Pengaruh Islamicity Performance Index dan Debt Equity Ratio Terhadap Profitabilitas dengan Intellectual Capital sebagai Variabel Moderasi Periode 2016-2020

Ahmad Afandi, Slamet Haryono

Abstract


The purpose of this study was to determine the effect of Islamicity Performance Index and Debt Equity Ratio on Profitability with Intellectual Capital as a moderating variable. This study uses firm size as a control variable. The type of research used is quantitative research using Moderate Regression Analysis (MRA) and using secondary data in the form of panel data at Islamic Commercial Banks (BUS) for the 2016-2020 period. Data processing uses the STATA application version 12. The population in this study is Islamic Commercial Banks in Indonesia for the 2016-2020 period. The sampling technique used purposive sampling, namely using certain criteria so as to produce 7 Islamic Commercial Banks as samples. The results showed that the Profit Sharing Ratio, Zakat Performance Ratio, Director-Employee Welfare Ratio, Islamic Income vs Non-Islamic Income had no effect on Profitability. While the Debt Equity Ratio has an effect on Profitability. In addition, Intellectual Capital is not able to moderate the Profit Sharing Ratio, Zakat Performing Ratio, Islamic Income vs Non Islamic Income Ratio to Profitability and is able to moderate the Director-Employee Welfare Ratio, Debt Equity Ratio. This research is expected to be useful for banks as a source of information and references that can be used as consideration in making decisions and increasing company profitability

Keywords


Profitabilitas, Islamicity Performance Index, Debt Equity Ratio, Intellectual Capital, Firm Size

Full Text:

PDF

References


Aguspriyani, Y. (2021). Pengaruh Non Performing Financing (NPF) Terhadap Profitabilitas Bank Umum Syariah Di Indonesia Pada Masa Pandemi Covid-19. Jurnal Keilaman, Kemasyarakatan Dan Kebudayaan, 22(1), 1–12.

Ahmad, S., Wasim, S., Irfan, S., Gogoi, S., Srivastava, A., & Farheen, Z. (2019). Qualitative v/s. Quantitative Research- A Summarized Review. Journal of Evidence Based Medicine and Healthcare, 6(43), 2828–2832. https://doi.org/10.18410/jebmh/2019/587

Alimy, J. I., & Herawaty, V. (2020). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan: Dengan Variabel Moderasi Prospector Strategy Pada Perusahaan Manufaktur Yang Terdaftar Di Idx Periode 2016-2018. Prosiding Seminar Nasional Pakar Ke 3 Tahun 2020, 1–9. https://trijurnal.lemlit.trisakti.ac.id/pakar/article/view/6853

Anggraeni, W. A. (2019). Social Performance pada Perbankan Syariah Indonesia: Sharia Enterprise Theory Perspective. Jurnal Wacana Ekonomi, 18, No.2, 034–042.

Askari, H. (2019). Islamicity Indices: A Moral Compass for Reform and Effective Institutions. International Journal of Islamic Economics, 1(01), 1. https://doi.org/10.32332/ijie.v1i01.1574

Aulia Rahayu, N. F., & Septiarini, D. F. (2019). Comparative Analysis of Islamicity Performance Index in ASEAN Islamic Banks in 2011 - 2016 Period (A Case Study on Indonesia, Malaysia, Brunei Darussalam, and Thailand). KnE Social Sciences, 3(13), 362. https://doi.org/10.18502/kss.v3i13.4216

Dinaroe, D., Mulya, I., & Mutia, E. (2019). Islamicity Financial Performance Index Perbankan Syariah Di Indonesia. Jurnal Perspektif Ekonomi Darussalam, 5(1), 99–112. https://doi.org/10.24815/jped.v5i1.14217

Fauzi, M., Hasan, A., & Oktari, V. (2020). Pengaruh Intellectual Capital, Kinerja Lingkungan dan Komite Audit Terhadap Kinerja Keuangan. Jurnal Kajian Akuntansi Dan Bisnis Terkini, 1(1), 89–105.

Felani, H., Wahyuni, S., & Pratama, B. C. (2020). The Analysis Effect of Islamicity Performance Index on the Financial Performance of Sharia Commercial Banks in Indonesia. Journal of Economics Research and Social Sciences, 4(2), 129–139. https://doi.org/10.18196/jerss.v4i2.8389

Hapsoro, D., & Falih, Z. N. (2020). The Effect of Firm Size, Profitability, and Liquidity on The Firm Value Moderated by Carbon Emission Disclosure. Journal of Accounting and Investment, 21(2). https://doi.org/10.18196/jai.2102147

Hayati, S. R., & Ramadhani, M. H. (2021). Analisis Kinerja Keuangan Bank Umum Syariah Melalui Pendekatan Islamicity Performance Index. Jurnal Ilmiah Ekonomi Islam, 7(2), 970–979. https://doi.org/10.29040/jiei.v7i2.2253

Ibrahim, R. H., & Muthohar, A. M. (2019). Pengaruh Komisaris Independen dan Indeks Islamic Social Reporting Terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Intervening. Jurnal Ilmiah Ekonomi Islam, 5(01), 9. https://doi.org/10.29040/jiei.v5i01.378

Ikrima, M., & Dahlifa. (2020). Analisis Pengaruh Islamicity Performance Index Terhadap Profitabilitas Bank Umum Syariah. Sekolah Tinggi Ilmu Ekonomi Indonesia, 1–19.

