Examining profit-sharing financing dynamics in Indonesian Islamic banking: ECM and ARDL approaches

Purpose – This study examines the key factors driving profit-sharing financing growth in Indonesian Islamic banks and offers insights into post-Covid-19 recovery strategies. Methodology – This study used the ECM and ARDL methods to analyze short-term adjustments and long-term dynamics in 35 Indones...

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Bibliographic Details
Main Authors: Sandi Sandia, Ascarya Ascarya, Sulaeman Sulaeman
Format: Article
Language:English
Published: Center for Islamic Economics Studies and Development 2025-08-01
Series:Jurnal Ekonomi dan Keuangan Islam
Subjects:
Online Access:https://journal.uii.ac.id/JEKI/article/view/38399
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Summary:Purpose – This study examines the key factors driving profit-sharing financing growth in Indonesian Islamic banks and offers insights into post-Covid-19 recovery strategies. Methodology – This study used the ECM and ARDL methods to analyze short-term adjustments and long-term dynamics in 35 Indonesian Islamic banks. Findings – The results indicate that money supply, liquidity ratio, and financial profitability drive both short- and long-term growth in profit-sharing financing. Conversely, inflation and financial risk negatively affect the long-term expansion of such financing. Meanwhile, exchange rates, interest rates, and operational efficiency do not have a significant influence. Additionally, the findings highlight that long-term relationships in profit-sharing financing remain stable, with temporary short-term imbalances. Implications – This study provides evidence for policymakers and Islamic bank management to develop strategies to enhance profit-sharing financing, support Islamic banking growth, and guide post-Covid-19 recovery policies. Insights highlight key areas for strengthening Islamic banking operations in Indonesia. Originality – This study builds on previous research by applying the ECM and ARDL frameworks, providing a more comprehensive analysis of profit-sharing financing determinants in Indonesian Islamic banking.
ISSN:2088-9968
2614-6908