Positive Effect of Zakat and Negative Effects of Firm Size and Leverage on Islamic Commercial Bank Performance in Indonesia
DOI:
https://doi.org/10.24905/icobis.v2i1.62Keywords:
Zakat, Islamic Corporate Social Responsibility (ICSR), Firm Size, Leverage, Islamic Commercial Bank PerformanceAbstract
The performance of Islamic Commercial Banks (BUS) in Indonesia, measured by return on assets (ROA), fluctuated between 2019 and 2024, reflecting efforts to improve efficiency in asset management. In line with OJK Regulation (POJK) No. 11 of 2023, Islamic Business Units (UUS) are being converted into BUS to strengthen the growth of Islamic banking. This study aims to analyze the effect of corporate zakat, Islamic Corporate Social Responsibility (ICSR), Sharia Supervisory Board meetings (RDPS), firm size, and leverage on BUS performance. Using a quantitative approach on 10 BUS over 2019–2024 and SPSS 25 as the analysis tool, the results reveal that corporate zakat has a significant positive effect, while firm size and leverage have significant negative effects on BUS performance. ICSR and RDPS have no significant effect. The regression model explains 90.1% of the variation in BUS performance.
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