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The Mediate Effect Of Sharia Compliance on The Performance of Islamic Banking in Indonesia Usdeldi Usdeldi; M. Ridlwan Nasir; Muhamad Ahsan
Jurnal Keuangan dan Perbankan Vol 26, No 1 (2022): January 2022
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v26i1.6158

Abstract

This study aimed to prove whether Sharia Compliance (SC) mediates the influence of Good Corporate Governance (GCG), Sharia Supervisory Board (SSB), and Corporate Social Responsibility (CSR) on financial performance and maqashid sharia performance in Islamic Commercial Banks (ICBs) in Indonesia. A regression analytical method was employed based on Structural Equation Modeling with panel data in the annual report published by ICBs in Indonesia for the period 2014-2019. The results proved that SC mediated GCG and CSR on maqashid sharia performance positively while negatively mediated them on financial performance. At the same time, it did not mediate SSB on both financial performance and maqashid sharia performance. Based on these findings, policymakers should launch regulations on the disclosure of the dimensions GCG, SSB, CSR, and SC in the annual reports of ICBs. In practical implementation, ICBs should improve GCG, CSR, and SC as the performance of Islamic banking-supporting dimensions, and, evaluate SSB as the non-supporting one
Meta Synthesis of GCG, SSB, and CSR on Islamic Banking Performance Usdeldi Usdeldi; M. Ridlwan Nasir; Muhamad Ahsan
IQTISHADIA Vol 14, No 1 (2021): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v14i1.10175

Abstract

This research applies a meta-synthesis of research articles on financial and maqasid sharia performance from three dimensions: Good Corporate Governance (GCG), Sharia Supervisory Board (SSB), and Corporate Social Responsibility (CSR). The meta-synthesis was carried out on 50 articles from Scopus-indexed international (Q4-Q1) and Sinta-accredited national (S5-S1) journals published between 2000 and 2020. The meta-synthesis is used as a qualitative systematic review method, which has not been used in similar studies. The results show an inconsistent influence of exogenous variables (GCG, SSB, and CSR) on endogenous variables (financial performance and maqasid sharia performance). The inconsistency is likely due to differences in various and incomprehensive uses of variables and measurement indicators. The optimal implementation of GCG, SSB, and CSR  can affect financial performance.
Islamic Prudential Banking Concept to Reduce Non Performing Financing: Literature Review Binti Nur Asiyah; M. Ridlwan Nasir; Muhamad Ahsan
IQTISHADIA Vol 12, No 2 (2019): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v12i2.5641

Abstract

Purpose - This paper aims to develop the concept of prudential banking based on sharia principles to minimize non-performing financing in Indonesia. Methode - This desk research was based on many relevant studies advanced in the literature.  The review was particularly focus on  Sharia Banking Law, Indonesian Banking Regulations, and Financial Services Authority Regulations. A secondary data published by the Indonesian Central Bank on Sharia Banking Statistics for 2014-2018 was used to  sharpen the analysis. In addition, many previous studies on Sharia Banking conducted in other countries (e.g.  Malaysia, Pakistan and other European countries) were discussed in order to widen the importance of Sharia banking in those countries. Findings - The findings of this study include as follows. First, the development of the concept of Islamic prudential banking in the operations of Islamic banks need  to give attention towards business risk and the certainty of the implementation of Islamic principles. Second, the operational of Islamic banks need to consider the important of  sharia human resources, sharia product, sharia process (marketing, management, and standard operational procedure (SOP)) as well. Research limitation- This research limitation article requires follow-up to explore the potential of applying Islamic prudential banking in depth to Islamic banks in Indonesia and apply it to every operational standard procedure from banks. Practical implications – The Practical implication is that Islamic prudential banking should be implemented in accordance with the Islamic concept in its operations so that it is truly able to minimize non performing financing. This study can also be used for policy instruments to improve Islamic Prudential Banking in Indonesia which is not yet available. Also, it can be implemented by other stakeholders of Islamic Banking . Social implication- The social implication of this study  to increase work motivation and raises honesty in work, in accordance with the objectives of Islamic banks. Originality/Value - The originality of this study is due to the facts that studies on Islamic Prudential Banking have little examination. For this reason, this review study can be used as the important input to develop  Islamic prudential banking and to be implemented by the banking and the regulators 
Meta Synthesis of GCG, SSB, and CSR on Islamic Banking Performance Usdeldi Usdeldi; M. Ridlwan Nasir; Muhamad Ahsan
IQTISHADIA Vol 14, No 1 (2021): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v14i1.10175

