Keywords
Inflation
Exchange Rate
BI Rate
Equivalent Rate
How to Cite
Abstract
This study aims to analyze the effect of inflation exchange rate and BI rate and BI rate on Sharia Commercial banks on third party funds (DPK) during the period 2018 - 2022 with Equivalent Rate (ER) as an intervening variable. The object of this study is Islamic Commercial banks, namely foreign exchange banks. Type of quantitative research using time series data, this study uses secondary data. Sampling was carried out on three Islamic Commercial Bank Included in foreign exchange banks with saturated sampling techniques. These banks are Bank Muamalat, Bank Mega Syariah, Bank Panin Dubai Syariah. Data Analysis methods used in include multiple linear reggression testing, hypothesis testing, Classical Assumption testing, path Analysis and descriptive statistical testing processed through Eviews 10 Software. The results revealed that third party funds (DPK) are partially positively influenced by the BI rate and Inflation. Meanwhile, third party funds partially show the negative influence of exchange rates and Equivalent rates. The results of the analysis also indicate thet the Equivalent Rate has a role as a mediator in linking the influence of inflation, exchange rate and BI rate on third party funds (DPK), this is in line with the finding of the path analysis conducted.
References
Abida Muttaqiena. (2013). Analysis of the Influence of GDP, Inflation, Interest Rates, and Exchange Rates on Third Party Funds of Islamic Banking in Indonesia 2008-2012.” Journal of Economic Development Analysis 2, No. 3, 175–186. Afdhal Yaman. (2023).
Analysis of Third Party Funds and Shock Variables During the Pandemic Period at Islamic Commercial Banks in Indonesia.” AMAL: Journal of Islamic Economic and Business (JIEB) 04, No. 02, 1–14.
Akbar, Khairil, and Reselia Situmorang. (2022). The Effect of Exchange Rates and Bank Indonesia Interest Rates on Third Party Funds at Bankaltimtara for the 2016-2018 Period.” Jurnal Eksis 18, No. 2, 95–106
Afiyanti Tripuspitorini, F. (2020). The Influence Of Macroeconomic Factors On The Growth Of Third Party Funds In Islamic Commercial Banks In Indonesia. Journal Of Accounting And Financial Research, 8 (1), 121-132.
Intentionally, I. U. (2015). Analysis of the effect of macroeconomic variables on the amount of third party funds ( DPK) in Sharia commercial banks in Indonesia ( period January 2006 – December 2013). In Ekp (Vol. 13, Issue 3). Yogyakarta : Faculty Of Islamic Studies, University Of Muhammadiyah Yogyakarta.
Jatnika, M. D. (2020). The Effect Of Macroeconomic Variables On Third Party Funds Of Islamic Commercial Banks In Indonesia. Estuary Journal Of Economics And Business, 4 (1), 164-173.
Khotiawan, M. (2018). Analysis Of The Effect Of Macroeconomic Variables On Third Party Funds (DPK) With Equivalent Rate As Intervening Variable (Study On Sharia Commercial Banks In Indonesia Period October 2014 – August 2017). Malang : Faculty of Economics and Islamic Business UIN Maulana Malik Ibrahim Malang.
Marpaung, M. (2016). Analysis of the effect of GDP, inflation, interest rate, money supply and exchange rate on Islamic Banking third party funds (DPK) in Indonesia. State Islamic University Of North Sumatra Medan.
Maya Panorama. (2016). Effect Of Economic Growth, Inflation, Money Supply (M2) And Bi Rate On Mudharabah Savings In Islamic Banking In Indonesia Period 2005 - 2014. I-Economic, 2(1), 102–121.
Muhammadinah. (2020). The influence of inflation, BI Rate and revenue sharing ratio on the collection of third party funds in Islamic Banking in Indonesia. Journal of the study of Economic Education and Economic Sciences, IV(2), 105-116
Mumtazah, W., & Septiarini, D. F. (2017). Analysis Of Factors That Affect The Amount Of Third Party Funds In Islamic Commercial Banks In Indonesia (Period I Quarter 2010-I Quarter 2015). Journal Of Theoretical And Applied Islamic Economics, 3(10), 800.
