Strategi Manajemen Risiko Islam dan Ketahanan Keuangan dalam Perbankan Syariah di Tengah Ketidakpastian Ekonomi Global

Abstract

This study investigates the relationship between Islamic Risk Management Strategies and Financial Resilience in Indonesian Islamic banking during the period 2020–2026, with Global Economic Uncertainty as a moderating factor. Islamic Risk Management Strategies are proxied by Non-Performing Financing (NPF), while Financial Resilience is measured by Return on Assets (ROA), and Global Economic Uncertainty is represented using a dummy variable (0 = stable condition, 1 = uncertain condition). The study employs a quantitative explanatory research design using panel data regression analysis with EViews 14 on eight Islamic commercial banks in Indonesia. The empirical results indicate that Islamic Risk Management Strategies have a positive and significant effect on Financial Resilience, meaning that better management of financing risk improves bank profitability and stability. In contrast, Global Economic Uncertainty has a negative and significant effect on Financial Resilience, showing that macroeconomic instability weakens Islamic banking performance. Furthermore, Global Economic Uncertainty negatively moderates the relationship between Islamic Risk Management Strategies and Financial Resilience, indicating that economic uncertainty reduces the effectiveness of risk management in strengthening financial stability. Overall, the findings confirm that financial resilience in Islamic banking is determined by both internal risk management practices and external macroeconomic conditions. This study provides theoretical contributions to Islamic finance literature and practical implications for Islamic bank management and financial regulators in enhancing resilience under uncertain global economic conditions