Bank Syariah Mandiri Research Articles

The effect of systematic and unsystematic determinants on loan (financing) to deposit ratio in Indonesian banking

Purpose: This study compares the determinants of liquidity of Islamic Banks (IBs) and Conventional Banks (CBs) based on the loan-to-deposit ratio (LDR) and financing-to-deposit ratio (FDR) between 2016 and 2020. Research Methodology: The data analysis technique used was panel data regression. Results: The results show Economic growth has a positive effect on banking liquidity risk, while non-performing loans (financing) have a negative effect on banking liquidity risk. Limitations: The frame time in this research was 2016-2020 which, before Bank Syariah Mandiri, Bank Rakyat Indonesia (BRI) Syariah, and Bank Negara Indonesia (BNI) Syariah merged into Bank Syariah Indonesia. Contribution: This study can be used as a reference for preparing or perfecting regulations that can be bolder in expanding credit (financing). Commercial banks are expected to be able to manage liquidity so that the liquidity ratio is not less than or exceeds the tolerance limit, especially for CBs, and are used as evaluation material for the performance of IBs, especially CBs. Novelty: Several previous studies conducted separate analyses of the determinants of LDR and FDR in one type of commercial bank and showed contradictory results. This research did not conduct separate analyses in one type of bank but combined the determinants so that they could cause liquidity risk by measuring LDR on BUK and FDR on BUS to discuss these conflicting findings.

PENGARUH AIDA (ATTENTION, INTEREST, DESIRE, ACTION) DALAM IKLAN MEDIA SOSIAL INSTAGRAM TERHADAP MINAT MENABUNG NASABAH DI BANK SYARIAH MANDIRI

Sharia banking in Indonesia has good development potential and one way that can be pursued is to provide information to the public through advertisements related to Islamic banking products. In order to increase interest in saving effectively and efficiently, a concept of AIDA (Attention, Interest, Desire, Action) is needed and social media Instagram as an advertising medium. Therefore, it is necessary to test how much influence AIDA has on the interest in saving. The data collection technique used a questionnaire with a sample of 119 respondents who have become Bank Syariah Mandiri customers and the data analysis used was multiple regression analysis. The results of this study are attention has a significant positive effect on interest in saving, interest has a significant positive effect on interest in saving, desire has a significant positive effect on interest in saving, action has a significant positive effect on interest in saving and AIDA has a significant positive effect on interest in saving.

Analisis Hukum terkait Restrukturisasi BUMN melalui Konsolidasi Pembentukan Bank Syariah Indonesia: Aspek Regulasi dan Pengawasan

This research was made to find out how the application of law in the banking consolidation system which is the embodiment of a company owned by a State-Owned Enterprises (SOEs). Consolidation is the process of merging two or more companies to form one new company where the old company that has merged will disappear as a legal effect, such as Bank Mandiri Syariah, Bank BRI Syariah, and Bank BNI Syariah forming Bank Syariah Indonesia. With the consolidation mechanism, new legal consequences arise that will become the basis for running the consolidated banking operational system. The method used in this research is normative juridical with analytical descriptive aspects as the basis for assessing legal concepts in the research. Based on the results of the research, the consolidation of Islamic banking uses the same mechanism system as a limited liability company as stipulated in Law Number 40 of 2007 concerning Limited Liability Companies. However, Islamic banking has different aspects of supervision from conventional banking in general. In addition, Bank Syariah Indonesia Tbk as an Islamic bank has also achieved the goals of a SOEs as mandated by law.

DETERMINANT OF CUSTOMER LOYALTY FOR BANK SYARIAH INDONESIA AFTER M&A ACTIVITY BASED ON CONFIRMATORY FACTOR ANALYSIS

Introduction: The government of Indonesia consolidated three state-owned Islamic banks to become Bank Syariah Indonesia. Customer loyalty is affected by merger operations. The goal of this study was to look at how operational integration variables, information technology integration, bank location, service quality, bank human resource quality, and product quality affected customer loyalty at BSI's predecessor banks (Bank Syariah Mandiri, BNI Syariah and BRI Syariah).
 Methods: Primary data was collected using a questionnaire tool. Confirmatory Factor Analysis was employed as the analytical method.
 Results: Consumer loyalty to BSI post the merger is influenced by a number of variable aspects, according to the study's findings. All operational integration variables, IT integration, bank location, service quality, HR quality, and product quality have a major effect on BSI customer loyalty, but the operational integration variables, IT integration, and product quality have the most significance.
 Conclusion and suggestion: BSI perform operational integration, fast and good IT integration, and has better product quality than before the merger, the most influencing factor for customers to be loyal to BSI is when BSI performs operational integration, fast and good IT integration, and has better product quality than before the merger.

