The Effectiveness of Spin off As a Breakthrough in Promoting Islamic Banking in Indonesia

Yuspin, Wardah; Fauzie, Ata

doi:10.32861/jssr.spi6.213.216

Cited by 3 publications

(4 citation statements)

References 0 publications

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“…In addition, the concept of SBC launched by the spin-off policy is indeed an ideal form of an Islamic bank (Yuspin & Nurwanti, 2020). However, even so, it turns out that the policy implementation is still ineffective (Yuspin & Fauzie, 2018).…”

Section: Islamic Bank Spin-off Study On Scopus Indexed Journalsmentioning

confidence: 99%

“…In addition, a spin-off is deemed capable of increasing sharia compliance from Islamic banks in Indonesia (Rongiyati, 2016;Umam, 2010). However, implementing the Islamic bank spin-off policy is still ineffective (Yuspin & Fauzie, 2018). One of the highlights is the provision of spin-off regulations that require a minimum of 50% capital or assets from the parent bank, which is relatively difficult to fulfill (Rongiyati, 2016).…”

Section: Spin-off Policy In Islamic Banksmentioning

confidence: 99%

“…An Islamic bank spin-off can be interpreted as an attempt to separate the SBUs from conventional banks in Indonesia so they can stand independently and make a new Islamic commercial bank. From this, it is clear that the Islamic bank spin-off concept contrasts the bank merger concept, combining two or more banks to increase capital and advance business (Yuspin & Fauzie, 2018). Therefore, it is not wrong if the Islamic bank spin-off is said to be something unique and only happens in Indonesia (Al .…”

Section: Introductionmentioning

confidence: 99%

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Islamic bank spin-off: a systematic literature review

Yusuf

Abduh

Sofyani

2023

JAI

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Research aims: This study aims to explore the extent of studies related to Islamic bank spin-offs in reputable journals indexed by Sinta and Scopus to map important findings regarding Islamic bank spin-offs.Design/Methodology/Approach: This study employed a systematic literature review method consisting of three stages: collection, assessment, and presentation. The collection stage was conducted using the Publish or Perish search engine with the Google Scholar and Scopus databases. The assessment stage was performed using the websites https://sinta.kemdikbud.go.id and https://www.scimagojr.com/. The presentation stage was carried out to find three objectives: research background, methods, and findings related to the Islamic bank spin-off.Research findings: Since 2010, at least 24 papers indexed by Sinta and ten papers indexed by Scopus have discussed the issue of the Islamic bank spin-off. These studies were oriented toward two disciplines: law and economics. The most widely used method was quantitative. Broadly speaking, the findings from the spin-off study of Islamic banks can be generalized into four discourses: policy, the market for Islamic banks, performance/efficiency of Islamic banks, and several other matters. Lastly, from the four discourses above, the authors suggest eight future studies that are still interesting to study.Theoretical contribution/Originality: By mapping important findings related to the Islamic bank spin-off along with eight suggested future studies, this research’s results are expected to be a reference and inspiration for scholars in conducting further research related to the Islamic bank spin-off.

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Section: Islamic Bank Spin-off Study On Scopus Indexed Journalsmentioning

confidence: 99%

Section: Spin-off Policy In Islamic Banksmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Islamic bank spin-off: a systematic literature review

Yusuf

Abduh

Sofyani

2023

JAI

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“…Currently, there is no international study on the topic of spin-off in the sharia insurance sector. Previous research on spin-off cases in the Islamic banking sector took the topic of financial performance, and the results showed that the financial performance of industries that has implemented the spin-off was found lower than that of Islamic banks that, in fact, have not implemented it (Al Arif, 2018; Kuncoro, 2018; Nurfadilah and Samidi, 2019; Nurkarima et al , 2021; Trinugroho et al , 2021; Al Arif et al , 2017; Yuspin and Fauzie, 2018).…”

mentioning

confidence: 96%

The case study of the sharia insurance industry: how far is the spin-off policy being effectively implemented in Indonesia?

Arianty,

Utami,

Yustiani

et al. 2023

JIABR

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Purpose This study aims to analyze the effectiveness of the spin-off policy which includes clarity of objectives and criteria, implementation and monitoring and evaluation functions. Design/methodology/approach The method used is a qualitative method with a theme approach and the analytical hierarchy process (AHP). Data were obtained from the results of focus group discussions and AHP questionnaires with informants from Indonesian Sharia Insurance Association (AASI), the sharia life and general insurance industry, the Sharia Supervisory Board, the government and regulators. Findings The results of the research are the effectiveness of the clarity of goals and criteria has not been realized optimally, the effectiveness of increasing profitability has not been realized, and the effectiveness of the monitoring and evaluation functions by the government and regulators has been realized. The supporting factor that has the highest level of importance is the role of the government and regulator. Research limitations/implications The limitation of this research is that it has not used a wider range of profitability test tools and projections. The theoretical implication of this research is as a reference for robust research in identifying spin-off success factors because this study uses a mixed method where qualitative methods are used in the study using data from theory and expert informants from three parties: regulatory parties, associations (AASI) and the insurance company (life insurance and general insurance). These results form the basis for compiling a questionnaire with a quantitative method so that the data is become relevant based on theory (design) and practical side. Practical implications Practical implication of the study is that the Islamic insurance industry has to prepare to achieve condition of Tabarru funds and the investment reaches 50% of the main insurance fund. AASI, as the sharia insurance industry organization, continues innovating the most suitable form of spin-off that can be achieved by the Sharia business unit and also continues to coordinate with regulators to discuss existing problems. The government and regulators also support the implementation of the spin-off by providing convenience in various aspects such as spin-off period relaxation and government incentive and relaxation to enhance sharia insurance industry. Originality/value The contribution of the results of this research for the government and regulatory agencies is as input in setting policies and regulations related to spin-offs, for the industry is expected to be more prepared in terms of resources, commitment and strategy.

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Islamic banking spin-offs decision: A bibliometric review

Pambuko

Sriyana

2023

Cogent Business & Management

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The Effectiveness of Spin off As a Breakthrough in Promoting Islamic Banking in Indonesia

Cited by 3 publications

References 0 publications

Islamic bank spin-off: a systematic literature review

Islamic bank spin-off: a systematic literature review

The case study of the sharia insurance industry: how far is the spin-off policy being effectively implemented in Indonesia?

Islamic banking spin-offs decision: A bibliometric review

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