What Determines Murabahah Margin Income? Evidence from Islamic Commercial Banks in Indonesia

Abstract

This study aims to examine factors that influence Murabahah margin income. Spefically it investigates the effect of the Central Bank of Indonesia Rate (BI Rate), Operating Expenses to Operating Income (OEOI), Non-Performing Financing (NPF), and wadiah savings on Murabahah margin income at Islamic Commercial Banks in Indonesia. The method used in this study is quantitative by using the multiple linear regression analysis to test the variables. 12 Islamic Commercial Banks were selected as the sample using a purposive sampling method. With 60 data observations for 5 years, the findings indicate that all the independent variables simultaneously affect the dependent variable. Partially, BI Rate does not affect Murabahah margin income, while in contrast, Operating Expenses to Operating Income (OEOI), Non-Performing Financing (NPF), and wadiah savings affect the Murabahah margin income.

Determinants Of Murabaha Margin Income Of Islamic Commercial Banks In Indonesia

“…Penelitian Iriani and Yuliafitri (2018); Malim and Normalini (2018) Pengaruh simpanan wadiah terhadap pendapatan margin murabahah sudah pernah dikaji dalam penelitian terdahulu, dengan hasil yang berbeda. Penelitian Yuniar (2018); Nisa (2020); Wahyuni, Mulyany, and Zuhri (2021) menemukan bahwa simpanan wadiah atau dana pihak ketiga berpengaruh positif terhadap pendapatan margin murabahah. Akan tetapi berbeda dengan penelitian Budianti (2021); Neng (2023) yang menemukan bahwa simpanan wadiah atau dana pihak ketiga tidak berpengaruh terhadap pendapatan margin murabahah.…”

“…);Yuniar (2018);Nisa (2020);Repi (2021);Wahyuni, Mulyany, and Zuhri (2021);Satria, Sugianto, and Harahap (2023) yang menyatakan bahwa simpanan wadiah atau dana pihak ketiga April 2024, Vol.5, No.1: 107-121 pISSN 2721-6241 eISSN 2721-7094 https://ejournal.stiesyariahbengkalis.ac.id/index.php/jps berpengaruh positif terhadap pendapatan margin murabahah. Namun bertolak belakang dengan penelitian Budianti (2021); Neng (2023) yang menyatakan bahwa simpanan wadiah atau dana pihak ketiga tidak berpengaruh terhadap pendapatan margin murabahah.…”