Riset Akuntansi dan Keuangan Indonesia
Vol. 11 No. 2 (2026): Riset Akuntansi dan Keuangan Indonesia

Assessing Islamic Bank Health and Its Impact on the Green Economy: A Maqasid Sharia Approach in Indonesian Islamic Commercial Banks

Mukti Prasaja (Politeknik Negeri Madiun)
Ulfa Rahmawati (Politeknik Negeri Madiun)
Aan Nurrohman (Politeknik Negeri Madiun)
Hawin Alaina (Politeknik Negeri Madiun)



Article Info

Publish Date
30 Sep 2026

Abstract

This study aims to analyze the impact of Islamic bank health assessments on the green economy through a Maqasid Sharia approach. The method employed is a quantitative approach, with the population comprising Islamic Commercial Banks (BUS) in Indonesia from 2020 to 2024. Furthermore, sample selection was conducted using purposive sampling. The data analysis technique utilizes panel data regression to simultaneously analyze cross-company and time-series data variations. The dependent variable, green economy, is measured using Maqasid Sharia, then the independent variable, Islamic bank health, is divided into two elements: the financial aspect—with indicators comprising risk, governance, earnings, and capital—and the Sharia concept aspect, indicated by Sharia investment and profit-sharing income. The results of the study show that the variables of Good Corporate Governance, Capital, and Sharia Compliance have a significant impact on the green economy. Meanwhile, the risk profile and earnings variables show no effect. Additionally, the moderating variable SEOJK No. 16 of 2021 does not provide any significant effect in strengthening or weakening the relationship between the variables.

Copyrights © 2026






Journal Info

Abbrev

reaksi

Publisher

Subject

Economics, Econometrics & Finance

Description

Research in Accounting and Finance Indonesia focusing on various themes, topics, and the accounting and financial aspects, including (but not limited) to the following topics: Public sector accounting Management accounting Islamic accounting Financial management Auditing Corporate Governance ...