I have pair assignment with my friend (Nida)
We studied collocation and learn story with a past tense
We already learnedin
web
www.ninikastutik91.blogspot.com
www.readingesl.com ^_^
Minggu, 30 Oktober 2016
Rabu, 21 September 2016
Task 3
Characteristics of Islamic banking operation based on partnership and mutual benefit principle.
Islamic bankingproviding an alternative banking system with mutual benefit for both the public
and the banks. Furthermore, the Islamic banking system envisioned by Bank Indonesia is a
modern Islamic banking with characteristics, universal and inclusive to all people of Indonesia
without exception. This refers to the present banking system applicative form of the concept
of Islamic economics wise formulated in the context of the current problems facing Indonesia
in the awareness of social and cultural conditions of the country's history. Bank Indonesia has
formulated a Grand Strategy Development Banking Market Islam, as a comprehensive strategy
of market development that includes strategic aspects, such as: defining the vision of 2010 as
Islamic banking leading the industry in ASEAN, creating a new image of Islamic banking
inclusive and universal, mapping market segment more accurately, developing a more diverse
product, service improvement and adopting new communication strategy of islamic banking
by placing it beyond the banking position. (The Islamic banking is more than just a bank).
TASK 2
Islamic Banking in Indonesia in
Brief
In
view of providing a wider banking services alternative to Indonesian economy,
the development of Islamic banking in Indonesia is implemented under dual
banking system in compliance [u1] with the Indonesian Banking
Architecture (API). Islamic banking and conventional banking systems jointly
and synergically support a wider public fund mobilization in the framework of fostering
financing capability of national economic sectors.
The
characteristic of Islamic banking operation is based on partnership and mutual
benefits principle provides an alternative banking system with mutual benefits
both for the public and the bank. This system will give priorities to aspects
related to fairness in transaction and ethical investment by underlining the
values of togetherness and partnership in production, and by avoiding any
speculative activity in financial transaction[u2] . By providing various
products and banking services supported by variative financial scheme,.Islamic banking will be a
credible alternative that can be benefited by all of Indonesian people without
exception.
In
the context of macro economic management, an extensive use of various Islamic
financial products and instrument will help attaching financial sector and real
sector and create harmonization between the two sectors. In addition to support
financial and business the widely use of islamic product and instrument will
also reduce speculative transactions in thus
the economy supports the stability of overall financial system. At the end, the
Islamic banking will significantly contribute to the achievement of mid-long
term price stability.
The
enactment of Act no. 21 of 2008
issued on July 16, 2008 has provided a more adequate legal base to the
development of Islamic banking in Indonesia ,and consequently will accelerate
the growth of the industry[u3] . With an impressive
development progress reaching an annual average asset growth of more than 65%
in the last five years, it is expected that Islamic banking industry will have
a more significant role in supporting national economy.
Policy of Islamic Banking Development in Indonesia.
”The
Blueprint of Islamic Banking Development in Indonesia ” prepared by Bank
Indonesia in 2002 provides guidance to stakeholders
of Islamic banking and to set the position and vision of Bank Indonesia in
developing Islamic bank in Indonesia. In the process of preparing this
Blueprint, various
aspects have been taken comprehensively into consideration such as the actual
condition of national Islamic banking industry including related tools[u4] , development trend of
Islamic banking industry within international scale as well as system
development of national Islamic finance that has started to be materialized and inseparable [u5] from wider architectural
landscape such as Indonesian Banking Architecture (API) and Indonesian
Financial System Architecture (ASKI) including international best practices
formulated by international Islamic financial institutions such as IFSB
(Islamic Financial Services Board), AAOIFI and IIFM.
The
development of Islamic banking was directed to provide the highest benefits to
the public and to give optimal contribution to national economy. [u6] Consequently its
development path is always referred
to other strategic plans, such as Indonesian Banking Architecture (API),
Indonesian Financial System Architecture (ASKI) as well as Medium Term National
Development Plan (RPJMN) and Long-Term National Development Plan (RPJPN).
