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Journal : Sebatik

Implications of the Influence of Corporate Financial Performance on Sukuk Ijarah in the Development of Indonesian Sharia Finance Handayani, Meutia; Ramadhan, Rizki; Farlian, Talbani
Sebatik Vol. 28 No. 2 (2024): December 2024
Publisher : STMIK Widya Cipta Dharma

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46984/sebatik.v28i2.2489

Abstract

In this study, the purpose is to analyze the influence of Islamic financial capabilities, particularly focusing on performance metrics such as profitability, current liabilities, and leverage, on sukuk ijarah issuance by corporations during the observation period from 2018 to 2024 in Indonesia. The sample consists of all companies registered with the Financial Services Authority (OJK) that issue sukuk under the sukuk ijarah scheme. The study evaluates the companies' performance in terms of their ability to generate profitability, finance short-term debts arising from sukuk ijarah issuance, and meet long-term obligations when the sukuk mature. This study employs multiple regression analysis using the Eviews 11 software. The results indicate that profitability, liquidity, and leverage, both individually and collectively, significantly affect sukuk ijarah performance. Furthermore, companies issuing sukuk ijarah during the research period demonstrate that sukuk ijarah can enhance profitability. Additionally, these companies exhibit the ability to meet both short-term and long-term debt obligations, ensuring the repayment of underlying assets tied to the issued sukuk ijarah.
Co-Authors Abtahi, Muhammad Abthahi, Muhammad Ahyar, Rizki Aini, Helmida Alwi, Sandi Andrey Hasiholan Pulungan Apria, Iga Arfiani, Mutia Arif Rahman Asmak UI Hosnah Asning Tias, Silfia Aulia, Muhammad Faqih Auliana, Sigit Awlia, Avivatul Az Zikri Taufik, Wildan Baskoro, B. Harjo Basuki Rakhim Setya Permana Basysyar, Fadil M Binawati, Enita Bunari, Bunari Bunyamin Maftuh cahya, waskita Cut Yunina Eriva Dewi Maya Sari Dwi Iswati, Henny Dwi Ratnasari Emilda, Yufa Erwin Sutomo Fadhila, Nurma Fadilah, Lola Fahmi Fahmi Fikri, Asyrul Filda Angellia Firman Nugroho Fitriningrum, Andriati H, Ghanistantiono Dwi H, Hilmi Hadi Nugroho Hamdan Hamdan Handayani, Meutia Haris Dibdyaningsih Hariyansah, Ilham Hasibuan, Husni Malik Hermawan, Aris Hilmi Irfan Maulana, Irfan Kadriyani, Emilda Kundang Karsono Juman Melisa, Evri Meylani, Andry Miftakhul Janah Muhammad Fauzi Muhibuddin Muhibuddin, Muhibuddin Mukhamad Abduh Mulya Sari, Devi Musthafa Kamal, Musthafa Mutaqin, Fatih Naria, Naria Ngizzah, Nailul Nining Rahaningsih Nisa, Rauzhatul Nizirwan Anwar Novrianty, Rizky NUR CHAKIM Nurfaedah Nurfaedah, Nurfaedah Nurpratiwi, Ela Dwi Panuju Panuju Perani Rosyani Pertiwi, Asih Pravitri, Ivana Meilani Purnomo, Ryan R, Rismadi Rahmawan, Ghanal Arief Rismadi Rismadi, Rismadi Rita Sari, Dwi Mei Rosmiati Rosmiati Rudianto, Totok Rusny Istiqomah Sujono Salamah, Ummy Gusti Samsuar A. Rani Sarifah, Jufriah Shofi, Ahmad Thoyyib Siregar, Yuniar Dwi Ansari Siskarina, Melvy Dwi Siti Nur Azizah, Siti Nur Siti Nurjanah Sri Rani Fauziah, Sri Rani Sumarniningsih, Sumarniningsih Surya Kusuma, Noval Syaputra, Kamilia Talbani Farlian Tan Amelia Tarigan, Masmur Tirsardewi, Sartika Tri Septianto Untirtha Pratama, Gelard Yoga Aribowo Yudha Witama, Fiyado Zulkarnain Zulkarnain Zulkarnain Zulkarnain