Aam Slamet Rusydiana
Sharia Economic Applied Research & Training (SMART), Indonesia

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FINANCIAL AND SOCIAL EFFICIENCY ON INDONESIAN ISLAMIC BANKS: A NON-PARAMETRIC APPROACH Aam Slamet Rusydiana; Lina Marlina
Journal of Islamic Monetary Economics and Finance Vol 5 No 3 (2019)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v5i3.1154

Abstract

This paper explores financial and social efficiency in one assessment framework. In order to measure efficiency level of Islamic Banking Industry, this study uses Data Envelopment Analysis (DEA) and Free Disposal Hull (FDH) methods. The results show that the level of financial efficiency of Islamic banks in Indonesia from 2013 to 2018 tends to decrease. On the contrary, the level of social efficiency of Islamic banks in Indonesia has a tendency to increase. Furthermore, the value of social efficiency of Islamic banks in Indonesia was relatively lower compared to the value of financial efficiency. Within the Financial-Social Efficiency Quadrant framework, the study classified two Islamic banks in quadrant 1, three in quadrant 2, two in quadrant 3, and four in quadrant 4. It is imperative for Islamic banks that are in the low level of ‘social efficiency’ to develop a policy to keep in line with the five factors of maqashid sharia apart of maintaining efficiency in order to reach maslahah. For the regulators, the social efficiency measurement framework could be an alternative in considering Islamic bank performance beyond financial efficiency.
Examining the Impact of COVID-19 on the Banking Industry: A Bibliometric Analysis Aisyah As-Salafiyah; Aam Slamet Rusydiana
Journal of Business and Political Economy : Biannual Review of The Indonesian Economy Vol. 3 No. 1 (2021): Journal of Business and Political Economy
Publisher : INDEF - Institute for Development of Economics and Finance

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46851/65

Abstract

The impact of COVID-19 on the banking industry has had a significant effect. This study tries to map the development of research published in this field. The research was conducted using VOSViewer software. The data analyzed in the form of scientific research related to the impact of COVID-19 on the banking industry totaling 28 articles indexed by the Scopus database. The results show that the number of research publications on the impact of COVID-19 on the banking industry is quite large. The network visualization shows that the map of developing research on the impact of COVID-19 on the banking industry is divided into several clusters with the most popular keywords, namely COVID-19, banking and viral disease. The top authors are Strongbayefa A, Akhmetov Y, Mohan T and Baskaran A, the top agencies are the Technical Expert Group on Sustainable Finance, Brussels and the Department of Accounting Finance, Rennes School of Business. The most popular countries are India, Canada and Saudi Arabia. Besides, it was found that research on the impact of COVID-19 on the banking industry was felt recently due to credit and non-performing loans which then had implications for restructuring policies. In the end, conventional banking is more affected by COVID-19 than Islamic banking in terms of its problematic financing ratio. Keywords: Banking Industry, Covid-19, Bibliometrics JEL Classification: G21, O16.
SHARIA AUDIT PROBLEMS IN ZAKAT INSTITUTIONS: EVIDENCE FROM INDONESIA Aisyah As-Salafiyah; Aam Slamet Rusydiana
Jurnal Ekonomi dan Bisnis Islam | Journal of Islamic Economics and Business Vol. 6 No. 2 (2020): JULY-DECEMBER 2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v6i2.23329

Abstract

This study aims to determine the opinions and recommendations from the experts regarding the problem of the audit system in zakat institutions in Indonesia to determine the priority of the most important variables to be fixed. This research was conducted in August 2020 using primary data obtained from interviews with experts consisting of academics, practitioners and regulators with a background in sharia economics. The data were analyzed by the Delphi method to find the main priority and agreed upon convergence by experts. The results showed that of the 15 variables of audit problems at zakat institutions in Indonesia, there are 13 variables with convergent-convergent consensus based on expert opinion and only 2 variables with divergent consensus. The 3 main priority problems of auditing in zakat institutions in Indonesia are (1) an Insufficient number of sharia auditors, (2) The absence of strong rules related to sharia auditing, (3) HR competence. This research can be used by readers to make improvements in the audit system of zakat institutions in Indonesia with priority according to the findings of this study. This research is the first research that comprehensively calculates the expert's assessment regarding audit problems in Indonesian zakat institutions using the Delphi method and its priority recommendations