Noven Suprayogi
Airlangga University, Islamic Economics, Faculty Member
- Noven Suprayogi is an assistant profesor at the Faculty of Economics and Business, Universitas Airlangga, Indonesia. ... moreNoven Suprayogi is an assistant profesor at the Faculty of Economics and Business, Universitas Airlangga, Indonesia. His research area focuses on Islamic accounting, sharia governance, sharia audit, Islamic banking and finance, and Islamic social finance. He is member of Institute of Indonesia Chartered Accountant, and Masyarakat Ekonomi Syariah (MES). His current position is Editor in Chief Jurnal Ekonomi Syariah Teori dan Terapan, and Director of Institute for Advancement of Islamic Economy, Faculty of Economics and Business, Universitas Airlangga. He is a research fellow of the research group in Center of Islamic Social Finance Intelligent (CISFI), Faculty of Economics and Business, Universitas Airlangga. He also interests in cybergogy for teaching strategy and method, and specialist in curriculum and teaching-learning design for higher education.edit
Basically Baitul Maal wa tamwil (BMT) have to run optimally both their business functions (Baitul tamwil) and social functions (Baitul Maal). Optimal can be seen from how the organization runs their operations effectively and efficiently.... more
Basically Baitul Maal wa tamwil (BMT) have to run optimally both their business functions (Baitul tamwil) and social functions (Baitul Maal). Optimal can be seen from how the organization runs their operations effectively and efficiently. The aim of this research was to determine what causes of less-optimal from the social functions (Baitul Maal) on BMT.This research used qualitative approach and case study method with explanatory study. The informants in this research were managers and administrators of BMT. Based on that method, the selected informants were executive manager of BMT, menager of Baitul Maal, and management of BMT. Data collected by interviews with informants using validation method of sources and data triangulation.The results of this research indicate that their motivation cause disoptimal Baitul Maal function at Islamic microfinance institutions (case study at BMT Nurul Jannah Gresik and BMT Muda Surabaya).
Research Interests:
The purpose of this study is to find out cash management carried out by sharia property companies. This study uses a qualitative approach with descriptive case study strategy. The data in this study were obtained through primary data in... more
The purpose of this study is to find out cash management carried out by sharia property companies. This study uses a qualitative approach with descriptive case study strategy. The data in this study were obtained through primary data in the form of interviews and secondary data in the form of documentation based on two informants from PT Emirate Nusantara and PT Indo Tata Graha, respectively. The results of this study indicate that PT Emirate Nusantara and PT Indo Tata Graha manage cash by arranging sales schemes and payment schemes to maintain cash availability, and the two companies diversify their business as an effort to maintain business continuity.Keywords: Cash management, Sharia Property, business continuity
Research Interests:
This study aims at comparing the level of disclosure of Islamic values in Islamic banks in Indonesia and Malaysia. The method used in research is a quantitative method using descriptive analysis techniques and test of difference. The data... more
This study aims at comparing the level of disclosure of Islamic values in Islamic banks in Indonesia and Malaysia. The method used in research is a quantitative method using descriptive analysis techniques and test of difference. The data used in this study are secondary data, namely the annual reports of Islamic banks in Indonesia and Malaysia in 2013-2017. The disclosure aspects of Islamic values in the annual report of Islamic banks that became the focus of this study are information regarding the vision and mission, the top management information, service and product information, zakat, donation and charity, employee support, commitment to debtors, commitment to the environment and society, and evaluation of the Sharia Supervisory Board (DPS). The result of this study indicates that there are differences in the level of disclosure of Islamic values in Islamic banks in Indonesia and Malaysia. Based on the results of statistical tests show that the average disclosure of Islamic va...
