Ekonomi Islam Indonesia

Why Generation Z Intends to Save in Islamic Banks: A Case in Indonesia

Lia Fitria, Anita Priantina — Tue, 27 May 2025 00:00:00 +0000

The growth of the Islamic banking industry continues to show a positive trend, both at the global and national levels. One indicator is the increase in banking products, especially savings products. This study aims to analyze the influence of financial literacy and religiosity on intention to save at Islamic banks among Generation Z, with a focus on high school students in Bogor City. This study uses a quantitative approach by involving 100 respondents from SMA Negeri 1 Citeureup students. Data were collected through questionnaires, and analyzed using the Structural Equation Modeling (SEM) method. The results of the analysis show that both financial literacy and religiosity have a positive and significant influence on intention to save at Islamic banks. The R-Square value on the intention to save construct is 0.801, which indicates that 80.1% of the variability in intention saving can be explained by these two variables. The findings emphasize the importance of increasing financial and religious education to encourage wider awareness and participation in sharia-based financial practices.

The Effect of Bank Syariah Indonesia Merger on Financing in Indonesia

Muhammad Nur Faaiz Fathah Achsani, Mohammad Iqbal Irfany — Fri, 23 May 2025 00:00:00 +0000

This study aims to examine the impact of the merger of three state-owned Islamic banks on financing in Indonesia’s Islamic banking sector, while also analyzing the role of macroeconomic and bank-specific factors. The study employs time-series data and applies the Auto-Regressive Distributed Lag (ARDL) bounds testing approach to analyze short- and long-term relationships between financing and various macroeconomic and bank-specific variables. The results show that in the short run, the merger did not have an immediate effect on financing, with key variables such as asset size, non-performing financing (NPF), exchange rates, and the unemployment rate significantly influencing financing. In the long run, asset size and NPF positively and negatively impacted financing, respectively, while the exchange rate negatively influenced financing. The merger itself showed no significant long- term effect, likely due to the bank focusing on internal consolidation rather than expanding financing or market share. This study provides insights into the immediate and long-term impacts of bank mergers in the context of Islamic banking, emphasizing the role of macroeconomic factors and internal consolidation processes. The findings offer valuable guidance for policymakers, regulators, banks, and stakeholders in the Islamic banking industry.

Islamic Finance Development in Africa

Muniem Adam, Rodame Monitorir Napitupulu — Thu, 22 May 2025 00:00:00 +0000

This study provides a quantitative analysis of the literature on Islamic finance in Africa from 1992 to 2024, drawing on English, French, Turkish and Russian language articles indexed in Scopus database. Employing a bibliometric methodology alongside content analysis, this study outlines the development and structure of the field, examining aspects such as co-authorship, co-citation, and bibliographic coupling. Finding The international journal of Islam as the highest-ranking journal in Islamic finance in Africa, Hasan, M. Kabir as the most influential in co-authorship, and Islamic finance as the dominant keyword in the bibliometric analysis. The primary objective of this research is to address the lack of prior bibliometric analysis concerning Islamic finance within the context of Africa. Consequently, this research will serve as an inaugural paper conducting a bibliometric review on this particular topic. There are 4 main topics covered: (1) Overview of Islamic finance in Africa; (2) Islamic finance in developing countries; (3) Development of Islamic finance in Africa; (4) Performance of Islamic banking and finance during crises.