How Islamic and conventional bank in Indonesia contributing sustainable development goals achievement

Ghoniyah, Nunung; Hartono, Sri

doi:10.1080/23322039.2020.1856458

Cited by 20 publications

(20 citation statements)

References 22 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…This is because Islamic banks operate not solely to earn profits but to enhance living standards (Ghoniyah and Hartono, 2019;Ghoniyah and Hartono, 2020). Therefore, the spiritual teachings of Islam do not support excessive exploitation to earn more profits to maximize people's welfare (Ghoniyah and Hartono, 2020). According to Maali et al (2006), Islamic banks are expected to discharge more CSR activities than other business entities because they emerged when Islamic financial transactions were not available, and therefore, people viewed them as merely charitable organizations.…”

Section: Compatibilitymentioning

confidence: 99%

“…Islamic banks can indirectly enhance social and environmental goals by investing in the social sector to improve the capacity to provide social goods (Ahmed et al , 2015). This is because Islamic banks operate not solely to earn profits but to enhance living standards (Ghoniyah and Hartono, 2019; Ghoniyah and Hartono, 2020). Therefore, the spiritual teachings of Islam do not support excessive exploitation to earn more profits to maximize people's welfare (Ghoniyah and Hartono, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Compatibility of the CSR practices of Islamic banks with the United Nations SDGs amidst COVID-19: a documentary evidence

Umar

Besar

Abduh

2022

IJOES

View full text Add to dashboard Cite

Purpose This study aims to establish whether the corporate social responsibilities (CSR) practices of Islamic banks are compatible with the sustainable development goals (SDGs) of the United Nations. Design/methodology/approach A documentary research method was applied by examining the annual reports of selected Islamic banks from Bangladesh, Indonesia, Pakistan, the UAE and Malaysia for 2020, which coincided with the COVID-19 pandemic. Findings The results indicate that Islamic banks discharged various CSR activities and contributed huge funds toward achieving the SDGs of the United Nations. Specifically, the banks prioritized the following CSR sectors: education, health, environmental protection and disaster relief and management. Besides, they provided support to micro and small businesses toward poverty alleviation. Research limitations/implications This study examined only CSR reports of the selected Islamic banks for 2020. Practical implications The findings have practical implications that may enable Islamic banks across the globe to improve their CSR initiatives, activities and reporting toward realizing the SDGs. They are also helpful to policymakers and regulators for the provisions of policies and regulations to motivate or mandate Islamic banks to effectively improve their CSR practices. Social implications CSR practices of Islamic banks can significantly support the SDGs toward mitigating many economic and social problems. Originality/value This study applied a relevant but rarely used method to explore the role of CSR practices of Islamic banks in achieving the SDGs.

show abstract

Section: Compatibilitymentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Compatibility of the CSR practices of Islamic banks with the United Nations SDGs amidst COVID-19: a documentary evidence

Umar

Besar

Abduh

2022

IJOES

View full text Add to dashboard Cite

show abstract

“…In addition, Kismawadi, 2023 [11] revealed that the variables of total assets and deposits of Islamic banking can encourage economic growth in Saudi Arabia, UAE, Kuwait, Malaysia, Qatar, Bahrain, and Bangladesh. Meanwhile, according to Ghoniyah & Hartono, 2020 [12] states that financing variables and long-term deposits have a significant effect on economic growth in Malaysia. However, it has no short-term effect on economic growth in Malaysia.…”

Section: Fig 1 Grdp Per Capita Of 33 Provinces In Indonesiamentioning

confidence: 99%

Does Islamic Banking Contribute to Increasing Public Welfare? Evidence from Indonesian Province Panel Data