Research Interests:
This research examines the determinants of profit sharing of mudharabah deposits on Islamic banking in Indonesia during the 2012-2019 period. The source of data is from research papers during the 2012-2019 period. The purpose of this... more
This research examines the determinants of profit sharing of mudharabah deposits on Islamic banking in Indonesia during the 2012-2019 period. The source of data is from research papers during the 2012-2019 period. The purpose of this research is to examine the association between ROA, BOPO, BI Rate, CAR, and FDR with profit sharing of mudharabah deposits on Islamic banking in Indonesia. This research applies a quantitative approach with the meta-analysis technique developed by Hunter et al. (1982) for analyzing ten articles as samples. The articles used are selected studies from Sinta Journal and Google Scholar. This research shows that BOPO, BI Rate, CAR, and FDR have a significant correlation with profit sharing of mudharabah deposits on Islamic banking in Indonesia. Meanwhile, ROA has no significant correlation with the profit sharing of mudharabah deposits on Islamic banking in Indonesia. Keywords: Profit Sharing, Mudharabah Deposits, Meta-Analysis
Research Interests:
ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh ukuran bank, reputasi, profitabilitas, aktivitas sosial terhadap pengungkapan informasi inklusi keuangan pada bank umum syariah di Indonesia periode 2015-2019 secara parsial dan... more
ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh ukuran bank, reputasi, profitabilitas, aktivitas sosial terhadap pengungkapan informasi inklusi keuangan pada bank umum syariah di Indonesia periode 2015-2019 secara parsial dan simultan. Penelitian ini menggunakan metode kuantitatif dengan teknik analisis regresi data panel menggunakan alat penelitian Eviews 10. Hasil penelitan ini menunjukkan bahwa secara parsial, variabel ukuran bank, reputasi, aktivitas sosial berpengaruh positif signifikan terhadap pengungkapan informasi inklusi keuangan. sedangkan profitabilitas berpengaruh negatif signifikan terhadap pengungkapan informasi inklusi keuangan. Secara simultan, variabel ukuran bank, reputasi, profitabilitas, aktivitas sosial berpengaruh positif signifikan terhadap pengungkapan informasi inklusi keuangan pada bank umum syariah di Indonesia periode 2015-2019. Kata Kunci: Ukuran bank, reputasi, profitabilitas, aktivitas sosial, pengungkapan informasi inklusi keuangan. ABSTRA...
Research Interests:
ABSTRAKLembaga keuangan mikro adalah lembaga keuangan yang beroperasi karena berfungsi sebagai perantara keuangan dalam skala yang lebih kecil. Tetapi ada lembaga keuangan mikro yang tidak bekerja dengan cara itu, khususnya lembaga... more
ABSTRAKLembaga keuangan mikro adalah lembaga keuangan yang beroperasi karena berfungsi sebagai perantara keuangan dalam skala yang lebih kecil. Tetapi ada lembaga keuangan mikro yang tidak bekerja dengan cara itu, khususnya lembaga keuangan mikro ini tidak mengambil simpanan dari orang-orang. Karena mereka berfungsi sebagai lembaga keuangan mikro - sosial. Mereka beroperasi dengan sumber modal dari Lembaga Amil Zakat Indonesia, dan memberi orang-orang di sekitar sekolah asrama Islam suatu pemberdayaan dengan memberikan pinjaman dengan berbagai akd, tetapi dengan upah kecil atau rasio bagi hasil (hanya 3%). Lembaga keuangan mikro disebut sebagai Bank Wakaf Mikro. Tujuan penelitian ini adalah untuk memberikan penjelasan tentang bagaimana Bank Wakaf Mikro mengelola likuiditasnya tanpa deposit dari debitur. Dengan hanya satu sumber modal, bagaimana Bank Wakaf Mikro dapat mengoperasikan pembiayaan atau operasi peminjaman mereka?.Kata Kunci: Manajemen likuiditas, lembaga keuangan mikro, r...
Research Interests:
Gold savings product is one of the first gold investment product that is available in Indonesia issued by Pawnshop, including Islamic Pawnshop and using a system of buyingsaving gold, and the agreement of gold svings product used is a... more
Gold savings product is one of the first gold investment product that is available in Indonesia issued by Pawnshop, including Islamic Pawnshop and using a system of buyingsaving gold, and the agreement of gold svings product used is a contract of sale and purchase or akad murabahah. This research aims to find out the accounting treatment of gold savings, especially the aspects of recognition, measurement, disclosure, and presentation in Islamic Pawnshop This research uses qualitative method. Data collecting techniques used are interview and taking financial statement on official website of PT. Pegadaian. The result of this research shows that there is no difference between gold savingsin Islamic Pawnshop and conventional Pawnshop, including the accounting treatment, gold savings product uses accounting of gold sale and purchase and Gold inventory is recognized as Mulia gold inventory because inventory from gold savings is still incorporated with Mulia.
