Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan
Following the 2008 financial crisis, the global economy will continue to experience shock in the years to come. Therefore, it is vital to conduct research that can anticipate the impact of fluctuations in financial stability. This research examines the stability of the Islamic banking system in Indo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
PPPM Sekolah Tinggi Ilmu Ekonomi (STIE) Syariah Bengkalis
2021-06-01
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| Series: | Iqtishaduna: Jurnal Ilmiah Ekonomi Kita |
| Subjects: | |
| Online Access: | https://ejournal.stiesyariahbengkalis.ac.id/index.php/iqtishaduna/article/view/326 |
| _version_ | 1819001189370429440 |
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| author | Luqmanulhakim Luqmanulhakim Ronald Rulindo Saiful Anwar |
| author_facet | Luqmanulhakim Luqmanulhakim Ronald Rulindo Saiful Anwar |
| author_sort | Luqmanulhakim Luqmanulhakim |
| collection | DOAJ |
| description | Following the 2008 financial crisis, the global economy will continue to experience shock in the years to come. Therefore, it is vital to conduct research that can anticipate the impact of fluctuations in financial stability. This research examines the stability of the Islamic banking system in Indonesia, Malaysia, and Pakistan, using Z-Score as a proxy variable for stability measurement and Markov Switching VAR for the method. The objectives are to identify which Islamic banking has better resilience in facing crisis and identify the economic variables that have a significant effect on the stability of Islamic banking. The results showed that the stability of Indonesian Islamic banking was more stable compared to Malaysia and Pakistan. The crisis periods determined from the method show that in 2019 all countries studied entered the beginning of the crisis period, which means the world conditions tend to re-enter the crisis, repeating the 2008 financial crisis. |
| first_indexed | 2024-12-20T22:45:15Z |
| format | Article |
| id | doaj.art-c87d2b2609694e7da3f756c56db7d370 |
| institution | Directory Open Access Journal |
| issn | 2303-3568 2684-8228 |
| language | English |
| last_indexed | 2024-12-20T22:45:15Z |
| publishDate | 2021-06-01 |
| publisher | PPPM Sekolah Tinggi Ilmu Ekonomi (STIE) Syariah Bengkalis |
| record_format | Article |
| series | Iqtishaduna: Jurnal Ilmiah Ekonomi Kita |
| spelling | doaj.art-c87d2b2609694e7da3f756c56db7d3702022-12-21T19:24:24ZengPPPM Sekolah Tinggi Ilmu Ekonomi (STIE) Syariah BengkalisIqtishaduna: Jurnal Ilmiah Ekonomi Kita2303-35682684-82282021-06-0110112514310.46367/iqtishaduna.v10i1.326326Stability Analysis Of Islamic Banking: Indonesia, Malaysia And PakistanLuqmanulhakim Luqmanulhakim0Ronald Rulindo1Saiful Anwar2Bank Syariah Indonesia (BSI)Lembaga Penjamin Simpanan (LPS) IndonesiaInstitut Teknologi dan Bisnis Ahmad Dahlan Jakarta, IndonesiaFollowing the 2008 financial crisis, the global economy will continue to experience shock in the years to come. Therefore, it is vital to conduct research that can anticipate the impact of fluctuations in financial stability. This research examines the stability of the Islamic banking system in Indonesia, Malaysia, and Pakistan, using Z-Score as a proxy variable for stability measurement and Markov Switching VAR for the method. The objectives are to identify which Islamic banking has better resilience in facing crisis and identify the economic variables that have a significant effect on the stability of Islamic banking. The results showed that the stability of Indonesian Islamic banking was more stable compared to Malaysia and Pakistan. The crisis periods determined from the method show that in 2019 all countries studied entered the beginning of the crisis period, which means the world conditions tend to re-enter the crisis, repeating the 2008 financial crisis.https://ejournal.stiesyariahbengkalis.ac.id/index.php/iqtishaduna/article/view/326banking stabilityz-scoremarkov switchingms-var |
| spellingShingle | Luqmanulhakim Luqmanulhakim Ronald Rulindo Saiful Anwar Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan Iqtishaduna: Jurnal Ilmiah Ekonomi Kita banking stability z-score markov switching ms-var |
| title | Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan |
| title_full | Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan |
| title_fullStr | Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan |
| title_full_unstemmed | Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan |
| title_short | Stability Analysis Of Islamic Banking: Indonesia, Malaysia And Pakistan |
| title_sort | stability analysis of islamic banking indonesia malaysia and pakistan |
| topic | banking stability z-score markov switching ms-var |
| url | https://ejournal.stiesyariahbengkalis.ac.id/index.php/iqtishaduna/article/view/326 |
| work_keys_str_mv | AT luqmanulhakimluqmanulhakim stabilityanalysisofislamicbankingindonesiamalaysiaandpakistan AT ronaldrulindo stabilityanalysisofislamicbankingindonesiamalaysiaandpakistan AT saifulanwar stabilityanalysisofislamicbankingindonesiamalaysiaandpakistan |