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CONTROLLING PROBLEMATIC FINANCING: EFFORTS TO IMPROVE THE PROFITABILITY OF ISLAMIC BANKING THROUGH THE TWO STAGE LEAST SQUARE APPROACH Ismul Fakhri Lubis; Dede Ruslan; Muhammad Fitri Rahmadana
International Journal of Educational Review, Law And Social Sciences (IJERLAS) Vol. 4 No. 4 (2024): July
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijerlas.v4i4.1797

Abstract

The issue discussed is whether there is still a discrepancy or divergence between problematic financing (NPF) and profitability (ROA) from the general trend. On the other hand, Non-Performing Financing (NPF) and Return on Assets (ROA) interact in ways that significantly affect the financial performance of banks. This indicates the complexity of this relationship, suggesting a simultaneous relationship between NPF and ROA. The aim of this research is to understand the simultaneous relationship between profitability and problematic financing of Islamic banks in Indonesia. This study uses the Two Stage Least Square (TSLS) method, with financial ratio data from Islamic banks in Indonesia from 2010 to 2023, using quarterly data. Based on the simultaneous test results, there is a simultaneous relationship between the profitability model (ROA) and problematic financing (NPF). In the profitability equation model (ROA), BOPO affects the profitability of Islamic banks, while problematic financing and CAR do not have an effect. However, in the problematic financing equation model (NPF), profitability and CAR affect problematic financing in Islamic banks in Indonesia, whereas FDR does not affect operational cost reduction targets. Moreover, policies that emphasize increasing profitability through product diversification and capital enhancement (CAR) will help reduce the risk of problematic financing through issuing new shares or reinvesting profits, while product diversification can help increase revenue and reduce the risk of uncollectible financing.
Pengaruh Faktor Determinan Sektor Perkebunan Kelapa Sawit terhadap Pertumbuhan Sektor Pertanian di Sumatera Utara: Suatu Analisis Muhammad Fitri Rahmadana
Outline Journal of Economic Studies Vol. 1 No. 1: October - March 2022
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research aims to investigate the impact of several factors, specifically, the area of oil palm plantations, oil palm production, and the number of workers in the agricultural sector on the agricultural sector's Gross Regional Domestic Product (GRDP) in North Sumatra Province. The study employs secondary data obtained from BPS North Sumatra Province, including PDRB variables in the agricultural sector, the area of oil palm plantations, palm oil production, and the number of workers in the agricultural sector in five districts, namely Asahan, Langkat, Labuhanbatu Utara, Labuhanbatu Selatan, and Labuhan Batu districts. The time series data span from 2008 to 2017. The Ordinary Least Square (OLS) method with a panel data regression estimation model using Eviews 10 was applied to analyze the data. The findings indicate that the collective effect of the independent variables, namely land area, production, and the total workforce of the agricultural sector, has a significant impact on the agricultural sector's GRDP. Furthermore, the results reveal that the land area and palm oil production variables have a positive and significant impact on the agricultural sector's GRDP in North Sumatra Province. In contrast, the labor force in the agricultural sector has a negative effect on the agricultural sector's GRDP in North Sumatra Province.This research aims to investigate the impact of several factors, specifically, the area of oil palm plantations, oil palm production, and the number of workers in the agricultural sector on the agricultural sector's Gross Regional Domestic Product (GRDP) in North Sumatra Province. The study employs secondary data obtained from BPS North Sumatra Province, including PDRB variables in the agricultural sector, the area of oil palm plantations, palm oil production, and the number of workers in the agricultural sector in five districts, namely Asahan, Langkat, Labuhanbatu Utara, Labuhanbatu Selatan, and Labuhan Batu districts. The time series data span from 2008 to 2017. The Ordinary Least Square (OLS) method with a panel data regression estimation model using Eviews 10 was applied to analyze the data. The findings indicate that the collective effect of the independent variables, namely land area, production, and the total workforce of the agricultural sector, has a significant impact on the agricultural sector's GRDP. Furthermore, the results reveal that the land area and palm oil production variables have a positive and significant impact on the agricultural sector's GRDP in North Sumatra Province. In contrast, the labor force in the agricultural sector has a negative effect on the agricultural sector's GRDP in North Sumatra Province.
Determining Factors That Influence Imports of Goods for Development in Indonesia: An Analytical Study Muhammad Fitri Rahmadana
Outline Journal of Economic Studies Vol. 1 No. 2: June - September 2022
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/ojes.v1i2.76

