Özet:

Abstract The Pandemic conditions can lead to various problems that can trigger financial distress and inefficiency, especially in the banking sector. In recent decades, there has been a rapid increase in sharia banking, and the importance of this sector to the economies of several countries. The assessment of sharia bank's efficiency will become important as efficiency reflects the banks' performance. This study aims to analyze the stability of sharia bank efficiency in Indonesia and Malaysia using the Data Envelopment Analysis (DEA) dan DEA Window method. This study uses 2015 to 2020 as a research period, especially to look at the stability efficiency of Indonesia and Malaysian Sharia Bank in the Covid-19 pandemic era. The result showed that Indonesia is better than Malaysia in terms of efficiency stability. However, both show a similar pattern, where there is a decrease in the average level of efficiency during the Covid-19 pandemic. From the perspective of efficiency stability analysis through several summary statistics such as its Standard Deviation (SD), Long Distance per Period (LDP), and Long Distance per Year (LDY), the sharia bank with the most relatively stable value of efficiency scores is Maybank Islamic Berhad, then followed by BRI Syariah and BSM. References Alayya, U. and Nugraha Rani, L. (2019) ‘Intertemporal Efficiency Analysis of Indonesian Sharia Commercial Bank after Spin off Period 2013-2017: Data Envelopment Analysis (Window Analysis)’, KnE Social Sciences, 3(13), p. 330. doi: 10.18502/kss.v3i13.4214.Ascarya, A. and Yumanita, D. (2009) ‘Comparing the Efficiency of Islamic Banks in Malaysia and Indonesia’, Buletin Ekonomi Moneter dan Perbankan, 11(2). doi: 10.21098/bemp.v11i2.237.Baldwin, R. and Mauro, B. W. di (2020) ‘Economics in the Time of COVID-19: A New eBook’, Human Vaccines and Immunotherapeutics, (March), p. 123.Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis. Source: Management Science, 30(9), 1078–1092. http://www.jstor.orgURL:http://www.jstor.org/stable/2631725Accessed:22/08/200813:55Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the efficiency of decision-making units. European Journal of Operational Research, 2(6), 429–444. https://doi.org/10.1016/0377-2217(78)90138-8Cooper, W. W., Seiford, L. M., & Zhu, J. (2011). Data envelopment analysis: History, models, and interpretations. International Series in Operations Research and Management Science, 164, 1–39. https://doi.org/10.1007/978-1-4419-6151-8_1Devi, A. and Firmansyah, I. (2020) ‘Efficiency Determinant Analysis in Islamic Bank in Indonesia’, 11, pp. 104–116.Elnahass, M., Trinh, V. Q. and Li, T. (2021) ‘Global banking stability in the shadow of Covid-19 outbreak’, Journal of International Financial Markets, Institutions and Money, 72, p. 101322. doi: 10.1016/j.intfin.2021.101322.Ghozali, M., Azmi, M. U. and Nugroho, W. (2019) ‘Perkembangan Bank Syariah Di Asia Tenggara: Sebuah Kajian Historis’, Falah: Jurnal Ekonomi Syariah, 4(1), p. 44. doi: 10.22219/jes.v4i1.8700.Hisham Yahya, M., Muhammad, J. and Razak Abdul Hadi, A. (2012) ‘A comparative study on the level of efficiency between Islamic and conventional banking systems in Malaysia’, International Journal of Islamic and Middle Eastern Finance and Management, 5(1), pp. 48–62. doi: 10.1108/17538391211216820.Hosen, M. N. and Muhari, S. (2018) ‘The Comparison of Sound Level of Islamic Banks in Indonesia and Malaysia’, KnE Social Sciences, 3(8), p. 137. doi: 10.18502/kss.v3i8.2505.Jamaruddin, W. N. and Markom, R. (2020) ‘the Application of Fintech in the Operation of Islamic Banking’, Syariah and Law in Facing COVID-19: The Way Forward, 3(1), pp. 31–43. Available at: https://insla.usim.edu.my/index.php/eproceeding/article/view/16.Johnes, J., Izzeldin, M. and Pappas, V. (2014) ‘A comparison of performance of Islamic and conventional banks 2004-2009’, Journal of Economic Behavior and Organization, 103, pp. 1–15. doi: 10.1016/j.jebo.2013.07.016.Kamarudin, F., Sufian, F., & Nassir, A. M. (2016). Crisis financiera global, propiedad