The Sharia Supervisory Board's (DPS) Role in Sharia Compliance in Sharia Banking
Keywords:
DPS, Sharia compliance, sharia banking, sharia audit proceduresAbstract
This study examines the role of DPS in ensuring Sharia compliance in Indonesian Islamic banking. This study employs the library research method (library research). The primary source of data in this study is library material, which is the primary reference for the topic of this paper. The author conducts a search in the library for materials related to the discussion of this problem, such as articles, journals, and books, and then conducts an analysis. This analysis was conducted using a descriptive analytic approach, which means that the researcher attempted to describe and solve the problems that were discovered. According to the study's findings, three issues concerning the DPS's duties must be addressed: the problem of competence and qualifications; independent problems; and the problem of implementing sharia audit procedures. The author makes recommendations in response to these issues, including standardizing a DPS's competence and qualifications; independent issues that must be clearly regulated in OJK and internal sharia bank regulations; and the problem of sharia audit implementation procedures that must be equated nationally in sharia banking.
References
Adhitama, F., Soediro, A., Farhan, M., & Kusumawardani, M. (2022). Unrevaling Sharia Compliance. 16(2), 257–279.
Andraeny, D. (2021). Corporate Governance and Disclosure of Sharia Compliance: An Insight Based On Aaoifi Standards. Journal of Islamic Finance and Accounting, 4(1), 1–13. https://doi.org/10.22515/jifa.v4i1.3475
Ariadin, A., Pasamai, S., Agis, A., & ... (2020). Shari’ah Compliance Rights in Implementation of Legal Principles on Shari’ah Banking. Budapest International Research and Critics, 3(2), 1530–1541. http://bircu-journal.com/index.php/birci/article/view/1191
Arsyianti, L. D. (2010). the Role of Shariah Supervisory Board in Islamic Financial Industry (Case Study: Iran, Malaysia, and Indonesia). Jurnal Ekonomi Islam Al-Infaq, 1(1), 61–79.
Ashraf, S., Robson, J., & Sekhon, Y. (2015). Consumer trust and confidence in the compliance of Islamic banks. Journal of Financial Services Marketing, 20(2), 133–144. https://doi.org/10.1057/fsm.2015.8
Ermawati, A., Birton, M. N. A., Tarmizi, I., & Muttaqin, M. (2021). Text Contention Behind Sharia Supervisory Board Reports: a Critical Discourse Analysis. Jurnal Akuntansi Dan Keuangan Indonesia, 18(2), 204–219. https://doi.org/10.21002/jaki.2021.11
Faruq, M. (2021). Islamic banking sharia compliance on currency transactions. Jurnal Suara Hukum, 4, 407–426. https://journal.unesa.ac.id/index.php/suarahukum/article/view/12315
Firdaus. (2019). THE PROBLEM OF SHARI’AH BANKS IN APPLYING ISLAMIC LAW. JURNAL KAJIAN DAN PENGEMBANGAN UMAT, 2(1), 14–22.
Hendra, G. I. (2017). Analysis of the effect of Shariah supervisory board (SSB) function on earning quality of Islamic banks. Tazkia Islamic Finance and Business Review, 10(2), 143–161.
Ilyas, R. (2021). Peran Dewan Pengawas Syariah Dalam Perbankan Syariah. JPS (Jurnal Perbankan Syariah), 2(1), 42–53. https://doi.org/10.46367/jps.v2i1.295
Karimah, I. (2022). Between Legal Risk and Sharia Risk in Islamic Banking: How Shariah Governance Address the Problem. Diponegoro Law Review, 7(1), 88–105. https://doi.org/10.14710/dilrev.7.1.2022.88-105
Makmur. (2019). Efektivitas Kebijakan Kelembagaan Pengawasan. Refika Aditama.
Nur, A., Naridha, F., & Fah Setyowati, R. ’. (2020). Optimizing the Performance of The Sharia Supervisory Council in Sharia Financial Institutions. Jpcl, 4(2), 66–89. https://journal.unnes.ac.id/nju/index.php/jpcl
Prabowo, B. A. (2020). Reputation Oversight by the Sharia Supervisory Board Toward Wakalah Contract Application on Murabahah Financing. 436(40), 775–781. https://doi.org/10.2991/assehr.k.200529.164
Prabowo, B. A., & Jamal, J. Bin. (2017). Peranan Dewan Pengawas Syariah terhadap Praktik Kepatuhan Syariah dalam Perbankan Syariah di Indonesia. Jurnal Hukum IUS QUIA IUSTUM, 24(1), 113–129. https://doi.org/10.20885/iustum.vol24.iss1.art6
Sebayang, S. (2020). Manajemen Kepatuhan Dan Meningkatkan Kesehatan Perbankan Syariah. Jurnal Kajian Ekonomi Dan Kebijakan Publik, 5(2), 181–197. https://journal.pancabudi.ac.id/index.php/jepa/article/view/902/853%0Ahttp://www.elsevier.com/locate/scp
Setiawan, R. A. (2021). Sharia Compliance Risk in Islamic Bank: Does Indonesia Need To Adopt New Sharia Risk Rating Approach ? JURNAL ILMIAH MIZANI: Wacana Hukum, Ekonomi, Dan Keagamaan, 8(2), 133. https://doi.org/10.29300/mzn.v8i2.5774
Silvia, F., Leksono, K., & Anand, G. (2018). the Characteristics of Sharia Compliance in the Settlement of Sharia Economic Disputes in Indonesia. 131(Iclgg 2017), 113–126. https://doi.org/10.2991/iclgg-17.2018.15
Ullah, S., & Lee, K. H. (2012). Do customers patronize Islamic banks for Sharia compliance. Journal of Financial Services Marketing, 17(3), 206–214. https://doi.org/10.1057/fsm.2012.18
Waqqosh, A., Yusfa, F. H., Sudiarti, S., Fadillah, T. D., & Al Amin, H. (2021). The Role Of The Sharia Supervisory Board (DPS) In Supervision Of Contract Implementation At The Binjai Branch Bri Sharia. E-Mabis: Jurnal Ekonomi Manajemen Dan Bisnis, 22(1), 71–78. https://doi.org/10.29103/e-mabis.v22i1.657
