THE EFFECT OF FINANCING ON PROFITABILITY OF ISLAMIC BANKS: AN ANALYSIS BEFORE AND DURING PANDEMIC

Abstract

The study aims to examine the effect of sharia financing on the profitability of islamic banks. Sharia financing is measured from the financing most widely used by sharia banks, namely sales and purchase financing and profit sharing financing, while profitability is measured using ROA. This study uses a quantitative method with a comparative descriptive approach. The results of the study before Covid-19 showed that sales and purchase financing had a significant positive effect and profit sharing financing had a significant negative effect on profitability. While during Covid-19, the results of the study showed that sales and purchase financing had a positive but insignificant effect and profit sharing financing did not have a negative effect on profitability. This influence can be interpreted that the more the sales and purchase financing increases, the more profitability will increase, conversely, the more the profit sharing financing increases, the profitability of sharia banks will decrease.Krisis Covid-19 mengancam perekonomian dunia, termasuk perbankan syariah. Penelitian ini bermaksud untuk menguji pengaruh pembiayaan jual beli dan pembiayaan bagi hasil terhadap profitabilitas perbankan syariah sebelum dan pada masa Covid-19. Pembiayaan jual beli dan bagi hasil diukur secara total untuk masing-masing jenis pembiayaan dan profitabilitas menggunakan ROA. Penelitian ini menggunakan metode kuantitatif dengan pendekatan deskriptif komparatif. Sebanyak 198 sampel penelitian Bank Syariah di Indonesia tahun 2017-2022 digunakan. Teknik dokumentasi digunakan dan pengolahan data dilakukan melalui analisis regresi linier berganda dengan menggunakan software EViews-10. Hasil penelitian sebelum Covid-19 menunjukkan hasil yang signifikan dimana pembiayaan jual beli berpengaruh positif dan pembiayaan bagi hasil berpengaruh negatif terhadap profitabilitas. Sedangkan pada masa Covid-19 hasilnya menunjukkan tidak signifikan dimana pembiayaan jual beli berpengaruh positif dan pembiayaan bagi hasil berpengaruh negatif terhadap profitabilitas. Kata Kunci: Profitabilitas; Pembiayaan Jual-Beli; Pembiayaan Bagi Hasil