Sebagai salah satu solusi menangani

Sebagai salah satu solusi menangani masalah likuiditas di perbankan syariah serta untuk mendorong peningkatan transaksi di pasar Sukuk dan PUAS (Pasar Uang Antar Bank Berdasarkan Prinsip Syariah), 18 Bank anggota Indonesian Islamic Global Market Association (IIGMA) sepakat untuk menggunakan Mini Master Repo Agreement (MRA) Syariah sebagai dokumen acuan pada Transaksi Repurchase Agreement Surat Berharga Syariah Berdasarkan Prinsip Syariah (Transaksi Repo Syariah). Kesepakatan tersebut diwujudkan melalui penandatangan MoU pada tanggal 2 Juli 2015 di Jakarta.

Transaksi repo syariah adalah transaksi penjualan surat berharga syariah oleh peserta PUAS kepada peserta PUAS lainnya yang dilakukan berdasarkan prinsip syariah dengan janji pembelian kembali untuk jangka waktu sampai dengan 1 (satu) tahun. Mekanisme transaksi repo syariah telah diatur sebelumnya oleh Bank Indonesia melalui PBI No. 17/4/2015 tanggal 27 April 2015 dan SEBI No.17/10/DKMP.

Kesepakatan ini dilakukan karena mempertimbangkan potensi industri keuangan syariah di Indonesia, sedangkan disisi lain pengelolaan likuiditas dalam dunia keuangan syariah belum optimal. Potensi perkembangan industri keuangan syariah ditandai dengan telah berdirinya 12 Bank Umum Syariah, 22 Unit Usaha Syariah dan 162 Bank Pembiayaan Rakyat Syariah (BPRS) dengan jumlah kantor mencapai 2891 yang tersebar di seluruh Indonesia serta prospek pasar keuangan syariah juga tumbuh sangat baik di Indonesia, sampai dengan Mei 2015 total emisi Sukuk telah mencapai Rp13,57 Triliun.

Pengelolaan likuditas dalam industri keuangan syariah merupakan salah satu tantangan yang paling mengemuka, kendala yang dihadapi antara lain masih terbatasnya credit line dan credit limit antar pelaku, limit likuiditas yang dapat diberikan induk relatif terbatas dan akan sangat berkaitan dengan kondisi likuiditas induk, tidak semua Bank Umum Syariah (BUS) memiliki induk sehingga kebutuhan likuiditas yang mendesak belum tentu dapat diatasi dalam waktu singkat, pasar sekunder Sukuk yang terbatas serta deposito antar Bank yang relatif mahal dan berkaitan dengan ada atau tidak adanya credit line.

Deputi Gubernur Bank Indonesia, Erwin Rijanto mengharapkan dengan adanya kesepakatan ini, pengelolaan likuditas industri keuangan syariah khususnya perbankan syariah dapat terjaga serta mampu mendorong peningkatan transaksi baik di pasar Sukuk maupun PUAS dan pada akhirnya akan semakin memantapkan program financial market deepening yang saat ini menjadi salah satu kebijakan strategis di Bank Indonesia.

Kedepan, kesiapan infrastruktur dan instrument pasar keuangan syariah dalam pengelolan likuiditas sangat diperlukan sejalan dengan makin tingginya komitmen pemerintah untuk mendukung perkembangan industri keuangan syariah.

Results (English) 1:

