Integrasi Prinsip Environmental, Social, and Governance (ESG) dan Maqashid Shariah dalam Manajemen Pembiayaan Bank Syariah
Keywords:
ESG Syariah, Maqāṣid al-Syarī’ah, LKS, Keuangan Berkelanjutan, Tata Kelola SyariahAbstract
Penelitian ini menganalisis integrasi Environmental, Social, and Governance (ESG) dalam lembaga keuangan syariah (LKS) serta memulai peran maqāṣid al-syarī'ah sebagai landasan etis dan kerangka konseptualisasi bagi penguatan praktik penghentian di sektor keuangan Islam. Studi ini juga mengidentifikasi tantangan dan peluang strategi penerapan ESG dalam konteks Indonesia. Menggunakan metode penelitian perpustakaan dengan pendekatan observasi literatur naratif dan protokol pencarian sistematis, data yang diperoleh dari jurnal internasional, laporan OJK dan IFSB, dokumen regulasi, serta laporan mutasi bank syariah. Analisis tematik digunakan untuk memetakan pola dan hubungan kontekstual yang muncul. Hasil penelitian menunjukkan tiga temuan utama. Pertama, penerapan ESG pada LKS meningkat pesat pasca-2020, dipicu oleh regulasi, tuntutan pasar, dan preferensi generasi muda terhadap institusi beretika, dengan bukti empiris bahwa skor ESG berhubungan positif dengan stabilitas dan efisiensi bank syariah. Kedua, maqāṣid al-syarī'ah memiliki keselarasan yang kuat dengan prinsip ESG, namun indikator ESG yang belum sepenuhnya menangkap nilai maqāṣid sehingga diperlukan pengembangan metrik yang berorientasi syariah. Ketiga, terdapat kesenjangan antara regulasi dan kapasitas implementasi akibat rendahnya literasi syariah, keterbatasan infrastruktur, dan tekanan kompetitif. Penelitian menyimpulkan bahwa integrasi ESG–maqāṣid berpotensi memperkuat keinginan dan daya saing LKS, namun keberhasilannya memerlukan indikator maqāṣid-driven, tata kelola yang lebih kuat, peningkatan kapasitas institusional, dan harmonisasi kebijakan.
Downloads
References
Alhejaili, M. O. (2024). Integrating Climate Change Risks and Sustainability Goals into Saudi Arabia’s Financial Regulation: Pathways to Green Finance. Sustainability. https://doi.org/10.3390/su16104159
Amelia, Y., Rizal, M., & Nurhasanah, S. U. (2024). Peran Audit Syariah Internal dan Eksternal dalam Kepatuhan Syariah pada Lembaga Keuangan Islam. Al-Urban, 8(1), 47–61. https://doi.org/10.22236/alurban_vol8.i1/17432
Amir-ud-Din, R. (2022). Maqāṣid Al-Sharīʿah: Are We Measuring the Immeasurable? https://doi.org/10.1007/978-3-030-12793-0_2
Anisa, L. N. (2024). A Comparative Analysis Of Islamic Economic Thought: Abu Yusuf And M. Umer Chapra. Journal Of Economic And Islamic Research., 3(1), 342–365. https://doi.org/10.62730/journalofeconomicandislamicresearch.v3i1.127
Anwar, S., Rusanti, E., & Maulidiyah, D. R. (2025). Women, Global Reporting Initiative Standards (GRI), and Carbon Emission Disclosure: The International Journal of Financial Systems, 3(1), 49–80. https://doi.org/10.61459/ijfs.v3i1.40
Avi, M. S. (2022). The Relationship Between Financial Reporting and Sustainability Report. The Exposure Draft: IFRS S1 General Requirement for Disclosure of Sustainability-Related Financial Information (From International Sustainability Standard Board) Overcomes the Duality of External Corporate Disclosure. Journal of Economics, Finance and Management Studies, 05(04). https://doi.org/10.47191/jefms/v5-i4-11
Boudawara, Y., Toumi, K., Wannes, A., & Hussainey, K. (2023). Shari’ah Governance quality and Environmental, Social and Governance performance in Islamic banks. A cross-country evidence. Journal of Applied Accounting Research, 24(5), 1004–1026. https://doi.org/10.1108/JAAR-08-2022-0208
Ceasario, A. F., & Nisa, F. L. (2025). Transformasi Keuangan Digital dalam Perspektif Ekonomi Syariah : Peluang, Tantangan, dan Dampak Terhadap Inklusi Keuangan. 3(1), 102–114. https://doi.org/10.35905/rikaz.v3i2.9596
