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ANALYSIS OF MURABAHAH FINANCING ON SHARIA BANKING
PROFITABILITY DURING THE COVID-19 PANDEMIC
(CASE STUDY OF PRIVATE SHARIA BANK)
Gus Taufiequrahman1.
Mutia Pamikatsih2.
Rahmat Alhakim3 Universitas Nahdlatul Ulama Al Ghazali Cilacap gtopick8@gmail.
mutiacilacap4560@gmail.
rahmatalhakim2@gmail.
Abstract Murabahah financing is one of the superior products of sharia banking companies.
This financing has an important role in supporting the bank's financial performance, especially in uncertain economic conditions, such as the Covid-19 pandemic.
This research aims to analyze the effect of murabahah financing on profitability Islamic banking during the Covid19 pandemic.
Using quantitative descriptive methods.
The data used in this research is secondary data obtained from the official website of the financial services authority (OJK), using 60 murabahah financing report data and ROA reports.
From the analysis carried out, it was found that murabahah financing had a positive effect on profitability Islamic banking during the Covid-19 pandemic.
Keywords: Murabahah Financing,Profitability.
ROA.
Sharia Bank.
Covid-19 Introduction WHO determined the status of the Covid-19 Pandemic based on the number of viruses spreading significantly and sustainably globally, this was responded to by the Indonesian Government by determining the status of the Covid-19 outbreak as a National Disaster on March 14 2020 as stated in Presidential Decree Number 12 of 2020 concerning Determination of the Non-Natural Disaster Spread of Corona Virus Disease 2019 (Covid-.
as a National Disaster (President, 2.
This condition certainly hampers economic growth, especially in banking.
A study conducted by the Ministry of Finance shows that the Covid19 pandemic has had a negative impact on the national economy, such as a decline in consumption and people's purchasing power, a decline in company performance, threats to PROCEEDING Al Ghazali Internasional Conference Volume 1.
Desember 2024 The Future is Now: Adaptation to the WorldAos Emerging Technologies PROCEEDING Al Ghazali Internasional Conference e-issn.
the banking and financial sector, and the existence of Micro.
Small and Medium Enterprises (MSME.
(Alfajri, 2.
There are several direct effects of this pandemic on the banking sector.
First, there is a low interest rate scenario, along with the significant impact of COVID-19, which could then reduce profitability bank.
In addition, in this pandemic condition financial institutions have thus shifted to commission-based income from payments and technology businesses.
Second, one of the direct impacts of the health emergency on the global real economy is the increase in credit risk for both individual and corporate and retail customers.
To continue funding the real economy and support its recovery, banks are required to differentiate between temporary phenomena, which will be reabsorbed in the short term, and long-term impacts that require management and reclassification actions (Latoree et al.
, 2.
Profitability is one of the analytical tools used to assess management performance in generating profits or profits from the operations of a business.
High profitability can indicate good financial performance.
On the other hand, if the profitability achieved is low, it indicates less than optimal management performance in generating profits (Karina et al.
, 2.
Banks are companies that collect funds from the public and then distribute them back to the community through a financing system.
Financing is funding provided by one party to another party to support planned investments, whether carried out by themselves or by institutions (Ulpah, 2.
The growth of sharia banking financing in 2020 as mentioned above was dominated by murabahah financing .
11%) and musyarakah .
72%).
Mudharabah financing was ranked third with a percentage of 3.
The remainder is filled by other financing with qardh, ijarah, istishna, etc.
(OJK, 2.
This shows that murabahah financing is still the main choice among other financing.
From the above background, researchers will analyze the influence of murabahah financing on the profitability of sharia banking during the COVID-19 pandemic with a case study of private sharia banks.
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Literature review and hypothesis development Literature review In the murabahah financing concept, the bank buys goods requested by customers and then resells them at a higher price, including margin profits agreed between the bank and the customer.
In carrying out sales .
urabahah contract.
to customers, the bank does not produce the goods it will sell itself.
The bank makes purchases from suppliers regarding goods that it will sell to customers (Basri et al.
Profitability is one of the performance measures in describing the ability to generate profits during a certain period in a company (Darmawan & Sukartha, 2.
In this research, to measure the level of profitability, researchers used the Return On Assets (ROA) ratio as an analysis tool for profitability.
Return on Assets (ROA) or rate of return on assets is an indicator that measures how well a company is utilizing the assets it owns to generate profits (Setiabudhi, 2.
The formula for ROA can be seen below:
yayaycAyaycNya = ycAyaycN ycEycIycCyayaycN yayaycNyaycI ycNyaycU ycU100% ycNycCycNyaya yaycIycIyaycNycI Various studies show a positive relationship between murabahah financing and Islamic bank profitability.
Murabahah financing management is one of the largest asset components in sharia banks, which will generate income in the form of margin.
He got it margin can influence the profits obtained by Islamic banks, and ultimately increase bank profitability (Fitriyani et al.
, 2.
However, the positive influence is also influenced by other factors, such as government policies, inflation rates, and monetary policies implemented during the pandemic.
Hypothesis development Murabahah financing is a form of consumer financing, this financing uses a joint system.
The profits obtained from this financing are also in accordance with the PROCEEDING Al Ghazali Internasional Conference Volume 1.
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mutual agreement, the agreement between the sharia bank and the customer.
Previous research examining murabahah financing has a positive effect on profitability among them are Ferdian Arie Bowo .
Ahmad Maulidizen .
Based on the description above, a hypothesis can be put forward, namely:
H: financing has a positive effect on sharia banking profitability during the COVID-19 pandemic Research methods This research uses quantitative descriptive methods.
Qualitative descriptive (QD) is a research method that uses a simple qualitative approach with an inductive This research was carried out by analyzing sharia banking financial reports to see the profitability of sharia banking during the COVID 19 pandemic.
The population in the research was 14 sharia private banks recorded in OJK sharia banking Sampling uses an approach nonprobability sampling with method positive With Criteria for sharia private banks registered with the OJK, banks that have murabahah financing receivables reports for the period 2020 to 2022.
Banks that have ROA reports for the period 2020 to 2022.
The data used in this research is a secondary data source.
Discussion