The Efficiency of Islamic Rural Banks (BPRS) in South Sulawesi
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Abstract
This study aims to determine the efficiency level of Islamic Rural Banks (BPRS) in South Sulawesi and determine what influences it. The study population is the BPRS in South Sulawesi registered with the Financial Services Authority (OJK). The study sample used the purposive sampling method and obtained 7 BPRS in South Sulawesi. The data source comes from the quarterly financial reports of the BPRS. The analysis technique is two stages – data envelopment analysis (DEA). The results of the first stage, using DEA, found that the average efficiency of the BPRS Indo Timur, Dana Moneter, Surya Sejati, Investama Mega Bakti and Harta Insan Karimah Makassar was 1, Niaga Madani was 0.829, while Gowata was 0.993. The second stage, using Tobit regression, found that fixed assets, operating costs, and operating income showed significant results in the alpha value. Meanwhile, total savings, profit-sharing financing, and productive assets showed no significant results on the alpha value. The first stage concludes that the BPRS in South Sulawesi is not included in the efficient level. In the second stage, the variables of fixed assets, operating costs, and operating income partially affect the efficiency value of the BPRS.
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The Efficiency of Islamic Rural Banks (BPRS) in South Sulawesi. (2022). I-Finance: A Research Journal on Islamic Finance, 8(1), 1-18. https://doi.org/10.19109/ifinance.v8i1.12387
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I-Finance by http://jurnal.radenfatah.ac.id/index.php/I-Finance is lincensed under a Creative Commons Attribution-ShareAlike 4.0 International Lisence.
How to Cite
The Efficiency of Islamic Rural Banks (BPRS) in South Sulawesi. (2022). I-Finance: A Research Journal on Islamic Finance, 8(1), 1-18. https://doi.org/10.19109/ifinance.v8i1.12387
References
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Aulia, N. A. (2021). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) di Jawa Timur Menggunakan Metode Two Stage-Data Envelopment Analysis. (Dissertation). Indonesia: UIN Maulana Malik Ibrahim Malang.
Binuko, A., Siregar, H., & Hartoyo, S. (2015). Aplikasi Data Envelopment Analysis Untuk Menelaah Efisiensi Biaya Dan Pendapatan Perusahaan (Studi Kasus Pt.Dian Swara). Journal of Business and Management Applications, 3(1), 71–79. https://doi.org/10.17358/jabm.3.1.71
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Diskominfo. (2021). Sekprov Sulsel: Melalui Digitalisasi Ekonomi, akan Mampu Meningkatkan Taraf Hidup Para Pelaku UMKM. Makassar: Sulselprof. https://sulselprov.go.id (Accessed 10 December 2021)
Fadilah, F., & Yuliafitri, I. (2018). Analisis Efisiensi Bank Umum Syariah Hasil Pemisahan dan Non-Pemisahan Serta Faktor-Faktor yang Mempengaruhinya (Studi Pada Bank Umum Syariah yang Terdaftar di Otoritas jasa Keuangan Pada Periode 2011-2016). Islamiconomic: Journal of Islamic Economics, 9(1), 69–98.
Faisal. (2021). Analisis Pengaruh Efisiensi Belanja Modal, Efisiensi Biaya Operasional dan Selisih Nilai Kurs Terhadap Kinerja Keuangan di PT. Telkomsel. (Dissertation). Indonesia: Universitas Sumatera Utara.
Fauzi, R., & Daud, R. M. (2020). Pengaruh Beban Operasional Pendapatan Operasional (BOPO), Non Performing Financing, Dan Ukuran Perusahaan Terhadap Tingkat Efisiensi Perbankan Syariah Di Indonesia. Journal of Accounting Economics Student Scientific, 5(3), 460–468. https://doi.org/10.24815/jimeka.v5i3.16084
Fiafifah, A. L., & Darwanto. (2019). Technical Efficiency Level of Islamic Bank in Indonesia. Al-Uqud- Jurnal of Islamic Economics, 3(2), 114–132. https://doi.org/10.26740/al-uqud.v3n2.p114-132
Fitri, M. (2016). Peran Dana Pihak Ketiga Dalam Kinerja Lembaga Pembiayaan Syariah Dan Faktor-Faktor Yang Memengaruhinya. Economica: Journal of Islamic Economics, 7(1), 73–95. https://doi.org/10.21580/economica.2016.7.1.1033
Gunawan, C. I., Mukoffi, A., & Handayanto, A. J. (2017). Buku Strategi Perbankan Syariah. Malang: CV.IRDH (Research & Publishing). ISBN: 978-602-6672-32-2
Haris, H., & Hastuti, N. S. (2013). Analisis Efisiensi Bank Umum Syariah Devisa di Indonesia Dengan Menggunakan Metode Data Envelopment Analysis Studi Pada Bank Muamalat Indonesia dan Bank Syariah Mandiri. Muqtasid, 4(1), 1–25.
