THE EFFECT OF LIQUIDITY, NON-PERFORMING FINANCING, CORPORATE SOCIAL RESPONSIBILITY, AND CAPITAL ADEQUACY RATIO ON FINANCIAL PERFORMANCE, WITH THE QUALITY OF THE SHARIAH SUPERVISORY BOARD AS A MODERATING VARIABLE AT INDONESIAN SHARIAH COMMERCIAL BANKS FOR THE PERIOD 2020–2025
DOI:
https://doi.org/10.22437/9vrk1m56Abstract
Abstract
This study aims to analyze the effects of liquidity, non-performing financing, corporate social responsibility, and the capital adequacy ratio on financial performance, with the quality of the Sharia Supervisory Board serving as a moderating variable, in Indonesian Sharia commercial banks for the period 2020–2025. The independent variables in this study consist of liquidity, proxied by the Financing-to-Deposit Ratio (FDR); Non-Performing Financing (NPF); Corporate Social Responsibility (CSR); and the Capital Adequacy Ratio (CAR). The dependent variable in this study is financial performance, proxied by Return on Equity (ROE). This study employs a quantitative approach using secondary data obtained from annual reports and sustainability reports. The sampling technique utilized purposive sampling, resulting in a sample of 48 data points. The data analysis methods employed include multiple linear regression and MRA, conducted using SPSS version 22. The results of this study indicate that liquidity, as proxied by the FDR, has no effect on financial performance; non-performing financing has no effect on financial performance; corporate social responsibility has a significant positive effect on financial performance; the capital adequacy ratio has no effect on financial performance; the Sharia Supervisory Board moderates the effect of liquidity on financial performance; while the DPS does not moderate the effects of NPF, CSR, and CAR on financial performance at Indonesian Sharia commercial banks during the 2020–2025 period.
Keywords: Liquidity, Non-Performing Financing, Corporate Social Responsibility, Capital Adequacy Ratio, Financial Performance, Sharia Supervisory Board
References
Africa, L. A. (2023). Pengaruh Non Performing Financing Pada Kinerja Keuangan Bank Syariah : Dewan Pengawas Syariah Sebagai Moderasi. J-MACC : Journal of Management and Accounting, 6(2), 153–161. https://doi.org/10.52166/j-macc.v6i2.3858
Arasyid, Anwar, S., & Meinarsih, T. (2024). Pengaruh Corporate Social Responsibility, Aktivitas, Dan Leverage Terhadap Kinerja Keuangan Pada Perusahaan Perbankan Syariah Yang Terdaftar Di Bursa Efek Indonesia Tahun 2021-2022. Jurnal Akuntansi Bisnis Dan Ekonomi, 10(1), 81–92. https://doi.org/10.33197/jabe.vol10.iss1.2024.1929
Aula, R., Sumiyati, S., & Mai, M. U. (2022). The Effect of Corporate Social Responsibility Disclosure on the Performance of Islamic Banks in Indonesia. Jurnal Manajemen Bisnis, 13(1), 93–107. https://doi.org/10.18196/mb.v13i1.12832
Berliana, A. D., Saniman, W., & lestari sri, S. (2022). Analisis Pengaruh Non Performing Financing (Npf), Financing To Deposit Ratio (Fdr), Biaya Operasional Terhadap Pendapatan Operasional (Bopo) Dan Debt To Equity Ratio (Der) Terhadap Return on Equity (Roe) Pada Bank Umum Syariah Di Indonesia Periode 2016- 2. Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah, 7(30), 128–155. https://doi.org/10.30651/jms.v7i1.10032 Volume