Cojocaru, A.-C., & Mihăilă, S. (2024). Implementation of IFRS sustainability disclosure standards into integrated reporting: a journey of future-oriented companies. Revista de Studii Financiare, 9(17), 39–55. https://doi.org/10.55654/jfs.2024.9.17.03
Damanik, E. S. R., Mansur, F., Safelia, N., Kusumastuti, R., & Herawaty, N. (2025). Integrasi Faktor Lingkungan, Sosial, dan Tata Kelola (ESG) dalam Strategi Keberlanjutan Perusahaan: Tinjauan Sistematis terhadap Dampak pada Kinerja dan Nilai Organisasi. Deleted Journal, 2(2), 107–114. https://doi.org/10.62194/hcc09350
de putra, O. (2023). Islamic Finance and Sustainability: The Need to Reframe Notions of Shariah Compliance, Purpose, and Value. Palgrave CIBFR Studies in Islamic Finance, 15–40. https://doi.org/10.1007/978-3-031-13302-2_2
Dwiyandi, N. (2025). Pengaruh pengungkapan terkait keberlanjutan dan iklim sesuai IFRS s1 dan s2 terhadap nilai perusahaan. Jurnal Akuntansi Trisakti (e-Journal), 12(1), 109–128. https://doi.org/10.25105/v12i1.22238
Hamdi, A., Sukandi, S., & Tasliyah, N. (2025). Analisis prinsip-prinsip produksi dalam ekonomi islam: studi komparatif antara konsep tradisional dan kontemporer. Iltizam, 3(1), 113–121. https://doi.org/10.35316/iltizam.v3i1.7877
Harling, A.-S., Henesy, D., & Simmance, E. B. (2023). Transparency Reporting: The UK Regulatory Perspective. Journal of Online Trust and Safety, 1(5). https://doi.org/10.54501/jots.v1i5.108
Hendra, J., Ghafar, A., Cahnawawi, S. T., & Sholatullah, S. (2025). The Role of The Sharia Supervisory Board in Risk Mitigation in Islamic Financial Institutions. Journal of Education Transportation and Business., 2(1), 177–180. https://doi.org/10.57235/jetbus.v2i1.6270
Kamal, S. S. (2025). From compliance to competitive edge: a finance leader’s guide to IFRS s1 and s2. Journal of Advance Research in Business, Management and Accounting, 11(4), 17–27. https://doi.org/10.61841/gwkxrs41
Kamil, W. A. R., Bakhor, S. A. S. M., Luna-Martinez, J. De, Zhang, W. G., & Aziz, A. H. B. A. (2019). Islamic Green Finance : Development, Ecosystem and Prospects. 1–111. https://documents.worldbank.org/curated/en/591721554824346344/Islamic-Green-Finance-Development-Ecosystem-and-Prospects
Kartiko, N. D., Indradewi, A. A., & Sugianto, F. (2024). The Urgency of Green Banking Regulations in Indonesia in the Implementation of Sustainable Development. Administrative and Environmental Law Review, 5(2), 135–154. https://doi.org/10.25041/aelr.v5i2.3604
Kaufmann, C., & Weber, R. H. (2010). The Role of Transparency in Financial Regulation. Journal of International Economic Law, 13(3), 779–797. https://doi.org/10.1093/JIEL/JGQ037
Lestari, P. A. (2025). Transformasi Digital Bank Syariah di Era Teknologi: Perkembangan, Tantangan dan Peluang Menuju Pertumbuhan Berkelanjutan. Journal Of Sharia Economy And Islamic Tourism, 5(2), 62. https://doi.org/10.31764/jseit.v5i2.30779
Milena, W., & Stefan, A. (2024). Enhancing ESG Performance in Islamic Banks: The Impact of Shari’ah Governance Quality Across Countries. 1(3), 158–174. https://doi.org/10.69725/jies.v1i3.143
Mohd Zain, F. A., Muhamad, S. F., Abdullah, H., Sheikh Ahmad Tajuddin, S. A. F., & Wan Abdullah, W. A. (2024). Integrating Environmental, Social and Governance (ESG) principles with Maqasid al-Shariah: a blueprint for sustainable takaful operations. International Journal of Islamic and Middle Eastern Finance and Management, 17(3), 461–484. https://doi.org/10.1108/IMEFM-11-2023-0422
Muttaqin, A. A., Samsudin, M. A., Ahmad, A. A., & Hawa, N. N. (2025). Mapping Maqāṣid Sharia Models in Islamic Economics. El-Qist: Journal of Islamic Economic and Business (JIEB), 15(1), 66–82. https://doi.org/10.15642/elqist.v15i1.2062
Nugroho, T. P. (2025). Integration of ESG Principles in Risk Assessment of Islamic Financial Products: A Maqasid Shariah-Based Approach. Jurnal Ekonomi Dan Manajemen, 4(2), 1–10. https://doi.org/10.56127/jekma.v4i2.2079
