Article Per Year (5 Year)
p-Index From 2019 - 2024
0.23
P-Index
This Author published in this journals
All Journal Journal of Islamic Economic Scholar
Dzikra Azzahra
UIN Sunan Kalijaga
Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Journal of Islamic Economic Scholar

 1 
Evaluating Sharia Banking Financial Performance Before and After Initial Public Offering Using Risk Profile, Good Corporate Governance, Earning and Capital Dzikra Azzahra; Izra Berakon
Journal of Islamic Economic Scholar Vol. 2 No. 2 (2021)
Publisher : FEBI UIN Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jies.2021.2.2.107-124

Abstract

Initial Public Offering is one of the steps that companies can take in order to obtain capital through the shares sold. Through the Islamic capital market, Islamic banking can increase its competitiveness and capital through the industry. The purpose of this study was to assess whether there were changes in the financial performance of Islamic banking before and after the IPO with the Risk Profile, Good Corporate Governance, Earning and Capital Methods (RGEC) approach which was further developed into financial ratios of NPF, FDR, ROA, ROE, and CAR. And to find out whether the decision of Islamic banking to conduct an IPO has been effectively carried out. This study uses the Wilcoxon test to see if the performance of Islamic banks that conducted an IPO in 2018 (Bank BTPN Syariah Tbk. and Bank BRI Syariah Tbk.) changed after conducting an initial public offering. The result is that the average FDR, CAR, and ROE ratios have a significant difference in the financial performance of Islamic banking before and after the IPO and there is no significant difference between the ROA and NP ratios.
Co-Authors Izra Berakon