THE INFLUENCE OF SHARIA COMPLIANCE, PROMOTION AND REPUTATION OF BANK SYARIAH INDONESIA ON CUSTOMER LOYALTY

Introduction: This study aims to investigate how customer loyalty of the Indonesian Sharia bank KCP Kuala Tungkal is affected by Sharia compliance, promotion, and reputation in various contexts or settings and various variables, such as various bank types or regions, which can affect the results. Methods: In this study, secondary data were analyzed using multiple regression with quantitative descriptive techniques using Eviews 10. The sample consisted of 99 respondents, all of whom were customers of Bank Mandiri Syariah. Results: The findings indicated that customer loyalty was not positively impacted by Sharia compliance; however, customer loyalty was positively impacted by reputation promotion, and reputation had a significant impact on customer loyalty. Additionally, there was a significant impact on customer loyalty when Sharia compliance, promotion, and bank reputation were combined. Conclusion and suggestion: There is a positive correlation between reputation and customer loyalty. This suggests that customer loyalty also increases as brand familiarity increases. This study contributes to consumer loyalty by promoting Sharia compliance, bank advertising, and reputation.

BRIS AT IDX: A LOOK AT HOW SHARIAH BANK MERGER WORKS IN INDONESIA

This article provides a comprehensive exploration and analysis of the complex legal framework surrounding the merger of PT Bank Syariah Mandiri, PT Bank BRI syariah Tbk, and PT Bank BNI Syariah, resulting in the establishment of Bank Syariah Indonesia (BSI). The analysis meticulously categorizes the legal requirements applicable to both private and public Shariah banks, referencing key regulations such as POJK 41/2019, Law 40/2007, POJK 15/2020, POJK 74/2016, and others. The study delves into the essential elements of the merger process, navigating through the intricacies involved in formulating a comprehensive merger plan. This includes a detailed examination of share evaluation methodologies and the resolution of associated rights and obligations. The article places significant emphasis on the disclosure of material facts, highlighting the importance of transparently communicating information that has the potential to impact stakeholders. Additionally, the analysis extends to the multifaceted approval processes required for the successful execution of the merger, encompassing internal approvals from boards of directors and commissioners, as well as regulatory bodies. The article sheds light on the intricate procedures and criteria outlined by the Indonesia Stock Exchange (IDX) regarding such transformative transactions, further adding complexity to the overall process.

Pengaruh Komitmen Organisasi dan Etika Kerja terhadap Kinerja Karyawan

The purpose of this research is to analyze: 1) The influence of organizational commitment on the performance of employees of Bank Syariah Indonesia Jayapura Branch, 2) The influence of Islamic work ethics on the performance of employees of Bank Syariah Indonesia Jayapura Branch and 3) The influence of organizational commitment and Islamic work ethics simultaneously on performance employees of Bank Syariah Indonesia Jayapura Branch. This type of research is quantitative research. The population of this research is all employees who work at the Jayapura Branch of Bank Syariah Mandiri. The sample used in this research was 45 respondents. Data collection methods using interviews, questionnaires and literature studies. The instrument was tested using a validity test using the Pearson Product Moment correlation test, while the reliability test used Cronbach's Alpha. Classic assumption tests include normality tests, heteroscedasticity tests, and multicollinearity tests. Hypothesis testing in this study used multiple regression analysis using the SPSS version 25 software application. The research results show that organizational commitment has a positive and significant effect on employee performance. Islamic work ethics partially has no effect on employee performance. Simultaneously, organizational commitment and Islamic work ethics influence employee performance.

