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Influence on the Murabaha Financing Net Profit (Case Study In Baitul Maal Wat Tamwil (BMT) MitraCimahi) by: Umi Rahmawati (3.08.3.235) Students - Politeknik Pos Indonesia qmie_ciutz@yahoo.co.id Surya Noor Ramadan, SE. Dedy Somantri Yusuf, SE,. M.M,. Lecturers Teachers - Politeknik Pos Indonesia ABSTRACTThe increase in net income of a Baitul Maal wat Tamwil (BMT) one is to do theimprovement of the quality of the business is performing. Activities of the BMT one of themis murabaha financing, where financing is financing the commodity of revenue forBMT. Murabaha financing will affect net profit which might be fairly significant amount. Toprove it is necessary to study which aims to determine the magnitude of murabaha financinggrowth, development and influence of the net profit to net income murabaha financing. Thestudy was conducted using quantitative analysis techniques with analytical tools; correlation,simple regression, the coefficient of determination, and test hypotheses.The results of analysis of financial data BMT Mitra showed that there is a strong influenceamong murabaha financing of net profit.This is evidenced by the large correlation coefficientof 0.771. Both of these variables showed a positive relationship, it is shown the linearregression equation Y = 16,491,297.21 + 0.081 X. Through the t test of 2.964 obtained t countT Table greater than 2.447 with significant level of funding so it can be said net profitmurabaha and significant relationship exists. Murabaha contributed 59.4% while 40.6% is afactor - other factors affecting net profit is not disclosed in this study.Based on the above results, it was concluded that there is a strong and significant relationshipbetween financing murabaha against net profit with a substantial contribution, it is advisableto BMT Mitra Cimahi to further improve the quality of murabaha financing in order tofurther optimize the acquisition of its net profits by taking into account the level of margin offinancing as well as the smoothness of the financing itself. In addition, BMT should be ableto explore the potential for other financing in order to develop the entire exercise of financingproducts in an effort to increase the profits. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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1.1 Background IssuesIt has become common knowledge that the economic development of Islamic shariasynonymous with economic expansion. There are many economic sectors in Indonesia whichhas been running sharia, ranging from Islamic Banking, Islamic financial institutions,mortgage sharia, sharia, and others.One financial institution that runs in accordance with Islamic sharia is the Baitul Maal WatTamwil (BMT), the equivalent of Baitul Maal Wat Tamwil he said is composed of two terms,namely the Baitul Maal Zakat means accepting deposit funds, infaq and Sadaqah andoptimize its distribution in accordance with regulations and amanahnya, while the BaitulTamwil means conducting productive development efforts and investments in improving theeconomic quality of micro and small entrepreneurs, especially by encouraging savingactivities and financing activities to support its economy.Today has been spread over 3,000 BMT across the archipelago, has an asset (consolidation)of more than Rp. 1 Trillion, the managers of more than 30,000 people, nearly half of the S-1and women. BMT serve more than two million savers, and make loans on more than 1.5million micro and small entrepreneurs. Proved that BMT can develop based on self-founderof the initiators of the local community itself, with the initial capital that is not so large thanthe established BPR (BPR). BMT aghnia and collect funds from their excess in localcommunities and provide loan financing to micro-entrepreneurs in the village itself. BMT isable to collect funds and provide financing to various levels of society, especially the poor,against a backdrop of political ideology and beliefs are different.Although BMT is not a financial institution the Bank may assume to have a goodmanagement both in marketing management, human resources, or financial management. Butit is proper BMT also perform actions that lead to that direction. The product of BMT is notmuch different from the Islamic banking, the only difference from the scale-financed, theBMT is more focused on economic development sektror micro, small and mediumenterprises. BMT Director Bina Ihsanul Fikri, M Ridwan said in the face of competition withbanks and other financial institutions that enter into the micro sector has an advantage overBMT. "BMT had a closeness with their members, can sit and eat together, while if the bank Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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can not do that,"The basic principles