Profit Sharing Research Articles

The Effect of Perceptions of Profit Sharing, Islamic Financial Literacy, and E-Banking on Customer Interests in Using Bank Syariah Indonesia (BSI) Services Religiosity as a Moderating Variable

The Effect of Perceptions of Profit Sharing, Islamic Financial Literacy, and E-Banking on Customer Interests in Using Bank Syariah Indonesia (BSI) Services Religiosity as a Moderating Variable

Digital Davids, global Goliaths, and the Web3 sling

The Web 2.0 digital economy, centered on dominant platforms, generates substantial opportunities for managers and entrepreneurs yet creates critical dependencies. Platform-dependent businesses engage in competitive actions—rivalrous, competitive-cooperative, and relational—vis-à-vis digital platforms to gain a fair share of economic value. While the (supposedly) trustworthy custodians of digital data have captured a disproportionate share of revenue and profits, Web3 promises to tilt the balance away from dominant platforms by providing mechanisms that replace centralized organizational trust with decentralized technological trust. Here, innovations such as blockchains and smart contracts complement antitrust laws and regulations in limiting platform power. Furthermore, this study suggests that end users, peers, and regulators may play an important role in helping businesses draw investors’, users’, and customers’ attention away from Web 2.0 platforms. To effectively leverage decentralized trust as a novel aspect of competitive actions, business leaders must pursue Web3 technologies that are reliable, high-growth market segments that are credible, and ventures that are investable.

The Effect of Regional Genuine Income, Profit-Sharing Funds, General Allocation Funds, and Budget Return Calculations on Official Travel Expenditure

This study examines the effect of Regional Own Revenue, Profit Sharing Funds, General Allocation Funds, and the excess budget calculations on Official Travel Expenditures for District/City Governments in Aceh Province from 2016 to 2019. The type of research used is hypothesis testing. The total research sample for regional/city governments in Aceh Province is 23 regional/city governments. The study used secondary data from LRAs of 92 documents in LKPD for the 2016 to 2019 Fiscal Year (Audited) in 23 districts/City Governments in Aceh Province and analyzed using multiple linear regression analysis. The results show that (1) PAD has no effect on Business Travel Expenditure, (2) DBH influences Business Travel Expenditure, (3) DAU influences Business Travel Expenditure, (4) SiLPA influences Business Travel Expenditure, and (5) PAD, DBH, DAU and SiLPA jointly influence Official Travel Expenditures. So that this research has implications for adding insight to District/City Governments in Aceh Province about the factors that contribute to Official Travel Expenditures and Helps improve accountability and transparency of budget use in official travel.

Analisis Kinerja Perbankan Syariah 2018-2022 Dengan Menggunakan Pendekatan Islamicity Performance Index

This study aims to analyze the financial performance of Indonesian Sharia Peranakans for the 2018-2022 period using the Islamicity Performance Index approach. CAR, BOPO, and NPF are the financial ratios which are the variables that will be examined, and the Profit Sharing Ratio is the financial ratio of the Islamicity Performance Index which will be analyzed for its performance. The formulation of this research is: How is the Performance of Indonesian Sharia Banking for the 2018-2022 period using the Islamicity Performance Index Approach? and whether there is an influence of CAR, BOPO, and NPF financial ratios on the Profit Sharing Ratio. This study uses a quantitative research method with secondary data in the form of financial reports obtained from the Sharia Banking Statistics of the Financial Services Authority (SPS OJK). The results of the research analysis that has been carried out, it can be seen that the financial ratios of CAR, BOPO, and NPF affect the Profit Sharing Ratio, where this profit sharing ratio is one of the main objectives of Indonesian Islamic Banking. The recommendation for this researcher is that it is better for Indonesian Islamic Banking to further increase the PSR ratio or profit sharing so that it is important to identify the extent to which a bank has achieved its goals, because the large acquisition of profit sharing for Islamic banks will later become an advantage for the bank itself.