Hidayah, U., Alfie, A. A., & Ayuningtyas, R. D. (2020). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) Wilayah Jawa Tengah & DIY Dengan Metode Data Envelopment Analysis (DEA) Periode 2016 – 2018. Ihtiyath : Journal of Sharia Financial Management, 4(2), 1–13. https://doi.org/10.32505/ihtiyath.v4i2.2041
Ilham, & Yanti. (2015). Peranan Bank Perkreditan Rakyat Syariah (BPRS) dalamPemberdayaan Usaha Mikro Kecil Menengah (UMKM) di Kota Palopo. Journal of Muamalah, V(2), 129–137.
Ilyas, R. (2015). Konsep Pembiayaan Dalam Perbankan Syariah. Journal of Research, 9(1), 183–204. https://doi.org/10.21043/jupe.v9i1.859
Jin, F., Cai, Y., Pedrycz, W., & Liu, J. (2022). Computers & Industrial Engineering Efficiency evaluation with regret-rejoice cross-efficiency DEA models under the distributed linguistic environment. Computers & Industrial Engineering, 169(May), 108–281. https://doi.org/10.1016/j.cie.2022.108281
Khairunnisa, S., & Khasanah, M. (2018). Tingkat Efisiensi Perbankan Syariah Pasca Spin Off Dengan Metode Two-Stage Data Envelopment Analysis. Al-Tijary, 4(1), 11–24. https://doi.org/10.21093/at.v4i1.1236
Khusnah, N., Zaki, I., & Rani, L. N. (2020). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) di Jawa Timur Menggunakan Data Envelopment Analysis (DEA) Periode 2012-2018. Journal of Theoretical and Applied Islamic Economics, 7(2), 294–304. https://doi.org/10.20473/vol7iss20202pp294-30
Kusnandar, V. B. (2021). Ekonomi Sulawesi Selatan Tumbuh 3,24% pada Kuartal III 2021. Jakarta: Databoks. www.databoks.katadata.Co.Id. (Accessed 11 December 2021)
Lan, X., Li, Z., & Wang, Z. (2022). ScienceDirect An investigation of the innovation efficacy of Chinese photovoltaic enterprises employing three-stage data envelopment analysis ( DEA ). Energy Reports, 8, 456–465. https://doi.org/10.1016/j.egyr.2022.05.093
Liang, X., Li, J., Guo, G., Li, S., & Gong, Q. (2021). Evaluation for water resource system efficiency and influencing factors in western China: A two-stage network DEA-Tobit model. Journal of Cleaner Production, 328(October), 129674. https://doi.org/10.1016/j.jclepro.2021.129674
Lutfiana, R. H. and A. Y. (2015). Determinan Tingkat Efisiensi Bank Umum Syaria Di Indonesia (Pendekatan Two Stage Dea). Accounting Analysis Journal, 4(3), 1–10.
Miranti, T., Aulia, N. A., & Pimada, L. M. (2022). How the Covid-19 Outbreak Affect the Efficiency of Islamic Rural Banks? El Dinar, 10(1), 56–68. https://doi.org/10.18860/ed.v10i1.15577
Mudzakir, A. (2019). Pengaruh Permodalan, Aktiva Produktif, dan Likuiditas Terhadap Profitabilitas Bank Rakyat Indonesia Syariah Periode 2010-2018. Journal of Islamic Accounting and Business, 1(1), 49–64.
Naufal, F. M., & Firdaus, A. (2018). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) Wilayah JABODETABEK Dengan Pendekatan Two Stage Data Envelopment Analysis (DEA). Equilibrium: Journal of Islamic Economics, 5(2), 196. https://doi.org/10.21043/equilibrium.v5i2.2612
Nugroho, L., Kuncoro, F. W., & Mastur, A. A. (2019). Analis Perbandingan Bank Umum Syariah Dengan Unit Usaha Syariah Dari Aspek Efisiensi ; Kualitas Asset Dan Stabilitas Keuangan (Periode Tahun 2014-2017). Iqtishadia, 6(2), 100–118. https://doi.org/10.19105/iqtishadia.v6i2.