As one of the solutions to deal with liquidity problems in Islamic banking as well as to encourage an increase in transactions in the market for Sukuk and satisfied (interbank market based on sharia principles), 18 members of the Indonesian Islamic Bank Global Market Association (IIGMA) agreed to use the Mini Master Repo Agreement (MRA) as a reference document on Islamic Transactions Repurchase Agreement Securities based on Sharia Islamic Principles (Sharia Repo Transactions). The deal is realized through the signing of the MoU on July 2, 2015 in Jakarta. Transactions repo transaction is a sale of Shariah-compliant securities by the Shariah of the participants are SATISFIED to SETTLE for other participants conducted based on sharia principles with the promise of buyback for a period of up to one (1) year. Repo transaction mechanism of Sharia has been arranged in advance by Bank Indonesia through PBI No. 7/4/2000 27 April 2015 and SEBI No. 17/10/DKMP. This deal was done because considering the potential of the Islamic finance industry in Indonesia, while on the other hand the management of liquidity in the world of Islamic finance is not yet optimal. The potential for the development of Islamic finance industry has been marked by the establishment of 12 public Bank Syariah, 22 business units Syariah and Islamic Financing Bank Rakyat 162 (BPRS) and the number of offices achieve 2891 spread all over Indonesia as well as the prospect of the Islamic finance market also grew very well in Indonesia, until May 2015 total emissions Sukuk have reached Rp13,57 trillion. Management of likuditas in the Islamic finance industry is one of the most prominent challenges, constraints encountered, among others, are still limited credit line and credit limit between the offender, limit liquidity that can be given relatively limited and the parent would be so concerned with the condition of liquidity, not all public Bank Syariah (BUS) carriers have so urgent liquidity needs not necessarily be overcome in a short time Sukuk secondary market, which is limited as well as interbank deposits are relatively expensive and associated with the presence or absence of credit line. Deputy Governor of Bank Indonesia, Erwin Rijanto expect with these agreements, the management of the likuditas Islamic finance industry especially Islamic banking can be awake and able to encourage good deals in the market for Sukuk nor satisfied and eventually stabilizing financial market deepening program currently being one of the strategic policy at Bank Indonesia. In the future, infrastructure and readiness instrument the Islamic finance market in the employee administration much needed liquidity in line with increasing the Government's commitment to support the development of the Islamic finance industry.

Results (English) 2:

As one solution to address the issue of liquidity in the Islamic banking and to encourage an increase in transactions in the market Sukuk and SATISFIED (Interbank Money Market Sharia), 18 Bank members of Indonesian Islamic Global Market Association (IIGMA) agreed to use the Mini Master Repo Agreement (MRA ) Sharia as a reference document on Securities Repurchase Agreement Sharia Sharia (Islamic Repo Transactions). The agreement is realized through the signing of the MoU on July 2, 2015 in Jakarta. The repo transaction sharia is the sales transactions of Islamic securities by participants SATISFIED to participants SATISFIED more done based on sharia principles with the promise of repurchase for a period of up to one (1) year. Repo transaction mechanism sharia prearranged by Bank Indonesia through PBI No. 17.04.2015 April 27, 2015 and SEBI 17/10 / DKMP. The deal was done for considering the potential for Islamic finance industry in Indonesia, while the other side of managing liquidity in the Islamic financial world has not been optimal. Potential development of the Islamic finance industry is characterized by has been the establishment of 12 Islamic Banks, 22 Syariah Business Unit and 162 Financing Bank Rakyat Syariah (SRB) with its number reached in 2891 spread throughout Indonesia as well as the prospects of Islamic financial market also grows very well in Indonesia, until the may 2015 total Sukuk issuances have reached Rp13,57 Trillion. the management of liquidity in the islamic financial industry is one of the most prominent challenges, obstacles encountered, among others, the limited credit lines and credit limit between actors, liquidity limit that can be given a relatively limited parent and will be strongly related to liquidity conditions stem, not all Islamic Banks (BUS) have a parent that liquidity needs are urgent not necessarily be overcome in a short time, the secondary market Sukuk limited and deposits between banks are relatively expensive and are associated with the presence or not their credit line. Deputy Governor of Bank Indonesia, Erwin Rijanto expect with this agreement, the management of liquidity in the islamic financial industry, especially islamic banking can be awake and able to encourage an increase in transactions both in the Sukuk market as well as SATISFIED and ultimately will further strengthen the program financial market deepening the current this became one of the strategic policy at Bank Indonesia. in the future, the readiness of the infrastructure and the islamic financial market instruments in the management of liquidity is very necessary in line with the increasing government commitment to support the development of the islamic finance industry.