Akibat Hukum Merger Bank Syariah Mandiri, BRI Syariah, dan BNI Syariah

The purpose of writing this article is to examine legal arrangements for merger of Islamic banking and legal consequences of the merger of Bank Syariah Mandiri, BRI Syariah, and BNI Syariah. The research method used in this research is normative juridical method. Results of this study found that provisions regarding the merger of Islamic Banking are carried out in accordance with the provisions of the legislation as mandated by Article 17 paragraph (3) of Law Number 21 of 2008 concerning Islamic Banking. The legal arrangements for the merger of Islamic Banking in Indonesia can be referred to the Banking Law, Limited Liability Company Law, Islamic Banking Law, Government Regulation Number 28 of 1999, and OJK Regulation Number 41 of 2019. In addition, the merger of Sharia Banks must also pay attention to terms and conditions relating to the prohibition of monopolistic practices and unfair business competition as referred to in Law Number 5 of 1999. The legal consequences of the merger of BRI Syariah, BNI Syariah and Bank Mandiri Syariah may affect the company, shareholders, customers and employee.

The Performance Analysis of Bank Syariah Mandiri with Maqasid Sharia Index Approach in the 2013–2017 Period

The Performance Analysis of Bank Syariah Mandiri with Maqasid Sharia Index Approach in the 2013–2017 Period

Analisis Pengaruh Pendapatan Margin Murabahah dan Ijarah Muntahiyah Bittamlik terhadap Profitabilitas Bank Umum Syariah Di Indonesia Periode 2018-2022

The purpose of conducting this research is to determine the effect of Margin Income of Murabahah and Ijarah Mutahiyah Bittamlik on the Profitability of Islamic Commercial Banks in Indonesia for the 2018-2022 period. The type of research in this study is descriptive quantitative. The sampling technique used in this study was a purposive sampling technique and produced a sample of 6 Islamic Commercial Banks, including PT Bank BNI Syariah, PT Bank BCA Syariah, PT Bank Syariah Mandiri, PT Bank Bukopin Syariah, PT Bank BRI Syariah, PT Bank Muamalat Indonesia from the period 2018 to 2022. The data analysis method in this study is multiple regression analysis. The results of the research that has been done show that there is a significant effect of Margin Murabahah and Ijarah Mutahiyah Bittamlik income on Profitability which is carried out simultaneously.

ANALISIS KOMPARATIF PT BANK SYARIAH INDONESIA TBK. SEBELUM DAN SESUDAH MERGER

The long-term goal achieved in this study is to see the effect of the merger of BUMN Syariah Banks to become Indonesian Syariah Banks (BSI). Where is the merger will certainly affect the expansion of the market area and can increase product variations because so far each Islamic Bank has unique products that have different characteristics, so that later it will further enrich its products, can increase economies of scale or increase the size of the bank, economics of scope and course this can be realized by financing giant projects. The research method used is a descriptive method with a quantitative approach. The population of this study is PT Bank BRI Syariah Tbk, PT Bank BNI Syariah, and PT Bank Syariah Mandiri. The next step is to process the data using the SPSS 17 software using the Wilcoxon signed rank test so that a research report can be compiled as the activity output. The results of the statistical test analysis there is no significant difference in the values of KPPM, ROA, ROE, NPF, FDR, BOPO, and NOM at Bank BRIS, BNIS, and BSM before and after the Merger. The KPPM, ROA, ROE, and NOM values are negative indicating that the KPPM, ROA, ROE, and NOM values after the merger are higher than before the merger. On the other hand, the NPF, FDR, and BOPO values are positive indicating that the NPF, FDR, and BOPO values after the merger are lower than before the merger.Keywords: Comparative, Financial Ratios, Bank Mergers

Penerapan Prinsip Good Corporate Governance di Bank Syariah Mandiri Cabang Sidoaro

This study aims to determine the implementation of the principles of good corporate governance implemented by Bank Syariah Mandiri Sidoarjo branch. This research uses a qualitative approach. The subjects of this research are the leadership (Branch Head), Operational Management and employees of Bank Syariah Mandiri Sidoarjo branch and Lecturers of Universitas Muhammadiyah Sidoarjo.. Sources of data obtained from interviews with informants or research subjects. Data were collected by means of interviews, observations, and documentation. Data analysis using qualitative methods. The results of the study found that Bank Syariah Mandiri (BSM) Sidoarjo Branch had implemented Good Corporate Governance (GCG) through the implementation of the principles of openness, accountability, responsibility, independence and fairness. The implementation of GCG at Bank Syariah Mandiri (BSM) Sidoarjo Branch has provided benefits in 1) Improved efficient, effective performance and continuity of an organization that contributes to the realization of the welfare of shareholders, employees and other stakeholders and is a good way out in overcoming organizational challenges in the future; 2) Increasing the legitimacy of organizations whose management is transparent, fair and accountable; 3) Recognition and protection of the rights and obligations of stakeholders; 4) An integrated approach in accordance with democratic principles, management and legal participation of the organization; 5) Control of conflicts of interest that arise between the owners of capital and management; 6) Reducing the cost of capital through positive signs or signals to investors.