Pantas, P. E., Susetyohadi, A., & Azwita, L. (2021). Islamic Banking Efficiency in Indonesia and Malaysia : Two Stages Data Envelopment Window Analysis. Al-Uqud-Journal of Islamic Economics, 5(28), 234–249. https://doi.org/10.26740/al-uqud.v5n2.p234-249
Prima Sakti, M. R., & Mohamad, A. (2018). Efficiency, stability, and asset quality of Islamic vis-à-vis conventional banks. Journal of Islamic Accounting and Business Research, 9(3), 378–400. https://doi.org/10.1108/JIABR-07-2015-0031
Ramadhan, A., Purnomo, D., Muhtarom, M., & Chuzaimah, C. (2017). Mengukur Tingkat Efisiensi Bank Pembiayaan Rakyat Syari’ah dengan Menggunakan Data Envelopment Analysis (DEA). Cakrawala: Journal of Islamic Studies, 12(2), 113–120. https://doi.org/10.31603/cakrawala.v12i2.1704
Rodrigues, L. S., dos Santos, M., & de Souza Rocha Junior, C. (2021). Application of DEA and Group Analysis using K-means; compliance in the context of the performance evaluation of school networks. Procedia Computer Science, 199, 687–696. https://doi.org/10.1016/j.procs.2022.01.085
Sari, L. P., & Tanjung, H. (2020). Efisiensi di Bank Syariah: Studi Empiris pada Unit Usaha Syariah Bank Pembangunan Daerah di Indonesia. Journal of Islamic Accounting and Finance, 8(1), 5–20. https://doi.org/10.35836/jakis.v8i1.105
Sari, P. Z., Harianto, R., & Andini, B. N. (2018). Determinan Efisiensi Perbankan (Bank Umum Konvensional dan Bank Syariah) Tahun 2015-2017. Media Mahardhika, 17(1), 110–131.
Setyono, F., Istiqomah, Y. N. A., Ilmundhita, S., & Mujib, A. (2021). Analisis Efisiensi Perbankan Syariah Pada Masa Pandemi Covid-19 Menggunakan Data Envelopment Analysis (DEA). I-Finance: A Research Journal on Islamic Finance, 7(1), 11–30. https://doi.org/10.19109/ifinance.v7i1.8434
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: CV.Alfabeta. ISBN: 979-8433-64-0
Taslim, S. A. (2021). Pengaruh Pembiayaan Bagi Hasil terhadap Tingkat Profitabilitas Bank Umum Syariah di Indonesia. Journal of Indonesian Accounting, 10(1), 97. https://doi.org/10.30659/jai.10.1.97-109
Z, M. S. (2018). Efisiensi Biaya Operasional Terhadap Peningkatan Laba Pada Bank Rakyat Indonesia (Persero) Tbk di Kabupaten Enrekang. (Dissertation). Indonesia: Universitas Muhammadiyah Makassar.
Almas, B. (2018). Analisis Perbandingan Efisiensi BPR Konvensional Dan BPR Syariah Di Provinsi Jawa Timur. Al-Amwal : Journal of Islamic Banking and Economics, 10(2), 169. https://doi.org/10.24235/amwal.v10i2.3264
Aulia, N. A. (2021). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) di Jawa Timur Menggunakan Metode Two Stage-Data Envelopment Analysis. (Dissertation). Indonesia: UIN Maulana Malik Ibrahim Malang.
Binuko, A., Siregar, H., & Hartoyo, S. (2015). Aplikasi Data Envelopment Analysis Untuk Menelaah Efisiensi Biaya Dan Pendapatan Perusahaan (Studi Kasus Pt.Dian Swara). Journal of Business and Management Applications, 3(1), 71–79. https://doi.org/10.17358/jabm.3.1.71
BKPM. (2021). Upaya Pemerintah Untuk Memajukan UMKM Indonesia. Jakarta: Kementerian Investasi/BKPM. www.bpkm.go.id (Accessed 10 December 2021)
BPS. (2021). Katalog BPS: 9199007 Indonesia 2021 Laporan Perekonomian Dampak Adanya Program Pemulihan Ekonomi Nasional (PEN) Terhadap Perekonomian Indonesia di Masa Pandemi. Jakarta: Badan Pusat Statistik. Www.Bps.Go.Id (Accessed 11 December 2021)
Chatarine, A., & Lestari, V. P. (2014). Pengaruh Kualitas Aktiva Produktif, BOPO terhadap ROA dan CAR pada BPR Kabupaten Badung. E-Jurnal Manajement, 3(3), 561–577.
