From Crisis to Stability: How Macroeconomics Shapes Islamic Banking and MSME Futures?
Akmal Huda Nasution,
Ulumuddin Nurul Fakhri
Abstract:This study examines the impact of the COVID-19 pandemic on the nexus between macroeconomic conditions, Islamic banking performance, and MSME financing in Indonesia. Utilizing Partial Least Squares Structural Equation Modeling (PLS-SEM) and secondary data spanning January 2020 to June 2023, the research analyzes the direct effects of macroeconomic factors on both the financial performance of Islamic banks and the provision of financing to MSMEs. The findings indicate a statistically significant positive relati… Show more
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