ANALYSIS OF ISLAMIC BANKING EFFICIENCY USING MAQASHID SHARIAH APPROACH (STUDY ON ISLAMIC BANKS IN INDONESIA AND MALAYSIA)

Abstract

This research aims to analysis of Islamic banking efficiency in Indonesia and Malaysia based on maqashid shariah approach. This research used individual education, creation of justice, and achievement of welfare to measure the efficiency variable. The research period was covered from 2011 to 2015 using data envelope analysis (DEA). The result showed that there were three (3) Islamic banking which reached efficient in Malaysia. They were Affin Islamic Bank Berhad which achieved efficiency in terms of distribution and profitability output, CIMB Islamic Bank achieved efficiency in terms of distribution output, and RHB Islamic Bank Berhad achieved the efficiency in terms of Distribution output. Meanwhile, there were two (2) Islamic banking which got efficient level in Indonesia. They were Bank Panin Syariah achieved efficiency level based on Distribution output and Bank Mega Syariah which got efficient based on output of Profitability and Personal Revenue output.