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<![CDATA[Analisis Stabilitas dan Efektivitas Relatif Besaran Moneter Bebas Bunga di Indonesia Sebuah Pengujian Ekonometrik Pada Data Time Tahun 1971:1 - 2002:4 ]]>
<![CDATA[Nasution, Mustafa Edwin]]>;
<![CDATA[Nurzaman, Mohammad Soleh]]>
<![CDATA[ Jurnal Ekonomi dan Pembangunan Indonesia Vol 6, No 2 (2006): Januari ]]>
Publisher : <![CDATA[Department of Economics-FEUI ]]>
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<![CDATA[Dalam sistem moneter yang berbasis syariah, target-target kebijakan moneter yang berhasil adalah yang dipusatkan kearah tercapainya stabilisasi ekonomi yang dapat diukur dengan salah satu indikator berupa kestabilan pergerakan agregat moneter yang hanya berfungsi sebagai alat transaksi, dan juga dalam kegunaannya sebagai instrument kebijakan moneter. Hal tersebut hanya dapat tercapai rnelalui konsistensi dengan aturan yang berlaku dalam ajaran Islam. Penelitian ini adalah sebuah percobaan untuk menganalisis, mengevaluasi dan juga membuktikan keabsahan dan keefektifan dan keslabilan instrumen-instrumen moneter syariah. Hasil penelilian dengan melihat velositas agregat moneter dan terutama metode pendekatan koinlegrasi dan error-correction mechanism, menunjukkan bahwa Otoritas Moneter dalam hubungannya dengan kebijakan pengaturan tingkat harga ,besaran moneter yang bebas bunga mempunyai hubungan yang Iebih erat dengan ringkai harga dibandingkan dengan besaran-besaran moneter yang telah mengandung bunga. Pada sisi lain dalam jangka panjang, permintaan agregar moneter bebas bunga akan relatif lebih stabil, sehingga gangguan yang bersifat jangka pendek akan tereduksi untuk kembali ke keseimbangan jangka panjangnya.]]>
<![CDATA[PERBANDINGAN PROFITABILITAS INDUSTRI PERBANKAN SYARIAH DAN INDUSTRI PERBANKAN KONVENSIONAL MENGGUNAKAN METODE STRUKTUR KINERJA DAN PERILAKU ]]>
<![CDATA[Amalia, Fitri]]>;
<![CDATA[Nasution, Mustafa Edwin]]>
<![CDATA[ Jurnal Ekonomi dan Pembangunan Indonesia Vol 7, No 2 (2007): Januari ]]>
Publisher : <![CDATA[Department of Economics-FEUI ]]>
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<![CDATA[Positive correlation between concentration and profitability is not always a result of collusion. Market concentration can be a proxyfor efficiency and product differentiation that have done by company. The company that can be mentioned efficient and have done product differentiation can improve market share, and industry that consist of the company has tendency to be concentrated. This research tries to prove whether market share and concentration in Islamic and conventional banking industry as proxy to efficient. If it is proven, so there is no relationship between market share and concentration with profitability. it is appropriate with efficient structure hypothesis. Using pool data for Islamic and conventional banking industiy at period January 2002 until November 2005. Model that had been used in this research is adjusted Smirlock model with fixed effect method From this research, is hoped that Islamic banking industry can support efficient structure hypothesis, moreover conventional banking industry can support differentiation hypothesis.]]>
<![CDATA[PROFIT SHARING DAN MORAL HAZARD DALAM PENYALURAN DANA PIHAK KETIGA BANK UMUM SYARIAH DI INDONESIA ]]>
<![CDATA[Nasution, Mustafa Edwin]]>;
<![CDATA[Wiliasih, Ranti]]>
<![CDATA[ Jurnal Ekonomi dan Pembangunan Indonesia Vol 7, No 2 (2007): Januari ]]>
Publisher : <![CDATA[Department of Economics-FEUI ]]>
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<![CDATA[There are two purposes that want to be assessed in this paper. The first purpose is to indicate whether the moral hazard problems are occurred in the Indonesian Sharia Bank (The moral hazard in this paper is the Indirect Moral Hazard which is the negligence of bank in the financing process influencing the moral hazard problems of the debtor in the other side. The second purpose is to assess whether the financing policies in the Sharia Banking are influenced by profit sharing system. The data for assessing this paper are acquired from the monthly financial reports published by Sharia Banks such as BSM and BM] from January 2001 to December 2004. The research based on the Error Correction Model in the long term shows that the increasing of allocation ratio of Murabahah to Musyarakah and Mudharabah results the increasing of non performing financing ratio. It indicates that the moral hazard problems are occurred in BM]. The moral hazard indication demonstrates that bank is both less careful in financing and less incentive in monitoring process. It also demonstrates the weakness of the Sharia bank ’s operational system in countering the debtor´s moral hazard. The Granger Causality Test proves that profit sharing ratio (nisbah) between bank and debtor influences return ratio, however it does not ‘influence financing allocation). On the other hand, financing allocation ratio influences nisbah ratio, furthermore in BSM case, return ratio influences nisbah ratio. This description shows that nisbah ratio is not only an instrument for calculating revenue/return distribution but also an instrument for Sharia bank in synchronizing profit sharing level with the interest rate in conventional bank.]]>
