Main Article Content
Abstract
Introduction
Islamic banking has become an integral part of the global financial system, particularly in the Persian Gulf region. Due to its reliance on profit-sharing and non-interest-based operations, Islamic banking faces unique challenges in maintaining stability, particularly when financing problems arise.
Objectives
This study analyzes the effect of Non-Performing Financing (NPF), operational efficiency, and input-output optimization on the stability of Islamic banks in the Persian Gulf countries.
Method
This study employs a quantitative approach using panel data regression models, specifically the random effects model (REM), to analyze data from 27 Islamic banks in eight Persian Gulf countries. The study includes classical assumption tests, such as normality, multicollinearity, and heteroscedasticity, followed by hypothesis testing using t-tests and F-tests.
Results
The results indicate that both NPF and efficiency have significant negative impacts on the stability of Islamic banks. The t-test reveals that NPF has a probability value of 0.0447 and a negative coefficient, suggesting that higher NPF levels reduce bank stability. Similarly, operational efficiency, as measured by the input and output variables, also shows a negative influence on stability, with a probability value of 0.0435. The F-test confirms that NPF, input, and output significantly affect Islamic bank stability, with an F-statistic probability value of 0.038223.
Implications
These findings have important implications for the management of Islamic banks in the Persian Gulf countries. Effective management of NPF is critical for maintaining stability, and operational improvements in efficiency can also enhance financial performance. Islamic banks should focus on improving their financing practices, including better monitoring problematic loans and diversifying revenue streams to reduce reliance on financing income.
Originality/Novelty
This study contributes to the understanding of Islamic bank stability by exploring the combined effects of Non-Performing Financing (NPF) and operational efficiency on bank financial health. By focusing on Islamic banks in the Persian Gulf countries, this study highlights region-specific challenges and offers strategies for mitigating financial risks and enhancing bank resilience through better management of NPF and operational efficiency.
Keywords
Article Details
Copyright (c) 2024 Lathifah Zaina Salsabilla, Tiara Juliana Jaya
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References
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Hassan, M. K., & Aliyu, S. (2018). A contemporary survey of Islamic banking literature. Journal of Financial Stability, 34, 12–43. https://doi.org/10.1016/j.jfs.2017.11.006
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Marsondang, A., Purwanto, B., & Mulyati, H. (2020). Pengukuran efisiensi serta analisis faktor internal dan eksternal bank yang memengaruhinya [Efficiency measurement and analysis of internal and external factors that influence the bank]. Jurnal Manajemen Dan Organisasi, 10(1), 48–62. https://doi.org/10.29244/jmo.v10i1.28860
Minarni, Abidin, M., & Ekowati, V. M. (2023). The influence of financial performance on profitability of sharia commercial banks in Indonesia using the CAMEL method. Journal of Islamic Economics Lariba, 9(2), 329–352. https://doi.org/10.20885/jielariba.vol9.iss2.art4
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