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Journal : El Dinar

ARE ISLAMIC BANKS STILL SOUND AMIDST PANDEMIC? Clarashinta Canggih; Fira Nurafini; Sri Abidah Suryaningsih; Khusnul Fikriyah; Rachma Indrarini; Fitriah Dwi Susilowati
EL DINAR: Jurnal Keuangan dan Perbankan Syariah Vol 10, No 2 (2022): El Dinar
Publisher : Faculty of Economics Universitas Islam Negeri Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/ed.v10i2.17256

Abstract

The paper aims to check whether Islamic banks in Indonesia remain sound amid the Covid-19 Pandemic by comparing the soundness levels of Islamic commercial banks before and during the Covid-19 Pandemic. This research used a quantitative approach with the non-parametric Wilcoxon Signed-Rank Test to compare bank soundness before and during the Covid-19 Pandemic. The bank's resilience was measured using the Risk-Based Bank Rating (RBBR), e.g., Non-Performing Finance (NPF), Finance to Deposit Ratio (FDR), Capital Adequacy Ratio (CAR), and Net Operating Margin (NOM). The study exempted aspects of Good Corporate Governance since it is qualitative. The study used quarterly data in 2018-2019 (before the pandemic) and 2020-2021 (during the pandemic). The results showed a significant difference between CAR before and during the Covid-19 Pandemic. Meanwhile, NPF, FDR, ROA, and NOM showed no significant differences before and during the Covid-19 Pandemic. Based on the results, it can be concluded that the Covid-19 Pandemic generally does not affect the Islamic banks' soundness level, except for capital. It showed that the Islamic Bank proved to be resilient against crises. The study adds literature on the resilience of Islamic banks, particularly during the Covid-19 Pandemic, and validates the RBBR measurement to analyze the bank's soundness. In addition, the results of this study are also expected to be a consideration for policymakers to design the right policies for optimizing Islamic banks to thrive and support post-pandemic recovery.
Co-Authors Abdul Hafidz Ach. Yasin ADAM DAMANHURI Adelya Shinta Mashuri Ahmad Ajib Ridlwan Ainnur, Ainnur Kholifah Akbar Izulhaq Ali, Asiah Binti Alif Fatul Choriyah Aliyah, Shufiyyatin Amalia Ruhana, Amalia Amansyah, Rizka Apta Liani Andika Radyasasmita Anistyasari, Yeni Ansori, Fitrian Anwar, Muchammad Khoirul Arasyi Fahrulloh Arif Mustofa Arista Sari, Anjar Arum, Dwi Purnama Asa, Restu Asa Marisza Sukma Asti Prasmawawti A’rasy Fahrullah Badrul Munir, Maryam Bte Binti Zakaria, Zalina Clarashinta Canggih Claudya, Chika Deta Brilyanti Asanjaya Dewi, Aulya Nur Rahmita Dharmawati, Erni Dyah Citra Resmi Pitaloka Erika Dwi Meilindasari Erliana, Nelly Fadillah, Hikmatul Nur Fahmi, Moh Farih Fahmi, Moh. Farih Farisi, Nashirul Haq Al Farisul Umam Azka Fatmi, Dian Rahayu Fira Dela Pramudita Fira Nurafini Fitriah Dwi Susilowati Hendrawan Cahyaningrat Hendry Cahyono Irfansyah, Fikri Isnaini, Dwi Isnani Aliya ISNAWATI Judhistira, Prima Rizky Khoirunnisa, Rofi’ah Kholida Ulfi Mubaroka Khusnul Fikriyah Kisyani Kusuma Wardhani, Ritna Ayu Laily Ramadhanti LUCKY RACHMAWATI Machmud, Aqidatul Izzah Maryam Bte Badrul Munir Moch. Khoirul Anwar Moh Farih Fahmi Mohammad As'ad Rosyadi Mohd Noh, Mohd Shahid Bin Muhammad Muhammad Amar Muhammad Farid Ilhamuddin Muhammad Turhan Yani Munir, Maryam Bte Badrul Nabil Nazhif Fikri Ahmad Nugraha, Aldy Darmawan Nur Puspita Sari, Fadia Rizky Nurafini, Fira Nurhayati Nurhayati Nurhayati Nurillah, Shinta Lintang Nurul Hanifah Oce Wiriawan Paramitha, Palupi Pertiwi, Annisa Dharma Prabowo, Prayudi Setiawan Pramestuty, Dita Kurnia Prameswary, Titan Nia Pramita, Adinda Dian Pratama, Trias Devi Putri, Adila Rachmaniar Putri, Della Pratami Rachma Indrarini Rahmad Syaifudin Rahmad Syaifudin, Rahmad Rahmatillah, Suci Rifa’i Rifa’i Rifa’i Rifa’i Rifa’i, Rifa’i Rofi’ah Khoirunnisa Safitri, Novia Dwi Salsabila, Zakiya Jihan Saniyatul Ayu Aprilia Sari Edi Cahyaningrum Sari, Layli Intan Sasa Putri, Dahlia Kumara Siti Makrufah Sofyan Tsauri, Muchammad Sri Asih Wulandari Sri Herianingrum Tesa Fahimatul Nurjanah Tony Seno Aji Ulin Nuha, Mohamad Wahyuningsari, Wahyuningsari Wirsayudi, Mohammad Yahya Wulan Santikawati Ulfa Yan Putra Timur Zidan Fatari