CHAPTER V CONCLUTION AND RECOMMENDATION. Based on the result of this study, it can be concluded that:

Size: px
Start display at page:

Download "CHAPTER V CONCLUTION AND RECOMMENDATION. Based on the result of this study, it can be concluded that:"

Transcription

1 CHAPTER V CONCLUTION AND RECOMMENDATION 5.1 Conclution Based on the result of this study, it can be concluded that: 1. The conclusions for the first problem formulation Does Religiosity influence Consumer Loyalty? Based on the results, it is known that t-value of Religiosity is Meanwhile, t-table with significant level α = 5% is 1,971. So it can be concluded that Religiosity has significant influence on Consumer Loyalty. This is because t-stat > t-table, which is > This means that the more religious the Muslim consumers, the more they are loyal to the Bank Syariah Mandiri Bandung. The influence of Religiosity on Consumer Loyalty is 59.6%. This shows that the influence of Religiosity on Consumer Loyalty is worth to note if Bank Syariah Mandiri Bandung want to increase Consumer Loyalty. Religiosity proved to have a greater impact on Consumer Loyalty compared to Corporate Reputation. 2. The conclusions for the second problem formulation Does Corporate Reputation influence Consumer Loyalty? Based on the results, it is known that t-value of Corporate Reputation is Meanwhile, t-table with significant level α = 5% is 1,971. So it can be concluded 117

2 that Corporate Reputation has significant influence on Consumer Loyalty. This is because t-stat > t-table, which is > 1,971. It means that the better the reputation of Bank Syariah Mandiri, the more loyal consumer to Bank Syariah Mandiri Bandung. The influence of Religiosity on Consumer Loyalty is 21.9%. This shows that the influence of Corporate Reputation on Consumer Loyalty should be considered if Bank Syariah Mandiri Bandung want to increase Consumer Loyalty. 3. The conclusions for the third problem formulation Do Religiosity and Corporate Reputation influence Consumer Loyalty? Based on research results, it is known that the F-value of Religiosity and Corporate Reputation is equal to Meanwhile, F-table with a significant level of 95% ( = 0.05) is So it can be concluded that Religiosity and Corporate Reputation significantly influence Consumer Loyalty. This is because F count > Ftable, that is > 3,038. It means that if consumer's religiosity was high and the reputation of Bank Syariah Mandiri Bandung was, the more loyal customers will became to Bank Syariah Mandiri Bandung. The simultaneous influence of Religiosity and Corporate Reputation have on Consumer Loyalty is 81.5%. This shows that the influence of Religiosity and Corporate Reputation on Consumer Loyalty is very big so it is worth to note if bank Syariah Mandiri Bandung want to increase consumer loyalty. 118

3 5.2 Suggestion Based on the conclusions, below are some suggestions. All samples used to investigate this research s phenomenon are all comes from consumers in Bandung, with the consideration of Bandung is one of the cities that have the largest Islamic Bank assets According to Financial Services Authority, Islamic Bank has been spread in 32 province in Indonesia. Therefore, to produce a more comprehensive and representative analysis related to the phenomenon of this research, further research should also be done in other provinces and cities in Indonesia Practical Suggestion Practical Suggestion on Religiosity Religiosity has a greater influence on Consumer Loyalty than Corporate Reputation. Therefore the religiosity of consumer will determent whether he or she will loyal to Bank Syariah Mandiri. Furthermore, every steps of Bank Syariah Mandiri must not be against the value and the teachings of Islam. Bank Syariah Mandiri should take advice from its Sharia Advisory Board in every product, services, and programs that Bank Syariah Mandiri has so it is accordance with Islam. 119

4 Practical Suggestion on Corporate Reputation Based on the results, consumers have positive assessment on Bank Syariah Mandiri product and services. They consider the product and service to be innovative. Although consumers have positive assessmet on Bank Syariah Mandiri product, based on research, Bank Syariah Mandiri still have to more socialize its social responsibility program to the consumers. The social responsibility dimenssion has the lowest standardize loading factor value. This means Bank Syariah Mandiri social responsibility programs has not fully succeeded in shaping Bank Syariah Mandiri reputation. Indicator regarding Bank Syariah Mandiri s environment responsibility has the lowest standardize loading factor value compare to other indicators of social reposnsibility dimenssion. Therefore Bank Syariah Mandiri should start to make program that could shape Bank Syariah Mandiri s reputation as a company that cares for environment Practical Suggestion on Consumer Loyalty The result show consumers loyalty towards Bank Syariah Mandiri is based on their positve feeling towards its product. This feeling comes from consumers satisfaction in consuming the product. Their positive feeling are in form of sense of like towards Bank Syariah Mandiri s product, which is BSM saving. Even though consumers like using BSM saving, they feel the benefits (in form of profit-sharing rate) they get from BSM saving is still need to be improve. 120

5 Bank Syariah Mandiri need to consider raising its profit-sharing rate for the sake of consumer loyalty. The resulf of this study show that the majority of Bank Syariah Mandiri consumen in Bandung comes from lower middle class income. Therefore the raise of BSM saving profit-sharing rate could trigger them to be more loyal to Bank Syariah Mandiri 121

The Influence of Islamic Social Reporting to the Return on Asset (Case study of Islamic Banks in Indonesia)

The Influence of Islamic Social Reporting to the Return on Asset (Case study of Islamic Banks in Indonesia) International Journal of Management and International Business Studies. ISSN 2277-3177 Volume 7, Number 1 (2017), pp. 1-9 Research India Publications http://www.ripublication.com The Influence of Islamic

More information

The Comparative Performance of Mandiri Syariah Bank and Maybank Berhad with the Concept of Maqashid Syariat

