Determinan Variabel Makroekonomi Terhadap Pembiayaan Mudharabah Perbankan Syariah Indonesia: Analisis Error Correction Model (ECM)

  • Misfi Laili Rohmi Institut Agama Islam Negeri Metro
  • Mahfudz Reza Fahlevi Institut Agama Islam Negeri Syaikh Abdurrahman Siddik Bangka Belitung

Abstract

This study intends to investigate the impact of macroeconomic factors such as inflation, the BI rate, the exchange rate, and the Money Supply (JUB) on Islamic banking's mudharabah financing, which includes all Islamic Commercial Banks (BUS) and Sharia Business Units (UUS) in Indonesia. The Error Correction Model (ECM) analysis was used to identify the short- and long-term effects of the independent variable on the dependent variable. During the monthly period of 2016-2021, secondary data was gathered from Sharia Banking Statistics (SPS) OJK, Central Statistics Agency (BPS), and Bank Indonesia (BI). The data show that only the Money Supply (JUB) has an influence on internal mudharabah financing in the near term, whereas the other three factors, such as inflation, BI rate, and interest rate, have no effect.

Published
2022-06-18
How to Cite
ROHMI, Misfi Laili; FAHLEVI, Mahfudz Reza. Determinan Variabel Makroekonomi Terhadap Pembiayaan Mudharabah Perbankan Syariah Indonesia: Analisis Error Correction Model (ECM). FINANSIA: Jurnal Akuntansi dan Perbankan Syariah, [S.l.], v. 5, n. 01, p. 1-18, june 2022. ISSN 2621-4644. Available at: <https://e-journal.metrouniv.ac.id/index.php/FINANSIA/article/view/4531>. Date accessed: 09 aug. 2022. doi: https://doi.org/10.32332/finansia.v5i01.4531.

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