are the principles on product BMT deposit or deposits (Al-Wadiah), theprinciple of profit sharing or profit sharing (Al-Mudharabah and Al-Musharaka) and theprinciple of Al-Murabaha. In Al-Murabaha principle place of a sale and purchase of goods atthe original price with the added advantage that the value agreed by both parties. The seller inthis case must tell the price of the product that he bought and determine a level of profit inaddition. Suppose someone takes credit for car purchases. In a conventional bank person willbe charged interest and are required to pay monthly installments for a certain time. In thebanking sector, the prevailing interest rates may change. In the Islamic system of banking orBMT, of course, such products are also available. But the shape is not a credit, but rather usesthe principle of buying and selling, which termed the Murabaha. In this case, the bank orIslamic BMT will buy cars that customers want first, then sell it back to the client. But, sinceIslamic banks or BMT bail first, so when it sells to its customers, it costs a bit moreexpensive, as the form of profits for banks or Islamic BMT. Because the form of sharia bankprofits or BMT has been agreed in the future, then the customer must pay installments thatare relatively more fixed.Net profit on a BMT can be influenced by several factors, such as how the quality of thefinancing provided by a BMT is. In this case also assessed how much the managementcapabilities of BMT to generate a profit. Management in improving the net profit can dodevelopment on their products.In one of the BMT BMT Mitras, murabaha financing is one of the products are much indemand by customers, due to several factors, some of them are not very complicated processand this funding is also to be excellent because it is the customers require specializedfinancing to meet the needs of for a good / asset.As presented by Adiwarman A Karim (2006:113) "Financing murabaha is buying and selling,ie the Shariah bank acting as seller and buyer clients as a selling price of the bank is thepurchase price from the supplier plus a certain percentage of profits for banks in Shariahaccording to agreement." Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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Based on data obtained from the BMT Mitras that murabaha financing provided during thefirst quarter of 2009 until the fourth quarter of 2010 are as follows: Year Quarter Financing murababah 2009 I Rp 280,628,409.80 II Rp 274,626,779.80 III Rp 956,683,769.79 IV Rp 1,085,779,779.10 2010 I Rp 1,113,806,006.63 II Rp 1,139,322,590.59 III Rp 1,310,381,903.01 IV Rp 1,245,179,881.93Based on the description above, the authors are interested to conduct research and prepareFinal Report to find out how the financing murabaha influence in increasing net income. Tothe authors take the title "The effect on Net Income Murabaha Financing Baitul MaalWat Tamwil (BMT) Mitra Cimahi".1.2 Limitations and Problems Identified1.3 1.2.1 Limitations Problems Given the breadth of aspects that may be associated with the title of the above problems, there should be restrictions on the issue.This is so the problem under study can be focused on the issue.The restriction of this problem are as follows:1. Authors calculate that only a limited amount of influence on accounting information system of financing murabaha.2. The authors use quantitative data in the form of secondary data from quarterly financial reports of 2009-2010 and conduct case studies in BMT Mitra located in Cimahi with the interview method to support the writing of this report.3. Financing Murabaha Murabaha margins as revenues will be compared with the net profit. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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1.2.2 Problem IdentificationThe identification of issues to be addressed in this Final Report are as follows:1. How much financing growth and net profit murabaha BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter 2010?2. How strong is the relationship between financing and net income murabaha BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter 2010?3. How does murabaha financing to increase net income in the BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter 2010?1.3 Purpose and Research Objectives1.3.1 Usability ResearchWith this study, the authors hope that the results obtained can be useful, among others: 1. For Authors To meet one of the conditions in diploma exams D3 majoring in accounting programs Polytechnic Pos Indonesia, as well as add insight and information about finance in the banking world. 2. For BMT As a contribution to the thinking of the input materials to assist in the establishment of policies in terms of providing murabaha financing to its customers as well as repair materials in the future. 