Pengaruh Tingkat Return Sertifikat Bank Indonesia Syariah (SBIS) Terhadap Penempatan Pada SBIS dan ROA Bank Umum Syariah di Indonesia
Abstract: In order to fulfill
the need of banking industry that grew rapidly, Bank Indonesia create several
monetary instrument. One of them is Islamic Certificate of Bank Indonesia (SBIS).
This research aims to investigate the effect of return rate of SBIS to
investment in SBIS and also the profitability of sharia commercial banks in
Indonesia. The research method used is path analysis with three kind of
variables, which is SBIS’s return rate as exogenous variable, investment in
SBIS as intervening endogenous variable, and the profitability as endogenous variable.
The result of this research shows that SBIS’s return rate effects
significantly positive to the investment in SBIS, but effects unsignificantly
negative to the probability of sharia commercial banks. Meanwhile investment in
SBIS has non-significantly positive effect to the profitability of sharia
commercial banks.
Keywords: Islamic Banking,
Sharia Monetary Instrument, SBIS, ROA
Penulis: Naroh Kawiryawan,
Meri Indri Hapsari
Kode Jurnal: jpmanajemendd151486
