HUBUNGAN PENERAPAN GOOD GOVERNANCE BUSSINESS SYARIAH TERHADAP ISLAMICITY FINANCIAL PERFORMANCE INDEX BANK SYARIAH DI INDONESIA

Abstract

This research aimed to find out and examine the relationship between the implementation of Good Governance of syariah Business with financial performance of syariah bank in indonesia. While, the population was general syariah bank which were listed on indonesian Stock Exchange. Moreover, the financial performance was measured by Islamicity Financial Performance Index. The research was descriptive-associative which its purpose was to find out the relationship of two variables or more. Furthermore, the data collection technique used purposive sampling with 6 companies as sample. In addition, the data analysis technique used common factor analysis and product moment pearson. The test result of common factor analysis concluded there was two factors as the result of extraction; within profit sharing ratio, zakat performance ratio, and equitable distribution ratio. This happened as it had equivalent score of ≥ 1. It meant, this circumstance showed a proper set which in order to present islamicity Financial Performance Index. Besides, from another test result of Product Moment Pearson, it concluded there was significance correlation between the implementation of Good Governance of Syariah Business and Islamicity Financial Performance Index.
Keywords: good governance of syariah business, islamicity financial performance index.