This research aims at detecting early indicators that cause conventional
banking and Islamic banking crises, identifying the longest crisis period for both types
of banks, and comparing the stability between the two kinds of banks. The method
used is the Markov Switching Vector Autoregressive (MS-VAR) approach. This study
uses secondary data obtained from official sources and in monthly form from January
2004 to March 2017. The results show that Islamic banking is more stable against
internal and external shocks than conventional banking. Z-score for Islamic banking is
higher (11,933) than the Z-score for conventional banking (11,679). The longest crisis
period for conventional banking was around April 2013 – March 2017 while for
Islamic banking was around January 2008 – October 2008.
This paper investigates the determining factors of non-performing financing in Islamic microfinance institutions (MFIs) in Indonesia. Using logistic regression, the study sample comprises data from 140 clients; 90 with a good financing status and 50 with a poor financing status. The results show that age, gender, occupation, and type of contract influence the non-performance of clients of Islamic MFIs in Indonesia. Probit regression confirmed the results.
The capital market presence is such an important concern for many country because it relate to its function as economic booster through investation. This study aims to analyze macro economic factors that can affect the movement of stock price at Indonesia Sharia Stock Index in Indonesia Stock Exchange as the inflation factor, SBI interest rates and exchange rates. The method used in this research is quantitative approaches in which data is obtained from Indonesia Stock Exchange and Bank of Indonesia. The data used is the time series data starting from January 2012 to April 2015. The statistical tool used is multiple linear regression. Result showed that partially inflation is not significant and have a negative relation toward ISSI’s stock price, SBI interest rate is not significant and have a positive relation toward ISSI’s stock price, exchange rate significantly influence the stock price at Indonesia Sharia Stock Index (ISSI) and have a negative effect. Simultaneously, both variable inflation rate, SBIinterest rate and the exchange rate significantly influence the stock price’s movement at Indonesia Sharia Stock Index (ISSI).
This research aims to determine the influence of macroeconomic variables affect Net Asset Value of Islamic Mutual Fund partially and simultaneously in Indonesia. The research also uses multiple regression analysis technique. The sample used for this research is obtained from monthly statistic data of Otoritas Jasa Keuangan, statistic of Bank Indonesia, and statistic of Ministry of Energy and Mineral Resources which had been published online from January 2009 to November 2015. The result of this research shows that partially, the inflation affects NAV of Islamic Mutual Fund insignificantly, interest rate affects NAV of Islamic Mutual Fund insignificantly, currency exchange rate affects NAV of Islamic Mutual Fund insignificantly, money supply affects NAV of Islamic Mutual Fund significantly, and Indonesia Crude Price affects NAV of Islamic Mutual Fund significantly. Simultaneously, all exogenous variables affect NAV of Islamic Mutual Fund in Indonesia.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.