MURABAHAH FINANCING REPAYMENT OPTIMIZATION THROUGH 5C CREDIT ANALYSIS
DOI:
https://doi.org/10.15575/fjsfm.v5i1.33265Keywords:
Capital Issues, MSMEs, 5C Principles, Payment SmoothnessAbstract
This study investigates the impact of the 5C credit analysis principles (Character, Capacity, Capital, Collateral, and Conditions of Economics) on the smoothness of murabahah financing payments at KSPPS BMT ItQan Soreang Unit either simultaneously or partially. Micro, Small, and Medium Enterprises (MSE) often face challenges due to a lack of business capital, despite financial products introduced by institutions like Savings and Loans Cooperatives and KSPPS BMT. Persisting issues in payment smoothness necessitate a comprehensive examination, particularly in credit analysis. This research employs a quantitative approach with logistic regression tests on a sample of 101 respondents using statistical techniques such as regression analiysis, wald test, and omnibus test of model coefficients. This research highlights the importance of applying the 5C credit analysis principles to improve risk management, policy development, operational efficiency, and financial inclusion in murabahah financing at KSPPS BMT ItQan Soreang Unit. Findings from the Omnibus Test of Model Coefficients confirm that the 5C principles collectively impact payment smoothness. Moreover, the Wald test identifies Character, Capacity, and Conditions of Economics as significant contributors to the effectiveness of murabahah financing payments at KSPPS BMT ItQan Soreang Unit. This research highlights the importance of applying the 5C credit analysis principles to improve risk management, policy development, operational efficiency, and financial inclusion in murabahah financing at KSPPS BMT ItQan Soreang Unit.
References
Afrianty, N., Isnaini, D., & Oktarina, A. (N.D.). Lembaga Keuangan Syariah.
Ardiansyah, T. (2019). Model Financial Dan Teknologi (Fintech) Membantu Permasalahan Modal Wirausaha Umkm Di Indonesia. Majalah Ilmiah Bijak, 16(2), 158–166. Https://Doi.Org/10.31334/Bijak.V16i2.518
Cahyaningtyas, R. A., & Darmawan, A. (2020). Pengaruh 5C (Character, Capacity,
Capital, Collateral, Dan Condition of Economy) Terhadap Pemberian Kredit Studi Kasus Koperasi Pegawai Telkom Purwokerto. Kompartemen: Jurnal Ilmiah Akuntansi, 17(1).
Guilford, J. P., Benjamin Fruchter. 1956. Fundamental Statistic in Psychology and Education. 5th ed.
Tokyo: Mc-Graw-Hill.
Hakim, L., & Santoso, A. (2023). Logistic regression modelling at insurance interest:
Theory of planned behavior. Desimal: Jurnal Matematika, 6(3), 295-304.
Hosmer, D.W., S. Lemeshow dan R. X. Sturdivant. 2013. Applied Logistic Regression.
Edisi ke-3. John Wiley and Sons Inc, Canada.
Husaeni, U. A., & Dewi, T. K. (2019). Pengaruh Pembiayaan Mikro Syariah Terhadap Tingkat Perkembangan Usaha Mikro Kecil Menengah (Umkm) Pada Anggota BMT Di Jawa Barat. BJRM (Bongaya Journal Of Research In Management), 2(1), Article 1. Https://Doi.Org/10.37888/Bjrm.V2i1.122
Kartika, D., & Oktafia, R. (2021). Implementasi Strategi Dalam Penanganan Pembiayaan Murabahah Bermasalah Pada Kspps Al-Mubarok Sidoarjo. Jurnal Tabarru’: Islamic Banking And Finance, 4(1), Article 1. Https://Doi.Org/10.25299/Jtb.2021.Vol4(1).6598
Kurniati, H. (2019). Analisis Komparasi Pembiayaan Syari’ah Dengan Pembiayaan Konvensional. ASAS: Jurnal Hukum Ekonomi Syariah, 11 (2), 134–146.
Lesawati, L., Hosen, A., & Ferina, Z. I. (2019). Peranan Laporan Keuangan Dan
Penilaian Prinsip 5c Terhadap Efektifitas Pemberian Kredit Pada PT. Bank Bengkulu Cabang Tais. Assets: Jurnal Ekonomi, Manajemen dan Akuntansi, 9(1), 41-48.
