Comparative Analysis of Bank Muamalat's Profitability in Implementing Fintech

Zefri Maulana; Rifka Annisa Putri; Mutia Sumarni; Muhammad Ikhwan  Bin Mauluddin

doi:10.24239/jipsya.v6i2.279.127-248

Authors

Zefri Maulana IAIN Langsa
Rifka Annisa Putri IAIN Langsa
Mutia Sumarni IAIN Langsa
Muhammad Ikhwan Bin Mauluddin University Malaya

DOI:

https://doi.org/10.24239/jipsya.v6i2.279.127-248

Keywords:

Competitive, Profitability, Financial Technology (Fintech), Bank Muamalat Indonesia

Abstract

Technological innovation has become the basis of information in the financial services industry, currently many new technologies are ready to drive the next wave of financial services innovation, one of which is financial industry innovation in the form of financial technology or fintech. The fintech industry emerged due to various constraints of banking and other financial institutions. The economic development of a country is strongly supported by the banking sector. The profitability of Bank Muamalat Indonesia is a benchmark in the banking world to determine the extent to which the bank has achieved its goal, namely obtaining good profits to increase bank profits. The aim of this research is to analyze the comparison of Bank Muamalat Indonesia before and after collaborating with fintech. The method used in this research is a quantitative method with the data source used from the annual financial report of Bank Muamalat Indonesia for the period 2006-2023. This research uses secondary data analysis using the normality test method, paired sample t-test for normally distributed data and the Wilcoxon signed test for data that is not normally distributed. The research results obtained show that at Bank Muamalat Indonesia the variables ROA, ROE, BOPO, GPM have a negative and significant effect after collaborating with fintech during the 2006-2023 period and the NIM and NPM variables have a positive and significant effect. This indicates that Bank Muamalat Indonesia's financial condition is experiencing income instability even though it has collaborated with fintech

References

Amali, L. M., & Selvi, S. (2021). Pengaruh E-Banking Terhadap Kinerja Keuangan Perbankan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Manajemen & Organisasi Review (MANOR), 3(1), 36–47. https://doi.org/10.47354/MJO.V3I1.284

Amrin, E. (2022). Studi Komparasi Layanan Fintech Dalam Meningkatkan Keuangan Inklusif Pada Umkm Di Kota Palopo. Ecobisma (Jurnal Ekonomi, Bisnis Dan Manajemen), 9(2), 114–125. https://doi.org/10.36987/ECOBI.V9I2.2722

Bagaskara, D. Y., & Rohmadi, R. (2024). Analisis Faktor-Faktor Kinerja Keuangan Terhadap Profitabilitas: Studi Kasus Perbankan Syari’ah di Indonesia Tahun 2020-2022. Perbanas Journal of Islamic Economics and Business, 4(1), 34–45. https://doi.org/10.56174/PJIEB.V4I1.234

Dwi, L. A., & Wediawati, B. (2022). Analisis Perbandingan Dana Pihak Ketiga, Efisiensi Biaya Operasional Dan Profitabilitas Sebelum Dan Sesudah Penerapan Laku Pandai (Branchless Banking) Pada Bank BRI. Jurnal Dinamika Manajemen, 10(4), 154–163. https://doi.org/10.22437/jdm.v10i4.19590

Junaidi, N. H. (2023). Manfaat dan Permasalahan Pengimplementasian Financial Technology (Fintech) Syariah pada Pembiayaan UMKM PT Bank Muamalat Cabang Balai Kota Medan. Jurnal Ilmiah Mahasiswa Pendidikan Agama Islam [JIMPAI], 3(6), 539–551. https://jurnalmahasiswa.umsu.ac.id/index.php/jimpai/article/view/2694

Melky, F. A. (2022). Analisis Pengaruh Fintech Adoption Terhadap Profitabilitas Bank Umum Konvensional Di Indonesia. Contemporary Studies in Economic, Finance and Banking, 1(1), 13–24. https://doi.org/10.21776/csefb.2022.01.1.02

Nazifah, U., & Sukardi, B. (2023). The Effect Of Asset-Liability Management On Sharia Bank Performance. I-Finance: A Research Journal on Islamic Finance, 9(2), 109–129. https://doi.org/10.19109/IFINANCE.V9I2.17629

Pramana, A. B. (2022). Pengaruh Fintech Terhadap Kinerja Keuangan Perbankan Syariah: Proposal Penelitian. Prosiding Seminar Nasional Manajemen Dan Bisnis, 2. http://prosiding.senmabis.nusaputra.ac.id/index.php/prosiding/article/view/53

Rolas, O., Naibaho, A., Sanggam, L. D., Alnaya, D., Aldi, A. M., Hasyim, H., William Iskandar Ps, J. V, Baru, K., & Percut Sei Tuan, K. (2024). Analisis Perbandingan Kinerja Keuangan Perbankan Konvensional Dan Perbankan Syariah. Jurnal Kewirausahaan Cerdas Dan Digital, 1(3), 10–28. https://doi.org/10.61132/JUKERDI.V1I3.103

Wibowo, D., Wanakusuma, I. W., & Simamora, S. C. (2023). Analisis Perbandingan Rasio Profitabilitas Bank Muamalat Sebelum dan Sesudah Penerapan Muamalat Mobile dan Muamalat Digital Islamic Network (DIN). Technomedia Journal, 8(1 Special Issues), 108–122. https://doi.org/10.33050/TMJ.V8I1SP.2071

Sofyan, A.S., Abror, A., Putra, T.W., Muslihati, M., Sofyan, S., Sirajuddin, S., Katman, M.N. and Darussalam, A.Z. (2022), "Crisis and disaster management for halal tourism: a systematic review", Tourism Review, Vol. 77 No. 1, pp. 129-145. https://doi.org/10.1108/TR-08-2020-0390

Sofyan, A.S., Rusanti, E., Nurmiati, N., Sofyan, S., Kurniawan, R. and Caraka, R.E. (2024), "Islam in business ethics research: a bibliometric analysis and future research agenda", International Journal of Ethics and Systems, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJOES-02-2024-0058

Mera, N., Marzuki, M., Sapruddin, S., & Cahyani, A. I. (2024). Child Custody Rights for Mothers of Different Religions: Maqāṣid al-Sharī'ah Perspective on Islamic Family Law in Indonesia. Samarah: Jurnal Hukum Keluarga dan Hukum Islam, 8(3), http://dx.doi.org/10.22373/sjhk.v8i3.23809

MULIATI, M., MAYAPADA, A. G., PARWATI, N. M. S., RIDWAN, R., & SALMITA, D. (2021). Does Audit Matter in Earnings Quality of Indonesia Banks?. The Journal of Asian Finance, Economics and Business, 8(2), 143-150. https://doi.org/10.13106/jafeb.2021.vol8.no2.0143