3. For the Other Provide input for the parties who need to research more about the system of financing, so it can be used as reference material in researching objects and themes relating to Islamic Accounting.1.3.2 Research ObjectivesIn accordance with the problems described above, the author has the following objectives:1. To find out how much murabaha financing growth and net income in the BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter 2010.2. To find out how strong the relationship murabaha financing and net income of BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter 2010.3. To determine the effect of growth murabaha financing to increase net income in the BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter 2010. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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1.4 HypothesisThe hypothesis is accepted as a statement as true as it is. The hypothesis is also an estimate ora reference are formulated and accepted for a while that could explain the observed facts orconditions are observed, and used as a guide for subsequent research steps.From the above understanding, it can be said that the hypothesis is a logical statement whileapplying the facts and conditions observed are still weak, so the truth still needs to beverifiable.Through the theme of the chosen problem, the authors take the hypothesis as follows: "Allegedly murabaha financing affect net income increased BMT Mitra Cimahi" Statistically, to measure the effect of financing murabaha (X), against the net profit (Y) can be seen in the table below: Hypothesis Ho : ρ = 0 means no influence between Murabaha financing to increase net income BMT Mitra Cimahi Ha : ρ ≠ 0 means no effect Murabaha financing growth to increased net income BMT Mitra Cimahi1.5 Types of ResearchType of research in this study include research into the precise associative associative Causalresearch, ie research that describes the relationship is causal. So here are the independentvariables (variables that affect) and dependent (influenced).Researchers in developing research efforts use a case study method. The meaning of the casestudy by M. Nazir (2003:57): "the case study is research on the status of research subjectswith respect to a specific phase or typical of the whole personality." Objective case study is toprovide a detailed description of the background characteristics and the characters typical ofthe case, or the status of the individual, who then from the properties typical of the above will Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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be a matter of a general nature. In this case the authors did a case study to the institutionsconcerned, namely the Baitul Maal Wat Tamwil (BMT) Mitra Cimahi.1.6 Population and Sample Sugiyono (2009:61) expressed his opinion about the population as follows: "The population is composed of the generalization that the object / subject that has certain qualities and characteristics that are applied by researchers to learn and then drawn conclusions. Thus, the population is not just people but also objects and natural objects to another. The population is also not just the number that existed at the object / subject being studied, but include all the characteristics / properties owned by the subject / object ".According Sugiyono (2009:62) "The sample is part of the number and characteristics of thepopulation. When a large population, then researchers may not learn all there is in thepopulation, for example due to limited funds, manpower and time, then researchers may usesamples drawn from that population. "In accordance with this consideration in this study the authors took a sample of financialstatement data BMT Mitra quarter 2009 to fourth quarter of 2010.1.7 Sources of DataData used in this study were divided into two types, namely:1. Primary data Data is obtained directly by way of direct interviews with parties related to the research conducted. Primary data was generally in the form of qualitative data and used to prove the hypothesis that has been presented previously. Primary data was obtained by conducting research and questionnaires. In this case the authors did a case study directly to the object of research, namely the Head of Finance Baitul Maal Wat Tamwil (BMT) Mitras.2. Secondary data Is the data that has been further prepared and presented by both collectors or others in the company. Among the literature, historical records, and books relating to such data and reports or evidence that has been arranged in the data, published or unpublished. In this study, the authors use data sources of primary data, namely in the form of an Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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interview with an authorized executive officer or the officer in the