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South Asian Research Journal of Business and Management (SARJBM)
Volume-6 | Issue-03
Original Research Article
Comparative Analysis of the Islamic Banking Financial Performance before and after Collaboration in Financing Distribution with Islamic Fintech: A Study of Mega Islamic Bank
Lesmi Mulyati, Supriaman
Published : June 20, 2024
DOI : 10.36346/sarjbm.2024.v06i03.003
Abstract
This study examines the comparative the financial performance of Bank Mega Syariah prior to and following partnering with Sharia Fintech in financing distribution. Utilizing a quantitative and descriptive approach, it analyzes key financial ratios including NPF, ROA, ROE, NOM, and BOPO. Data from Bank Mega Syariah's financial reports over a 10-year period (2014-2023) are analyzed. Statistical analysis is performed using SPSS, applying the Paired Sample T-Test is utilized for normally distributed data, while the Wilcoxon Signed Ranks Test is used for non-normally distributed data. The outcomes indicate noteworthy distinctions in NPF, ROA, ROE, and BOPO after the collaboration, while NOM shows no significant variance. The findings suggest a positive impact of collaboration with Sharia Fintech on Bank Mega Syariah's financial performance, particularly in reducing NPF and enhancing ROA, ROE, and BOPO. However, it is noted that regulatory concerns highlighted in the AMS 2022/2023 survey remain a barrier to financial literacy and inclusion via Fintech. This study adds to the comprehension of the dynamic environment of Islamic banking within the framework of Fintech integration, offering insights for policymakers and industry practitioners.

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