Ilyas, R. (2021). Peran Dewan Pengawas Syariah Dalam Perbankan Syariah. JPS (Jurnal Perbankan Syariah), 2(1), 42–53. https://doi.org/10.46367/jps.v2i1.295

Latifah, H. C., & Suryani, A. W. (2020). Pengaruh kebijakan dividen, kebijakan hutang, profitabilitas, dan likuiditas terhadap harga saham. Jurnal Akuntansi Aktual, 7(1), 31–44. https://doi.org/10.17977/um004v7i12020p31

Maharani, S. N., Syihhabudin, Rahmawati, S. A., & Sin, L. G. (2020). Reconstruction of islamic banking performance measurement models: A critical thought. Utopia y Praxis Latinoamericana, 25(1), 155–165. https://doi.org/10.5281/zenodo.3774599

Mawardi, P., Suherdiyanto, H., & Putra, R. M. S. (2020). IKIP PGRI Pontianak Dahulu, Kini, Masa Depan untuk Kejayaan Bangsa. Animage.

Muhammad, R., Abdul, R. M., & Mahfudnurnajamuddin. (2020). Pengaruh Debt To Equity Ratio ( DER ), Non Performing Loan ( NPL ), Loan To Deposit Ratio ( LDR ) dan Pertumbuhan Perusahaan terhadap Profitabilitas pada Perusahaan Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia. Paradoks: Jurnal Ilmu Ekonomi, 3(2), 97–111.

Musthafa, T. F., Triyuwono, I., & Adib, N. (2020). Application of Asset Revaluation By the Public Assessment Office: a Reflection of Sharia Accounting, Shari’Ah Enterprise Theory. International Journal of Economics, Business and Accounting Research (IJEBAR), 4(03), 16–26. https://doi.org/10.29040/ijebar.v4i03.1281

OJK. (2020). SPS Perbankan Syariah 2020. Ojk.

Orlando, G., & Bace, E. (2021). Challenging times for insurance, banking and financial supervision in Saudi Arabia (KSA). Administrative Sciences, 11(3). https://doi.org/10.3390/admsci11030062

Ovechkin, D. V., Romashkina, G. F., & Davydenko, V. A. (2021). The impact of intellectual capital on the profitability of russian agricultural firms. Agronomy, 11(2). https://doi.org/10.3390/agronomy11020286

Puji Prasetyo, P., Pantas, P. E., Jihadah Ashar, N., Riana Pertiwi, F., & Dahlan, A. (2020). Performance Comparison of Islamic Banking in Indonesia and Malaysia: Islamicity Performance Index Approach. Journal of Islamic Economics Perspectives, 2(1), 92–103.

Purnasari, N., Br Sitanggang, U. P., Lestari, W., Purba, R. D., & Juliarta, V. (2020). Pengaruh Currentratio, Debtto Equityratio, Returnonasset, Total Assetturnover Dan Asset Growthterhadap Kebiajakan Dividen Pada Perusahaan Manufaktur. Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi), 4(3), 1–8.

Rahmaniar, R., & Ruhadi. (2020). Analisis Dampak Islamicity Performance Index dan Modal Intelektual terhadap Kinerja Keuangan Bank Umum Syariah di Indonesia Analysis of the impact of Islamicity performance index and intellectual capital on the financial performance of commercial Islamic. Journal of Applied Islamic Economics and Finance, 1(1), 186–199.

Riyadi, S., Iqbal, M., Pangastuti, A. A., & Muditomo, A. (2021). Optimization of Profit-Sharing Financing at Islamic Banking in Indonesia. Jurnal Keuangan Dan Perbankan, 25(2), 260–279. https://doi.org/10.26905/jkdp.v25i2.5212

Shandy Utama, A. (2020). Perkembangan Perbankan Syariah Di Indonesia. UNES Law Review, 2(3), 290–298. https://doi.org/10.31933/unesrev.v2i3.121

Silanno, G. L., & Loupatty, L. G. (2021). Pengaruh Current Ratio , Debt To Equity Ratio Dan Return On Asset Terhadap Financial Distress Pada Perusahaan-Perusahaan Di Sektor Industri Barang Konsumsi (Studi Empiris Di Bursa Efek Indonesia). 2(07), 85–109.

Siswanti, I., Sharif, S. M., & Indrajaya, S. (2021). The Role of Corporate Social Responsibility and Sharia Compliance on Islamic Banks Performance in Indonesia and Malaysia. Journal of Asian Finance, Economics and Business, 8(6), 983–992. https://doi.org/10.13106/jafeb.2021.vol8.no6.0983

Suminto, A., & Kasanah, N. (2021). Corporate Social Responsbility (CSR) dan Islamic Banking - Service Quality (IB-SQ) Sebagai Upaya Penguatan Brand Image di Lembaga Perbankan Syariah. Wadiah, 5(1), 1–33. https://doi.org/10.30762/wadiah.v5i1.3156

Syafiqa K, N. A., Ishak, N., Hamzah, S. R., Abdul Halim, N., & Nurullah R, A. F. (2021). Assessing The Financial Performance Of Takaful Operators In Malaysia Through Return On Assets And Return On Equity. Science Proceedings Series (SPS), 3(1), 83–85.

Tangngisalu, J., Hasanuddin, R., Hala, Y., Nurlina, N., & Syahrul, S. (2020). Effect of CAR and NPL on ROA: Empirical study in Indonesia Banks. Journal of Asian Finance, Economics and Business, 7(6), 9–18. https://doi.org/10.13106/JAFEB.2020.VOL7.NO6.009




DOI: http://dx.doi.org/10.21043/malia.v6i1.12600

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 MALIA: Journal of Islamic Banking and Finance

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

images

http://journal.stainkudus.ac.id/indexing/moraref.jpg