Sharia Banking Products Research Articles

Desain Akad Muamalah Perbankan Syariah Pada Ekonomi Islam

Academic reconstruction is crucial to developing a more dynamic and innovative Sharia banking product that can compete with current conventional banking products. The aim of this study is to study the legal basis, structure, and implementation of this multi-barrier in the sharia banking business.In this study, library research methods are used. The data sources used consist of books and other relevant sources, such as DSN MUI fatwa related to this research topic. The results of the research showed that al-jam'u bainal uqud or multi akad was a major advance in the development of sharia banking products. This is a new discipline that has never been discussed in classical fiction books. As long as these multi-acts do not violate Islamic principles and values, the scholars give permission. The purpose of this multi-acade is to clarify rights and duties and to prevent iniquity, which will benefit mankind both in this world and in the Hereafter. In the product of mutanaqishah (MMq), there are many obstacles, such as syirkah, ijarah, and sale; in the history of muntahiyah bit-tamlik (IMBT), there is wa'd (promises), ijarah and sale, and both form a single product. There is a ta'alluq between these akad-akad and each other.

UKT PAYMENT CONTRIBUTION TO THE EXISTENCE OF SHARIA BANKING

Payment of UKT (Single Tuition Fee) by students at tertiary institutions in Indonesia has an important contribution to the existence and development of Islamic banking. UKT payments play a role in increasing the number of Islamic bank customers in Indonesia. UKT paid by students often involves the banking system to manage and distribute these funds. Many universities in Indonesia have collaborated with sharia banks to provide UKT payment facilities that comply with sharia principles. Through the involvement of Islamic banks in the UKT payment process, students tend to be more inclined to use Islamic banking products and services. Thus, UKT payments contribute to an increase in the number of Islamic bank customers in Indonesia. the use of funds from UKT payments can help the development of the Islamic economy in Indonesia. Funds collected from UKT payments can be used by Islamic banks to support Islamic economic activities, such as financing micro, small and medium enterprises (UMKM) in accordance with sharia principles. Through the utilization of these funds, Islamic banks can provide financial access to sharia-based business actors, thereby strengthening the Islamic economic sector in Indonesia. In addition, funds from UKT payments can also be used for sharia banking product development and innovation, increasing operational efficiency, and expanding the range of services.

Factors Affecting The Level Of Public Understanding Of Sharia Banking Products

Factors Affecting The Level Of Public Understanding Of Sharia Banking Products

TRANSFORMATION OF IJARAH CONTRACT: The Review of The Concept and Its Implementation in Islamic Banking

Innovations in sharia banking products and services in Indonesia continue to experience significant developments. This is important to do to answer the needs of recent financial transactions. Various financing products with various contracts have been applied by Islamic financial institutions. One of the products developed is ijarah-based financing. However, different viewpoints regarding the legal validity of ijarah with its various types are still being discussed among academics and practitioners. The concept of ijarah itself was practiced in early Islamic era and continues to be practiced today in various contemporary financial transactions. This study aims to review the process of transforming ijarah principles to the development of their varieties, as well as related legal and regulatory provisions as a basis for implementation in the development of financing products in Islamic banking and finance. This research was a qualitative research using a literature study approach with descriptive analysis. This study concludes that several texts from the al-Qur'an and Sunnah explain the concept of ijarah and its permissibility according to sharia. Nash explains at least two types of ijarah, namely ijarah in service and asset leases. Both were revealed in the provisions contained in the KHES, PBI, as well as several DSN MUI fatwas. These regulations form the basis for implementing ijarah, IMBT, and IMFD in various sharia banking products and services.

