MEETING THE CHALLENGES IN HUMAN CAPITAL DEVELOPMENT FOR ISLAMIC FINANCE INDUSTRY:
A TAZKIA EXPERIENCE
Dr. Muhammad Syafii Antonio, M.Ec Chairman of TAZKIA, ARK, ASYKI, PayTren KEIN & Shariah Council of IDB Jeddah
Jl. Ir. H. Juanda No.78 Sentul City
Outline 1. 2. 3. 4. 5. 6.
Believe Before Action Knowledge Integration Balancing the skill and competence Hard VS Soft Competences Developing Sense of Responsibility Learning and Education Model
Strategic Values to Believe in
TAZKIA STRATEGIC VALUE Tauhid (belief) Amanah (trust) Zero Defect & Quality Knowledge & Competence Innovative & Istiqamah Achievement through team work
Balancing the skill and competence
Shariah
Finance
iB – Business Transformation
Spin-Off/Transformation of Shariah Banking Unit/UUS, Bank Jabar Banten into Bank BJB Syariah 2008 – 2009
Transformation of Shariah Banking Unit/UUS, PT. Bank BRI Tbk. into Bank BRI Syariah through acquisition and conversion of Bank Jasa Artha 2006 – 2007
7 Susila Bhakti (BSB) to Transformation/full conversion of Bank Bank Syariah Mandiri (BSM) 1999
iB – Est. of Shariah Unit Establishment of Shariah Unit (UUS) of Bank Bukopin, 2000 Establishment of Shariah Unit (UUS) of Bank Jabar, 2000
Establishment of Shariah Unit (UUS) of Bank Danamon Indonesia, 2002 Establishment of Shariah Unit (UUS) of Bank BII, 2003 Establishment of Shariah Unit (UUS) of Bank BPD Aceh, 2003-2004 Establishment of Shariah Unit (UUS) of Bank Sumut, 2004 Establishment of Shariah Unit (UUS) of Bank BTN, 2004-2005
Establishment of Shariah Unit (UUS) of Bank BPD Kaltim, 2006 Establishment of Shariah Unit (UUS) of Bank Ekspor Indonesia, 2006-2007 8 Establishment of Shariah Unit (UUS) of Bank BPD Jateng, 2007
Non-bank – Est. of Shariah Unit Establishment Shariah Branch at Asuransi Panin Life Tbk.
Establishment Shariah Branch at Asuransi Ramayana
Establishment Shariah Branch at Asuransi Wana Artha
Establishment Sharia Custodian Bank at Citigroup
Establishment Shariah Multi Finance at Bhakti Finance
Establishment Shariah Multi Finance at KITA Finance
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Knowledge Integration
Knowledge Integration Process
Islamic Modification
Insertion
Conventional
Conventional (1-10 %)
Insetion (11-33 %)
Integration process
Modification (33% -63%)
Islamic (64-100%)
Hard VS Soft Competences
MICRO FINANCE VILLAGES
Pro-LM Model, Patent No. 032865 @ 2005 Copyright © Muhammad Syafii Antonio
INTEGRITY FOR PERSONAL EXCELLENCE
BELIEVE (TAUHID) HONESTY HALAL ORIENTED
TRUSTWORTHY FOR INTER-PERSONAL CAPITAL
AMANAH (RELIABILITY) EMOTIONAL AND PHYSICAL FITNESS ACCOUNTABILITY
COMPETENCY FOR PROFESSIONALISM & QUALITY
KNOWLEDGE MANAGEMENT ITQAN FOR QUALITY DRIVEN EFFECTIVE TIME
MANAGEMENT
COMMUNICATIVE FOR VISIONARY LEADERSHIP
CLEAR VISION TEAM WORK MOTIVATION AND INSPIRATION
Developing Sense of Social and Economic Responsibility
The SME Empowerment “House” Economic Wellbeing of SMEs Risk Protection/ Social Security
BAYTUL MAAL
Saving
Commercial Financing
Micro Credit
Shadaqah/ Charity
BAYTUT-TAMWIL LKM, BMT, BPRS
BAYTUT TA’MIN
ECONOMIC EMPOWERMENT STRATEGY FOR LOW INCOME SOCIETY Community ABC Zakat Infaq Shadaqah
BAYTUT TAMWIL ABC
BAYTUL MAAL ABC
grant, education, institutional/capacity building, soft loan
Membership saving Regular saving Voluntary saving
Deposit, and dedicated financing
BPRS BAYTUT TA’MIN
LKMK
KBMT BM local
life, health, general, pension, etc
Urban poor/village needy/small and micro enterprises
city/small town/village