PERANCANGAN SISTEM INFORMASI LAYANAN GADAI EMAS MENGGUNAKAN MICROSOFT VISUAL STUDIO PADA BANK SYARIAH INDONESIA KC CIMAHI

Bank Syariah Indonesia is a bank that emerged from a merger between PT Bank BRI Syariah Tbk, PT Bank Syariah Mandiri, and PT Bank BNI Syariah. The consolidation between the three Islamic banks resulted in more complete services, greater coverage, and more optimal funding capacity. One of the services from BSI is the Gold Pawn Service, which is a lending product based on gold as collateral as a practical way to obtain cash. The purpose of the research that designed the Gold Pawn Service information system was to facilitate recording and reporting of all activities in the Gold Pawn Service. Technology in designing the Gold Pawn Service information system using Microsoft Visual Studio with Microsoft Access as database. This research resulted in the design of a Gold Pawn Service financing simulation information system that features news information and knowledge about calculations and explanations of gold pawn service financing products at Bank Syariah Indonesia at Cimahi Branch Office.

Strategi Kelayakan Penyaluran Kredit Pada Usaha Mikro dan Kecil Di Cirebon (Studi Kasus Bank Syariah Mandiri Cabang Cipto Cirebon Tahun 2018-2020)

Bank Syariah Mandiri (BSM) Cipto Cirebon Branch is one of the branches of BSM that focuses on microfinancing to micro and small enterprises (UMK) in Cirebon. The research objectives are (1) to analyze the feasibility of micro-financing in micro, small and medium enterprises (MSMEs) with the 5C principle; (2) to identify environmental factors that affect the feasibility of MSME financing; and (3) to Develop a form of micro-financing strategy for MSMEs. Primary data collection was carried out by direct interviews using questionnaires to experts who mastered the problems. Business feasibility analysis with the 5C principal approach. Strategy analysis with Internal Factor Evaluation (IFE), External Factor Evaluation (EFE), Internal-External (IE) and Strengths, Weaknesses, Opportunities and Threats (SWOT matrix) and Quantitative Strategic Planning Matrix (QSPM) to determine strategic priorities. The results of the financing feasibility analysis with the 5C principle show that the BSM Cipto Cirebon Branch has been implemented well, in accordance with the provisions that have been set. The results of the identification of internal strategy factors were obtained which became the main strength of the Cipto Cirebon Branch of BSM, namely a fairly easy requirement in applying for MSME loans. The main weakness is the lack of human capitals understanding of the product. Government support for microfinance is the main opportunity, while the main threat is the Covid-19 pandemic. Determination of the position of the IE matrix strategy, showing the position of BSM Cipto Cirebon Branch is located in cell V (guard and maintain). The appropriate strategy to be applied is market penetration and product development. Based on the SWOT matrix analysis, eight alternative strategies were identified to be considered, then with the QSP matrix, the strategies that should be prioritized for implementation were obtained, namely to innovate products according to the times and the needs of the community.

Comparative Study Of Murabaha Financing At Kalbar Syariah Bank And Mandiri Syariah Bank Branch Sambas

One of the most popular Fiqh schemes used by Islamic banking is the Murabaha Buy-Sell Scheme. This Murabahah transaction was commonly carried out by the Prophet Muhammad, and his companions. The activities of Islamic banks are to collect funds from customers, distribute funds and other banking services. Islamic banks in its operations started from the collection of public funds in the form of demand deposits, savings and deposits. The funds raised were distributed in the form of financing, namely Murabaha, Musharakah, qardh, ijarah and services financing. The funds were distributed to customers in the form of working capital financing, consumption financing, working capital financing and investment. The focus of this study are: 1) How is the practice of Murabaha financing in Kalbar Syariah Bank Sambas branch? 2) What is the practice of Murabaha financing at Syariah Mandiri Bank Sambas branch? 3) What is the comparison of Murabaha financing at Kalbar Syariah Bank and Syariah Mandiri Bank Sambas branch? The purpose of this study was to describe, identify, uncover and analyze the financing practices in Kalbar Syariah Bank and Syariah Mandiri Bank branch sambas. This research is a field research (Field research) or qualitative research, qualitative research is more emphasis on the process than the product or outcome. Qualitative research focuses more on research that is a process, such as interaction between humans in a community, the process of implementing work, the development of a symptom or civilization. The researcher concluded that in distributing Murabaha Financing Kalbar Syariah Bank and Syariah Mandiri Bank both provide the conditions set by Bank Indonesia, and in the Murabaha financing process there is a difference between the total amount of financing installments of the two banks. Syariah Mandiri Bank Murabaha financing cheaper than Kalbar Syariah Bank, but judging from the interest of customers who do the financing, between Syariah Mandiri Bank with Kalbar Syariah Bank is more interested in financing at Kalbar Syariah Bank. The reason why the interest in Kalbar Syariah Bank is more than in Syariah Mandiri Bank, because the financing process, especially on the terms and the decision process does not take a long time and quickly.

