Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies
Vol 18, No 1: June 2022

Performance Analysis of Sharia Banking in Indonesia: Abu Zahrah Maqasid Shariah Index Approach

Eko Suprayitno (Universitas Islam Negeri Maulana Malik Ibrahim, Malang)
Yunan Syaiful Haq (Universitas Islam Negeri Maulana Malik Ibrahim, Malang)



Article Info

Publish Date
26 Jul 2022

Abstract

This study aims to analyze the performance of Islamic Banking (IB) in Indonesia through the maqashid shariah index Abu Zahrah approach. Performance appraisal on Islamic Banking (IB) is generally done through financial performance measurements without including non-financial performance measurements.  Furthermore, this study uses descriptive quantitative research methods, namely an approach with a ratio value that can be calculated and described. The research object is 3 Islamic banks in Indonesia registered on the Indonesia Stock Exchange (IDX) and published their financial reports for 2018-2020. The results showed that Panin Dubai Sharia Bank obtained the best MSI score among 2 other Islamic banks with an MSI value of 38.59%. Furthermore, Bank BRI Sharia with an MSI score of 30.38%, and finally Bank BTPN Sharia with an MSI score of 30.24%. Panin Dubai Sharia Bank is more focused on achieving maqashid sharia aspects than the other 2 Islamic banks.

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Journal Info

Abbrev

afkaruna

Publisher

Subject

Education

Description

Jurnal Afkaruna is an Indonesian bilingual journal published by the Faculty of Islamic Studies, Muhammadiyah University of Yogyakarta. The journal publishes empirically grounded and multidisciplinary work on Islam and its related issues, spanning the history, Quranic studies, Exegesis, tradition, ...