Date Log
Submitted
13 June 2022
Accepted
11 October 2022
Published
9 December 2022
Disclosure of Islamic Values and Their Impact on Third-Party Funds and Islamic Bank Financing
Corresponding Author(s) : Mustakim Muchlis
Jurnal Minds: Manajemen Ide dan Inspirasi,
Vol. 9 No. 2 (2022): December
Abstract
This study investigates how the disclosure of Islamic values may contribute to third-party funds and financing in Islamic-compliant banks. This study employs a sample of 12 Islamic commercial banks in Indonesia with panel data from 2015 to 2020. Weights, based on expert assessments to determine the level of Islamic values, present as the academic contribution of this research. The finding reports that exposure to Islamic values negatively and significantly impacts financing. Third-party funds provide an indirect positive relationship between the disclosure of Islamic values and financing. These findings further consider the importance of implementing and disclosing Islamic values for investors.
Keywords
Islamic Value
Third Party Fund
Financing
Indonesia
Muchlis, M. (2022). Disclosure of Islamic Values and Their Impact on Third-Party Funds and Islamic Bank Financing. Jurnal Minds: Manajemen Ide Dan Inspirasi, 9(2), 239–252. https://doi.org/10.24252/minds.v9i2.29378
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References
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Abduh, M., & Omar, A. (2014). Who Patronizes Islamic Banks in Indonesia ? Who Patronizes Islamic Banks in Indonesia ? Muhamad Abduh Department of Business Administration International Islamic University, Kuala Lumpur Professor , Department of Business Administration Dean of Internati. January 2010.
Abduh, M., Taufik, M., & 1School, H. (2018). Factors Influence Intention to Opt for Islamic Investment Schemes among Market Players. Global Review of Islamic Economics and Business, Vol. 6, No. 2 (2018) 091-102, 6(2), 91–102.
Abdullah, W. A. W., Majella Percy, & Stewart, J. (2013). Shari’ah disclosures in Malaysian and Indonesian Islamic banks:The Shari’ah governance system. Journal of Islamic Accounting and Business Research, 4(2), 100–131. https://doi.org/10.1108/JIABR-10-2012-0063
Akerlof, G. A. (1970). The Market for “Lemons”: Quality Uncertainty and the Market Mechanism. The Quarterly Journal of Economics, 84, 488–500. http://www.jstor.org/stable/1879431
Al-Tamimi, H. A. H., Lafi, A. S., & Uddin, M. H. (2009). Bank image in the UAE: Comparing Islamic and conventional banks. Journal of Financial Services Marketing, 14(3), 232–244. https://doi.org/10.1057/fsm.2009.17
Amin, H., Rahman, A. R. A., Jr, S. L. S., & Hwa, A. M. C. (2011). Determinants of customers ’ intention to use Islamic personal Financing The case of Malaysian Islamic banks. Journal of Islamic Accounting and Business Research, 2(1), 22–42. https://doi.org/10.1108/17590811111129490
Anwar, A. Z., & Edward, M. Y. (2016). Analisis Syariah Compliance Pembiayaan Murabahah Pada Gabungan Koperasi Bmt Mitra Se-Kabupaten Jepara. The 3rd University Research Colloquium (URECOL) 2016, 256–269.
Awan, H. M., & Bukhari, K. S. (2011). Customer’s criteria for selecting an Islamic bank: Evidence from Pakistan. Journal of Islamic Marketing, 2(1), 14–27. https://doi.org/10.1108/17590831111115213
Azmat, S., Skully, M., & Brown, K. (2015). Can Islamic banking ever become Islamic? Pacific Basin Finance Journal, 34, 253–272. https://doi.org/10.1016/j.pacfin.2015.03.001
Bhat, G., Hope, O., & Kang, T. (2006). Does corporate governance transparency affect the accuracy of analyst forecasts? Accounting and Finance 46 (2006) 715–732 G., 46, 715–732.