Dispute Settlement in Sharia Banking in Indonesia

The birth of the dual banking system in Indonesia was marked by the establishment of Indonesia's first sharia commercial bank, Bank Muamalat. The first amendments to the Religious Courts Act of 1989 were seen as a response to dispute resolution, but the advent of the law did not immediately open an opportunity for dispute resolution, due to the National Sharia Council and banking fatwas. Indonesian regulations continue to treat disputes in the sharia banking industry as arbitrators, and Law No. 21 of 2008 on Sharia Banking Regulation is another legislative instrument that provides channels for Islamic banking disputes through litigation and out-of-court proceedings. This study was conducted normatively, using different legal materials depending on the issue. The study found that forms of Islamic banking consist of profit products and social and religious products. For charitable sharia banking products, disputes with bank customers can be resolved by national sharia arbitration courts and judicial institutions, whereas social and religious sharia banking products can only be resolved by religious courts or district courts. At the discretion of the judge according to the contract. In the case of disputes between banks and customers, the arbitration board only has the power to decide the dispute and not to enforce the law, but in sharia banks, disputes in litigation, religious courts and district courts have jurisdiction for dispute resolution. Have the right Enforcement where principal or the losing party does not act voluntarily to decide or enforce and/or where the auction leads to legal proceedings.

An Analysis of The Influence of Sharia Financial Literacy on Interest in Using Sharia Bank Products

This study aims to analyze the influence of Sharia financial literacy on the interest in using Sharia bank products of mosque youth in Pekanbaru City, Riau. The sample of the study consists of 92 respondents. The type of this study is field research with a quantitative approach. The data are obtained from primary data with the analysis techniques using simple linear regression with data processing performed by SPSS Software Version 25. The hypothesis testing of the study is partial analysis (t-test). The results of the study show that the Sharia financial literacy has a positive and significant influence on the interest of mosque youth in Pekanbaru City to use Sharia bank products. It is proved by the t-value of the Sharia financial literacy variable (X) of 6.215 and the t-table value of 1.661, it can be seen that: t-count > t-table (6.215 > 1.671) with a significance level of 0.000 <0.05. Furthermore, the influence of the independent variable (Sharia financial literacy) on the dependent variable (interest) is 53.2%, while the remaining 46.8% is influenced by other variables not included in this study.
 Keywords: Sharia Financial Literacy, Interest, Sharia Bank Products.

Pengaruh CAR, BOPO, FDR Dan NPF Terhadap Tingkat Bagi Hasil Mudharabah Dimediasi ROA Di Bank Umum Syariah Indonesia

Funding products at Islamic Banks can be in the form of demand deposits, savings and time deposits. One of the most popular fund products is mudharabah deposits. The most popular sharia banking product is mudharabah deposits. Mudharabah as a fund collector that provides the largest proportion of total DPK and is not bound by third parties because the withdrawal will be made at a certain time. Mudharabah contract as a collection of funds that provides the largest proportion of the total DPK of Islamic banks. Mudharabah is also an investment product that is not bound by a third party because the withdrawal will be made at a certain time. This study wants to test whether the Capital Adequacy Ratio (CAR), Operating expenses to operating income (BOPO), Financing to Deposit Ratio (FDR) and Non-Performing Financing (NPF) have a direct and indirect effect on mudharabah at Indonesian Sharia Commercial Banks in 2017 - 2021. The type in this research is quantitative research with the method. In this study, a documentation study was used using path analysis. Based on the results of the study, it shows that the Capital Adequacy Ratio (CAR) has a direct effect on mudharabah, Operating expenses on operating income (BOPO) has an effect on mudharabah, Financing to Deposit Ratio (FDR) has no effect on mudharabah, Non Performing Financing (NPF) has no effect on mudharabah , indirectly the Capital Adequacy Ratio (CAR) has an effect on mudharabah mediated through ROA, BOPO has an effect on mudharabah through mediated Return On Assets (ROA), Financing to Deposit Ratio (FDR) has no effect on mudharabah mediated through Return On Assets (ROA) , Non Performing Financing (NPF) has no effect on mudharabah mediated through Return On Assets (ROA).

Increasing the Role of Sales Promotion, Advertising and Pricing on Customer Decisions to Choose Sharia Banking Products (Case Study of PT Bank Syariah Indonesia Jakarta Region)

Islamic banks are banks whose operational activities are based on the principles contained in the Islamic religion. Therefore, the operational activities of Islamic banks must be in accordance with the references contained in the Al-Quran and Hadith. When referring to its activities, the operations of Islamic banks are different from conventional banks. Based on the results of the 2022 survey which refers to financial literacy, it means that out of every 100 people in Indonesia, only nine people know and understand the Islamic finance industry. The purpose of this study is to analyze the variables that can influence customer decisions in choosing Islamic banking products. This type of research is associative explanatory research, namely research that connects two or more variables.

