Journal of Economics and Business

ISSN 2615-3726 (Online)

ISSN 2621-5667 (Print)

Published: 05 June 2020

Facing the Digital Revolution Era with Development of Real Asset Investment Products for Sharia Bank Customers

Diyah Hesti K., Saiful Anwar, Muhammad Said

Institute of Technology and Business Ahmad Dahlan, Syarif Hidayatullah Jakarta State Islamic University

Download Full-Text Pdf

10.31014/aior.1992.03.02.246

Pages: 893-902

Keywords: Islamic Banking, Product Development of Banking, Real Asset Investment, Mudharabah

Abstract

The existence of financial application technology at this time can facilitate consumers of financial service users to find alternative investments and financing beside the capital market and banking for investment in real assets and financial assets. They began to use investment and financing from financial applications such as iGrow, Investree, Ammana, etc. The iGrow application makes it easy for investors who want to invest in the agricultural and livestock sectors. Or Investree application that makes it easy for investors to invest in financial assets without going through the capital market. This study aims to see the potential for developing banking products for customers who want to invest in real assets such as agriculture, livestock, trade and food services. The contract which is considered appropriate and similar to the investment practice of real assets is the mudharabah muqayyadah contract or a special investment. Conjoint analysis is used to determine which mudharabah muqayyadah products are desired by customers. The results of this research in general are: Investment sector in food services and trade. The type of return can be either fixed or variable. Term / period of 1 year. Payment of graduale or terms. The level of security is really secure.

References

  1. Bank Syariah Bukopin. (2014). Bank Syariah Bukopin. 2013 Annual Report.

  2. Djamil, F. (2012). Application of Agreement Law in Transactions at Islamic Financial Institutions,. Jakarta: Sinar Grafika.

  3. Greuning, H. V., & Iqbal, Z. (2008). Risk Analysis for Islamic Bank. Washington DC: The World Bank.

  4. Hair, J., Black, W., Babin, B., & Anderson, R. (2010). Multivariate Data Analysis: A Global Perspective. In Multivariate Data Analysis: A Global Perspective.

  5. iGrow. (2018, 8 13). Corn seeding batch 5. info@igrow.asia.

  6. Ikatan Bankir Indonesia. (2015). Managing the Sharia Bank Financing Business. Kompas Gramedia

  7. Karim, A. A. (2017). Islamic Bank, Fiqh and Financial Analysis. Jakarta: Rajawali Press.

  8. Karim, A. A., & Siddiqi, M. N. (2002). Incentive-Compatible Constraints for Islamic Banking: Some Lessons from Bank Muamalat. Islamic Banking and Finance: New Perspectives on Profit-Sharing and Rick.

  9. Sharia Banking Directorate. (2012). Sharia Banking Business Model. Indonesian Central Bank.

  10. Sitompul, Z. (2002). Possibilities for Implementing Universal Banking System in Indonesia: Study from the perspective of Islamic banks. Jurnal Hukum Bisnis.

  11. Winzar, H. F., & Johnson, L. W. (1999). A Multinomial Probit Conjoint Preference Simulator Incorporating Varying Importance Weights. Australasian Marketing Journal (AMJ). https://doi.org/10.1016/s1441-3582(99)70215-6

  12. www.ojk.go.id. Law Number 10 of 1998 concerning Banking

  13. www.ojk.go.id. Law Number 21 Year 2008 concerning Sharia Banking

  14. Yaumidin, U. K. (2008). Economies Based on Reward Sharing: a Case Study in Indonesias Tertiary Sector. Journal of Indonesian Social Sciences and Humanities

About Us

The Asian Institute of Research is an online and open-access platform to publish recent research and articles of scholars worldwide. Founded in 2018 and based in Indonesia, the Institute serves as a platform for academics, educators, scholars, and students from Asia and around the world, to connect with one another. The Institute disseminates research that is proven or predicted to be of significant influence for the general public.

Stay Connected

  • Instagram - Black Circle
  • Facebook - Black Circle
  • LinkedIn - Black Circle

Contact Us

Please send all inquiries to the email:

editorial@asianinstituteofresearch.org

Business Address:

5th Floor, Kavling 507, Fajar Graha Pena Tower, Jl. Urip Sumohardjo No.20, Makassar, Indonesia 90234

Copyright © 2018 The Asian Institute of Research. All rights reserved