Ijarah Financing Research Articles

ANALYSIS OF THE DIFFERENCES IN THE INFLUENCE OF FINANCING AND INFLATION ON THE PROFITABILITY OF BANK SHARIA INDONESIA (BSI) BEFORE AND AFTER THE MERGER

The purpose of this study was to determine the effect of mudharabah, musyarakah, ijarah, murabahah, istishna’, and inflation financing on the profitability of Bank Syariah Indonesia (BSI) before and after the merger. Profitability in this study is measured by return on asset (ROA). This type of research is quantitative and comparative research because this research will compare the effect of bank financing on the financial performance of BSI before and after the merger. The data in this study are time series data and secondary data sourced from OJK, BSI, and Bank Indonesia websites. The data analysis technique used in this study is time series regression, data processing this study using Microsoft Excel and E-views 12 analysis tools. The results stated that mudharabah financing in the long term had a positive effect on BSI profitability before the merger, musyarakah financing, ijarah, murabahah, istishna’, and inflation had no effect on profitability. Meanwhile, in the period after the merger, long-term mudharabah financing had no effect on BSI profitability, musyarakah financing, and inflation had a positive effect on profitability, murabahah, and istishna’ financing had a negative effect on profitability, ijarah financing had no effect on profitability.

Pengaruh Pembiayaan Murabahah, Musyarakah, dan Ijarah Terhadap Pertumbuhan Aset Bank Umum Syariah Yang Terdaftar Di OJK Periode 2018-2023

This study analyzes the impact of murabahah, musyarakah, and ijarah financing on the asset growth of Islamic commercial banks in Indonesia from 2018-2023 using the FGLS method for panel data analysis. Results indicate that murabahah and musyarakah financing positively affect asset growth, while ijarah financing negatively affects it. These findings offer valuable insights for Islamic banks, regulators, and policymakers in Indonesia.

The Effect of Istishna Financing, Mudharabah Financing and Ijarah Financing on Financial Performance in Islamic Commercial Banks

The purpose of this study is to see the partial and simultaneous effects of istishna, mudharabah and ijarah financing on profitability (ROA) of Islamic Commercial Banks in Indonesia. The method is a descriptive quantitative approach. The sample and population in this study are Islamic commercial banks in Indonesia in 2018-2023 on a quarterly basis. So that there are 24 samples in this study. Isthisna financing results in the conclusion that the level of profitability (ROA is significantly negatively affected by istishna financing. In addition, mudharabah financing significantly and negatively affects the level of profitability (ROA). Furthermore, it is shown that ijarah financing does not significantly affect the level of profitability (ROA). Simultaneously, it is concluded that istishna financing and mudharabah financing have a significant negative effect on the level of profitability (ROA). Then ijarah financing has no significant effect on the level of profitability (ROA). Data analysis used in this study requires descriptive analysis test, classical assumption test and hypothesis testing. The data used is secondary from Islamic banking statistics with the Financial Services Authority (OJK) website.

Ijarah Financing Model for Farmers' Capital with a Post-Harvest Return System

The aim of this research is to determine the ijarah financing model for farmers’ capital with a post-harvest return system at BMT Maslahah Cabang Krucil. This research uses qualitative methods with data collection methods in the form of observation, interviews and documentation. One of the financing products offered by BMT Maslahah Cabang Krucil is ijarah financing with a post-harvest repayment system whose aim is to make it easier for farmers to obtain capital. Members who borrow capital with a post-harvest repayment system can return the capital they have borrowed in several harvests and the collateral required is also not that difficult, but BMT Maslahah The Krucil Branch continues to apply caution in providing loans. So this is one of the factors of public interest in ijarah financing with a post-harvest repayment system and at BMT Maslahah, the Krucil Branch does not apply an interest system but applies a profit sharing system. Where members can pay profit sharing. At the beginning of the loan period or paying in installments every month but cannot pay in full at the end of the due date.

