Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
P-Index
This Author published in this journals
All Journal Sebelas Maret Business Review Muslim Business and Economic Review
Muhammad Irsyad
Universitas Gadjah Mada
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
ESG on Stability and Bank Performance: The Moderating Role of Diversity and Inclusion in OIC Countries Muhammad Irsyad; Fauziah Chairiyati
Muslim Business and Economics Review Vol. 4 No. 2 (2025)
Publisher : Universitas Islam Internasional Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56529/mber.v4i2.530

Abstract

This study analyses the impact of environmental, social and governance (ESG) performance on the stability and performance of Islamic banks, considering the moderating role of diversity and inclusion. Using panel data from 60 Islamic banks in 11 Organisation of Islamic Cooperation (OIC) countries during the period 2014-2023, the research finds that ESG performance positively affects the stability and performance of Islamic banks, confirming the role of sustainability in enhancing the financial resilience of the Islamic banking sector. However, this study also finds that diversity and inclusion weakens the positive impact of ESG performance on the stability and performance of Islamic banks. Additional analysis shows that these results are consistent only in the environmental and social pillars. These findings highlight the importance of managing diversity and inclusion to enhance ESG implementation in Islamic banks. Poorly managed diversity and inclusion efforts may weaken ESG effectiveness, hindering performance and stability. For stakeholders, including investors and regulators, fostering inclusion is essential to support sustainability and long-term stability.
How Islamic commercial banks in Indonesia contributing to achieving SDGs-8: Decent work and economic growth? Fauziah Chairiyati; Evania Herindar; Muhammad Irsyad
Sebelas Maret Business Review Vol 9, No 2 (2024): December 2024
Publisher : Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/smbr.v9i2.86849

Abstract

The aim is to improve overall well-being and alleviate poverty by achieving the Sustainable Development Goals (SDGs), which are rooted in universal human values and essential rights. In Indonesia, the focus remains on indices of economic sustainability, particularly decent work and economic growth. This study examines the role of Islamic Commercial Banks in Indonesia in achieving SDG-8: Decent Work and Economic Growth from 2016 to 2020. SEM PLS Analysis analyzes Financing, ROA, NPF, and CSR variables to assess their impact on SDG-8 indicators like unemployment, poverty, HDI, and GDP rate. The findings show that while Financing and CSR variables didn't significantly influence SDG-8, the ROA and NPF variables did. A potential reason is that most financing was used for consumption, and CSR programs were only partially aligned with SDG targets. ROA's significance might be due to the correlation between SDGs disclosure and profitability, while NPF's significance might stem from banks promoting sustainable development. The study recommends further attention from practitioners, academics, and regulators.
Co-Authors Evania Herindar Fauziah Chairiyati Fauziah Chairiyati