<![CDATA[Evaluation of the Spinoffs Criteria: A Lesson from The Indonesian Islamic Banking Industry ]]>
<![CDATA[Al Arif, M Nur Rianto]]>;
<![CDATA[Nachrowi, Nachrowi D]]>;
<![CDATA[Nasution, Mustafa Edwin]]>;
<![CDATA[Mahmud, T.M. Zakir]]>
<![CDATA[ IQTISHADIA Vol 11, No 1 (2018): IQTISHADIA ]]>
Publisher : <![CDATA[Ekonomi Syariah IAIN Kudus ]]>
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DOI: 10.21043/iqtishadia.v11i1.3211
<![CDATA[Spin-off policy is one of the crucial issues in the Indonesian Islamic Banking Act (The Act of 21/2008). This paper is going to evaluate the spinoffs criteria that are inherent in the Act of 21/2008. The method that has been used in this paper to evaluate the spinoffs criteria is ARIMA and simulation. This ARIMA method is used to forecast that the Islamic banking unit can achieve the fifty percent asset after fifteen years after this act. The object that is used in this paper is four Islamic spin-off's banks, five Islamic banking units, and two Islamic full-fledged banks. The ARIMA result shows that from all of the objects in fifteen years or the year of 2023, there are no Islamic banks either Islamic full-fledged banks or Islamic banking unit can achieve the fifty percent asset. Besides that, based on the simulation it needs high growth asset to achieve the market share asset of its parent’s banks. According to these results, this study suggests the regulator should revise the spinoffs criteria using the strict criteria that based on either nominal assets, capital, financial ratio or the others.]]>
<![CDATA[Analisis Stabilitas dan Efektivitas Relatif Besaran Moneter Bebas Bunga di Indonesia Sebuah Pengujian Ekonometrik Pada Data Time Tahun 1971:1 - 2002:4 ]]>
<![CDATA[Nasution, Mustafa Edwin]]>;
<![CDATA[Nurzaman, Mohammad Soleh]]>
<![CDATA[ Jurnal Ekonomi dan Pembangunan Indonesia Vol 6 No 2 (2006): Januari ]]>
Publisher : <![CDATA[Department of Economics-FEB UI ]]>
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DOI: 10.21002/jepi.v6i2.156
<![CDATA[Dalam sistem moneter yang berbasis syariah, target-target kebijakan moneter yang berhasil adalah yang dipusatkan kearah tercapainya stabilisasi ekonomi yang dapat diukur dengan salah satu indikator berupa kestabilan pergerakan agregat moneter yang hanya berfungsi sebagai alat transaksi, dan juga dalam kegunaannya sebagai instrumen kebijakan moneter. Hal tersebut hanya dapat tercapai rnelalui konsistensi dengan aturan yang berlaku dalam ajaran Islam.Penelitian ini adalah sebuah percobaan untuk menganalisis, mengevaluasi dan juga membuktikan keabsahan dan keefektifan dan kestabilan instrumen-instrumen moneter syariah. Hasil penelitian dengan melihat velositas agregat moneter dan terutama metode pendekatan kointegrasi dan error-correction mechanism, menunjukkan bahwa Otoritas Moneter dalam hubungannya dengan kebijakan pengaturan tingkat harga, besaran moneter yang bebas bunga mempunyai hubungan yang lebih erat dengan tingkat harga dibandingkan dengan besaran-besaran moneter yang telah mengandung bunga. Pada sisi lain dalam jangka panjang, permintaan agregat moneter bebas bunga akan relatif lebih stabil, sehingga gangguan yang bersifat jangka pendek akan tereduksi untuk kembali ke keseimbangan jangka panjangnya.]]>
<![CDATA[PERBANDINGAN PROFITABILITAS INDUSTRI PERBANKAN SYARIAH DAN INDUSTRI PERBANKAN KONVENSIONAL MENGGUNAKAN METODE STRUKTUR KINERJA DAN PERILAKU ]]>
<![CDATA[Amalia, Fitri]]>;
<![CDATA[Nasution, Mustafa Edwin]]>
<![CDATA[ Jurnal Ekonomi dan Pembangunan Indonesia Vol 7 No 2 (2007): Januari ]]>
Publisher : <![CDATA[Department of Economics-FEB UI ]]>
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DOI: 10.21002/jepi.v7i2.159
<![CDATA[Positive correlation between concentration and profitability is not always a result of collusion. Market concentration can be a proxyfor efficiency and product differentiation that have done by company. The company that can be mentioned efficient and have done product differentiation can improve market share, and industry that consist of the company has tendency to be concentrated. This research tries to prove whether market share and concentration in Islamic and conventional banking industry as proxy to efficient. If it is proven, so there is no relationship between market share and concentration with profitability. it is appropriate with efficient structure hypothesis. Using pool data for Islamic and conventional banking industiy at period January 2002 until November 2005. Model that had been used in this research is adjusted Smirlock model with fixed effect method From this research, is hoped that Islamic banking industry can support efficient structure hypothesis, moreover conventional banking industry can support differentiation hypothesis.]]>
<![CDATA[PROFIT SHARING DAN MORAL HAZARD DALAM PENYALURAN DANA PIHAK KETIGA BANK UMUM SYARIAH DI INDONESIA ]]>
<![CDATA[Nasution, Mustafa Edwin]]>;
<![CDATA[Wiliasih, Ranti]]>
<![CDATA[ Jurnal Ekonomi dan Pembangunan Indonesia Vol 7 No 2 (2007): Januari ]]>
