The Performance of Islamic Microfinance Institutions in the COVID-19 Pandemic: Is Asset Quality Important?

Year 2023, Volume: 31 Issue: 58, 145 - 160, 26.10.2023

Oyong Lisa Lucky Nugroho Ildiko Orban Wiwik Utami Erik Nugraha

https://doi.org/10.17233/sosyoekonomi.2023.04.07

Abstract

This research aimed to analyse the moderating impact of non-performing financing on the effect of the distribution of murabahah financing and ijarah financing on the return on assets of Islamic microfinance institutions. The research method used was quantitative, using regression panel data. As for the research results, it is known that ijarah financing has no significant effect on increasing the return on assets of Islamic microfinance institutions. Meanwhile, murabahah financing positively and significantly affects increasing return on assets. Furthermore, the non-performing financing variable becomes a moderating variable that weakens the relationship between the distribution of ijarah financing and murabahah financing to the return on assets of Islamic microfinance institutions. The novelty of this study is to link the quality of the funding with the financial performance of Islamic microfinance institutions during the COVID-19 pandemic.

Keywords

Islamic Microfinance Institution, Murabahah Financing, Ijarah Financing, Return on Assets, Non-Performing Financing

COVİD-19 Pandemisinde İslâmî Mikro Finans Kurumlarının Performansı: Varlık Kalitesi Önemli mi?

Abstract

Bu araştırmanın amacı, murabaha finansmanı ve icare finansmanının İslâmî mikro finans kurumlarının aktif kârlılığı üzerindeki etkisini analiz etmektir. Panel veriler kullanılarak bir regresyon analizi yapılmıştır. Araştırma sonuçlarına göre, icare finansmanının İslâmî mikro finans kurumlarının varlık getirisini artırmada önemli bir etkisi olmadığı görülmüştür. Öte yandan, murabaha finansmanının aktif kârlılığını artırmada pozitif ve anlamlı bir etkisi vardır. Ayrıca, takipteki finansman değişkeni, icare finansmanı ve murabaha finansmanının dağılımı ile İslâmî mikro finans kurumlarının varlık getirisi arasındaki ilişkiyi zayıflatan ılımlı bir değişken haline gelmektedir. Bu araştırma, COVİD-19 salgını sırasındaki finansman kalitesi ile İslâmî mikro finans kurumlarının finansal performansı arasındaki ilişkiyi açıklayarak literatüre katkı sağlamaya çalışmaktadır.

Keywords

İslâmî Mikro Finans Kurumu, Murabaha Finansmanı, İcara Finansmanı, Aktif Kârlılığı, Takipteki Finansman

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