THE OBJECTIVE OF ISLAMIC BANK: A CASE STUDY IN SURAKARTA REGION

Abstract

The purposes of this research were for exploring the perception of the Islamic Banking stakeholders related
with the objective of Islamic Banking that operated in the dual banking system, Indonesia and for measuring
the gap between the perception and expectation of the stakeholders toward the objective of Islamic bank. The
primary data was collected by questionnaires. The Respondents were limited only in the Surakarta region.
They were customers, lecturers, students, employees, bank managers, regulators, and ulama (Moslem religious
teachers). Factor analysis was conducted for grouping or classifying the variables into the same group which
had the same characters while Kruskall Wallis test was used for examining the different perception among the
stakeholders. At last, paired sample t-test was used to measure the gap between perception and expectation
among the stakeholders. The findings of this study were first, stakeholders concluded that social objective of
Islamic was more important than the commercial one; second, there was a significant different perception on the
Islamic Banking objective among the stakeholders; and third, there was a gap between the perception and
expectation of the stakeholders about Islamic Banking objectives.