Research Interests:
This study aims to determine factors that affect surplus underwriting of tabarru‟ fund on Sharia Life Insurance in Indonesia. The factors used in this study is net contribution, claim expenses and investment return. This study used is... more
This study aims to determine factors that affect surplus underwriting of tabarru‟ fund on Sharia Life Insurance in Indonesia. The factors used in this study is net contribution, claim expenses and investment return. This study used is panel data regression with Econometric Views (EViews) 8.0 as statistical analysis software. The samples are 14 Sharia Life Insurance, consists of 13 Islamic business units and 1 full sharia. During 2011 to 2015, the hypothesis test result showed the factors affecting surplus underwriting of tabarru‟ fund is net contribution, claim expenses and investment return always showed significant effect partially or simultaneously to the surplus underwriting of tabarru‟ fund on sharia life insurance.
Research Interests:
Budget is one of the most important components in a company. It takes skills and knowledge in budget planning. This study aims to determine the budgeting process in BMT MUDA JATIM (Baitul Maal Wat Tamwil Mandiri Ukhuwah Persada Jawa... more
Budget is one of the most important components in a company. It takes skills and knowledge in budget planning. This study aims to determine the budgeting process in BMT MUDA JATIM (Baitul Maal Wat Tamwil Mandiri Ukhuwah Persada Jawa Timur). The research method used was qualitative approach using case study. The data collection was done by observation, interview and documentation. The validation technique used source triangulation and technique. The analysis was done by using Miles and Huberman analysis technique. The results of this study were based on four stages of the budgeting process consisting of the stages of determining the budget guidelines, the phase of budgeting, the budgeting stage, and the budget execution stage. Based on the analysis done by the researcher, the process of budgeting of BMT MUDA JATIM is inaccordance with the four stages.
Research Interests:
This study aims to find out the simultaneous and partial impact of Good Corporate Governance index and Islamic social reporting index as an assessment of the responsibility for the implementation of business functions and social functions... more
This study aims to find out the simultaneous and partial impact of Good Corporate Governance index and Islamic social reporting index as an assessment of the responsibility for the implementation of business functions and social functions towards total third–party funds on Islamic Banks in Indonesia during 2010-2015. This study use quantitative approach, and the sampling technique is purposive sampling. The analysis technique used is the panel data regression. The type and sources of data used are secondary data. The population in this study are Islamic Banks in Indonesia.The results of this study showed that index of good corporate governance partially have no significant effect on the number of third-party funds while index of Islamic Social Reporting partially have significant effect on the amount of funding third parties. Simultaneously index of Good Corporate Governance and Islamic Social Reporting have significant effect on the number of third-party funds Islamic banks.
Research Interests:
his research aims to understand which components from three research variables are cost of loanable fund, overhead cost, and risk factor significantly effected towards financing pricing based on profit sharing in Sharia Banking... more
his research aims to understand which components from three research variables are cost of loanable fund, overhead cost, and risk factor significantly effected towards financing pricing based on profit sharing in Sharia Banking Industry. This research used two financing aqds are mudharaba and musharaka. The research method was a quantitative method. Statistics tools used Multiple Linear Regression. Samples were used Sharia General Banking and Sharia Unit within Sharia Banking Statistic Reports published by Indonesian Central Bank and Financial Service Authority 2011-2015. The result is three-shaped-pricecomponent created financing price neither simultaneously nor partially mudharaba and musharaka. Partial results are cost of loanable fund, overhead cost and risk factor effected significantly towards mudharaba profit sharing rates, and cost of variable significantly to musharaka profit sharing rates.
Research Interests:
This research aims to analyze risk mitigation of Sharia Non-Compliance on thefinancial product development in the sharia financing bank. Risk mitigation of sharia noncompliance was including analization of product development proposal,... more
This research aims to analyze risk mitigation of Sharia Non-Compliance on thefinancial product development in the sharia financing bank. Risk mitigation of sharia noncompliance was including analization of product development proposal, analization of product study by director, analization of product study by commissioner, analization of study by sharia supervisor council (DPS). The method thatbused in this study was qualitative descriptive approach using study case on PT. Sharia Financing Bank (BPRS) Mandiri Mitra Sukses. The validation technic done using triangulation technic of source and technic. The analysis technic in this study was analysis technic of Miles and Huberman. The result of this study according to the steps of product development risk mitigation of sharia non-compliance that presented the process of publishing product conducted by company management. Based on analysis that has been done by researcher, PT. BPRS Mandiri Mitra Sukses already capable to perform risk mit...
