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Contact Name
Akhmad Jazuli Afandi
Contact Email
jazzull212@gmail.com
Phone
+6285748508751
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almuhasib@uinkediri.ac.id
Editorial Address
Jl. Sunan Ampel No.7 Ngronggo Kediri, Jawa Timur, Indonesia
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Al-Muhasib: Journal of Islamic Accounting and Finance
ISSN : -     EISSN : 27981649     DOI : 10.30762/almuhasib
Core Subject :
Focus Al-Muhasib: Journal of Islamic Accounting and Finance covers in detail a large number of topics related to Islamic Accounting, Islamic Finance, and Tax. Comprising the latest empirical studies, country-specific studies, policy evaluations of Islamic economics, and comparative international Islamic accounting, tax, and finance. This journal provides a forum for scientific exchange for academicians, practitioners, keen observers, and independent researchers, by publishing high-quality theoretical, empirical, and policy contributions. Scope Al-Muhasib: Journal of Islamic Accounting and Finance is intended to communicate original research and current issues on the subject below: Islamic Accounting Engineering Islamic Banking System Islamic Capital and Commodity Market Islamic Corporate Finance Islamic Corporate Social Responsibility Islamic Financial Market Islamic Financial Planning Islamic Financial Strategi Islamic Financial Technology Islamic Insurance and re-Insurance Islamic Investment Strategy Islamic Micro and Rural Finance Islamic Social Fund and Crowdfunding Accounting in the Islamic Capital Market, and Investment Accounting in the Islamic Financial Institution Auditing Corporate Governance Financial Technology Public Sector Accounting Sustainability Reporting Taxation Zakah and Waqf Accounting
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Articles 1 Documents
Search results for , issue "vol. 6 no. 1 (2026)" : 1 Documents clear
Capital Adequacy, Profitability, and Murabahah Financing: The Moderating Role of Non-Performing Financing in Indonesian Islamic Commercial Banks Misra Windayani; Sudirman; Muhammad Taufik
Al-Muhasib: Journal of Islamic Accounting and Finance Vol. 6 No. 1 (2026)
Publisher : Department of Islamic Accounting, The Faculty of Islamic Economics and Business, State Islamic University Syekh Wasil of Kediri [UIN Syekh Wasil Kediri]

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30762/al-muhasib.v5i2.2868

Abstract

This study examines the effects of the Capital Adequacy Ratio (CAR) and Return on Assets (ROA) on murabahah financing, with Non-Performing Financing (NPF) serving as a moderating variable in Indonesian Islamic Commercial Banks. Employing a quantitative approach with a causal-associative research design, the study analyzes secondary data from six Islamic Commercial Banks registered with the Financial Services Authority (OJK). The data are analyzed using moderated regression analysis. The findings show that CAR has a negative and statistically significant effect on murabahah financing, whereas ROA has no statistically significant effect. Furthermore, NPF does not significantly moderate the relationships between either CAR or ROA and murabahah financing. However, CAR and ROA jointly have a statistically significant effect on murabahah financing. These findings indicate that capital adequacy plays an important role in determining murabahah financing policies, whereas profitability, as measured by ROA, does not independently drive the expansion of murabahah financing. The findings highlight the importance of optimizing CAR management to balance capital stability with financing growth and improving operational efficiency to strengthen bank profitability. Although NPF does not function as a significant moderating variable, asset quality remains an important consideration in the sustainable planning and management of murabahah financing.

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