Causality Analysis and Cointegration Between Mudharabah Financing and Return On Assets In Sharia Business Units Year 2016-2019

Delima Sari Lubis, Zulaikha Matondang, Hera Rusliani Siregar

Abstract


In increasing profitability, Islamic banks can take advantage of productive assets in the form of financing. One of them is mudharabah financing, the higher the mudharabah financing , the higher the level of profitability of Islamic banks. However, based on data on mudharabah financing with return on assets obtained from the financial services authority, the amount of mudharabah financing always increases every year during the 2016-2019 period. Meanwhile, the percentage of return on assets decreased during that period. The purpose of this research is to find out whether the two variables influence each other or not . The research method is correlation analysis with data analysis techniques used, namely descriptive, normality test, stationary test, lag test, Granger causality test, cointegration test, vector autoregretion (VAR) model test, Impulse Response Function (IRF) test, and Variance Decomposition test. (VD) which is processed using Eviews 10. The results obtained from the causality test are that there is a one-way relationship between Mudharabah Financing and Return On Assets with a probability value of 0.0326 < 0.05 , but there is no causal relationship between Return On Assets and mudharabah financing.

Full Text:

PDF

References


Agung Mulya Prasetyo, 2018, “Pengaruh Pembiayaan Mudharabah, Musyarakah, Murabahah dan Non Performing Financing terhadap Profitabilitas Bank Umum Syariah Periode 2012-2016.” Skripsi, IAIN Salatiga

Agus Triyanta. 2016. Hukum Perbankan Syariah. Malang: Setara Press.

Harsi Romli dkk, 2018, “Faktor-faktor yang Mempengaruhi Return on Asset Perusahaan Sektor Perkebunan yang terdaftar di Bursa Efek Indonesia Tahun 2011-2016 https://doi.org/10.29259/jmbs.v15i4.5723.” JURNAL MANAJEMEN DAN BISNIS SRIWIJAYA 15, no. 4 (Juni): hlm. 210.

Indah Wahyuningsih, 2017, “Pembiayaan Pembiayaan Mudharabah terhadap Profitabilitas (ROA) pada PT. Bank Muamalat Indonesia Tbk. Periode 2011-2015” 2, no. 2: hlm. 188.

Ismail, 2017, Perbankan Syariah, Jakarta: PT Kharisma Putra Utama.

Kasmir, 2014, Dasar-Dasar Perbankan, Jakarta: PT Raja Grafindo Persada.

Laila Rokhmah dan Euis Komariah. 2017. “Pembiayaan Mudharabah dan Musyarakah Terhadap Profitabilitas pada Bank Umum Syariah di Indonesia,” hlm 12.

Luh Putu Sukma dan Ni Luh Putu Wiagustin. 2015. “Pengaruh CAR, BOPO, NPL, dan LDR Terhadap Profitabilitas.” Jurnal Manajemen Unud 5, no. 4: hlm. 2140.

Muhammad Syafi’i Antonio., 2017, Bank Syariah dari Teori ke Praktik, Jakarta: Gema Insani.

Muhammad Yasir Yusuf dan Wan Sri Mahriana. 2018. “Faktor-Faktor Yang Mempengaruhi Tingkat Profitabilitas Bank Pembiayaan Rakyat Syariah (BPRS) Di Aceh,” IQTISHADIA Jurnal, hlm. 240.

Nofinawati, 2014, “Akad Dan Produk Perbankan Syariah,” FITRAH Vol. 08 No. 2 (Juli): hlm.231.

Sarip Muslim, 2015, Akuntansi Keuangan Syariah, Bandung: CV Pustaka Setia.

Windari dan Abdul Nasser Hasibuan, 2021, “Pengaruh Zakat Perbankan dan Corporate Social Responsibility Terhadap Rasio Profitabilitas Bank Umum Syariah di Indonesia,” Jurnal Imara Vol. 5, No. 1 (Juni): hlm. 65.


Refbacks

  • There are currently no refbacks.