The Influence of Shari’ah Supervisory Board Characteristicson Shari’ah Disclosuresof Indonesia Islamic Financial Institution

Abstract

The intention of this paper is to analyze the role of the interfaces of the Shari'ah Supervisory Board on Shari'ahahDisclosures.The population in this study are financial institutions that administer transactions in Indonesian Islamic banking based on the principles of Shari'ah. An Islamic financial institution registered with the Central Bank of Indonesia is a sample of this project. Data collected from the Central Bank of Indonesia website and from websites that are part of the sample of the organization. Final sample of 90 Islamic banks' annual reports in 2010-2018.Utilizing multiple regression analysis showed the impact of regression analysis SSB Qualification and SSB Experiences on Shari’ah Disclosures.The result showed that SSBqualificationsdo not influence Shari’ah Disclosures. However,SSB Experience showeda positive effect on Shari’ah Disclosures.The finding provides useful insight in formulating shari’ah compliance disclosure particularly among Islamic Financial Institution in Indonesia.

The Effect of Sharia Supervisory Board Characteristics and Sharia Compliance on Islamic Social Reporting Disclosure (Financial Performance as a Moderating Variable)

“…The third level educational background of SSB members who are not from Muamalah Fiqh, Economics or Banking is the cause. This analysis is also strengthened by the opinion of Fakhruddin (2021) which states that the majority of SSB members appointed by Sharia Bank only have influence as ulama and not because of an economic or banking background.…”