The Comparative Performance of Mandiri Syariah Bank and Maybank Berhad with the Concept of Maqashid Syariat International Conference on Islamic Finance, Economics and Business Volume 2018 Conference Paper The Comparative Performance of Mandiri Syariah Bank and Maybank Berhad with the Concept of Maqashid Syariat

More information

Understanding Characteristics of Depositors to Develop the Indonesian Islamic Banks

Understanding Characteristics of Depositors to Develop the Indonesian Islamic Banks Understanding Characteristics of Depositors to Develop the Indonesian Islamic Banks Rifki Ismal, PhD 1 Abstract This paper studies characteristics of banking depositors referring to some survey literatures

More information

THE PROFIT EFFICIENCY: EVIDENCE FROM ISLAMIC BANKS IN INDONESIA

THE PROFIT EFFICIENCY: EVIDENCE FROM ISLAMIC BANKS IN INDONESIA THE PROFIT EFFICIENCY: EVIDENCE FROM ISLAMIC BANKS IN INDONESIA Muryani Arsal, Nik Intan Norhan bt Abdul Hamid Faculty of Management, ABSTRACT This study investigates the profit efficiency of Indonesia

More information

GLOBAL SURVEY ON THE AWARENESS AND IMPORTANCE OF ISLAMIC FINANCIAL POLICY

GLOBAL SURVEY ON THE AWARENESS AND IMPORTANCE OF ISLAMIC FINANCIAL POLICY 05 GLOBAL SURVEY ON THE AWARENESS AND IMPORTANCE OF ISLAMIC FINANCIAL POLICY The presence of an appropriate regulatory framework supported by financial policy is vital for an enabling environment that

More information

Available at Efficiency and Performance of Islamic Bank: Quadrant Analysis Approach

Available at   Efficiency and Performance of Islamic Bank: Quadrant Analysis Approach IJIBEC International Journal of Islamic Business and Economics International Journal of Islamic Business and Economics Available at http://e-journal.iainpekalongan.ac.id/index.php/ijibec/ ISSN: 2599-3216

More information

ARAB BAROMETER SURVEY PROJECT ALGERIA REPORT

ARAB BAROMETER SURVEY PROJECT ALGERIA REPORT ARAB BAROMETER SURVEY PROJECT ALGERIA REPORT (1) Views Toward Democracy Algerians differed greatly in their views of the most basic characteristic of democracy. Approximately half of the respondents stated

More information

Towards a Sustainable Islamic Microfinance Model in Pakistan

Towards a Sustainable Islamic Microfinance Model in Pakistan Journal of Islamic Banking and Finance Julyl Sept 2016 1 Towards a Sustainable Islamic Microfinance Model in Pakistan Salman Ahmed Shaikh According to SDPI estimates, poverty rate in Pakistan has increased

More information

SHARIAH NON-COMPLIANT RISK MANAGEMENT FOR ISLAMIC FINANCIAL INSTITUTIONS

SHARIAH NON-COMPLIANT RISK MANAGEMENT FOR ISLAMIC FINANCIAL INSTITUTIONS SHARIAH NON-COMPLIANT RISK MANAGEMENT FOR ISLAMIC FINANCIAL INSTITUTIONS Introduction Ensuring Shari ah compliant aspect is imperative for Islamic financial institutions (IFIs) to maintain the confidence

More information

Waiting List Patterns in the Implementation of Hajj: The Fulfillment of the Rights of the Congregation (Study of Central Java Province, Indonesia)

Waiting List Patterns in the Implementation of Hajj: The Fulfillment of the Rights of the Congregation (Study of Central Java Province, Indonesia) Journal of Indonesian Legal Studies 37 Vol 2 Issue 01, 2017 Volume 2 Issue 01 MAY 2017 JILS 2 (1) 2017, pp. 37-42 ISSN 2548-1584 E-ISSN 2548-1592 Waiting List Patterns in the Implementation of Hajj: The

More information

International Journal of Administration and Governance. The Effect of Customer Acceptance on Islamic Banking Products and Services

International Journal of Administration and Governance. The Effect of Customer Acceptance on Islamic Banking Products and Services IWNEST PUBLISHER International Journal of Administration and Governance (ISSN 2077-4486) Journal home page: http://www.iwnest.com/aace/ The Effect of Customer Acceptance on Islamic Banking Products and

More information

Factors Influencing Russians to Patronize Islamic Financial Products and Services: Case Study in Dagestan and Tatarstan

Factors Influencing Russians to Patronize Islamic Financial Products and Services: Case Study in Dagestan and Tatarstan Factors Influencing Russians to Patronize Islamic Financial Products and Services: Case Study in Dagestan and Tatarstan Muhamad Abduh 1 Abstract Russia is the largest country by area in Europe with many

More information

Critical Issues On Islamic Banking And Financial Markets: Islamic Economics, Banking And Finance, Investments, Takaful And Financial Planning By

Critical Issues On Islamic Banking And Financial Markets: Islamic Economics, Banking And Finance, Investments, Takaful And Financial Planning By Critical Issues On Islamic Banking And Financial Markets: Islamic Economics, Banking And Finance, Investments, Takaful And Financial Planning By Saiful Rosly Islamic Banking - principles and practices

More information

Perception of Individual Consumers toward Islamic Banking Products and Services in Pakistan

Perception of Individual Consumers toward Islamic Banking Products and Services in Pakistan Vol.5 14 Perception of Individual Consumers toward Islamic Banking Products and Services in Pakistan Amer Sohail Assistant Professor Department of Management Sciences, University of Sargodha,Gujranwala

More information

Laili Rahmi Ar-Raniry State Islamic University, Banda Aceh, Indonesia

Laili Rahmi Ar-Raniry State Islamic University, Banda Aceh, Indonesia P-ISSN: 2355-7885 E-ISSN: 2355-813X Vol. 4, No. 1, Juni 2017 Page: 149-164 FINANCIAL PERFORMANCE OF ISLAMIC BANKING AFTER THE GLOBAL FINANCIAL CRISIS: A COMPARISON BETWEEN ISLAMIC COMMERCIAL BANKS AND

