Sharia Banking Strategy in Improving Gross Regional Domestic Products in Sambas District, Indonesia

  • Sri Deti Departement of Islamic Economics, Faculty of Islamic Economics and Business, Institut Agama Islam Sultan Muhammad Syafiuddin Sambas, Jl. Raya Sejangkung Kawasan Pendidikan Tinggi No. 126 Sebayan Sambas Kalimantan Barat 79460
  • Oskar Hutagaluh Departement of Islamic Economics, Faculty of Islamic Economics and Business, Institut Agama Islam Sultan Muhammad Syafiuddin Sambas, Jl. Raya Sejangkung Kawasan Pendidikan Tinggi No. 126 Sebayan Sambas Kalimantan Barat 79460
  • Hadenan Towpek Faculty of Contemporary Islamic Studies, Universiti Teknologi MARA Sarawak, Jl. Meranek Kota Samarahan Sarawak 94300

Abstract

The low contribution of Sharia Banking to the growth rate of Gross Regional Domestic Product for seven years is present in the midst of the people of Sambas Regency, who in fact are the majority of Muslims, so it requires an effort to be able to make a bigger contribution. This study aims to formulate any strategies required by Islamic banking in order to increase the Gross Regional Domestic Product of Sambas Regency with a descriptive quantitative approach. Based on the results of the SWOT analysis and continued with the Quantitative Strategic Planning Matrix (QSPM) analysis, there are seven alternative strategic sector development priorities that can be carried out by Islamic banking in order to increase the Gross Regional Domestic Product of Sambas Regency. Based on the assessment of strategic attractiveness, it shows that the most attractive strategy to be implemented is to collaborate with local governments and institutions in society, then follow the strategy of improving the quality of human resources and technology in the second position and then socializing the advantages of Islamic banking to all levels. community, expand networks, determine superior financing products, be active in financing management, and streamline educational, socialization and promotion activities to gather customers.

Downloads

Download data is not yet available.

