Keywords
Green Banking
Intellectual Capital
Operational Efficiency
Islamic Commercial Banks
How to Cite
Abstract
This study aims to analyze the influence of Green Banking, Human Capital, Structural Capital, Capital Employed, and Operational Efficiency on the profitability of Commercial Sharia Banks in Indonesia for the period 2021–2024. The study used quantitative methods with secondary data sourced from financial statements and bank sustainability reports. The sample was selected through purposive sampling, resulting in 12 Commercial Sharia Banks analyzed using panel data regression with a Fixed Effect Model (FEM). The results show that Green Banking and Operational Efficiency (BOPO) affect profitability, while Human Capital, Structural Capital, and Capital Employed do not. These findings indicate that the implementation of sustainable banking practices and effective operational cost management are key factors in improving the financial performance of Islamic banks, while intellectual capital still needs to be optimized to make a significant contribution to increasing company value.
References
Abel, Chidera Emmanuel, Maria Ukamaka Clare Okeke, Chinaza Gift Kenechukwu, Monday Ezeah, and Kayode Omolaja Yusuf, ‘Is the Resource-Based View Still Strategic? A Critical Reassessment of Its Strengths, Limitations, and Relevance in the Era of Digital Transformation and Dynamic Capabilities’, 2025, 0–15 <https://doi.org/10.20944/preprints202508.1395.v1>
Achmad Firdaus, Rizky, and Nur Ifrochah, ‘1434-Article Text-6775-1-10-20220425’, Jurnal Keuangan Negara Dan Kebijaakn Publik, Vo. 2, No. (2022), 16–29
Amalia, Putra Syifa, and Desy Norma Safira, ‘THE INFLUENCE OF INTELLECTUAL CAPITAL AND SHARIA COMPLIANCE ON Jurnal Akuntansi Fakultas Ekonomi UNIBBA’, (Akurat) Jurnal Ilmiah Akuntansi, 12 (2021), 129–42
Angelika, Erika, and Ati Retna Sari, ‘Pengaruh Intellectual Capital Terhadap Profitabilitas Dengan Pertumbuhan Perusahaan Sebagai Variabel Moderasi (Studi Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Tahun 2016-2018)’, Jurnal Riset Mahasiswa Akuntasi (JRMA)), 8 (2020), 1–19
Aslamiyah, Febianti, Rifka Adila Windarti, Septa Farleni, and Vicky F Sanjaya, ‘Pendekatan Resource-Based View (Rbv) Dalam Manajemen Bisnis : Strategi Untuk Keunggulan’, Jurnal Manajemen Bisnis Syariah, 1 (2024), 176–83
Aswirah, Aswirah, Aryati Arfah, and Syamsu Alam, ‘Perkembangan Dan Dampak Financial Technology Terhadap Inklusi Keuangan Di Indonesia: Studi Literatur’, Jurnal Bisnis Dan Kewirausahaan, 13 (2024), 180–86 <https://doi.org/10.37476/jbk.v13i2.4642>
Basuki, A. T, Pengantar Ekonometrika (Dilengkapi Penggunaan Eviews), 2016
Candra Ningluthfi, Arseha, and Yulfan Arif Nurohman, ‘Peran Islamic Green Banking Terhadap Sustainable Development Goals Di Indonesia’, Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah, 6 (2024), 3689–3703 <https://doi.org/10.47467/alkharaj.v6i5.1182>
Fajar Adhityaa, Dessy Noor Faridaa and Fitria Andestria, and A, ‘Green Banking: The Trend of Maintaining Sustainability of Environmental Business’, Global Review of Islamic Economics and Business, Vol. 11, No. 1 (2023) 084-094, 11 (2023), 84–94
Fathihani, Rini Sulistiyowati, and Hendra Kusuma, ‘Sustainable Banking Practices and Cost Efficiency: Evidence on Profitability from Islamic Commercial Banks in Indonesia’, Al-Kharaj: Journal of Islamic Economic and Business, 7 (2025), 883–96 <http://ejournal.iainpalopo.ac.id/index.php/alkharaj/article/view/7359>
Handayani, Resta Nur, Muhammad Iqbal Fasa, and Suharto Suharto, ‘Pengaruh Green Banking Pada Sektor Perbankan Syariah Indonesia’, Jurnal Manajemen Dan Bisnis, 5 (2023), 117–26 <https://doi.org/10.47080/jmb.v5i02.2567>
Hasna, Amalia, and Abdurrahman, ‘Pengaruh Intellectual Capital Dan Hedging Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening’, Reslaj: Religion Education Social Laa Roiba Journal, 6 (2024) <https://doi.org/10.47467/reslaj.v6i10.5100>
Judijanto, Loso, ‘Evolusi Penelitian Tentang Keuangan Berkelanjutan Dalam Mendorong Ekonomi Hijau’, Jurnal Akuntansi Dan Keuangan West Science, 4 (2025), 40–49 <https://doi.org/10.58812/jakws.v4i01.1950>
Julia, Taslima, and Salina Kassim, ‘Exploring Green Banking Performance of Islamic Banks vs Conventional Banks in Bangladesh Based on Maqasid Shariah Framework’, Journal of Islamic Marketing, 11 (2020), 729<https://doi.org/10.1108/JIMA-10-2017-0105>