y eficiencia de las ganancias en los bancos comerciales estatales y privados en Bangladesh. Contaduria y Administracion, 61(4), 705–745. https://doi.org/10.1016/j.cya.2016.07.006Li, X., Xie, Y. and Lin, J. H. (2021) ‘COVID-19 outbreak, government capital injections, and shadow banking efficiency’, Applied Economics, 53(4), pp. 495–505. doi: 10.1080/00036846.2020.1808183.Marlina, L. (2021) ‘TWENTY YEARS OF ISLAMIC BANKING IN INDONESIA: A BIBLIOSHINY APPLICATION’, Library Philosophy and Practice, 2021, pp. 1–22. Available at: https://api.elsevier.com/content/abstract/scopus_id/85103079965.Nailah, N. and Rusydiana, A. S. (2020) ‘Efficiency and Stability of Islamic Banking in Asean: Dea Window Analysis’, Tazkia Islamic Finance and Business Review, 14(1), pp. 1–19. doi: 10.30993/tifbr.v14i1.211.Nurul Fitri Habibah (2020) ‘Tantangan dan Strategi Perbankan Syariah dalam Menghadapi Covid-19’, Jurnal Ekonomi dan Perbankan Syariah (IQTISHODIAH), 2(1), pp. 1–9. Available at: https://ejournal.ibntegal.ac.id/index.php/iqtishodiah ISSN 2714-8572.Octrina, F. and Mariam, A. G. S. (2021) ‘Islamic Bank Efficiency in Indonesia: Stochastic Frontier Analysis’, Journal of Asian Finance, Economics and Business, 8(1), pp. 751–758. doi: 10.13106/jafeb.2021.vol8.no1.751.Pantas, P. (2021) ‘Islamic Banking Efficiency in Indonesia and Malaysia: Two Stages Data Envelopment Window Analysis Cointegration of Stock Market and Exchange Rate in Indonesia View project’, Al-Uqud: Journal of Islamic Economics, 5(2), pp. 234–249. doi: 10.26740/al-uqud.v5n2.p234-249.Park, C. Y. and Shin, K. (2021) ‘COVID-19, nonperforming loans, and cross-border bank lending’, Journal of Banking and Finance, (xxxx), p. 106233. doi: 10.1016/j.jbankfin.2021.106233.Puji Prasetyo, P. et al. (2020) ‘Performance Comparison of Islamic Banking in Indonesia and Malaysia: Islamicity Performance Index Approach’, Journal of Islamic Economics Perspectives, 2(1), pp. 92–103.Puspitasari, N., Rukmana, D. H. and Sukarno, H. (2017) ‘Analysis of Islamic Banking Efficiency Using Maqashid Shariah Approach (Study on Islamic Banks in Indonesia and Malaysia)’, GATR Journal of Finance and Banking Review, 2(4), pp. 01–07. doi: 10.35609/jfbr.2017.2.4(1).Rani, L. N., Sukmaningrum, P. S., & Che Mohd Salleh, M. (2020). A comparative analysis of the productivity of Islamic banking in Indonesia, Malaysia and Brunei Darussalam during the period 2012-2017. https://www.ijicc.net/images/Vol11Iss11/111142_Rani_2020_E_R.pdfSariffudin. et al. (2015) ‘Comparison of Banking Efficiency in the selected ASEAN Countries during the Global Financial Crisis’, Prosiding Perkem, 10(April 2020), pp. 286–293.Shawtari, F. A., Abdelnabi Salem, M., & Bakhit, I. (2018). Decomposition of efficiency using DEA window analysis: A comparative evidence from Islamic and conventional banks. Benchmarking, 25(6), 1681–1705. https://doi.org/10.1108/BIJ-12-2016-0183/FULL/PDFShawtari, F. A., Ariff, M. and Abdul Razak, S. H. (2019) ‘Efficiency and bank margins: a comparative analysis of Islamic and conventional banks in Yemen’, Journal of Islamic Accounting and Business Research, 10(1), pp. 50–72. doi: 10.1108/JIABR-07-2015-0033.Sufian, F. (2009). Determinants of bank efficiency during unstable macroeconomic environment: Empirical evidence from Malaysia. Research in International Business and Finance, 23(1), 54–77. https://doi.org/10.1016/j.ribaf.2008.07.002Tulkens, H., & vanden Eeckaut, P. (1995). Non-parametric efficiency, progress and regress measures for panel data: Methodological aspects. European Journal of Operational Research, 80(3), 474–499. https://doi.org/10.1016/0377-2217(94)00132-VYildirim, I. (2015). Financial efficiency analysis in Islamic banks: Pressacademia, 2(3), 289–289. https://doi.org/10.17261/PRESSACADEMIA.2015312956Yunita, P. (2020) ‘The Future of Indonesia Islamic Banking Industry: Bankruptcy Analyzing the Second Wave of Global Financial Crisis’, International Journal of Islamic Economics and Finance (IJIEF), 3(2), pp. 199–226. doi: 10.18196/ijief.3227.

Anahtar Kelimeler: