THE INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON FINANCIAL SYSTEM STABILITY IN ISLAMIC BANKING IN INDONESIA

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Published: Apr 23, 2025
DOI: https://doi.org/10.19109/ifinance.v11i1.27398
Keywords:
Capital Buffer, BOPO, Inflation, Gross Domestic Product, Financial System Stability

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Agrayi Afifa Putri
UIN Raden Intan Lampung
Muhammad Iqbal
UIN Raden Intan Lampung
Liya Ermawati
UIN Raden Intan Lampung

Abstract

This research aims to analyze the influence of internal and external factors on the stability of the financial system in Islamic banking in Indonesia from 2018 to 2023. Quantitative research methodology is employed.The population in this study consists of 13 Islamic commercial banks registered with the OJK from 2018 to 2023.The sample used in this study employed purposive sampling technique, resulting in a total sample of 8 companies with a total of 48 observation data.The data analysis technique in this study uses panel data regression with the stages of Chow test, Hausman test, LM test, and multicollinearity test. as well as hypothesis testing using the stages of the F-test, t-test, and coefficient of determination (R2).The results of this study prove that the capital buffer has a significant positive effect on the stability of the financial system. Additionally, it was discovered that while inflation had a significant detrimental effect on the stability of the financial system, BOPO and GDP had a significant positive impact. The fixed effects model was determined to be the most suitable model for this study based on the findings of the Chow, Hausman, and LM tests.The stability of the Islamic banking financial system from 2018 to 2023 is impacted concurrently by the capital buffer, BOPO, GDP, and inflation

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THE INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON FINANCIAL SYSTEM STABILITY IN ISLAMIC BANKING IN INDONESIA. (2025). I-Finance: A Research Journal on Islamic Finance, 11(1), 1-18. https://doi.org/10.19109/ifinance.v11i1.27398
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Vol. 11 No. 1 (2025): I-FINANCE: a Research Journal on Islamic Finance
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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 INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON FINANCIAL SYSTEM STABILITY IN ISLAMIC BANKING IN INDONESIA. (2025). I-Finance: A Research Journal on Islamic Finance, 11(1), 1-18. https://doi.org/10.19109/ifinance.v11i1.27398

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