How did Islamic banks do during the pandemic?

This paper aims to compare the performance between Islamic banks and conventional banks during the COVID-19 pandemic. The performance of both banking system is measured using four ratios: CAR, ROA, NPF/NPL, FDR/LDR, taken from the Financial Services Authority from May 2019 to August 2020. This paper uses descriptive analysis and independent t-test analysis. The results show that there are significant differences in bank health between conventional banks and Islamic banks. In a pandemic condition, CAR, ROA, FDR/LDR ratios in conventional banks are healthier, while in Islamic banks, the NPF/NPL ratios are healthier