Maqasid Shariah ratio is operationalized based on Maqasid Shariah
objectives. Shariah fraternity, such as scholars, investors, and customers, is still assessing how the
business, specifically the financial institutions, delivers Maqasid Shariah's objectives according to their
business goals. Thus, this becomes a genuine concern for society, especially the users of the financial
information and shariah financing or investing customers, depositors, or borrowers. Therefore, this
study intends to examine the application level of Maqasid Shariah objectives by Islamic banks using
their financial reporting data.