Sharia Business Unit Research Articles

ANALISIS PERTUMBUHAN UNIT USAHA SYARIAH BANK PEMBANGUNAN DAERAH JAMBI

This thesis aims to determine the growth of the Sharia Business Unit of the Jambi Regional Development Bank as seen from the development of assets, financing and profit for the current year. In this study using a qualitative descriptive method of collecting data by conducting observations, interviews and documentation. While the data analysis method used in this writing is descriptive analysis. In this thesis, the author concludes that the growth in the sharia business unit of the Jambi Regional Development Bank has been stable and increased significantly, the Jambi Regional Development Bank Sharia Business Unit or known as Jambi Sharia Bank is at a stable point in running the company's operations. Significant and continues to increase every year. In its growth, banks have factors that affect the growth of assets, financing and also profits such as the amount of TPF, the level of profit sharing and so on.

Analisis Efisiensi Kinerja Unit Usaha Syariah Di Indonesia Dengan Metode Data Envelopment Analysis Dan Rasio Eagles

This research is motivated by global competition that occurs in economic life which requires every institution to determine the appropriate strategy from the point of view of Efficiency and Performance Levels. The purpose of this study is to measure the level of efficiency and performance of the Sharia Business Unit and to see the factors that affect the level of efficiency and performance of the Sharia Business Unit. The research method used in this research is descriptive quantitative using secondary data. Secondary data comes from the documents of Sharia Business Units included in the National Private Commercial Bank. DEA analysis is used to measure the level of efficiency by analyzing internal factors in the form of efficiency targets on total assets, third party funds, labor costs, total financing and revenue sharing, while the EAGLES analysis is used to measure performance which consists of earning ability, asset quality, growth rate, liquidity, equity and strategic management. The results of the analysis using the DEA approach can be seen that the Sharia Business Units in Indonesia have not reached the optimum level of efficiency, this is due to the target on the input variable consisting of total assets, third party funds and labor costs that are still experiencing waste and have not met the efficiency target, while the results of the EAGLES analysis show that the performance of the Sharia Business Unit is in a good performance condition to become an alternative choice for the community.

Influence of Third Party Funds, BI Rate, Inflation On Market Share In Islamic Banking

The market share that can be controlled by Islamic banking is still relatively small compared to conventional banking, so this study aims to examine the influence of third party funds, BI Rate and Inflation on the share of Islamic banking in Indonesia for the 2015-2021 period. The sample in this study uses a saturated sampling technique, which means that the entire population is sampled, both Islamic commercial banks and sharia business units registered with the Financial Services Authority. The method of data analysis in this study used the classical assumption test, multiple linear regression analysis and hypothesis testing. The results showed that third party funds and the BI Rate had an effect on market share, while inflation had no effect on market share. Simultaneously, third party funds, BI Rate and Inflation have a significant influence on market share. The overall contribution of the independent variable to the dependent variable is 87.7%.

THE SPIN-OFF EFFECTIVENESS OF SHARIA INSURANCE IN INDONESIA: ANALYZING THE EFFICIENCY AND THE CRITERIA

This research aims to determine the effectiveness of the spin-off implementation in Indonesia by comparing the efficiency of the full-pledge sharia insurance industry with the Sharia Business Unit (SBU) and analyzing the spin-off criteria. The method used is the mixing method. The quantitative method-Data Envelopment Analysis (DEA) in measuring efficiency and descriptive qualitative by conducting interviews with informants from the insurance shariah industry, AASI, OJK, and BKF for spin-off criteria analysis. . The data used is the input data being assets, operating expenses, while the output data is profit and operating income. Efficiency on profit for SBU is higher than full-pledged companies. Efficiency on revenue is slightly different where the efficiency values of full-pledge companies are not entirely at the bottom. Related to spin-off criteria, the SBU industry has not achieved the number of tabarru funds and participant investment of 50% of the parent fund. Based on these facts, the effectiveness of the spin-off implementation has not been realized optimally. This is because the objectives of increasing efficiency and growing the number of industries have not been achieved. The factors that support the realization of effectiveness are leadership commitment, financial management strategies, professional human resources, the role of government and regulatory bodies

The Implementation of Sharia banking in Indonesia Pertaining Sustainable Sharia Measurement

