al-Afkar, Journal For Islamic Studies
Vol. 6 No. 4 (2023)

The Effect of Musyarakah Contracts on Profitability at KSPPS BMT Mentari Bumi

Oktafianus Yoga Tri Kusnandar (Universitas Muhammadiyah Surakarta)
Isman (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
12 Aug 2023

Abstract

To determine how musyarakah contracts affect the profitability (ROA and ROE) of KSPPS BMT Green Earth financial institutions, this study employs a quantitative method that correlates with secondary data extracted from their financial statements for the years 2020-2022. The analysis includes descriptive statistical tests, linear regression, correlation, and hypothesis testing. The results indicate that the musyarakah contract has a strong correlation with and can boost profitability. To demonstrate the importance of musyarakah contracts to a company's profitability, they have a significant impact on ROE, but not on ROA. This study is limited by its reliance on homogeneous sample data and its exclusive focus on the relationship between two profitability measures. In order to obtain a deeper understanding, future research should examine a more diverse sample and include additional variables.

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Journal Info

Abbrev

Afkar_Journal

Publisher

Subject

Social Sciences

Description

al-Afkar, Journal for Islamic Studies is published by Association of Secondment Lecturers (Asosiasi Dosen DPK) UIN Sunan Gunung Djati Bandung Indonesia. Focus of al-Afkar, Journal for Islamic Studies is on publishing original empirical research articles and theoretical reviews of Islamic Studies, ...