Pengaruh Faktor Internal Dan Faktor Eksternal Terhadap Non Performing Financing (NPF) Pada Pembiayaan Bank Umum Syariah

This research aims to analyze the influence of internal factors and external factors of Sharia Commercial Banks on the NPF for murabahah financing, NPF for musyarakah financing, NPF for mudharabah financing, NPF for ijarah financing, NPF for istishna financing, and NPF for qardh financing. The research method used is quantitative research using secondary data from Bank Muamalat Indonesia, Bank BCA Syariah, Bank Panin Syariah, Bank Bukopin Syariah, Bank Mega Syariah, and Bank Victoria Syariah, all of which are the results of financial reports published by the OJK during the quarterly period. 1 of 2013 to the fourth quarter of 2022. The results of this research are that internal factors and external factors have an influence on NPF in murabahah, musyarakah and istishna financing in sharia commercial banks. Meanwhile, the NPF for mudharabah, ijarah and qardh financing is not influenced by internal and external factors in Islamic commercial banks.

Implementation of Bailouts on Umrah Financing Products at FIFGROUP Amitra Syariah in the Perspective of Positive Law and Islamic Law

The implementation of Umrah financing through bailouts is a product issued by PT. FIFGROUP (AMITRA) for Umrah financing through Umrah bailout funds using ijarah contracts, referring to Fatwa DSN MUI No. 09/DSN-MUI/VI/2000 concerning Ijarah Financing and Fatwa DSN MUI No. 44/DSN-MUI/VIII/2004 related to multiservice financing. Implementation of Umrah bailout funding at PT. FIFGROUP (AMITRA) benefits Ujrah by considering the customer’s repayment time rather than taking advantage of salaries and administrative services provided by PT. FIFGROUP (AMITRA) to customers. The view of Islamic law and positive law regarding the financial arrangement of Umrah through PT FIFGROUP (AMITRA) Genteng uses the Qardh Wal Ijarah contract because the implementation of the contract is not in accordance with what is regulated in fatwa DSN No. 29/DSN-MUI/VI/2002, where the amount of all-ijărah service compensation cannot be borne based on bailouts. Al-Qardh, or the provisions of Islamic law, tend to contain elements of usury.

Kedudukan Wilayah Al-Hisbah Pada Putusan Peradilan Nomor : 1083/Pdt.G/2023/Pa.Btl Tentang Sengketa Rahn dan Ijarah

A judicial decision is a question from the judge that is spoken at the trial and aims to end or resolve a case or dispute between the parties involved in the trial. Through hisbah, the state uses this institution to comprehensively control socio-economic conditions for business activities and economic practices. Religious court judges must use the compilation of sharia economic law as a source of material law to resolve sharia economic disputes. The author, using the normative juridical method, systematically describes the structure and content of judicial decisions and then the basis for the judge's consideration of the position of the al-hisbah area regarding judicial decisions as well as the practice of pawning (rahn) and ijarah financing according to sharia economic law. This research uses a case research approach (Case Approach). This approach includes reviewing cases related to the main problem and then using them to make court decisions that have permanent legal force (Inkracht). Qualitative data analysis presenting data, reducing it, and drawing conclusions from it. The judge in deciding the case used several legal bases such as Presidential Instruction Number 17/DSN-MUI/IX/2000 regarding witnesses for wealthy customers who postponed payments because after being identified the defendants were not found to have any defects in carrying out their obligations, namely paying maintenance costs, etc. as stated in the details of the plaintiff's total losses. The panel of judges decides cases fairly by applying ma'rūf and nahi mungkar for the benefit of the people according to the topic, especially sharia economics.