Abstract: 
 The purpose of this paper is to investigated how effective the GCG/annual report, and Sustainability, are in presenting information on the performance of Sharia banking in Indonesia applying sharia reporting criteria. This analysis will bring up the report based on a copy of the Financial Services Authority of the Republic of Indonesia's Circular Letter No. 10 / SEOJK.03/2020 on Transparency and Report Publication for Islamic Commercial Banks and Sharia Business Units. In the GCG and sustainable report, the variables of banking size, ratio, and Sharia Supervisory Board size. Secondary data from 12 Islamic banks from 2019 and 2020 is being used in study, that either takes a descriptive quantitative approach. Furthermore, the determined indicators will be sorted using factor analysis with SPSS 12. The GCG/annual report shows better performance than the sustainability report, as evidenced by significant values in the whole test and factor analysis stages. 11 Islamic commercial banks, on the other contrary, do not have a test stage but do have a detailed study. Meanwhile, the sustainability report is not greater to the GCG/annual report because, while the sustainability report is on average significant, it lack variable testing stages that are comparable with the positive influence on the produced factors. The OJK would update POJK 51 / POJK.03/2017 well about Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Public Companies for sharia report indicator points, along with other observations and recommendations. Second, Islamic banks must comply to protracted sharia reporting standards.
 Keywords: Sharia Report, GCG/Annual Report, and Sustainability Report.

Strategy to Increase Sharia Banking Performance through Value-added Creation Intellectual

Based on the continuous flourishing of Sharia banking all over the globe, the current study aims to examine the impact of various factors on Sharia banking performance. These factors include cost efficiency, financial risks, funding, board characteristics, environmental analysis, and strategic value-added creation intellectual. A quantitative research methodology with a survey technique was employed to collect 421 respondents' data from 33 financial institutions, including 20 Sharia business units and 13 Sharia commercial banks. Descriptive analysis and structural equation modeling were performed in SmartPLS 3.0 software. The findings revealed the significant positive impact of environmental analysis on board characteristics, financial risk, cost efficiency, and funding. Likewise, results revealed the significant impact of board characteristics on financial risks, cost efficiency, funding, and value-added creation intellectual. Strategic value-added creation intellectual was found to positively impact the performance of Sharia banking in Indonesia. Except funding that has a moderate influence on Sharia banking performance, all other variables reflected the strong presence and impact on Sharia banking performance. The current study is novel in the existing body of literature by introducing this strategic value-added creation intellectual as a predictor of Sharia banking performance in Indonesia, along with the impacts of various other factors. Theoretically, the current study adds to the body of literature by providing a comprehensive framework related to the factors that impact Sharia banking performance. Moreover, based on the study results, the banks should keep a fair track of their capital and returns to enhance their performance. Simultaneously, it helps Sharia banks identify the significance of winning the investors' confidence by providing them security and catering to their needs cost-effectively.

An Analysis Liquidity Ratio in Performance Assessing Company Financial at Bank Sumut KCP Syariah 2018-2020

PT Bank Sumut Syariah was established after the issuance of Law No. 10 of 1998 which provided an opportunity for conventional banks to establish a Sharia Business Unit. Based on this and the commitment of the Bank of North Sumatra to the development of sharia services, on November 4, 2004, Bank of North Sumatra opened a Sharia Business unit which is a work unit of the conventional Bank of North Sumatra that functions as an office that carries out business activities based on sharia principles, or a work unit of a branch. from a bank domiciled abroad that functions as the main office of the sharia sub-branch office and or sharia business unit. Bank Sumut Syariah is one of the banks that operate based on sharia principles by BI principle license No. 62 DPIPPrzMdn April 28, 2004.

Factor Affecting Employee Motivation to Increase Performance of Sharia Bank in Indonesia on Islamic Perspective

There is still a lack of market share for Islamic banking in Indonesia, so the purpose of this study is to analyze the effect of leadership style, job satisfaction, and work environment on employee motivation to improve the performance of Islamic banks in Indonesia. The methodology used is quantitative with the SEM Smart PLS analysis tool. The study was conducted on 200 employees of Islamic banks in Indonesia as representatives of 14 Sharia Commercial Banks (BUS) and 20 Sharia Business Units (UUS). The results of this study are the positive influence of leadership style, job satisfaction, and work environment on employee motivation and the influence of employee motivation on the performance of Islamic banks in Indonesia. Novelty in this study is leadership style, job satisfaction, and work environment in accordance with Islamic principles will be able to increase employee motivation at work, so that the performance of Islamic banks will be better and the market share of Islamic banking will also increase.