Diskominfo. (2021). Sekprov Sulsel: Melalui Digitalisasi Ekonomi, akan Mampu Meningkatkan Taraf Hidup Para Pelaku UMKM. Makassar: Sulselprof. https://sulselprov.go.id (Accessed 10 December 2021)
Fadilah, F., & Yuliafitri, I. (2018). Analisis Efisiensi Bank Umum Syariah Hasil Pemisahan dan Non-Pemisahan Serta Faktor-Faktor yang Mempengaruhinya (Studi Pada Bank Umum Syariah yang Terdaftar di Otoritas jasa Keuangan Pada Periode 2011-2016). Islamiconomic: Journal of Islamic Economics, 9(1), 69–98.
Faisal. (2021). Analisis Pengaruh Efisiensi Belanja Modal, Efisiensi Biaya Operasional dan Selisih Nilai Kurs Terhadap Kinerja Keuangan di PT. Telkomsel. (Dissertation). Indonesia: Universitas Sumatera Utara.
Fauzi, R., & Daud, R. M. (2020). Pengaruh Beban Operasional Pendapatan Operasional (BOPO), Non Performing Financing, Dan Ukuran Perusahaan Terhadap Tingkat Efisiensi Perbankan Syariah Di Indonesia. Journal of Accounting Economics Student Scientific, 5(3), 460–468. https://doi.org/10.24815/jimeka.v5i3.16084
Fiafifah, A. L., & Darwanto. (2019). Technical Efficiency Level of Islamic Bank in Indonesia. Al-Uqud- Jurnal of Islamic Economics, 3(2), 114–132. https://doi.org/10.26740/al-uqud.v3n2.p114-132
Fitri, M. (2016). Peran Dana Pihak Ketiga Dalam Kinerja Lembaga Pembiayaan Syariah Dan Faktor-Faktor Yang Memengaruhinya. Economica: Journal of Islamic Economics, 7(1), 73–95. https://doi.org/10.21580/economica.2016.7.1.1033
Gunawan, C. I., Mukoffi, A., & Handayanto, A. J. (2017). Buku Strategi Perbankan Syariah. Malang: CV.IRDH (Research & Publishing). ISBN: 978-602-6672-32-2
Haris, H., & Hastuti, N. S. (2013). Analisis Efisiensi Bank Umum Syariah Devisa di Indonesia Dengan Menggunakan Metode Data Envelopment Analysis Studi Pada Bank Muamalat Indonesia dan Bank Syariah Mandiri. Muqtasid, 4(1), 1–25.
Hidayah, U., Alfie, A. A., & Ayuningtyas, R. D. (2020). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) Wilayah Jawa Tengah & DIY Dengan Metode Data Envelopment Analysis (DEA) Periode 2016 – 2018. Ihtiyath : Journal of Sharia Financial Management, 4(2), 1–13. https://doi.org/10.32505/ihtiyath.v4i2.2041
Ilham, & Yanti. (2015). Peranan Bank Perkreditan Rakyat Syariah (BPRS) dalamPemberdayaan Usaha Mikro Kecil Menengah (UMKM) di Kota Palopo. Journal of Muamalah, V(2), 129–137.
Ilyas, R. (2015). Konsep Pembiayaan Dalam Perbankan Syariah. Journal of Research, 9(1), 183–204. https://doi.org/10.21043/jupe.v9i1.859
Jin, F., Cai, Y., Pedrycz, W., & Liu, J. (2022). Computers & Industrial Engineering Efficiency evaluation with regret-rejoice cross-efficiency DEA models under the distributed linguistic environment. Computers & Industrial Engineering, 169(May), 108–281. https://doi.org/10.1016/j.cie.2022.108281
Khairunnisa, S., & Khasanah, M. (2018). Tingkat Efisiensi Perbankan Syariah Pasca Spin Off Dengan Metode Two-Stage Data Envelopment Analysis. Al-Tijary, 4(1), 11–24. https://doi.org/10.21093/at.v4i1.1236
Khusnah, N., Zaki, I., & Rani, L. N. (2020). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) di Jawa Timur Menggunakan Data Envelopment Analysis (DEA) Periode 2012-2018. Journal of Theoretical and Applied Islamic Economics, 7(2), 294–304. https://doi.org/10.20473/vol7iss20202pp294-30
Kusnandar, V. B. (2021). Ekonomi Sulawesi Selatan Tumbuh 3,24% pada Kuartal III 2021. Jakarta: Databoks. www.databoks.katadata.Co.Id. (Accessed 11 December 2021)
Lan, X., Li, Z., & Wang, Z. (2022). ScienceDirect An investigation of the innovation efficacy of Chinese photovoltaic enterprises employing three-stage data envelopment analysis ( DEA ). Energy Reports, 8, 456–465. https://doi.org/10.1016/j.egyr.2022.05.093
Liang, X., Li, J., Guo, G., Li, S., & Gong, Q. (2021). Evaluation for water resource system efficiency and influencing factors in western China: A two-stage network DEA-Tobit model. Journal of Cleaner Production, 328(October), 129674. https://doi.org/10.1016/j.jclepro.2021.129674
Lutfiana, R. H. and A. Y. (2015). Determinan Tingkat Efisiensi Bank Umum Syaria Di Indonesia (Pendekatan Two Stage Dea). Accounting Analysis Journal, 4(3), 1–10.
