Islamic Banking in Indonesia and Globalization in Era 4.0

  • Zulfikar Hasan Department of Islamic Banking and Center for Research and Community Service at STAIN, Bengkalis, Riau, INDONESIA
  • Mutia Rosiana Nita Putri Monash University Australia, AUSTRALIA
Keywords: Globalization, Era 4.0, Islamic Banking

Abstract

Our research looks at the impact of the industrial revolution 4.0 on the Islamic banking sector. The industrial revolution simply implies major and advanced innovations to the way humans produce goods. This great change has happened three times, and we are currently experiencing the fourth industrial revolution. Every major change is always followed by major changes in the economic, political, even military, and cultural fields. The Industrial Revolution 4.0 has entered Indonesia since 2015. This provides opportunities for several economic sectors around the world to gain market share and wider investment. This study uses qualitative methods to explain the phenomenon being studied. The Sharia Supervisory Board and DSN-MUI are one of the regulators that make sharia banking stronger and more recognized. A different method that we use is a qualitative method by looking at and analyzing the object of research to be studied.

Downloads

Download data is not yet available.

References

A Horch, R. D. (2014). Indsutries 4.0 Hit or Hype ? New York: IEEE Industrial Electronics Magazines.

Adrian, T. (2017). Indonesian Fintech Business : New Innovations of Foster and Collaborate in Business Ecosystems? The Asian Journal of Technology Management, 15-27.

Alamsyah, H. (2015, April 4). Perkembangan dan Prospek Perbankan Syariah Indonesia: Tantangan dalam Menyongsong MEA 2015. Dipetik December 7, 2021, dari Bank Indonesia: www.bi.go.id

Anis, M. (2015). Tantangan Ekonomi Syariah dalam Menghadapi Masa Depan Indonesia di Era Globalisasi. Jurnal Dinamika Hukum, 34-50.

Antonio, S. (2006). Bank Syariah Analisis Kekuatan, Kelemahan, Peluang dan Ancaman. Yogyakarta: Ekonesia.

Asnaini. (2018). Pengembangan Mutu SDM Perbankan Syari’ah: Sebagai Upaya Pengembangan Ekonomi Islam. La_Riba Jurnal Ekonomi Islam, 35-49.

Balasingham, K. (2016). Industry 4.0: Securing the Future for German Manufacturing Companies. University of Twente, 50-64.

Butt, R., Siddiqui, H., Soomro, R. A., & Asad, M. M. (2020). Integration of Industrial Revolution 4.0 and IOTs in academia: a state-of-the-art review on the concept of Education 4.0 in Pakistan. Interactive Technology and Smart Education, 337-354.

Devies, R. (2015). Industry 4.0 Digitalisation for Productivity and Growth. Europe, 34-46.

Erer, D., & Erer, E. (2020). Industry 4.0 and International Trade: The Case of Turkey. Agile Business Leadership Methods for Industry 4.0 , 69-84.

Fasa, M. I. (2014). Strategi Pemasaran dan Peran Perbankan Syariah dalam perekonomian Indonesia. Jurnal Ekonomi Islam, 1-14.

Hamim, H., Abdul, K., & Mohd, S. (2021). "SMEs Retailing in Malaysia: Challenges for Industrial Revolution 4.0 Implementation. Modeling Economic Growth in Contemporary Malaysia, 1-15.

Hayat. (2014). Globalisasi Perbankan Syariah: Tinjauan Teoritis dan Praktis dalam Menghadapi Masyarakat Ekonomi ASEAN 2015 . Jurnal Studia Islamika, 1-15.

Hussain, A. (2020`). Industrial revolution 4.0: implication to libraries and librarians. Library Hi Tech News, 1-5.

Ibrahim, Z., Effendi, N., & Kurniawan, R. (2021). Determinants of profit and loss sharing financing in Indonesia. Journal of Islamic Marketing, 34-45.

Keuangan, D. P. (2015). Roadmap Perbankan Syariah 2015-2019. Jakarta: Otoritas Jasa Keuangan .

Keuangan, O. J. (2017, September 23). Modul Keuangan Syariah. Jakarta, DKI Jakarta, Indonesia.

M Algaound Latifa, L. M. (2001). Perbankan Syariah Prinsip, Praktek dan Prospek. Jakarta: Serambi.

Man, M. M., Turkmenoglu, M. A., & Cicek, B. (2020). Human Resource Development Requirements in Industrial Revolution 4.0. Contemporary Global Issues in Huan Resource Management, 129-139.

