期刊名称：Journal of Islamic Monetary Economics and Finance
印刷版ISSN：2460-6146
电子版ISSN：2460-6618
出版年度：2017
卷号：3
期号：1
页码：25-60
语种：English
出版社：Bank Indonesia
摘要：Bank run is an important economic phenomenon which increasingly occurred in in modern banking system and potentially threatened bankingstability as it could trigger a banking crisis.However,most studies related to bankrun focus on the occurrence of bank run in conventional banking system.Veryfew of them discuss the bank run phenomenon under Islamic banking system ordual banking system where lslamic banks jointly operating with conventionalbanks.Therefore,this study attempts to analyze the determinants of bank run inthe Indonesian lslamic banking industry by employing primary data from 256customers of Indonesia lslamic banks in 2015 and by utilizing factor analysis anddescriptive statistics.In theory,lslamic banks tend to be more resilient towardsany macroeconomic or financial shocks as compared to conventional banks dueto the nature of its asset-based and risk- sharing arrangement.However,theresult exhibits that both psychological and fundamental factors (i.e.macro-economics and bank fundamentals) strongly influence the behaviors of lslamicbanking depositors to withdraw their funds,which might triger the occurrenceof bank runs in the country.Insider information,macroeconomic condition andbank fundamental factors are also shown to have the highest impacts among allvariables.Hence,in the context of banking stability,the finding implies thatIslamic banks are not completely immune to the impacts of macroeconomicshocks or financial crisis.As a country with a dual banking system,Indonesia hadexperienced several bank runs since 1990s.Therefore,the findings of the studyshould provide the policy makers important insight into research based- policy inorder to attain financial stability as one of the main economic goals of thecountry.
