Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank
The Development of Islamic Banking Industry in Indonesia relatively shows a good tendency. In the market, inefficiency would be the great obstacles in head to head to conventional bank. Despite of efficiency performance in Islamic Bank, Islamic Bank also must have sharia compliance performance. So i...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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IAIN Surakarta
2017-09-01
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| Series: | Shirkah |
| Subjects: | |
| Online Access: | http://shirkah.or.id/new-ojs/index.php/home/article/download/154/27 |
| _version_ | 1797968173839941632 |
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| author | Aam S. Rusydiana Irman Firmansyah |
| author_facet | Aam S. Rusydiana Irman Firmansyah |
| author_sort | Aam S. Rusydiana |
| collection | DOAJ |
| description | The Development of Islamic Banking Industry in Indonesia relatively shows a good tendency. In the market, inefficiency would be the great obstacles in head to head to conventional bank. Despite of efficiency performance in Islamic Bank, Islamic Bank also must have sharia compliance performance. So it needed to identified the efficiency of Islamic Bank in Indonesia and the achievement of Maslahah in term of three aspects, there are education, the creating of justice, and the attainment of welfare. This study would try to measure the efficiency of Islamic Banking Industry with Data Envelopment Analysis (DEA) method and also to evaluate the performance by using Maqasid Sharia Index (MSI). Banxia Frontier Analyst 3.1 used in the data calculation. The calculation of the level of Islamic Bank efficiency in this study are relative, not absolute. Result of this study indicate four main findings, first, Islamic bank involve in quadran 1 is Islamic bank who reached the highest efficiency and the best performance; there are BMI and Bank Panin Sharia. Islamic bank involve in quadran 2 is Islamic bank who reached the highest efficiency and the lowest performance, there are BSM, Maybank Sharia, and Bank Sharia Bukopin. Islamic bank involve in quadran 3 is Islamic bank who reached the lowest efficiency and have a good performance, there are BRI sharia, and BCA sharia. Islamic bank involve in quadran 4 is Islamic bank who reached the lowest efficiency and the lowest performance, there are Bank Mega Sharia, Victoria Sharia, BNI Sharia, and BJB Sharia. |
| first_indexed | 2024-04-11T02:42:46Z |
| format | Article |
| id | doaj.art-ec6c18457ce64572b99a686986496d05 |
| institution | Directory Open Access Journal |
| issn | 2503-4235 2503-4243 |
| language | English |
| last_indexed | 2024-04-11T02:42:46Z |
| publishDate | 2017-09-01 |
| publisher | IAIN Surakarta |
| record_format | Article |
| series | Shirkah |
| spelling | doaj.art-ec6c18457ce64572b99a686986496d052023-01-02T18:50:35ZengIAIN SurakartaShirkah2503-42352503-42432017-09-012213916610.22515/shirkah.v2i2.154Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic BankAam S. Rusydiana0Irman Firmansyah1Sharia Economic Applied Research and Training Siliwangi University Tasikmalaya The Development of Islamic Banking Industry in Indonesia relatively shows a good tendency. In the market, inefficiency would be the great obstacles in head to head to conventional bank. Despite of efficiency performance in Islamic Bank, Islamic Bank also must have sharia compliance performance. So it needed to identified the efficiency of Islamic Bank in Indonesia and the achievement of Maslahah in term of three aspects, there are education, the creating of justice, and the attainment of welfare. This study would try to measure the efficiency of Islamic Banking Industry with Data Envelopment Analysis (DEA) method and also to evaluate the performance by using Maqasid Sharia Index (MSI). Banxia Frontier Analyst 3.1 used in the data calculation. The calculation of the level of Islamic Bank efficiency in this study are relative, not absolute. Result of this study indicate four main findings, first, Islamic bank involve in quadran 1 is Islamic bank who reached the highest efficiency and the best performance; there are BMI and Bank Panin Sharia. Islamic bank involve in quadran 2 is Islamic bank who reached the highest efficiency and the lowest performance, there are BSM, Maybank Sharia, and Bank Sharia Bukopin. Islamic bank involve in quadran 3 is Islamic bank who reached the lowest efficiency and have a good performance, there are BRI sharia, and BCA sharia. Islamic bank involve in quadran 4 is Islamic bank who reached the lowest efficiency and the lowest performance, there are Bank Mega Sharia, Victoria Sharia, BNI Sharia, and BJB Sharia.http://shirkah.or.id/new-ojs/index.php/home/article/download/154/27Maqasid IndexEfficiencyDEAEfficiency-Maqasid Quadrant (EMQ) |
| spellingShingle | Aam S. Rusydiana Irman Firmansyah Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank Shirkah Maqasid Index Efficiency DEA Efficiency-Maqasid Quadrant (EMQ) |
| title | Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank |
| title_full | Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank |
| title_fullStr | Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank |
| title_full_unstemmed | Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank |
| title_short | Efficiency versus Maqashid Sharia Index: an Application on Indonesian Islamic Bank |
| title_sort | efficiency versus maqashid sharia index an application on indonesian islamic bank |
| topic | Maqasid Index Efficiency DEA Efficiency-Maqasid Quadrant (EMQ) |
| url | http://shirkah.or.id/new-ojs/index.php/home/article/download/154/27 |
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