Research Interests:
The purpose of this study is to determine the effect of the Financing to Deposit Ratio (FDR), Non Performing Financing (NPF) and Operational Cost variable to Operational Revenue (BOPO) toward Return On Asset (ROA) at Islamic Bank in... more
The purpose of this study is to determine the effect of the Financing to Deposit Ratio (FDR), Non Performing Financing (NPF) and Operational Cost variable to Operational Revenue (BOPO) toward Return On Asset (ROA) at Islamic Bank in Indonesia period 2013-2017 partially and simultaneously. This study uses a quantitative approach. Samples were determined using purposive sampling technique and the number of selected samples was 13 Islamic Commercial Banks. This study uses regression analysis with panel data tests to determine the relationship between exogenous variables and endogenous variables. The result of this research shows that BOPO is partially has significant influence to the profitability . Meanwhile, FDR and NPF are partially have insignificant influence to the profitability. While simultaneously, FDR, NPF and BOPO have significant influence to the profitability of Islamic bank with the coefficient of determination is 80,48% while the remaining 19,52% is influenced by other v...
Research Interests:
Investments of securities performed by Islamic banks in addition to a liquidity instrument in the bank that is as an investment instrument for banks to obtain operating income other than the channeling of funds through financing to... more
Investments of securities performed by Islamic banks in addition to a liquidity instrument in the bank that is as an investment instrument for banks to obtain operating income other than the channeling of funds through financing to customers. The Bank's securities investment is influenced by external and internal factors within the bank. External factors are factors that occur outside the bank, external factors can not be controlled by the management of sharia banks. Internal factors are factors that occur due to decisions and phenomena within the internal bank, internal factors can be controlled by banks through managerial processes. External factors faced by banks such as economic and monetary conditions such as inflation and interest rates, money market conditions (exchange rate), customer character, regulations and others. Internal factors rely heavily on bank management in managing every liquid instrument within the sharia bank itself, such as asset and liability management...
Research Interests:
This research aims to know the influence of Financing to Deposit Ratio (FDR) against Non Performing Financing (NPF), the influence of Non-Performing Financing (NPF) towards profitability, leverage Financing to Deposit Ratio (FDR) towards... more
This research aims to know the influence of Financing to Deposit Ratio (FDR) against Non Performing Financing (NPF), the influence of Non-Performing Financing (NPF) towards profitability, leverage Financing to Deposit Ratio (FDR) towards profitability , on the Bank of the people's Islamic Financing in Indonesia. The approach used is the quantitative approach using path analysis or path analysis. The sample used in this study is the BPRS from January 2011 to December 2016. The data is drawn from Islamic Banking Statistics issued by Bank Indonesia and the financial services authority totalling 72 data. The results of this study showed that Non Performing Financing (NPF) and the Financing to Deposit Ratio (FDR) influential negative and significantly to Profitability (RoA). Non Performing Financing (NPF) a positive effect towards Profitability (RoA) Keywords: NPF, FDR, ROA, Intervening
Research Interests:
ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh pertumbuhan suku bunga, inflasi, Produk Domestik Bruto (PDB), biaya promosi dan tingkat bagi hasil terhadap pertumbuhan dana pihak ketiga (DPK) secara parsial maupun simultan.... more
ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh pertumbuhan suku bunga, inflasi, Produk Domestik Bruto (PDB), biaya promosi dan tingkat bagi hasil terhadap pertumbuhan dana pihak ketiga (DPK) secara parsial maupun simultan. Penelitian ini menggunakan pendekatan kuantitatif dengan teknik analisis regresi data panel dengan bantuan program Eviews 6. Hasil menunjukkan bahwa secara parsial, variabel pertumbuhan suku bunga, inflasi dan PDB berpengaruh signifikan negatif terhadap pertumbuhan DPK. Variabel tingkat bagi hasil berpengaruh signifikan positif terhadap pertumbuhan DPK, sedangkan variabel biaya promosi tidak berpengaruh signifikan terhadap pertumbuhan DPK. Secara simultan, hasil menunjukkan bahwa variabel pertumbuhan suku bunga, inflasi, PDB, biaya promosi dan tingkat bagi hasil berpengaruh signifikan terhadap pertumbuhan DPK bank umum syariah di Indonesia periode 2014-2018. Kata Kunci: Dana Pihak Ketiga, Suku Bunga, Inflasi, Produk Domestik Bruto, Biaya Promosi, Tingk...