Therefore, the policy in developing Islamic banking is a part and an activity
supporting the achievement of a larger scale strategic planning in developmnet
at national level.
”The
Blueprint of of Islamic Banking in Indonesia ” defines the vision, mission and
target of Islamic banking development as well as strategic initiatives with clear priorities in response to the main challenge
and in reaching the target for the next ten years by achieving significant
market share of Islamic banking through the advancement of the role of Islamic
banking in the national, regional and international financial activities with
other Islamic financial sectors.
In
the condition of its integration, in the short term, the phase of Islamic
banking development is more directed toward servicing the huge potential of
domestic market. In other words, Indonesian Islamic banking must be able to
become domestic player with an international quality in services and
performance.
Subsequently, the Islamic banking
system envisioned by Bank Indonesia
is a modern Islamic banking with open and universal characteristics and
inclusive to all Indonesian people with no exception. It refers to banking
system presenting applicative forms
of Islamic economic concept that is wisely formulated in the current context of
problems faced by Indonesia within the consciousness
of the historical socio-cultural condition of this country. Only by doing that,
the aspiration development of Islamic banking will always be recognized and
accepted by all Indonesian people as a part of the solutions to the various
problems encountered by this
country.
Grand Strategy of Islamic Banking Market Development
In
line with the concrete efforts in developing Islamic banking in Indonesia, Bank Indonesia
has formulated a Grand Strategy of Islamic Banking Market Development, as a
comprehensive strategy of market development covering strategic aspects, such
as: determining the vision of 2010 as the leading Islamic banking industry in
ASEAN, creating the new image of inclusive and universal Islamic banking,
mapping a more accurate market segment, developing more various products,
improving services as well as adopting new communication strategy of Islamic
banking by positioning it as a beyond banking position[u7] . ( Islamic banking is more
than just a bank).
Hence,
different concrete programs have and
will be
performed as the implementation stage of the Grand Strategy of Islamic Banking
Market Development including but not limited to the following measures:[u8]
First, assigning a new vision of Islamic banking
development on phase I in 2008 to build understanding in Islamic banking as
Beyond Banking by reaching an asset target of Rp 50 trillion and industrial
growth of 40%, phase II in 2009 with the objective of positioning Indonesian
Islamic banking as the most attractive one in ASEAN. Phase III in 2010 will have the objective
of attaining Indonesian Islamic
banking as a leading Islamic Bank in ASEAN[u9] .
Second, new image program of Islamic banking that
includes positioning, differentiation and branding aspects. The new positioning
of Islamic bank as banking that provides mutual benefits to both parties, differentiation aspect with
competitive advantages with various products and schemes, transparency, competent and ethical finance, updated and
user friendly information technology as well as qualified investment expert of
Islamic finance. Branding aspect will be represented by ”Islamic bank, more
than just a bank “( beyond banking).
Third, new mapping program which is more accurate on
Islamic banking market potential that generally directs Islamic bank services
as universal service or bank accessible for all kinds of people and all
segments in accordance with the strategy of each Islamic bank.
Fourth,
product development program directed to various[u10] products variations supported by the unique value
offered (mutual benefits) and strenghthened by a wide office network and the
use of easily comprehended standards of product name (example : deposit – iB,
financing – iB).
Fifth, program of service quality enhancement supported by competent
human resources and the supply of information technology to meet customer ’s
requirement and satisfaction. This competency is also expected to be able to
communicate products and services of Islamic banking to customer correctly and
clearly get always complying to sharia principles; and
Sixth, a wider and more efficient socialization
and educational program for public interest through various direct or indirect
(printing and electronic media, online/website) communication channels with the
objective of contributing comprehension on the advantages of Islamic banking
products and services that can be benefited by the public.
