Syafwendi Syafril
University of Malaya

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REFLECTION, IMPLEMENTATION, AND CONSEQUENCES OF ARTICLE 33 OF THE 1945 CONSTITUTION (AFTER AMENDMENT) TOWARDS THE ECONOMY OF INDONESIA AND ISLAMIC ECONOMIC CONNECTION Syafwendi Syafril
Airlangga International Journal of Islamic Economics and Finance Vol. 3 No. 2 (2020): JULY-DECEMBER 2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/aijief.v3i2.23878

Abstract

Indonesia is one of the world's largest country is strategically located betweentwo continents and two oceans. Strategic location endows Indonesia withabundant natural resources from the sea, air, and land area. Besides havingabundant natural resources, Indonesia has rich in culture, language, andcustoms, as well as demographic conditions. With the potential and assetsowned by Indonesia, this country has the opportunity to be a progressive andgrowing rapidly country.The committee was formed by the unification ofperception through legislation by the central government to support economicprosperity for the sake of welfare for all Indonesian people. So with thiscommitment is raised regulation of 33 UUD 1945, as one form betweengovernment and society to advance Indonesia's economy, so that will beexpected to improve the sustainable development, utilization of naturalresources to support the benefit of many people's lives, and that isn’t equallyimportant is the creation of social welfare for Indonesian society. But these loftyambitionsaren’t going according to what was expected earlier, the attitude ofindividualism that is more about profitability than the social welfare is moreprominent in the implementation of Article 33 UUD 1945, especially after thepoint of the article was amended.
REANALYSIS OF SPIN-OFF ISLAMIC BANKS IN INDONESIA: EFFICIENT OR NOT? M Fuad Hadziq; yosi mardoni; syafwendi syafril
AMWALUNA (Jurnal Ekonomi dan Keuangan Syariah) Vol 6, No 2 (2022)
Publisher : Univeristas Islam Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (55.175 KB) | DOI: 10.29313/amwaluna.v6i2.8599

Abstract

The market share of Islamic banks in Indonesia is around 6,3%. Although starting 2008, BI had been a spin-off to enrich the Islamic bank market share, the efficiency did not surmount the big problem from an Islamic bank. This study aims to reanalysis efficiency policy in Indonesia's spin-off in 2011-2019. The research sample is Islamic banking in Indonesia, including BUS (Islamic commercial banks) and UUS (Sharia Business Unit) that was doing spin-off yet. This research used an analysis method of DEA (Data Envelopment Analysis) by using CRS (constant return to scale) and VRS (Variable return to scale models). The variables consisted of input and output, such as liquid assets, total financing, profit-sharing income, operating cost, personnel cost, and fixed assets. The result and findings show that BUS after the spin-off is inefficient. Moreover, several Islamic commercial banks decreased inefficiency in many periods. The spin-off does not affect efficiency, especially in the market share of Islamic banks. UUS was more efficient than BUS. One of the factors because of operational cost. However, the BUS is more inefficient than UUS in producing Islamic financial products and services. Besides that, labor costs cannot cut and always grow every time. Finally, making a load of the company to be weight thus consumer prize more expensive