The Effect of Islamic Social Reporting on Performance of Maqashid Sharia
- DOI
- 10.2991/978-2-494069-49-7_72How to use a DOI?
- Keywords
- Islamic Social Reporting; Performance of Maqashid Sharia; Islamic Bank
- Abstract
The purpose of this study is to investigate and assess the impact of Islamic Social Reporting (ISR) on the performance of Maqashid Sharia ini Islamic Banks in Indonesia and Malaysia. ISR is used to assess Islamic banks’ social responsibility, whereas the Maqashid Sharia Index (MSI) indicator with the Abu Zahrah approach is used to assess their financial performance. The target audience for this study is Islamic banks operating across Indonesia and Malaysia from 2016 to 2020. Then, using the purposive sampling method, a sample of 21 Islamic banks was obtained. Simple linear regression analysis and statistical t tests are used to test hypotheses. The findings revealed that Islamic Social Reporting had a beneficial impact on Maqashid Sharia performance. Another finding is that when comparing the Maqashid Sharia performance of Islamic banks in Indonesia and Malaysia, the average value of the Maqashid Sharia Index in Indonesian Islamic banks is greater than in Malaysian Islamic banks.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Farida AU - Gita Dwi Cahyani AU - Pranita Siska Utami AU - Ravindra Ardiana Darmadi PY - 2022 DA - 2022/12/29 TI - The Effect of Islamic Social Reporting on Performance of Maqashid Sharia BT - Proceedings of the 3rd Borobudur International Symposium on Humanities and Social Science 2021 (BIS-HSS 2021) PB - Atlantis Press SP - 431 EP - 436 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-494069-49-7_72 DO - 10.2991/978-2-494069-49-7_72 ID - 2022 ER -