Woman as Second Economic Egine of the Family
WEEKLY DISBURSEMENT AND SAVING ACTIVITIES
INITIAL SOCIALIZATION
LEARNING MODEL
EDUCATION & LEARNING PROCESSS Candidates graduated from SMU, SMK and Aliyah
1 year Students have to undertake matriculation program (boarding)
Selection: Academic Potential Test (TPA) / SMART Tes
Research for Academician
Placement Test: Arabic, English, Mathematics & Computer
Motivator for People’s Economic Development
Matriculation: Arabic English Mathematic Computer Effective Learning Methods Leadership Dirasah Islamiyah
On the Job Training for Professional
Feasibility Studies for Entrepreneur
5 Months Tutorial (Boarding – 1 month)
Examined by both Internal and External Examiner Learning Process: 2,5 YEARS
Graduates Bourse
EXECUTIVE
ENTREPRENEUR
GRADUATES
COMDEV
ACADEMICIAN
LEAF FROG STRATEGY
DOUBLE DEGREE
Tazkia Experiences on education
Jl. Ir. H. Juanda No.78 Sentul City
Coordination Among 3 Authorities OTORITAS JASA KEUANGAN Bank Syariah Unit Usaha Syariah BPRS LKNB syariah Obligasi pemerintah Obligasi Korporasi
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Bank BPR Dana Pensiun Pegadaian Asuransi Reksadana Multifinance
OTORITAS MONETER Bank Indonesia
Perbankan
Proyek Pemerintah
aliran dana Non Bank
Aktifitas Ekonomi aliran dana
Pasar Obligasi Pasar saham
OTORITAS FISKAL
Sektor Produktif Industri Agriculture Perdagangan
Pasar Keuangan Proyek Swasta
Proyek-proyek pemerintah Infrastruktur Pendidikan Kesehatan Sosial Pemetaan per wilayah per proyek per tenor per skala usaha
LINKAGE LEMBAGA KEUANGAN SYARIAH
Komite Perbankan Syariah
Dewan Syariah Nasional IAI Baznas Basyarnas Dewan Pengawas Syariah Islamic Insurance/Takaful
Bank Syariah
UUS Depositors - Publik - Pemerintah - Asing (terbatas)
Asosiasi Central Bank Investment Certificate Medium and Large Business Islamic Money Market
BPRS
Lembaga Rating Islamic Capital (Sukuk) Market
BMT Small and Micro Business Lembaga Penjamin
LKS non bank
Islamic Stock Market
Komponen Kompetensi Karya
Tampak
Perilaku
P
Pengetahuan
S
Ketrampilan
Tersembunyi
B M K
Sikap Karakter Motivasi Bakat
K
P N
Lingkungan
Model Gunung Es dan Lingkaran Terpusat Kompetensi © JS
Jenis Kompetensi & Profesi Karya
Penyanyi, Artis
Pengetahuan
Konsultan, Juru Taksir
Ketrampilan
Pilot, Tukang Las
Perilaku
Kasir, Operator Telpon
Sikap Motif Bakat
Penerima Tamu Sales Tester
© JS
Sistem MSDM-BK Terpadu Performansi Pelatihan & pengembangan
Kompensasi
Rekrutmen
Informasi : Jabatan : kompetensi yang dibutuhkan Individu : kompetensi yang dimiliki -
Perencanaan suksesi
Seleksi
Evaluasi dan Job desain Jalur karir
© JS
Infrastruktur Keuangan Syariah Regulations: licensing & supervision
BANK INDONESIA
Fatwas
Certification Institutions for Microfinance Professionals
Certification for BoD
Deposit Insurance Corporation
National Sharia Board
Financial Service Authority (OJK)
A wholesale Apex for Financing MSMEs Projects
National Islamic Arbitrage Board
Capicity Building
Dispute Mediation
Statement of Financial Accounting Standard
Indonesian Institute of Accountants
TA, advocacy & Participation in Policy Dialogue
Strategi Mendorong Pertumbuhan Industri Perbankan Syariah
Supporting the development of Human resources and service excellence
Market creation Higher efficiency
Competitive ness
Developing Infrastructure: liquidity market, market information
Regulatory synchronization (AKSI)
Prudential regulation and supervision
positioning LEGEND: Long-Mid Term Impact
Quick Win
Capital acc’ion
Tax incentives plus dividend policy and remuneration scheme
