Journal of Islamic Monetary Economics and Finance最新文献_第8页

POLICY RATES PASS-THROUGH IN INDONESIA’S DUAL BANKING SYSTEM: DOES BUSINESS CYCLE MATTER? 印尼双重银行体系的政策利率传导:商业周期重要吗?

Journal of Islamic Monetary Economics and Finance Pub Date : 2022-02-23 DOI: 10.21098/jimf.v8i1.1424

Sugeng Triwibowo, Defy Oktaviani, A. Ginanjar, Danu F. Ardiansyah

{"title":"POLICY RATES PASS-THROUGH IN INDONESIA’S DUAL BANKING SYSTEM: DOES BUSINESS CYCLE MATTER?","authors":"Sugeng Triwibowo, Defy Oktaviani, A. Ginanjar, Danu F. Ardiansyah","doi":"10.21098/jimf.v8i1.1424","DOIUrl":"https://doi.org/10.21098/jimf.v8i1.1424","url":null,"abstract":"This paper examines the pass-through of the policy rate to conventional and Islamic bank rates during the recessionary and expansionary episodes for the case of Indonesia. Applying an error-correction modelling to monthly data from June 2014 to April 2021, our findings confirm that the interest rate pass-through is sensitive to the business cycle for both conventional and Islamic banks. The policy rate pass-through to deposit rates is higher during the recession for both banking types. We also note that the lending rates of conventional banks fully adjust to the policy rate in the recessionary phase. The findings for Islamic financing rates are interesting. Namely, they tend to move inversely with the policy rates during the expansionary period. Meanwhile, depending on the rates, they are either over-responsive or less responsive during the recessionary phase. Finally, the degree of short-run adjustment in most banking rates is not influenced by the business cycle. These findings suggest that Islamic banking rates are less synchronized to the monetary policy rate, indicating that sharia-based banking barely supports counter-cyclical monetary policy.","PeriodicalId":31622,"journal":{"name":"Journal of Islamic Monetary Economics and Finance","volume":"80 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72452430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE ROLE OF PLS FINANCING ON ECONOMIC GROWTH: INDONESIAN CASE PLS融资对经济增长的作用:印尼案例

Journal of Islamic Monetary Economics and Finance Pub Date : 2022-02-22 DOI: 10.21098/jimf.v8i1.1378

M. Masrizal, Budi Trianto

引用次数: 6

REVITALIZING INDONESIAN ISLAMIC BANKING PERFORMANCE: A STAKEHOLDER ANALYSIS 振兴印尼伊斯兰银行业绩:利益相关者分析

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-12-02 DOI: 10.21098/jimf.v7i4.1373

Ruspita Rani Pertiwi, J. H. Tjakratmadja, Hary Febriansyah

引用次数: 1

SUKUK AND ISLAMIC BANKING FINANCING : HOW THE IMPACT FOR REAL SECTOR ? 伊斯兰债券和伊斯兰银行融资:对实体行业的影响如何?

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-12-02 DOI: 10.21098/jimf.v7i4.1407

Budi Trianto, M. Masrizal

引用次数: 0

DEA WINDOW ANALYSIS FOR INDONESIAN ISLAMIC BANKS’ EFFICIENCY 印尼伊斯兰银行效率的Dea窗口分析

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-12-02 DOI: 10.21098/jimf.v7i4.1410

A. Rusydiana, Aisyah As-Salafiyah

引用次数: 2

ISLAMIC FINANCIAL DEVELOPMENT IMPACT ON ENERGY INTENSITY: EVIDENCE FROM ISLAMIC BANKS 伊斯兰金融发展对能源强度的影响:来自伊斯兰银行的证据

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-12-02 DOI: 10.21098/jimf.v7i4.1409

A. Ibrahim, Nasim S. Shirazi, Amin Mohseni-Cheraghlou

{"title":"ISLAMIC FINANCIAL DEVELOPMENT IMPACT ON ENERGY INTENSITY: EVIDENCE FROM ISLAMIC BANKS","authors":"A. Ibrahim, Nasim S. Shirazi, Amin Mohseni-Cheraghlou","doi":"10.21098/jimf.v7i4.1409","DOIUrl":"https://doi.org/10.21098/jimf.v7i4.1409","url":null,"abstract":"The relationship between financial development and energy intensity is yet firmly established as the literature is emerging, and the few empirical studies that have been done provide conflicting results. Whereas some conclude a U-shaped relationship between financial development and energy intensity, others show a linear relationship between the two variables. This study investigates the relationship between financial development and energy intensity by focusing on the role of Islamic financial development. The study covers 30 countries where Islamic banks are present. Using the fixed-effects panel model, the empirical results suggest that Islamic banking development significantly increases energy intensity in the sample countries. We also identify other important factors that increase energy intensity. These include carbon emissions, renewable energy use and energy imports. The findings point to the importance of designing policies to incentivize Islamic banks and Shari'ah-compliant investors to finance clean energy technologies as a potent tool for reducing energy intensity, achieving sustainable development, and greening Islamic finance.","PeriodicalId":31622,"journal":{"name":"Journal of Islamic Monetary Economics and Finance","volume":"169 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77529418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

