Financial Performance and Company Zakah Payment on Islamic Banks in Indonesia
Abstract
Financial performance is an indicator of commercial functions in Islamic banks, along with zakah as an indicator of social function. The influence between the two is important to know in order to encourage efforts and strategies for developing Islamic banks. This article aims to describe the description of profitability and zakat payments of Islamic Commercial Banks and to verify the effect of profitability on company zakat payments. The research method used in this research is quantitative research methods using SPSS for data analysis. This study uses secondary data from five Islamic Commercial Banks as research samples from 14 existing BUS during the 2015-2019 period. This study found the fact that the variables ROA, ROE, and BOPO simultaneously have a significant effect on zakat. Meanwhile, ROA and ROE partially have a significant effect on zakat. While BOPO partially does not affect zakat.
References
Aisjah, S., & Hadianto, A. E. (2013). Performance Based Islamic Performance Index (Study on the Bank Muamalat Indonesia and Bank Syariah Mandiri). Asia Pacific Management and Business Application, 2(2), 98–110. https://doi.org/10.21776/ub.apmba.2013.002.02.2
Al-Homaidi, E. A., Tabash, M. I., & Ahmad, A. (2020). The Profitability of Islamic Banks and Voluntary Disclosure: Empirical Insights from Yemen. Cogent Economics and Finance, 8(1), 1–22. https://doi.org/10.1080/23322039.2020.1778406
Asfarina, M., Ascarya, A., & Beik, I. S. (2019). Classical and Contemporary Fiqh Approaches to Re-Estimating the Zakat Potential in Indonesia. Journal of Islamic Monetary Economics and Finance, 5(2), 387–418. https://doi.org/10.21098/jimf.v5i2.1068
Asmalia, S., Kasri, R. A., & Ahsan, A. (2018). Exploring the Potential of Zakah for Supporting Realization of Sustainable Development Goals ( SDGs ) in Indonesia. International Journal of Zakat, Special Issue on Zakat Conference, 51–69.
Asrori. (2014). Implementasi Islamic Corporate Governance dan Implikasinya terhadap Kinerja Bank Syariah. Jurnal Dinamika Akuntansi, 6(1), 90–102.
Bahrini, R. (2017). Efficiency Analysis of Islamic Banks in the Middle East and North Africa Region: A Bootstrap DEA Approach. International Journal of Financial Studies, 5(7), 1–13. https://doi.org/10.3390/ijfs5010007
Fitriani, A. P., Sutrisno, & Rahman, A. F. (2018). Analyzing Factors that Influence Syariah Commercial Bank Financial Performance in Indonesia Based on Syariah Enterprise Theory (set) Perspective. Jurnal Akuntansi, 22(2), 192. https://doi.org/10.24912/ja.v22i2.347
Frastuti, M., Putra, D. P., & Effendi, E. (2019). Peranan Komisaris dan Direksi Bank Syariah dalam Pengelolaan Dana Zakat dan ISR (Islamic Social Responsibility) di Indonesia. Journal of Business Administration, 3(2), 172–180. https://doi.org/10.30630/jakmenpnp.14.2.178
Ghenimi, A., Chaibi, H., & Omri, M. A. B. (2017). The effects of liquidity risk and credit risk on bank stability: Evidence from the MENA region. Borsa Istanbul Review, 17(4), 238–248. https://doi.org/10.1016/j.bir.2017.05.002
Jayanti, W. T., Khairani, S., & Pratiwi, R. (2014). Pengaruh Kinerja Keuangan terhadap Zakat Bank Umum Syariah yang Terdaftar di Bank Indonesia Periode 2010-2014. 17, 1–10.
Kholidah, H. (2018). Pengaruh Kinerja Sosial Terhadap Profitabilitas pada Bank Syariah. The International Journal of Applied Business (TIJAB), 2(2), 58–68.
