Critical Study the Application of the Principle of Profit Sharing in Syirkah Mudharabah and Musyarakah in Islamic Banking
Abstract
The existence of a syari’ah bank in accordance with shari’ah principles has answered some of the problems of the banking system in accordance with the wishes of the Muslims. In practice, there arose suspicion and dissatisfaction from customers of the Syari’ah Bank which had not fully implemented the Shari’ah principles. The application of accounting to Syari’ah banking institutions currently still faces obstacles caused by internal and external factors. This study aims to find out whether the principle of profit sharing has been applied in the preparation of financial statements as the basis for profit sharing in syirkah mudharabah and musyarakah. The research methods used in this study are qualitative methods with critical theory. The study was conducted on the application of the profit sharing system applied to financing with the Mudharabah and Musyarakah contract in Islamic financial institutions. The results of the research show that the concept of profit sharing that is applied is revenue sharing, the use of revenue sharing method is based on the existence of the principle of conservatism applied in Islamic financial institutions
Keywords: Syari’ah Bank, profit sharing, Quality of Financial Statements, Musyarakah, Mudharabah.
References
[1] Antonio, Muhammad Syafi’i (1999), Bank Syariah Wacana Ulama dan Cendikiawan. Bogor: Tazkia Institute
[2] Anis Chairi (2011), Materi Workshop Metode Penelitian Kualitatif, Di sampaikan dalam acara Diskusi Ilmiah, Program Studi Akuntansi-Universitas Pendidikan Indonesia.
[3] Ali, M and Sarkar, A. A. (1995). ”Islamic Banking: Principles and Operational Methodology”. Thoughts on Economics, Vol. 5 No. 3 & 4. July-December 1995. Dhaka: Islamic Economics Research Bureau.
[4] Ahmad, S., 2004, Islamic Banking and Finance in The Contemporary World, DISSERTATION, diakses melalui: http://www.xlri-dubai.net/
[5] M.Amin Aziz, 1992, Mengembangkan Bank Islam di Indonesia, Bankir, Jakarta.
[6] Björklund,Irene. 2004. Islamic Banking: An Alternative System, Dissertation, Kristianstad University College diakses melalui: http://www.islamic-banking.com
[7] Antonio, Muhammad Syafi’i. 2001. Bank Syariah: Dari Teori ke Praktik. Jakarta: Gema Insani Press.
[8] Suwarno, 2005. Analisis Hambatan Dalam Penerapan Akuntansi Syariah pada Bank Syariah: Studi Kasus pada Bank Amal Sejahtera dan Bank Syariah Mandiri, Tesis. Universitas Airlangga.
[9] Sarker, A.A. 1999. Islamic Bussiness Contract, Agency Problem and Theory Of Islamic Firm, International Journal Of Islamic Financial Service. Vol. 1 No. 2 July-September
[10] Umer Chapra, Sistem Moneter Islam, Jakarta, Gema Insani, 2000
[11] Yaya, Rizal. 2001. From Conventional Accounting to Islamic Acconting, Does it need A slight or Extensive Overhaul? Jurnal Akuntansi dan Auditing Indonesia Vol.5 No 2 Desember 2001