Kebijakan Spin-off dan Efisiensi Perbankan Syariah di Indonesia

Abstract

The study aims to analyse the spin-off policies’ impact on the Islamic banks’ efficiency in Indonesia. The study was conducted on five spin-off Islamic banks and efficiency were measured by the BOPO ratio. The research variables used were dummy spin-off, ROA, FDR, and economic growth. Data analysis used panel data regression on annual data from 2008 to 2018. The results suggest that, first, the implementation of spin-off policy significantly increased the operational efficiency of Islamic banking. Second, ROA also has a negative effect on efficiency. Third, FDR and economic growth have no significant effect on the Islamic banks’ efficiency in Indonesia.

The Spin-Off Effectiveness of Sharia Insurance in Indonesia: Analyzing the Efficiency and the Criteria

“…On the other hand, there are also opinions from previous researchers who gave the result that the spin-off policy provided benefits and performance, encouraged the growth of Islamic insurance in the country, and increased the efficiency of the industry (Hagedoorn et al, 2018;Siswantoro et al, 2018;Waluyo, 2020). As stated by Pambuko (2019), implementing the spin-off policy significantly increases the operational efficiency of Islamic banking. Spin-offs also create significant value for firms' equity investors (Kalanoski & Svederberg, 2020).…”

“…Previous researchers have carried out research related to the spin-off policy. The research informed that the spin-off policy has not effectively improved performance and efficiency in Islamic banks (Al-Arif et al, 2020;Pambuko, 2019;Sihombing & Yahya, 2016;Trinugroho et al, 2021). Al-Arif et al (2018) research on spin-off policies in terms of spin-off criteria resulted in no Islamic banks achieving these criteria until the spin-off deadline.…”

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“…Return On Asset (RoA) sebagai rasio yang dipakai dalam mengetahui kemampuan perbankan untuk memperoleh keuntungan lewat pengelolaan aset yang ada di perbankan (Haq, 2015;Pambuko, 2019) Sedangkan menurut surat edaran BI No. 6/23/DPNP/ tanggal 31 Mei 2004, menyatakan Return On Asset(ROA) merupakan rasio yang dipakai dalam melakukan penilaian terhadap tingkat pengembalian asset yang dipunyai.…”

Analysis Performance of Islamic Bank in Indonesia: Before and After the Spin Off

“…The more developing Islamic banks, of course, the more challenges faced. Especially in improving the performance of the bank itself, improving bank performance is very beneficial to increase the level of customer confidence in Islamic banks, [2]. Customers will certainly prefer Islamic banks with good performance, as seen in the income statement, balance sheet, financial ratio report, and others.…”

“…Seeing the laws above, the conventional commercial bank in question is obliged to separate UUS into a Islamic Commercial Bank (BUS). It is generally seen from this article that UUS spin-offs are mandatory after fulfilling one of the specified requirements, while also emphasizing that the existence of UUS has been temporary from the beginning [2]. Following are the number of Islamic banks in Indonesia and their formation:…”