Abstract

This research applies a meta-synthesis of research articles on financial and maqasid sharia performance from three dimensions: Good Corporate Governance (GCG), Sharia Supervisory Board (SSB), and Corporate Social Responsibility (CSR). The meta-synthesis was carried out on 50 articles from Scopus-indexed international (Q4-Q1) and Sinta-accredited national (S5-S1) journals published between 2000 and 2020. The meta-synthesis is used as a qualitative systematic review method, which has not been used in similar studies. The results show an inconsistent influence of exogenous variables (GCG, SSB, and CSR) on endogenous variables (financial performance and maqasid sharia performance). The inconsistency is likely due to differences in various and incomprehensive uses of variables and measurement indicators. The optimal implementation of GCG, SSB, and CSR  can affect financial performance.
Islamic Prudential Banking Concept to Reduce Non Performing Financing: Literature Review Binti Nur Asiyah; M. Ridlwan Nasir; Muhamad Ahsan
IQTISHADIA Vol 12, No 2 (2019): IQTISHADIA
Publisher : Ekonomi Syariah IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/iqtishadia.v12i2.5641

Abstract

Purpose - This paper aims to develop the concept of prudential banking based on sharia principles to minimize non-performing financing in Indonesia. Methode - This desk research was based on many relevant studies advanced in the literature.  The review was particularly focus on  Sharia Banking Law, Indonesian Banking Regulations, and Financial Services Authority Regulations. A secondary data published by the Indonesian Central Bank on Sharia Banking Statistics for 2014-2018 was used to  sharpen the analysis. In addition, many previous studies on Sharia Banking conducted in other countries (e.g.  Malaysia, Pakistan and other European countries) were discussed in order to widen the importance of Sharia banking in those countries. Findings - The findings of this study include as follows. First, the development of the concept of Islamic prudential banking in the operations of Islamic banks need  to give attention towards business risk and the certainty of the implementation of Islamic principles. Second, the operational of Islamic banks need to consider the important of  sharia human resources, sharia product, sharia process (marketing, management, and standard operational procedure (SOP)) as well. Research limitation- This research limitation article requires follow-up to explore the potential of applying Islamic prudential banking in depth to Islamic banks in Indonesia and apply it to every operational standard procedure from banks. Practical implications – The Practical implication is that Islamic prudential banking should be implemented in accordance with the Islamic concept in its operations so that it is truly able to minimize non performing financing. This study can also be used for policy instruments to improve Islamic Prudential Banking in Indonesia which is not yet available. Also, it can be implemented by other stakeholders of Islamic Banking . Social implication- The social implication of this study  to increase work motivation and raises honesty in work, in accordance with the objectives of Islamic banks. Originality/Value - The originality of this study is due to the facts that studies on Islamic Prudential Banking have little examination. For this reason, this review study can be used as the important input to develop  Islamic prudential banking and to be implemented by the banking and the regulators 
The Islamic Values and Democratic Ideals Navigating the Intersection of Islam and Democracy Ahmad Nabilul Maram; M. Ridlwan Nasir; Husein Aziz
Jurnal Keislaman Vol. 6 No. 2 (2023): Jurnal Keislaman
Publisher : Sekolah Tinggi Agama Islam Taruna Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54298/jk.v6i2.3909

Abstract

The debate about democracy and Islam has consistently been juxtaposed as if it never reaches a final resolution, leading to disharmony between pro and con camps in relation to democracy, especially in the contemporary era. This study elucidates that there is no need for a dichotomy between democracy and the discourse of the Quran, as the Quranic vision is not contradictory to the spirit of democracy. This research is conducted based on direct observation, taking into account empirical evidence from literature and phenomena occurring within society. The study concludes that such debate is not of paramount importance; rather, what is more urgent is fostering public participation capable of implementing democracy that aligns with the vision of the Quran and Islam at large, to prevent all forms of injustice, authoritarianism, intolerance, and oppression.