Analysis of Financial Ratio Determinants on the Profitability of Islamic Banking in Indonesia Period 2022-2024
Analisis Faktor-Faktor Penentu Rasio Keuangan terhadap Profitabilitas Perbankan Syariah di Indonesia Periode 2022-2024
Keywords:
Financial Ratio, Capital Ratio, Deposit Ratio, Islamic Banking, ProfitabilityAbstract
Profitability is fundamental parameter for evaluating the performance and sustainability of Islamic commercial banks. This study aims to analyze the impact of the BOPO, FDR and CAR on the NPM The research subjects include BSI, Bank Muamalat, BCA Syariah, and Bank Mega Syariah for the period 2022–2024. The research method employs a quantitative approach using the Panel Vector Autoregression (PVAR) because no variables found were found to be cointegrated in the cointegration test, based on secondary data from quarterly financial reports. Test results using Eviews 13 indicate in Panel VAR Estimates, the BOPO and CAR variables have no significant effect on NPM, while FDR has a significant positive effect on NPM. The findings of the Variance Decomposition confirm that the FDR is the primary determinant in explaining fluctuations in the NPM. This is proven by increasing progressively from the beginning of the period until the end of the period.
References
Amalia, D., & Diana, N. (2022). Pengaruh Biaya Operasional Terhadap Pendapatan Operasional ( BOPO ), Capital Adequacy Ratio ( CAR ), dan Financing to Deposit Ratio ( FDR ) terhadap Profitabilitas ( ROA ) pada Bank Bukopin Syariah Periode 2013-2020. JIEI: Jurnal Ilmiah Ekonomi Islam, 8(01). https://doi.org/https://doi.org/10.29040/jiei.v8i1.4166
Ardana, Y. (2018). Faktor Eksternal dan Internal yang Mempengaruhi Profitabilitas Bank Syariah di Indonesia. Cakrawala, 13(1), 51. https://doi.org/10.31603/cakrawala.v13i1.2042
Astuti, R. P. (2022). Pengaruh CAR , FDR , NPF , Dan BOPO Terhadap Profitabilitas Perbankan Syariah. JIEI: Jurnal Ilmiah Ekonomi Islam, 8(3). https://doi.org/https://doi.org/10.29040/jiei.v8i3.6100
Chaerunisak, U. H., Wardani, D. K., & Prihatiningrum, Z. T. (2019). Pengaruh Capital Adequacy Ratio (CAR) dan Biaya Operasional Pendapatan Operasional (BOPO) terhadap Kinerja Bank Syariah. JSEH: Jurnal Sosial Ekonomi Dan Humaniora, 5(2).
Gusmawanti, A., Supaijo, Iqbal, M., & Fasa, M. I. (2020). The Nexus Between FDR, NPF. BOPO .Toward Profitability of Indonesian Islamic Bank. Al-Amwal: Jurnal Ekonomi Dan Perbankan Syariah, 12, 167–180. https://doi.org/10.24235/amwal.v12i2.7155
Karim, A., & Hanafia, F. (2020). Analisis CAR, BOPO, NPF, NOM dan DPK terhadap Profitabilitas (ROA) Pada Bank Syariah di Indonesia. TARGET: Jurnal Manajemen Dan Bisnis, 2(1). https://doi.org/10.30812/target.v2i1.697
Kasmir. (2014). Dasar-dasar Perbankan (Cet. 12). Rajawali Pers.
Khasanah, U., A’yun, I. Q., Afandi, M. A., & Maestri, S. S. (2022). Analisis Pengaruh CAR, NPF, FDR, dan BOPO terhadap Profitabilitas Bank Umum Syariah di Indonesia. Derivatif: Jurnal Manajemen, 16(2). https://doi.org/https://doi.org/10.24127/jm.v16i2.1139
Mulya, Y., Girsang, D. B. R., & Zain, Y. (2024). Profitability Function on Capital Adequacy Ratio Model. IJSMR: International Journal of Scientific Multidisciplinary Research, 2(2). https://doi.org/https://doi.org/10.55927/ijsmr.v2i3.8518
Nugraha, C. A., Riyanto, J., & Gozali, I. (2017). Pengaruh Persepsi dan Nilai Nasabah Terhadap Tingkat Kepercayaan Bank (Studi pada Nasabah Bank BPR Syariah di Kota Semarang). Media Ekonomi Dan Manajemen, Vol. 32, N.
Otoritas Jasa Keuangan. (2024). Statistik Perbankan Syariah Agustus 2024 (Issue August).
Septiani, R., & Lestari, P. V. (2016). Pengaruh NPL dan LDR terhadap Profitabilitas dengan CAR sebagai Variabel Mediasi pada PT. BPR Pasaraya Kuta. E-Jurnal Manajemen Unud, 5(1).
Ummah, F. K., & Suprapto, E. (2015). Faktro-Faktor yang Mempengaruhi Profitabilitas Pada Bank Muamalat Indonesia. Jurnal Ekonomi Dan Perbankan Syariah, 3(2).
Wibowo, E. S., & Syaichu, M. (2013). Analisis Pengaruh Suku Bunga, Inflasi, CAR, BOPO, NPF terhadap Profitabilitas Bank Syariah. Diponegoro Journal of Management, 2(2).
Yuliana, I. R., & Listari, S. (2021). Pengaruh CAR, FDR, dan BOPO Terhadap ROA Pada Bank Syariah Di Indonesia. JIAKES: Jurnal Ilmiah Akuntansi Kesatuan, 9(2).
Yunita, N. A. (2018). Analisis Tingkat Kesehatan Bank Dengan Mengunakan Metode CAMELS dan PEARLS Pada Bank Umum di Indonesia. Sefa Bumi Persada.
Zuraidah, & Wahid, K. (2023). Analisis Tingkat Kesehatan Bank Syariah Dengan Menggunakan Metode Risk-Based Bank Rating (Studi Kasus BCA Syariah Tahun 2017-2021). Jurnal Ekonomi Bisnis Dan Akuntansi, 3(1).
Fasa, M. I. (2020). Sharia governance: Theory and implementation of Islamic banking in Indonesia. Journal of Islamic Economics and Philanthropy, 3(1), 1–20. https://doi.org/10.21111/jiep.v3i1.4032
Firdaus, M., & Ariyanti, M. (2021). Determinants of Islamic bank profitability: Evidence from Indonesia. Journal of Islamic Economics and Philanthropy, 4(2), 87–108. https://doi.org/10.21111/jiep.v4i2.6512
Hakim, A. R., & Septiani, I. (2022). The effect of FDR, NPF, and BOPO on the profitability of Islamic commercial banks in Indonesia during the pandemic period. Journal of Islamic Economics and Philanthropy, 5(3), 112–130. https://doi.org/10.21111/jiep.v5i3.7891
