Murabaha Financing: Empirical Evidence in Indonesian Islamic Banking

Komaludin, Ade Murabaha Financing: Empirical Evidence in Indonesian Islamic Banking. www.ijicc.net.

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Abstract

The purpose of this study was to determine and to analyze: (a) Is murabaha financing still influenced by conventional macroeconomic variables, especially the interest rate? (b) Which factors determine the most dominant of murabaha financing? and (c) How stable was murabaha financing in Indonesia between 2011-2018? Using the time series data test, the study concluded that in the long run that: (a) Murabaha financing is still significantly affected by the interest rate, economic growth and inflation rate, (b) The most dominant factor determining (influencing) murabaha financing is the rate of economic growth, followed by the interest rate, and (c) During the study period murabaha financing in the long run was stable. It means that the murabaha equation model did not experience structural changes. Key words: Murabaha financing, conventional macroeconomic variables, time series test, and stability test.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Fakultas Ekonomi dan Bisnis > Ekonomi Pembangunan > Artikel Dosen Ekonomi Pembangunan
Depositing User: Lelis Masridah
Date Deposited: 03 Mar 2025 02:27
Last Modified: 03 Mar 2025 02:27
URI: http://repositori.unsil.ac.id/id/eprint/15285

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