More information

Islamic banks concern with the poor and micro businesses: an evaluation on their Al Qard Hasan (beautiful loan)

Islamic banks concern with the poor and micro businesses: an evaluation on their Al Qard Hasan (beautiful loan) Islamic banks concern with the poor and micro businesses: an evaluation on their Al (beautiful loan) E. A. Firmansyah 1, * 1 Department of Management and Business, Faculty of Economics and Business, Universitas

More information

Examining Theories of Growth & Development & Policy Response Based On Them From Islamic Perspective

Examining Theories of Growth & Development & Policy Response Based On Them From Islamic Perspective Examining Theories of Growth & Development & Policy Response Based On Them From Islamic Perspective S a lma n Ahmed S h a i kh Poverty and inequality around the world has been rising over the last three

More information

Office Channeling and Its Impact on the Growth of Indonesian Islamic Banking Industry

Office Channeling and Its Impact on the Growth of Indonesian Islamic Banking Industry Journal of Modern Accounting and Auditing, ISSN 1548-6583 February 2014, Vol. 10, No. 2, 210-217 D DAVID PUBLISHING Office Channeling and Its Impact on the Growth of Indonesian Islamic Banking Industry

More information

ISLAMIC BANKING INDEX BY EMIRATES ISLAMIC. Page 1

ISLAMIC BANKING INDEX BY EMIRATES ISLAMIC. Page 1 ISLAMIC BANKING INDEX BY EMIRATES ISLAMIC 2017 Page 1 Introduction Islamic banking continues to grow globally, with the UAE at the forefront of a dynamic effort to broaden its appeal. Despite a challenging

More information

Phenomenon of Injustice in Profit Sharing Ratio of Indonesia Islamic Banks Mudarabah Contract

Phenomenon of Injustice in Profit Sharing Ratio of Indonesia Islamic Banks Mudarabah Contract 1st International Conference on Intellectuals' Global Responsibility (ICIGR 2017) Phenomenon of Injustice in Profit Sharing Ratio of Indonesia Islamic Banks Mudarabah Contract Kumara Adji Kusuma Universitas

More information

Recent Developments front. Asia and the Middle East IMAM WAHYUDI FENNY ROSMANITA NIKEN IWANI SURYA PUTRI

Recent Developments front. Asia and the Middle East IMAM WAHYUDI FENNY ROSMANITA NIKEN IWANI SURYA PUTRI Recent Developments front Asia and the Middle East IMAM WAHYUDI FENNY ROSMANITA MUHAMMAD BUDI PRASETYO NIKEN IWANI SURYA PUTRI WILEY Contents Preface Acknowledgments flbout the Authors List of Acronyms

More information

Anti-Muslim Sentiments Fairly Commonplace

Anti-Muslim Sentiments Fairly Commonplace Page 1 of 7 > Corporate Home > Global Offices > Careers SOURCE: Gallup Poll News Service CONTACT INFORMATION: Media Relations 1-202-715-3030 Subscriber Relations 1-888-274-5447 Gallup World Headquarters

More information

Antecedents of Halal food marketing in a Muslim country: Consumer insights from Pakistan

Antecedents of Halal food marketing in a Muslim country: Consumer insights from Pakistan Antecedents of Halal food marketing in a Muslim country: Consumer insights from Pakistan Mrs. Faryal Salman Doctoral Candidate Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST)

More information

Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan

Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan Journal of Islamic Banking and Finance July Sept 2017 1 Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan Salman Ahmed Shaikh This paper is a humble attempt to discuss the

More information

Islamic Finance in ending poverty & fighting inequalities: Indonesia experiences. IDB Global Forum on Islamic Finance Jakarta, 16 th May 2016

Islamic Finance in ending poverty & fighting inequalities: Indonesia experiences. IDB Global Forum on Islamic Finance Jakarta, 16 th May 2016 1 Islamic Finance in ending poverty & fighting inequalities: Indonesia experiences IDB Global Forum on Islamic Finance Jakarta, 16 th May 2016 Foreword 2 This presentation will focus on the segment of

More information

2015 Faith Communities Today National Survey of Congregations: Preliminary Findings

2015 Faith Communities Today National Survey of Congregations: Preliminary Findings 2015 Faith Communities Today National Survey of Congregations: Preliminary Findings United Church of Christ Center for Analytics, Research and Data (CARD) Overview What is FACT? Who participates in FACT?

More information

Usage of Islamic Banking and Financial Services by United States Muslims

Usage of Islamic Banking and Financial Services by United States Muslims The Third Annual Conference of Islamic Economics & Islamic Finance Venue: Chestnut Conference Center, Toronto University, Canada Usage of Islamic Banking and Financial Services by United States Muslims

More information

Religious Values Held by the United Arab Emirates Nationals

Religious Values Held by the United Arab Emirates Nationals Religious Values Held by the United Arab Emirates Nationals Opinion Poll Unit Emirates Policy Center May 31, 2016 Emirates Policy Center (EPC) conducted an opinion poll about values in the United Arab

More information

Understanding Muslim Customer Satisfaction with Halal Destinations: The Effects of Traditional and Islamic Values

Understanding Muslim Customer Satisfaction with Halal Destinations: The Effects of Traditional and Islamic Values BE-ci 2016 : 3 rd International Conference on Business and Economics, 21-23 September, 2016 Understanding Muslim Customer Satisfaction with Halal Destinations: The Effects of Traditional and Islamic Values