Documentation
on Sharia Banking:
- Codification of Islamic Banking Products
- Grand Strategy of Islamic Banking Market Development
- Investment Guide
- UU No.21 2008
Bold and Underline : Difficult word
22:47
Wednesday, September 21
-DIS-
Islamic Banking
Islamic Banking in Indonesia in
Brief
In
view of providing a wider banking services alternative to Indonesian economy,
the development of Islamic banking in Indonesia is implemented under dual
banking system in compliance with the Indonesian Banking Architecture (API).
Islamic banking and conventional banking systems jointly and synergically
support a wider public fund mobilization in the framework of fostering
financing capability of national economic sectors.
The
characteristic of Islamic banking operation is based on partnership and mutual
benefits principle provides an alternative banking system with mutual benefits
both for the public and the bank. This system will give priorities to aspects
related to fairness in transaction and ethical investment by underlining the
values of togetherness and partnership in production, and by avoiding any
speculative activity in financial transaction. By providing various products
and banking services supported by variative financial scheme,.Islamic
banking will be a credible alternative that can be benefited by all of
Indonesian people without exception.
In
the context of macro economic management, an extensive use of various Islamic
financial products and instrument will help attaching financial sector and real
sector and create harmonization between the two sectors. In addition to support
financial and business the widely use of islamic product and instrument will
also reduce speculative transactions in thus the economy supports the stability
of overall financial system. At the end, the Islamic banking will significantly
contribute to the achievement of mid-long term price stability.
The
enactment of Act no. 21 of 2008 issued on July 16, 2008 has provided a more
adequate legal base to the development of Islamic banking in Indonesia ,and
consequently will accelerate the growth of the industry. With an impressive
development progress reaching an annual average asset growth of more than 65%
in the last five years, it is expected that Islamic banking industry will have
a more significant role in supporting national economy.
Policy of Islamic Banking Development in Indonesia.
”The
Blueprint of Islamic Banking Development in Indonesia ” prepared by Bank
Indonesia in 2002 provides guidance to stakeholders of Islamic banking and to
set the position and vision of Bank Indonesia in developing Islamic bank in
Indonesia. In the process of preparing this Blueprint, various aspects have
been taken comprehensively into consideration such as the actual condition of
national Islamic banking industry including related tools, development trend of
Islamic banking industry within international scale as well as system
development of national Islamic finance that has started to be materialized and
inseparable from wider architectural landscape such as Indonesian Banking
Architecture (API) and Indonesian Financial System Architecture (ASKI)
including international best practices formulated by international Islamic
financial institutions such as IFSB (Islamic Financial Services Board), AAOIFI
and IIFM.
The
development of Islamic banking was directed to provide the highest benefits to
the public and to give optimal contribution to national economy. Consequently
its development path is always referred to other strategic plans, such as
Indonesian Banking Architecture (API), Indonesian Financial System Architecture
(ASKI) as well as Medium Term National Development Plan (RPJMN) and Long-Term
National Development Plan (RPJPN). Therefore, the policy in developing Islamic
banking is a part and an activity supporting the achievement of a larger scale
strategic planning in developmnet at national level.
”The
Blueprint of of Islamic Banking in Indonesia ” defines the vision, mission and
target of Islamic banking development as well as strategic initiatives with
clear priorities in response to the main challenge and in reaching the target
for the next ten years by achieving significant market share of Islamic banking
through the advancement of the role of Islamic banking in the national,
regional and international financial activities with other Islamic financial
sectors.
In
the condition of its integration, in the short term, the phase of Islamic
banking development is more directed toward servicing the huge potential of
domestic market. In other words, Indonesian Islamic banking must be able to
become domestic player with an internatioal quality in services and
performance.
Subsequently,
the Islamic banking system envisioned by Bank Indonesia is a modern Islamic
banking with open and universal characteristics and inclusive to all Indonesian
people with no exception. It refers to banking system presenting applicative
forms of Islamic economic concept that is wisely formulated in the current
context of problems faced by Indonesia within the consciousness of the
historical socio-cultural condition of this country. Only by doing that, the
aspiration development of Islamic banking will always be recognized and
accepted by all Indonesian people as a part of the solutions to the various
problems encountered by this country.
