Indonesian Economic Review
Vol. 3 No. 2 (2023): September

Third Party Funds as Moderating Variables of Liquidity Level of Sharia Commercial Banks

Wahidatun Nafiah Alfarda (Institut Agama Islam Negeri Tulungagung)
Muhammad Afif An Nawawi (Institut Agama Islam Negeri Tulungagung)
Mohammad As’adur Rofiq (Institut Agama Islam Negeri Tulungagung)
Rizky Intan Syafitri (Institut Agama Islam Negeri Tulungagung)



Article Info

Publish Date
02 Oct 2021

Abstract

This study aims to examine the effect of BI 7-days (reverse) repo rate, sukuk, Bank Indonesia sharia certificates on the level of liquidity with third party funds as a moderating variable. The population in this study is all Islamic Commercial Banks in Indonesia. The sample in this study is the financial statements of Islamic banking statistics registered by OJK with 55 samples from June 2016-December 2020. The analytical technique of this study uses moderated regression analysis (MRA). The results of this study indicate that TPF can moderate the effect of the BI 7-days (reverse) repo rate and sukuk on FDR, but cannot moderate the effect of Bank Indonesia sharia certificates on FDR. Other results show that the BI 7-days (reverse) repo rate has a negative and significant effect on FDR, sukuk has a positive and significant effect on FDR and Bank Indonesia sharia certificates have a positive and significant effect on FDR.

Copyrights © 2023






Journal Info

Abbrev

ier

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Fokus pada karya tulis ilmiah yang berkaitan dengan pembangunan perekonomian Indonesia dan kaitannya dengan perekonomian dunia yang meliputi analisis kritis terhadap isu-isu pembangunan ekonomi, pembangunan ekonomi lokal, pembangunan ekonomi masyarakat, pertumbuhan ekonomi, ekonometrika, kebijakan ...