More information

ISLAMIC ACCOUNTING SUPPORT TO THE GROWING OF ISLAMIC FINANCIAL INSTITUTIONS IN INDONESIA

ISLAMIC ACCOUNTING SUPPORT TO THE GROWING OF ISLAMIC FINANCIAL INSTITUTIONS IN INDONESIA ISLAMIC ACCOUNTING SUPPORT TO THE GROWING OF ISLAMIC FINANCIAL INSTITUTIONS IN INDONESIA Nurul Fatimah ABSTRACT The purpose of this research is to investigate whether the existing PSAKS, which set up by

More information

What Indonesia teaches us about Islamic Marketing

What Indonesia teaches us about Islamic Marketing MAGAZINE What Indonesia teaches us about Islamic Marketing CULTURE ARINDAM BHATTACHARYYA, HEAD OF STRATEGY, MEDIACOM INDONESIA 30 MAR 2017 Islam is the fastest-growing religion in the world. But to really

More information

Introduction Defining the Challenge Snap Shot of Church Culture Intersecting Strategies How to Enter (Relationship) How to Stay (Respect) How to

Introduction Defining the Challenge Snap Shot of Church Culture Intersecting Strategies How to Enter (Relationship) How to Stay (Respect) How to 1 Introduction Defining the Challenge Snap Shot of Church Culture Intersecting Strategies How to Enter (Relationship) How to Stay (Respect) How to Depart (Revelation) Survey by: Pew Forum s On Religion

More information

By the Numbers Movie How We Measured the Stats

By the Numbers Movie How We Measured the Stats By the Numbers Movie How We Measured the Stats Summary Our goal in the short film By the Numbers is to provide a factual picture according to available data as to how radicalized the Muslim world is. Our

More information

Examiners Report June GCE Religious Studies 8RS0 4D

Examiners Report June GCE Religious Studies 8RS0 4D Examiners Report June 2017 GCE Religious Studies 8RS0 4D Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the UK s largest awarding body. We provide a wide range of qualifications

More information

SHARIAH AUDIT AND REVIEW FOR ISLAMIC FINANCIAL INSTITTUTION

SHARIAH AUDIT AND REVIEW FOR ISLAMIC FINANCIAL INSTITTUTION SHARIAH AUDIT AND REVIEW FOR ISLAMIC FINANCIAL INSTITTUTION Introduction Shariah compliance is the backbone of Islamic finance institutions (IFI) in which they operate. Therefore, ensuring Shari ah compliant

More information

Miracles, Divine Healings, and Angels: Beliefs Among U.S. Adults 45+

Miracles, Divine Healings, and Angels: Beliefs Among U.S. Adults 45+ Miracles, Divine Healings, and Angels: Beliefs Among U.S. Adults 45+ with Hispanic Oversample Report written by G. Oscar Anderson, Research Analyst Member Value Research Knowledge Management Survey conducted

More information

Customer satisfaction and awareness about Islamic banking system

Customer satisfaction and awareness about Islamic banking system Customer satisfaction and awareness about Islamic banking system Abstract Hassan Raza University of the Punjab,Gujranwala campus M.Azeem Azeem_pugc41@yahoo.com University of Sargodha, Gujranwala Campus

More information

ISLAMIC FINANCE AND BANKING MODES OF FINANCE

ISLAMIC FINANCE AND BANKING MODES OF FINANCE page 1 / 5 page 2 / 5 islamic finance and banking pdf Islamic banking or Islamic finance (Arabic:??????????????) or sharia-compliant finance is banking or financing activity that complies with sharia (Islamic

More information

Perceptions of Corporate Customers Towards Islamic Banking Products and Services in Pakistan

Perceptions of Corporate Customers Towards Islamic Banking Products and Services in Pakistan 107 Perceptions of Corporate Customers Towards Islamic Banking Products and Services in Pakistan Sehrish Rustam 1 Saiqa Bibi 2 Khalid Zaman 3 Adeela Rustam 4 Zahid-ul-Haq 5 The main objective of this study

More information

EMPOWERING THE SOCIO ECONOMY OF SAHABAT AIM IN MALAYSIA THROUGH ISLAMIC SOCIAL FINANCE

EMPOWERING THE SOCIO ECONOMY OF SAHABAT AIM IN MALAYSIA THROUGH ISLAMIC SOCIAL FINANCE Seminar on Islamic Microfinance for Poverty Alleviation in OIC Member Countries EMPOWERING THE SOCIO ECONOMY OF SAHABAT AIM IN MALAYSIA THROUGH ISLAMIC SOCIAL FINANCE Dr Zubir bin Harun Executive Chairman

More information

CHURCH FACILITIES AND MINISTRY SUCCESS. John A. Holm Lead Researcher March, Church Facilities Satisfaction & Ministry Success Study

CHURCH FACILITIES AND MINISTRY SUCCESS. John A. Holm Lead Researcher March, Church Facilities Satisfaction & Ministry Success Study CHURCH FACILITIES AND MINISTRY SUCCESS Church Facilities Satisfaction & Ministry Success Study John A. Holm Lead Researcher March, 2010 Tag at the request of Cornerstone Knowledge Network (CKN), embarked

More information

Sharia Economic and Finance Development Strategies

Sharia Economic and Finance Development Strategies Sharia Economic and Finance Development Strategies M. Anwar Bashori Head of Sharia Economic and Finance Department International Program for Islamic Economics and Finance (IPIEF) UMY, Yogyakarta 28th of

More information

Essay islamic banking and conventional banking. Essay islamic banking and conventional banking.zip

Essay islamic banking and conventional banking. Essay islamic banking and conventional banking.zip Essay islamic banking and conventional banking Essay islamic banking and conventional banking.zip Similarities and Differences Between Islamic Banking and Conventional Banking. Interest based system encourage

More information

Extended Abstract submission. Differentials in Fertility among Muslim and Non-Muslim: A Comparative study of Asian countries

