CURRENT ISSUES OF ISLAMIC FINANCIAL INSTITUTION SUSTAINABILITY REPORTS
Abstract
Abstract: Indonesia is one of the countries participating in the declaration of Sustainable Development Goals (SDGs) at the UN main office. The achievement of SDGs by sharia financial institutions is supported by government regulations in OJK Regulation Number 51/POJK.03/2017 concerning the Implementation of Sustainable Finance for Financial Services Institutions, Issuers and Public Companies. The purpose of writing this article is to find out what issues relate to the reporting of sustainable sharia financial institutions. The research method used is literature study. The results of this research include that sustainability reports are more than just operational performance reports related to ESG but are also strategic assessment tools and communication platforms with investors and other interested parties. Sharia financial institutions should be the driving force for the SDGs. The various standards for preparing sustainability reports have not yet reached optimal standardization. Inconsistent global ESG measurement standards cause investors to be more detailed in making decisions. Sharia financial institutions can easily carry out integration strategies. Financial inclusion and community empowerment can be utilized to achieve the SDGs through Sharia Microfinance Institutions. Keywords: Sustainability Reports, Islamic Financial InstitutionReferences
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