Simple Additive Weighting Method for The Assessment of Sharia Banking Performance

The interest in Sharia-based financial industry products has increased rapidly, as evidenced by a large number of conventional Bank customers migrating to Islamic Commercial Banks (BUS). With this phenomenon, it is necessary to measure BUS financial performance in Indonesia by using the analysis of...

Full description

Bibliographic Details
Main Authors: Ari Suhartanto, Ismail Abdurrozzaq Zulkarnain, Yoga Prisma Yuda
Format: Article
Language:English
Published: Universitas Nusantara PGRI Kediri 2020-02-01
Series:Intensif: Jurnal Ilmiah Penelitian Teknologi dan Penerapan Sistem Informasi
Subjects:
Online Access:https://ojs.unpkediri.ac.id/index.php/intensif/article/view/13799
_version_ 1797943547654045696
author Ari Suhartanto
Ismail Abdurrozzaq Zulkarnain
Yoga Prisma Yuda
author_facet Ari Suhartanto
Ismail Abdurrozzaq Zulkarnain
Yoga Prisma Yuda
author_sort Ari Suhartanto
collection DOAJ
description The interest in Sharia-based financial industry products has increased rapidly, as evidenced by a large number of conventional Bank customers migrating to Islamic Commercial Banks (BUS). With this phenomenon, it is necessary to measure BUS financial performance in Indonesia by using the analysis of the Shariah Maqashid Index (SMI) concept as control and reference for the public to choose and utilize Islamic financial products in Indonesia with an empirical study approach. The object of this study is Islamic banks in Indonesia using purposive sampling techniques with the condition that only the category of Islamic Commercial Banks. The results of this study are indicators of all mashed shariah index variables with measurements using the SAW (Simple Additive Weighting) method as decision support. Eight BUS in Indonesia have different calculation results; each Islamic bank has advantages in SMI elements. That Bank Mualamah Syariah has the highest IK1 (Performance Indicator) for two years in a row. Bank Panin Syariah has the highest IK2 in 5 consecutive years. BCAS and Bank Syariah Bukopin have the highest IK3. In general, all BUS that has implemented maqashid syariah with the category 'good' because they have an average value of 3.00.
first_indexed 2024-04-10T20:24:50Z
format Article
id doaj.art-f779d6d5cf824ff68e2340668b8b623e
institution Directory Open Access Journal
issn 2580-409X
2549-6824
language English
last_indexed 2024-04-10T20:24:50Z
publishDate 2020-02-01
publisher Universitas Nusantara PGRI Kediri
record_format Article
series Intensif: Jurnal Ilmiah Penelitian Teknologi dan Penerapan Sistem Informasi
spelling doaj.art-f779d6d5cf824ff68e2340668b8b623e2023-01-25T13:17:08ZengUniversitas Nusantara PGRI KediriIntensif: Jurnal Ilmiah Penelitian Teknologi dan Penerapan Sistem Informasi2580-409X2549-68242020-02-014110.29407/intensif.v4i1.1379913799Simple Additive Weighting Method for The Assessment of Sharia Banking PerformanceAri Suhartanto0Ismail Abdurrozzaq Zulkarnain1Yoga Prisma Yuda2Universitas Doktor Nugroho MagetanUniversitas Muhammadiyah PonorogoUniversitas PGRI Madiun The interest in Sharia-based financial industry products has increased rapidly, as evidenced by a large number of conventional Bank customers migrating to Islamic Commercial Banks (BUS). With this phenomenon, it is necessary to measure BUS financial performance in Indonesia by using the analysis of the Shariah Maqashid Index (SMI) concept as control and reference for the public to choose and utilize Islamic financial products in Indonesia with an empirical study approach. The object of this study is Islamic banks in Indonesia using purposive sampling techniques with the condition that only the category of Islamic Commercial Banks. The results of this study are indicators of all mashed shariah index variables with measurements using the SAW (Simple Additive Weighting) method as decision support. Eight BUS in Indonesia have different calculation results; each Islamic bank has advantages in SMI elements. That Bank Mualamah Syariah has the highest IK1 (Performance Indicator) for two years in a row. Bank Panin Syariah has the highest IK2 in 5 consecutive years. BCAS and Bank Syariah Bukopin have the highest IK3. In general, all BUS that has implemented maqashid syariah with the category 'good' because they have an average value of 3.00. https://ojs.unpkediri.ac.id/index.php/intensif/article/view/13799Simple Additive Weightingmaqashid sharia indexIslamic Commercial Banks
spellingShingle Ari Suhartanto
Ismail Abdurrozzaq Zulkarnain
Yoga Prisma Yuda
Simple Additive Weighting Method for The Assessment of Sharia Banking Performance
Intensif: Jurnal Ilmiah Penelitian Teknologi dan Penerapan Sistem Informasi
Simple Additive Weighting
maqashid sharia index
Islamic Commercial Banks
title Simple Additive Weighting Method for The Assessment of Sharia Banking Performance
title_full Simple Additive Weighting Method for The Assessment of Sharia Banking Performance
title_fullStr Simple Additive Weighting Method for The Assessment of Sharia Banking Performance
title_full_unstemmed Simple Additive Weighting Method for The Assessment of Sharia Banking Performance
title_short Simple Additive Weighting Method for The Assessment of Sharia Banking Performance
title_sort simple additive weighting method for the assessment of sharia banking performance
topic Simple Additive Weighting
maqashid sharia index
Islamic Commercial Banks
url https://ojs.unpkediri.ac.id/index.php/intensif/article/view/13799
work_keys_str_mv AT arisuhartanto simpleadditiveweightingmethodfortheassessmentofshariabankingperformance
AT ismailabdurrozzaqzulkarnain simpleadditiveweightingmethodfortheassessmentofshariabankingperformance
AT yogaprismayuda simpleadditiveweightingmethodfortheassessmentofshariabankingperformance