Masulah, S. (2014). Strategi Pengembangan Perbankan Syariah di Indonesia . Jurnal Akuntansi UNESA 2, 50-65.

Merkel, A. (2014). The OECD Conference. Berlin: Bundes Regierung.

Mutasowifi, A. (2016). Menggagas Strategi Pengembangan Perbankan Syariah di Pasar Nonmuslim. Jurnal Universitas Paramadina, 25-39.

Nasional, D. S. (2018). Fatwa DSN MUI Tentang Layanan Pembiayaan Berbasis Teknologi Informasi Berdasarkan Prinsip Syariah. Jakarta: DSN MUI.

Nasution, R. A., Arnita, A., Rusnandi, L. S., Qodariah, E., Rudito, P., & Sinaga, M. F. (2020). Digital mastery in Indonesia: the organization and individual contrast. Journal of Management Development, 359-390.

Ocholla, D. N., & Ocholla, L. (2020). Readiness of academic libraries in South Africa to research, teaching and learning support in the Fourth Industrial Revolution. Library Management, 355-368.

Ozcan, W., & Akkaya, B. (2020). The Effect of Industry 4.0 on Accounting in Terms of Business Management. Agile Business Leadership Methods for Industry 4.0, 139-154.

Palupi, W. P. (2018). TANTANGAN BANK SYARIAH DI ERA GLOBALISASI . El Barka, 79-103.

Perbankan, D. P. (2015). Booklet Perbankan Indonesia 2015. Jakarta: OJK.

Perbankan, D. P. (2016). Booklet Perbankan Indonesia. Jakarta: Otoritas Jasa Keuangan.

Putri Ega Handini, S. U. (2017). Inovasi Produk Penghimpunan Dana Perbankan Syariah (Studi Kasus Tabungan Arisan BPRS Madina. The 5th Urecol Proceeding (hal. 908-919). Yogyakarta: Universitas Ahmad Dahlan.

Rusydiana, A. S. (2018). Bagaimana Mengembangkan Indutsri Fintech Syariah di Indonesia ? Pendekatan Interpretive Structural Model (ISM). Jurnal Al-Muzara'ah, 34-46.

Sedarmayanti, & Syarifudin, H. (2000). Metodelogi Penelitian . Bandung: Mandar Maju.

Sharma, R., Jabbour, C. J., & Lopes, d. J. (2020). Sustainable manufacturing and industry 4.0: what we know and what we don't. Journal of Enterprise Information Management, 230-266.

Sugihanto. (2011). Peluang Bank Syariah dalam Pemberdayaan Ekonomi Umat. Ponorogo: STAIN Press Ponorogo.

Sugiyono. (2014). Metode Penelitian Bisnis. Bandung: Alfabeta.

Syukron, A. (2016). Dinamika Perkembangan Perbankan Syariah di Indonesia. Jurnal Ekonomi dan Hukum Islam, 39-50.

Ulum, F. (2014). Inovasi Produk Perbankan Syariah di Indonesia. Jakarta: Al Qanun.

Undang, U. (2016). UU No 11 Tahun 2008 Tentang Informasi dan Transaksi Elektronik. Jakarta: Undang Undang.

Utami, A. F., & Ekaputra, I. A. (2021). A paradigm shift in financial landscape: encouraging collaboration and innovation among Indonesian FinTech lending players. Journal of Science and Technology Policy Mangament, 10-25.

W Wahlster, W. D. (2013). Recommendations for Implementing the Strategic Initaitive Industries 4.0. New York: Working Group.

Waluyo, A. (2016). Kepatuhan Bank Syariah Terhadap Fatwa Dewan Syariah Nasional Pasca Transformasi ke Dalam Hukum Positif. Inferensi : Jurnal Penelitian Sosial dan Keagamaan, 517.

Zheng, T., Ardolino, M., Bacchetti, A., Perona, M., & Zamardini, M. (2020). The impacts of Industry 4.0: a descriptive survey in the Italian manufacturing sector. Journal of Manufacturing Technology Management, 1085-1115.

Published
2021-12-31
How to Cite
Hasan, Z., & Nita Putri, M. R. (2021). Islamic Banking in Indonesia and Globalization in Era 4.0. Management Research Journal, 10(2), 103-111. https://doi.org/10.37134/mrj.vol10.2.8.2021