Indonesian Journal of Law and Economics Review
Vol 19 No 4 (2024): November
Financial Accounting

Key Drivers of Profitability in Indonesian Sharia Banks
Faktor Utama Profitabilitas Bank Syariah di Indonesia


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  • Neli Septiani,
  • Imelda Dian Rahmawati *
Neli Septiani
Universitas Muhammadiyah Sidoarjo, Indonesia
Imelda Dian Rahmawati
Universitas Muhammadiyah Sidoarjo, Indonesia *

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
DOI: https://doi.org/10.21070/ijler.v19i4.1278
Published January 17, 2025
Keywords
  • Sharia banking,
  • profitability,
  • FDR,
  • BOPO,
  • NPF
How to Cite
Septiani, N., & Rahmawati , I. D. (2025). Key Drivers of Profitability in Indonesian Sharia Banks. Indonesian Journal of Law and Economics Review, 19(4), 10.21070/ijler.v19i4.1278. https://doi.org/10.21070/ijler.v19i4.1278

Copyright (c) 2025 Neli Septiani, Imelda Dian Rahmawati

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This work is licensed under a Creative Commons Attribution 4.0 International License.

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Abstract

Background: The banking sector significantly contributes to Indonesia's economic growth, with profitability serving as a key measure of performance and credibility, particularly in sharia banking. Knowledge Gap: Despite the importance of factors like Financing to Deposit Ratio (FDR), Operating Expense to Operating Income (BOPO), and Non-Performing Financing (NPF), their combined impact on profitability in Islamic banking remains underexplored. Aims: This study examines the influence of FDR, BOPO, and NPF on the profitability of Indonesian sharia banks. Methods and Results: Using data from 11 sharia banks listed on the Indonesian Stock Exchange (2018–2022) and multiple linear regression analysis, the study finds FDR and NPF have no significant effect, while BOPO negatively impacts profitability, emphasizing the importance of operational efficiency. Novelty and Implications: This study highlights the critical role of prudential and efficient financial management in Islamic banking, offering insights for enhancing profitability and resilience in Indonesia's sharia banking sector.

Highlight :

  • BOPO significantly impacts profitability, highlighting the need for operational efficiency in sharia banking.
  • FDR and NPF show no significant influence on profitability, indicating other factors may play a role.
  • Prudential financial management is crucial for enhancing resilience and growth in Islamic banks 

Keywords: Sharia banking, profitability, FDR, BOPO, NPF

 

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