The Role of PLS Financing on Economic Growth: Indonesian Case

Masrizal, Masrizal; Trianto, Budi

doi:10.21098/jimf.v8i1.1378

Jurnal SINTA 1

The Role of PLS Financing on Economic Growth: Indonesian Case

Journal of Islamic Monetary Economics and Finance · Vol. 8 No. 1 (2022) · hlm. 49–64

DOI: 10.21098/jimf.v8i1.1378
ISSN: 2460-6618, 2460-6146
Terbit: 2022-02-28
Penerbit: Bank Indonesia
Bahasa: eng

Abstrak

This paper investigates the role of PLS financing and non-PLS financing of Islamic banks in supporting the real sector for the case of Indonesia using monthly data from January 2009 to December 2018. Applying the ARDL approach to model their long-run and short-run relations, we find positive contribution of the PLS financing scheme to Indonesia's economic growth. Comparing the PLS and non-PLS financing, we note that the PLS financing has a larger impact on growth, both in the long run and short run. Accordingly, for Islamic finance to have larger growth impact, concrete steps and initiatives must be put in place to increase Islamic financing based on PLS arrangements.

Kata kunci

Jaringan kolaborasi para penulis

8 penulis · 16 tautan kepenulisan bersama · 8 lintas organisasi

Arahkan kursor atau ketuk sebuah nama untuk menyorot rekan penulisnya. Klik dua kali untuk membuka halaman penulis.

Universitas Airlangga
International Islamic University Malaysia
Yarsi University
Universiti Brunei Darussalam
Afiliasi tidak diketahui

Organisasi berbeda
Organisasi sama
Afiliasi tidak diketahui
Garis lebih tebal = lebih banyak artikel bersama · lingkaran lebih besar = lebih banyak artikel

Tampilkan sebagai tabel

Rekan penulis	Organisasi	Artikel bersama
Nurul Huda	Yarsi University	2
Tasiu Tijjani Sabiu	Universiti Brunei Darussalam	2
Arridha Harahap	Universitas Airlangga	2
Sri Herianingrum	Universitas Airlangga	1
Miftahurrahman Miftahurrahman	Universitas Airlangga	1
Yayan Firmansah	International Islamic University Malaysia	1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) http://www.jimf-bi.org/index.php/JIMF/oai, pertama di-harvest 9 Nov 2026, terakhir terlihat 9 Nov 2026.

Metadata asli (oai_dc)

<oai_dc:dc xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/  http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
	<dc:title xml:lang="en">The Role of PLS Financing on Economic Growth: Indonesian Case</dc:title>
	<dc:creator xml:lang="en">Masrizal, Masrizal</dc:creator>
	<dc:creator xml:lang="en">Trianto, Budi</dc:creator>
	<dc:subject xml:lang="en">Islamic banking, PLS financing, Non-PLS financing, Economic growth, ARDL.</dc:subject>
	<dc:description xml:lang="en">This paper investigates the role of PLS financing and non-PLS financing of Islamic banks in supporting the real sector for the case of Indonesia using monthly data from January 2009 to December 2018. Applying the ARDL approach to model their long-run and short-run relations, we find positive contribution of the PLS financing scheme to Indonesia's economic growth. Comparing the PLS and non-PLS financing, we note that the PLS financing has a larger impact on growth, both in the long run and short run. Accordingly, for Islamic finance to have larger growth impact, concrete steps and initiatives must be put in place to increase Islamic financing based on PLS arrangements.&amp;nbsp;</dc:description>
	<dc:publisher xml:lang="en">Bank Indonesia</dc:publisher>
	<dc:date>2022-02-28</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://jimf-bi.org/JIMF/article/view/1378</dc:identifier>
	<dc:identifier>10.21098/jimf.v8i1.1378</dc:identifier>
	<dc:source xml:lang="en">Journal of Islamic Monetary Economics and Finance; Vol. 8 No. 1 (2022); 49 - 64</dc:source>
	<dc:source>2460-6618</dc:source>
	<dc:source>2460-6146</dc:source>
	<dc:source>10.21098/jimf.v8i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://jimf-bi.org/JIMF/article/view/1378/886</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2022 Budi Trianto</dc:rights>
</oai_dc:dc>