Micro Financing in MSMES Development at BRI Syariah KCP Palopo (Study of The Implementation of Murabahah Contracts)

This study aims: To determine the application of the murabaha contract system to microfinance at BRI Syariah KCP Palopo; This type of research is field research using qualitative research methods. The data analysis technique used is descriptive analysis and SWOT analysis is measured by interviews to determine the overall internal and external factors of microfinance at BRI Syariah KCP Palopo. The results of research in the field show that 1) The application of the murabaha contract system in microfinance at BRI Syariah performs one contract first, the first is done with a wakalah contract, then continues with a murabaha contract. 2) Provision of microfinance using a murabaha contract has an influence on MSME business development in terms of business capital, turnover, income, number of products and expansion of the location of the business. 3) In the process of providing microfinance to MSME customers, BRI Syariah experienced obstacles such as a lack of understanding by customers about contracts and products, and the ineffectiveness of using business capital. From the results of the SWOT analysis based on the identification of internal factors and external factors on Micro Financing Products at BRI Syariah KCP Palopo, namely creating strategies to overcome weaknesses and threats and increase strengths and opportunities, one of which is BRI Syariah introducing sharia bank products to MSMEs to increasing interest in taking financing at BRI Syariah KCP Palopo.

Mengembangkan Produk pada Layanan Jasa Informasi Perbankan dengan Shariah Governance untuk Pengaplikasian Keuangan Digital Syariah

With the growing development of Islamic banking in Indonesia, there is an increasing need for a development of products and services in Islamic banks. This is done with the aim of meeting market needs by increasing competitiveness in the scope of Islamic banking in the era of the industrial revolution 4.0. Hence the need for a implementation of GCG. By applying GCG principles which have an important role in achieving business continuity (sustainability), namely Islamic banks that still pay attention to common interests. The implementation itself is a manifestation of the responsibility of Islamic banks to the public that Islamic banks must be operated properly, expertly and prudently (prudent). With the development of the times and the advancement of technology, there is an increasing need for an Islamic financial technology in the use of technology-based financial services that are more efficient.
 Keywords: sharia bank products and services, sharia governance, sharia digital finance

Analysis of the Interests of the Nologaten Village Community in Using Sharia Bank Products in Ponorogo

The community is interested in using Islamic bank products due to several factors that influence it. The Nologaten Village community with all its limitations, stated several reasons that caused their low interest in Islamic banks. The most dominant factors in this case are knowledge, product, location, environment and religiosity factors. The formulation of the problem in this case is how the interest of the Nologaten Village Community in using Islamic bank products is seen from these five factors. This study aims to determine how the interest of the people of Kelurahan Nologaten in using Islamic banks is seen from the five factors. The research used is a qualitative research with data obtained from the community of Nologaten Village using the source triangulation method, by combining data collection with observation and interview techniques. The data analysis technique used in this research is data analysis in the field using the Miles and Huberman model, namely data collection, data reduction, data presentation and the last step is drawing conclusions. The results of this study indicate that the five factors influence the interest of the people of Kelurahan Nologaten in using Islamic banks. The factors of the lack of knowledge of the people of Nologaten Village about Islamic banks, the lack of interest in the Nologaten Village of products offered by Islamic banks, the uneven development of Islamic banking locations that stand in Ponorogo City, as well as environmental factors and the religiosity of the Nologaten Village community that are not compatible with Islamic banks make the Nologaten Village community's interest in using banks sharia is low.

Optimization of sharia bank products for micro, small and medium enterprises (MSMEs) in Indonesia during COVID-19

This study aims to show that the empowerment of MSMEs by Islamic banks is the key to the revival of the national economy after the COVID-19 pandemic. The reality of Micro, Small and Medium Enterprises (MSMEs) in Indonesia actually has two implications for shari'a banks. MSMEs are both an opportunity and a challenge. On the one hand, the dominant number of MSMEs is a very promising and potential market share for shari'a banks that want to expand market share and make profits at the same time. That way, the failure of shari'a banks to pursue a 10% market share in 2020 due to the pandemic can be achieved in 2022. On the other hand, because MSMEs are high-risk and lack the requirements to be financed due to all of their faults and restrictions, sharia banks are faced with the challenging task of financing them. The profit that can be expected from MSMEs is not proportional to the risk taken. The results of the study concluded that through product engineering methods, Islamic banks as ummat financial institutions are able to optimize their products for micro, small and medium enterprises (MSMEs).