Choudhury, M. A., & Hussain, M. M. (2005). A paradigm of Islamic money and banking. International Journal of Social Economics, 32(3), 203–217. https://doi.org/10.1108/03068290510580760
Dafe, F., & Williams, Z. (2020). Banking on courts: financialization and the rise of third-party funding in investment arbitration. Review of International Political Economy, 28(5), 1362–1384. https://doi.org/10.1080/09692290.2020.1764378
Dusuki, A. W. (2007). Why do Malaysian customers patronize Islamic banks ? International Journal Of Bank Marketing, 25(April), 142–160. https://doi.org/10.1108/02652320710739850
Dusuki, A. W. (2008). Understanding the objectives of Islamic banking : a survey of stakeholders ’ perspectives. International Journal of Islamic and Middle Eastern Finance and Management, Vol. 1 No., 132–148. https://doi.org/10.1108/17538390810880982
Dzahabiyah, A., & Umiyati, U. (2020). Sharia Compliance dan Islamic Corporate Governance Terhadap Dana Pihak Ketiga Pada Bank Umum Syariah. Akuntabilitas, 13(2), 239–250. https://doi.org/10.15408/akt.v13i2.16925
El-Halaby, S., Hussainey, K., Mohamed, M., & Hussien, M. (2018). The determinants of financial, social and Sharia disclosure accountability for Islamic banks. Risk Governance and Control: Financial Markets and Institutions, 8(3), 21–42. https://doi.org/10.22495/rgcv8i3p2
Febriani, Malik, D., Abdul;, Z., & Azib, A. (2016). The Influence of Islamic Social Reporting Disclosure to Third Party Fund in Indonesian Islamic Bank 2010-2014. Prosiding Hukum Ekonomi Syariah; Vol 2, No 1, Prosiding Hukum Ekonomi Syariah.
Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Pitman Publishing.
Hameed, S., Wirman, A., Alrazi, B., Nazli, M., & Pramono, S. (2004). Alternative Disclosure & Performance Measures For Islamic Banks. Second Conference on Administrative Sciences: Meeting the Challenges of the Globalization Age, King Fahd University of Petroleum & Minerals, Dhahran, Saudi Arabia, 1–37.
Hassan, A., & Syafri Harahap, S. (2010). Exploring corporate social responsibility disclosure: the case of Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management, 3(3), 203–227. https://doi.org/10.1108/17538391011072417
Islam, M. A., & Deegan, C. (2008). Motivations for an organization within a developing country to report social responsibility information Evidence from Bangladesh. Accounting, Auditing & Accountability Journa. https://doi.org/10.1108/09513570810893272
Ismail, M., & Jabeen, Z. (2019). Shariah Disclosure in Islamic Banking Institutions: The Customers’ Perspectives. Hazara Islamicus, 8(2), 45–54. www.hazaraislamicus.hu.edu.pk
Kardoyo, Nurkhin, A., Muhsin, Mukhibad, H., & Aprilia, F. D. (2020). The effect of knowledge, promotion, and religiosity on intention to use Islamic banking sendees. International Journal of Financial Research, 11(2), 128–135. https://doi.org/10.5430/ijfr.v11n2p128
Khan, F. (2010). Journal of Economic Behavior & Organization How ‘ Islamic ’ is Islamic Banking ? Journal OfEconomic Behavior &Organization, 76, 805–820. https://doi.org/10.1016/j.jebo.2010.09.015
Liputan6.com. (2021). OJK Beberkan 5 Hambatan Pengembangan Ekonomi Syariah di Indonesia. Www.Liputan6.Com/Bisnis/. https://www.liputan6.com/bisnis/read/4464941/ojk-beberkan-5-hambatan-pengembangan-ekonomi-syariah-di-indonesia
Mehtab, H., Zaheer, Z., & Ali, S. (2015). Knowledge , Attitudes and Practices ( KAP ) Survey : A Case Study on Islamic Banking at Peshawar , Pakistan Knowledge , Attitudes and Practices ( KAP ) Survey : A Case Study on Islamic Banking at Peshawar , Pakistan. FWU Journal Of Social Sciences, 9(January 2015), 1–13.
Morris, R. D. (1987). Signalling, Agency Theory and Accounting Policy Choice. Accounting and Business Research, 18(69), 47–56. https://doi.org/10.1080/00014788.1987.9729347
Musleh Al-Sartawi, A., & Reyad, S. (2018). Signaling theory and the determinants of online financial disclosure. Journal of Economic and Administrative Sciences, 34(3), 237–247. https://doi.org/10.1108/jeas-10-2017-0103
Nur’aeni, & Setiawan. (2020). Third Party Funds and Non-Performing Financing for Mudharabah Financing in Indonesia ’ s Sharia Banking. International Journal Of Business, Economics Anda Social Development, 1(4), 178–184.
