%0 Journal Article
%@ ISSN 2326-0297
%A Darmawan, -
%A Sugito, -
%D 2026
%F digilib:78333
%I Macrothink Institute.
%J Business and Management Horizons
%K Islamic banking, equity-based financing, Mudarabah, Musharakah, meta-analysis
%N 1
%P 39-54
%T Determinants and Outcomes of Equity-Based Financing in Islamic Banking A Multi-Level Meta-Analytic Structural Equation Model
%U https://digilib.uin-suka.ac.id/id/eprint/78333/
%V 14
%X This paper is a consolidation of studies on equity-based financing (EBF) in Islamic banking   with a focus on analyzing some underlying reasons why EBF is still rarely implemented   despite its good theoretical support. The analysis is done using Meta-Analytic Structural   Equation Modelling (MASEM) on 29 empirical studies. The results show that trust and strong   Shariah governance are the significant factors for the adoption of EBF, while risk perceptions   and high monitoring costs are the barriers for its adoption. Your practical significance seems to   be revealed in two more finding that EBF has positive impact on customer satisfaction and   bank performance. Concerns about trust arise in how these financing methods apply in various   settings, depending on factors like religiosity and the strength or type of regulatory frameworks.   Governance and regulatory frameworks could be the key to making theoretical promises a   reality in Islamic Finance (IF), findings from a wide-ranging study by the Institute for   International Finance suggest.