Nurwahidin Nurwahidin
Sekolah Kajian Strategik dan Global, Universitas Indonesia

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The Influence of Macroeconomics and Financial Performance on the Profitability of Islamic Banking in Indonesia Muhamad Haris; Nurwahidin Nurwahidin; Veithzal Rivai Zainal; Mohammad Izdiyan Muttaqin
Journal Research of Social Science, Economics, and Management Vol. 4 No. 10 (2025): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v4i10.855

Abstract

The purpose of this study is to ascertain how Islamic banking's financial performance and macroeconomic conditions affect its profitability. The object of this study is Islamic banking in Indonesia from 2015 to 2024, in the form of Sharia Commercial Banks (BUS) and Sharia Business Units (UUS). The independent variables in this study are macroeconomics which is measured through financial ratios, namely inflation and the Rupiah exchange rate (exchange rate) and for financial performance is measured through financial ratios, namely Financing to Deposit Ratio (FDR), Non-Performing Financing (NPF) and Operating Expenses of Operating Income (BOPO), while the dependent variable, namely profitability is measured through Return on Asset (ROA). The data used is monthly financial statement data for the last 10 years taken quarterly (per 3 months) starting from March 2015 to December 2024. The data was analyzed using multiple regression methods. The NPF and BOPO variables had a somewhat significant impact on ROA, according to the t-test results.  In the meantime, ROA was only marginally impacted by the factors of inflation, exchange rates, and FDR.  The F test findings demonstrated that all of the variables—inflation, exchange rate, FDR, NPF, and BOPO—had a substantial impact on ROA at the same time.
Muhammad Abduh's Thought and Its Practical Implications on Government Work Programs For 2024-2029 Muhamad Haris; Nurwahidin Nurwahidin; Mulawarman Hannase; Mohammad Izdiyan Muttaqin
Journal of Social Research Vol. 4 No. 2 (2025): Journal of Social Research
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/josr.v4i2.2424

Abstract

This research discusses the relevance of the thought of Muhammad Abduh, a reformist Islamic intellectual, to the policies and work programs of the Indonesian government. Muhammad Abduh is known as a figure who championed the reinterpretation of Sharia principles to respond to the challenges of modernity, focusing on social justice, waqf reform, Islamic financial systems, and education. His thinking provides an important foundation for the development of a modern Islamic economy that is inclusive and equitable. In the context of Indonesian government policy, the 2024-2029 work program that carries the vision of Indonesia Emas 2045 integrates the values of Sharia economics and social justice in line with Muhammad Abduh's ideas. Programs such as strengthening the Sharia economy, optimizing ZISWAF (zakat, infaq, sadaqah and waqf) funds, and alleviating extreme poverty reflect the practical implementation of Muhammad Abduh's ideas. The government also emphasizes economic transformation, halal industry development, increasing Sharia financial inclusion, and Islamic values-based education to strengthen global competitiveness. This study uses a descriptive-analytical method to evaluate the relationship between Muhammad Abduh's thought and public policy in Indonesia. The analysis shows that Muhammad Abduh's ideas are not only relevant in addressing national development challenges, but also provide concrete solutions in creating social justice, community empowerment, and strengthening the Sharia economic system. This research also offers practical recommendations on how Muhammad Abduh's Islamic economic principles can be applied more broadly to support sustainable and inclusive development in Indonesia.