Research Interests:
ABSTRAKTujuan penelitian ini adalah untuk mengetahui perbedaan Kualitas Pelaporan Keuangan Internet antara asuransi jiwa syariah dan asuransi umum syariah di Indonesia. Indeks IFR terdiri dari empat komponen yaitu, konten, ketepatan... more
ABSTRAKTujuan penelitian ini adalah untuk mengetahui perbedaan Kualitas Pelaporan Keuangan Internet antara asuransi jiwa syariah dan asuransi umum syariah di Indonesia. Indeks IFR terdiri dari empat komponen yaitu, konten, ketepatan waktu, teknologi dan dukungan pengguna. Penelitian ini menggunakan pendekatan kuantitatif dengan uji independent sample t-test. Hasil penelitian ini menunjukkan bahwa tidak ada perbedaan yang signifikan dalam Kualitas Pelaporan Keuangan Internet antara asuransi jiwa syariah dan asuransi umum syariah. Tidak adanya perbedaan tersebut disebabkan tidak adanya perbedaan yang signifikan antara kualitas konten, ketepatan waktu, teknologi dan dukungan pengguna IFR antara Asuransi Jiwa Syariah dan Asuransi Umum Syariah di Indonesia. Namun hasil yang diperoleh bahwa asuransi jiwa syariah dan asuransi umum syariah masih belum memberikan kualitas pelaporan keuangan internet yang maksimal atau masih di bawah skor rata-rata 50%.Kata kunci: Pelaporan Keuangan Internet,...
Research Interests:
The purpose of this study is to find out the risk management of tabarru' funds. As an institution that works to manage risk, islamic insurance has a duty to manage the tabarru’ funds. There is the possibility of a risk at tabarru’... more
The purpose of this study is to find out the risk management of tabarru' funds. As an institution that works to manage risk, islamic insurance has a duty to manage the tabarru’ funds. There is the possibility of a risk at tabarru’ fund. So, islamic insurance institution have a duty for risk management process of tabarru’ funds. This study uses a qualitative approach. Data research obtained by interview and documentation with the head and the deputy of Al Amin Surabaya branch. The results of this study, PT. Asuransi Jiwa Syariah Al Amin was execute the risk management process implemented by the four stages. Risk identification through underwriting limit process; rank the risk based on impact and complexity of risk;control risks by self retention; and response to the risk through change of insurance rates, products diversification and sharing of risk with reinsurance.
Research Interests:
ABSTRAKPenelitian ini dilakukan untuk mengetahui apakah terdapat perbedaan elastisitas suku bunga dan tingkat elastisitas bagi hasil pada deposito Mudarabah Bank Syariah Indonesia tahun 2013-2017. Pengujian dalam penelitian ini... more
ABSTRAKPenelitian ini dilakukan untuk mengetahui apakah terdapat perbedaan elastisitas suku bunga dan tingkat elastisitas bagi hasil pada deposito Mudarabah Bank Syariah Indonesia tahun 2013-2017. Pengujian dalam penelitian ini menunjukkan hasil dengan hipotesis nol diterima atau dengan kata lain tidak terdapat perbedaan yang signifikan. Dengan demikian, deposito mudarabah bank syariah sensitif terhadap perubahan suku bunga dan tingkat bagi hasil. Kenaikan dan penurunan suku bunga dan tingkat bagi hasil berpotensi merugikan dengan berkurangnya dana deposan karena return yang diberikan lebih rendah. Sehingga dapat dipengaruhi oleh risiko tingkat pengembalian. Jika risiko ini tidak dimitigasi dengan baik, risiko lain dapat muncul, yaitu risiko komersial yang tergeser.Kata Kunci: Bank Umum Syariah, Sensitivitas Deposito Mudarabah, Elastisitas Suku Bunga, Elastisitas Tingkat Bagi Hasil ABSTRACTThis study was conducted to determine whether there are differences in interest rate elasticit...