Pengaruh Motivasi Kerja dan Etika Bisnis Islam Terhadap Kualitas Pelayanan Karyawan pada Bank Syariah Mandiri Muara Bulian

The influence of work motivation and Islamic business ethics on the quality of employee service at Bank Syariah Mandiri Muara Bulian, Journal, Islamic Economics/Banking and Sharia Financial Institutions, The establishment of services based on relationships with customer satisfaction is the key to retaining customers and includes providing benefits financial and social as well as structural ties with customers. A service must decide how much relationship-based service it should perform to each market segment and customer, from casual, relative, responsible, proactive to full partnership. Administrative information contains so many meanings, has various functions, raises so many expectations. The method used in this study is a survey method, which was carried out at Bank Syariah Mandiri Muara Bulian using a probability sampling technique with a total sample of 52 employees. The hypothesis in the study 1) there is an influence between work motivation on the quality of employee service of 0.7553. 2) there is an influence between Islamic business ethics on employee service quality of 0.535. 3) there is an influence between work motivation and Islamic business ethics on the quality of employee service of 0.945. Hypothesis testing uses path analysis with a significant level of a = 0.05. Based on the findings of this study, the better the work motivation and Islamic business ethics, the better the quality of employee service.

The Existence Of Bank Syariah Indonesia Post-Merger In Denpasar City

The Islamic Banking Revolution is a fairly basic change in a field of Islamic financial institutions that unites the 3 largest Islamic banks in Indonesia, namely Bank Mandiri Syariah, Bank BRI Syariah and Bank BNI Syariah which merge or merge into one called Bank Syariah Indonesia. This new breakthrough regarding the merger of state-owned banks is expected to be a breath of fresh air for all circles, especially non-Muslims to be more receptive to Islamic banking. It is certainly hoped that all Indonesian citizens regardless of their religion can accept Islamic banking as an economic system in Indonesia, especially in the city of Denpasar, which is an Islamic minority. The universal nature of Islamic banks for all people, it is necessary to expand to non-Muslim communities in order to maintain the sustainability and existence of Islamic banks.This research is a field research using qualitative research methods, while the subjects of this research are the internal parties of the Indonesian Islamic Bank in Denpasar City and the community/customers of BSI Denpasar City. Data collection techniques in this study used observation, interviews and documentation techniques. The data validation technique uses credibility test with source triangulation and dependability test.The results of this study indicate that 1) The existence of the Post-Meger Indonesian Islamic Bank in Denpasar City is still able to survive due to their strategy that covers several aspects by implementing the steps taken by Bank Syariah Indonesia in order to continue to exist and survive during the pandemic. Its existence is by implementing the Financing Relaxation program to Reduce Bad Credit Post Mergers during the pandemic, Actively sharing in Community Activities during the pandemic, Business Strategy of Bank Syariah Indonesia Post Mergers during the pandemic (both in terms of survival and marketing by targeting potential customers). 2). The public perception of Denpasar City about the existence of Bank Syariah Indonesia after the merger, both in terms of improving product quality and improving service quality, can be seen from the public perception about the merger of 3 Islamic banks (BSI) is quite good, the majority of Denpasar people already know about the merger of 3 Islamic banks. (BSI). They strongly support this merger because it makes it easier for them to deal with the bank concerned because there are more branches and the reach to the bank is getting closer, both for products and services.

