The Impact of CAR, NPF, and FDR on the Financial Performance of Non-Merged BUS Companies for the 2022–2025 Period
DOI:
https://doi.org/10.24252/iqtisaduna.v12i2.69469Keywords:
BOPO, CAR, NPF, FDR, Financial Performance, Sharia Private BanksAbstract
This study is motivated by the asset gap in the Islamic banking industry after BSI mega-merger, which has intensified competitive pressure on non-merged Islamic commercial banks whose market share reached 41.68% as of December 2024. This study aims to analyze the effect of CAR, NPF, and FDR on the financial performance of non-merger Islamic commercial banks during the 2022–2025 period. The research uses an explanatory approach with a population of 11 Islamic commercial banks, through purposive sampling, 8 non-merger Islamic commercial banks registered with the Financial Services Authority (OJK) and having complete financial statements for the 2022–2025 period. The results show that CAR has a significant negative effect on ROA, while NPF and FDR do not have a significant effect on ROA. However, CAR, NPF, and FDR simultaneously have a significant effect on ROA. : It can be concluded that CAR has a significant negative effect on ROA, NPF has no significant effect on ROA, FDR has no significant effect on ROA, and simultaneously, CAR, NPF, and FDR have a significant effect on ROA.
Downloads
References
Amin, A., & Sulfati, A. (2024). Desember 2024 Halaman 332-344 Islamic Banking Company Value Through Capital Adequacy, Problematic Financing and Efficiency. 20(2),332–344. https://journal.iaingorontalo.ac.id/index.php/ab/article/view/5909/2605
Antonio, M. S. (2001). Bank Syariah: Dari Teori ke Praktik. Gema Insani.
Ariessa, P. Y. (2018). Pengaruh NPF Dan FDR Terhadap CAR Dan Dampaknya Terhadap ROA Pada Perbankan Syariah Di Indonesia. Jurnal Ilmiah Ekonomi Islam, 4(03), 148–159. https://doi.org/10.29040/jiei.v4i03.30
Auda, J. (2008). Maqasid Al-Shariah as Philosophy of Islamic Law: A Systems Approach. IIIT.
Azzahra, H. R., & Setiabudi Nugroho, H. (2025). Determinasi kinerja perbankan syariah di Indonesia: peran moderasi good corporate governance. Borobudur Accounting Review, 5(1), 25–42. https://doi.org/10.31603/bacr.13734
Baltagi, B. H. (2005). Econometric analysis of panel data (3rd ed.). John Wiley & Sons.
Basuki, A. T. (2021). Analisis data panel dalam penelitian ekonomi dan bisnis (dilengkapi dengan penggunaan Eviews). UMY Press.
Emilia, N., Ananda, A. S., & Yuniar, H. S. (2025). Pengaruh CAR, FDR, NPF, BOPO Terhadap ROA Bank Muamalat. RIGGS: Journal of Artificial Intelligence and Digital Business, 4(2), 787–798. https://doi.org/10.31004/riggs.v4i2.570
Firdausi, S., & Krisnaningsih, D. (2024). Pengaruh Non Performing Financing (NPF) Dan Financing To Deposit Ratio (FDRTerhadap Retrurn On Asset (ROA) Pada Banbk BCA Syariah. Jurnal Tabarru’ : Islamic Banking and Finance, 7(1), 33–49. https://doi.org/10.25299/jtb.2024.vol7(2).21486
Gujarati, D. N., & Porter, D. C. (2009). Basic econometrics (5th ed.). McGraw-Hill Irwin
Hafiz, A. P., Hamzah, M. M., & Safitri, S. J. J. (2025). Pengaruh Rasio Car, Fdr, Bopo Dan Npf Terhadap Roa Bank Umum Syariah Di Indonesia Periode 2021-2023 the Effect of Car, Fdr, Bopo and Npf Ratios on the Roa of Sharia Commercial Banks in Indonesia for the 2021-2023 Period. Margin : Journal Of Islamic Banking, 5(1), 41–62. https://doi.org/10.30631/margin.v5i1.3000
Hakim, L., Pamikatsih, M., & Setiabudi, H. (2023). Analisis Pengaruh Car, Npf, Dan Fdr Terhadap Roa Bank Umum Syariah. Jesya, 6(1), 661–673. https://doi.org/10.36778/jesya.v6i1.1008
Maharani, N. S., & Trishananto, Y. (2025). Pengaruh NPF dan FDR terhadap ROA dengan CAR sebagai Variabel Intervening pada Bank Umum Syariah di Indonesia Tahun 2019-2023. Jurnal Keuangan Dan Perbankan, 21(2), 113–122. https://doi.org/10.35384/jkp.v21i2.692
Merdiana, N., Muzalifah, Istiqomah, & Hikmah. (2025). Analisis Kinerja Keuangan Bank Syariah melalui Pendekatan Rasio Keuangan : Studi Komparatif. 8(2). Jurnal Akuntansi dan Keuangan Kontemporer (JAKK), 8(2), 495–506.