Rezeki,

Limayyasa,

Mufti

et al. 2024

suhuf

View full text Add to dashboard Cite

One of the Sustinable Development Goals (SDGs) targets in Indonesia is to increase the level of public welfare that can be represented in GRDP per capita. Therefore, the purpose of this study is to determine whether Islamic banking through Islamic Commercial Banks (BUS), Islamic Business Units (UUS) and Sharia Rural Banks (BPRS) in 33 provinces in Indonesia, has contributed to GRDP per capita during the 2015-2022 period. GRDP per capita as a proxy indicator for the level of public welfare to encourage the achievement of the sustainable development goals (SDGs) target. This study uses panel data regression analysis because the data is time series and cross section. The size of the Islamic banking contribution uses Islamic Bank Office (IBO), Financing and Third-Party Funds (TPF) variables in 33 provinces in Indonesia. Meanwhile, the size of the welfare level of a region uses Gross Regional Domestic Product (GRDP) per capita data. The findings of this study show that the IBO, financing, and TPF variables simultaneously have a significant positive effect on GRDP. However, partially, the IBO variable has a significant negative effect on GRDP, the financing variable has a significant positive effect on GRDP, and the TPF variable has no effect on GRDP.

show abstract

“…Menurut Al Nasser & Muhammed (2013) Bank Syariah digambarkan sebagai perbankan yang didasarkan pada prinsip hukum Islam dan dituntun oleh Ekonomi Islam. Menurut Biyantoro dan Ghoniyah (2019) dalam Ghoniyah & Hartono (2020) Bank Syariah membuat tujuan dengan prinsip syariah sesuai dengan visi utama yaitu falah yang berarti kemenangan dunia dan akhirat yang berarti dalam kegiatan operasional tidak hanya berfokus kepada dunia namun akhirat juga. Menurut Ali (2013) bank syariah memiliki kegunaan dan peran yang tercatat di AAOIFI dijelaskan peran dan fungsi bank syariah salah satunya pelaksanaan fungsi sosial, konsep bank syariah mewajibkan BUS memberikan pelayanan sosial melalui dana Qard (pinjaman kebajikan) atau zakat dan dana sumbangan sesuai dengan prinsip syariah.…”

Section: Bank Syariahunclassified

Analisis Pengaruh Kinerja Keuangan terhadap Pengeluaran Dana Zakat Perusahaan pada Bank Umum Syariah

Fitria

Danisworo

Miftahurrohman³

et al. 2022

J. Appl. Islam. Econ. Financ.

View full text Add to dashboard Cite

This study aims to analyze the effect of Return on Asset, Non-Performing Financing, Financing to Deposit Ratio, and Capital Adequacy Ratio on the expenditure of corporate zakat funds at Islamic Commercial Banks for the 2014-2020 period. The data used is secondary data, namely annual financial report data published on the official website of each bank which is collected through documentation techniques in the form of documents and other financial reports related to this research. The number of samples used in this study was six of 14 Islamic Commercial Banks. The sampling technique used the purposive sampling technique. The analytical method used is panel data regression analysis with Eviews version 9. The results of this study indicate that the ROA and FDR have a significant effect on the expenditure of zakat funds in Islamic Commercial Banks. Meanwhile, NPF and CAR partially have no significant effect on the expenditure of zakat funds in Islamic Commercial Banks. Simultaneously ROA, NPF, FDR, and CAR have an effect on the company's zakat funds disbursement at Islamic Commercial Banks.

show abstract

How Islamic and conventional bank in Indonesia contributing sustainable development goals achievement

Cited by 20 publications

References 22 publications

Compatibility of the CSR practices of Islamic banks with the United Nations SDGs amidst COVID-19: a documentary evidence

Compatibility of the CSR practices of Islamic banks with the United Nations SDGs amidst COVID-19: a documentary evidence

Does Islamic Banking Contribute to Increasing Public Welfare? Evidence from Indonesian Province Panel Data

Analisis Pengaruh Kinerja Keuangan terhadap Pengeluaran Dana Zakat Perusahaan pada Bank Umum Syariah

Contact Info

Product

Resources

About