UNDERSTANDING THE IMPACT OF INSTITUTIONAL FACTORS ON ASNAF’S SUSTAINABILITY: A PLS-SEM APPROACH 了解制度因素对asnaf可持续性的影响:一种积极的方法

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-11-30 DOI: 10.21098/jimf.v7i4.1289

M. Al Haq, Norazlina Abd. Wahab, Md. Mahmudul Alam

引用次数: 1

HALAL COSMETICS REPURCHASE INTENTION: THE ROLE OF MARKETING ON SOCIAL MEDIA 清真化妆品的再购买意向:社会化媒体营销的作用

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-11-30 DOI: 10.21098/jimf.v7i4.1379

M. I. A. Jalil, Suddin Lada, M. Bakri, Zakiah Hassan

{"title":"HALAL COSMETICS REPURCHASE INTENTION: THE ROLE OF MARKETING ON SOCIAL MEDIA","authors":"M. I. A. Jalil, Suddin Lada, M. Bakri, Zakiah Hassan","doi":"10.21098/jimf.v7i4.1379","DOIUrl":"https://doi.org/10.21098/jimf.v7i4.1379","url":null,"abstract":"This research aims to study the effects of social media marketing strategies on the repurchase intention among suppliers of halal cosmetics in the context of Malaysia. The study, based on the theory of social media marketing, identifies these ties, and considers the mediating functions of word-of-mouth brand recognition and electronic word-of-mouth communication (e-WOM). The work takes a holistic view of brand recognition and e-WOM with reference to the two main relations, social media marketing strategy and repurchasing intention. The partial least squares structural equation modelling (PLS-SEM) method was employed and data collected from 300 respondents (followers) via an online questionnaire. The results indicate that there is a significant influence of social media marketing (SMM) on repurchase intention, brand awareness, and e-WOM; the impact is higher on brand awareness, followed by repurchase intention and eWOM. These results demonstrate that efficient brand management of the use of social media platforms will help increase brand awareness among halal cosmetics buyers. When used correctly, SMM may assist the distribution and communication of the most up-to-date information on cosmetic products and brands, resulting in increased awareness and repurchase intent. At the same time, eWOM is a useful tool for their respective followers to disseminate information. The research has important implications for the halal cosmetics sector, as it contributes to the theoretical and management literature on social media marketing strategy. \u0000 \u0000 \u0000 \u0000 \u0000 ","PeriodicalId":31622,"journal":{"name":"Journal of Islamic Monetary Economics and Finance","volume":"189 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83455709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

AN ASSESSMENT OF THE INTENTION TO ACCEPT SHARIAH COMPLIANT CROWDFUNDING MODE OF FINANCING IN BORNO STATE, NIGERIA 对尼日利亚博尔诺州接受符合伊斯兰教法的众筹融资模式的意向评估

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-11-30 DOI: 10.21098/jimf.v7i4.1271

Sagir Muhammad Sulaiman, Y. Muhammad, M. Muhammad

引用次数: 2

IMPACT OF PSYCHOLOGICAL CHARACTERISTICS ON BUSINESS PERFORMANCE OF MUSLIM WOMEN ENTREPRENEURS IN SRI LANKA 心理特征对斯里兰卡穆斯林女企业家经营绩效的影响

Journal of Islamic Monetary Economics and Finance Pub Date : 2021-11-30 DOI: 10.21098/jimf.v7i4.1380

M. S. Ummah

{"title":"IMPACT OF PSYCHOLOGICAL CHARACTERISTICS ON BUSINESS PERFORMANCE OF MUSLIM WOMEN ENTREPRENEURS IN SRI LANKA","authors":"M. S. Ummah","doi":"10.21098/jimf.v7i4.1380","DOIUrl":"https://doi.org/10.21098/jimf.v7i4.1380","url":null,"abstract":"Women entrepreneurship is a highly stressful initiative which requires mental efforts related to psychological characteristics. In some Islamic families, women are less empowered, as their mobility is constrained and certain traditions and values observed by society affect their achievement in business. Therefore, this study aims to investigate the effects of several psychological capital (PC) factors on the business performance (BP) of Muslim women entrepreneurs (MWEs) in Sri Lanka. The measurement of PC entails the factors of need for achievement (NA), risk taking (RT), internal locus of control (ILC), and independent motives (IM). Data were collected using a structured questionnaire; the study sample involved 260 MWEs from Sri Lanka’s Eastern Province selected via the simple random sampling technique. The structural equation modeling (SEM) method with AMOS was used to test the proposed hypotheses. The findings show that only RT had a significant and positive impact on BP, whereas NA, ILC, and IM did not significantly influence the BP of MWEs in Sri Lanka. In short, those who were risk takers were able to make positive achievements in their business ventures. The study findings provide evidence of the significance of family members, spouses and social stigma on the MWEs’ psychological state and ultimately their business performance. \u0000 ","PeriodicalId":31622,"journal":{"name":"Journal of Islamic Monetary Economics and Finance","volume":"143 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86020040","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1