Implementation of Mudharabah Contract On Sharia Bank Financing Products In Indonesia

Ahmad Kamil Ihsani, Asyari Hasan

Abstract


This study investigates how Indonesian Islamic Banks implement mudharabah contracts on financing product. This study uses descriptive research, namely research that defines facts, data, and information gathered from published studies such as books and journals to research findings relevant to the research topic. According to this study, the development of Islamic banks in Indonesia has seen positive growth. One of the products offered by Islamic banks is financing products. This financing is accomplished through the use of various contracts, one of which is the mudharabah contract, which employs a profit-sharing system. This profit-sharing system will be devoted to customers who apply for financing from Islamic Banks that are used to run businesses owned by customers. In the process, the bank will carry out several stages and procedures such as verification to determine the provision of such financing to customers. If it has been verified, the Bank will provide funds or capital to the client to be managed. The customer’s results or profits will be divided between both the customer and the bank under the terms of mudharabah contract. In the process of implementation, this mudharabah contract is based on Islamic law such as the Qur'an and al-Hadith as well as legislation such as MUI fatwas, PSAK as well as OJK, and Bank Indonesia policies.

Keywords


Mudharabah Contract, Financing Products, Islamic Bank

Full Text:

PDF

References


Anggraeni, Dinda Dewi, Nur Diana, and Harun Alrasyid. "Pengaruh Pengetahuan Nasabah, Reliogiousity Dan Lingkungan Sosial Terhadap Minat Menabung Menggunakan Bank Syariah (Studi Kasus Mahasiswa Universitas Islam Malang)." El-Aswaq: Islamic Economics and Finance Journal 3.1, 2022.

Fadhilah, Nurul, and Achmad Tohirin. "Comparing the Return on Mudharabah Deposit and The Return on Equity: Assessing the Fairness in Indonesian Islamic Banking Industry." Mutanaqishah: Journal of Islamic Banking 1.1: 1-20, 2021.

Haryanto, Steven, Athor Subroto, and Maria Ulpah. "Disposition effect and herding behavior in the cryptocurrency market." Journal of Industrial and Business Economics 47.1: 115-132, 2020.

Ibrahim, Muhammad Yusuf, and Indra Indra. "An Empirical Analysis of Islamic Banking (IBs) Contribution to Indonesia’s Inclusive Growth." International Journal of Islamic Economics and Finance (IJIEF) 4.SI: 87-120, 2021.

Iltiham, Muhammad Fahmul. "Implementasi Akad Mudharabah Berdasarkan PSAK 105 tentang Akuntansi Mudharabah dan Fatwa DSN MUI pada Produk Pembiayaan." Jurnal Ekonomi Islam 11.1: 21-38, 2019.

Israhadi, Evita Isretno. "Implementation of Investment Funds Sharing Agreement in Sharia Banking System in Indonesia." Diponegoro Law Review 5.1: 77-91, 2021.

Keuangan, Otoritas Jasa. "Seri Standar Produk Perbankan Syariah 5, Standar Produk Mudharabah.", 2019.

Lailatullailia, Dian, Arin Setiyowati, and Abdul Wahab. "The Role of Sharia Banks as Nazhir Partners in the Management of CWLS Retail SWR001 Investment Products." Perisai: Islamic Banking and Finance Journal 5.1: 95-95, 2021.

Malini, Helma. "Islamic Bank Sustainability in Indonesia: Value and Financial Performances Based on Social Responsibility and Green Finance." Cepalo 5.2: 93-106, 2021.

Mubarrok, Ujang Syahrul, Zufia Rahmawati, and Dzikrulloh Dzikrulloh. "A Retrospective Review of the International Journal of Islamic Economics and Finance (IJIEF)." Dinar: Jurnal Ekonomi dan Keuangan Islam 9.1: 1-15, 2022.

Mukti, Hagi Hutomo. "Development of Indonesian Sharia Banks with Malaysia Comparation Method (Study of History, Products and Legal Assets)." Lambung Mangkurat Law Journal 5.1: 75-86, 2020.

Ningsih, Mardhiyatur Rosita, and Muhammad Syarqim Mahfudz. "Dampak pandemi covid-19 terhadap Manajemen Industri Perbankan Syariah: Analisis Komparatif." POINT: Jurnal Ekonomi Dan Manajemen 2.1, 2020.

Octrina, Fajra, and Alia Gantina Siti Mariam. "Productivity of Islamic Banking in Indonesia." Jurnal Perspektif Pembiayaan dan Pembangunan Daerah 9.1: 19-28, 2021.

Puspita, Mega. "Peningkatan Pembiayaan Mudharabah pada Bank Syariah: Telaah Konseptual." Prosiding Industrial Research Workshop and National Seminar. Vol. 12, 2021.

Putriani, Tisa Arifi, and Muhammad Fahmul Iltiham. "Implementasi Akad Mudharabah Berdasarkan Psak 105 tentang Akuntansi Mudhrabah dan Fatwa DSN MUI pada Produk Pembiayaan di Bank Syariah Mandiri KCP Lawang." Malia: Jurnal Ekonomi Islam 11.1 (2019): 21-38.

Ratnasari, Rida Hesti. "Understanding the Islamic Banking System in Indonesian Modern Economics Practices." International Journal of Business, Economics & Management 3.1: 212-218, 2020.

Supriatna, Supriatna, Irpan Helmi, and Nurrohman Nurrohman. "Mudharabah Scheme within the Islamic Banking: Profit Sharing and Associated Problems in IT." Kodifikasia: Jurnal Penelitian Islam 14.2: 235-262, 2020.

Umam, Fachru Nurul, Annisa Nur Salam, and Achmad Rizal. "Determinants of Mudharabah Term Deposit: A Case of Indonesia Islamic Banks." Journal of Economics Research and Social Sciences 5.2: 167-180, 2021.

Wibisono, Yusuf. "Analysis of Implementation of Mudharabah and Wadiah Contracts." Assets: Jurnal Ilmiah Ilmu Akuntansi, Keuangan dan Pajak 5.1: 9-16, 2021.

Yuspin, Wardah, Arinta Dewi Putri, and MH SH. Rekonstruksi Hukum Jaminan pada Akad Mudharabah. Muhammadiyah University Press, 2020.




DOI: http://dx.doi.org/10.35931/aq.v17i1.1786

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Al Qalam: Jurnal Ilmiah Keagamaan dan Kemasyarakatan

Al Qalam: Jurnal Ilmiah Keagamaan dan Kemasyarakatan

index by:

              

Publish by:

Sekolah Tinggi Ilmu Al-Qur'an Amuntai

Contact us:

Address: Jl. Rakha Pakapuran, Amuntai Utara
Kabupaten : Hulu Sungai Utara
Kode Pos : 71471
Provinsi : Kalimantan Selatan
Telephone : 085251613000
Email: hafizhihusinsungkar@gmail.com

 

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.