Analisis Tingkat Kesehatan Bank Umum Syariah yang Terdaftar di Bursa Efek Indonesia (BEI) Berdasarkan Metode RGEC dan Kinerja Zakat Performance Serta Perkembangan Nilai Perusahaan Periode 2022-2024

Muchammad Yahya Mubarok, Moh. Amin, Ahsani Taqwiem

Abstract


This study aims to analyze the financial soundness of Islamic Commercial Banks using the RGEC method, zakat performance proxied by the Zakat Performance Ratio (ZPR), and firm value proxied by Price to Book Value (PBV) during the 2022–2024 period. The research employs a quantitative descriptive approach using secondary data, including financial statements, annual reports, zakat reports, and stock price data from three Islamic Commercial Banks listed on the Indonesia Stock Exchange, namely PT Bank Syariah Indonesia Tbk, PT Bank Panin Dubai Syariah Tbk, and PT Bank BTPN Syariah Tbk. The results indicate that overall bank soundness is in a healthy condition, reflected by controlled financing risk, good implementation of Good Corporate Governance (GCG), relatively optimal profitability, and adequate capital levels. Zakat performance varies across banks but generally reflects compliance with Islamic principles. Meanwhile, firm value shows fluctuations influenced by financial performance and risk perception. Descriptively, the findings suggest that bank soundness and zakat performance have a complementary relationship with firm value, where the combination of strong financial performance and consistent social commitment tends to provide positive signals to investors.

Keywords: Capital Adequacy Ratio, Good Corporate Governance, Non Performing Financing, Price to Book Value, Return on Assets, Zakat Performance Ratio.


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