Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia
The purpose of this research is to test Shariah compliant duration models on Islamic banks in Indonesia. This will be achieved using data of earning assets and risk bearing liabilities of Indonesian Islamic banks from 2009 to 2019. Using multiple regressions the results suggest that Shariah complian...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Muhammadiyah University Press
2021-09-01
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| Series: | Journal of Islamic Economic Laws |
| Subjects: | |
| Online Access: | https://journals.ums.ac.id/index.php/jisel/article/view/15358 |
| _version_ | 1818252345727778816 |
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| author | Syed Alamdar Ali Shah Raditya Sukmana Bayu Arie Fianto |
| author_facet | Syed Alamdar Ali Shah Raditya Sukmana Bayu Arie Fianto |
| author_sort | Syed Alamdar Ali Shah |
| collection | DOAJ |
| description | The purpose of this research is to test Shariah compliant duration models on Islamic banks in Indonesia. This will be achieved using data of earning assets and risk bearing liabilities of Indonesian Islamic banks from 2009 to 2019. Using multiple regressions the results suggest that Shariah compliant duration models are robust to calculate duration of earning assets, return bearing liabilities and Islamic banks. This research adds to the previous research of testing Shariah compliant duration model. Ultimately, it will improve profitability, risk efficiency and Shariah efficiency by improved Shariah compliant measures of risk management. This will ultimately improve market capitalization and returns stability in the long run. A major limitation of the study is very short length of data of Islamic banks. Still another limitation is difference in commencement of business of various Islamic banks that makes length of data unequal. |
| first_indexed | 2024-12-12T16:22:42Z |
| format | Article |
| id | doaj.art-665ba136e0644642addcbaa2a5c0c81c |
| institution | Directory Open Access Journal |
| issn | 2655-9609 2655-9617 |
| language | English |
| last_indexed | 2024-12-12T16:22:42Z |
| publishDate | 2021-09-01 |
| publisher | Muhammadiyah University Press |
| record_format | Article |
| series | Journal of Islamic Economic Laws |
| spelling | doaj.art-665ba136e0644642addcbaa2a5c0c81c2022-12-22T00:18:56ZengMuhammadiyah University PressJournal of Islamic Economic Laws2655-96092655-96172021-09-014213717610.23917/jisel.v4i2.153586657Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in IndonesiaSyed Alamdar Ali Shah0Raditya Sukmana1Bayu Arie Fianto2Universitas AirlanggaUniversitas AirlanggaUniversitas AirlanggaThe purpose of this research is to test Shariah compliant duration models on Islamic banks in Indonesia. This will be achieved using data of earning assets and risk bearing liabilities of Indonesian Islamic banks from 2009 to 2019. Using multiple regressions the results suggest that Shariah compliant duration models are robust to calculate duration of earning assets, return bearing liabilities and Islamic banks. This research adds to the previous research of testing Shariah compliant duration model. Ultimately, it will improve profitability, risk efficiency and Shariah efficiency by improved Shariah compliant measures of risk management. This will ultimately improve market capitalization and returns stability in the long run. A major limitation of the study is very short length of data of Islamic banks. Still another limitation is difference in commencement of business of various Islamic banks that makes length of data unequal.https://journals.ums.ac.id/index.php/jisel/article/view/15358islamic banksearning assetsreturn bearing liabilitiesduration modelmaturity gap risk management model testing |
| spellingShingle | Syed Alamdar Ali Shah Raditya Sukmana Bayu Arie Fianto Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia Journal of Islamic Economic Laws islamic banks earning assets return bearing liabilities duration model maturity gap risk management model testing |
| title | Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia |
| title_full | Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia |
| title_fullStr | Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia |
| title_full_unstemmed | Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia |
| title_short | Shariah Compliant Macaulay’s Duration Model Testing: Evidence from Islamic banks in Indonesia |
| title_sort | shariah compliant macaulay s duration model testing evidence from islamic banks in indonesia |
| topic | islamic banks earning assets return bearing liabilities duration model maturity gap risk management model testing |
| url | https://journals.ums.ac.id/index.php/jisel/article/view/15358 |
| work_keys_str_mv | AT syedalamdaralishah shariahcompliantmacaulaysdurationmodeltestingevidencefromislamicbanksinindonesia AT radityasukmana shariahcompliantmacaulaysdurationmodeltestingevidencefromislamicbanksinindonesia AT bayuariefianto shariahcompliantmacaulaysdurationmodeltestingevidencefromislamicbanksinindonesia |