Extended Abstract submission. Differentials in Fertility among Muslim and Non-Muslim: A Comparative study of Asian countries Extended Abstract submission Differentials in Fertility among Muslim and Non-Muslim: A Comparative study of Asian countries First Author: Tamal Reja Senior Research Associate GIDS, Lucknow Phone No-+ 91-9892404598

More information

The CIMA qualifications in Islamic Finance. A different perspective on global business

The CIMA qualifications in Islamic Finance. A different perspective on global business The CIMA qualifications in Islamic Finance A different perspective on global business I was always interested in moving into Islamic finance by my personal preference and the career opportunity available

More information

Customer Satisfaction Level of Islamic Bank and Conventional Bank in Pakistan

Customer Satisfaction Level of Islamic Bank and Conventional Bank in Pakistan IOSR Journal of Business and Management (IOSR-JBM) e-issn: 2278-487X, p-issn: 2319-7668. Volume 11, Issue 1 (May. - Jun. 2013), PP 31-40 Customer Satisfaction Level of Islamic Bank and Conventional Bank

More information

World Islamic Banking Competitiveness Report 2016 Introducing Islamic Banks Into Conventional Banking Systems

World Islamic Banking Competitiveness Report 2016 Introducing Islamic Banks Into Conventional Banking Systems Islamic Banking A 300 Billion Deception Observations And Arguments On Riba Interest Or Usury Islamic Banking We have made it easy for you to find a PDF Ebooks without any digging. And by having access

More information

The Perception Of Ponorogo Muslim Society In Choosing Islamic Banking Services

The Perception Of Ponorogo Muslim Society In Choosing Islamic Banking Services EQUILIBRIUM: Jurnal Ekonomi Syariah Volume 6, Nomor 1, 2018, 93-108 P-ISSN: 2355-0228, E-ISSN: 2502-8316 journal.stainkudus.ac.id/index.php/equilibrium The Perception Of Ponorogo Muslim Society In Choosing

More information

Islamic Wealth Management: Indonesian Case Study

Islamic Wealth Management: Indonesian Case Study Islamic Wealth Management: Indonesian Case Study Ujang Sumarwan, PhD Professor of Consumer Behavior, Dean of Faculty of Human Ecology, Bogor Agricultural University, Indonesia sumarwan@apps.ipb.ac.id.

More information

Rudolf Böhmler Member of the Executive Board of the Deutsche Bundesbank. 2nd Islamic Financial Services Forum: The European Challenge

Rudolf Böhmler Member of the Executive Board of the Deutsche Bundesbank. 2nd Islamic Financial Services Forum: The European Challenge Rudolf Böhmler Member of the Executive Board of the Deutsche Bundesbank 2nd Islamic Financial Services Forum: The European Challenge Speech held at Frankfurt am Main Wednesday, 5 December 2007 Check against

More information

IMPLICATIONS OF SYARIAH LAWS IN BRUNEI DARUSSALAM

IMPLICATIONS OF SYARIAH LAWS IN BRUNEI DARUSSALAM IMPLICATIONS OF SYARIAH LAWS IN BRUNEI DARUSSALAM The term, Syariah law is often associated with harsh lashings and other similarly dated modes of punishment. In reality however, the harsh punishment associated

More information

Religion. Aim of the subject REL

Religion. Aim of the subject REL 2012-05-03 REL Religion The subject of religion has its scientific roots primarily in the academic discipline of religious studies, and is by its nature interdisciplinary. It deals with how religions and

More information

Promoting Islamic financial products to Muslim entrepreneurs: Malaysia corporative bank (bank Rakyat)

Promoting Islamic financial products to Muslim entrepreneurs: Malaysia corporative bank (bank Rakyat) Global Advanced Research Journal of Management and Business Studies (ISSN: 2315-5086) Vol. 2(6) pp. 321-327, June, 2013 Available online http://garj.org/garjmbs/index.htm Copyright 2013 Global Advanced

More information

The Meaning of Muslim-Friendly Destination: Perspective of Malaysian and Korean Scholars

The Meaning of Muslim-Friendly Destination: Perspective of Malaysian and Korean Scholars ISBN 978-93-84422-37-0 11th International Conference on Arts, Humanities, Social Sciences and Corporate Social Responsibilities (AHSCSR-17) Dec. 25-26, 2017 Bangkok (Thailand) The Meaning of Muslim-Friendly

More information

Development, Globalization, and Islamic Finance in Contemporary Indonesia

Development, Globalization, and Islamic Finance in Contemporary Indonesia Development, Globalization, and Islamic Finance in Contemporary Indonesia Thomas B. Pepinsky Department of Government and Modern Indonesia Project Cornell University pepinsky@cornell.edu January 10, 2012

More information

Islamic Banking - Value Added Intellectual Coeficient (IB-VAIC) as an Intellectual Capital Proxy Indonesian Islamic Banking

Islamic Banking - Value Added Intellectual Coeficient (IB-VAIC) as an Intellectual Capital Proxy Indonesian Islamic Banking Global Review of Islamic Economics and Business, Vol. 2, No.2 (2014) 127-135 Faculty of Islamic Economics and Business-State Islamic University Sunan Kalijaga Yogyakarta ISSN 2338-7920 (O) / 2338-2619

More information

Islam & Welfare State: Reality Check & The Way Forward

Islam & Welfare State: Reality Check & The Way Forward Islam & Welfare State: Reality Check & The Way Forward S A L M A N A H M E D S H A I K H P H D S C H O L A R I N E C O N O M I C S U N I V E R S I T I K E B A N G S A A N M A L A Y S I A S A L M A N @

