Innovative and Sustainable Performance of Islamic Bank: Comparing the Financial Ratios between Two Different Organizations in Indonesia

Authors

  • Andi Ratna Sari Dewi Department of Management, Faculty of Economics and Business, Universitas Hasanuddin, Makassar, Indonesia
  • Pilifus Junianto Department of Management, STIE Bentara Persada
  • Andi Aswan Department of Management, Faculty of Economics and Business, Universitas Hasanuddin, Makassar, Indonesia
  • Alim Bahri Azhari Institute of Social Sciences Bursa Uludag University – Türkiye
  • A Nanda Jeihan Fatihah Faculty of Low, Universitas Hasanuddin, Makassar, Indonesia
  • A Nadya Nurul Faqiha Faculty of Management, Faculty of Economics and Business, Universitas Hasanuddin, Makassar, Indonesia

DOI:

https://doi.org/10.61707/4denw568

Keywords:

BUS, UUS, Spin-off, Indonesia

Abstract

The law that requires every UUS to change into a BUS by 2023 is the background for this research. Financial indicators show that UUS performance is better than BUS so, through this research, the authors will compare the financial performance of Islamic Banks which were previously in the form of UUS, and after changing their business entity to BUS. Currently, in Indonesia, there is thirteen BUS that previously had UUS status. The sampling in this investigation used a purposive sampling technique with two criteria so that two samples were obtained, namely Bank BJB Syariah and Bank BNI Syariah. The observation period was carried out for seven years when the status was UUS and eight years after becoming a BUS. The source of data in this study comes from the financial statements of each bank which contain the ratio of PPAP, FDR, NOM, ROA, and BOPO. This comparative study uses the Mann-Whitney U test non-parametric test analysis technique. The comparative study conducted concluded that there were differences in financial performance before and after the spin-off for the FDR and BOPO ratios, while the PPAP, NOM, and ROA ratios were not found to be different.

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Published

2024-08-31

Issue

Section

Articles

How to Cite

Innovative and Sustainable Performance of Islamic Bank: Comparing the Financial Ratios between Two Different Organizations in Indonesia. (2024). International Journal of Religion, 5(11), 8221 – 8228. https://doi.org/10.61707/4denw568

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