Listiyorini, D., & Rita, M. R. (2020). Analisis Kinerja dan Dikomposisi Indeks Maqashid Syariah pada Perbankan Syariah. Laa Maisyir: Jurnal Ekonomi Islam, 7(1), 19–30.
Masyita, D. (2018). Lessons Learned of Zakah Management from Different Era and Countries. Al-Iqtishad: Journal of Islamic Economics, 10(2), 441–456.
Mispiyanti, M., & Junaidi, J. (2016). Zakat as Social Function of Shariah Banking Related to SMEs Empowerment for Poverty Alleviation. International Journal of Islamic Business Ethics, 1(2), 110. https://doi.org/10.30659/ijibe.1.2.110-120
Mukhlis, A., & Beik, I. S. (2013). Analisis Faktor-faktor yang Memengaruhi Tingkat Kepatuhan Membayar Zakat: Studi Kasus Kabupaten Bogor. Al-Muzara’ah, 1(1), 83–106. https://doi.org/10.29244/jam.1.1.83-106
Mushtaq, A., Nisar, T., & Ali, H. F. (2020). Investigating the Nexus Between Islamic Work Ethics and Organization Citizenship Behavior. International Review on Management and Marketing, 10(4), 31–34. https://doi.org/10.21315/aamj2017.22.1.8
Naysary, B., Salleh, M. C. M., & Abdullah, N. I. (2020). A comprehensive appraisal of Sharīʿah governance practices in Malaysian Islamic banks. ISRA International Journal of Islamic Finance, 12(3), 381–400. https://doi.org/10.1108/IJIF-09-2018-0104
Otoritas Jasa Keuangan. (2019). Statistik Perbankan Syariah Januari 2019. OJK. https://www.ojk.go.id/id/kanal/syariah/data-dan-statistik/statistik-perbankan-syariah
Pusat Kajian Strategis. (2018). Fiqih Zakat Perusahaan. PUSKAS, Badan Amil Zakat Nasional.
Pusat Kajian Strategis. (2019). Outlook Zakat Indonesia 2020. Baznas.
Qardhawi, Y. (2011). Hukum Zakat. Litera Antarnusa.
Romadhani, E. L., & Wahyudi, R. (2015). Pengaruh Islamic Corporate Identity (ICI) terhadap Kinerja Bank Syariah di Indonesia. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 6(2), 125–140.
Rusydiana, A. S., & Al Farisi, S. (2016). The Efficiency of Zakah Institutions Using Data Envelopment Analysis. Al-Iqtishad: Journal of Islamic Economics, 8(2), 213–226. https://doi.org/10.15408/aiq.v8i2.2876
Sirajuddin, & Nurdin, M. S. (2017). Perbankan Syariah (Studi Perbandingan Pandangan antara Nejatullah Siddiqi dan Afzalur Rahman). Laa Maisyir: Jurnal Ekonomi Islam, 5(1), 1–18.
Solihin, K., Ami’in, S. N., & Lestari, P. (2019). Maqashid Shariah sebagai Alat Ukur Kinerja Bank Syariah Telaah Konsep Maqasid Sharia Index (MSI) Asy-Syatibi. Laa Maisyir: Jurnal Ekonomi Islam, 6(2), 1–33.
Sumiyati, A. (2017). Pengaruh Profitabilitas Terhadap Pengeluaran Zakat dengan Ukuran Perusahaan Sebagai Variabel Moderasi Pada Bank Umum Syariah di Indonesia. 5(1), 1–9.
Tabash, M. I., & Anagreh, S. (2017). Do Islamic Banks Contribute to Growth of the Economy? Evidence from United Arab Emirates (UAE). Banks and Bank Systems, 12(1), 113–118. https://doi.org/10.21511/bbs.12(1-1).2017.03
Waluya, A. H. (2017). Fikih Zakat Simpanan di Bank dan Hukum-Hukumnya. Al-Uqud : Journal of Islamic Economics, 1(2), 156–182.
By submitting your manuscript to our journal, you are following Copyright and License.