Abstract

Indonesia is recognized as a developing nation with a production industry that has yet to achieve sustainability to meet local demand. This is evidenced by Indonesia's reliance on external sources for consumer goods, raw and auxiliary materials, as well as capital goods. The country's importation activities stem largely from the inability of domestic products to compete with foreign counterparts, coupled with a societal inclination towards imported goods as a symbol of grandeur. The present study aims to conduct an analysis of the impact of gross domestic product (GDP), foreign exchange reserves, exchange rates, and inflation on imports within Indonesia during the 2000-2019 period. The analytical approach implemented in this research employs the Error Correction Model (ECM). The findings indicate that in the short term, GDP, foreign exchange reserves, and inflation have a positive and statistically significant impact on imports in Indonesia. In the long run, all the aforementioned variables exhibit a significant and meaningful influence on imports in Indonesia. In this regard, the provision of high-quality domestic production by government and producers is crucial for bolstering the domestic industry's development and rekindling local interest in domestic products.Indonesia is recognized as a developing nation with a production industry that has yet to achieve sustainability to meet local demand. This is evidenced by Indonesia's reliance on external sources for consumer goods, raw and auxiliary materials, as well as capital goods. The country's importation activities stem largely from the inability of domestic products to compete with foreign counterparts, coupled with a societal inclination towards imported goods as a symbol of grandeur. The present study aims to conduct an analysis of the impact of gross domestic product (GDP), foreign exchange reserves, exchange rates, and inflation on imports within Indonesia during the 2000-2019 period. The analytical approach implemented in this research employs the Error Correction Model (ECM). The findings indicate that in the short term, GDP, foreign exchange reserves, and inflation have a positive and statistically significant impact on imports in Indonesia. In the long run, all the aforementioned variables exhibit a significant and meaningful influence on imports in Indonesia. In this regard, the provision of high-quality domestic production by government and producers is crucial for bolstering the domestic industry's development and rekindling local interest in domestic products.
The Effect of Government Expenditure in the Field of Education, Health and Per Capita Expenditure on the Human Development Index in the Districts/Cities of North Sumatra Province Isma, Faisyal Hartawan; Fitrawaty, Fitrawaty; Rahmadana, M. Fitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.8623

Abstract

This study aims to determine: (1) the effect of government expenditure in the education sector on the Human Development Index (HDI) in the Districts/Cities of North Sumatra Province, (2) the effect of government expenditure in the health sector on the HDI in the Districts/Cities of North Sumatra Province, (3) the effect of per capita expenditure on the HDI in the Districts/Cities of North Sumatra Province, (4) the effect of government expenditure in the education sector, health sector and per capita expenditure on the HDI in the Districts/Cities of North Sumatra Province. This study uses a quantitative approach using secondary data sourced from BPS Indonesia. The data used are panel data of DAK education, DAK health, per capita expenditure and HDI in 33 Districts/Cities of North Sumatra Province from 2018-2024 or as many as 231 observations. The data analysis technique in this study uses panel data regression with the Eviews 10 program application with the best selected estimation model, namely the fixed effect model (FEM). The results of this study indicate that: (1) government expenditure in the field of education has a positive and significant effect on the HDI in the Regency/City of North Sumatra Province, (2) government expenditure in the field of health has a positive and significant effect on the HDI in the Regency/City of North Sumatra Province, (3) per capita expenditure has a positive and significant effect on the HDI in the Regency/City of North Sumatra Province, (4) government expenditure in the field of education, health and per capita expenditure simultaneously have a significant effect on the HDI in the Regency/City of North Sumatra Province. Furthermore, the area with the best HDI model is in Padang Sidempuan Regency, while the area with the lowest HDI model is in Serdang Berdagai Regency.
The Influence of Industrial Work Experience and the Use of Social Media on the Entrepreneurial Interest of Class XII Marketing Students Sitanggang, Dormauli Berlyanti; Rahmadana, Muhammad Fitri
Economic: Journal Economic and Business Vol. 4 No. 3 (2025): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v4i3.1192