Analysis of Corporate Culture Imple-Mentation Strategi of Bank Sumut Sharia Business Unit During the Covd-19 An-Deeemic N An Islamic Perspective

In general, corporate culture is an opportunity to expand or train human resources with changes in atti-tudes and behaviors such as beliefs, values and norms that characterize the company followed by compa-ny members and are expected to be in harmony with the obstacles that arise and come. In the Sharia Business Unit of Bank Sumut there is a corporate culture whose best company values, vision, mission and motto of the company based on an Islamic perspective. However, during the Covid-19 pandemic , there are some values of companies whose implementation is less effective as usual, namely Energetic, Friendly, High Integrity and Safe. This research aims to identify the principles of corporate culture, cor-porate culture in an Islamic perspective and strategy to implement corporate culture during the Covid-19 pandemic in bank Sumut's Sharia Business Unit. In this study, the researchers used descriptive qualitative study techniques. The method of data collection is to use observation, interviews and documentation. The results of the study concluded that the principles of corporate culture in the Sharia Business Unit of Bank Sumut are the company's first value that is short with BEST, vision, mission and company motto. Second, the corporate culture of Bank Sumut's Sharia Business Unit is based on an Islamic perspective. Third, to overcome problems in several company values that encountered obstacles during the Covid-19 period , the company carried out a project to implement the corporate culture of Bank Sumut's Sharia Business Unit during the Covid-19 period.

Pemanfaatan Social Network Analysis (SNA) Untuk Analisis Pemetaan Komunikasi Pada Pegawai Bank Syariah di Jawa Tengah

Bank Syariah Mandiri is one of the sharia business units which is a work unit of the main office (parent) of conventional commercial banks which has a function as the main office of the sharia unit office or sharia branch. So far, the performance of Islamic banks is only seen from the number of assets and customers, but very rarely describes the internal conditions related to the performance of their employees. Good communication and coordination between departments is very important so that the company can run effectively and efficiently. The purpose of this research is that the company is expected to be able to analyze employee interactions through communication patterns and become policy advice in decision making, especially related to HR development. This study involved approximately 20 employees at a branch of Bank Syariah Mandiri in Central Java Province which used a social network analysis (SNA) approach. In the SNA approach, the values of density, degree centrality, closeness centrality, betweenness centrality, clicks, and visualization of relationships using a sociogram will be sought. As a result, all inter-departmental employees have good communication relationships. Based on these findings, it is necessary to solve the problem by making actors or employees who have high indegree scores to be more proactive in providing information to their colleagues so that coordination can be smooth.

Analisis SWOT Pemasaran Produk Qris Ultimate Automated Transaction (QUAT) Pada Bank BPD DIY Syariah

The development of digital technology today must be addressed appropriately by banks, including Islamic banking. Islamic banking must accommodate changes in customer behaviour that currently prefer speed, practicality and updates to technology to survive in increasingly tough competition. Bank BPD DIY Syariah, as the Sharia Business Unit of the Bank BPD DIY, is also required to meet customer needs in transaction services, one of which done through the QRIS Ultimate Automated Transaction Product. This study aims to find how the marketing of QUAT products carried out by BPD DIY Syariah as a strategy to improve services for customers. This study aims to find how the marketing of QUAT products carried out by BPD DIY Syariah as a strategy to improve services for customers. Research data is sourced from primary data (direct observation and interviews with related units) also secondary data (obtained through literature studies, journals, information and data on the internet, and other literature from companies). This research provides benefits in implementing digital-based marketing strategies for BPD DIY Syariah.

Analisis Kontribusi Perbankan Syariah Terhadap Pertumbuhan Ekonomi Indonesia

The purpose of this study was to determine the effect of the dependent variables of Total Assets, Third Party Funds, Financing (mudharabah, musyarakah, murabahah), and ZISWAF on Indonesia's Economic Growth represented by GDP as dependent variable. The data used is financial reports for the 1st quarter of 2017 to the 4th quarter of 2020 sourced from Islamic Commercial Banks, Sharia Business Units, the Central Statistics Agency, and the Financial Services Authority. The method used is Autoregressive Distributed Lag (ARDL) to see the long-term and short-term effects of the independent variable on the dependent variable. The results of the study show that Total Assets and ZISWAF have a significant positive effect in the long and short term on GDP. Third Party Funds have a significant long-term and short-term negative effect on GDP. Financing has a significant positive effect in the long term but in the short term has a significant negative effect on GDP. In addition, simultaneously all independent variables have a significant positive effect on GDP.

