PORTOFOLIO LIQUIDITAS PADA BANK SYARIAH

Abstract

Optimizing the use of sharia bank liquidity portfolios is a key to the success rate of sharia banks in maintaining sharia banking stability and existence in Indonesia in achieving assets, from a number of sharia bank liquidity portfolio instruments starting from liquidity instruments facilitated by Bank Indonesia as monetary authorities, liquidity instruments facilitated by The Sharia Interbank Money Market and liquidity instruments are facilitated in the Sharia Capital Market, each liquidity facility naturally has a different character. The purpose of this study is to examine the effect of the Sharia liquidity instrument portfolio on the stability of Sharia bank assets. The research method used in this study is a simultaneous method that is a quantitative approach with the VECM model using timeseries data. The data analysis process is done using the help of Eviews 10 software, using data based on a monthly period in the period 2015.1 to 2019.2. The results of this study indicate that; SBIS liquidity portfolios have a greater effect on the long-term assets, while Subordinate Sukuk / SUKS have a greater effect on assets in the short term. The Sharia Mutual Fund Certificate / SRS liquidity portfolio gives a stable effect on the assets in the short and long term periods. Whereas the SPSN, SBSN and SIMA liquidity portfolios tend to be less stable and have a volatile effect on assets.