Determinant of Market Share in the Indonesian Islamic Banking Industry

Hanafi, Syafiq Mahmadah

doi:10.18326/muqtasid.v12i1.1-16

Cited by 7 publications

(11 citation statements)

References 24 publications

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“…Products that are designed must be innovative products and not just imitate the products that already exist in conventional banks. In addition, Islamic banks need to continue increasing their promotional costs to accelerate market share (Budhijana, 2019;Hanafi, 2021).…”

Section: Resultsmentioning

confidence: 99%

“…Nonetheless, other factors, such as default rates, operational efficiency rates, profit sharing yields, and conventional interest rates, can also influence market share (Al Arif & Rahmawati, 2018). Additionally, the number of offices, deposit funds, and promotional costs can impact market share in the Indonesian Islamic banking industry, as reported by Hanafi (2021).…”

Section: Literature Reviewmentioning

confidence: 99%

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The impact of conversion on market share in Indonesian Islamic banks

Arif

Ihsan

Zulpawati³

et al. 2023

Banks and Bank Systems

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The process of converting a conventional bank into a fully-fledged Islamic bank is becoming a popular alternative solution, alongside spin-off, for smaller banks. Two Indonesian banks, Bank of Aceh Sharia and Bank of NTB Sharia, completed this conversion in 2016 and 2018, respectively. This study uses a mixed-methods approach to examine the impact of this conversion on market share, using both quantitative regression with a dummy variable and qualitative analysis through focus group discussions with executive management and in-depth interviews with the Sharia supervisory boards of the two converted banks. The study found that the conversion positively impacted market share, with the default rate and level of capital also playing a role. Prior to conversion, the Indonesian sharia banking industry had less than a 5% market share, but after the conversion, it reached 6.7%. The two converted banks were able to increase their market share to 7% and 2%, respectively. These results suggest that converting into a full-fledged Islamic bank is a viable alternative solution for smaller conventional banks, rather than opting for spin-offs or mergers.

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Section: Resultsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

The impact of conversion on market share in Indonesian Islamic banks

Arif

Ihsan

Zulpawati³

et al. 2023

Banks and Bank Systems

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“…The location of this research is in the Millennial Generation in Bengkalis In collecting data there are several data collection techniques that the author uses to support this research, namely (Hanafi, 2021): a) Observation: making observations by going directly to the right research. Statements made by researchers include violations of Islamic Shari'a concerning maisir, overcoming maisir, and all matters relating to the supervision of the implementation of Islamic Shari'a in the Bengkalis Regency.…”

Section: Methodsmentioning

confidence: 99%

Maisir Chip Higgs Domino Transactions on Online on the Millenial Generation in Bengkalis Regency, Riau Indonesia

Hasan,

Rezfani,

Syukri

2023

JIEP

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The online Higgs domino maisir chip transaction among millennials in the Bengkalisregion is the focus of this study. The purpose of this study was to determine how the millennial generation views online Higgs domino chip transactions and how they affect them. This kind of exploration is subjective examination. This kind of research uses descriptions and field conditions to develop concepts, understandings, and theories. Descriptive analysis is the method used in this study, which aims to accurately describe a person, disease, symptom, or group. The Interview is the method that is used to collect data. It is a form of verbal communication that aims to gather information. Written documents like diaries, magazines, documents, meeting minutes, and others are used to gather information on Islamic law and opinions about the Maisir Higgs domino chip transaction in the Bengkalis area for the millennial generation. The law of online Higgs domino maisir chip transactions, which includes the prohibitions of gharar, usury, and maisir from an Islamic economic perspective, are the findings of this study.

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“…The Islamic financial industry in Indonesia is developing from year to year both domestically and internationally (Refinitiv, 2020). This is evidenced by the increasingly widespread application of Islamic finance not only in the Islamic financial sector but also in the micro and social finance sector (Hanafi, 2021). As a sub-sector with the contribution of the largest Islamic financial assets, the Islamic capital market continues to grow and develop its products (OJK, 2021).…”

Section: Introductionmentioning

confidence: 99%

The Influence and Contribution of Macroeconomics to The Indonesian Sharia Stock Index for The Period 2011-2021

Mulyadi

Wibowo²

2023

JISEL

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This study aims to determine the impact of macroeconomic variables on the Indonesian Sharia Stock Index (ISSI). The macroeconomic variables used are Industrial Production Index (IPI), Indonesian Sharia Bank Certificate (SBIS), Money Supply (JUB), exchange rates, Interest Rates (TSB), and inflation. The observed data is in the form of monthly data for the period 2011 to 2021. The approach used is to test the impact and contribution of VECM. The test results with the VECM model found that in the short term all variables had no effect on the Indonesian Sharia Stock Index, whereas, in the long term, IPI, SBIS, and inflation had a negative effect, and JUB, exchange rate, and TSB had a positive effect, based on the IRF test showed that ISSI responding to fluctuations from all positive macroeconomic variables except inflation which responded negatively and the contribution of each macroeconomic variable was IPI (0.64), SBIS (2.01), JUB (0.45), the exchange rate (0.64), TSB (0.01), and inflation (1.16) against the Indonesian Sharia Stock Index.

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Determinant of Market Share in the Indonesian Islamic Banking Industry

Cited by 7 publications

References 24 publications

The impact of conversion on market share in Indonesian Islamic banks

The impact of conversion on market share in Indonesian Islamic banks

Maisir Chip Higgs Domino Transactions on Online on the Millenial Generation in Bengkalis Regency, Riau Indonesia

The Influence and Contribution of Macroeconomics to The Indonesian Sharia Stock Index for The Period 2011-2021

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