Produk E-Money Bank Syariah dalam Perspektif Kajian Islam

This study aims to determine the suitability of BSM E-Money products according to the DSN MUI Fatwa on one of the products at Bank Syariah Mandiri. This study used a qualitative descriptive method with data collection carri ed out through observation, interviews and documentation of two sources of informants, namely the Central Bank Syariah Mandiri Office and the DSN-MUI Institute Office. Data analysis techniques were carried out in three steps, namely: data reduction, data presentation, and drawing conclusions. The results of this study indicate that according to the DSN-MUI Fatwa, a product that has been legalized and marketed states that the product is in accordance with the DSN-MUI Fatwa No. 116 because if the product is not in accordance with the existing Fatwa or violates the provisions, the Bank Indonesia Authority or OJK has the authority to reprimand or stop the product. According to Bank Syariah Mandiri, so far BSM E-Money products are still operating in accordance with existing regulations, it can be concluded that Products in Electronic Money transactions at Bank Syariah Mandiri have complied with DSN-MUI Fatwa No. 116, approved by the Sharia Supervisory Board (DPS) and obtained a permit from Bank Indonesia or the Financial Services Authority (OJK). The product complies with sharia principles and is declared in accordance with the DSN-MUI Fatwa, only that there are sharia problems.

PENGARUH PIUTANG MURABAHAH TERHADAP LABA BERSIH BANK SYARIAH INDONESIA (BSI) PERIODE 2021-2022

Bank Syariah Indonesia, which is known by the public, is a financial institution that oversees sharia principles. On February 1, 2021 Bank Syariah Indonesia (BSI) was the result of the merger of Bank Syariah Mandiri, Bank BRI Syariah and Bank BNI Syariah. At the same time, Bank Syariah Indonesia (BSI) released its developer product, namely murabahah financing. Murabaha financing objects whose development tends to increase from time to time. On the basis of seeing an increase in murabahah financing every year the author wants to know whether this increase has an effect on net profit at Bank Syariah Indonesia (BSI). The purpose of this research is to find out and partially describe murabahah receivables on net profit at Bank Syariah Indonesia (BSI) for the 2021-2022 period. This study uses the product theory from Adiwarman A. Karim (2008) which states that murabaha financing is the sale and purchase of goods at the original price with additional profits agreed between the bank and the customer and the net profit theory from (Kasmir, 2014) which states net profit as the difference between revenue minus costs incurred for business purposes and minus taxes. This research method is a quantitative method with secondary time series data, namely the monthly reports of Bank Syariah Indonesia (BSI) for the 2021-2022 period. Sampling using purposive sampling technique. Analyzed with the classical assumption analysis method, simple linear regression, hypotheses and processed with SPPS software version 25. The results of this research show that the acquisition of the t test results is tcount (2.492) > ttable value, (2.085). The result of the test for the coefficient of determination is the R square of 0.220 (22%). Which means that murabahah receivables have an influence of 22% on the net profit of Bank Syariah Indonesia (BSI). The hypothesis states that murabahah receivables (Variable X) have a positive and significant effect on net income (Variable Y).

Maslahah Of Islamic Banking Merger Discourses (Indonesia Case)

The Indonesian government has merged Islamic banks in Indonesia, namely Bank Syariah Mandiri (BSM), Bank Rakyat Indonesia Syariah (BRIS), and Bank Negara Indonesia Syariah (BNIS) into Bank Syariah Indonesia (BSI) to strengthen the competitiveness of Islamic banks. Therefore, the purpose of this study is to analyze the impact of mergers of Islamic banks in Indonesia which were carried out in such a short period based on factors of employee age, employee experience, and employee productivity. The method used in this study is a quantitative method sourced from secondary data, namely the annual report. Furthermore, the formulation of the problems in this study includes: (i) Is there a gap in the age and experience of employees of each ex-legacy bank?; (ii) What were each ex-legacy bank's performance and productivity conditions before the merger?; (iii) How is the productivity of the merged bank when compared to the productivity of the ex-legacy bank?. The results of this study state that there is a potential for internal conflicts related to the staffing aspect and a decrease in productivity both in terms of profit and assets from ex-legacy banks with enormous profits and assets. Therefore, the implication of this study is to provide information to government stakeholders to take follow-up actions against the merged Islamic bank to mitigate conflicts and provide benefits or maslahah for both external and internal parties. The originality of this study is to discuss mergers of Islamic banks that are associated with staffing factors and employee productivity.