Analysis of Implementation of Margins with Flat Installments in Murabahah Financing on Products iB PMG Motor Vehicles in the Bank of Sumut Sharia KCP HM Yamin

This study aims to determine the mechanism for implementing margins with flat installments in murabahah contracts and the factors that influence them on motor vehicles ib PMG products at Bank Sumut Syariah KCP HM Yamin. This study uses a descriptive qualitative approach with primary and secondary data sources. This study used data collection techniques by interviewing. The results of the research are that the mechanism for implementing margins on flat installments on murabahah contracts for iB PMG Motorized Vehicle products at Bank Sumut Syariah begins with the analysis of the treasure division by considering various costs and all that affect the financial value of Bank Sumut Syariah which is then discussed together with the DPS of the Bank. Sumut Syariah will then be presented at a joint meeting with Bank Sumut Syariah officials to agree on the provisions that have been analyzed and proposed by the treasure division. The size of Bank Sumut Syariah's margin is influenced by cost factors related to Overhead Costs, Profit Sharing of Third Party Funds (DPK), and Volume of Murabahah Financing. This study aims to determine the mechanism for implementing margins with flat installments in murabahah contracts and the factors that influence them on motor vehicles ib PMG products at Bank Sumut Syariah KCP HM Yamin. This study uses a descriptive qualitative approach with primary and secondary data sources. This study used data collection techniques by interviewing.

Pengaruh Tingkat Bagi Hasil, NPF dan DPK Bagi Profitabilitas Pada PT. Bank Muamalat Indonesia

This study aims to examine the effect of Third Party Funds, Non-Performing Finance (NPF), and Profit-Sharing Rates on profitability (ROA) at Bank Muamalat Indonesia. This research uses quantitative methods. Sampling using a probability sampling method, the method by which the sample is taken is using a simple random sampling technique. The data used is secondary data obtained from the annual report at Bank Muamalat Indonesia for the period 2008-2020. The analysis used in this study is multiple linear regression analysis. The results show partially that the Third Party Fund variable has a significant negative effect on profitability (ROA), Non- Performing Finance (NPF) has no significant effect on profitability (ROA), Profit Sharing Rate has a positive effect on profitability (ROA), and Profit-Sharing Rate as the dominant variable on the influence of bank profitability.

THE ROLE OF WAKAF IN REALIZING PEOPLE'S WELFARE

Poverty is one of the many problems in this country. Various efforts have been made by the government and elements of society so that the problem of poverty in this country can be resolved. Some attempts were successful, some were not. Poverty that occurs in society is not entirely the responsibility of the government, but is a shared responsibility between the government and the community. is to manage waqf productively. This research is related to the potential of waqf as a development for the welfare of the community. This research is a qualitative research and uses library research (Library Research). The data sources in this study consisted of primary data and secondary data. The primary data sources in this study were the book by Mannan, M. Abdul, Cash Waqf Certificate A, Islamic Financial Instruments and Mustafa E. Nasution's book “Islamic Financial Innovation Cash Waqf. that waqf in Indonesia has an annual economic potential of IDR 3 trillion. The potential is extraordinary, especially if the funds are handed over to the manager and invested in a productive sector, for example, the funds are deposited in an Islamic bank, in other words, every year Islamic banks provide 9% Profit Sharing, then at the end of the year there will already be funds of IDR 270 Billion. The benefits of cash/cash waqf are not only able to increase economic growth, but also to create income distribution.Keyword: Cash Waqf, Welfare, Empowerment Public

Analisis rasio yang mempengaruhi stock return pada perusahaan sektor perbankan syariah

This study aims to determine the effect of earnings per share, debt-to-equity ratio, and changes in net profit on stock return with price-to-book value as a mediator. This research is quantitative, with analytical tools in the form of path analysis and mediation testing using the Aroian test. The population used is the financial sector companies listed on the Indonesia stock exchange. The sampling technique is purposive sampling. With the provisions of the listed Sharia banking sector companies, having verified financial statements and actively transacting shares on the IDX from q2 2018 to q1 2021. Based on the t-test results, the earning per share variable hurts stock returns, but the debt-to-equity ratio and changes in profit do not affect stock returns. In contrast, price-to-book value positively affects stock returns. Earnings per share positively affect the price-to-book value, while the debt-to-equity ratio and net profit do not affect the price-to-book value. The results of the Aroian test found that only earnings per share on stock returns could be mediated by price to book value. Meanwhile, price-to-book value cannot mediate the debt-to-equity ratio and net profit.