Grand Strategy of Islamic Banking Market Development
In
line with the concrete efforts in developing Islamic banking in Indonesia, Bank
Indonesia has formulated a Grand Strategy of Islamic Banking Market
Development, as a comprehensive strategy of market development covering
strategic aspects, such as: determining the vision of 2010 as the leading
Islamic banking industry in ASEAN, creating the new image of inclusive and
universal Islamic banking, mapping a more accurate market segment, developing
more various products, improving services as well as adopting new communication
strategy of Islamic banking by positioning it as a beyond banking position. (
Islamic banking is more than just a bank).
Hence,
different concrete programs have and will be performed as the implementation
stage of the Grand Strategy of Islamic Banking Market Development including but
not limited to the following measures:
First, assigning a new vision of Islamic banking
development on phase I in 2008 to build understanding in Islamic banking as
Beyond Banking by reaching an asset target of Rp 50 trillion and industrial
growth of 40%, phase II in 2009 with the objective of positioning Indonesian
Islamic banking as the most attractive one in ASEAN. Phase III in 2010 will
have the objective of attaining Indonesian Islamic banking as a leading Islamic
Bank in ASEAN.
Second, new image program of Islamic banking that
includes positioning, differentiation and branding aspects. The new positioning
of Islamic bank as banking that provides mutual benefits to both parties,
differentiation aspect with competitive advantages with various products and
schemes, transparency, competent and ethical finance, updated and user friendly
information technology as well as qualified investment expert of Islamic
finance. Branding aspect will be represented by ”Islamic bank, more than just a
bank “( beyond banking).
Third, new mapping program which is more accurate on
Islamic banking market potential that generally directs Islamic bank services
as universal service or bank accessible for all kinds of people and all
segments in accordance with the strategy of each Islamic bank.
Fourth, product development program directed to
various products variations supported by the unique value offered (mutual
benefits) and strenghthened by a wide office network and the use of easily
comprehended standards of product name (example : deposit – iB, financing –
iB).
Fifth, program of service quality enhancement
supported by competent human resources and the supply of information technology
to meet customer ’s requirement and satisfaction. This competency is also
expected to be able to communicate products and services of Islamic banking to
customer correctly and clearly get always complying to sharia principles; and
Sixth, a wider and more efficient socialization
and educational program for public interest through various direct or indirect
(printing and electronic media, online/website) communication channels with the
objective of contributing comprehension on the advantages of Islamic banking
products and services that can be benefited by the public.
Documentation
on Sharia Banking:
- Codification of Islamic Banking Products
- Grand Strategy of Islamic Banking Market Development
- Investment Guide
- UU No.21 2008
Greetings From Around The World
I got it from Mashable.com this post writing by kathleen wong
you can get other topic in :
http://mashable.com/2015/03/15/greetings-around-the-world/#36ZuE8zdl8qq
What did your write in your blog?
Hey friends!
Yellow,..Yellow,...Do you like that color.Such amazing color isn't?
Ohayo gozaimasu, hajimemasite, Watashi wa Dewi desu,
Dozo yoroshiku onengaisimasu
I want to introduce my self.My name is Dewi
Insyirahti S.You can call me Dewi,Dew,Wi,or Insyirah.In this section, I will
tell you about
‘What did your write in your blog?’
Why I choose this topic? There are any reason why I choose
it (CMIIW)
First, I want to impove my English …...(I want to
fluently in english language guys! ^_^)
Second, To finishing my task wkkk (LOL)
Function of Blog
Blog as writing practice Student (Not me)don’t tend to write unless they
have to!
Blog as journals
Blog as collaboration
Blog as Research You
can share the article and etc
Class blog
creating blog for a homepage of
the class
It’s difficult to me to understand blog as jornal
and collaboration.I need your participation guys! please help me.It is easy isn’t?Just comment in my blog.Thank you.
Fastabiqul Khairats
-DIS-
21/09/2016
20:50
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