Murtadho, T. R., Ponirah, A., Nur Hidayat, N., & Sakinah, G. (2025). The impact of capital adequacy, financing risk, and profitability on the market share of Islamic banks in Indonesia. Al-Bank: Journal of Islamic Banking and Finance, 5(2), 164–178. https://doi.org/10.31958/ab.v5i2.15943
Nisa, T., Anita, L., & Carmidah, C. (2022). Pengaruh Fdr Dan Npf Terhadap Roa Bank Umum Syariah Indonesia 2017-2020. FINANSIA : Jurnal Akuntansi Dan Perbankan Syariah, 5(2), 193–204. https://doi.org/10.32332/finansia.v5i2.5434
Qurotulaeni, Q., & Wirman, W. (2021). Pengaruh FDR dan NPF Terhadap Profitabilitas Bank Umum Syariah di Indonesia (Studi Pada Bank Umum Syariah Yang Terdaftar di Otoritas Jasa Keuangan Periode 2012-2019)). Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah, 6(3), 586. https://doi.org/10.30651/jms.v6i3.7173
Safira, A., Sopingi, I., & Musfiroh, A. (2024). Pengaruh Bopo Dan Npf Terhadap Profitability. Jurnal Ekonomi Dan Bisnis Syariah, 05(01), 1–7. https://doi.org/10.64454/tj.v5i01.62
Setiawan, I., & Senjiati, I.H. (2025). Pengaruh BOPO, CAR, NPF dan FDR terhadap Return on Aset (ROA) BTPN Syariah 2013-2023. Jurnal Riset Perbankan Syariah, 21–30. https://doi.org/10.29313/jrps.v4i1.6542
Sulistyawati, A. I., Faerdi, D. A. R. M., Rosyati, & Surjanti, L. P. N. S. (2024). Pengaruh Risiko Dan Effisiensi Terhadap Kinerja Bank Syariah. Management Studies and Entrepreneurship Journal (MSEJ), 5(1), 1001–1019. http://journal.yrpipku.com/index.php/msej
Surono, Mohammad Djadjuli, H. S. M., Tatmimah, I., & Muzayyanah. (2024). Dampak Capital Adequacy Ratio, Biaya Operasional Pendapatan Operasional Dan Non Performing Financing Terhadap Return On Asset Bank Umum Syariah Tahun 2016-2019. Jurnal Ilmiah Mahasiswa Perbankan Syariah (JIMPA), 4(1), 107–116. https://doi.org/10.36908/jimpa.v4i1.333
Syam, I. R., & Silondae, P. A. (2024). Kajian Pemikiran Ekonomi Islam Abu ‘Ubaid Al-Qasim Bin Salam dan Relevansinya di Indonesia (1). 7, 80–95. Syarikat: Jurnal Rumpun Ekonomi Syariah. https://doi.org/10.25299/syarikat.2024.vol7(1).13675
Tawakal, N. (2024). Pengaruh CAR dan DPK Terhadap ROA Bank Umum Syariah di Indonesia Periode 2021-2024. Jurnal Ilmiah Ekonomi Dan Manajemen, 2(6), 720–730.https://doi.org/10.61722/jiem.v2i6.1613
Tyas, I.A. (2024). Pengaruh NPF, CAR dan BOPO Terhadap ROA pada Bank Victoria Syariah Periode 2015-2022. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi, 4(1), 3125–3139. Retrieved from https://www.ulilalbabinstitute.id/index.php/EKOMA/article/view/6468.
Widarjono, A. (2013). Ekonometrika: Pengantar dan aplikasinya. Ekonosia.
Winarno, S. H., Elvira, L., Syarif, M., & Hudiyah, D. (2025). FDR Dan NPF Terhadap ROA dalam Lanskap Perbankan Syariah : Analisis Empiris Bank Syariah Indonesia. Ecodemica : Jurnal Ekonomi , Manajemen dan Bisnis. 9(2), 77–87. https://doi.org/10.31294/ecodemica.v9i2.11410
Wooldridge, J. M. (2013). Introductory econometrics: A modern approach (5th ed.). South-Western, Cengage Learning.
Yuliana, I. R., & Listari, S. (2021). Pengaruh CAR, FDR, Dan BOPO Terhadap ROA Pada Bank Syariah Di Indonesia. Jurnal Ilmiah Akuntansi Kesatuan, 9(2), 309–334.