Omar Mohammed, M., & Md Taib, F. (2015). Developing Islamic Banking Performance Measures Based on Maqasid Al-Shari’Ah Framework: Cases of 24 Selected Banks. In Journal of Islamic Monetary Economics and Finance (Vol. 1, Issue 1, pp. 55–77). https://doi.org/10.21098/jimf.v1i1.483
Otoritas Jasa Keuangan. (2020). Snapshot Perbankan Syariah Indonesia 2020. In Otoritas Jasa Keuangan. https://www.ojk.go.id/id/kanal/syariah/berita-dan-kegiatan/publikasi/Pages/Snapshot-Perbankan-Syariah-Juni-2020.aspx
Otoritas Jasa Keuangan (OJK). (2020). Indonesia Banking Statistics 2020 (Issue 01). https://www.ojk.go.id/id/kanal/perbankan/data-dan-statistik/statistik-perbankan-indonesia/Pages/Statistik-Perbankan-Indonesia---Desember-2020.aspx
Selvanathan, M. (2018). An Exploratory Study on Customers ’ Selection in Choosing Islamic Banking. International Business Research, 11, 42–49. https://doi.org/10.5539/ibr.v11n5p42
Sofyan, S. H. (2003). The disclosure of Islamic values - Annual report the analysis of Bank Muamalat Indonesia’s annual report. Managerial Finance, 29(7), 70–89.
Spence. (1973). I shall argue that the paradigm case of the market with this type of informational structure is the job market and will therefore focus upon it . By the end I hope it will be clear ( although space limitations will not permit an extended argument ) that a. The Quarterly Journal of Economics, 87(3), 355–374.
Sudirman, S., Darwis, R., Rahman, A., Yusuf, S. D., Gunawan, E., Marwing, A., & Obie, M. (2023). Sharia Stocks and Muslim Millennials Investors in Indonesia: Between Religious and Economic Motives. International Journal of Professional Business Review, 8(5), e01829. https://doi.org/10.26668/businessreview/2023.v8i5.1826
Tabash, M. I. (2019). An Empirical Investigation on the Relation between Disclosure and Financial Performance of Islamic Banks in the United Arab Emirates. 6(4), 27–35. https://doi.org/10.13106/jafeb.2019.vol6.no4.27
Ul-Haq, R. (2012). Viewpoints: when the Islamisation model doesn’t. Journal of Islamic Accounting and Business Research, Vol. 3 Iss(Unit 07), 1–12.
Usman, H., Tjiptoherijanto, P., Balqiah, T. E., & Agung, I. G. N. (2017). The role of religious norms, trust, importance of attributes and information sources in the relationship between religiosity and selection of the Islamic bank. Journal of Islamic Marketing, 8(2), 158–186. https://doi.org/10.1108/JIMA-01-2015-0004
Widialoka, W., & Hidayat, A. R. (2016). Analisis Pengaruh Kepatuhan Syariah ( Shariah Compliance ) terhadap Dana Pihak Ketiga pada Bank Umum Syariah di Indonesia Periode Tahun 2010-2015 Analysis of Compliance of Islamic Funds of Any Third Party on Islamic Banks in Indonesia Period of 2010-2015. Prosiding Keuangan Dan Perbankan Syariah, 2(2), 672–678.
Yustiardhi, A. F., Diniyya, A. A., Amirah, F., Faiz, A., Subri, N. S., & Kurnia, Z. N. (2020). Issues and Challenges of the Application of Mudarabah and Musharakah in Islamic Bank Financing Products. 9(2), 26–41.
References
Abduh, M., & Omar, A. (2014). Who Patronizes Islamic Banks in Indonesia ? Who Patronizes Islamic Banks in Indonesia ? Muhamad Abduh Department of Business Administration International Islamic University, Kuala Lumpur Professor , Department of Business Administration Dean of Internati. January 2010.
