Macro Variable Effect Analysis and Non-Performing Financing (NPF) Against the Return On Asset (ROA) Islamic Banks In Indonesia Year 2008-2017

Fikri Ainul Qolbi(1*), Dwi Pratika Karisma(2), Imron Rosyadi(3)

(1) Universitas Muhammadiyah Surakarta
(2) Universitas Muhammadiyah Surakarta
(3) Universitas Muhammadiyah Surakarta
(*) Corresponding Author


Islamic Banks is a business entity that raises and distributes funds from the community and for the community. The study was conducted to analyze the macro variables and NPF (Non-Performing Finance) to ROA (Return on Assets) to determine the relationship between short-term and long-term between variables. The analysis model used is the Eagle Granger ECM Stage Two test that uses secondary data from the serial data (time series). The results of this study indicate that NPF simultaneously, GDP, and interest rates affect the ROA. Partially GDP positive and significant effects in the long term and short term, NPF positive and significant effect in the long term, interest rate, and no significant positive effect on ROA.


ROA;Islamic Banks;NPF;GDP;Two-Stage ECM Eagle Granger

Full Text:



Cupian, A. (2016). “The Impact Macroeconomic Variables on Indonesia Islamic Banks Profitability.” Jurnal Ekonomi Dan Bisnis Islam, Vol. 02.

Dimas, B. W. K. (2018). Analysis of the impact on selected macroeconomic Indicators on Islamic Banks Profitability Indonesia. International Journal of Economics Business and Management Research (IJEBMR), Vol. 02(Issue. 04).

Indah, D. P. (2016). Pengaruh Non Performing Loan and Capital Adequancy Ratio (CAR) terhadap Propabilitas. Jurnal Managemen Fakultas Ekonomi. Universitas Negeri Semarang.

Kuncoro, G. T. (2018). Dampak indikator Makro terhadap Profitabilitas perbankan Syariah. Universitas Muhammadiyah Surakarta.

Nenda, N. N. (2016). Pengaruh CAR, Pembiayaan, NP dan BOPO terhadap ROA Bank Umum Syariah. Universitas Diponegoro.

Rahman, M., Asaduzzaman, M., & Hossin, M. (2017). Impact of Financial Rations on Non-performing Financings of Publicly Traded Commercial Banks in Bangladesh. International Journal of Financial Research (IJFR), Vol. 08(Issue. 01).

Rehmat, U. A. (2012). Foreign Direct Investment, Economic Growth, Trade, and Domestic Investment Relationship : An Econometric Analysis of Selected South Asian Countries. Interdisciplinary Journal Of Contemporary Research In Business (IJCRB), Vol. 03(Issue. 09).

Saputra, T. A. (2015). Pengaruh Variabel Makroekonomi terhadap ProfitabilitasPerbankan Syariah di Indonesia periode 2010-2013. Universitas Muhammadiyah Surakarta.

Sari, A. W. (2014). Analisis pengaruh Variabel Non Performing Financing (NPF), Financing To Deposit (FDR) dan Capital Adequacy Ratio (CAR) terhadap Tingkat Profitabilitas pada Bank Umum Syariah. Jurnal Kajian Ilmiah Akuntansi Fakultas Ekonomi, Vol. 3.

Setiawati, M. L. (2016). Pengaruh Variabel Ekonomi makro terhadap profitabilitas Bank Syariah. Jurnal Ekonomi Manajemen.

Syachfuddin, D. (2017). Pengaruh Faktor Makroekonomi, Dana Pihak ketiga, dan Pangsa Pembiayaan terhadap profitabilitas Industri perbankan Syariah di indonesia tahun 2011- - 2015. Jurnal Ekonomi Syariah Teori Dan Terapan, Vol. 4.

Undang-Undang. UU No. 21 tahun 2008 tentang Perbankan Syariah. , (2008).

Article Metrics

Abstract view(s): 685 time(s)
PDF: 582 time(s)


  • There are currently no refbacks.