SOSIALISASI PENGENALAN KEUANGAN PERBANKAN SYARIAH PADA SISWA MTS AL-UTSMANI KAJEN

Sharia banks have shown very rapid development, but there are still many people who have not understood Sharia banking, differences in sharia and conventional banks and what is sharia banking products. This service is done to help students better recognize the sharia banking finance in order to entrust them to save their money or invest their money to sharia banks or other sharia based financial institutions. They results show that is important to introduce sharia banking to increase the trust of sharia banks. This socialization is important as the form of introduction of sharia banking and entrusting the saving of funds in the sharia bank. Through this method of sosalization of students can easily understand banking sharia finances.

PENGARUH MOTIVASI MENGHINDARI RIBA DAN PRODUCT KNOWLEDGE PERBANKAN SYARI’AH TERHADAP KEPUTUSAN MENJADI NASABAH PT. BANK SYARI’AH MANDIRI PASURUAN- JAWA TIMUR

An islamic bank (a sharia bank) is a financial institution functioning as a financial intermediary based on Islamic sharia principles. The factor of obedience with sharia principles and knowledge of financial products are the main factors for consideration for sharia customers. Decreasing in the number of customers for two consecutive years at Bank Syariáh Mandiri Pasuruan becomes temporary concern while Pasuruan City is well known as the city of Muslim students.This research is a quantitive descriptive study using accidental sampling technique. Research will describe the state of the field wich aims to answer the question wether there is a significant effect simultaneously and partially between the independet variable and dependent variable.The results obtained indicate that the motivation to avoid usury and knowledge of banking products simultaneously on the decision to become a customer does not have a positive and significant effect with the proportion of motivation tp avoid usury (x1) and knowledge of sharia banking products (x2) on the decision to become a customer (Y) amounted to 24.7%. Meanwhile, the variable partial test (x1) has no positive effect. For variable (x2) has a significant effect.

Peran Religiusitas Sebagai Variabel Moderating Pengetahuan, Persepsi Produk Bank Syariah dan Literasi Keuangan Tehadap Minat Investasi Syariah

The progressive development of sharia banking in Indonesia is quite significant, so many use sharia-based products, one of which is sharia investment. Apart from Islamic law, several factors influence students to invest in sharia: knowledge, perceptions of sharia banking products, and financial literacy. This study was conducted to determine the effect of knowledge, perceptions of sharia bank products, and financial literacy with religiosity as a moderating variable on sharia investment interest. This research utilizes quantitative research methods with purposive sampling as a sampling technique with 100 students as respondents. Google form is used as a research instrument to obtain the accuracy of the results. Then the data were analyzed using Structural Equation Modeling. From the results of this research analysis, knowledge can influence interest in sharia's investment. However, it is less significant on the variable interest in sharia investment. At the same time, the perceptions of Sharia bank products and financial literacy have a positive and significant effect on interest in Sharia investment. Then religiosity can moderate knowledge, perceptions of sharia bank products, and financial literacy on sharia investment interest.

Understanding Padangsidimpun City Community in Recognizing and Understanding Sharia Banking Products

Abstract The population of Padangsidimpuan city is 89% Muslim who does not understand Islamic banking, and considers Islamic banking to be the same as conventional banks. The purpose of this paper is to determine the understanding of the people of Padangsidimpun city about Islamic banking products. The theory used is a general understanding, specific understanding, products about Islamic banking. The method used is PAR where the strategy used is a process of approach, research, learning and technical solutions to social problems that can be planned and implemented with the community. Results Public understanding of Islamic banking is only limited to 84 %. While the results of the specific understanding of the people of Padangsdimpuan city, namely the translation of Islamic products and banking, which is 12%, while the second level is an understanding of interpretation of 73%, and for the third level is the highest level, namely the understanding of extrapolation of the people of Padangsidimpuan city of 63%.

