Analysis of the Effect of Murabaha Finance in Sharia Banks on the Economic Growth of Agricultural Sector

Khotijah, Siti Afidatul; Iswanaji, Chaidir

doi:10.29313/amwaluna.v4i2.5432

Cited by 4 publications

(4 citation statements)

References 15 publications

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“…Sixth, murabahah is more directed to fulfill consumptive needs, as is credit to conventional banks, so that banks do not need to know and supervise customers profit or loss. 23 Despite its several advantages, murabahah financing in Indonesia also has many weaknesses that need to be resolved. First, the murabahah financing procedure is not considered in accordance with sharia.…”

Section: Comparative Analysis Of Musyarakah Mutanaqisah With Murabahahmentioning

confidence: 99%

Musyarakah Mutanaqisah: Strengthening Islamic Financing in Indonesia and Addressing Murabahah Vulnerabilities

Asyiqin,

Alfurqon

2024

JMH

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The article analyses to examine the practice of murabahah and musyarakah mutanaqisah financing in sharia banking in Indonesia. Islamic finance plays an important role in the Indonesian economy, contributing to financial inclusion and encouraging ethical practices and sharia compliance. Among the various Islamic financing models, musyarakah mutanaqisah has become famous as an alternative to conventional financing methods. The aticle method used is qualitative research with secondary data and doctrinal legal study methods. This article uses sustainable product innovation, modernization, and compliance with sharia principles. The results of the article found that the implementation of murabahah has several weaknesses, including: it is considered not in accordance with sharia, the nature of the contract is fixed, the down payment for sharia housing loans by murabahah is high, it is based on sharia, and cannot be used for refinancing, takeovers, and securing assets. The advantages of musyarakah mutanaqisah can be a solution to murabahah's weaknesses, because musyarakah mutanaqisah is safe according to sharia, suitable for long-term financing, down payments for sharia mortgages by musyarakah mutanaqisah are low, and according to sharia, musyarakah mutanaqisah can also be used for refinancing, takeovers and securing assets.

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Section: Comparative Analysis Of Musyarakah Mutanaqisah With Murabahahmentioning

confidence: 99%

Musyarakah Mutanaqisah: Strengthening Islamic Financing in Indonesia and Addressing Murabahah Vulnerabilities

Asyiqin,

Alfurqon

2024

JMH

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“…Economic growth is closely related to the level of consumption in society (Eldowma, Zhang, and Su 2023;Kahia et al 2022;Khmara and Kronenberg 2023), while murabahah financing is consumptive. If the level of consumption increases, economic growth will also increase, it is what makes economic growth has a positive effect on murabahah margin income (Khotijah 2020). Because the level of consumption increases is the same as the level of consumptive financing increases, it will increase economic growth in Indonesia.…”

Section: The Variables That Effect On Margin Income Of Murabahahmentioning

confidence: 99%

The effect of mergers, BOPO, NPF, growth, and the BI rate on murabahah margin income in Islamic mortgage products at Bank Syariah Indonesia

Lubis,

Pranayutantri,

Muthohharoh

2023

IJIE

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This study aims to analyze the effect of mergers, economic growth, the volume of murabaha financing, Bank Indonesia interest rates, and other variables on murabaha income on sharia pawn products at Bank Syariah Indonesia. The results of this study indicate that murabaha margin income is used as the dependent variable in this study. Dummy variables, five independent variables that have a large influence on the results, two independent variables that do not have a significant impact on the results, and one dummy variable are one of the seven independent variables used in this study. The model used is multiple linear regression with the OLS method. The findings of this study indicate that neither inflation nor fluctuations in the volume of murabaha financing have a significant effect on income from murabahah margins. Income from murabaha margins, however, is very negatively affected by non-performing financing (NPF) variables. Operating expenses as a percentage of operating income (BOPO), BI rate, growth, and aggregation dummy all have a large beneficial impact on earnings on murabahah margins.

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“…As a result of the study, the authors stated that while the GDP, money supply, and Muslim population had a positive effect on the growth of interest-free banking, interest rates, inflation, and savings had a negative effect. Khotijah and Iswanaji (2020) investigated the effect of the murabaha financing product on the economic growth of the agricultural sector. The authors analyzed a total of 36 quarterly data from the period 2010-2018 through the regression method.…”

Section: Literature Reviewmentioning

confidence: 99%

The Relationship Between Murabaha and Macroeconomic Dynamics

Ergün

2022

Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi

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The concept of murabaha is expressed as cost plus profit share sales. Murabaha, known as the participation finance product, has an important place in the interest-free financial system. In this context, it is aimed to reveal the relationship between murabaha and macroeconomic variables on the Turkish sample in this study. In the research model, murabaha is used as a dependent variable, while Gross Domestic Product (GDP), employment rate, and inflation rate have been tested as independent variables within the scope of macroeconomic indicator. A total of 40 quarterly data between 2010-2019 have been analyzed using the Johansen cointegration, VECM Granger and Toda-Yamamoto causality test. According to the findings obtained from the analysis, murabaha and macroeconomic variables are statistically identical in the long term and move in the same direction together. According to the findings obtained from the Toda-Yamamoto analysis, a bidirectional causality has been found between murabaha and the GDP and employment rate, which is used as a macroeconomic indicator, while a one-way causality relationship has been found between murabaha and the inflation rate. The results indicate the existence of a long-run causality relationship between murabaha financing and various macroeconomic dynamics.

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Analysis of the Effect of Murabaha Finance in Sharia Banks on the Economic Growth of Agricultural Sector

Cited by 4 publications

References 15 publications

Musyarakah Mutanaqisah: Strengthening Islamic Financing in Indonesia and Addressing Murabahah Vulnerabilities

Musyarakah Mutanaqisah: Strengthening Islamic Financing in Indonesia and Addressing Murabahah Vulnerabilities

The effect of mergers, BOPO, NPF, growth, and the BI rate on murabahah margin income in Islamic mortgage products at Bank Syariah Indonesia

The Relationship Between Murabaha and Macroeconomic Dynamics

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