A Meta-Analysis of Islamic Microfinance : Case Based Evidence From India

Irfan, Mohammad

doi:10.21098/jimf.v6i1.1202

Cited by 8 publications

(11 citation statements)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In Indonesia, besides being classified as banks, BPRS are also classified as Islamic microfinance institutions (MFIs) that aim to seek profits. BPRS also support the development of the social and economic aspects of society (Irfan, 2020). Accordingly, considering the important role of BPRS, understanding factors affecting BPRS performance is worth studying.…”

Section: Introductionmentioning

confidence: 99%

Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks

Fithria

Sholihin

Arief

et al. 2021

IMEFM

View full text Add to dashboard Cite

Purpose This study aims to analyse the relationship between management ownership and the performance of Islamic microfinance institutions (MFIs) using panel data from Indonesian Islamic rural banks (Bank Pembiayaan Rakyat Syariah [BPRS]). Design/methodology/approach This study uses unbalanced quarterly panel data from BPRS during the period from 2011 to 2016. Performance, as the dependent variable in this study, is analysed based on three sets of measures, namely, profitability, efficiency and the financing risk. Management ownership, as the independent variable in this study, is represented by ownership by the board of directors (BOD), the board of commissioners (BOC) and the sharia supervisory boards (SSB). Findings The results show that ownership by the BOD and BOC does not have a significant relationship with profitability and efficiency. However, the BOD ownership has a negative relationship with the financing risk and vice versa for the BOC ownership. Additionally, the study reveals that ownership by the SSB plays a positive and significant role in increasing the profitability and efficiency but does not have a significant impact on the financing risk. Originality/value This is one of the first studies to provide empirical results regarding the relationship between management (BOD, BOC and SSB) ownership and the performance of BPRS. The finding reveals that ownership by the SSB is very important to increase the profitability and efficiency of the BPRS. Contribution to Impact This study fills the gap in the literature about Islamic MFIs in Indonesia, especially the BPRS. This research also provides an insight into corporate governance practices and Islamic MFIs’ performance using BPRS data. The findings provide useful information for policy makers and regulators.

show abstract

Section: Introductionmentioning

confidence: 99%

Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks

Fithria

Sholihin

Arief

et al. 2021

IMEFM

View full text Add to dashboard Cite

show abstract

“…The researchers benefitted from databases and software tools. The literature is likely to develop by including other respective databases such as WoS. Sector-based researches performed on Islamic finance such as takaful and sukuk, followed by Islamic funds, microfinance and other sectors (Aliyu et al , 2017; Irfan, 2020; Tahir, 2007). As in the first category, these studies are not capped into specific countries or research types.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Sector-based researches performed on Islamic finance such as takaful and sukuk, followed by Islamic funds, microfinance and other sectors (Aliyu et al , 2017; Irfan, 2020; Tahir, 2007). As in the first category, these studies are not capped into specific countries or research types.…”

Section: Literature Reviewmentioning

confidence: 99%

A bibliometric analysis of the International Journal of Islamic and Middle Eastern Finance and Management

Özdemir

Selçuk

2021

IMEFM

View full text Add to dashboard Cite

Purpose The purpose of this paper is to indicate the current state of studies on Islamic finance and management through a bibliometric analysis of the only social science citation index (SSCI)-indexed journal in this field. Design/methodology/approach The paper uses a bibliometric analysis, collecting data from the 319 papers published in the International Journal of Islamic and Middle Eastern Finance and Management (IMEFM) from 2008 to 2019. Moreover, VOSviewer software has been used to illustrate the citation analysis (including most cited papers, most cited authors and authors’ affiliated institutions and countries) and the keyword map. Findings The number of papers published in each issue of the IMEFM is found to have significantly increased owing to its unique situation being the only SSCI-indexed journal in this domain. The share of the empirical researches in total papers published annually has steadily risen, reaching 95% in 2019. In terms of case countries, although Malaysia is the most examined country in the papers, other countries such as Indonesia and Turkey are found to have been used as a case country by researchers recently. Islamic banking-related papers are the most prevalent studies, as expected, with mainly their performance being examined. Meanwhile, the number of papers about Islamic social financial institutions has notably grown in recent years. Finally, technology-based initiatives such as crowdfunding and cryptocurrencies are noted to have not yet been the subject of any paper. Originality/value The main contribution of this study is its analysis of the only SSCI-indexed journal on Islamic finance and management using bibliometrics. Also, all the papers published in the journal have been reviewed in terms of methodology, case country/country groups and topics/subtopics to lead the way for future research.

show abstract

“…As result, they lack skills which make them be at disadvantage to secure a good job (Chaurasia, Priya & Agrawal, 2019;Richmond, Robinson, Sachs-Israel & Sector, 2008). Past studies have shown that the Islamic finance market is recording growth with an approach aiming at human increase people`s income through assisting small and medium enterprise and human well-being (AbdulKareem, Mahmud, Abdulganiyy & Yazid; Irfan, 2020). Interestingly, Islamic finance products especially Sukuk provides a useful instrument to fill the gap as social intermediation for illiteracy.…”

Section: Illiteracymentioning

confidence: 99%

Islamic Financing as Mechanism for Socio-Economic Development: A Conceptual Approach

Olaide

AbdulKareem

2021

jmtp

View full text Add to dashboard Cite

This study has critically reviewed both empirical and theoretical literature and the importance of Sukuk being an Islamic finance mechanism as a major player to solve socio-economic problems and human development in general. It is observed that Islamic finance products, especially Sukuk have gained prominence across the globe. Considering part of its importance to human life, previous studies have established that it is working successfully in several countries through the adoption of Sukuk to tackle socio-economic vices such as the alleviation of poverty, lack of shelter, illiteracy that in the long-run has positive impacts on the small and medium enterprise; economic; rural and sustainable development. Given this, the study focuses on the effectiveness of the concept of Sukuk as a mechanism to solve socio-economic vices listed above. As earlier mentioned, the Islamic finance market is succeeding with its approach in a comprehensive manner towards empowering people and their wellbeing. In support of this, the proceed generated from Sukuk investments can be used by investors to improve the education of their wards and personal health condition. The outcome of this study revealed that Islamic finance products, bearing Sukuk in mind is capable of solving socio-economics vices facing the world.

show abstract

A Meta-Analysis of Islamic Microfinance : Case Based Evidence From India

Cited by 8 publications

References 14 publications

Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks

Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks

A bibliometric analysis of the International Journal of Islamic and Middle Eastern Finance and Management

Islamic Financing as Mechanism for Socio-Economic Development: A Conceptual Approach

Contact Info

Product

Resources

About