Abstract

This study aims to analyze the influence of industrial work practice experience and social media utilization on the entrepreneurial interest of Grade XII Marketing students at SMK Negeri 1 Medan. A quantitative approach with an ex post facto method was employed. The sample consisted of 64 students selected through a census technique. Data were collected using a questionnaire and analyzed using multiple linear regression with SPSS version 27. The results show that industrial work practice experience has a positive and significant effect on entrepreneurial interest (tcount = 5.751; sig. = 0.000), as does social media utilization (tcount = 3.171; sig. = 0.002). Simultaneously, both variables significantly influence entrepreneurial interest (Fcount = 36.285; sig. = 0.000). The coefficient of determination (R²) is 0.543, indicating that both independent variables contribute 54.3% to the variation in students’ entrepreneurial interest. These findings underscore the importance of hands-on experience and the strategic use of digital technology in fostering entrepreneurial spirit among vocational school students.
Analisis Determinan Kepatuhan Wajib Pajak dalam Membayar Pajak Hotel, Restoran, dan Hiburan di Kota Medan Muhammad Fitri Rahmadana
Outline Journal of Management and Accounting Vol. 1 No. 1 (2022): June
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/ojma.v1i1.77

Abstract

Regional tax revenue in Medan City has experienced a significant increase, thereby rendering local taxes as the primary source of financing for regional expenditures. Despite the limited fiscal capacity that stems from local revenue, local taxes continue to play a crucial role in enhancing tax revenue in Medan City. Pursuant to Law Number 28 Year 2011, the self-assessment system for collecting hotel, restaurant and entertainment taxes underscores the significance of taxpayer awareness in compliance with tax obligations and rights. This study aims to achieve two objectives. Firstly, to analyze the impact of tax knowledge, service quality, and tax audit on taxpayer awareness concerning payment of hotel taxes, restaurant taxes, and entertainment taxes in Medan City. Secondly, to examine the impact of tax knowledge, service quality, tax inspection, and taxpayer awareness on taxpayer compliance with respect to the payment of hotel taxes, restaurant taxes, and entertainment taxes in Medan City. The study employs quantitative research methods, utilizing both primary and secondary data sources obtained from the Medan City Revenue Service. Questionnaires were used to collect data, and accidental sampling was employed. Descriptive analysis and path diagram analysis were employed as analytical tools. The results of the hypothesis testing conducted by path analysis indicate that tax knowledge, service quality, and tax audits have a positive effect on taxpayer awareness of paying hotel taxes, restaurant taxes, and entertainment taxes in Medan City. Service quality and tax audits do not impact taxpayer compliance with paying hotel, restaurant, and entertainment taxes in the City of Medan. However, tax knowledge, tax inspection, and taxpayer awareness have a positive impact on taxpayer compliance with paying hotel taxes, restaurant taxes, and entertainment taxes in Medan City. This is due to the significant contribution made by hotel taxes, restaurant taxes, and entertainment taxes to local taxes in Medan City.
Pemetaan Minat Belajar Ekonomi pada Mahasiswa Universitas Swasta di Kota Medan Berdasarkan Karakteristik Individu: Suatu Studi Deskriptif Muhammad Fitri Rahmadana
Outline Journal of Management and Accounting Vol. 1 No. 2 (2022): December
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/ojma.v1i2.78

Abstract

The aim of this study is to explore the learning interests of accounting students based on individual characteristics. The population of this study is comprised of lecturers and students from the accounting program within the faculty of economics at private universities in Medan. Random sampling was used to select the participants. Data collection techniques included observation, documentary study, interviews, and questionnaires. Qualitative descriptive analysis was used to analyze the data. The results of the study showed that students are interested in learning accounting, although there are still some topics that they find difficult to understand. This is due to the fact that students come from different educational backgrounds and have different genders, and that their learning activities tend to only involve listening to lectures, taking notes, and doing assignments. Therefore, it is necessary to implement varied and innovative learning activities. A learning design using a learning model is needed to help lecturers create an effective, efficient, and engaging learning program, so that the learning outcomes for the introductory accounting course can be achieved.
Analysis of Asset and Financing Contribution to Islamic Banking Profit in Indonesia by Vector Autoregression (VAR) Method Nofinawati; Dede Ruslan; Muhammad Fitri Rahmadana; Nasution, Adanan Murroh
EKONOMIKA SYARIAH : Journal of Economic Studies Vol. 8 No. 2 (2024): December 2024
Publisher : Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30983/es.v8i2.8463