ANALYSIS OF SOCIO-CULTURAL AND ENVIRONMENTAL ASPECTS OF THE FUNCTIONING OF INDUSTRIAL ENTERPRISES IN THE CONDITIONS OF UNITED TERRITORIAL COMMUNITIES IN UKRAINE

The article examines the results of the analysis of socio-cultural and ecological components, defines the main features of these components of sustainable development of the studied industrial enterprises as a whole. A study of the main indicators that determine and reflect the socio-cultural component of the implementation of the germinal development of industrial enterprises of the Ternopil Region was carried out. The negative dynamics of the decrease in the share of profit oriented towards the social needs of both the workers of industrial enterprises and the community they represent are highlighted. An increase in labor productivity was noted at all the investigated enterprises. An analysis of the ecological component was carried out. The criteria that must be used when developing a strategy for the sustainable development of an industrial enterprise are described, and this will allow preserving the environment for future generations, and will not worsen the environmental conditions around the enterprise itself. It was determined that the basis of the current germinative development of industrial enterprises should be the protection and rational treatment of the environment. It was emphasized that it is necessary to solve the most painful problems, namely: pollution of air, water, and soil. The world experience of industrial entrepreneurship, which offers the basis of ways in the field of solid household waste management, is described. Having studied the socio-cultural and ecological components, it should be noted that the main threats in the future may be: an increase in the level of inflation, a decrease in wages for employees of an industrial enterprise, the destruction of socio-cultural infrastructure and environmental pollution due to the military invasion of the Russian Federation in Ukraine. In general, negative trends require the implementation of the concept of strategizing actions focused on strengthening the main components of the German development of these industrial enterprises.

A Model of Linear Programming for Profit Optimization and Share Profit between Investment Partners and Seller: A Case Study of Bangladesh Cookies Company

A Model of Linear Programming for Profit Optimization and Share Profit between Investment Partners and Seller: A Case Study of Bangladesh Cookies Company

Pengukuran Kinerja Keuangan Bank Syariah Indonesia Pasca Merger Menggunakan Pendekatan Islamicity Performance Index

This study aims to measure the performance of Indonesian Sharia Banks. Bank Syariah Indonesia is a bank resulting from the merger of three state-owned sharia commercial banks, namely Bank Rakyat Indonesia Syariah, Bank Negara Indonesia Syariah and Bank Syariah Mandiri. Previously, research on these 3 banks had been carried out before the merger occurred. This study seeks to see the performance of Indonesian Islamic Banks after the merger using the Islamicity Performance Index approach. The data used is Bank Syariah Indonesia annual report data for 2021. The results of this study show that two indicators have very satisfactory values, namely Islamic Investment vs. Non-Islamic Investment and Islamic Income vs. Non-Islamic Income, the Equitable Distribution Ratio indicator has a fairly good value, the Profit Sharing Ratio indicator has an unsatisfactory value, and the last two indicators, namely the Zakat Performance Ratio and the Director-Employee Welfare Ratio have very unsatisfactory values.

Faktor faktor yang mempengaruhi profitabilitas pada BPRS Serambi Mekah Kota Langsa

Bank is a financial institution that aims to make a profit. This profit is obtained from the management of funds from the community. Profitability is the bank's ability to generate / earn profits as measured by the ROA ratio. Return On Assets (ROA) is one way to measure the level of a bank's ability to make a profit. This study aims to examine profitability which is influenced by Earning Assets, Operating Income, Operational Expenses, and Profit Sharing for Fund Owners at PT BPRS Seurambi Mekah Kota Langsa. In this study using quantitative data because it analyzes data in the form of numbers / numerics. Data obtained based on the publication of Annual Bank, the analysis technique used is multiple linear regression analysis. The results of this study found that Productive Activities and Operational Expenses have a significant effect on profitability, and profit sharing on fund owners has no significant effect on profitability.

Effect of Islamicity Performance Index on Profitability of Sharia Commercial Banks

Dramatic development of sharia economic has changed the existing structure of banking industry and created the so called sharia banking. Sharia Commercial Banks as the implementer of sharia banking feel necessary to maintain and improve performance and profitability. The objective of this research is to understand and analyze the effect of performance of Sharia Commercial Banks on profitability. Research population includes all Sharia Commercial Banks in the registry of Financial Services Authority in period 2020. Sampling technique is purposive sampling. Research sample with criteria is 6 Sharia Commercial Banks. Panel data regression is used as data analysis method because this research is processing cross-section data and time series data. The results of research show that Profit Sharing Ratio and Islamic Income Ratio have negative effect but not significant on profitability of Sharia Commercial Banks, Zakat Performance Ratio has negative and significant effect on profitability of Sharia Commercial Banks, and Equitable Distribution Ratio has positive and significant effect on profitability of Sharia Commercial Banks.