Research Interests:
This research aims to analyze the implementation process of good sharia governance (GSG) in order to ensure sharia compliance. Sharia governance is a qualitative disclosure that includes arrangements, systems, and control to ensure sharia... more
This research aims to analyze the implementation process of good sharia governance (GSG) in order to ensure sharia compliance. Sharia governance is a qualitative disclosure that includes arrangements, systems, and control to ensure sharia compliance. The method using descriptive qualitative approach with case study strategy at PT. Bank Pembiayaan Rakyat Syariah (BPRS) Jabal Nur Surabaya. Data collected by in depth interview and documentation. Validation techniques using source and technic triangulation. Analysis techniques using Miles and Huberman’s.Result of this research is based on seven patterns from the sharia governance process which represents the instrumental function of the sharia supervisory board as part of the internal governance structure of corporate governance in Islamic Financial Institutions. Based on the analysis that has been conducted by researchers, PT. Bank Pembiayaan Rakyat Syariah Jabal Nur has been quite obedient in fulfillment guarantee of sharia compliance...
Research Interests:
This study aims to determine the presence or absence of differences in the earnings quality on murabaha margin revenue recognition. The sample used in this study selected by purposive sampling method. It produces 6 Islamic Banks (BUS) in... more
This study aims to determine the presence or absence of differences in the earnings quality on murabaha margin revenue recognition. The sample used in this study selected by purposive sampling method. It produces 6 Islamic Banks (BUS) in Indonesia with the data obtained from their annual reports that have already been published. The research used a quantitative approach using equations of regression to detect the presence or absence of earnings management, which then in different test using independent t-test. The variable in this study is earnings quality that is categorised based on the use of murabaha margin revenue recognition method. Results shows that differences in using murabaha margin revenue recognition method has an impact on quality of earnings. However, the statistical test indicated that there was no significant difference to the quality of earnings.
Research Interests:
The purpose of this study was to determine how the pattern of financial planning and management of ethnic Arab families in Surabaya. This study used descriptive qualitative approach. The data collection is done by Interview and... more
The purpose of this study was to determine how the pattern of financial planning and management of ethnic Arab families in Surabaya. This study used descriptive qualitative approach. The data collection is done by Interview and observation. The analysis technique used is the domain analysis techniques, taxonomy and componential.The results of this study there are some interesting phenomena to be discussed related to the pattern of financial planning and management arab ethnic family in Surabaya namely: managing income that the arab ethnic family uphold the principles to qowwam husband was sustained to shalihaan wife. Managing highly prioritize the settlement of this case is the most important prior to meeting the needs of the family. Managing dream has rules of jurisprudence life priorities, namely mukhodima ahamminal Muhin. Managing surplus and deficit has a principle to prioritize investment of the savings. managing contigencie social capital as a protection of the family.
Research Interests:
The purpose of this research is to find out the effect of tabarru’ fund financial health towards the profitability in insurance. The method that used in this research is quantitative method and also using secondary data which obtained... more
The purpose of this research is to find out the effect of tabarru’ fund financial health towards the profitability in insurance. The method that used in this research is quantitative method and also using secondary data which obtained from financial reports and other reports started from 2012 until the end of 2014. The choosing of sample was done using sampling purposive method and there are 28 Islamic insurances that comply with the specified sample criteria. Analysis technique used is multiple linier regression analysis of panel data. The result are risk based capital that have significant level less than 0,1 but liquidity ratio, balance investment liability ratio, investment income ratio, claim expenses ratio, and tabarru’ fund change risk do not significantly influence the profitability of Islamic insurance companies because the significantly level more than 0,1.
