IMPACT OF COVID-19 ON SHARIA BANK PROFITS: A CASE STUDY AT BANK MUAMALAT
Downloads
The entry of the COVID-19 into Indonesia caused the paralysis of the Islamic banking system, including Bank Muamalat. This study aims to determine how the impact of covid-19 entry into Indonesia on Bank Muamalat's operating profit. This study uses a descriptive method with a comparative approach with financial statement data, namely the period before entering covid-19 (2017 to 2019) and the period after entering covid-19 (2020 to 2022). The results of this study indicate that the value of Asymp. Sig. (2-tailed) value is 0.006 <0.05. This means that there is a difference in the operating profit of Bank Muamalat before and after the entry of Covid-19 into Indonesia. These results indicate that the COVID-19 pandemic has a real impact on the financial performance of Bank Muamalat, especially in terms of operating profit. This shows the importance of analysing how changes in the global situation, such as a pandemic, can affect financial institutions, including Islamic banking. In this context, Bank Muamalat may have to take certain actions or strategies to overcome the challenges arising from the pandemic.
Copyright (c) 2023 Abd Kholik Khoerulloh, Atharyanshah Puneri
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with Airlangga International Journal of Islamic Economics and Finance agree to the following terms:
- Authors retain copyright and grant AIJIEF the right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to remix, adapt and build upon the work with an acknowledgment of the work's authorship and of the initial publication in AIJIEF.
- Authors are permitted to copy and redistribute 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 AIJIEF.
