Proceedings of the 3rd Borobudur International Symposium on Humanities and Social Science 2021 (BIS-HSS 2021)

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The Effect of Islamic Social Reporting on Performance of Maqashid Sharia

Authors
Farida1, *, Gita Dwi Cahyani1, Pranita Siska Utami2, Ravindra Ardiana Darmadi2
1Department of Accounting, Universitas Muhammadiyah Magelang, 56122, Indonesia
2Department of Management, Universitas Muhammadiyah Magelang, 56122, Indonesia
*Corresponding author. Email: farida_feb@unimma.ac.id
Corresponding Author
Farida
Available Online 29 December 2022.
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.

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Volume Title
Proceedings of the 3rd Borobudur International Symposium on Humanities and Social Science 2021 (BIS-HSS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 December 2022
ISBN
10.2991/978-2-494069-49-7_72
ISSN
2352-5398
DOI
10.2991/978-2-494069-49-7_72How to use a DOI?
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

risenwbib
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  -