Prasetya, B., Tan, S., & Delis, A. (2015). Factors Affecting The Collection Of Third Party Funds In Islamic Banking In Indonesia. Journal Of Regional Financing And Development Perspectives, 3(2), 91-100.
Rahman, A. F., & Setiawansi, Y. (2021). Determinant Analysis Of Third Party Funds Of Islamic Commercial Banks In Indonesia. Scientific Journal Of Islamic Economics, 7(1), 154.
Rosvitasari, D. W. (2016). Analysis Of The Effect Of Macroeconomic Variables On Deposit Funds In Conventional Commercial Banks In Indonesia. Student scientific journal FEB, 3(2). Saekhu, S. (2017). The Impact Of Macroeconomic Indicators On Islamic Banking Third Party Funds. Economica: Journal Of Islamic Economics, 8(1), 103-130.
Salma Firdayanti, Y. N. A. (2021). Analysis Of The Influence Of Macroeconomics On Third Party Funds (TPF) With Equivalent Rate (ER) As An Intervening Variable. J-EBIS (Journal of Islamic Economics and Business), 6, 100-123.
Shara, Y. (2021). Antecedents Of The Collection Of Third Party Funds Of Islamic Banks In Indonesia. Journal Of Accounting And Business Research, 21(1), 54-62.
Soraya, Intan. (2014). The Effect of Accounting Conservatism on Earnings Management with Managerial Ownership as a Moderating Variable.” Diponegoro Journal of Accounting 3, No. 3, 452–462.
Syamsiyah, Nur, Yudhistira Ardana, and Muhamad Rahman Bayumi. (2022). Analysis of Determination of Economic Growth Case Study in Indonesia. Journal of Sharia Law and Economics 10, No. 2, 128–138
Vera Susanti. (2015). The Effect of Equivalent Rate and Profit Level on Third Party Funds (TPF) of Islamic Banking in Indonesia.” I-Finance: A Research Journal On Islamic Finance 1, No. 1, 113.
Windari, W. (2016). Islamic Accounting Reports Are Not Just Social Accountability.” At-tijaroh: Journal of Islamic Management and Business Sciences 2, No. 1, 71–83.
Zakki, Nurisma Fuadiyatu, and Ditya Permatasari. (2020). The Effect of BI Rate, Equivalent Rate and Number of Offices on Third Party Funds (DPK) Collection at Islamic Commercial Banks (Study on Islamic Commercial Banks in Indonesia for the Period 2014-2018).” Journal of Accounting 5, No. 2, 147.
Zahwa, S. C. (2019). The effect of the Equivalent Rate of profit sharing, profitability and number of offices on third party funds BPR Syariah in Indonesia. Medan : Faculty of Economics and Islamic Business UIN North Sumatra Medan. Adiwarman, K. (2010). Islamic Macroeconomics (Third). Eagle Press.
Bank Indonesia. (2020). BI 7-Day Reverse Repo Rate. https://www.bi.go.id
Brigham, E. F., & Houston, J. F. (2019). Financial management (8th ed.). Erlangga
Cashmere. (2005). Banking Management. Raja Grafindo Persada
Danupranata, G. (2013). The Book Of Sharia Banking Management. Salemba Four.
Ifham, Ahmad. (2015). This is Islamic Bank. Jakarta: PT Gramedia Pustaka.
Muhammad Syafi'i Antonio. (2001). Islamic Banking: From Theory to Practice. 1st edition. Jakarta: Gema Insani & Tazkia Cendekia.
Putong I. Ekonomi Mikro Dan Makro. Jakarta: Ghalia Indonesia, 2003.
Sadono Sukirno. Makroekonomi; Teori Pengantar (Ketiga). Jakarta: Rajawali Pers, 2015.
Sugiy
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Copyright (c) 2024 Dr. Mismiwati SE. MP, RIDUWANSAH, SH. MH, Dr. Rika Lidyah, SE. M.Si, Ak. CA, CRA, CRP, CIT, Dr. Titin Hartini, SE. M.Si, CRA, CRP, Helisia Krisdayanti, SE. ME