The Effect of Inflation, BI Rate, and Profit-Sharing Rate on NPF in Islamic Banks
Abstract
This study investigates the effect of inflation, Bank Indonesia (BI) rate, and profit-sharing rate on non-performing financing (NPF) in Islamic commercial banks in Indonesia. Grounded in signaling theory, the research aims to identify how macroeconomic and internal banking factors influence the quality of Islamic banking assets. Using a quantitative approach, secondary data from eight Islamic Commercial Banks (BUS) registered with the Financial Services Authority (OJK) during the 2019–2023 period were analyzed. The study employed multiple linear regression analysis and classical assumption tests, including normality, multicollinearity, heteroscedasticity, and autocorrelation tests using SPSS version 25. The results indicate that inflation and BI rate have no significant effect on NPF due to the unique profit-sharing scheme in Islamic banks that adjusts to the profitability of customers' businesses. Conversely, the profit-sharing rate has a significant positive effect on NPF, suggesting that increases in the profit-sharing burden can heighten the risk of customer defaults. The findings underscore the distinct operational nature of Islamic banks and the necessity to monitor internal profit-sharing mechanisms more closely to manage financing risks effectively.
Downloads
References
Agustin, F. N., & Mulyono, A. (2025). Pengaruh Dana Pihak Ketiga, Tingkat Bagi Hasil Dan Non Performing Financing Terhadap Volume Pembiayaan Berbasis Bagi Hasil Pada KSPPS BMT NU Pringsewu. 6(1).
Anggriani, D., Fitrawaty, Sirait, R., Aisyah, S., & Anzani, W. (2024). Pengaruh Tingkat Suku Bunga (BI Rate) dan Jumlah Uang Beredar (JUB) Terhadap Tingkat Inflasi di Indonesia Tahun 2014-2023. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi, 4(1). https://doi.org/10.22225/wedj.4.2.2021.47-52
Angraini, D., & Sumantri, I. I. (2019). jurnal unpam -DPK 4 - Dila (2019) Y. 1(1).
Arumingtyas, F., & Muliati, L. (2019). Analisis Pengaruh Inflasi Terhadap Profitabilitas Bank Umum Syariah Devisa Di Indonesia. Prosiding Simposium Nasional Multidisiplin (SinaMu), 1. https://doi.org/10.31000/sinamu.v1i0.2127
Bahri, S. (2022). Pengaruh Pembiayaan Murabahah, Mudharabah, Dan Musyarakah Terhadap Profitabilitas. JAS (Jurnal Akuntansi Syariah), 6(1), 15–27. https://doi.org/10.46367/jas.v6i1.502
Bank Victoria Syariah. (2025). Laporan Tahunan 2019-2023. https://bankvictoriasyariah.co.id/page/sub/tahunan
Dwintama, F. P., Ramadhan, S., Darajat, I. F., Hak, N., & Hartini, K. (2021). Jurnal ilmiah akuntansi, manajemen & ekonomi islam (jam-ekis) volume 4, no.2, juli 2021. 4(2).
Fadhilah, alif rana, & Suprayogi, N. (2019). Pengaruh FDR, NPF Dan BOPO Terhadap Return To Asset Pada Perbankan Syariah Diindonesia. Jurnal Ekonomi Syariah Teori Dan Terapan, 6(12), 2369–2380.
Fahlevi, M. R. (2022). Pengaruh Inflasi, Kurs dan Gross Domestic Product terhadap Non Performing Financing (NPF) Perbankan Syariah Indonesia Periode 2016–2020. Jurnal Masharif Al-Syariah:Jurnal Ekonomi Dan Perbankan Syariah, 7(30), 482–509.
Fauzukhaq, M. F., Sari, D., & Wiranata, S. (2020). Pengaruh Inflasi, Bi Rate, Kurs, Car Dan Fdr Terhadap Non Performing Financing Bank Syariah Mandiri. Media Ekonomi, 28(2), 129–140. https://doi.org/10.25105/me.v28i2.7338
Hamdani, R. (2018). PENGARUH TINGKAT BAGI HASIL DAN JUMLAH PEMBIAYAAN TERHADAP PEMBIAYAAN BERMASALAH ANGGOTA BMT TAMZIS GODEAN PERIODE 2015-2017.
Harahap, M. A., & Alam, A. P. (2020). Analisis Pengaruh Inflasi, Kurs, Suku Bunga, Margin Bagi Hasil Terhadap Non Performing Financing Pada Bank Syariah. Jurnal Health Sains, 1(3), 196–206. https://doi.org/10.46799/jsa.v1i3.58
Hermawan, T. W., & Purwohandoko, P. (2020). Analisis Pengaruh Inflasi, Nilai Tukar Rupiah, BI Rate, Jumlah Uang Beredar, dan Indeks Shanghai Stock Exchange terhadap Indeks Sri Kehati di Bursa Efek Indonesia Periode 2014-2019. Jurnal Ilmu Manajemen, 8(4). https://doi.org/10.26740/jim.v8n4.p1338-1352
Ikhsan, R., & Karyatni, A. N. (2023). Analisis Faktor-Faktor yang Mempengaruhi Non Performing Financing (NPF) Pada Bank Syariah di Indonesia. Jurnal Locus Penelitian Dan Pengabdian, 2(2). https://doi.org/10.58344/locus.v2i2.865
Khoiriyah, U., Syam, A. H. B., Larasati, Maulana, M. D., & Rahmawati, R. (2022). Analisis Profitabilitas Bank Syariah Swasta di Indonesia sebelum dan Sesudah Covid -19 (Dengan Menggunakan Metode Horizontal). Shafin: Sharia Finance and Accounting Journal, 2(1). https://doi.org/10.19105/sfj.v2i1.5812
Kusumawati, N. (2024). PENGARUH SERTIFIKAT BANK INDONESIA SYARIAH (SBIS), NILAI TUKAR (KURS) DAN INFLASI TERHADAP PEMBIAYAAN BERMASALAH BANK UMUM SYARIAH DI INDONESIA PERIODE 2017-2021.