accounting and finance officials at the BMT Mitras.In addition, researchers using secondary data from financial statements to support in this study. The financial statements are financial statements used in the first quarter 2009 to fourth quarter of 2010.1.8 Data Collection MethodsThe data collection carried out by using the methods of data collection as follows:1. Research Library (Library Research) This literature study aims to obtain secondary data. This research is on the books, adaptations, text book, as well as other materials related to the problem to be investigated in order to obtain theoretical data which is useful as a basis for comparison as well as supporters in the discussion of this Final Report.2. Study Documentation Data for this study was obtained from secondary sources and how the documentation is conducting a review of documents related to research, namely the balance sheet and income statement BMT.3. Unstructured Interviews That is, researchers ask directly the things and information to support research (company documents related to the problem under study) to employees Baitul Maal Wat Tamwil (BMT) Mitras who understand the research object, namely the head of finance.1.9 Technical Analysis To determine the effect of financing murabaha to net income, the data was then analyzed by calculating the-datum datum expressed qualitatively and quantitatively to interpret the results of the calculations and answer the problems that duteliti and draw conclusions from the data processing Qualitative Analysis To determine the effect of financing murabaha to net income in this regard particularly to the net profit, the data in the can then be analyzed by calculating the-datum datum expressed qualitatively and quantitatively to interpret the results of the calculations and answer the issues, and draw conclusions from the data processing. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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Quantitative Analysis According to Husein Umar (2003:55), "more quantitative study based on data that can be calculated, to produce a solid quantitative assessment. quantitative information in the field of accounting may be used, for example, applying the use of funds from a business activity. ". Related to the nature of this study is to describe in descriptive and hypothesis testing, the data have been processed are presented in the form of frequency tables and use the analytic statistics for subsequent further analysis. Correlation Analysis Correlation analysis is used to determine the effect of growth on net income murabaha financing. To test the hypothesis that this correlation arises: "Financing murabaha will affect the increase in net income in the BMT Mitra Cimahi" As for how to calculate the Pearson product moment correlations are as follows:Where: r = degree of relationship x = variable Murabaha financing (independent) y = Variable earningsCan also by the following formula: =Simple Regression AnalysisThe author uses a simple regression analysis to determine the effect of growth on netincome murabaha financing. Simple linear regression based on thefunctional or causal relationship ofindependent variables with one dependentvariable to determine the value of a simple regression equation was examined from bothvariables, we use a simple regression formula as follows. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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Y a bX ( Y )( X 2 ) ( X )( XY ) a n( X 2 ) ( X ) 2 n( XY ) ( X )( Y ) b n( X 2 ) ( X ) 2Y = the subject in the dependent variable predicteda = value of Y, if X = 0 (constant prices)b = regression coefficientX = Subject to the independent variables that have a particular valuen = Number of pairs of dataTo determine the magnitude of the influence of the variable x to variable y, thenthe calculated coefficient of determination is asfollows:Where: Kd = how much influence the variable X to variable Yr2 = correlation coefficient Kd = r2 x 100 %Testing the hypothesisT test statistic used to look at the relationship or influence between theindividual independent variables on the dependent variable. r n 2 t 1 r2 According to the decision of the hypothesis by comparing the value tcount value t tables.1. If the value t count> t table value, then the null hypothesis (Ho) is rejected Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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2. If the value of t calculated <t table value, then the null hypothesis(Ho) acceptedTo make the decision whether or not the hypothesis is proven, then the price of tcount is compared with the t table, to see the price oftable t, then based on (dk) degreesof freedom that magnitude is n-2with an error level (α) set 0.05 (5%).1.10 Murabaha Financing Growth and Net Income Mitras BMT Murabaha Financing Growth