Abduh, M., Taufik, M., & 1School, H. (2018). Factors Influence Intention to Opt for Islamic Investment Schemes among Market Players. Global Review of Islamic Economics and Business, Vol. 6, No. 2 (2018) 091-102, 6(2), 91–102.
Abdullah, W. A. W., Majella Percy, & Stewart, J. (2013). Shari’ah disclosures in Malaysian and Indonesian Islamic banks:The Shari’ah governance system. Journal of Islamic Accounting and Business Research, 4(2), 100–131. https://doi.org/10.1108/JIABR-10-2012-0063
Akerlof, G. A. (1970). The Market for “Lemons”: Quality Uncertainty and the Market Mechanism. The Quarterly Journal of Economics, 84, 488–500. http://www.jstor.org/stable/1879431
Al-Tamimi, H. A. H., Lafi, A. S., & Uddin, M. H. (2009). Bank image in the UAE: Comparing Islamic and conventional banks. Journal of Financial Services Marketing, 14(3), 232–244. https://doi.org/10.1057/fsm.2009.17
Amin, H., Rahman, A. R. A., Jr, S. L. S., & Hwa, A. M. C. (2011). Determinants of customers ’ intention to use Islamic personal Financing The case of Malaysian Islamic banks. Journal of Islamic Accounting and Business Research, 2(1), 22–42. https://doi.org/10.1108/17590811111129490
Anwar, A. Z., & Edward, M. Y. (2016). Analisis Syariah Compliance Pembiayaan Murabahah Pada Gabungan Koperasi Bmt Mitra Se-Kabupaten Jepara. The 3rd University Research Colloquium (URECOL) 2016, 256–269.
Awan, H. M., & Bukhari, K. S. (2011). Customer’s criteria for selecting an Islamic bank: Evidence from Pakistan. Journal of Islamic Marketing, 2(1), 14–27. https://doi.org/10.1108/17590831111115213
Azmat, S., Skully, M., & Brown, K. (2015). Can Islamic banking ever become Islamic? Pacific Basin Finance Journal, 34, 253–272. https://doi.org/10.1016/j.pacfin.2015.03.001
Bhat, G., Hope, O., & Kang, T. (2006). Does corporate governance transparency affect the accuracy of analyst forecasts? Accounting and Finance 46 (2006) 715–732 G., 46, 715–732.
Choudhury, M. A., & Hussain, M. M. (2005). A paradigm of Islamic money and banking. International Journal of Social Economics, 32(3), 203–217. https://doi.org/10.1108/03068290510580760
Dafe, F., & Williams, Z. (2020). Banking on courts: financialization and the rise of third-party funding in investment arbitration. Review of International Political Economy, 28(5), 1362–1384. https://doi.org/10.1080/09692290.2020.1764378
Dusuki, A. W. (2007). Why do Malaysian customers patronize Islamic banks ? International Journal Of Bank Marketing, 25(April), 142–160. https://doi.org/10.1108/02652320710739850
Dusuki, A. W. (2008). Understanding the objectives of Islamic banking : a survey of stakeholders ’ perspectives. International Journal of Islamic and Middle Eastern Finance and Management, Vol. 1 No., 132–148. https://doi.org/10.1108/17538390810880982
Dzahabiyah, A., & Umiyati, U. (2020). Sharia Compliance dan Islamic Corporate Governance Terhadap Dana Pihak Ketiga Pada Bank Umum Syariah. Akuntabilitas, 13(2), 239–250. https://doi.org/10.15408/akt.v13i2.16925
El-Halaby, S., Hussainey, K., Mohamed, M., & Hussien, M. (2018). The determinants of financial, social and Sharia disclosure accountability for Islamic banks. Risk Governance and Control: Financial Markets and Institutions, 8(3), 21–42. https://doi.org/10.22495/rgcv8i3p2
Febriani, Malik, D., Abdul;, Z., & Azib, A. (2016). The Influence of Islamic Social Reporting Disclosure to Third Party Fund in Indonesian Islamic Bank 2010-2014. Prosiding Hukum Ekonomi Syariah; Vol 2, No 1, Prosiding Hukum Ekonomi Syariah.
Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Pitman Publishing.