The Impact Of Islamic Financing Products On Islamic Banks Profitability: Case Of Al Rayan Bank (Qatar)

This study aims to determine the effect of islamic financing products on Islamic banks profitability of Al Rayan Islamic Bank. This research uses Quarterly data of Al Rayan Bank for 2011Q1-2023Q1.The variables used in this study are independent variables, Musharaka, Murabaha, Istisna’a and Ijarah financing. While the dependent variable is, the Islamic bank's profitability measured by (ROE).The study used ARDL Model to analyze the short and long-term relationships between variables. Data collected were analyzed by using EViews10 software. ARDL bounds test findings shown that there is a cointegration relationship between bank profitability and Islamic financing Products variables in the long run. The results of the long-run analysis show that Musharaka financing has a positive and significant effect on ROE at the 5% level. Murabaha financing has a negative and significant effect on ROE. Meanwhile, the Istisna’a and Ijarah variables have no significant effect on ROE. The short run dynamics show that there is a negative and significant effect of Murabaha and Ijarah financing on the profitability of the Islamic bank, while lagged value of Murabaha LMUR(-1) has a positive and significant effect on the profitability index of the Islamic bank. Simultaneously, there is no relationship and effect of Musharaka and Istisna’a on the profitability of the Islamic bank in the short term

Perbandingan Pembiayaan Bank Muamalat Indonesia Sebelum dan Sesudah Pandemi Covid-19

The impact of Covid-19 on the movement of financing values, many have experienced a decline, including Bank Muamalat Indonesia. Before and during the Covid-19 pandemic, all financing values classified as productive assets at Bank Muamalat Indonesia experienced turmoil in their intermediary function which tended to decline. Changes that occur in the value of financing are a reflection of the performance of Bank Muamalat Indonesia itself and are a response to various external factors in Indonesia. This research formulated other problems, 1) How was the movement of financing products before the Covid-19 pandemic at Bank Muamalat Indonesia? 2) How was the movement of financing products during the Covid-19 pandemic at Bank Muamalat Indonesia? 3) Were there significant differences in financing products before and during the Covid-19 pandemic at Bank Muamalat Indonesia? The sampling technique used was purposive sampling. The amount of financing sampled in this study is limited to murabahah, istisna, qardh, mudharabah, musyarakah, and ijarah financing. The analytical method used is descriptive comparative analysis with data processing using the SPSS 25 program. In this study, the results obtained based on the paired sample t-test differed that there were significant differences in murabahah, istisna', qardh, musyarakah financing with successive values of 0.000, 0.000, 0.011, 0.045 and there were no significant differences in mudharabah financing before and during the Covid-19 pandemic with a value of 0.455. Meanwhile, the results of the Wilcoxon signed rank test for ijarah financing with a value of 0.028 indicate that there were significant differences before and during the Covid-19 pandemic at Bank Muamalat Indonesia.

Analisis Pembiayaan Ijarah Perbankan Syariah

At present there are many Islamic banks that have been established and developed in Indonesia, all Islamic banks compete with each other in making their products, as well as providing the best service to the community (customers) Many products have been operated by Islamic banks, among others: ijarah financing this product is shown to serve the community (customers). And one of the Islamic banking financing products opened to serve and facilitate the many Indonesian people who use ijarah financing. The problem formulation in this study is How is the ijaroh financing mechanism at KOSPPI, How is the suitability of ijaroh financing at KOSPPI with Islamic economic law? The data analysis method used in this research is descriptive qualitative method. In this study there are two things that will be analyzed, namely the Ijarah financing procedure and sharia accounting standards. Data collection used in this research is literature study, namely by reading or taking information from scientific journals, books and also utilizing the internet as a source of information. From the discussion above, the following conclusions can be drawn: that Islamic banking financing products based on lease contracts consist of pure leases and leases that end with the transfer of ownership rights or known as ijarah muntahiya bit tamlik. Ijarah vomia bit tamlik (IMBT) is basically a combination of leasing and buying and selling.