Financing murabaha conducted Baitul Maal Wat Tamwil (BMT)Mitras are intended to channel funds from a third party entrusted to the public. The practice of financing is the same as buying and selling system in general, that the seller sells the goods to the buyerby taking advantage of the excess value of the goods at cost price.Excess (profit margin) is expected to Baitul Maal Wat Tamwil (BMT)Mitras must be approved in advance by the BMT as a seller andcustomer financing as a buyer at the time of the contract. Theamount of financing Murabaha income margins seen from the Baitul Maal wat do Tamwil (BMT) Mitras and its growth period of the first quarter of 2009 until the fourth quarter of 2010 are as follows: Year Quarter Financing Murabaha Growth(%) 2009 I Rp 22,534,033.00 0.00 II Rp 45,105,903.00 50.04 III Rp 89,618,400.00 49.67 IV Rp 152,912,524.00 41.39 2010 I Rp 98,458,617.52 -55.31 II Rp 179,299,082.22 45.09 III Rp 271,023,124.71 0.34 IV Rp 337,605,012.07 0.20 Jumlah Rp 1,196,556,696.52 131.42 Rata-rata Rp 149,569,587.07 16.43 (Data source: Financial Statements BMT Mitra Cimahi,processed)From the table above, the BMT Mitra murabaha financing of theperiod of the first quarter of2009 - the fourth quarter of 2010showed an increase. fromalmost every period murabaha financinghas increased. Although there Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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are several periods of decline, but itonly occurs in one quarter, the first quarter of2010, while the restcontinued to rise.Can be concluded that the financing of murabaha performed eachperiod by BMT Mitras experienced growth in each period, except forthe first quarter period of 2010 and fourth quarter of2010.Growth in murabaha financing indicates the confidence of the public to borrow fundsto BMT. An increasing number of murabahafinancing in eachperiod also shows that BMT Mitras have soughtto continuously improve the distributionof funds collected by BMTfrom a third party by providing financing to customers in need offunds and in accordance with Islamic Sharia principles.To see more clearly the growth and decline BMT murabahafinancing Mitras for thequarterly period in 2009-2010 (8 quarters)can be seen from the chart below: 60.00 40.00 20.00 0.00 tingkat pembiayaan -20.00 murabahah -40.00 -60.00 -80.00Net Profit GrowthProfit is the difference between revenues and all costs / expensesincurred. Mitras In BMT, the net profit obtained from the income earned and lessthe expenses and costs incurred during the operational activities take place in a period. To seethe development of Net Income to Mitras BMT can be seen from the following table: Year Quarter Net Profit Growth (%) 2009 I Rp 15,456,607.27 0 II Rp 20,782,195.89 34.46 III Rp 27,456,512.75 32.12 IV Rp 43,423,502.91 58.15 2010 I Rp 17,353,777.05 -60.04 Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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II Rp 26,321,457.66 51.68 III Rp 30,787,632.27 16.97 IV Rp 46,736,643.03 51.80 Jumlah Rp 228,318,328.83 185.14 Rata-rata Rp 28,539,791.10 23.14 (Data source: Financial Statements BMT Mitra Cimahi,processed)Based on the above table, can be mentioned that the total profits derived BMT Mitra, theperiod of the first quarter of 2009 until the period of the fourth quarter of 2010 continued toincrease, so that until the fourth quarter of 2010 net profit reachedRp228,318,328.83 BMT Mitras. The highest increase occurred inthe fourth quarter of2009 period, amounting to 58.15%, while thelargest declines occurred during the firstquarter of 2010, amounting to 60.04%. The average profit BMT Mitra of the period firstquarter 2009 to fourth quarter of 2010 amountedto Rp28,539,791.10. although total profits have continued to rise, but atthat period thepercentage of profit ensued. This indicates that in running its operations BMT Mitras arealways faced with variouschallenges primarily as a result of external factors (economicconditions) which continues to change and not always predictable.To see more clearly the growth and decline in net profit in BMTMitras for thequarterly period in 2009-2010 (8 quarters) can be seen from the chart below: 80 60 40 20 0 Laba Bersih -20 -40 -60 -801.11 Murabaha Financing Relationship and Effect on Net IncomeAnalysis of the effect on net income murabaha financing was to determine whetherthe provision of financing muarabahahconducted by BMT Mitra or no effect on netprofit, here the author will use the correlation coefficient, simple regression, andcoefficient ofdetermination, and hypothesis testing.The data will be presented from Financing Statements murabahaand net income Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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by using SPSS version 17.00, therefore tostrengthen the resultsof quantitative analysis, in this