INNTISARI EVALUASI PORTOFOLIO PEMBIAYAAN BANK MUAMALAT CABANG SOLO BERDASARKAN AKAD PEMBIAYAAN MENGGUNAKAN MODEL MARKOWITZ

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1 INNTISARI EVALUASI PORTOFOLIO PEMBIAYAAN BANK MUAMALAT CABANG SOLO BERDASARKAN AKAD PEMBIAYAAN MENGGUNAKAN MODEL MARKOWITZ Khabib Soleh 12/341328/PEK/17417 Penelitian ini bertujuan untuk melakukan evaluasi terhadap komposisi portofolio pembiayaan berdasarkan akad di Bank Muamalat Cabang Solo selama periode penelitian apakah sudah efisien? Dan juga untuk menentukan set portofolio pembiayaan yang efisien bila kondisi pembiayaan relatif sama. Manfaat penelitian adalah memberikan informasi kepada manajemen Bank Muamalat Cabang Solo tentang optimasi portofolio selama periode penelitian dan memberikan referensi kepada manajemen Bank Muamalat Cabang Solo untuk membuat set portofolio yang efiisien berdasakan akad. Data yang digunakan adalah data internal pembiayaan Bank Muamalat Cabang Solo selama Januari 2011 Juli Metode penelitian yang digunakan dalam penelitian ini adalah mengukur pembiayaan yang efisien menggunakan model Markowitz dengan bantuan menggunakan software Invest. Kesimpulan dari penelitian ini, portofolio pembiayaan Bank Muamalat Cabang Solo selama periode penelitian tidak efisien, saran untuk kedepan adalah set portofolio pembiayaan dapat ditingkatkan porsi pembiayaan mudharabah bila bank besedia untuk mengambil risiko yang lebih tinggi namun bila bank menginginkan risiko yang lebih rendah maka bank dalat mengalokasikan pembiayaan murabahah yang lebih dominan Kata Kunci: portofolio pembiayaan efisien, portofolio pembiayaan Bank Muamalat Cabang Solo

2 ABSTRACT Financing in sharia bank uses different contracts, and each contract has specific characteristics, so that the return and risk of financing in sharia bank are also different for each financing contract. Muamalat Bank is a bank that operates with the principle of sharia, so that financing applied also uses contract in accordance with the principle of Islamic sharia. The financing contract used in Muamalat Bank of Solo Banch to date includes murabahah, mudharabah, and musyarakah, so that the composition of financing in Muamalat Bank of Solo is based on the contract. Therefore, it is necessary to make the composition of efficient financing portfolio in order to produce optimal return at a certain risk or at low risk with certain return. This study aims at evaluating whether or not the composition of financing portfolio based on contract in Muamalat Bank of Solo Branch is efficient and determining a set of efficient financing portfolio when financing condition is relatively the same. The benefit of the study is to provide information about the optimization of portfolio for the management of Muamalat Bank of Solo and provide reference to make a set of efficient portfolio based on contract. The data used in study were internal data about the financing given by Muamalat Bank of Solo from January 2011 to July The data were analyzed to measure efficient financing by using Markowitz model with the InVest software. Result of the study showed that the financing portfolio of Muamalat Bank of Solo at that period of the study was inefficient. It is suggested that a set of financing portfolio for the proportion of mudharabah can be increased if the bank will take a higher risk, but the bank want a lower risk, it can allocate the financing of murabahah more dominantly. Key Word: Portfolio Management, Sharia banking portfolio management, Portfolio Management Markowitz

3 Pak, mohon maaf, komposisi intisarinya dibuat kurang bagus. Menurut saya, komposisinya sebaiknya seperti ini: ABSTRACT Latarbelakang dan tujuan (terlalu banyak, buat 4-5 baris saja) Financing in sharia bank uses different contracts, and each contract has specific characteristics, so that the return and risk of financing in sharia bank are also different for each financing contract. Muamalat Bank is a bank that operates with the principle of sharia, so that financing applied also uses contract in accordance with the principle of Islamic sharia. The financing contract used in Muamalat Bank of Solo to date includes murabahah, mudharabah, and musyarakah, so that the composition of financing in Muamalat Bank of Solo is based on the contract. Therefore, it is necessary to make the composition of efficient financing portfolio in order to produce optimal return at a certain risk or at low risk with certain return. This study aims at evaluating whether or not the composition of financing portfolio based on contract in Muamalat Bank of Solo is efficient and determining a set of efficient financing portfolio when financing condition is relatively the same. Manfaat (untuk abstract biasanya tidak perlu) The benefit of the study is to provide information about the optimization of portfolio for the management of Muamalat Bank of Solo and provide reference to make a set of efficient portfolio based on contract. Metode (perlu ditambah) The data used in study were internal data about the financing given by Muamalat Bank of Solo from January 2011 to July The data were analyzed to measure efficient financing by using Markowitz model with the InVest software. Hasil (terlalu sedikit, buat lebih banyak daripada latarbelakang dan tujuan) Result of the study showed that the financing portfolio of Muamalat Bank of Solo at that period of the study was inefficient. Saran (untuk abstract, biasanya tidak perlu)

4 It is suggested that a set of financing portfolio for the proportion of mudharabah can be increased if the bank will take a higher risk, but the bank want a lower risk, it can allocate the financing of murabahah more dominantly.

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