Corporate Power and The Return of Inflation

The origin of the current inflation stemmed from the disruptions caused by the COVID-19 induced recession, the subsequent efforts to mitigate those disruptions, and the exercise of corporate power. First, the article addresses the mainstream views of inflation, all of which ignore corporate power. Second, the article considers the concept of administered prices developed by Gardiner Means. Third, the article examines the empirical data, finding that the profit share of domestic income is at its highest since 1929. The fourth section considers the policy of countering inflation by raising interest rates, the threat of recession, and the reallocation of claims to the “functionless investor.”

The Effect Of Profit Sharing Payments, Financial Deposit Ratio, Company Size On Mudharabah Deposits

This study aims to analyze the effect of the payment of Profit Sharing, Financing to Deposit Ratio (FDR), and Company Size on Mudharabah Deposits at Islamic Commercial Banks in Indonesia. There are 13 Islamic Commercial Banks and the sample used is 11 banks. This type of research is quantitative research. The unit of analysis used in this research is the annual reports of Islamic commercial banks from 2015 to 2020.
 The results of the study show that profit sharing and company size have a significant effect on mudharabah deposits in Islamic banking in Indonesia. A number of profit-sharing payments make customers interested in making mudharabah deposits at Islamic banks, on the one hand the task of Islamic banks is to provide satisfaction for customers with usury-free practices. This usury-free practice may not provide as many benefits as conventional banks, but the amount of profit-sharing payments and the size of this company have had a significant influence on the value of mudharabah deposits. Banks that have a company size that is categorized as large will have more assets and capital funds, so that Islamic banks can manage business funds more from many sources that can bring benefits to Islamic banks. The Muslim community in Indonesia believes in Islamic banking operations, which makes them open savings deposits at Islamic banks. The effect of the Debt to Ratio financial ratio is not significant to mudharabah deposits, which means this debt ratio, in this study sample the average FDR at Islamic banks is high which makes it not significant to mudharabah deposits, on the one hand the profit sharing payments in this study are significant.

EVALUASI KINERJA KEUANGAN PERBANKAN SYARIAH DI INDONESIA MENGGUNAKAN METODE RGEC DAN ISLAMICITY PERFORMANCE INDEX (IPI)

ABSTRACT This study aims to determine the financial performance of Islamic banking in Indonesia using the RGEC method and the Islamicity Performance Index.To find out this, researchers used a descriptive quantitative method with secondary data collection techniques in the form of financial reports that are available on the official website of each Islamic bank for the 2017-2021 period. The samples used were 5 Islamic Banks. The results of financial performance research using the REC method (Risk Profile, Earnings and Capital), namely NPF, FDR, BOPO and CAR show that the five banks are in good condition. However, the Earnings ratio (ROA) of Bank Muamalat Indonesia is considered Not Good with an average percentage of 0.04% and the other four banks are considered Fairly Good with an average percentage of ≥0.05%. The results of the research on financial performance using the Islamicity Performance Index method on the Profit Sharing Ratio show that the four Islamic banks are in good condition and Bank BTPN Syariah is in a bad condition with an average percentage of 0.024% less than 30%. The Zakat Performance Ratio and Equitable Distribution Ratio of the five Islamic banks are stated to be very unfavorable. In Islamic Investment vs. Non-Islamic Investment and Islamic Income vs. Non-Islamic Income, the five Islamic banks are stated to be very good with an average percentage of ≥50.Keywords: Evaluation, RGEC, Islamicity Performance Index

DETERMINATION OF GENUINE OWN INCOME, PROFIT-SHARING FUNDS, GENERAL ALLOCATION FUNDS, SPECIAL ALLOCATION FUNDS AND SILPA ON CAPITAL EXPENDITURES IN 5 CITIES IN ACEH PROVINCIAL GOVERNMENT IN 2012-2021

This study aims to determine the Determination of Regional Original Income, Profit Sharing Funds, General Allocation Funds, Special Allocation Funds and Silpa on Capital Expenditures in 5 Cities in the Provincial Government of Aceh in 2012-2021. The data used in this study are secondary data of 50 observations. . The method used to analyze the relationship between the independent variables and the dependent variable is panel data regression analysis. The results of the study show that local revenue has a positive effect on capital expenditure in 5 municipal governments in Aceh Province, revenue sharing has no effect on capital expenditure in 5 municipal governments in Aceh Province. General allocation funds have a negative effect on capital spending in 5 municipal governments in Aceh Province. Special allocation funds have a positive effect on capital spending in 5 municipal governments in Aceh Province. Silpa has no effect on capital expenditure in 5 municipal governments in Aceh Province.