sectionregarding the effect on netincome murabaha financing by usingquantitative analysis. So to findout whether BMT Mitrasmanaged efficiently and effectively inobtaining financing murabahanet income tested against dataobtained from murabaha financingstatements with the income period of the first quarter of2009 until the fourth quarter of 2010.Correlation analysisIn determining the correlation value, the processing of researchdatausing stastistik program SPSS (Statistical Product andServiceSolution) version 17.00. The correlation between the level offinancing murabaha netprofit at BMT Mitras can be seen in table4.5 below: Model Summary Adjusted R Std. Error of Model R R Square Square the Estimate 1 .771a .594 .526 7.8899390E6 a. Predictors: (Constant), pembiayaan murabahah Based on calculations SPSS 17:00 version can be seen that the correlation betweenmurabaha Financing (X) and net income (Y) is equal to 0.771. This figure can be seen in theR column, with the number R of 0.771 indicates that the presence of a strong relationshipbetween the level of financing murabaha (X) and net income (Y). This is evidenced by thesize used to interpret the strength of the correlation, if 0.60 <r <0.799, it means that a strongrelationship.Simple Linear Regression AnalysisThe value of regression that occurs between financing murabaha (X) and net income (Y)BMT Mitras can be seen in table regression table below: Coefficientsa Standardize Unstandardized d Coefficients Coefficients Collinearity StatisticsModel B Std. Error Beta t Sig. Tolerance VIF Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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1 (Constant) 1.649E7 4930415.804 3.345 .016 pembiayaan .081 .027 .771 2.964 .025 1.000 1.000 murabahaha. Dependent Variable: laba bersih Based on SPSS version 17 above, then the column UnstandardizedCoefficient columnB, can be seen a constantvalue of16,491,297.21, the regression coefficient of 0.081 murabahafinancing rates. Regression equation so as it can be seen between the change in financing murabaha (X) with netincome (Y) are asfollows: Y = a + bX Y:: net income X:: Financing murabaha a:: Constant (constant prices) b: regression coefficient Based on the regression equation above, it can be interpreted asfollows: 1. Constants of 16,491,297.21 can be interpreted that althoughmurabaha financing amounted to Rp. 0, there are still otherfinancing- financing which could affect net income. 2. Variable regression coefficient of 0.081 change in net income.Can be interpreted if murabaha financing has increased the value ofRp1, then net income would have increased to Rp. 0.081. The coefficient is positive it means going positive relationship betweenmurabaha financing with net income, this means the higher theprovision of financing murabaha the net profit earned will be higher.Coefficient of DeterminationThe value of determination between murabaha financing to net income in the BMT Mitrascan be seen in the table below: Model Summary Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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Adjusted R Std. Error of Model R R Square Square the Estimate 1 .771a .594 .526 7.8899390E6 a. Predictors: (Constant), pembiayaan murabahahBased on SPSS v 17:00 calculations obtained figures on the columnR2 (R Square) of 0.594 orequivalent to 59.4%. This shows that thepercentage contribution of the influenceof independent variables(murabaha financing) against the dependent variable (net income)of59.4%. While the rest of 40.6% influenced by other factors not examined in this study.Hypothesis TestingTo test the above hypothesis, in this study using the t test. This hypothesis testequipment used to perform significance testing of correlation exists. T test used todetermine whether the independent variable (X) partially significant effect on the dependentvariable (Y).The acceptance and rejection of the hypothesis testing using the t test are:1. Ho is rejected, Ha received: if-t table >-t count or t count> t table2. Ho accepted, Ha rejected: if-t table <-t count or t count <t tableIn testing the value of t, the processing of researchdata using SPSSstastistik program (Statistical Product andService Solution) version17.00. Testing the value of t between murabaha financing to netincome in the BMT Mitras can be seen in table 4.8 below: Coefficientsa Standardiz ed Unstandardized Coefficien Collinearity Coefficients ts Statistics TolerancModel B Std. Error Beta t Sig. e VIF1 (Constant) 1.649E 4930415.8 3.345 .016 7 04 pembiayaan .081 .027 .771 2.964 .025 1.000 1.000 murabahah Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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Coefficientsa Standardiz ed Unstandardized Coefficien Collinearity Coefficients ts Statistics TolerancModel B Std. Error Beta t Sig. e VIF1 (Constant) 1.649E 4930415.8 3.345 .016 