More information

USER AWARENESS ON THE AUTHENTICITY OF HADITH IN THE INTERNET: A CASE STUDY

USER AWARENESS ON THE AUTHENTICITY OF HADITH IN THE INTERNET: A CASE STUDY 1 USER AWARENESS ON THE AUTHENTICITY OF HADITH IN THE INTERNET: A CASE STUDY Nurul Nazariah Mohd Zaidi nazariahzaidi25@gmail.com Dr. Mesbahul Hoque Chowdhury mesbahul@usim.edu.my Faculty of Quranic and

More information

A COMPARATIVE ANALYSIS OF ISLAMIC AND NON-ISLAMIC BANKING USING FINANCIAL ASSET-QUALITY RATIO AND LIQUIDITY RATIO

A COMPARATIVE ANALYSIS OF ISLAMIC AND NON-ISLAMIC BANKING USING FINANCIAL ASSET-QUALITY RATIO AND LIQUIDITY RATIO JOURNAL OF BUSINESS AND MANAGEMENT Vol. 5, No. 2, 2016: 296-303 A COMPARATIVE ANALYSIS OF ISLAMIC AND NON-ISLAMIC BANKING USING FINANCIAL ASSET-QUALITY RATIO AND LIQUIDITY RATIO Irvantara Prastawa and

More information

REQUIRED DOCUMENT FROM HIRING UNIT

REQUIRED DOCUMENT FROM HIRING UNIT Terms of reference GENERAL INFORMATION Title: Consultant for Writing on the Proposal of Zakat Trust Fund (International Consultant) Project Name: Social and Islamic Finance Reports to: Deputy Country Director,

More information

Religious Studies A GCSE (9 1)

Religious Studies A GCSE (9 1) Religious Studies A GCSE (9 1) Paper 1: Area of Study 1 Study of Religion Option 1A Catholic Christianity Time: 1 hour 45 minutes Instructions Use black ink or black ball-point pen. Answer all questions.

More information

The Role of Internal Auditing in Ensuring Governance in Islamic Financial Institutions (IFIS) 1

The Role of Internal Auditing in Ensuring Governance in Islamic Financial Institutions (IFIS) 1 Innovation and Knowledge Management: A Global Competitive Advantage 2158 The Role of Internal Auditing in Ensuring Governance in Islamic Financial Institutions (IFIS) 1 Yazkhiruni Yahya, Kuala Lumpur,Malaysia

More information

Introducing Islam (World Religions) By William E. Shepard READ ONLINE

Introducing Islam (World Religions) By William E. Shepard READ ONLINE Introducing Islam (World Religions) By William E. Shepard READ ONLINE If searched for a ebook Introducing Islam (World Religions) by William E. Shepard in pdf format, then you have come on to the faithful

More information

Indicator of Islamic Banking Competitiveness in the Asean Economic Community Era: Case Study of Indonesia and Malaysia

Indicator of Islamic Banking Competitiveness in the Asean Economic Community Era: Case Study of Indonesia and Malaysia International Research Journal of Finance and Economics ISSN 1450-2887 Issue 163 September, 2017 http://www.internationalresearchjournaloffinanceandeconomics.com Indicator of Islamic Banking Competitiveness

More information

Spin-off and market share in the Indonesian Islamic banking industry: a difference in difference analysis

Spin-off and market share in the Indonesian Islamic banking industry: a difference in difference analysis Spin-off and market share in the Indonesian Islamic banking industry: a difference in difference analysis M. Nur Rianto AL ARIF State Islamic University, Syarif Hidayatullah Jakarta, Indonesia nur.rianto@uinjkt.ac.id

More information

GROWING DEMAND FOR TALENT IN ISLAMIC FINANCE

GROWING DEMAND FOR TALENT IN ISLAMIC FINANCE Demand for Islamic finance talent is set to grow in tandem with a rapidly expanding industry, especially as Islamic finance evolves to be more competitive and increasingly sophisticated. Efforts to expand

More information

The AEG is requested to: Provide guidance on the recommendations presented in paragraphs of the issues paper.

The AEG is requested to: Provide guidance on the recommendations presented in paragraphs of the issues paper. SNA/M1.17/5.1 11th Meeting of the Advisory Expert Group on National Accounts, 5-7 December 2017, New York, USA Agenda item: 5.1 Islamic finance in the national accounts Introduction The 10 th meeting of

More information

Speaking In God's Name: Islamic Law, Authority And Women By Khaled Abou, El Fadl READ ONLINE

Speaking In God's Name: Islamic Law, Authority And Women By Khaled Abou, El Fadl READ ONLINE Speaking In God's Name: Islamic Law, Authority And Women By Khaled Abou, El Fadl READ ONLINE If you are searching for the ebook by Khaled Abou, El Fadl Speaking in God's Name: Islamic Law, Authority and

More information

The Sharia Supervisory Board: Does it Influence Corporate Social Responsibility Disclosure by Islamic Banks? A Review

The Sharia Supervisory Board: Does it Influence Corporate Social Responsibility Disclosure by Islamic Banks? A Review Journal of Islamic Studies and Culture June 2018, Vol. 6, No. 1, pp. 121-132 ISSN: 2333-5904 (Print), 2333-5912 (Online) Copyright The Author(s). All Rights Reserved. Published by American Research Institute

More information

Monetary Policy in an Islamic Economy: The Central Bank s Role

Monetary Policy in an Islamic Economy: The Central Bank s Role Monetary Policy in an Islamic Economy: The Central Bank s Role The Annual Intellectual Symposium of Islamic Financial Economics University of London London, UK May 28th, 2014 Gabriella Crimi Mount Holyoke

More information

The changing religious profile of Asia: Buddhists, Hindus and Chinese Religionists

The changing religious profile of Asia: Buddhists, Hindus and Chinese Religionists The changing religious profile of Asia: Buddhists, Hindus and Chinese Religionists We have described the changing share and distribution of Christians and Muslims in different parts of Asia in our previous