Abstract

The profit growth of Islamic banks in Indonesia tends to decline from the Covid-19 period to date. However, the number of assets and the amount of financing of Islamic banks tend to increase from one period to the next. This article discusses the contribution of assets and financing to the profitability of Islamic banking in Indonesia. This article was created using quantitative research methods. The data comes from the Financial Services Authority (OJK), namely data related to the amount of profit, assets, and financing in the Sharia Banking Statistics report, especially Sharia Commercial Banks from 2019 to 2023. Then the analysis of the contribution between the variables of assets, financing and profits of Islamic banks was analyzed using an econometric approach, namely the Vector Auto Regression (VAR) Method. The results of this study show that the profit variable of the previous period has a negative contribution to the endogenous profit variable. However, asset and financing variables in the previous period contributed positively to endogenous profit variables. There has been no previous research that discusses the contribution of variable assets and financing to the profit of Islamic banking in Indonesia using Vector Autoregressive Models. In order for the profit of Islamic banks to always increase, Islamic banks must always increase the number of their assets by increasing the amount of financing disbursed.   Pertumbuhan laba bank syariah di Indonesia cenderung menurun dari periode Covid-19 hingga saat ini. Namun, jumlah aset dan jumlah pembiayaan bank syariah cenderung mengalami peningkatan dari satu periode ke periode berikutnya. Artikel ini membahas mengenai kontribusi aset dan pembiayaan terhadap profitabilitas perbankan syariah di Indonesia. Artikel ini dibuat dengan menggunakan metode penelitian kuantitatif. Data berasal dari Otoritas Jasa Keuangan (OJK), yaitu data terkait jumlah laba, aset, dan pembiayaan pada laporan Statistik Perbankan Syariah khususnya Bank Umum Syariah dari tahun 2019 sampai dengan tahun 2023. Kemudian analisis kontribusi antara variabel aset, pembiayaan dan laba bank syariah dianalisis dengan menggunakan pendekatan ekonometrika yaitu Metode Vector Auto Regression (VAR). Hasil temuan penelitian ini menunjukkan bahwa variabel laba periode sebelumnya memiliki kontribusi negatif terhadap variabel laba endogen. Namun, variabel aset dan pembiayaan periode sebelumnya berkontribusi positif terhadap variabel laba endogen. Belum ada penelitian sebelumnya yang membahas mengenai kontribusi variabel aset dan pembiayaan terhadap laba perbankan syariah di Indonesia dengan menggunakan Vector Autoregressive Models. Agar laba bank syariah selalu meningkat, maka bank syariah harus selalu meningkatkan jumlah asetnya dengan cara meningkatkan jumlah pembiayaan yang disalurkan.
IMPACT OF FINANCIAL DISTRESS SHOCK AGAINST FINANCIAL PERFORMANCE IN BANK MUAMALAT INDONESIA: TWO-STAGE LEAST SQUARE METHOD M. Fauzan; Dede Ruslan; Muhammad Fitri Rahmadana
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 3 (2024): June
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i3.1630

Abstract

Bank Muamalat Indonesia is able to maintain the overall stability of its financial system; however, the bank's distress level ranges from 0.10 to 0.65, and a score below 1.81 indicates a high risk of bankruptcy. The purpose of this research is to determine the simultaneous relationship between the financial performance and financial distress level of Bank Muamalat Indonesia. This research uses secondary data from 2010 to 2023, utilizing quarterly data. The analysis employs a quantitative method with simultaneous equation techniques using the Two Stage Least Square (TSLS) method. Based on the simultaneous test results, there is a simultaneous relationship between the financial performance model and financial distress, which is identified as over-identified. In the Financial Performance (ROA) equation model, financial distress has a significant negative effect, whereas CAR and NPF are not significant. However, FDR has a significant positive effect. In the Financial Distress (Z-Score) model, NPF and FDR have a significant impact, while Financial Performance (ROA) and economic growth have a significant negative impact. The implication is the importance of financial risk management and the financial health of banks. Recommendations include enhanced supervision and financial risk management, as well as policies that support stable economic growth.
MACRO ECONOMIC REVIEW OF JA KARTA ISLAMIC INDEX STOCK RETURNS Windari; Dede Ruslan; M. Fitri Rahmadana
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 4 (2024): August
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i4.1799

Abstract

This study tries to examine the problem of whether there is macroeconomic influence (inflation, Indonesian interest rates) on JII stock returns on the IDX. The data used in this study is secondary data using combined time series data (time period) with Cross Section data (8 selected companies) based on the annual financial statements of shares that are incorporated in the JII from 2018-2023. The results of both simultaneous and partial data processing show that Macroeconomics (inflation and Indonesian interest rates) affect stock returns with a significance level below 0.05. Stocks of companies classified in the Jakarta Islamic Index are those whose types, products, services provided, contracts, and management methods do not contradict Sharia principles. Similarly, regarding profit-sharing, it must also comply with Sharia principles, devoid of interest elements, as interest falls under usury, and activities involving usury are prohibited in the Sharia capital market in accordance with the fatwa decision of the National Sharia Council No: 40/DSN-MUI/X/2003.