The Influence of Sharia Commercial Bank Financing on Profitability

Introduction - The theme of this research is the effect of financing on the profitability of Islamic Commercial Banks. Profitability is the company's ability to generate profits with all the capital owned by the company. Companies or banks that have a high rate of return on investment use relatively small debt because the high rate of return allows the company to finance most of its internal funding.Objective – This research was conducted with the aim of analyzing the effect of mudharabah, musyarakah, murabahah, istishna'dan ijarah financing on profitability in Islamic commercial banks registered with OJK for the 2017-2021 period Methodology - This research uses quantitative research. The data used is secondary data obtained from the annual financial reports of Islamic commercial banks registered with the Financial Services Authority (OJK) for the 2017-2021 period. The number of samples used was 28 samples obtained using purposive sampling method. The analysis technique used is multiple linear regression with the help of the SPSS 25 program. Findings - The research results obtained show that the financing variables mudharabah, murabaha and ijarah have no effect on profitability, while musyarakah and istishna' variables have a negative effect on profitability. Implications - The results of this study are expected to improve banking performance from financial and non-financial aspects.

Perlakuan Akuntansi Pembiayaan Ijarah berdasarkan PSAK no.107 (Studi Kasus BMT Rizqona Ikabu Tambakberas Jombang)

BMT Rizqona Ikabu Tambakberas Jombang is a sharia people's bank that has a variety of financing products, one of which is ijarah financing. The purpose of this financing is to meet customer needs on a consumptive basis.This study aims to analyze the accounting treatment of ijarah financing based on PSAK No. 107 (a case study of BMT Rizqona Ikabu Tambakberas Jombang). To reveal the problem as a whole, researchers used descriptive qualitative methods with data collection techniques in the form of observation, interviews and documentation. From the results of research that has been done that the accounting treatment for ijarah financing based on PSAK no.107 (a case study of BMT Rizqona Ikabu Tambakberas Jombang) in its practical activities is in accordance with PSAK no.107. in accordance with the indicators of PSAK no.107 accounting for recognition and measurement, presentation and disclosure are in accordance with PSAK no.107 except in the case of the accounting records of recognition and measurement of repair or maintenance of ijarah objects the lessee does not recognize and measure these costs

THE IMPACT OF ISLAMIC FINANCING PRODUCTS ON ISLAMIC BANKS PROFITABILITY

This study aims to determine the effect of Musharaka, Murabaha, Istisna’a and Ijarah financing on the profitability of Al Rayan Islamic Bank. This research uses Quarterly data of Al Rayan Bank for 2011Q1-2023Q1. The data is taken from the financial statements of income and statements of financial position. The variables used in this study are independent variables, Musharaka, Murabaha, Istisna’a and Ijarah financing. While the dependent variable is, the Islamic bank's profitability measured by Return on Equity (ROE).The study used ARDL and Error Correction Models to analyze the short and long-term relationships between variables. Data collected were analyzed by using EViews10 software. ARDL bounds test findings shown that there is a cointegration relationship between bank profitability and Islamic financing Products variables in the long run. The results of the long-run analysis show that Musharaka financing has a positive and significant effect on ROE at the 5% level. Murabaha financing has a negative and significant effect on ROE. Meanwhile, the Istisna’a and Ijarah variables have no significant effect on ROE. The short run dynamics show that there is a negative and significant effect of Murabaha and Ijarah financing on the profitability of the Islamic bank, while lagged value of Murabaha LMUR(-1) has a positive and significant effect on the profitability index of the Islamic bank. Simultaneously, there is no relationship and effect of Musharaka and Istisna’a on the profitability of the Islamic bank in the short term.

Analysis of The Influence of Profit Sharing, Ijarah And NPF Financing On The Profitability of Sharia Business Units In Indonesia

Indonesian statistical data shows significant developments in the Islamic banking sector. This is evidenced by the increase in the number of 20 Islamic Commercial Banks (BUS) with an average asset of 478,831 billion and 13 Islamic Business Units (UUS) with an average asset of 255,943 billion. The purpose of this study was to determine the effect of profit sharing, ijarah funding and NPF on profitability (ROA) in Indonesian Islamic Business (UUS). Profit sharing and ijarah financing is a form of bank business to generate profits in accordance with sharia principles. NPF is bad credit that arises when bank funds are channeled, but can affect bank income. The data source for this research is secondary data in the form of UUS (Maybank Indonesia) financial reports for the 2017-2022 period using a quarterly model. The research method used is a quantitative approach using linear regression analysis techniques. The results of this study indicate that simultaneously profit-sharing financing, ijarah and NPF have a positive effect on ROA. Partial test results, profit sharing and ijarah financing have a significant effect on ROA, while NPF has no significant effect on ROA.

