https://ejournal.uinmadura.ac.id/index.php/shafin <div style="text-align: justify;"> <p>Shafin: Sharia Finance and Accounting Journal (E-ISSN <a href="https://issn.brin.go.id/terbit/detail/20210422171418004" target="_blank" rel="noopener">2797-3484</a>) published by the Faculty of Economics and Islamic Business of State Islamic Institute of Madura (IAIN Madura). Shafin is published twice a year in Maret and November, the contents are academic writings on Economics and Islamic Banking in forms of conceptual ideas, literature review, practical writing, or research results from various perspectives.</p> </div> Institut Agama Islam Negeri (IAIN) Madura en-US Shafin: Sharia Finance and Accounting Journal 2797-5320 <p><span>The journal operates an Open Access policy under a Creative Commons Non-Commercial Share-Alike license. All articles published Open Access will be immediately and permanently free for everyone to read and download.</span></p><p><span>• Creative Commons Attribution-NonCommercial (CC-BY-NC)</span></p><span><a href="http://creativecommons.org/licenses/by-nc/4.0/" rel="license"><img src="https://i.creativecommons.org/l/by-nc/4.0/88x31.png" alt="Creative Commons License" /></a></span><br /><span>Shafin: Finance and Sharia Accounting Journal by <a href="/index.php/iqtishadia" rel="cc:attributionURL">http://http://ejournal.iainmadura.ac.id/index.php/shafin</a> is licensed under a <a href="http://creativecommons.org/licenses/by-nc/4.0/" rel="license">Creative Commons Attribution-NonCommercial 4.0 International License</a>.</span><br /><span>Based on a work at <a href="http://ejournal.stainpamekasan.ac.id." rel="dct:source">http://ejournal.iainmadura.ac.id.</a></span> https://ejournal.uinmadura.ac.id/index.php/shafin/article/view/24304 <p>The development of Islamic banking worldwide has not been accompanied by evenly distributed profitability levels among banks across different regions. This condition indicates that internal factors within Islamic banks contribute to the differences in financial performance. This study examines profitability dynamics in Islamic banking by focusing on liquidity conditions, financing risk, and technological factors. The analysis draws on bank-level observations from 34 Islamic banks selected from 52 institutions affiliated with the Islamic Financial Services Board over the 2020–2024 period, forming a balanced panel dataset. Empirical panel data analysis indicates that liquidity indicators, including the FDR, Quick Ratio, and Cash Ratio, are closely associated with profitability. Financing risk also emerges as a significant factor, whereas technological factors do not show a statistically meaningful effect on profitability during the observed period. Considering all the findings as a whole, effective risk control procedures and appropriate liquidity strategies have a significant impact on the ability of Islamic banks to achieve long-term profitability globally.</p> Violinda Syahgaria Firdaus Guntur Kusuma Wardana Copyright (c) 2026 Shafin: Sharia Finance and Accounting Journal 2026-05-26 2026-05-26 6 1 1 16 10.19105/sfj.v6i1.24304