Examining the Impact of Green Loans and Green Investment on Credit Growth in Indonesian Islamic Banks
DOI:
https://doi.org/10.33633/jekobs.v5i3.17958Keywords:
Green Loan, Green Investment, Credit Growth, Islamic Banking, Sustainable FinanceAbstract
The implementation of sustainable finance in Indonesia has accelerated following the issuance of Financial Services Authority Regulation Number 51/POJK.03/2017, which encourages Islamic banks to integrate environmental and social considerations into their financing activities. This study aims to examine the effect of green loans and green investment on credit growth at Bank Syariah Indonesia using a quantitative approach based on Stakeholder Theory, Signaling Theory, and Pecking Order Theory. Secondary data were obtained from the monthly financial reports of Bank Syariah Indonesia for the period January 2023 to December 2024 and analyzed using multiple linear regression with EViews. The results indicate that both green loans and green investment have a positive and significant effect on credit growth. These findings suggest that sustainable finance practices can strengthen the intermediation function of Islamic banking while supporting sustainable credit growth. Implementasi keuangan berkelanjutan di Indonesia semakin berkembang sejak diterbitkannya Peraturan Otoritas Jasa Keuangan Nomor 51/POJK.03/2017 yang mendorong perbankan syariah untuk mengintegrasikan aspek lingkungan dan sosial dalam kegiatan pembiayaan. Penelitian ini bertujuan menganalisis pengaruh green loan dan green investment terhadap pertumbuhan kredit pada Bank Syariah Indonesia dengan menggunakan pendekatan kuantitatif yang didasarkan pada Stakeholder Theory, Signaling Theory, dan Pecking Order Theory. Data sekunder diperoleh dari laporan keuangan bulanan Bank Syariah Indonesia periode Januari 2023 hingga Desember 2024 dan dianalisis menggunakan regresi linier berganda dengan EViews. Hasil penelitian menunjukkan bahwa green loan dan green investment berpengaruh positif dan signifikan terhadap pertumbuhan kredit. Temuan ini mengindikasikan bahwa penerapan keuangan berkelanjutan mampu memperkuat fungsi intermediasi perbankan syariah sekaligus mendukung pertumbuhan kredit yang berkelanjutan.References
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