Hameed, S., Wirman, A., Alrazi, B., Nazli, M., & Pramono, S. (2004). Alternative Disclosure & Performance Measures For Islamic Banks. Second Conference on Administrative Sciences: Meeting the Challenges of the Globalization Age, King Fahd University of Petroleum & Minerals, Dhahran, Saudi Arabia, 1–37.
Hassan, A., & Syafri Harahap, S. (2010). Exploring corporate social responsibility disclosure: the case of Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management, 3(3), 203–227. https://doi.org/10.1108/17538391011072417
Islam, M. A., & Deegan, C. (2008). Motivations for an organization within a developing country to report social responsibility information Evidence from Bangladesh. Accounting, Auditing & Accountability Journa. https://doi.org/10.1108/09513570810893272
Ismail, M., & Jabeen, Z. (2019). Shariah Disclosure in Islamic Banking Institutions: The Customers’ Perspectives. Hazara Islamicus, 8(2), 45–54. www.hazaraislamicus.hu.edu.pk
Kardoyo, Nurkhin, A., Muhsin, Mukhibad, H., & Aprilia, F. D. (2020). The effect of knowledge, promotion, and religiosity on intention to use Islamic banking sendees. International Journal of Financial Research, 11(2), 128–135. https://doi.org/10.5430/ijfr.v11n2p128
Khan, F. (2010). Journal of Economic Behavior & Organization How ‘ Islamic ’ is Islamic Banking ? Journal OfEconomic Behavior &Organization, 76, 805–820. https://doi.org/10.1016/j.jebo.2010.09.015
Liputan6.com. (2021). OJK Beberkan 5 Hambatan Pengembangan Ekonomi Syariah di Indonesia. Www.Liputan6.Com/Bisnis/. https://www.liputan6.com/bisnis/read/4464941/ojk-beberkan-5-hambatan-pengembangan-ekonomi-syariah-di-indonesia
Mehtab, H., Zaheer, Z., & Ali, S. (2015). Knowledge , Attitudes and Practices ( KAP ) Survey : A Case Study on Islamic Banking at Peshawar , Pakistan Knowledge , Attitudes and Practices ( KAP ) Survey : A Case Study on Islamic Banking at Peshawar , Pakistan. FWU Journal Of Social Sciences, 9(January 2015), 1–13.
Morris, R. D. (1987). Signalling, Agency Theory and Accounting Policy Choice. Accounting and Business Research, 18(69), 47–56. https://doi.org/10.1080/00014788.1987.9729347
Musleh Al-Sartawi, A., & Reyad, S. (2018). Signaling theory and the determinants of online financial disclosure. Journal of Economic and Administrative Sciences, 34(3), 237–247. https://doi.org/10.1108/jeas-10-2017-0103
Nur’aeni, & Setiawan. (2020). Third Party Funds and Non-Performing Financing for Mudharabah Financing in Indonesia ’ s Sharia Banking. International Journal Of Business, Economics Anda Social Development, 1(4), 178–184.
Omar Mohammed, M., & Md Taib, F. (2015). Developing Islamic Banking Performance Measures Based on Maqasid Al-Shari’Ah Framework: Cases of 24 Selected Banks. In Journal of Islamic Monetary Economics and Finance (Vol. 1, Issue 1, pp. 55–77). https://doi.org/10.21098/jimf.v1i1.483
Otoritas Jasa Keuangan. (2020). Snapshot Perbankan Syariah Indonesia 2020. In Otoritas Jasa Keuangan. https://www.ojk.go.id/id/kanal/syariah/berita-dan-kegiatan/publikasi/Pages/Snapshot-Perbankan-Syariah-Juni-2020.aspx
Otoritas Jasa Keuangan (OJK). (2020). Indonesia Banking Statistics 2020 (Issue 01). https://www.ojk.go.id/id/kanal/perbankan/data-dan-statistik/statistik-perbankan-indonesia/Pages/Statistik-Perbankan-Indonesia---Desember-2020.aspx
Selvanathan, M. (2018). An Exploratory Study on Customers ’ Selection in Choosing Islamic Banking. International Business Research, 11, 42–49. https://doi.org/10.5539/ibr.v11n5p42
Sofyan, S. H. (2003). The disclosure of Islamic values - Annual report the analysis of Bank Muamalat Indonesia’s annual report. Managerial Finance, 29(7), 70–89.
