This research aims to find out the influence of financial performance measured using the Capital Adequacy Ratio variable, Financing to Deposit Ratio, Leverage, Bank Size, Loan to Asset Ratio and Return on Assets to the risk of sharia bank bankruptcy in Indonesia calculated using the Altman Z-Score method Modification. This study uses a quantitative approach with panel data regression analysis techniques. The results of this study show partially the variable Capital Adequacy Ratio, Financing to Deposit Ratio, Bank Size has a significant positive effect, the variable Loan to Asset Ratio Leverage has a significant negative effect, and Return on Asset has a positive and insignificant effect. Nevertheles the variable Capital Adequacy Ratio, Financing to Deposit Ratio, Leverage, Bank Size, Loan to Asset Ratio and Return on Asset have a significant effect on the value of Altman Z-Score as a measure of the risk of bankruptcy in Islamic commercial banks in Indonesia.

The Ministry of Public Works and Housing through General Directorate of Housing Financing (2016) estimated that housing demand by 2025 will reach more than 30 million units, so that this demand of new housing estimated will reach 1,2 million unit per year. This condition shows that the demand of houses is an important need for society. On the other hand, the amount of moslem in Indonesia per 2010, according to BPS, has reached 85%. Both of these conditions show that there is a demand of houses by applying Islamic values which one of them is by using istishna' financing scheme. But, the implementation of Islamic housing in Indonesia does not have standardized system yet in general, so that it causes some risks that need to find out. Therefore, this research is meant to find out the risk management of non-bank-house ownership financing by Sabrina Azzura.