FINANCIAL PERFORMANCE OF SHARIA FINANCING BANK LINKAGE PROGRAMS AND NONLINKAGE PROGRAMS IN INDONESIA

Sharia Financing Bank is a form of sharia banking that acts as an intermediation institution for fund-raising funds from the excess funds to the parties who need funds. In the effort to achieve this goal, the regional Bank Pembiayaan Rakyat partnered with the program linkage. The study aims to determine the difference in financial performance of Sharia Financing Bank participants linkage programs and non linkage programs. (Non linkage Program). This Study uses quantitative methods by conducting descriptive statistical analyses and inferential statistics. The comparison of the performance of this study used the financial ratios assessment of Capital Adequacy ratio (CAR), Non Performing Financing (NPF), and Financing to Deposit ratio (FDR).The results showed that there was a Distinction in the financial performance seen from the financial ratios of Financing to Deposit ratio (FDR), Non Performing Financing (NPF), and Capital Adequacy ratio (CAR). This Review of financial performance impacts the effectiveness of the Sharia Financing Bank. Based on the analysis, the financial performance of Sharia Financing Bank. partnered with the program linkage is better than the nonlinkage program. This better performance shows that the purpose of joining the Syariah financing Bank in the linkage program has been running as intended. Through this study, it is known that positive cooperation can be one of the references for the development of Syartiah banking in Indonesia.