Spence. (1973). I shall argue that the paradigm case of the market with this type of informational structure is the job market and will therefore focus upon it . By the end I hope it will be clear ( although space limitations will not permit an extended argument ) that a. The Quarterly Journal of Economics, 87(3), 355–374.
Sudirman, S., Darwis, R., Rahman, A., Yusuf, S. D., Gunawan, E., Marwing, A., & Obie, M. (2023). Sharia Stocks and Muslim Millennials Investors in Indonesia: Between Religious and Economic Motives. International Journal of Professional Business Review, 8(5), e01829. https://doi.org/10.26668/businessreview/2023.v8i5.1826
Tabash, M. I. (2019). An Empirical Investigation on the Relation between Disclosure and Financial Performance of Islamic Banks in the United Arab Emirates. 6(4), 27–35. https://doi.org/10.13106/jafeb.2019.vol6.no4.27
Ul-Haq, R. (2012). Viewpoints: when the Islamisation model doesn’t. Journal of Islamic Accounting and Business Research, Vol. 3 Iss(Unit 07), 1–12.
Usman, H., Tjiptoherijanto, P., Balqiah, T. E., & Agung, I. G. N. (2017). The role of religious norms, trust, importance of attributes and information sources in the relationship between religiosity and selection of the Islamic bank. Journal of Islamic Marketing, 8(2), 158–186. https://doi.org/10.1108/JIMA-01-2015-0004
Widialoka, W., & Hidayat, A. R. (2016). Analisis Pengaruh Kepatuhan Syariah ( Shariah Compliance ) terhadap Dana Pihak Ketiga pada Bank Umum Syariah di Indonesia Periode Tahun 2010-2015 Analysis of Compliance of Islamic Funds of Any Third Party on Islamic Banks in Indonesia Period of 2010-2015. Prosiding Keuangan Dan Perbankan Syariah, 2(2), 672–678.
Yustiardhi, A. F., Diniyya, A. A., Amirah, F., Faiz, A., Subri, N. S., & Kurnia, Z. N. (2020). Issues and Challenges of the Application of Mudarabah and Musharakah in Islamic Bank Financing Products. 9(2), 26–41.
Abduh, M., Taufik, M., & 1School, H. (2018). Factors Influence Intention to Opt for Islamic Investment Schemes among Market Players. Global Review of Islamic Economics and Business, Vol. 6, No. 2 (2018) 091-102, 6(2), 91–102.
Abdullah, W. A. W., Majella Percy, & Stewart, J. (2013). Shari’ah disclosures in Malaysian and Indonesian Islamic banks:The Shari’ah governance system. Journal of Islamic Accounting and Business Research, 4(2), 100–131. https://doi.org/10.1108/JIABR-10-2012-0063
Akerlof, G. A. (1970). The Market for “Lemons”: Quality Uncertainty and the Market Mechanism. The Quarterly Journal of Economics, 84, 488–500. http://www.jstor.org/stable/1879431
Al-Tamimi, H. A. H., Lafi, A. S., & Uddin, M. H. (2009). Bank image in the UAE: Comparing Islamic and conventional banks. Journal of Financial Services Marketing, 14(3), 232–244. https://doi.org/10.1057/fsm.2009.17
Amin, H., Rahman, A. R. A., Jr, S. L. S., & Hwa, A. M. C. (2011). Determinants of customers ’ intention to use Islamic personal Financing The case of Malaysian Islamic banks. Journal of Islamic Accounting and Business Research, 2(1), 22–42. https://doi.org/10.1108/17590811111129490
Anwar, A. Z., & Edward, M. Y. (2016). Analisis Syariah Compliance Pembiayaan Murabahah Pada Gabungan Koperasi Bmt Mitra Se-Kabupaten Jepara. The 3rd University Research Colloquium (URECOL) 2016, 256–269.