Md Tahir, R., Md. Yusof, S., & Rahman, S. (2018). Commodity Murabahah Contract In Microcredit Financing. International Journal Of Academic Research In Business And Social Sciences, 8. Https://Doi.Org/10.6007/IJARBSS/V8-I5/4479
Meivita, A. R., & Farida, Y. N. (2021). The Influence Of Guarantee Value, Business Turnover, Business Age, And Provision Of Accounting Information On Formal Credit Access To Smes In Banyumas District. International Journal Of Social Science, 1(2), Article 2. Https://Doi.Org/10.53625/Ijss.V1i2.137
Melinda, E., & Segaf, S. (2023). Implementation Of Risk Management In Murabahah Financing At Bmt UGT Nusantara Nusantara Pasuruan. Enrichment : Journal Of Management, 13(2), Article 2. Https://Doi.Org/10.35335/Enrichment.V13i2.1439
Nadia Eva Dharmasari Jatmika, 1741143245. (2018, April 27). Pengaruh Character, Capacity, Capital, Collateral, Condition Of Economic Terhadap Tingkat Pengembalian Pembiayaan Bai’ Bitsaman Ajil Di Kspps Bmt Agritama Rahmatanlilalamin, Togogan, Srengat, Blitar [Skripsi]. IAIN Tulungagung. Https://Doi.Org/10/BAB%20IV.Pdf
Nor, A., Ibrahim, S., & Daud, S. (2020). Recovery Issues On Murabahah Financing In Malaysia. International Journal Of Academic Research In Business And Social Sciences, 10, 323–336. Https://Doi.Org/10.6007/IJARBSS/V10-I4/7132
Novitasari, H. E. A. (2021). Penerapan Prinsip 5C pada Prosedur Pemberian Kredit Pundi
Kencana di PT. Bank Pembangunan Daerah Jawa Timur Kantor Cabang Pembantu Sooko
Mojokerto (Doctoral dissertation, Universitas Hayam Wuruk Perbanas Surabaya).
Ratnasari, R., Luthfi, F., & Mahmudi, W. (2021). Determinants Of Murabahah Financing For Microfinance. Review Of International Geographical Education Online, 2021. Https://Doi.Org/10.48047/Rigeo.11.04.23
Reniati, R., Haliza, T. A. R., & Fauzi, M. F. (2023). Investigating The Capital Strengthening Program For Micro And Small Business Enterprises: Financing Feasibility Analysis. International Journal Of Advances In Social Sciences And Humanities, 2(3), Article 3. Https://Doi.Org/10.56225/Ijassh.V2i3.240
Suparmo, S. H. S., & Roni, M. (2022). Risk Management In Murabahah Financing At BMT Amanah 99 Bojonegoro. Proceeding International Conference On Environment Health, Socioeconomic And Technology, 1, 390–400.
Tresiana, E. Y. (2019). Pengaruh 5C Kepada Nasabah Terhadap Pembayaran Pembiayaan
Murabahah di BRI Syariah KCP Ponorogo (Doctoral dissertation, IAIN Ponorogo).
Universitas Negeri Malang & Semarang Street 5, Sumbersari, Lowokwaru, Malang Citty, East Java, Indonesia 65145, Izzalqurny, T. R., Kiftiyah, M., Universitas Negeri Malang & Semarang Street 5, Sumbersari, Lowokwaru, Malang Citty, East Java, Indonesia 65145, Jannah, M., & Universitas Negeri Malang & Semarang Street 5, Sumbersari, Lowokwaru, Malang Citty, East Java, Indonesia 65145. (2022). Analysis Of The Application Of 5C Principles In Credit Decisionmaking Against Non-Performing Loans During The COVID-19 Pandemic (Study At PT BRI Unit X Malang Indonesia). Journal Of Economics, Finance And Management Studies, 05(10). Https://Doi.Org/10.47191/Jefms/V5-I10-27
Wulandari, D. A. D. (2012). Pengaruh Five “C†s of Credit Terhadap Proses Pemberian
Kredit pada BPR di Kota Semarang. Jurnal Ilmu Administrasi Bisnis, 1(2), 212-225.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
