https://ejournal.uin-suka.ac.id/febi/ijif <p><strong>International Journal of Islamic Finance</strong> (<strong>IJIF</strong>) is open access, peer-reviewed journal whose objective is to publish original research papers related to Islamic Finance. The studies highlight Islamic Finance issues like Complexity of Shariah Compliance, Lack of Standardization, Limited Product Diversity, Risk Management Challenges, Costs and Profitability, Innovation and Technology, Global Regulatory Framework, Lack of Awareness, Ethical Concerns, Integration with Conventional Finance. Despite these challenges, Islamic finance has been steadily growing and evolving. Efforts are being made to address these issues and promote greater awareness and adoption of Islamic financial principles in both Muslim-majority and non-Muslim-majority countries.</p> <p> </p> <p><strong>Title</strong> : IJIF: International Journal of Islamic Finance<br /><strong>Abbreviation</strong> : IJIF<br /><strong>ISSN</strong> : 3031-8068<br /><strong>DOI Prefix</strong> : Prefix 10.14421<br /><strong>Ed. in Chief</strong> : Darmawan<br /><strong>Man. Editor</strong> : Anniza Citra Prajasari; Izra Berakon<br /><strong>Publisher</strong> : FEBI UIN Sunan Kalijaga<br /><strong>Frequency</strong> : Biannual, May &amp; November<br /><strong>Citedness in</strong> : <a href="https://scholar.google.com/citations?hl=en&amp;user=XMe_3j0AAAAJ">Google Scholar</a> |<a href="https://app.dimensions.ai/discover/publication?search_mode=content&amp;search_text=International+Journal+of+Islamic+Finance&amp;search_type=kws&amp;search_field=text_search" target="_blank" rel="noopener">Dimension</a> | <span style="text-decoration: underline;"><a href="https://garuda.kemdikbud.go.id/journal/view/40635" target="_blank" rel="noopener">Garuda </a></span></p> Department of Islamic Financial Management, Faculty of Economics and Islamic Business, Sunan Kalijaga State Islamic University, Yogyakarta, Indonesia. en-US International Journal of Islamic Finance 3031-8068 https://ejournal.uin-suka.ac.id/febi/ijif/article/view/2772 <p><strong>Background: </strong>Islamic banking plays a crucial role in promoting financial inclusion and economic stability across member countries of the Islamic Financial Services Board (IFSB). However, the variability in profitability across nations raises questions regarding which internal financial factors most strongly influence performance at the industry level.</p> <p><strong>Objectives:</strong> This study aims to analyze the influence of CAR, NPF, CIR, and LR on the ROA of Islamic banking industries across twelve IFSB member countries during 2016-2024.</p> <p><strong>Novelty: </strong>This study provides a cross-country industry-level analysis of Islamic banking profitability, revealing that efficiency and credit risk management are stronger determinants of performance than capital strength.</p> <p><strong>Research Methodology / Design</strong>: This research employs panel data regression using secondary data from IFSB. The sample includes 12 countries with consistent financial reporting from 2016–2024.</p> <p><strong>Findings: </strong>The results reveal that NPF and CIR have significant negative effects on profitability, while LR has a significant positive effect. CAR shows a positive but statistically insignificant relationship.</p> <p><strong>Implication: </strong>Theoretically, the study reinforces the efficiency and risk management theories within Islamic financial systems. Practically, regulators should prioritize policies enhancing operational efficiency and credit risk governance, while banks should optimize liquidity without compromising profitability sustainability.</p> Syahdatul Maulida Copyright (c) 2025 International Journal of Islamic Finance 2025-11-30 2025-11-30 3 2 1 18 10.14421/ijif.v3i2.2772