THE IMPACT OF TEMPORARY SYIRKAH FUNDS, ROA, AND CORPORATE GOVERNANCE ON ISLAMIC BANKING PERFORMANCE WITH MAQASHID SHARIA APPROACH

Authors

  • Salsabila Firdausia <p>Universitas Jenderal Soedirman</p>
  • Christina Tri Setyorini Universitas Jenderal Soedirman
  • Poppy Dian Indira Kusuma Universitas Jenderal Soedirman

DOI:

https://doi.org/10.30595/raar.v3i2.19493

Keywords:

Sharia Banks, Temporary Syirkah Funds, ROA, Good Corporate Governance, Sharia Objectives Performance

Abstract

The Covid-19 pandemic has significantly impacted the global economy, including the banking sector in Indonesia. Islamic banks in Indonesia have demonstrated better stability compared to conventional banks due to their adherence to Sharia principles, including profit-sharing. This study aims to analyze the influence of temporary syirkah funds, ROA, and good corporate governance on Maqashid Sharia performance in Indonesian Islamic banks. Multiple linear regression is used to examine these relationships, using financial reports from Sharia banks registered with the Otoritas Jasa Keuangan from 2015 to 2020. The analysis reveals that temporary syirkah funds have a positive and significant effect on Maqashid Sharia performance. However, ROA, DPS, and good corporate governance variables do not significantly impact Islamic Maqashid performance. This study highlights that proper management of temporary syirkah funds is a crucial factor influencing Maqashid Sharia performance in Islamic banks. This effective management can enhance public trust and attract more investments in Islamic banks, ultimately providing a substantial source of funds for their operations. This underscores the role of Islamic banks as effective financial intermediaries.

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Published

2024-05-21

Issue

Vol. 3 No. 2 (2023): Review of Applied Accounting Research (RAAR) - October

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