Equilibrium: Jurnal Ekonomi Syariah
Vol 12, No 2 (2024): EQUILIBRIUM

The Effect of Sharia Monetary Instruments on the Profitability of Sharia Commercial Banks in Indonesia in 2019-2023

Ramadhan, Mohammad Ali (Unknown)
Masrifah, Atika Rukminastiti (Unknown)



Article Info

Publish Date
05 Dec 2024

Abstract

The purpose of this study is to evaluate the impact of Sharia Interbank Money Market (PUAS), Sharia Bank Indonesia Facility (FASBIS), and Sukuk Bank Indonesia (SukBI) on Return On Assets (ROA) of Indonesian Islamic Commercial Banks. This research uses a quantitative deductive approach using EViews 10 test tools and VAR / VECM techniques. This study uses secondary data with time series data from January 2019 to November 2023. The dependent variable in this analysis is ROA, while the independent variables are SukBI, FASBIS, and PUAS. Based on the research findings, over time, the SukBI variable significantly reduces the return on assets (ROA) of Indonesian ShariaCommercial Banks; on the contrary, the FASBIS variable has no significant effect on ROA, and the PUAS variable has no significant effect on ROA. The SukBI and FASBIS factors did not have a significant short-term impact on the ROA of Indonesian Islamic Commercial Banks. Meanwhile, the ROA of Indonesian Islamic Commercial Banks is significantly negatively affected by PUAS.

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Journal Info

Abbrev

equilibrium

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

This journal encompasses original research articles, review articles, and short communications, including: Islamic Accounting, Islamic Bussines Management, Islamic Human Resource Management, Islamic Economics, Islamic Banking and ...