7 04 pembiayaan .081 .027 .771 2.964 .025 1.000 1.000 murabahaha. Dependent Variable: Net Profit Based on the above table is the result of calculation can be known SPSS v 17:00thitung for murabaha financing variable is equal to 2.964 with degrees of freedom for 6 (n-2is 8-2), with two-sided test where the significance level of 5% is obtained for 2.447TTable(table attached in Appendix I). So tcount greater than TTable (2.964> 2.447). Because TTable <t count then Ho is rejected and Ha accepted. This means that there is significant influencebetween murabaha financing to net income in the BMT Mitra. Daerah Penerimaan H0 Daerah Penerimaan Ha Daerah Penerimaan Ha -2,964 t a/2 =- 2,447 0 t a/2 = 2,447 2,964 The curve above shows that Ho refused and Ha is received,because the valueof t (2.964) is greater than the value t table (2.447) so that the fall in the reception area ofHa. Thus, the hypothesis which states "There is the influenceof Murabaha financing to increase net income BMT Mitra Cimahi" accepted, this meansthat there isinfluence between murabaha financing to net income in the BMTMitra Cimahi.1.11 Results AnalysisMurabaha financing that occurred in each quarterly BMT Cimahi Mitras has considerablechanges fluctuated but has a tendency to rise. It can be seen in figure 4.3 which shows the Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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growth charts murabaha financing, based on the chart, the highest funding occurred duringthe second quarter of 2009 amounting to 50.04%, but when seen from the nominal amount offunding, the highest value murabaha financing that occurred in the BMT Mitras Cimahioccurred in the fourth quarter of 2010, amounting to Rp.337,605,012.07. And BMT Mitrascontinues to make efforts in order to increase its financing murabaha is undertaking variousefforts to further develop the financing.Murabaha financing conducted by BMT Mitras Cimahi each quarterly experiencingcontinued experiencing a change. This caused the fluctuations in the distribution of fundsconducted by BMT Mitra Cimahi, this can be influenced by ketresediaan funds owned by theBMT itself, nor the rate of increase and decrease in demand for financing from thecustomer. As seen in Table 4.3 on murabaha financing growth, there was obvious that inevery quarter there is no funding in the amount equal value. This affects the level of net profitin the BMT Mitras, together with the growth rate muarabahah financing, net profit at BMTMitras also have ups and downs. In table 4.4 the development of net profit is lowest in theperiod of the first quarter of 2010 reached 60.04% decline, while the highest increase in theperiod of the fourth quarter of 2009 net profit growth of 58.15%. While in nominal terms, thehighest income gains occurred during the fourth quarter of 2010, amounting to Rp46,736,643.03. And profitability terndah occurred during the first quarter of 2009, which isonly Rp 15,456,607.27. It is apparent that net profit in the BMT is influenced by besanyaMitras murabaha financing undertaken. Large net profit in itself is influenced by otherfinancing undertaken by BMT Mitra Cimahi, but on a graph showing the growth of murabahafinancing and net profit growth of BMT Mitras, it is clear the influence between murabahafinancing of net profit.Seen from the graph between growth murabaha financing and net profit growth, is betweenthe two are not obvious similarity between the rise and fall. But seen from the magnitude offinancing murabaha nilan between net profit and value, it was obvious similarities, whetherviewed from the rise or fall. Equally decline occurred during the first quarter of 2010. In eachyear per quarter between murabaha financing and profit both increased.Stastistik Based on the analysis performed using SPSS (Statistic Product and ServiceSolution) 17:00 version obtained the correlation between the level of financing murabahawith profits amounting to 0.771. This suggests a strong relationship between variables and Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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variable financing murabaha net profit, because its value was in the range 0.60 <r<0.799. Means of financing murabaha have a strong relationship with net profit in BMTMitra Cimahi.To find out how they affect the financing murabaha profits have increased BMT MitraCimahi then used simple linear regression analysis. Based on the data processing using SPSSversion 17:00 regression equation obtained between murabaha financing with net income ofBMT Mitras is Y = 16491297.21 + 0.081 X. Based on the known equation of the regressioncoefficients showed a positive net profit of 0.081. It indicates if the financing murabahaincreased by 1% then the rate of net profit will increase by 0.081%.Positive coefficient meansthere is a positive relationship