KAJIAN HADITS TENTANG PERJANJIAN DALAM MEWUJUDKAN PERDAMAIAN PADA PEMBIAYAAN IJARAH MULTIJASA DI LEMBAGA KEUANGAN MIKRO SYARIAH

In writing this aims to examine the hadith regarding the agreement in realizing peace on Multijasa Ijarah Financing at KSSU Harum Dhaha Kediri. By using a qualitative approach with thematic and interpretive data analysis to gain a comprehensive understanding. The results of the writing show that the Agreement on multiservice ijarah financing at KSSU Harum Dhaha Kediri has an important role in creating peace and justice. With clear, transparent, and fair agreements, the parties involved can carry out their business activities safely and smoothlyIn addition, the agreement refers to the hadith of the Prophet as a source of law governing peace in transactions. The agreement also functions as a risk control instrument and provides a dispute resolution mechanism. Thus, multiservice ijarah financing at KSSU Harum Dhaha Kediri can contribute positively to economic growth based on Sharia values.

PENGARUH PEMBIAYAAN MURABAHAH, MUDHARABAH DAN IJARAH TERHADAP TINGKAT LABA BERSIH PADA BANK UMUM SYARIAH DI INDONESIA PERIODE 2015-2019

The purpose of this study was to determine the effect of Murabahah, Mudharabah, and Ijarah Financing on the Net Profit Rates of Islamic banks in Indonesia. This research uses the positivism paradigm with a quantitative approach. The population in this study were all Sharia Commercial Banks registered at Bank Indonesia while the sampling technique used purposive sampling techniques and obtained 3 Sharia Commercial Banks. The data analysis method used in this study is multiple linear regression analysis. The results of this study are murabaha financing has a significant effect on net income and mudharabah financing does not significantly influence net income, while Ijarah financing does not significantly influence net income.

Relevance Analysis of Akad Ijarah Muntahiyah Bittamlik at BMT Syariah Bening Suci Prambanan with Fatwa of DSN MUI No. 27/DSN-MUI/III/2002

The growing Ijarah contract has resulted in this Ijarah contract being changed to the Ijarah Muntakiyah Bittamlik contract, which is a lease that ends with the use of property. In fact, Islamic banks rarely use IMBT, although in the interest of diversifying cost products , the following arrangements are considered mandatory in order to streamline their implementation. The following research uses a type of field research that is analytical descriptive in nature . As well as with the completeness of library research and content analysis by carrying out a comparison of the MUI Akad fatwa regulations with the practices contained in the BMT Syariah Bening Suci Prambanan. The results of the following research are that the Ijarah Muntakiya Bittamlik MUI contract and the practice of Ijarah Muntakiya Bittamlik BMT Syariah Bening Suci Prambanan are appropriate. Its application includes Fatwa No.09/DSN-MUI/IV/2000 concerning Ijarah Financing, No.71/DSN-MUI/VI/2008 concerning Sale and Purchase, No.27/DSN-MUI/III/2002 concerning al-Ijarah al- Muntakiya Bittamlik, No.56/DSN-MUI/V/2007 regarding Revision of Ujrah in LKS, No.89/DSN-MUI/XII/2013 concerning Sharia Refinancing.