More information

ISLAMIC BANK PERFORMANCE: BETWEEN MAQASID SHARIA AND CAMELS MODEL

ISLAMIC BANK PERFORMANCE: BETWEEN MAQASID SHARIA AND CAMELS MODEL ISLAMIC BANK PERFORMANCE: BETWEEN MAQASID SHARIA AND CAMELS MODEL Sutrisno and Agus Widarjono Universitas Islam Indonesia ABSTRACT The goal of the Islamic banks is not purely on profit oriented but it

More information

Sharia Finance. Islamic Economics The Solution for World Crisis

Sharia Finance. Islamic Economics The Solution for World Crisis Sharia Finance Islamic Economics The Solution for World Crisis 2010 Dubai Intl. Peace Convention Background of Dr. Hussein Hamed Hassan Gender roles at Peace Convention Dr. Hassan s three main points Dr.

More information

ETHICS AND BANKING: COMPARING AN ECONOMICS AND A CHRISTIAN PERSPECTIVE. E Philip Davis NIESR and Brunel University London

ETHICS AND BANKING: COMPARING AN ECONOMICS AND A CHRISTIAN PERSPECTIVE. E Philip Davis NIESR and Brunel University London ETHICS AND BANKING: COMPARING AN ECONOMICS AND A CHRISTIAN PERSPECTIVE E Philip Davis NIESR and Brunel University London Abstract In this article, we seek to challenge the common approach of economics

More information

Journal of Finance and Banking Review

Journal of Finance and Banking Review Journal of Finance and Banking Review GATR JOURNALS Journal homepage: www.gatrenterprise.com/gatrjournals/index.html Sustainable Business of Islamic Bank Through on the Islamic Corporate Governance and

More information

MUSLIM INNOVATIONS THAT SHAPED THE WORLD

MUSLIM INNOVATIONS THAT SHAPED THE WORLD WA1 MUSLIM INNOVATIONS THAT SHAPED THE WORLD IAE MUSLIM INNOVATIONS THAT SHAPED THE WORLD In this ibook you will find images, videos and a prereading that will help you to familiarise yourself with the

More information

ISLAMIC ARTS FESTIVAL SPONSORSHIP PROPOSAL

ISLAMIC ARTS FESTIVAL SPONSORSHIP PROPOSAL ISLAMIC ARTS FESTIVAL SPONSORSHIP PROPOSAL Festival dates: November 10 th & 11 th 2017 A presentation of the Islamic Arts Society. www.islamicartssociety.org info@islamicartssociety.org Sponsorship Proposal

More information

MYPLACE THEMATIC REPORT

MYPLACE THEMATIC REPORT MYPLACE THEMATIC REPORT RELIGION MYPLACE: Aims and Objectives The central research question addressed by the MYPLACE (Memory, Youth, Political Legacy & Civic Engagement) Project is: How is young people

More information

Serving Muslim Clients. A very brief introduction to Islamic Finance

Serving Muslim Clients. A very brief introduction to Islamic Finance Serving Muslim Clients A very brief introduction to Islamic Finance History of Islamic finance Not New 1500 years of development. During Classical period, commerce flourished under Islamic commercial law.

More information

Islam And The Everyday World: Public Policy Dilemmas (Routledge Political Economy Of The Middle East And North Africa)

Islam And The Everyday World: Public Policy Dilemmas (Routledge Political Economy Of The Middle East And North Africa) Islam And The Everyday World: Public Policy Dilemmas (Routledge Political Economy Of The Middle East And North Africa) If searching for a ebook Islam and the Everyday World: Public Policy Dilemmas (Routledge

More information

The Zeal of the Convert: Religious Characteristics of Americans who Switch Religions

The Zeal of the Convert: Religious Characteristics of Americans who Switch Religions The Zeal of the Convert: Religious Characteristics of Americans who Switch Religions By Allison Pond, Gregory Smith, Neha Sahgal and Scott F. Clement Pew Forum on Religion & Public Life Abstract: Religion

More information

Assessment on the Willingness among Public in Contributing For Social Islamic Waqf Bank for Education

Assessment on the Willingness among Public in Contributing For Social Islamic Waqf Bank for Education AENSI Journals Australian Journal of Basic and Applied Sciences Journal home page: www.ajbasweb.com Assessment on the Willingness among Public in Contributing For Social Islamic Waqf Bank for Education

More information

CHAPTER V CONCLUSION & SUGGESTION. broaden its effect, program on zakat microfinance is a smart step. Assessment and

CHAPTER V CONCLUSION & SUGGESTION. broaden its effect, program on zakat microfinance is a smart step. Assessment and CHAPTER V CONCLUSION & SUGGESTION 5.1. Conclusion Zakat multiplier effect on economy is no doubt. To accelerate and broaden its effect, program on zakat microfinance is a smart step. Assessment and evaluation

More information

FOLLOWING THE MONEY: A LOOK AT JEWISH FOUNDATION GIVING

FOLLOWING THE MONEY: A LOOK AT JEWISH FOUNDATION GIVING MAJOR FINDINGS INTRODUCTION FOLLOWING THE MONEY: A LOOK AT JEWISH FOUNDATION GIVING ERIK LUDWIG ARYEH WEINBERG Erik Ludwig Chief Operating Officer Aryeh Weinberg Research Director Nearly one quarter (24%)

More information

Christian-Muslim Relationships in Medan. and Dalihan na tolu. A Social Capital Study. of The Batak Cultural Values

Christian-Muslim Relationships in Medan. and Dalihan na tolu. A Social Capital Study. of The Batak Cultural Values Christian-Muslim Relationships in Medan and Dalihan na tolu A Social Capital Study of The Batak Cultural Values and Their Effect on Interreligious Encounters Godlif J. Sianipar Christian-Muslim Relationships