Dionna, F. L. S., & Sholahuddin, M. (2025). Pengaruh Likuiditas, Non Performing Financing dan Capital Adequacy Ratio terhadap Profitabilitas dengan Credit Risk sebagai Variabel Moderasi pada Bank Umum Syariah Indonesia. Paradoks : Jurnal Ilmu Ekonomi, 8(1), 300–313. https://doi.org/10.57178/paradoks.v8i1.1091
Fitriyani, A., Irawan, R., & Rifandi, Y. A. (2025). Pengaruh Kebijakan Struktur Modal dan Likuiditas Terhadap Risiko Keuangan Pada Bank Umum Syariah yang Terdaftar di Otoritas Jasa Keuangan Periode 2019-2023. Jurnal Ekonomi Bisnis Antartika, 3(2), 143–151. https://doi.org/10.70052/jeba.v3i2.1031
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. In Corporate Governance: Values, Ethics and Leadership. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=94043
John Dowling & Jeffrey Pfeffer. (1975). Organizational Legitimacy: Social Values and Organizational Behavior. https://www.researchgate.net/publication/272566785
Kharazi, M. (2022). Pengaruh Fdr Dan Npf Terhadap Profitabilitas (Roa) Bank Syariah Yang Terdaftar Di Bursa Efek Indonesia (Periode 2018-2022). Syariah: Journal of Islamic Law, 4(2), 144. https://doi.org/10.22373/sy.v4i2.635
Michael Spence. (1973). Job Market Signaling. In The Quarterly of Economics (Vol. 87, Number 3, pp. 355–374). http://www.jstor.org/stable/1882010
Mustion, S., Ahmad Wira, & Rozalinda. (2024). Pengaruh Dewan Pengawas Syariah, Good Corporate Governance Terhadap Kinerja Bank Syariah Indonesia. Jurnal Perbankan Syariah, 3(1), 40–52. https://doi.org/10.20414/jps.v3i1.9394
Norma, R., Dini, H., & Rani. (2024). Pengaruh Npf, Fdr, Car, Bopo, Terhadap Roe Bank Syariah. 04(April), 48–56. https://doi.org/10.32764/izdihar.v4i01.3820
OJK. (2025). Metadata Statistik Perbankan Syariah (Departemen Perizinan Dan Informasi Perbankan). https://ojk.go.id/id/data-dan-statistik/default.aspx?utm
Pardistya, I. Y. (2021). Pengaruh NPF, FDR dan CAR terhadap ROE di Bank Umum Syariah Periode 2016-2020. Jurnal Ilmiah MEA (Manajemen, Ekonomi Dan Akuntansi), 5, No 3(3), 12. https://doi.org/10.31955/mea.v5i3.1406.
Pranata M. Aji Aditiya, & Hasyim Fuad. (2024). Pengaruh Kinerja Keuangan TerhadapProfitabilitas dengan Financial Leverage Sebagai Variabel Moderasi pada Bank Umum Syariah. Al Iqtishod: Jurnal Pemikiran Dan Penelitian Ekonomi Islam, 12(1), 18–34. https://doi.org/10.37812/aliqtishod.v12i1.1272
Prasojo, P., Hadinata, S., & Shalihin, M. Y. (2020). Corporate Social Responsibility Dan Kinerja Keuangan Bank Umum Syariah. EkBis: Jurnal Ekonomi Dan Bisnis, 2(2), 151. https://doi.org/10.14421/ekbis.2018.2.2.1130
R. Edward Freeman. (1984). Strategic Management: A Stakeholder Approach. Cambridge University Press, 2010. https://archive.org/details/strategicmanagementstakeholderapproach
Surono, S., Djadjuli, M., Margapradja, H. S., Tatmimah, I., & Muzayyanah, M. (2024). Dampak Capital Adequacy Ratio, Biaya Operasional Pendapatan Operasional Dan Non Performing Financing Terhadap Return On Asset Bank Umum Syariah Tahun 2016-2019. Jurnal Ilmiah Mahasiswa Perbankan Syariah (JIMPA), 4(1), 107–116. https://doi.org/10.36908/jimpa.v4i1.333
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Tiara Amanda Rosmalia, Amirah Amirah, Yuni Utami
This work is licensed under a Creative Commons Attribution 4.0 International License.