Sosialisasi Akad Produk-Produk pada Bank Syariah Bersama Masyarakat di Desa Padang Cermin Kabupaten Langkat

This article aims to discuss the socialization of products in Islamic banks to the community in Padang Cermin village, Langkat. The methods in this research are counseling, discussion, consultation, and program evaluation. The results of this study indicate that many people already know about Islamic banking products and sharia contracts, but do not know them in depth. The existence of Islamic banking socialization has actually helped the community in Padang Cermin village, Langkat Regency, to get to know more and more details of Islamic banking products. The socialization of sharia banking products also provided an increase in knowledge, skills and understanding of the community in Padang Cermin village, Langkat

Analysis of Sharia Financial Literature Factors and Planning Behavior Towards Intention to Using Sharia Banking Products During the Covid-19 Pandemic

The pandemic is a real challenge for the business world, including the banking financial services industry. Islamic banks as public intermediary institutions that have funds with those who need funds are required to be able to carry out their activities amid the threat of exposure to COVID-19. Islamic banking has a strategic role in Indonesia's economic development. This study will examine the Islamic financial literacy of the community and the factors of planned behavior in the intention to use Islamic banking products during the Covid-19 pandemic. The Theory of Planned Behavior (TPB) is included in the variables of this study between the variables of financial literacy and intention to use Islamic banking products. This study uses a quantitative method with PLS-Structural Equation Modeling (SEM). The sampling techniques used in this study use convenience sampling techniques. Findings. The results of this study indicate that Islamic financial literacy influences awareness, public attitudes, subjective norms, and perceptions of behavioral control. In addition, the results of the study also show that awareness, subjective norms, and perceptions of behavioral control influence the intention to use Islamic banking products.

ANALISIS IMPLEMENTASI DEPOSITO BERJANGKA PADA BANK SYARIAH BERDASARKAN HUKUM EKONOMI SYARIAH

Time deposits are one of the Sharia banking products that are included in the funding category using the Mudharabah agreement. Investors take advantage of the funds they invest in the previously agreed-upon profit sharing method with the bank. But in practice the ratio given by the Islamic bank still refers to the basic interest rate which makes some investors secure the halal ratio. Even though the rukak or not the mudharabah contract is free of interest. So it is necessary to know how to calculate the ratio or percentage of profits made by Islamic banks so that it is clear the legal position of the deposit with the mudharabah agreement. Keywords: Deposits, Mudharabah, and Ratio

Analisis Implementasi Akad Hybrid Contract Murabahah bil Wakalah di Bank BJB Syariah Kc Bogor Jabar

Financing is one of the important activities in the banking world because it is the main source of income and is one of the supporting businesses of the bank. Murabahah is a sale and purchase contract in sharia economy where the selling price of the goods is in the form of the cost of goods plus profits and has been agreed upon by both parties. Wakalah is giving or delegating the power of a job to another person as long as it does not violate the syara' law. Hyrid contract is two contracts that are united in one transaction (multi contract). One of the hybrid contracts in Islamic banks is the murabahah bil wakalah contract. Murabahah bil wakalah contract is a combination of two contracts in which the wakalah contract is used before the murabahah sale and purchase contract. The purpose of this study was to analyze how the implementation of the hybrid contract agreement on murabahah bil wakalah at Bank BJB Syariah Bogor Branch. This research uses descriptive qualitative method. The data used comes from primary data in the form of documentation and the results of interviews with staff account officers of Bank BJB Syariah Bogor Branch. The results of this study indicate that in its implementation Bank BJB Syariah Bogor Branch has complied with the DSN-MUI fatwa No.4/DSN-MUI/IV/2000 regarding murabahah. The advantages of murabahah bil wakalah are that it makes it easier for banks to process financing, is more flexible in modern financing needs and is less risky. While the weakness of the murabahah bil wakalah contract is that there is often misuse of funds by customers, such as the purchase of goods that are not in accordance with the RAB that has been agreed upon by the bank and the customer. With this result, Bank BJB Syariah Bogor Branch must continue to be consistent in managing sharia banking products so that the sharia economy can continue to grow and develop.