INDONESIA - ARTICLES - Deposit behaviour in Indonesia Islamic banking : do crisis and fatwa matter?

Deposit behaviour in Indonesia Islamic banking : 

do crisis and fatwa matter?
In: Indonesia Islamic Banking Research Forum 2011, 16-17 December, 2011, Padjajaran University, Bandung.
Abduh, Muhamad and Sukmana, Raditya (2011)

Abstract -This paper attempts to examine factors that influence deposit behaviour of bank depositors in Indonesia Islamic banking. Several explanatory variables are tested namely interest rate, Islamic deposit rate, inflation, income as well as financial crisis. Cointegration test and impulse response functions are utilized to examine the long run and short run relationship among the variables. The period of analysis is from December 2000 to January 2011 (122 number of observation-monthly data). The results show that crisis has no significant impact on the volatility of Islamic banks deposits. This suggests that the Islamic banks’ expansion towards the real economic activities by partnership contracts is one of the best practices. It depicts also that depositors have a strong believe towards the resilience of Islamic banks against financial crisis and thus, they did not withdraw their money excessively during the crisis. However, it is also found that interest rate and income are still dominating the people’s decision to deposit their funds in Islamic banks which in turns, indicating the effectiveness of the anti-riba campaign in Indonesia is still low and thus, the strategy of educating the people need to be redesigned.  (source)

INDONESIA - EVENTS - MES Intensive Islamic Banking Research Forum FRPS

REPUBLIKA.CO.ID, JAKARTA - Sharia Economy Society (MES) has intensified Islamic Banking held a Research Forum (FRPS). Once in Palembang and Yogyakarta 2010, the MES in cooperation with Bank Indonesia (BI), the Association of Islamic Economics (IAEI) and Forum Gathering and Islamic Economic Studies (FOSSEI), will be held FRPS IAIN 2011 in North Sumatra and Padjadjaran University. (source)

EDUCATION - Public Lecture - Prof. Dr. Hassanudeen Abd. Aziz (IIUM Malaysia) - General Lecture “Derivative Instrument from Islamic Finance Perspective” (May 12, 2011 - Bandung)

Date: Thursday, May 12, 2011

Time: 9.30 a.m. – 12.00 a.m.

Place: B1 Multimedia Hall FE Unpad Jln. Dipati Ukur No. 35 Bandung - Universitas Padjadjaran

Monetary derivative instrument that has been popular in conventional finances seems to be at the crossroads in Islamic monetary. There is minimum coherence to what should be the right place for the derivative instrument in Islamic monetary.

In accordance with that, Management Laboratory of the Faculty of Economy Unpad, collaborating with Center for Studies of Islamic Economy and Business (PSEBI) FE Unpad, presents general lecture entitled “Derivative Instrument from Islamic Finance Perspective” with Prof. Dr. Hassanudeen Abd. Aziz from International Islamic University Malaysia. This event will be held on Thursday (05/12), at Multimedia Hall B1, FE Unpad, Jl. Dipati Ukur No. 35, Bandung and is open for public.

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