More information

Seasonality in the Saudi Stock Market. TASI trading in and around Ramadan

Seasonality in the Saudi Stock Market. TASI trading in and around Ramadan Seasonality in the Saudi Stock Market TASI trading in and around Ramadan The holy month of Ramadan is the ninth month of the Hjiri (Islamic) calendar. For a period of 9 to 0 days during the month, it is

More information

Non-Religious Demographics and the Canadian Census Speech delivered at the Centre For Inquiry Ontario April 29, 2011

Non-Religious Demographics and the Canadian Census Speech delivered at the Centre For Inquiry Ontario April 29, 2011 Non-Religious Demographics and the Canadian Census Speech delivered at the Centre For Inquiry Ontario April 29, 2011 Contact: Greg Oliver President Canadian Secular Alliance president@secularalliance.ca

More information

Pray, Equip, Share Jesus:

Pray, Equip, Share Jesus: Pray, Equip, Share Jesus: 2015 Canadian Church Planting Survey Research performed by LifeWay Research 1 Preface Issachar. It s one of the lesser known names in the scriptures. Of specific interest for

More information

Name: C. Mason Lesson Plans for the week of Sept. 8th-Sept. 12th, 2014

Name: C. Mason Lesson Plans for the week of Sept. 8th-Sept. 12th, 2014 Monday Content Lesson Learning Format/Technology 1) Collect Birth of Islam booklets 2) Power Point notes: distinction between Sunni and Shia Muslims; Sharia law 3) Students will summarize notes about distinctions

More information

114 Tips To Help You Finally Memorize The Quran By Suleiman b. Hani READ ONLINE

114 Tips To Help You Finally Memorize The Quran By Suleiman b. Hani READ ONLINE 114 Tips To Help You Finally Memorize The Quran By Suleiman b. Hani READ ONLINE If you are searching for the ebook by Suleiman b. Hani 114 Tips to Help You Finally Memorize the Quran in pdf format, then

More information

Religio. State of Catholicism. Introduction Report

Religio. State of Catholicism. Introduction Report Religio State of Catholicism Introduction Report By Jong Han Head of Research Religio Purpose: To inform on the overall state of Catholicism and the Catholic church in the United States through generational

More information

Christ Lutheran Church Strategic Plan Rough Draft Version 4 8/13/14

Christ Lutheran Church Strategic Plan Rough Draft Version 4 8/13/14 Christ Lutheran Church 2014-2017 Strategic Plan Rough Draft Version 4 8/13/14 Created by Strategic Planning Task Force (Spring/Summer of 2014) Marley Ayres Tina Jordahl Martha Gehrking Pastor Steve Rheingans

More information

KNOWLEDGE AND AWARENESS OF ISLAMIC BANKING AND FINANCE IN MACEDONIA: AN EMPIRICAL EVIDENCE

KNOWLEDGE AND AWARENESS OF ISLAMIC BANKING AND FINANCE IN MACEDONIA: AN EMPIRICAL EVIDENCE KNOWLEDGE AND AWARENESS OF ISLAMIC BANKING AND FINANCE IN MACEDONIA: AN EMPIRICAL EVIDENCE Sherif Abdullahi 1 Amir Shaharuddin 2 Abstract Since independence in 1991, the banking and financial system of

More information

Measuring religious intolerance across Indonesian provinces

Measuring religious intolerance across Indonesian provinces Measuring religious intolerance across Indonesian provinces How do Indonesian provinces vary in the levels of religious tolerance among their Muslim populations? Which province is the most tolerant and

More information

America s Changing Religious Landscape

America s Changing Religious Landscape Religion & Public Life America s Changing Religious Landscape Christians Decline Sharply as Share of Population; Unaffiliated and Other Faiths Continue to Grow The Christian share of the U.S. population

More information

By Kamal Saleh. Director General Assistant Department of Statistics The Hashemite Kingdom of Jordan

By Kamal Saleh. Director General Assistant Department of Statistics The Hashemite Kingdom of Jordan By Kamal Saleh Director General Assistant Department of Statistics The Hashemite Kingdom of Jordan 1 Meaning of statistics Statistics is that branch of science, which tries to gather facts according to

More information

Difference Analysis of Social Performance With The Islamic Social Reporting (ISR) in Syariah Banking That Are in Indonesia and Malaysia

Difference Analysis of Social Performance With The Islamic Social Reporting (ISR) in Syariah Banking That Are in Indonesia and Malaysia 6 Difference Analysis of Social Performance With The Islamic Social Reporting (ISR) in Syariah Banking That Are in Indonesia and Malaysia Aprila Dwi Widayati 1* and Raditya Sukmana 2 1,2 Airlangga University,

More information

Executive Summary Clergy Questionnaire Report 2015 Compensation

Executive Summary Clergy Questionnaire Report 2015 Compensation 45 th Anniversary of the Ordination of Women Executive Summary Clergy Questionnaire Report 2015 Research and Evaluation, Office of the Presiding Bishop Evangelical Lutheran Church in America Kenneth W.

More information

Purchase intention behavior of Syariah financial product

Purchase intention behavior of Syariah financial product Purchase intention behavior of Syariah financial product Anton Agus Setyawan Universitas Muhammadiyah Surakarta, Indonesia Abstract This study explores purchase intention of Syariah financial product.

More information

Disclosure Level s Effect of Islamic Social Reporting on Company s Profitability and Zakat

Disclosure Level s Effect of Islamic Social Reporting on Company s Profitability and Zakat Online Access: www.absronline.org/journals Management and Administrative Sciences Review Volume 6, Issue 2 Pages: 85-98 March, 2017 e-issn: 2308-1368 p-issn: 2310-872X Disclosure Level s Effect of Islamic

More information