Kompetensi Hakim dalam Gugatan Sederhana Sengketa Ekonomi Syariah di Pengadilan Agama Bantul

This study examines the competence of judges in simple lawsuits for sharia economic disputes at the Bantul Religious Court (Decision Study Number 2/Pdt.G.S/2019/PA.Btl). The focus of the research is the opportunity for disputes over objects that serve as collateral in multiservice ijarah financing agreements. The purpose of this study is to determine the competence or authority of judges regarding these sharia economic disputes. The research method used is a normative juridical research type, in which research is aimed at written regulations or legal materials in the form of court decisions, namely decision Number 2/Pdt.G.S/2018/PA.Btl. Sources of data in the form of decisions, laws and PERMA are outlined in the form of narrative descriptions, not transformed into numbers. Then analyzed deductively in accordance with the theoretical framework used. The results of this study are the defendant's guarantee cannot be executed because it is a land dispute and the judge is not authorized to examine and adjudicate the dispute, because land disputes cannot be resolved through a simple lawsuit. So that the case was crossed out from the case register at the Bantul Religious Court and could be re-registered to be resolved through an ordinary procedural lawsuit.

IMPLEMENTASI AKAD PEMBIAYAAN DI KSPPS BMT AL-ITTIFAQIAH INDRALAYA DALAM TINJAUAN FATWA DEWAN SYARIAH NASIONAL

This research was conducted to find out how the implementation of murabahah and ijarah financing contracts at BMT al-ittifaqiah and their suitability with the fatwa of the national sharia council (DSN). The research method in this study is a qualitative method. The data in this study used primary data through interviews and secondary data through literature studies. The data analysis technique used is data reduction to summarize data from the field and data display for data presentation. The results in the study stated that: (1) Implementation of muraba̩hah and ijarah contracts at BMT Al-Ittifaqiah Indralaya Ogan Ilir South Sumatra has implemented product operational standards that have been regulated by OJK in the established regulations, and (2) Implementation of muraba̩hah and ijarah contracts at BMT Al -Ittifaqiah Indralaya Ogan Ilir South Sumatra has complied with the DSN-MUI fatwa NO.04/DSN-MUI/IV/2000 regarding murabah̩ah and DSN-MUI fatwa NO09/DSN-MUI/VI/2000 concerning ijarah contracts, looking at the mechanism of the procedure for implementing the contract at BMT Al-Ittifaqiah Indralaya Ogan Ilir, South Sumatra.

Akad Ijarah: Multijasa Financing Mechanism In Baitul Maal Wa Tamwil (BMT)

Purpose - The purpose of this research is to find out how the mechanism of multijasa financing using ijarah contract and the determination of ujrah which is related to Fatwa DSN-MUI at KSPPS BMT DAMAR Fatmawati Branch Office, Semarang City.Method - The method in this research is qualitative case study type. Data were obtained through observation, interviews and documentation. Furthermore, the collected data were analyzed descriptively.Result - The results of the study state that the practice of ijarah contracts in multijasa financing at KSPPS BMT DAMAR KC Fatmawati includes: 1.) BMT acts as a provider of funds; 2.) BMT provides funds to realize the object of member rent, such as education costs, childbirth, home renovations, renting a shop. Then, the funds are handed over to the member; 3.) members can return the funds in installments. While on the determination of ujrah/fee, the BMT is guided by the nominal amount. The amount of ujrah is clearly stated at the time of the contract execution. This means that KSPPS BMT DAMAR KC Fatmawati is also a mediator between members and renters through a number of financing submitted by members. This is not in line with the obligations of sharia financial institutions, namely providing the leased goods or services provided as stated in Fatwa DSN-MUI No.09/DSN-MUI/IV/2000.Implication - This research was conducted to provide an overview of the practice of ijarah financing and the determination of ujrah at BMT and see the relationship based on Fatwa DSN-MUI Number 44 of 2004.Originality - There have been many discussions about ijarah contracts in sharia microfinance institutions/Baitul maal wat tamwil (BMT). However, there are still few who discuss multijasa financing with ijarah contracts correlated with DSN-MUI Fatwa Number 44 of 2004.