Dampak Pandemi Covid-19 Terhadap Stabilitas Profit Efficiency Perbankan Syariah Indonesia

This research aims to investigate the impact of the COVID-19 pandemic on the stability of profit efficiency in Indonesian Islamic banking. The analysis used is quantitative by using Stochastic Frontier Analysis (SFA) as a method for estimating the profit efficiency of Islamic Commercial Banks (BUS) and Sharia Business Units (UUS) before and during the COVID-19 pandemic. The data used is secondary data for BUS and UUS in the period January 2018 to August 2021. From this research it was found that the overall phenomenon of Indonesian Islamic banking has a higher level of profit efficiency during the COVID-19 pandemic than before the pandemic. Partially, UUS has a higher level of profit efficiency than BUS before and during the COVID-19 pandemic. In terms of stability, it also shows the same phenomenon, UUS has higher stability than BUS in generating profits both before and during the COVID-19 pandemic. In this study, it was also found that Total deposit and Non-Performing Financing act as significant determinant factors for the stability of profit efficiency of BUS and UUS. The results of this study further strengthen the existence of Indonesian Islamic banking in the future in facing times of economic and financial crisis

Examining the Effect of Economic Collison

This study will examine the impact of economic collision on the non-performing financing in sharia bank in Indonesia. The current study adopts VAR/VECM method to examine inter variables correlation by testing an economic factors, including 1) Real GDP Growth, 2) Exchange Rate, 3) Inflation, 4) Interest Rate, and 5) IDX Composite. A total NPF of 14 Islamic Banks and 20 Sharia Business Units were selected as data samples from 2006 to 2020. The findings indicate that inflation positively impacts NPF in the short run and delivers the biggest shock to NPF. The result states that Inflation, Exchange rate, and Interest rate are the dominant factors to shock NPF in Islamic Banks. From the analysis results, the economic variables, i.e., GDP, exchange rates, inflation, interest rates, and the IDX Composite, provide a stable long-term relationship and, in the short term, adjust to each other to achieve a new balance in the long term.

Analisis Pengaruh Dana Pihak Ketiga, Total Aset, dan Non-Performing Finance Terhadap Pembiayaan Bagi Hasil

The purpose of this study is to know and analyze the factors that affect total revenue-sharing financing in sharia business units in Indonesia. These factors are Third Party Funds (DPK), Non-Performing Financing (NPF), and Total Assets (TA). The data used in this study is panel data with the period 2010-2020 published by the Financial Ministry and in the annual financial statements of Islamic banking. The population of 21 companies with a sample of 5 companies with purposive sampling methods. The analysis tools used are Eviews10 and SPSS 18. The analysis technique in this study is a regression of panel data by testing using a fixed-effect model. The results of this study showed that DPK, NPF, and simultaneously had a significant effect on total revenue-sharing financing in sharia business units in Indonesia. The results of the study partially showed that the variables of DPK and TA had a significant positive effect on the total financing in the Sharia Business Unit in Indonesia. The NPF variable does not have a significant negative effect on the total financing in the Sharia Business Unit in Indonesia. The results of the R-Square adjusted value showed a value of 51.9%.

Causality Analysis and Cointegration Between Mudharabah Financing and Return On Assets In Sharia Business Units Year 2016-2019

In increasing profitability, Islamic banks can take advantage of productive assets in the form of financing. One of them is mudharabah financing, the higher the mudharabah financing , the higher the level of profitability of Islamic banks. However, based on data on mudharabah financing with return on assets obtained from the financial services authority, the amount of mudharabah financing always increases every year during the 2016-2019 period. Meanwhile, the percentage of return on assets decreased during that period. The purpose of this research is to find out whether the two variables influence each other or not . The research method is correlation analysis with data analysis techniques used, namely descriptive, normality test, stationary test, lag test, Granger causality test, cointegration test, vector autoregretion (VAR) model test, Impulse Response Function (IRF) test, and Variance Decomposition test. (VD) which is processed using Eviews 10. The results obtained from the causality test are that there is a one-way relationship between Mudharabah Financing and Return On Assets with a probability value of 0.0326 0.05 , but there is no causal relationship between Return On Assets and mudharabah financing.

IMPLEMENTATION OF GOOD GOVERNANCE BUSINESS SHARIA (GGBS) IN ISLAMIC BANKING IN INDONESIA

In the development of Sharia banking with the merger of several Sharia Banks to become Bank Indonesia Shariah (BIS), is hoped that it can progress very rapidly, as is the case of Islamic banking in Indonesia which has grown significantly. The development of Sharia banking must be accompanied by good governance so that it is not only a tag line for Islamic financial institutions. The Standard Operating Procedure of Islamic banking must be carried out properly based on Sharia principles. Therefore, Bank Indonesia issued Bank Indonesia Regulation No. 11/33/ PBI 2009 concerning the Implementation of Sharia Business Governance (GGBS) for Sharia Commercial Banks (BUS/ Bank Umum Syariah) and Sharia Business Units (UUS/ Unit Usaha Syariah). The five principles are: Transparency, Accountability, Responsibility, Professionalism and Fairness or equality. GGBS is a banking management system designed to improve compliance with the prevailing moral ethics laws and regulations. According to Chapra, the implementation of Good Corporate Governance is a requirement for Sharia Banks to develop properly and in accordance with Sharia compliance. The implementation of GGBS in Sharia banking is expected to create a business that is healthy, conducive, transparent and efficient and a blessing.

