Ihtiyath : Jurnal Manajemen Keuangan Syariah
Vol 9 No 2 (2025): Ihtiyath : Jurnal Manajemen Keuangan Syariah

The Effect of Macroeconomic Variables on Mudharabah Deposits at Bank Muamalat Indonesia for the Period 2014–2024

Muhammad, Alfian (Unknown)
Amin, Muhammad (Unknown)
Hisan, Khairatun (Unknown)
Rambe, Khairun Nisa (Unknown)



Article Info

Publish Date
21 Jan 2026

Abstract

This study aims to analyze the effect of inflation, exchange rate, interest rate, and gross domestic product (GDP) on Mudharabah deposits at Bank Muamalat Indonesia during the period 2014–2024. Macroeconomic stability is a crucial factor influencing public investment decisions in Islamic banking products. This research employs a descriptive quantitative approach using secondary data, including quarterly financial reports of Bank Muamalat, inflation, exchange rate, and interest rate data from Bank Indonesia, as well as GDP data from the Central Bureau of Statistics. The analysis is conducted using multiple linear regression with EViews 12. The results indicate that simultaneously, inflation, exchange rate, interest rate, and GDP significantly affect Mudharabah deposits. Partially, inflation, exchange rate, and GDP have a positive effect, while the interest rate is not significant. These findings provide valuable insights for bank management in designing profit-sharing strategies and maintaining depositor confidence, as well as assisting regulators in formulating policies that are adaptive to macroeconomic conditions

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Journal Info

Abbrev

ihtiyath

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Ihtiyath : Jurnal Manajemen Keuangan Syariah was published by the Faculty of Economics and Islamic Business IAIN Langsa which aims to disseminate research results and ideas of academics and practitioners in the field of Islamic finance management. The topics in Ihtiyath Journal include sharia ...