PERBANDINGAN KINERJA KEUANGAN ANTARA BANK SYARIAH DENGAN BANK KONVENSIONAL SETELAH DIKELUARKAN UNDANG-UNDANG NOMOR 21 TAHUN 2008 TENTANG PERBANKAN SYARIAH

Abstract

The purpose of this study is to compare the financial performance of Islamicbanks against conventional banks after enactment of Indonesia’s Islamic Banking Act No21/2008. The data was based on selected financial statements of Islamic banks andconventional banks in Indonesia from year 2009 to 2011. Financial performance measures wereexpressed in term of various financial ratios in which were categorized into profitability,liquidity, risk, solvency and efficiency. To test the hipotheses, Mann-Whitney was employedto compare financial performance. In general, the study found no major difference in financialperformance between Islamic banks and conventional banks except in term of its ROA andEM. This indicated that conventional banks are generally more profitable as compared toconventional banks but failure risk of islamic banks are smaller than conventional banks

DOI: 10.15408/akt.v7i3.2737