Universitas Islam Negeri Sultan Maulana Hasanuddin, Banten - Indonesia
Department of Sharia Economics
Faculty of Islamic Economics and Business
UIN Sultan Maulana Hasanuddin Banten
Feasibility Study for Transitioning from Conventional Banking to Islamic Banking
Nihayatul Maskuroh
Asep Dadan Suganda
Universitas Islam Negeri Sultan Maulana Hasanuddin, Banten - Indonesia
Department of Sharia Economics
Faculty of Islamic Economics and Business
UIN Sultan Maulana Hasanuddin Banten
Kurni Akbar
Universitas Islam Negeri Sultan Maulana Hasanuddin, Banten - Indonesia
Department of Sharia Economics
Faculty of Islamic Economics and Business
UIN Sultan Maulana Hasanuddin Banten
(*) Corresponding Author
DOI : 10.32678/ijei.v15i1.564
This study examines the feasibility and strategic approach for transitioning the Faculty of Economics and Islamic Business (FEBI) at UIN Sultan Maulana Hasanuddin Banten from conventional to Islamic banking. The transformation aims to align institutional operations with Islamic economic principles and strengthen ideological consistency. A quantitative SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis integrated with the Analytic Network Process (ANP) was employed to prioritize strategic alternatives, using Super Decisions software. Data were collected through surveys, interviews, and document analysis involving faculty members, staff, and students. The Internal Factor Evaluation (IFE) score of 3.60 and the External Factor Evaluation (EFE) score of 2.68 position the faculty in Quadrant I of the SWOT matrix, indicating an aggressive strategy. Survey results show 56.5% of respondents consider the shift “fairly important” and 50.8% view it as a valuable educational opportunity. Recommended strategies emphasize leveraging strengths to seize opportunities, addressing weaknesses, and mitigating threats. The findings suggest that transitioning to Islamic banking is both feasible and strategically advantageous, offering practical implications for policy alignment and operational implementation in higher education institutions seeking Sharia-compliant transformation
Keywords : Feasibility Study; Higher Education; Islamic Banking; Financial Transformation
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