Loan Financing as a Tool for Nonincumbent House Candidates

The study investigates the determinants of bank loan financing of Chinese listed companies from 1996 to 2009. The empirical results suggest that the channels through which companies obtain bank loans are different. Companies controlled by the state can more easily obtain loans from state-owned commercial banks and policy banks, while privately controlled companies have significantly larger access to loans from foreign banks. The empirical results also show that political connectedness and institutional development are the significant determinants of the bank loan financing of private companies. If companies locate in an area with higher level of institutional development, the proportion of their loans from state-owned banks is smaller than that of companies locate in areas with lower level of institutional development

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Empowerment of Small Businesses through The Implementation of Qardhul Hasan Financing

Journal of Socioeconomics and Development ◽

10.31328/jsed.v2i2.1077 ◽

2019 ◽

Vol 2 (2) ◽

pp. 99

Author(s):

Masyhuri Machfudz ◽

Nahdhiatun Kamila

Keyword(s):

Small Businesses ◽

Jel Classification ◽

Small Scale ◽

Creative Economy ◽

Management Mechanism ◽

Loan Financing ◽

Research Objects ◽

The City

The research aims to describe Qardhul Hasan financing and recognize the problems faced in micro businesses in the city of Malang. The study was conducted on two research objects. The first study was on a used motorcycle dealer business that received Qardhul Hasan during the 2016-2018 period. The second study in 2019, was the implementation of Qardhul Hasan in small-scale creative economy traders, whose source of funding came from 2.5 percent of profits from used motorcycle dealers. The results showed that the implementation of Qardhul Hasan financing was quite profitable. Qardhul Hasan who is allocated to the creative economy group indicates a feeling of happiness and calm because loan repayments are not burdened with costs, besides having flexibility from the time of repayment. Economic actors managed to collect savings from repaying loan installments. Qardhul Hasan funding received a reasonably good response from economic actors. Qardhul Hasan loan recipients should be able to maintain trust and uphold the agreements that have been built. This study has implications for the development of Qardhul Hasan, namely strengthening the concept of Qardhul Hasan as loan financing, and strengthening groups for small businesses to run the Qardhul Hasan management mechanism JEL Classification: D14, Q21, G51

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Implementasi Akad Murabahah Pada Produk Pembiayaan Kredit Pemilikan Rumah (KPR) di Bank Syariah Mandiri KC Bojonegoro Menurut Hukum Ekonomi Syariah

Jurnal Justisia Ekonomika: Magister Hukum Ekonomi Syariah ◽

10.30651/justeko.v3i1.2960 ◽

2019 ◽

Vol 3 (1) ◽

Author(s):

Anis Muhtarom

Keyword(s):

Legal Theory ◽

Field Research ◽

Mortgage Loan ◽

Mortgage Loans ◽

Economic Law ◽

Loan Financing ◽

Qualitative Descriptive ◽

System F ◽

To Receive

This study discusses about how the implementation of the murabahah bil wakalah contract theory on mortgage products in the Bank Syariah Mandiri KC Bojonegoro is seen from the perspective of Sharia Economic Law. The scope of this research is limited to the following issues: (1) How is the implementation of the murabahah contract on mortgage loans in Bank Syariah Mandiri KC Bojonegoro? (2) How is the implementation of the murabahah contract on mortgage loan products in the Bojonegoro KC Mandiri Syariah Bank according to the Sharia Economic Law? This research includes the type of field research. Because this research was conducted at Bank Syariah Mandiri KC Bojonegoro. This research is a qualitative descriptive study because in this study the author will focus the discussion on legal facts in the form of the implementation of financing between banks and customers with murabahah contracts which will then be continued with a comparative analysis of the legal facts referred to as sharia economic law theories. This is intended to test the compatibility between legal theory and the legal practice in question.The results of this research include: (1) The mechanism that must be taken to be able to receive financing for Public Housing Loans from Bank Syariah Mandiri KC Bojonegoro, is carried out through predetermined stages including: (a) submission; (b) BI checking / IDeb (debtor information); (c) the implementation of collateral estimates; (d) determination of ceilings; (e) Imputing data into a computer system; (f) approval of the official for mortgage loans; (g) Issuance of SP3 (Letter of Notification of Financing Approval); (h) Implementation of the contract which is attended by prospective customers, banks and notaries; (i) Disbursement. As for the agreements made between prospective customers and banks, there are elements as follows: (a) Contracting parties; (b) Sighat or iqab qabul akad murabahah; (c) Contract object. The object of the contract referred to in the housing loan product is a new or used house; (d) Nature of contract. Agreements are made clearly, both concerning objects, ceilings, time periods, contract places, financing nominal, margin obtained by the bank, and principal installments. In the event of default or bad credit where the customer is late in paying the installments, the bank's contribution will take the following steps: (a) Intensive billing; (b) Provision of Warning Letters 1, 2 and 3; (c) A restructuring offer (if the customer is pleased), ie installments are adjusted to the customer's ability and large at the end; (d) Voluntary guarantee selling offers; (e) Guaranteed auction. In a condition where the customer is not willing to carry out a contract restructuring, the bank offers that the auction of assets is a guarantee of the akah murabahah. As for the auction, the bank cooperates with a secret auction agency. (2) The implementation of housing loan financing with a murabahah contract in Bank Syariah Mandiri KC Bojonegoro is not in accordance with Sharia Economic Law originating from Law Number 21 of 2008 concerning Islamic Banking, MA Regulation Number 2 of 2008 concerning Compilation of Sharia Economic Law and DSN-MUI fatwa Number 4 of 2000 concerning Murabahah. Keywords: Contract, Murabahah bil Wakalah, KPR, BSM, Sharia Economic Law.