References

Abduh, Muhamad, and Mohd Azmi Omar. ‘Islamic Banking and Economic Growth: The Indonesian Experience’. International Journal of Islamic and Middle Eastern Finance and Management 5, no. 1 (1 January 2012): 35–47. https://doi.org/10.1108/17538391211216811.
Acaravci, Ali, Ilhan Ozturk, and Songul Kakilli Acaravci. 2007. ‘Finance-Growth Nexus: Evidence from Turkey’. Available at SSRN 1104693.
Al-tamimi, Khaled. ‘The Role of Islamic Banks Operating in Jordan in Economic Development’. Journal of Economics and Sustainable Development Www.Iiste.Org ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online) 4 (1 August 2013).
Anshori, Abdul Ghofur. 2018. Perbankan Syariah di Indonesia. Yogyakarta: UGM PRESS.
Apriyanti, Hani Werdi. ‘Model Inovasi Produk Perbankan Syariah Di Indonesia’. Economica: Jurnal Ekonomi Islam 9, no. 1 (2018): 83–104.
Arestis, Philip, and Panicos Demetriades. 1997. ‘Finance and Growth: Institutional Considerations and Causality’. Available at SSRN 35996.
Bataona, Mikhael Rajamuda, and Atwar Bajari. ‘Relasi Kuasa Dan Simbol Ekonomi-Politik Gereja Dalam Kontestasi Politik Lokal Provinsi NTT’. Jurnal Kajian Komunikasi 5, no. 2 (2017): 121–35.
Fase, Martin MG, and R. C. N. Abma. ‘Financial Environment and Economic Growth in Selected Asian Countries’. Journal of Asian Economics 14, no. 1 (2003): 11–21.
Furqani, Hafas, and Ratna Mulyany. ‘Islamic Banking and Economic Growth: Empirical Evidence from Malaysia.’ Journal of Economic Cooperation & Development 30, no. 2 (2009).
Habibullah, Muzafar Shah, and Yoke-Kee Eng. ‘Does Financial Development Cause Economic Growth? A Panel Data Dynamic Analysis for the Asian Developing Countries’. Journal of the Asia Pacific Economy 11, no. 4 (2006): 377–93.
Hasyim, Hasnil. ‘PERILAKU DEBITUR DALAM MENENTUKAN PEMBIAYAAN SYARIAH (STUDI KASUS PADA BEBERAPA BPRS DI WILAYAH TANGERANG DAN BEKASI)’. Ad-Deenar: Jurnal Ekonomi Dan Bisnis Islam 1, no. 02 (2018): 194–201.
Hidayati, Siti. 2009. ‘Analisis Hubungan Kinerja Sistem Keuangan (Perbangkan Dan Pasar Modal) Terhadap Pertumbuhan Ekonomi Indonesia Periode 19990-2008’.
Ibrahim, Zaini. ‘Kontribusi Perbankan Syariah terhadap Perekonomian Banten’. Islamiconomic 6, no. 1 (2015): 255720. https://doi.org/10.32678/ijei.v6i1.32.
Iqbal, Munawar, and Philip Molyneux. 2016. Thirty Years of Islamic Banking: History, Performance and Prospects. Springer.
Levine, Ross. 1999. Financial Development and Economic Growth: Views and Agenda. The World Bank.
Lucas Jr, Robert E. ‘On the Mechanics of Economic Development’. Journal of Monetary Economics 22, no. 1 (1988): 3–42.
Noegraha, R. F. 2007. Nuansa-Nuansa Ekonomi Islam. Jakarta: Sejahtera
Pohan, Aulia. 2008. Kerangka Kebijakan Moneter Dan Implementasinya Di Indonesia. Jakarta: Raja Grafindo Persada.
__________________Potret Kebijakan Moneter Indonesia. Jakarta: Raja Grafindo Persada.
Putri, Karunia. 2016. ‘Analisis Kontribusi Perbankan Syariah Terhadap Pertumbuhan Ekonomi Indonesia’. Skripsi: Fakultas Ekonomi Dan Bisnis Islam UIN Sunan Kalijaga Yogyakarta.
Rangkuti, Freddy. 1998. Analisis SWOT Teknik Membedah Kasus Bisnis. Gramedia Pustaka Utama.
Saberan. 2002. Produk Domestik Regional Bruto. Jakarta: Rajawali Pers.
Setiawan, Oleh Aziz Budi. ‘Perbankan Syariah; Challenges dan Opportunity Untuk Pengembangan di Indonesia*)’. Jurnal Kordinat III, no. 1 (2006): 1–42.
Suretno, Sujian. ‘Kepatuhan Syariah Pada Produk Musharakah Di Bank Syariah Indonesia’. JURNAL INDO-ISLAMIKA 9, no. 1 (2019): 1–24.
Visser, Hans. 2019. Islamic Finance: Principles and Practice. Edward Elgar Publishing.
Xu, Zhenhui. ‘Financial Development, Investment, and Economic Growth’. Economic Inquiry 38, no. 2 (2000): 331–44.
Yousefi, Mahmood, Sohrab Abizadeh, and Ken McCormick. ‘Monetary Stability and Interest-Free Banking: The Case of Iran’. Applied Economics 29, no. 7 (1997): 869–76.
Yunita, Patria. ‘The Future of Indonesia Islamic Banking Industry: Bankruptcy Analyzing the Second Wave of Global Financial Crisis’. International Journal of Islamic Economics and Finance (IJIEF) 3, no. 2 (27 July 2020): 199–226.
Yunita, Rima. ‘Faktor-Faktor Yang Mempengaruhi Tingkat Profitabilitas Perbankan Syariah Di Indonesia (Studi Kasus Pada Bank Umum Syariah Di Indonesia Tahun 2009–2012)’. Jurnal Akuntansi Indonesia 3, no. 2 (2016): 143–60.
Yusoff, Remali, and Rodney Wilson. ‘An Econometric Analysis of Conventional and Islamic Bank Deposits in Malaysia’. Review of Islamic Economics 9, no. 1 (2005): 31.
Zulfahmi, R. R. 2015. ‘Kausalitas Pertumbuhan Ekonomi Dan Pembangunan Sektor Keuangan Di Kalimantan Barat’. Konferensi Internasional ASEAN Economic Comunity.
Published
2021-04-01
How to Cite
DETI, Sri; HUTAGALUH, Oskar; TOWPEK, Hadenan. Sharia Banking Strategy in Improving Gross Regional Domestic Products in Sambas District, Indonesia. IQTISHODUNA: Jurnal Ekonomi Islam, [S.l.], v. 10, n. 1, p. 1-16, apr. 2021. ISSN 2443-0056. Available at: <https://ejournal.iaisyarifuddin.ac.id/index.php/iqtishoduna/article/view/869>. Date accessed: 23 july 2021. doi: https://doi.org/10.36835/iqtishoduna.v10i1.869.
Section
Artikel