Nur’aeni, N., & Widyasari, W. (2022). PERAN TINGKAT LITERASI KEUANGAN SYARIAH DAN AKSES PEMBIAYAAN BANK SYARIAH TERHADAP PERTUMBUHAN USAHA MIKRO KECIL YANG DIMILIKI MUSLIM DI KABUPATEN BANDUNG. Ekspansi: Jurnal Ekonomi, Keuangan, Perbankan, Dan Akuntansi, 14(2), 116–129. https://doi.org/10.35313/ekspansi.v14i2.4425
Pangaribuan, C. M. P., & Idrianita, I. (2024). Analisis Praktik ESG Bank First Mover on Sustainable Finance. Akademik: Jurnal Mahasiswa Ekonomi Dan Bisnis, 4(3), 1392–1406. https://doi.org/10.37481/jmeb.v4i3.944
Reddy, J. K., Syed, W. K., Takkalapally, P., Gupta, K., & Yuvaraj, N. (2025). Analytical Evaluation of Sustainable Banking Practices: ESG Integration and Green Finance Initiatives. 670–675. https://doi.org/10.1109/mrie66930.2025.11156329
Ridwan, M., Gusnadi, S., & Kurniawan, A. (2023). Hubungan maqashid al-syariah dengan filsafat hukum islam. Jurnal El-Qanuniy: Jurnal Ilmu-Ilmu Kesyariahan Dan Pranata Sosial, 9(1), 1–11. https://doi.org/10.24952/el-qanuniy.v9i1.6151
Rismanto, R. (2024). Penerapan ESG (Environmental, Social, Governance) dalam strategi investasi keuangan. Jurnal Investi Islam, 5(1), 601–616. https://doi.org/10.32806/ivi.v5i1.186
Romero, D. P. O., Velastegui, F. M. T., & Romero, V. F. O. (2025). Sostenibilidad Corporativa y ESG (Environmental, Social And Governance). Dominio de Las Ciencias, 11(1), 1133. https://doi.org/10.23857/dc.v11i1.4229
Sakum, S., Mamun, A. N. A., Sarwo, E., & Hamdan, A. (2024). Peningkatan Literasi Keuangan Syariah Melalui Pelatihan dan Pendampingan Masyarakat Kabupaten Bekasi. El-Mal, 5(12). https://doi.org/10.47467/elmal.v5i12.4824
Sharma, H., & Jain, S. (2024). Navigating the Green Finance Landscape: Trends, Challenges, and Future Directions in the Banking Sector. 344–348. https://doi.org/10.1201/9781003543633-55
Sinulingga, T. A., Nasution, B. H., & Magda, M. (2025). The Influence of ESG (Environmental, Social, Governance) on Corporate Value in the Indonesian Capital Market. Ipso Jure, 2(6), 67–76. https://doi.org/10.62872/ahewga35
Siti Zahiroh, & M. Yunus Abu Bakar. (2025). Ilmu Ushul Fiqih Dalam Perspektif Filsafat Ilmu. Jurnal IHSAN Jurnal Pendidikan Islam, 3(1), 298–308. https://doi.org/10.61104/ihsan.v3i1.725
Siyamto, Y. (2025). Perkembangan Kualitas Pembiayaan Bank Syariah di Indonesia: Tren Kategori dan Non-Performing Financing 2015–2024. Jurnal Ilmiah Keuangan Akuntansi Bisnis, 4(2), 747–758. https://doi.org/10.53088/jikab.v4i2.224
Soediro, A., & Meutia, I. (2022). Maqasid sharia as a performance framework for islamic financial institutions. 9(1), 70–86. https://doi.org/10.18202/JAMAL.2018.04.9005
Tenorio-Salgueiro, S., Búa, M. V., Lado-Sestayo, R., & Salgueiro, A. M. (2025). Sustainability and Integration of ESG Reporting. 163–196. https://doi.org/10.4018/979-8-3373-1902-5.ch006
Ulah, M. N. & karim. (2023). Maqasid Al Shari’ah and Financial Concern of Human Life (pp. 29–46). https://doi.org/10.1007/978-981-19-9555-2_2
Winarni, R., & Akbar, T. S. W. (2025). Digital transformation in the financial system: A comprehensive review of the literature on fintech and financial inclusion. Priviet Social Sciences Journal, 5(8), 100–114. https://doi.org/10.55942/pssj.v5i8.479
Winarso, R. E. (2025). The Influence of Environment, Social, and Governance (ESG) Practices on Bank Financial Performance. International Journal of Economics, Business and Management Research, 09(08), 300–314. https://doi.org/10.51505/ijebmr.2025.9815
Yoga, Y. bayu nugroho. (2025). EFEKTIVITAS PENGUMPULAN DAN PENGELOLAAN CWLS DALAM PEMBIAYAAN PROYEK SOSIAL DI BADAN WAKAF INDONESIA. Islamic Economics And Finance Journal, 3(1), 156–170. https://doi.org/10.62005/iseco.v3i1.66
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Moh Ainul Yaqin, Mugiyati (Author)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
