Journal of Islamic Studies and Education
Vol. 2 No. 3 (2024)

Assessing the Performance of Bank Syariah Indonesia (BSI) through Shariah Conformity and Profitability (SCnP) Framework: A 2021-2023 Analysis

Saputri, Riski (Unknown)
Hidayah, Khofifah Nur (Unknown)
Wilyaningtyas, Maghfira (Unknown)
Nungcahyani, Suci (Unknown)



Article Info

Publish Date
01 Jun 2024

Abstract

This study evaluates the performance of Bank Syariah Indonesia (BSI) using the Shariah Conformity and Profitability (SCnP) framework. The research focuses on the 2021-2023 period, utilizing a descriptive quantitative approach to analyze the bank's performance. The data employed in this study are secondary, derived from the annual financial reports of PT Bank Syariah Indonesia, obtained through its official website. The results reveal a significant shift in BSI's financial performance over the analyzed period. In 2021, BSI was positioned in the Upper Left Quadrant (ULQ), indicating moderate profitability with relatively lower alignment to Shariah principles. However, in 2022 and 2023, BSI transitioned to the Upper Right Quadrant (URQ), reflecting an improvement in both profitability and adherence to Shariah principles. These findings provide insights into the dynamic development of BSI's financial and Shariah performance, highlighting its progress toward achieving an optimal balance between profitability and Shariah compliance.

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Journal Info

Abbrev

jise

Publisher

Subject

Religion Humanities Education Other

Description

Journal of Islamic Studies and Education (JISE), e-ISSN: 2963-4555 is an international, peer-reviewed, and open-access electronic journal published three times a year (February, June and October) by CV. PRESSCIENCE, Central Java Indonesia. The journal blends the best of educational research and ...