JPS (Jurnal Perbankan Syariah)

The Effect of NPF and FDR on The Profitability of Sharia Commercial Banks with Murabahah Financing as Moderation

Muhammad Hasan Abdul Azis Naibaho, Ahmad Maulidizen — Thu, 30 Oct 2025 00:00:00 +0700

Purpose – This study aims to examine the influence of Non-Performing Financing (NPF) and the Financing to Deposit Ratio (FDR) on Return on Assets (ROA), while also assessing the moderating role of Murabahah financing in these relationships within Islamic Commercial Banks in Indonesia during 2018–2022. Method – The research uses a quantitative method supported by library research, involving moderated regression analysis with classical assumption tests, model feasibility tests, and hypothesis testing. The sample includes 10 Islamic banks selected through purposive sampling from a population of 17 registered with the Financial Services Authority. Findings – The findings reveal that NPF does not significantly affect ROA, while FDR negatively affects ROA. Murabahah financing moderates both the NPF–ROA and FDR–ROA relationships. Theoretically, this research contributes to Islamic banking performance literature, especially regarding the role of specific financing instruments. Implications – Practically, it implies that Islamic banks should diversify their financing portfolios, expand funding sources, and strengthen risk management to enhance profitability. Murabahah financing can help reduce credit risk, though it may elevate liquidity risk, requiring careful portfolio and liquidity planning

Bank specific and macroeconomic factors on capital structure of Islamic banks in Indonesia and Malaysia

Asti Asti, Muhammad Muflih — Thu, 30 Oct 2025 00:00:00 +0700

Purpose – This study aims to evaluate the causality between specific banking and macroeconomic factors and their impact on capital structure, as measured by the debt-to-equity ratio in Indonesian and Malaysian Islamic Commercial Banks. Method – This study utilizes a quantitative approach with an explanatory method. The research data are secondary data obtained from the annual financial reports of BUS registered with the OJK and BNM from 2018 to 2023. The sampling technique employs non-probability sampling using the purposive sampling method, resulting in a sample of 7 Indonesian BUS and 8 Malaysian BUS. Data analysis techniques utilize panel data regression with E-Views 12 software. Findings – The results indicate that in Indonesia, liquidity has a significant impact on DER, whereas profitability and economic growth do not have a significant impact. Meanwhile, in Malaysia, profitability has a significantly negative effect on DER, while liquidity and economic growth have no significant effect. Implications – This study offers insights and reinforces the existence of the pecking order theory in Islamic banking in explaining the factors that influence capital structure. This study can help Islamic bank management in Indonesia and Malaysia control the DER ratio to mitigate the risk of default.

Qard Financing And Stability Of Islamic Rural Banks

Rahmat Rahmat, Agus Widarjono — Thu, 30 Oct 2025 00:00:00 +0700

The purpose of this study is to analyze the impact of Qard financing, market competition, internal bank factors and macroeconomic conditions on the stability of Islamic rural banks (IRBs) in Indonesia. This study analyzed as many as 123 banks that disbursed Qard financing in the 2015-2023 period using quarterly data. The analysis method used is panel data regression with an unbalanced data panel. This research also categorised IRBs into two groups: large and small. The study's results found that Qard financing has a negative effect on the stability of IRB. However, a large IRB faces a negligible risk compared to a small IRB in terms of distributing Qard financing, which reduces its stability. CAR, FDR and GDP have a positive effect on the stability of BPRS, while Assets, BOPO, NPF and COVID-19 have a negative effect on the stability of BPRS. The findings of this study have both theoretical and practical implications. From a theoretical perspective, although Qard financing reduces stability, it must still be distributed by IRB to achieve the goals of Maqasid Sharia. From a practical point of view, IBR must strengthen its fundamentals, such as capital and efficiency, to strengthen its stability.

The Influence of Competition, Financing Risk, and Capital Adequacy on the Stability of Islamic Commercial Banks in Indonesia

Umiyati, Iin Widiyawati — Thu, 30 Oct 2025 00:00:00 +0700

This study aims to analyze the influence of competition, financing risk, and capital adequacy on the stability of Islamic commercial banks in Indonesia. The research used panel data regression methods on 10 Islamic commercial banks in Indonesia from 2019–2023. The Z-Score approach was employed to measure bank stability. The results show that financing risk and capital adequacy significantly affect bank stability, while competition does not have a significant effect. Simultaneously, all three variables significantly influence stability. The findings emphasize the importance of improving risk management and capital reserves in maintaining financial stability amid increasing competition in the Islamic banking sector.

The Impact Of M-Banking On The Satisfaction Of Using Bank Syariah Indonesia With Financial Literacy As A Moderating Variable

Siti Chaniffiya Al Chanafi, Mufti Alam Adha, Faiza Husnayeni Nahar — Thu, 30 Oct 2025 00:00:00 +0700

Purpose - This study focuses on exploring how m-Banking usage, brand image, and customer protection contribute to customer satisfaction at Bank Syariah Indonesia (BSI), with financial literacy acting as a moderating variable. Islamic mobile banking in Indonesia has seen significant growth over the past decade, reflecting the country’s sizeable Muslim population and increasing demand for Sharia-compliant financial services. Account balance and transaction monitoring; Bill payments and fund transfers; Digital zakat, infaq, and sadaqah payments; Investment in Sharia mutual funds or sukuk (Islamic bonds); QRIS-based payments and e-wallet integration. Using a quantitative approach, this study surveyed to gather primary data through questionnaires distributed to the people in Magelang Regency. Method - This research sampled 100 respondents, chosen through non-probability sampling techniques, specifically targeting customers of Bank Syariah Indonesia. This study analyzed the data using the Partial Least Squares (PLS)-based Structural Equation Modeling (SEM) method. Findings - The results show that m-Banking usage, brand image, and customer protection significantly and positively affect customer satisfaction at Bank Syariah Indonesia. Interestingly, financial literacy does not serve as a moderating variable in the relationship between these three independent factors and customer satisfaction. Implications - These insights highlight the importance of enhancing m-Banking services, reinforcing brand image, and safeguarding customer rights as vital components in fostering customer satisfaction at Islamic banks.