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Analisis Faktor-Faktor yang Memengaruhi Kelancaran Pengembalian Pembiayaan Murabahah pada Usaha Mikro, Kecil, dan Menengah (UMKM) di BMT Taruna Sejahtera

MUQTASID Jurnal Ekonomi dan Perbankan Syariah ◽

10.18326/muqtasid.v7i1.55-72 ◽

2016 ◽

Vol 7 (1) ◽

pp. 55

Author(s):

Tri Andina Rahayu

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Multiple Linear Regression ◽

Financial Institution ◽

Linear Regression Analysis ◽

Personal Characteristics ◽

Multiple Linear Regression Analysis ◽

Rate Of Return ◽

Level Of Education ◽

Loan Financing

A problem arising from the distribution of defrayal is often caused by a delay in repayment of financing that could interfere in liquidity and profitability of financial institution. One of BMTs that has good achievement in Semarang is BMT Taruna Sejahtera with a percentage of the value of arrears of the last few years has decreased. This achievement needs to be maintained and improved until the problems can be solved. This research was conducted at BMT Taruna Sejahtera starting from February to August 2014 using a purposive sample of 85 debtors. All the factors which are supposed to influence the rate of return on the financing were analyzed using multiple linear regression analysis. As the response variable in the analysis, that is the level of the smoothness in returning defrayal (Y) in which the predictor variables are the personal characteristics consisting of the level of education and age. Based on the results of multiple linear regression analysis, the factors that affect the rate of return is the value of the loan financing, business turnover, and level of education. It means the higher the value of the loan, the business turnover and debtor’s education level, the greater the chances of returning of murabaha defrayal

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Information Sharing, Holdup, and External Finance: Evidence from Private Firms

Review of Financial Studies ◽

10.1093/rfs/hhy110 ◽

2018 ◽

Vol 32 (8) ◽

pp. 3075-3104 ◽

Cited By ~ 1

Author(s):

Andrew Bird ◽

Stephen A Karolyi ◽

Thomas G Ruchti

Keyword(s):

Information Sharing ◽

Private Information ◽

Estimation Bias ◽

Private Firms ◽

Proprietary Costs ◽

External Finance ◽

Financing Costs ◽

Loan Financing ◽

Editorial Decision ◽

Share Information

Abstract To mitigate holdup by an informed incumbent lender, a private borrower may publicly share information in order to increase lender competition. Despite proprietary costs, a subset of private borrowers voluntarily share private information in loan and credit underwriting agreements. These borrowers switch lenders at a 16% higher rate and receive lower loan financing costs. For private firms that go public, we analyze changes in the net benefits of information sharing and study the potential estimation bias from unobservable borrower quality. This setting corroborates our inference that voluntary information sharing reduces lender holdup and alleviates financial constraints for private firms. Received May 25, 2017; editorial decision August 8, 2018 by Editor David Denis.

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Loan financing for assistive technology: strategies for development, current programs, and recommendations for the future

Technology and Disability ◽

10.3233/tad-1996-53-405 ◽

1996 ◽

Vol 5 (3-4) ◽

pp. 255-265

Author(s):

Joseph F. Wallace ◽

Kenneth H. Knorr

Keyword(s):

Assistive Technology ◽

The Future ◽

Loan Financing ◽

Technology Strategies

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Motor vehicle lease agreement with fiduciary warranty

E3S Web of Conferences ◽

10.1051/e3sconf/20185200003 ◽

2018 ◽

Vol 52 ◽

pp. 00003

Author(s):

Agustining ◽

Ningrum Natasya Sirait

Keyword(s):

Law Enforcement ◽

Financial Services ◽

Motor Vehicle ◽

Motor Vehicles ◽

Legal Basis ◽

Legal Research ◽

Legal Provisions ◽

Loan Financing ◽

Ministry Of Finance ◽

Lease Agreement

Purchasing motor vehicles with instalment (credit) is currently becoming favourite choice by many people including people who live in plantation and agriculture area. There are several reasons, such as easy pre-requirements, low down payment and saving time. The financing institutions that generally deal with motor vehicle credit are financing companies and banks. Although, they are different in their operational legal basis, in practice, financing company and bank fall under the category of fiduciary warranty agreements. This study focus on the potential fraud on law in financing of capital goods. This study used the normative and empirical legal research methods. In the end of the study, it found that it used loan financing with fiduciary guarantee not a lease agreement. As a consequence, the use of fiduciary warranty by financing company in a lease does not accord with the law and considered to be illegal. Last but not least the study found that Ministry of Finance and the Financial Services Authority (Otoritas Jasa Keuangan/OJK) as supervisory agencies financing business must to ensure law enforcement, certainty and effective oversight. OJK should provides sanctions for financing companies which do not comply in accordance with the legal provisions.

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