Effect of Sharia Banking RGEC toward Indonesian GDP

Nurma Yulita () and Muhammad Wakhid Musthofa
Additional contact information
Nurma Yulita: Universitas Islam Negeri Sunan Kalijaga Yogyakarta
Muhammad Wakhid Musthofa: Universitas Islam Negeri Sunan Kalijaga Yogyakarta

EkBis: Jurnal Ekonomi dan Bisnis, 2022, vol. 6, issue 2, 129-140

Abstract: This investigation aims to analyze the effect of sharia banking financial performance using the RGEC method (Risk Profile, Good Corporate Governance, Earnings, Capital) on the Gross Domestic Product (GDP). The independent variables in this study were measured the Capital Adequacy Ratio (CAR), Financing to Deposit Ratio (FDR), Operating Costs to Operating Income (BOPO), Good Corporate Governance (GCG), and Return On Equity (ROE), while the dependent variables measured by the percentage of Gross Domestic Product (GDP). The type of research is quantitative with six samples of Sharia banks consisting of Bank Muamalat Indonesia, BRI Syariah, BNI Syariah, Bank Mandiri Syariah, Bank Mega Syariah, and BCA Syariah with data for the quarter of 2016 to 2020. The analysis technique data were analyzed using panel regression with a fixed effect model method processed with Eviews 12 software. The results showed that the FDR, BOPO, and ROE variables had a positive influence and were significant on Indonesia's gross domestic product. Furthermore, the CAR and GCG variables cannot influence Indonesia's economic growth. Meanwhile, the results of Test F show the RGEC ratio of sharia banks had a significant influence on the Gross Domestic Product (GDP) at the same time.

Keywords: Sharia Banking; RGEC; Gross Domestic Product (GDP) (search for similar items in EconPapers)
JEL-codes: D04 G21 G32 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ejournal.uin-suka.ac.id/febi/ekbis/article/view/1694/1078 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:ekbisj:1694

Access Statistics for this article

EkBis: Jurnal Ekonomi dan Bisnis is currently edited by Achmad Nurdany

More articles in EkBis: Jurnal Ekonomi dan Bisnis from UIN Sunan Kalijaga Yogyakarta Contact information at EDIRC.
Bibliographic data for series maintained by Achmad Nurdany ().