Research Interests:
Sharia cooperative is subject to use the PSA Sharia guideline 100 and 101 on the process of arranging and presenting financial report. The fact is that there are a lot of financial report presentation that is less suitable with the PSAK... more
Sharia cooperative is subject to use the PSA Sharia guideline 100 and 101 on the process of arranging and presenting financial report. The fact is that there are a lot of financial report presentation that is less suitable with the PSAK Sharia. This research aims at determining the reasons why do the financial report presentation is less suitable with the PSAK Sharia 100 and 101.This research utilizes qualitative approach with exploratory case study method. Data collection is done by interviewing informant with resource triangulation validation method.The result of this research shows that sharia cooperation tends to use Indonesian Accounting Standards Non-Publicly-Accountable Entities (SAK ETAP) when presenting the financial report since there is a Ministrial regulation of Cooperatives and Small-Medium Enterprises number 4 in 2012 that obliged all the cooperatives in Indonesia to use SAK ETAP guide.
Research Interests:
This research aimed to determine the average profit-loss sharing level of deposit and the return level of deposit affect to total deposit and the quantity of Islamic banking customer in Indonesia, in time year 2009 until year 2014. The... more
This research aimed to determine the average profit-loss sharing level of deposit and the return level of deposit affect to total deposit and the quantity of Islamic banking customer in Indonesia, in time year 2009 until year 2014. The approach is a quantitative approach using VECM (Vector Error Correction Model) analytical techniques, to determine the effect of independent variable to dependent variable. The independent variable of this research is the average profit-loss sharing level of Islamic banking and the return level of deposit in conventional banking. While the dependent variable of this research is the total deposit and the quantity of Islamic banking customer in Indonesia. The result of this research showed that independent variable has a significant effect to total deposit in a long term, both simultaneous and partial. While in the quantity of customer, independent variable has no significant effect, both simultaneous and partial in a long term.
Research Interests:
This study aims to analyze the efficiency of sharia general insurance companies in Indonesia. The input variables used are total assets, expenses, and payment of claims, while the output variable is the income and tabarru’ funds. The... more
This study aims to analyze the efficiency of sharia general insurance companies in Indonesia. The input variables used are total assets, expenses, and payment of claims, while the output variable is the income and tabarru’ funds. The method were used to measure the level of efficiency is the Data Envelopment Analysis (DEA) with the assumption of Variable Return to Scale (VRS) with input and output orientation. The samples are 12 sharia general insurance companies during 2013-2015. The results of the study indicate that the average result of DEA analysis for the entire DMU (Decision Making Unit) has not been efficient. The average value of economic efficiency (CRS) by 0.978, technically efficiency (VRS) for 0.925, and scale efficiency for 0.945. Source of inefficiency sharia insurance company is the scale of operations and management of input to output is not optimal.
Research Interests:
The aim of this study was to determine the ideal composition of tabarru'-ujrah fund on Sharia Life Insurance company in Indonesia through Dynamic Financial Analysis method. This research is a quantitative with a simulation approach.... more
The aim of this study was to determine the ideal composition of tabarru'-ujrah fund on Sharia Life Insurance company in Indonesia through Dynamic Financial Analysis method. This research is a quantitative with a simulation approach. The simulation model was Monte Carlo simulation. The data using a secondary data from the financial statements of insurance sharia life insurance companies published between 2012-2014. There are two variables that influence the formation of the composition tabarru’ the claims and Retakaful. The results of this study indicate that the ideal composition tabarru'-ujrah funds obtained amounted to 68.73%: 31.27%. The phenomenon that occurs is the composition tabarru’ which showed a reading below 50%, the life insurance industry sharia set much ujrah in every contribution at the time of composition claims and Retakaful in a low position, and ROI DPS received until the end of the forecasting declining and even minus.
Research Interests:
This study aims to determine and comparing the level of third-party funds accumulation efficiency of Islamic Banks and Conventional Banks in Indonesia. This study uses a quantitative non-parametric approach with Data Envelopment Analysis... more
This study aims to determine and comparing the level of third-party funds accumulation efficiency of Islamic Banks and Conventional Banks in Indonesia. This study uses a quantitative non-parametric approach with Data Envelopment Analysis (DEA) CRS and VRS assumption, and statistical tool namely Mann Whitney U-Test. The samples are 10 Islamic Banks and 13 Conventional Banks those comply with the specified sample criteria. During 2010 to 2014, Islamic Banks has efficiency level of third-party funds accumulation relatively higher than Conventional Banks based on CRS and VRS assumption. Source of inefficiency in Islamic Banks is the scale of third-party funds accumulation. While the hypothesis test showed there was no significant difference in the level of third-party funds accumulation efficiency between Islamic Banks and Conventional Banks in Indonesia with the assumption of CRS, VRS, and Scale efficiency.
