The Role of Indonesian Islamic Banks in Improving Economic Growth in Indonesia (Analysis of Opportunities and Obstacles of Islamic Banks Post Merger

Abstract

This study aims to determine the role of the Indonesian Islamic Bank (BSI) on economic growth in Indonesia after the merger analysis of opportunities and constraints. The research uses a qualitative approach with a field study research design. Data collection techniques were carried out by analyzing interviews and documentations. The results of the study state that the opportunities for Indonesian Islamic Banks in future are very high. Considering that many components support the creation of healthy and reliable Islamic banking. However, the opportunity to become established in Islamic banking cannot be separated from various challenges, both from within and from outside. All challenges need to be faced and solved, in order to sought the right solution for the advancement of Islamic Banking. The role of the economy is related to economic growth caused by the development of capital and funds from Bank Syariah Indonesia, which can increase financing in business and national development. Bank Syariah Indonesia has consolidated assets resulting from the merger of Rp239.56 trillion, making it the largest Islamic bank in Indonesia. The strength of the assets of Bank Syariah Indonesia, also includes intangible assets such as reputation, network, human capital, and management. Keywords: Merger, Indonesian Islamic Bank, Opportunities, Barriers, Economic Growt