Pengaruh Sistem Bagi Hasil dan Tingkat Suku Bunga terhadap Keputusan Pengambilan Kredit oleh Usaha Mikro Kecil dan Menengah (Studi pada BMT Insan Madani Magetan)

This study aims to determine the effect of the profit-sharing system and interest rates on the decisions of SME customers in taking credit as a business to develop their business, this research was conducted on BMT Insan Madani Magetan customers in financing Micro, Small and Medium Enterprises. The testing technique used is multiple linear regression analysis, hypothesis testing, validity test, simultaneous test and the results show that the profit sharing system has no effect on credit making decisions by MSMEs. The interest rate variable has a significant effect on credit making decisions by MSMEs. With Variable X1 Profit Sharing System, Variable 2 Interest Rate and Variable Y is Credit Decision.

Exploring Moral Hazard and Adverse Selection in Profit Sharing Contract

Purpose: The aim of this study is to review relevant articles on the problem of adverse selection and moral hazard in profit-sharing contracts in Islamic Banks. Adverse selection and moral hazard problems are problems that occur in profit-sharing contracts, so they impact the low porti on of this contract financing compared to margin-based and fee-based contracts. Theoretical framework: The profit sharing contract in an Islamic bank has two potential problems, namely adverse selection and moral hazard that arise due to asymmetric information. Asymmetric information can occur due to limited information owned by Islamic banks as owners of funds (shahibul maal) regarding the business to be run by customers (mudharib). This asymmetric information mainly causes the agency problem. If an agent is negligent in making decisions with negative consequences and does not want to take responsibility for his actions, this can be classified as a moral hazard. Moral hazard can be in the form of self-interest, side effects, fraud, opportunism, and the behaviour of agents who commit willful mistakes, negligence and breach of contract. Meanwhile, adverse selection arises when the principal cannot observe the agent's characteristics because of asymmetric information before the contract is signed. Design/methodology/approach: The study uses a qualitative approach by reviewing previous articles relevant to the discussion. The study is aligned with the practices that occur in profit-sharing contracts. Furthermore, discussions are deepened through forum group discussions with experts and practitioners in Islamic banks. Findings: The results show that the conflicts in profit-sharing contracts include principal-agent conflicts and principal-principal conflicts due to adverse selection and moral hazards. The study results reveal that signalling and screening measures can be applied to overcome adverse selection problems while monitoring actions and switching to debt contracts can overcome moral hazard problems. Research, Practical & Social implication: The study has implications for Islamic banks to draw up a clear and complete profit-sharing contract with the mudharib to reduce the moral hazard committed by the mudharib. In this case, Islamic banks can also ask the mudharib to submit comprehensive financial reports regarding their financial performance. Islamic banks must also pay attention to signalling and screening efforts to prevent adverse selection. Originality/value: The value of the study provides a new literacy regarding the potential for agency conflict in the form of moral hazard and adverse selection that will be faced by Islamic banks when applying profit-sharing contracts with other parties as managers (mudharib).

Interactive impact of fairness concerns and competition on supply chain coordination

PurposeFairness concerns in the supply chain management have recently caught much attention in the OM research community. The combined effect of fairness and competition on supply chain coordination and the interplay between them, however, have yet to be thoroughly examined.Design/methodology/approachThe authors study a multiplayer supply chain with one supplier and two competing retailers with fairness concerns by a three-player Stackelberg game model. This theoretical study provides equilibrium solutions under different ranges of fairness and competition combinations. Besides theoretical analysis, the authors also conduct standard economic experiments and estimate structural parameters using experimental data.FindingsThe authors find that a simple wholesale price can coordinate the whole supply chain with certain conditions of fairness and competition. Moreover, although fairness concerns always decrease the wholesale price and increase retailers' profit share, downstream competition weakens such effects and decreases downstream players' market share. The experiments confirm the existence of fairness concerns and the interaction of competition and fairness, as shown in the theoretical analysis.Research limitations/implicationsA more comprehensive model with both distributional and peer-induced fairness considered could generate better insights in the interactive impact of competition and fairness. Moreover, the authors followed the previous channel competition literature and modeled the demand with linear demand function which makes the game decisions trackable in closed form solution. A more general demand function could result in different solutions and thus new insights.Originality/valueThe authors’ work provides a comprehensive theoretical study of the interaction between fairness concerns and competition and clarifies the in-depth connection between the effects of competition and fairness concerns in the literature.