Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach
<p>Central Bank of Indonesia with dual banking system – i.e Shariah and Conventional Bank – keep on developing system that considered as an answer to generate the national economic growth. One of the banking activities that emphasized by the Central Bank of Indonesia is fund distribution throu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Tazkia University College of Islamic Economics; Association of Islamic Economics Lecturers
2008-01-01
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| Series: | Tazkia Islamic Finance and Business Review |
| Online Access: | http://tifbr-tazkia.org/index.php/TIFBR/article/view/21 |
| _version_ | 1818478366364270592 |
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| author | Muhamad Abduh Yulizar Djamaluddin Sanrego |
| author_facet | Muhamad Abduh Yulizar Djamaluddin Sanrego |
| author_sort | Muhamad Abduh |
| collection | DOAJ |
| description | <p>Central Bank of Indonesia with dual banking system – i.e Shariah and Conventional Bank – keep on developing system that considered as an answer to generate the national economic growth. One of the banking activities that emphasized by the Central Bank of Indonesia is fund distribution through either conventional bank credit or shariah bank fi nancing. Having the Experimental Economic Approach based on Induced Value Theory and employing ANOVA, this paper found that shariah bank musharakah fi nancing system would come up with higher profi t opportunity compare to conventional credit system. One main reason is that musharakah fi nancing in shariah bank applies profi t and lost sharing (PLS) scheme so that will not be a burden to the customer when he fi nd low profi t.</p><p><strong>Keywords:</strong> Credit Loan, Musharakah Financing, Induced Value Theory, Experimental Economic Approach, Analysis of Variance (ANOVA).</p> |
| first_indexed | 2024-12-10T09:47:10Z |
| format | Article |
| id | doaj.art-02509f0b7b24432ea2ddba18f0f2aa77 |
| institution | Directory Open Access Journal |
| issn | 1907-8145 2460-0717 |
| language | English |
| last_indexed | 2024-12-10T09:47:10Z |
| publishDate | 2008-01-01 |
| publisher | Tazkia University College of Islamic Economics; Association of Islamic Economics Lecturers |
| record_format | Article |
| series | Tazkia Islamic Finance and Business Review |
| spelling | doaj.art-02509f0b7b24432ea2ddba18f0f2aa772022-12-22T01:53:47ZengTazkia University College of Islamic Economics; Association of Islamic Economics LecturersTazkia Islamic Finance and Business Review1907-81452460-07172008-01-013110.30993/tifbr.v3i1.2118Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic ApproachMuhamad Abduh0Yulizar Djamaluddin Sanrego1Department of Economics, International Islamic University MalaysiaTazkia University College of Islamic Economics<p>Central Bank of Indonesia with dual banking system – i.e Shariah and Conventional Bank – keep on developing system that considered as an answer to generate the national economic growth. One of the banking activities that emphasized by the Central Bank of Indonesia is fund distribution through either conventional bank credit or shariah bank fi nancing. Having the Experimental Economic Approach based on Induced Value Theory and employing ANOVA, this paper found that shariah bank musharakah fi nancing system would come up with higher profi t opportunity compare to conventional credit system. One main reason is that musharakah fi nancing in shariah bank applies profi t and lost sharing (PLS) scheme so that will not be a burden to the customer when he fi nd low profi t.</p><p><strong>Keywords:</strong> Credit Loan, Musharakah Financing, Induced Value Theory, Experimental Economic Approach, Analysis of Variance (ANOVA).</p>http://tifbr-tazkia.org/index.php/TIFBR/article/view/21 |
| spellingShingle | Muhamad Abduh Yulizar Djamaluddin Sanrego Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach Tazkia Islamic Finance and Business Review |
| title | Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach |
| title_full | Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach |
| title_fullStr | Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach |
| title_full_unstemmed | Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach |
| title_short | Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach |
| title_sort | comparing conventional bank credit vis a vis shariah bank musharakah experimental economic approach |
| url | http://tifbr-tazkia.org/index.php/TIFBR/article/view/21 |
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