The Influence of Green Banking, Islamic Social Reporting, and Financial Performance on Firm Value: Evidence from Islamic Banks in the GCC Region (2018–2024)

Rihhadatul Aisy Slasabil; Rini Safitri

doi:10.55927/jfbd.v4i4.417

Authors

Rihhadatul Aisy Slasabil Universitas Islam Negeri Maulana Malik Ibrahim Malang
Rini Safitri Universitas Islam Negeri Maulana Malik Ibrahim Malang

DOI:

https://doi.org/10.55927/jfbd.v4i4.417

Keywords:

Green Banking, Islamic Social Reporting (ISR), Financial Performance, Firm Value, Islamic Banks

Abstract

This study examines the influence of Green Banking, Islamic Social Reporting (ISR), and Financial Performance on the firm value of Islamic banks in the Gulf Cooperation Council (GCC) region during 2018–2024. Using secondary data from annual and sustainability reports of ten Islamic banks, the research applies a quantitative approach with panel data regression and Fixed Effect Model analysis. The results show that Financial Performance (ROA) has a positive and significant effect on firm value, while Green Banking and ISR have positive but insignificant effects. However, the three variables jointly influence firm value significantly. These findings indicate that financial, social, and environmental dimensions collectively enhance the sustainability and competitiveness of Islamic banks in the GCC.

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