This study aims to determine the effectiveness of the company's financial performance PT. Light Metal Industry Alumindo Tbk. The problem in this research is the net profit of PT. Alumindo Light Metal Industry Tbk has suffered losses in a row, namely in 2019-2021. The purpose of this research is to analyze PT. Alumindo Light Metal Industry Tbk as seen from the activity ratio and profitability ratio. This type of research is field research, with the research method used is descriptive quantitative. This research was conducted at PT. Alumindo Light Metal Industry Tbk accessed through the official website of the Indonesian stock exchange, namely www.idx.co.id. The data collection technique in this study is a documentation technique in the form of financial reports. Research conducted at PT. Alumindo Light Metal Industry Tbk, which the author accesses through the official website of the Indonesia Stock Exchange, namely www.idx.co.id. The data collection technique in this study is a collection technique in the form of financial statements of PT. Light Metal Industry Alumindo Tbk. PT. Light Metal Industry Alumindo Tbk. The results showed that the financial performance of PT. Alumindo Light Metal Industry Tbk for the last five years starting in 2018-2022 when viewed from the activity ratio it shows financial performance that has not been effective. Meanwhile, when viewed from the profitability ratios, the company's performance is in a bad condition.
The purpose of this research is to identify the strengths and weaknesses of Bank Nagari for the conversion from Conventional Commercial Banks (BUK) to Islamic Commercial Banks (BUS). The type of research that the authors use is field research or field research. The analytical method used in this research is descriptive qualitative. The study was conducted at Bank Nagari, West Sumatra province. The results of this analysis show that the strengths possessed by Bank Nagari to convert from BUK to BUS are: First: Bank Nagari has had a sharia business unit since 2008. Second: Bank Nagari currently has approximately 1,700 employees who are equipped with knowledge about sharia products and services. Third: Bank Nagari's sharia products and services that compete with other banks. Fourth: sharia services can now be served by all branch offices of Bank Nagari (conventional and sharia) in the province of West Sumatra. Fifth: Bank Nagari has started to complete the requirements needed to convert from conventional to sharia. Sixth: Bank Nagari has assessed converting conventional products to sharia products. Seventh: Bank Nagari's technology transformation system allows conversion to sharia. In contrast, the Weaknesses First: limitations in terms of products. Because some conventional products cannot be converted to the sharia system. Second: the composition of third-party funds is dominated by corporate funds, where the corporate funds prioritize fixed rates. Third: there needs to be precise regulation from the government. Fourth: the shareholders are not ready to take the risk of a dividend decrease that will occur at the beginning of the conversion.
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