Laksono, P. B. (2021). Pengaruh PDB, Inflasi, FAR, Dan BOPO terhadap Tingkat NPF Pada Bank Umum Syariah Periode 2016-2019. Jurnal Syarikah, 7(1).
Lestari, E. D., Trimulato, Ismawati, & Nuringsih. (2023). Pengaruh Tingkat Bagi Hasil, NPF dan DPK Bagi Profitabilitas Pada PT. Bank Muamalat Indonesia. 3(1), 22–43.
Lestari, T. P., & Musyafa’. (2022). Jurnal Rekognisi Ekonomi Islam. Jurnal Rekognisi Ekonomi Islam, 1(1), 35–59.
Nasikin, Y., & Yuliana, I. (2022). Peran Retrun On Assets (ROA) Sebagai Variabel Mediasi Pada Pengaruh Non Performing Loan (NPL) Dan BI Rate Terhadap Harga Saham Bank BUMN Periode 2011 – 2020. Owner, 6(1). https://doi.org/10.33395/owner.v6i1.616
Ningrum, A. V. R. S., & Kustiningsih, N. (2023). Pengaruh Non Performing Financing (NPF), Inflasi, Dan Dana Pihak Ketiga (DPK) Terhadap Tingkat Pembiayaan Murabahah Pada Bank Syariah Mandiri. Jurnal Revenue : Jurnal Ilmiah Akuntansi, 3(Vol. 3 No. 2 (2023): Jurnal Revenue : Jurnal Ilmiah Akuntansi). https://revenue.lppmbinabangsa.id/index.php/home/article/view/114/179
Nurhaya, Achmad, L. I., Ainulyaqin, M., & Edy, S. (2024). Analisis Pengaruh Bagi Hasil, Inflasi, Nilai Tukar, dan Bi-Rate Terhadap Dana Pihak Ketiga pada Bank Bjb Syariah. Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah, 6(5), 4911–4928. https://doi.org/10.47467/alkharaj.v6i5.2041
Rika, L. (2016). Dampak Inflasi, Bi Rate, Capital Adequacy Ratio (Car), Biaya Operasional Pendapatan Operasional (Bopo)Terhadap Nonperforming Financing (Npf) Pada Bank Umumsyariah Di Indonesia. I-Finance: A Research Journal on Islamic Finance, 2(1), 1–19. https://doi.org/10.19109/ifinance.v2i1.1006
Sari, T. I., & Veterina, I. (2021). Pengaruh Return on Asset, Total Assets Turnover, Price Earning Ratio dan Dividend Per Share Terhadap Harga Saham (Studi Empiris pada Perusahaan Manufaktur Sub Sektor Pertambangan yang Terdaftar di BEI Periode 2015-2019. Jurnal Ekonomi Dan Manajemen (EMT), 5(1). https://doi.org/10.35870/emt.v5i1.216
Siringoringo, A. R., Sihotang, E., Harefa, I. S. N. W., Attauladan, M. R., Anggraeni, R., Arisanti, S. A., Sutanda, V., & Ompusunggu, D. P. (2025). Analisis Pengaruh BI Rate dan Inflasi Terhadap Indeks Harga Saham Gabungan Di Indonesia Periode 2019-2023 : Studi Dengan Model VAR. 4(3).
Susanti, N. I. (2016). Pengaruh Tingkat Bagi Hasil Dan Pendapatan Nasabah Terhadap Pembiayaan Bermasalah (Studi Kasus Uspps Ausath Blokagung Banyuwangi). Jurnal Hukum Islam, Ekonomi Dan Bisnis, 2(2), 32–49.
Syakhrun, M., Anwar, A., & Amin, A. (2019). Pengaruh Car, Bopo, Npf Dan Fdr Terhadap Profitabilitas Pada Bank Umum Syariah Di Indonesia. Bongaya Journal for Research in Management (BJRM), 2(1), 1–10. https://doi.org/10.37888/bjrm.v2i1.102
Talumantak, R. (2020). Analisis Pengaruh Pertumbuhan Pdb, Inflasi Dan Bi Rate Terhadap Non Performing Loan Bank Yang Terdaftar Pada Bursa Efek Indonesia. Jurnal Ekonomi Pendidikan Dan Pariwisata, 15(1).
Copyright (c) 2025 Nisrina Qurrotul ’Aini, Shandrina Agustin Rahayu, Irwan Sutirman Wahdiat, Mardi Mardi
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