Publisher : <![CDATA[Department of Economics-FEB UI ]]>
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Full PDF (409.789 KB)
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DOI: 10.21002/jepi.v7i2.175
<![CDATA[There are two purposes that want to be assessed in this paper. The first purpose is to indicate whether the moral hazard problems are occurred in the Indonesian Sharia Bank (The moral hazard in this paper is the Indirect Moral Hazard which is the negligence of bank in the financing process influencing the moral hazard problems of the debtor in the other side. The second purpose is to assess whether the financing policies in the Sharia Banking are influenced by profit sharing system. The data for assessing this paper are acquired from the monthly financial reports published by Sharia Banks such as BSM and BM] from January 2001 to December 2004. The research based on the Error Correction Model in the long term shows that the increasing of allocation ratio of Murabahah to Musyarakah and Mudharabah results the increasing of non performing financing ratio. It indicates that the moral hazard problems are occurred in BM]. The moral hazard indication demonstrates that bank is both less careful in financing and less incentive in monitoring process. It also demonstrates the weakness of the Sharia bank ’s operational system in countering the debtor's moral hazard. The Granger Causality Test proves that profit sharing ratio (nisbah) between bank and debtor influences return ratio, however it does not ‘influence financing allocation). On the other hand, financing allocation ratio influences nisbah ratio, furthermore in BSM case, return ratio influences nisbah ratio. This description shows that nisbah ratio is not only an instrument for calculating revenue/return distribution but also an instrument for Sharia bank in synchronizing profit sharing level with the interest rate in conventional bank.]]>
<![CDATA[Evaluation of the Spinoffs Criteria: A Lesson from The Indonesian Islamic Banking Industry ]]>
<![CDATA[Al Arif, M Nur Rianto]]>;
<![CDATA[Nachrowi, Nachrowi D]]>;
<![CDATA[Nasution, Mustafa Edwin]]>;
<![CDATA[Mahmud, T.M. Zakir]]>
<![CDATA[ IQTISHADIA Vol 11, No 1 (2018): IQTISHADIA ]]>
Publisher : <![CDATA[Ekonomi Syariah IAIN Kudus ]]>
Show Abstract
|
Download Original
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Original Source
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Check in Google Scholar
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DOI: 10.21043/iqtishadia.v11i1.3211
<![CDATA[Spin-off policy is one of the crucial issues in the Indonesian Islamic Banking Act (The Act of 21/2008). This paper is going to evaluate the spinoffs criteria that are inherent in the Act of 21/2008. The method that has been used in this paper to evaluate the spinoffs criteria is ARIMA and simulation. This ARIMA method is used to forecast that the Islamic banking unit can achieve the fifty percent asset after fifteen years after this act. The object that is used in this paper is four Islamic spin-off's banks, five Islamic banking units, and two Islamic full-fledged banks. The ARIMA result shows that from all of the objects in fifteen years or the year of 2023, there are no Islamic banks either Islamic full-fledged banks or Islamic banking unit can achieve the fifty percent asset. Besides that, based on the simulation it needs high growth asset to achieve the market share asset of its parent’s banks. According to these results, this study suggests the regulator should revise the spinoffs criteria using the strict criteria that based on either nominal assets, capital, financial ratio or the others.]]>
<![CDATA[PERAN MEDIASI INSTITUSIONAL BUDAYA TERHADAP HUBUNGAN NILAI BUDAYA DAN PENGUNGKAPAN NILAI ISLAM ]]>
<![CDATA[Violita, Evony Silvino]]>;
<![CDATA[Syakhroza, Akhmad]]>;
<![CDATA[Nasution, Mustafa Edwin]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Indonesia Vol. 11, No. 2 ]]>
Publisher : <![CDATA[UI Scholars Hub ]]>
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<![CDATA[This study aims to analyze mediation role of cultural institutional element on the influence of societal values on the disclosure of Islamic values. The cultural institutional elements analyzed are legal system, capital market development, and human development. This research covers 102 Islamic banks for the data of 2010 to 2012 around the world. The study finds that capital market development is the only element that has mediation role on the influence of culture on the disclosure of Islamic values. The capital market development has a partial mediation role on the influence of humane orientation on the disclosure of Islamic values and does not have mediation role on the influence of other cultural dimension (social orientation, power distance, and uncertainty avoidance). The capital market development has direct influence rather than mediation role on the disclosure of Islamic values. Meanwhile, the study cannot prove that the other two elements have mediation role in the influence of culture on the disclosure of Islamic values.]]>