Junejo, Safiullah, Dian Masyita, Fatima Zahra Fatih, and Saba Anwar, ‘Unravelling the Drivers of Profitability in Pakistani Islamic Banking: An Investigation of Key Factors’, Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi Dan Pembangunan, 24 (2023), 161–71 <https://doi.org/10.23917/jep.v24i1.21988>
Khan, Ikram Ullah, Zahid Hameed, Safeer Ullah Khan, and Manzoor Ahmad Khan, ‘Green Banking Practices, Bank Reputation, and Environmental Awareness: Evidence from Islamic Banks in a Developing Economy’, Environment, Development and Sustainability, 26 (2024),
Komala, Dinda Luthfiah, ‘Perkembangan Aset Industri Keuangan Syariah Nasional: Analisis Kuartal II 2025’, Kneks, 2025, p. Jakarta <https://kneks.go.id/berita/750/perkembangan-aset-industri-keuangan-syariah-nasional-analisis-kuartal-ii-2025>
Kusumaningrum, Diyah Putri, and Ulfah Setia Iswara, ‘Pengaruh Profitabilitas, Leverage, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan (Studi Kasus Pada Perusahaan Food And Beverage Yang Terdaftar Di Bursa Efek Indonesia)’, Jurnal Ilmiah Akuntansi Dan Keuangan (JIAKu), 1 (2022), 295–312 <https://doi.org/10.24034/jiaku.v1i3.5509>
Marni Putri, Selvi, Rahma Beva Nopiana, and Levia Roza, ‘Literature Review : Rasio Keuangan Pada Perbankan Konvensional Di Indonesia’, Jurnal Akuntansi Keuangan Dan Teknologi Informasi Akuntansi, 5 (2024), 158–69
Nurdahlia, Nurdahlia, Kasmawati Kasmawati, and Rani Munika, ‘The Effect of CAR, NPF, BOPO and FDR on the Profitability of Sharia Commercial Banks Registered in the Financial Services Authority for the 2016-2020 Period’, Jurnal Riset Manajemen Indonesia, 4 (2022), 22
Nurmalasari, Risma, and Abdul Qudus, ‘R Eslaj : Religion Education Social Laa Roiba Journal Terapi Latihan Di RSUD Bandung Kiwari R Eslaj : Religion Education Social Laa Roiba Journal’, 6 (2024), 5867–78
Pertiwi, Ruspita Rani, Jann Hidajat Tjakratmadja, and Hary Febriansyah, ‘Revitalising Indonesian Islamic Banking Performance: A Stakeholder Analysis’, Journal of Islamic Monetary Economics and Finance, 7 (2021),
Rozika, Aura Tania, and Yenni Samri Juliati Nasution, ‘Pengaruh Sistem Informasi Akuntansi Dan Pengendalian Internal Terhadap Kinerja Keuangan Pada PT. Dhirga Surya Sumatera Utara’, Paradoks : Jurnal Ilmu Ekonomi, 8 (2025), 1188<https://doi.org/10.57178/paradoks.v8i3.1510>
Ryan, Beverly, ‘Encyclopedia of Information Science and Technology’, Issues in Science and Technology Librarianship, 2005<https://doi.org/10.29173/istl2003>
Safitri, Ayu, and Zaky Machmuddah, ‘Operating Expenses Operating Income Impact on Financial Performance Conventional Banks in Indonesia’, Journal of Applied Accounting and Taxation, 10 (2025), 161–67 <https://doi.org/10.30871/jaat.v10i1.8938>
Sari, Intan Purnama, and Erric Wijaya, ‘Analisis Perbandingan Camel Pada Bank Bca Syariah Sebelum Dan Selama Pandemi Covid-19’, Journal of Accounting, Management and Islamic Economics, 2 (2024), 267<https://doi.org/10.35384/jamie.v2i1.540>
Satrio Fajar Kesuma, Kusuma Ratnawati, ‘The Influence Of Intellectual Capital On Firm Value : The Mediating Role Of’, 4 (2025), 1–14
Sihombing, Pardomuan Robinson, Ade Marsinta Arsani, Usep Nugraha, and Akhmad Mun, ‘Dalam Berbagai Software’, 2024, 84
Sutrisno, Sutrisno, Agus Widarjono, and Abdul Hakim, ‘The Role of Green Credit in Bank Profitability and Stability: A Case Study on Green Banking in Indonesia’, Risks, 12 (2024),<https://doi.org/10.3390/risks12120198>
Ulfan, Nurkhalifa, Machpudin Asep, and Setiawati Rike, ‘Pengaruh Kecukupan Modal Dan Efisiensi Operasional Terhadap Kinerja Keuangan Perbankan Umum Konvensional Di Bursa Efek Indonesia Periode 2016-2020’, Jurnal Dinamika Manajemen, 9 (2021), 85–98
Widiyanti, Dwi Retno, Sarah Hana Hanifah, and Indri Supriani, ‘Exploring Green Banking Performance of Islamic Banks in Indonesia’, International Journal of Islamic Economics and Finance (IJIEF), 8 (2025), 1–36 <https://doi.org/10.18196/ijief.v8i1.22411>
Yuliyansa, Widia, and Anggun Okta Fitri, ‘Perbankan Syariah Berwawasan Lingkungan Telaah Atas Peluang Dan Hambatan Green Banking’, Jurnal Media Akademik (Jma),(2025)
The author has full rights to the articles that has been sent to Balance: Jurnal Akuntansi Syari'ah. The author is responsible for the originality of the articles and all the references used in the journal script.