under the partial credit guarantee of core enterprises. First of all, the paper constructs a simple supply chain financing model, consisting of a bank, a core enterprise and a retailer. And then, considering the credit guarantee financing model, calculate the expected profit function. Stackelberg game model is used to give the optimal decision of each subject in decentralized system and the optimal decision in centralized system. Finally, in order to make a more specific and detailed study on the profit and decision-making based on the credit guarantee financing model, the important parameters of the model are analyzed. Through the calculation, it is proved that under the credit guarantee of the core enterprise, the retailer has the optimal ordering strategy, and the core enterprise has the best wholesale price. The influences of the partial credit guarantee coefficient and the retailer’s loan coefficient on the supply chain finance decision-making are also studied.

This study aims to analyze the efficiency performance of conventional and Islamic rural banks in Indonesia, specifically, Bank Perkreditan Rakyat (BPR) and Bank Pembiayaan Rakyat Syariah (BPRS). Using a DEA approach, the results indicate that both BPR and BPRS are still inefficient in terms of the intermediation role but are efficient in production. Furthermore, the Tobit estimation show that these two efficiency results are positively affected by location and the capital adequacy ratio (CAR). These rural banks operating in cities tend to have a higher level of efficiency than otherwise. Moreover, the higher the capital, the more efficient both Islamic and conventional rural banks in terms of production and intermediation.

This paper identifies the distinctive features of Islamic financial institutions and traditional secular banks based on loan interest. The relevance of this study is caused by the need to assess the integration of the Islamic financial model into the financial system of national economies with the non-Muslim population. In recent years, Western European countries have taken an active interest in increasing cooperation with Islamic banks from the Persian Gulf countries thus expanding their activities and transforming their financial relations. Such cooperation is based on the complementarity of two financial models of banking. This issue is particularly acute given the increase in sanctions pressure and the ban on Russia’s largest banks to attract funding from many Western countries for more than 30 days. But in order to achieve effective synergy between the two models it is important to make a comparative analysis thus providing theoretical and methodological integration. The paper presents a brief description of the development of the Islamic financial activity model. The concept of activities of Islamic financial institutions in the classification of transactions carried out by Islamic banks and other organizations engaged in insurance, trade and settlement activities is considered. The approaches of the scientific community to assessing the efficiency of Islamic financial institutions are reviewed. The main differences between Islamic financial institutions and secular commercial banks are systematized and grouped by classification criterion with identification of their peculiarities. The main structural, standard, regulatory, and infrastructure problems in the development of the Islamic financial model are defined.

Abstract. Indonesian Islamic rural bank or usually called Bank Pembiayaan Rakyat Syariah (BPRS) conducts business in Indonesia in activities based on sharia principles and providing banking services. The challenging business of BPRS right now is facing the Financial Technology (Fintech) business that grows very fast. Current market conditions request transactions simpler and easier, and the financial industry must be changed to accommodate this condition. To be able to compete with Fintech company, BPRS must be changed to adapt to the customer's needs by implemented Fintech in their business. The study aims to determinant the issues on implementing Fintech for BPRS. This study applies by using the Delphi method combined with the Likert scale. Data was obtained by an in-depth interview with three groups of experts as respondents including BPRS practitioners, Fintech practitioners, and experts. The result of this study shows Fintech is needed by BPRS to simplify the registration process, assess the quality of financing, expand their market share, and adopt ecosystem processes. This study has resulted in BPRS should develop Fintech by their resource, then collaborate with Fintech company on the Fintech area that can't be developed by BPRS. Keywords: BPRS, Collaboration, Delphi, Ecosystem, Fintech

Use and disclosure of non-halal income in Islamic banking in Indonesia to analyze the use and disclosure of non-halal income in the financial statements of Islamic banking in Indonesia. The purpose of this study is to find out whether Islamic banking in Indonesia has explained the use and disclosure of non-halal income. The research method used is a qualitative method with a descriptive approach. The data used is a type of secondary data. The secondary data referred to in this study was taken from the annual reports of Islamic Commercial Banks (BUS) in Indonesia for the 2020-2021 period which have been published on the official website of each bank that is a member of Islamic Commercial Banks (BUS). Meanwhile, the reports referred to in this study include non-halal income financial reports, both those that are an integral part of a report and those that stand alone. The population in this study is all Islamic Commercial Banks (BUS) in Indonesia for the 2020-2021 period. The results of the research show that in 2021 only Bank Aladin Syariah does not have non-halal sources of income. Meanwhile, for other banks, namely Bank Panin Dubai Syariah in 2020 and 2021, it does not explain the use and acquisition of non-halal income. Other banks such as Bank Bukopin Syariah, Bank Aceh Syariah, BTPN Syariah, BCA Syariah, BJB Syariah, and BSI have explained the source and use of benevolent funds in their financial reports.

Small and medium-sized enterprises have made great contribution to the prosperity of market economy and the stability of social order in China, but they often suffer from the financing difficulties. Supply chain finance model is a new angle of view to solve the financing difficulties of small and medium-sized enterprises. Firstly, this paper defines the related theory of supply chain finance. Secondly, it analyzes the three main financing models of supply chain finance: the financing model of prepayment, the financing model of inventory pledge and the accounts receivable financing model. Thirdly, it combines the expert evaluation method and the fuzzy comprehensive evaluation method to establish the comprehensive evaluation model of financing credit risk of small and medium-sized enterprise. Finally, it provides some suggestions in the financial institutions aspect to prompt the financing development of small and medium-sized enterprises. The contents of this study have certain innovative and practical significance, it may benefit to solve the financing problems of small and medium-sized enterprises in China.