Awan, H. M., & Bukhari, K. S. (2011). Customer’s criteria for selecting an Islamic bank: Evidence from Pakistan. Journal of Islamic Marketing, 2(1), 14–27. https://doi.org/10.1108/17590831111115213
Azmat, S., Skully, M., & Brown, K. (2015). Can Islamic banking ever become Islamic? Pacific Basin Finance Journal, 34, 253–272. https://doi.org/10.1016/j.pacfin.2015.03.001
Bhat, G., Hope, O., & Kang, T. (2006). Does corporate governance transparency affect the accuracy of analyst forecasts? Accounting and Finance 46 (2006) 715–732 G., 46, 715–732.
Choudhury, M. A., & Hussain, M. M. (2005). A paradigm of Islamic money and banking. International Journal of Social Economics, 32(3), 203–217. https://doi.org/10.1108/03068290510580760
Dafe, F., & Williams, Z. (2020). Banking on courts: financialization and the rise of third-party funding in investment arbitration. Review of International Political Economy, 28(5), 1362–1384. https://doi.org/10.1080/09692290.2020.1764378
Dusuki, A. W. (2007). Why do Malaysian customers patronize Islamic banks ? International Journal Of Bank Marketing, 25(April), 142–160. https://doi.org/10.1108/02652320710739850
Dusuki, A. W. (2008). Understanding the objectives of Islamic banking : a survey of stakeholders ’ perspectives. International Journal of Islamic and Middle Eastern Finance and Management, Vol. 1 No., 132–148. https://doi.org/10.1108/17538390810880982
Dzahabiyah, A., & Umiyati, U. (2020). Sharia Compliance dan Islamic Corporate Governance Terhadap Dana Pihak Ketiga Pada Bank Umum Syariah. Akuntabilitas, 13(2), 239–250. https://doi.org/10.15408/akt.v13i2.16925
El-Halaby, S., Hussainey, K., Mohamed, M., & Hussien, M. (2018). The determinants of financial, social and Sharia disclosure accountability for Islamic banks. Risk Governance and Control: Financial Markets and Institutions, 8(3), 21–42. https://doi.org/10.22495/rgcv8i3p2
Febriani, Malik, D., Abdul;, Z., & Azib, A. (2016). The Influence of Islamic Social Reporting Disclosure to Third Party Fund in Indonesian Islamic Bank 2010-2014. Prosiding Hukum Ekonomi Syariah; Vol 2, No 1, Prosiding Hukum Ekonomi Syariah.
Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Pitman Publishing.
Hameed, S., Wirman, A., Alrazi, B., Nazli, M., & Pramono, S. (2004). Alternative Disclosure & Performance Measures For Islamic Banks. Second Conference on Administrative Sciences: Meeting the Challenges of the Globalization Age, King Fahd University of Petroleum & Minerals, Dhahran, Saudi Arabia, 1–37.
Hassan, A., & Syafri Harahap, S. (2010). Exploring corporate social responsibility disclosure: the case of Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management, 3(3), 203–227. https://doi.org/10.1108/17538391011072417
Islam, M. A., & Deegan, C. (2008). Motivations for an organization within a developing country to report social responsibility information Evidence from Bangladesh. Accounting, Auditing & Accountability Journa. https://doi.org/10.1108/09513570810893272
Ismail, M., & Jabeen, Z. (2019). Shariah Disclosure in Islamic Banking Institutions: The Customers’ Perspectives. Hazara Islamicus, 8(2), 45–54. www.hazaraislamicus.hu.edu.pk
Kardoyo, Nurkhin, A., Muhsin, Mukhibad, H., & Aprilia, F. D. (2020). The effect of knowledge, promotion, and religiosity on intention to use Islamic banking sendees. International Journal of Financial Research, 11(2), 128–135. https://doi.org/10.5430/ijfr.v11n2p128
Khan, F. (2010). Journal of Economic Behavior & Organization How ‘ Islamic ’ is Islamic Banking ? Journal OfEconomic Behavior &Organization, 76, 805–820. https://doi.org/10.1016/j.jebo.2010.09.015
Liputan6.com. (2021). OJK Beberkan 5 Hambatan Pengembangan Ekonomi Syariah di Indonesia. Www.Liputan6.Com/Bisnis/. https://www.liputan6.com/bisnis/read/4464941/ojk-beberkan-5-hambatan-pengembangan-ekonomi-syariah-di-indonesia
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