Research Interests:
This study aims to determine and comparing the level of financing efficiency of Islamic Banks and Conventional Bank in Indonesia. This study uses a quantitative non-parametric approach With Data Envelopment Analysis (DEA) VRS assumption,... more
This study aims to determine and comparing the level of financing efficiency of Islamic Banks and Conventional Bank in Indonesia. This study uses a quantitative non-parametric approach With Data Envelopment Analysis (DEA) VRS assumption, and a statistical tool Mann-Whitney U-Test. The samples are 10 Islamic Banks and 13 Conventional Commercial Bank those comply with the specified sample criteria. During 2010 to 2014, Islamic Bank has efficiency level of financing relatively higher than Conventional Bank based on VRS assumption. Source of inefficiency in Islamic Banks finance more due to inefficiency on ascale of financing . While the hypothesis test showed there are significant differences in the level of scale financing efficiency, and no significant difference in the level of financing efficiency between Islamic Banks and Conventional Banks in Indonesia with CRS and VRS assumption.
Research Interests:
The purpose of this research is to find similarities and differences of sharia bank and convenstional bank’s financial systems from bank employee’s perspective.This study use qualitative method with fenomenology approach because it... more
The purpose of this research is to find similarities and differences of sharia bank and convenstional bank’s financial systems from bank employee’s perspective.This study use qualitative method with fenomenology approach because it describes the general meaning of several individuals toward their various life experiences related to the concept or phenomenon.. The data used in this research are primary data that obtained through in-depth interview with bank employee and secondary data that obtained form of documentation study to be done triangulation data. The main focus in this study is describe what are the similarities and differences of financial system in sharia bank and conventional bank of what is happening in the reality. The results of this study indicate that the similarity of financial system is drawn from the experience of bank employees who have worked in sharia and conventional banks derived from the type of product and its function as a financial institution. Meanwhile...
Research Interests:
This study aims to determine and comparing the level of operational efficiency of Islamic Life Insurance and Conventional Life Insurance in Indonesia. This study uses a quantitative non-parametric approach With Data Envelopment Analysis... more
This study aims to determine and comparing the level of operational efficiency of Islamic Life Insurance and Conventional Life Insurance in Indonesia. This study uses a quantitative non-parametric approach With Data Envelopment Analysis (DEA) CRS and VRS assumption, and a statistical tool Mann-Whitney U-Test. The samples are 13 Islamic Insurance and 5 Conventional Insurance that comply with the specified sample criteria. During 2010 to 2014, the relative average value of Islamic Life Insurance and Conventional Life Insurance with VRS assumption more efficient than CRS assumption. This indicates that in relative terms, the source of operational inefficiency is not effective on the efficiency scale. While the hypothesis test results showed no significant differences in levels of operational efficiency in both groups the data by CRS assumptions and VRS.
Research Interests:
Microfinance is a financial institution who operates as it function as a financial intermediaries on a smaller scale. But there is a microfinance institution who don’t works with that way, specifically this microfinance institution does... more
Microfinance is a financial institution who operates as it function as a financial intermediaries on a smaller scale. But there is a microfinance institution who don’t works with that way, specifically this microfinance institution does not take any deposit from the people. Because they’re functioned as a microfinance–social institution. They operates with the capital source from Indonesian Amil Zakat Institution, and giving people around islamic boarding school an empowerment by giving a lending with various akd, but with a small wage or profit sharing ratio (only 3%). The microfinance institution is called as Bank Wakaf Mikro. This research goals is to give an explanation about how Bank Wakaf Mikro manage their liquidity without any deposit from debtor. With only one source of capital, how could Bank Wakaf Mikro operates their financing or lending operation?.
Research Interests:
John Stuart Mill (1843) thought that proper names denote individuals and do not connote attributes. Contemporary Millians agree, in spirit. We hold that the semantic content of a proper name is simply its referent. We also think that the... more
John Stuart Mill (1843) thought that proper names denote individuals and do not connote attributes. Contemporary Millians agree, in spirit. We hold that the semantic content of a proper name is simply its referent. We also think that the semantic content of a declarative ...