between murabaha financing with net income of BMT MitraCimahi in other words, if the financing is to increase the net income murabaha BMT CimahiMitras will have a tendency to increase as well.Based on the results of analytical calculations of determination (KD) value determination ofchanges in working capital turnover figures showed 59.4%. In other words, the contributionof changes in the financing of the net profit murabaha BMT Cimahi Mitras for 59.4%. Thisshows there are still other factors that affect net profit for BMT Mitras Cimahi 40.6% is notexamined in this study. By comparing the calculated t table statistic by t count where t count formurabaha financing variable is equal to 2.964 with degrees of freedom for 6 (n-2 is 8-2), withtwo-sided test where the significance level of 5% is obtained TTable of 2.447. So we get the tcount >t table is 2.964> 2.447, which means Ha Ho accepted and rejected so that the partialbetween murabaha financing and net profit in BMT Mitra Cimahi significant relationshipexists.Thus it can be said that the financing murabaha potentially affect net profit BMT MitraCimahi. While the contribution provided financing murabaha against net profit amounted to59.4%.Increased funding should be coupled with increased murabaha netprofit. Inefficiencies in the provision of financing murabaha in an increase in net profit netprofit would lead to the acquisition plan did not achieve a predetermined profit1.13 ConclusionBased on the results of research and discussion by the author on the Baitul Maal wat Tamwil Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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(BMT) Mitras murabaha Cimahi regarding the effect of financing on the net profit, the authorcan take kesimbulan as follows:1. Murabaha financing conducted by BMT Mitra Cimahi in the period first quarter 2009 to fourth quarter of 2010 has a tendency to rise despite decline in a given month. Decrease in the highest level seen murabaha financing from revenue margin occurred during the first quarter of 2010, amounting to 55.31%. Murabaha financing was highest in the period of the fourth quarter of 2010 with funding amounting to Rp 337,605,012.07, while for the lowest financing occurred during the first quarter of 2009 amounted to Rp 22,534,033.00 and the amount of financing murabaha occurring during 2009-2010 amounted to Rp1, 196,556,696.52.2. Net profit for the year 2009-2010 is Rp. 228,318,328.83, where in 2009 I quarter period until the fourth quarter of 2010, net profit BMT Mitras tend to increase, albeit at trwulan I period in 2010 decreased the rate of profit of 60.04% . Obtaining the highest profit in the period fourth quarter of 2010 amounting to Rp 46,736,643.03, and the lowest profitability occurred during the first quarter of 2009 amounting to Rp 15,456,607.27.3. Financing murabaha potentially related to net profit in BMT Mitra Cimahi. This is attested by the results of simple regression analysis is Y = 16491297.21 + 0.081 X. The relationship between murabaha financing with net profit is strong, it dbuktikan with the results of correlation analysis is 0.771. While the contribution provided financing murabaha against net profit amounted to 59.4% the rest is influenced by other factors. In the hypothesis test results obtained t count> t table is 2964> 2.447, which means Ha Ho accepted and rejected so that the financing and net profit murabaha BMT Mitra Cimahi significant relationship exists. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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BIBLIOGRAPHYAntonio, Muhammad Syafi’i. 2007. Bank Syariah Dari Teori Ke Praktek. Jakarta: Gema Insani.Ascarya. 2007. Akad dan Produk Bank Syariah. Jakarta; Rajawali Pers.Azis, Iman. 2006. Tata Cara Pendirian BMT. Jakarta: Pusat Komunikasi Ekonomi Syariah (pkes publishing)Departemen Agama RI. 1984. Al-Qur’an dan terjemahnya. Jakarta: Departemen Agama Republik Indonesia.Harahap, Sofyan Syafri. 2002. Teori akuntansi Laporan Keuangan. Jakarta: Bumi Aksara.Karim, Adiwarman. 2006. Bank Islam Analisis Fiqih dan Keuangan. Jakarta: IIIT Indonesia.Muhammad. 2005. Manajemen Pembiayaan Bank Syariah. Yogyakarta: Akademi Manajemen Perusahaan YKPN.Peraturan Pemerintah. 2008. UU No 21 Tahun 2008 tentang Perbankan Syariah. . 1992. UU No. 10 tahun 1998 tentang Perbankan.Sugiono. 2004. Metode Penelitian Bisnis. Bandung: CV Alfabeta. . 2009. Statistika untuk Penelitian. Bandung: Alfabeta.Supangat, Andi. 2007. Statistika Untuk Ekonomi dan Bisnis. Bandung: Pustaka.Ummam, Khaerul.2009. Produk-produk Baitul Maal Watamwil (online), (http://suaramerdeka.cetak/membentuk BMT.htm, diakses tanggal 15 Oktober 2009)Warren , dkk. 2005. Accounting Pengantar Akuntansi.Jakarta: Salemba Empat. Umi Rahmawati | Influence on the Murabaha Financing Net Profit
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