Economic of scale
Establishing Sharia State owned banks: BUMNs, BPD Holding, Conversion
High growth Fin & Op’nal s’ness
Willingness to utilize iBs in government projects and activities, and relaxation on NOP, GWM, Modal
Lower risk premium
Cross-sectorial financing: e.g. voluntary sector
Higher preference
Support to create new Industrial Branding
Potensi Pengembangan Bisnis Bank Potensial Market Bisnis Model Syariah Government
• Dana Haji Daftar tunggu Calon Haji mencapai sekitar 1 juta orang (Mei 2012). Potensi dana haji sekitar Rp 25 T, 19% dikelola bank syariah (4,5 T). • Dana pembangunan infrastruktur yang disalurkan melalui Kementerian Pekerjaan Umum Rp 75,15 triliun • Kebutuhan dana pembangunan infrastruktur untuk mendukung MP3EI sd 2025 sebesar Rp 1.923 triliun • Sektor Pertambangan 150 T
•
Corporate
Retail Produktif (SMEs)
Retail Konsumtif
Unbankable (micro)
Pembiayaan IDB untuk swasta dalam negeri senilai US$1,1 miliar hingga 2014. • High net worth individual (HNWI) Indonesia Oktober 2011 mencapai 112 ribu orang (Credit Suisse Research Institute) • Investor lokal di Indonesia (Juni 2012) sebanyak 363.094 orang atau 0,2 persen dari total penduduk Indonesia
• •
Investment Banking Development/ Infrastructure Banking Special Purpose Banking for Hajj Agriculture Banking
Infrastructure Banking Corporate/Wholesale Banking Investment Banking
Sektor usaha di Indonesia diidominasi UMKM dg pangsa 99.9% (53.823.732 unit) Pangsa Kredit Perbankan ke sektor UMKM 20.7% (481.2 T)
Commercial Banking Retail Business Banking
Middle Class meningkat GDP meningkat, angka kemiskinan menurun, konsumsi masy meningkat Nasabah Mass Affluent dengan Layanan 24/7 Peningkatan kelas menengah 9 juta jiwa/tahun+baglock perumahan 13,6 juta unit Total kebutuhan rumah per tahun bisa mencapai 2,6 juta rumah (REI) Proyeksi penjualan mobil tahun 2012 mencapai 875,000 unit (GAIKINDO)
Consumer Banking Retail Banking
• 50% populasi dewasa belum memiliki akses finansial formal • Total penyaluran dana KUR Pemerintah 2011 20 T(2011) • Target populasi Buruh Migran domestik & internasional dan masyarakat terpencil
Micro Banking Branchless Banking Community Banking (for women)
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9. Basic Requisites for Islamic Managers 1. Working knowledge of Arabic needed for understanding of the Qur’an, the sunnah and fiqh literature. 2. Knowledge of ayat and ahadith that deal explicitly and implicitly with financial matters 3. Knowledge of Islamic jurispudence, the methodology of usul-al-fiqh and the objectives of shari’ah as well as the qawaid-al-fiqhiyyah 4. Knowledge of fiqh al-Maal and al-Milkiyyah (property and property rights) 5. Knowledge of fiqh al-Buyu’ (Islamic laws relating to market and exchange)
6. Knowledge of application of shari’ah in financial transactions with particular emphasis on Islamic contracts of exchange as a method of financing, such as mudarabah (agency, trust financing), musharaka (partnership, profit-sharing), ijarah (leasing), bai’ murabaha bi saman ‘aajil (markup leased trading with deferred payment), bai’ istisna’ (construction contract), bai’ salam (forward sale), etc. 7. Knowledge of comtemporary innovations in the use of sale of contracts as tools for financing, such as sukook. 8. Skills needed for customer satisfaction 9. Knowledge of views of contemporary Muslim thinkers on financial matters 10. Competence to conduct ijtihad in development of new Islamic products
