Analysis of Sharia Financial Sustainability Amid the Global Crisis

This study aims to analyze the sustainability of Islamic finance amid the global crisis, focusing on the internal and external factors that influence it. The global crisis that occurred after the pandemic, geopolitical wars, and global economic instability have put pressureon the financial system, including Islamic financial institutions. This study uses a quantitative approach with secondary data sourced from the financial reports of Islamic banks in Indonesia for the period 2019–2023 obtained from the Financial Services Authority (OJK). The independent variables include operational efficiency (BOPO), non-performing financing (NPF), and asset growth (ASSET), while the dependent variable is the Islamic financial sustainability index (SFSI). The results of multiple linear regression analysis show that operational efficiency and non-performing financing have a significant positiveeffect on Islamic financial sustainability, while asset growth has a significant positive effect. These findings emphasize the importance of strong governance, risk management, and green product innovation in maintaining Islamic financial sustainability during a global crisis.