The Impact Analysis of Islamic Social Reporting Indexs on the Profitability Bank Syariah Indonesia
DOI:
https://doi.org/10.30651/jms.v8i3.20744Abstract
The objective of this study is to examine the impact of Islamic Social Reporting (ISR) on the profitability of Bank Syariah Indonesia during the period of 2021-2022. Islamic Social Reporting is a manifestation of corporate responsibility towards the environment as a social concern, while adhering to Sharia principles and being answerable to Allah SWT. It aims to enhance transparency in business activities without disregarding the company's capabilities. Banking firms have traditionally relied on the Global Reporting Initiative Index (GRI) for their CSR reporting. The utilisation of the Islamic Social Reporting Index (ISR) is recommended for disclosing social performance in Sharia banking. The Islamic Social Reporting index encompasses five topics for disclosure: Finance and Investment, Products and Services, Labour, Social, Environment, and Organisational Governance. This study utilises secondary data extracted from quarterly reports available on the official website of the bank for the period of 2021-2022. The research focuses on Bank Syariah Indonesia (BSI) as its subject of study. The data processing results indicate that Islamic Social Reporting has a simultaneous impact on the profitability value. Only three parameters, labour (0.13375), social influence (0.8955), and environmental influence (0.18899), have a considerable impact on the profitability value.
Downloads
Published
How to Cite
Issue
Section
License
The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah and Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya as publisher of the journal.
Copyright encompasses exclusive rights to reproduce and deliver the article in all form and media, including reprints, photographs, microfilms and any other similar reproductions, as well as translations. The reproduction of any part of this journal, its storage in databases and its transmission by any form or media, such as electronic, electrostatic and mechanical copies, photocopies, recordings, magnetic media, etc., will be allowed only with a written permission from Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah and Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya.
Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya, the Editors and the Advisory Editorial Board make every effort to ensure that no wrong or misleading data, opinions or statements be published in the journal. In any way, the contents of the articles and advertisements published in the Tadarus are sole and exclusive responsibility of their respective authors and advertisers.
Rights of Authors
The Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah And Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya recognize the retention of the following:
- Patent and trademark rights and rights to any process or procedure described in the article.
- The right to photocopy or make single electronic copies of the article for their own personal use, including for their own classroom use, or for the personal use of colleagues, provided the copies are not offered for sale and are not distributed in a systematic way outside of their employing institution (e.g. via an e-mail list or public file server). Posting of an article on a secure network (not accessible to the public) within the author institution is permitted.
- The right, subsequent to publication, to use the article or any part thereof free of charge in a printed compilation of works of their own, such as collected writings or lecture notes.
