IDEAS home Printed from https://ideas.repec.org/a/idn/journl/v9y2006i2cp57-97.html
   My bibliography  Save this article

Perbankan Syariah dan Perbankan Berdasarkan Bunga: Manakah yang Lebih Optimal?

Author

Listed:
  • Tarsidin

    (FEUI)

  • Perry Warjiyo

    (Bank Indonesia)

Abstract

Unlike the conventional interest-base bank, the Islamic banks use both equity financing with profit sharing and debt-like financilng with mark-up, and at the funding side they use both investment scheme with revenue sharing and deposit scheme with rewards. The conventional bank use debt financing with interest and at the funding side use the deposit scheme with interest as well. The optimally of the two banking systems will be tested to determine which one is more optimal in terms of the wealth of the bank shareholder, the welfare of the entrepreneur, and the welfare of the depositors. Using a multiperiod static optimization approach, the result shows that in the interest-based banking is more optimal in terms of the shareholder wealth and the depositor’s welfare, while the Islamic banking is more optimal in terms of the entrepreneur welfare.

Suggested Citation

  • Tarsidin & Perry Warjiyo, 2006. "Perbankan Syariah dan Perbankan Berdasarkan Bunga: Manakah yang Lebih Optimal?," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 9(2), pages 57-97, October.
    • Handle: RePEc:idn:journl:v:9:y:2006:i:2c:p:57-97
    DOI: https://doi.org/10.21098/bemp.v9i2.204
    as

    Download full text from publisher

    File URL: https://bulletin.bmeb-bi.org/cgi/viewcontent.cgi?article=1421&context=bmeb
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.21098/bemp.v9i2.204?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Sistem perbankan; bank syariah; bunga; bagi hasil; mudharabah; wadi’ah;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idn:journl:v:9:y:2006:i:2c:p:57-97. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lutzardo Tobing or Jimmy Kathon (email available below). General contact details of provider: https://edirc.repec.org/data/bigovid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.