THE EFFECT OF FINANCING TO DEPOSIT RATIO (FDR) AND THE MONEY SUPPLY ON PROFITABILITAS IN SHARIA BUSINESS UNIT FOR THE 2016-2020 PERIOD

This study aims to determine the effect of FDR and the money supply on profitability as proxied by Return On Assets (ROA), a study on Sharia Business Units for the 2016-2020 period. The sample selection in this study used purposive sampling method. The population in this study is the financial statements of Sharia Business Units in Indonesia and the sample in this study is the monthly financial statements of Sharia Business Units in Indonesia for 2016-2020. The data in this study will be processed using SPSS software with multiple regression. The results of this study state that partially the independent variables in this study are Financing to Deposit Ratio (FDR) and the money supply has a significant effect on Return On Assets (ROA) of Islamic Business Units in Indonesia with a significance level of 0.000. Then, simultaneously Financing to Deposit Ratio (FDR) and the money supply have a significant effect on the Return On Assets (ROA) of Sharia Business Units in Indonesia with a significance level of 0.000 and an fhitung value of 50,742.

Integrasi Perbankan Syariah dan Fintech Syariah Pengembangan UMKM

The research objective is to describe the development of Islamic bank financing for SMEs, the development of sharia fintech, and the form of integration between sharia banking and the development of sharia fintech for the development of SMEs. The research method used is qualitative, related to sharia bank financing. Field research on two sharia bankings in the city of Makassar. Primary data sources through direct interviews, and secondary data from data presented from the financial services authority (OJK). Data collection techniques through interviews, documentation, and literature studies from several sources. The data analysis technique used is descriptive qualitative, by describing the development of sharia banking financing product to SMEs sector, the development of sharia fintech, and the form of integration of sharia banking and sharia fintech in the development of SMEs. The results of this study show that the development of sharia banking financing product in 2019 until the 2020 market grew by 15.93 percent, for sharia banking the type of Islamic Financing Bank (BPRS) grew 4.57 percent, while Islamic banks with the type of Sharia Business Unit (UUS) for financing trips for SMEs decreased -2.7 percent. The development of Sharia Fintech, a peer-to-peer (P2P) lending type of fintech. The number of borrower accounts increased by 325.95 percent, the number of borrower accounts in December 2019 was 18,569,123, and the number of guarantors increased by 258.56 percent with the number of loans in December 2019 of IDR 81.50 trillion. There are 12 registered sharia fintech companies. The total assets of Islamic fintech are 50,591,727,786 rupiahs. Integration between Islamic Banks and Sharia Fintech in developing SMEs needs to be carried out, to increase financial access to the public. The form of integration that can be carried out between Islamic banks and Islamic fintech is a profit-sharing scheme, which can carry out mudharabah or musyarakah contracts. SMEs may need easy access to technology services. Integration in the form of collaboration to empower SMEs.

The Performance of Competitiveness of Sharia Banking (Indonesia-Pakistan) Using Porter's Diamond Theory

This article provides an overview of the condition of the competitiveness of Islamic banking performance in Indonesia and Pakistan using the porter's diamond theory descriptive analysis method, namely (i) resource variables with indicators of Institutional Performance and Financial Performance, (ii) Demand Variables with Market share and financing indicators (iii) Industry variables related to indicators of the number of sharia business units, (iv) Strategy variables with the roadmap for the development of sharia banking. The conclusions in this study are: 1) The competitive advantages of Islamic banking in Indonesia in 2016-2020 namely Institutional Performance of Islamic commercial banks, average profit growth and average growth of third party funds, compared with the same indicators on Islamic banking in Pakistan. 2) Competitiveness of Islamic banking in Pakistan in 2016-2020, namely the Financial Ratio of NPF, FDR and BOPO which ranked first in terms of bank health level, and the average market share growth andfinancing growth compared to the same indicators in Islamic banking in Indonesia.Keywords: Islamic Banking Performance, Competitiveness, Diamond Porter theory.