iarjbmIARJBMIARJBM2708-514710.47310/iarjbm.2020.v01i02.021Comparative Analysis of Models Altman and Zmijewski Financial Distress Prediction in the Indonesian Sharia Banking SectorSurdiyonoSuhartoHaryIndratjahyoUniversitas Krisnadwipayana Campus Unkris Jatiwaringin PO BOX 7774/Jat CM Jakarta 13077, IndonesiaThis study aims at financial distress in Islamic Commercial Banks with the Altman model (Z-Score), predicting financial distress in Islamic Commercial Banks in Indonesia with the Zmijewski model (X-Score) and analyzing the comparison to predict financial distress in the Islamic banking sector in Indonesia using the Z-Score and X-Score models. The data used in this analysis are Islamic bank companies in 2018. The data were analyzed using the Z-Score and X-Score models. Based on data analysis using the Altman Z-Score analysis model, it is known that the number of Islamic banks in the gray zone is 2 or 16.67%, while in the distress zone, there are ten banks or 83.33%. The results of the X-Score analysis by Zmijewski's model showed that three companies did not experience distress or as much as 25.0%, and the remaining nine companies experienced distress or as much as 75.0%. The comparative analysis result shows that five banks have different analysis results or 41.67%, while 58.33% have the same analysis results. This difference is significant, so it can be said that the results of the bankruptcy analysis based on Altman's Z-Score and Zmijweski's X-Score differ significantly.