Pengaruh Inflasi, Pembiayaan Mudharabah, dan Kinerja Keuangan Terhadap Profitabilitas Bank Umum Syariah Periode 2019-2023
Abstract
Inflation is one of the economic challenges that can affect the stability and Profitability of the banking sector including Islamic Commercial Banks. In addition, profit-sharing-based financing such as mudharabah and bank operational efficiency are also important factors in determining Profitability. This study aims to analyze the effect of Inflation, Mudharabah Financing, and Financial Performance on the Profitability of Islamic Commercial Banks for the period 2019-2023. Profitability in this study is measured using Return on Assets (ROA), while financial performance is represented by the ratio of Operating Costs to Operating Income (BOPO). The sample used in this study was Islamic Commercial Banks for the period 2019-2023 using purposive sampling as a sampling method. There are 7 Islamic Commercial Banks that meet the research criteria within the five-year observation time with a total of 35 research data used. This study uses multiple linear regression analysis with the help of IBM SPSS Statistics version 27 software.
The results showed that simultaneously, Inflation, Mudharabah Financing, and Financial Performance had a significant effect on ROA. However, partially, Inflation and Mudharabah Financing have no significant effect on ROA. Meanwhile, BOPO has a significant negative effect on ROA which indicates that the higher the BOPO ratio (operating expenses are greater than operating income), the bank's Profitability will decrease. Conversely, the lower the BOPO, which reflects better operational efficiency, the bank's Profitability will increase. This finding indicates that although macroeconomic factors such as inflation and mudharabah-based financing have the potential to affect Profitability, in this study, they did not show a significant influence. In contrast, operational efficiency, reflected in the BOPO ratio, proved to be the main factor contributing to the Profitability of Islamic Commercial Banks. The limitations of this study include the inadequate availability of comprehensive data on Mudharabah Financing from some banks and the limited sample size, which only consists of 7 banks.
Keywords: Profitability, inflation, mudharabah financing, operating expenses to operating income (BOPO)
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