Miranti, T., Aulia, N. A., & Pimada, L. M. (2022). How the Covid-19 Outbreak Affect the Efficiency of Islamic Rural Banks? El Dinar, 10(1), 56–68. https://doi.org/10.18860/ed.v10i1.15577
Mudzakir, A. (2019). Pengaruh Permodalan, Aktiva Produktif, dan Likuiditas Terhadap Profitabilitas Bank Rakyat Indonesia Syariah Periode 2010-2018. Journal of Islamic Accounting and Business, 1(1), 49–64.
Naufal, F. M., & Firdaus, A. (2018). Analisis Efisiensi Bank Pembiayaan Rakyat Syariah (BPRS) Wilayah JABODETABEK Dengan Pendekatan Two Stage Data Envelopment Analysis (DEA). Equilibrium: Journal of Islamic Economics, 5(2), 196. https://doi.org/10.21043/equilibrium.v5i2.2612
Nugroho, L., Kuncoro, F. W., & Mastur, A. A. (2019). Analis Perbandingan Bank Umum Syariah Dengan Unit Usaha Syariah Dari Aspek Efisiensi ; Kualitas Asset Dan Stabilitas Keuangan (Periode Tahun 2014-2017). Iqtishadia, 6(2), 100–118. https://doi.org/10.19105/iqtishadia.v6i2.
Pantas, P. E., Susetyohadi, A., & Azwita, L. (2021). Islamic Banking Efficiency in Indonesia and Malaysia : Two Stages Data Envelopment Window Analysis. Al-Uqud-Journal of Islamic Economics, 5(28), 234–249. https://doi.org/10.26740/al-uqud.v5n2.p234-249
Prima Sakti, M. R., & Mohamad, A. (2018). Efficiency, stability, and asset quality of Islamic vis-à-vis conventional banks. Journal of Islamic Accounting and Business Research, 9(3), 378–400. https://doi.org/10.1108/JIABR-07-2015-0031
Ramadhan, A., Purnomo, D., Muhtarom, M., & Chuzaimah, C. (2017). Mengukur Tingkat Efisiensi Bank Pembiayaan Rakyat Syari’ah dengan Menggunakan Data Envelopment Analysis (DEA). Cakrawala: Journal of Islamic Studies, 12(2), 113–120. https://doi.org/10.31603/cakrawala.v12i2.1704
Rodrigues, L. S., dos Santos, M., & de Souza Rocha Junior, C. (2021). Application of DEA and Group Analysis using K-means; compliance in the context of the performance evaluation of school networks. Procedia Computer Science, 199, 687–696. https://doi.org/10.1016/j.procs.2022.01.085
Sari, L. P., & Tanjung, H. (2020). Efisiensi di Bank Syariah: Studi Empiris pada Unit Usaha Syariah Bank Pembangunan Daerah di Indonesia. Journal of Islamic Accounting and Finance, 8(1), 5–20. https://doi.org/10.35836/jakis.v8i1.105
Sari, P. Z., Harianto, R., & Andini, B. N. (2018). Determinan Efisiensi Perbankan (Bank Umum Konvensional dan Bank Syariah) Tahun 2015-2017. Media Mahardhika, 17(1), 110–131.
Setyono, F., Istiqomah, Y. N. A., Ilmundhita, S., & Mujib, A. (2021). Analisis Efisiensi Perbankan Syariah Pada Masa Pandemi Covid-19 Menggunakan Data Envelopment Analysis (DEA). I-Finance: A Research Journal on Islamic Finance, 7(1), 11–30. https://doi.org/10.19109/ifinance.v7i1.8434
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: CV.Alfabeta. ISBN: 979-8433-64-0
Taslim, S. A. (2021). Pengaruh Pembiayaan Bagi Hasil terhadap Tingkat Profitabilitas Bank Umum Syariah di Indonesia. Journal of Indonesian Accounting, 10(1), 97. https://doi.org/10.30659/jai.10.1.97-109
Z, M. S. (2018). Efisiensi Biaya Operasional Terhadap Peningkatan Laba Pada Bank Rakyat Indonesia (Persero) Tbk di Kabupaten Enrekang. (Dissertation). Indonesia: Universitas Muhammadiyah Makassar.