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Performance Evaluation of Sharia Rural Banks: Maqashid Shariah Index Approach (Case Study: Sharia Rural Banks in West Java, Indonesia)

Sharia Bank

  • ISSN: 2961-712X

Index Akreditasi Jurnal: International Journal Indexed (Copernicus dan / atau DOAJ)

Tanggal Publikasi: 30 Jun 2024

Abstrak

This study aims to measure the performance of Sharia Rural Banks in West Java using the maqashid sharia approach by Abdul Majid Najjar. The sample used in this study consists of 9 rural banks spread across West Java. The research data employed are secondary data in the form of financial reports for the year 2023 sourced from the Indonesia Financial Services Authority (OJK) website and governance reports for the year 2023 sourced from the official websites of each Sharia Rural Banks. The results of the study indicate that BPRS Al Salaam Amal Salman achieved the highest maqashid sharia score, followed by BPRS PNM Mentari and BPRS Almadinah Tasikmalaya Perseroda as the top three Sharia Rural Banks in West Java with the highest maqashid sharia index scores. Further analysis at the consequence level reveals that "Self" is the consequence with the highest average score compared to other consequences. Meanwhile, the consequence "Intellect" shows the lowest maqashid performance score. This study is expected to serve as a foundation for sharia banks to enhance the implementation of sharia values in their operational practices. Additionally, this study can contribute to a deeper understanding of the compliance of sharia financial institutions with the principles of maqashid sharia at the regional level.

Keyword

Maqashid Sharia Index; Sharia Rural Banks; Indonesia

Sitasi

Antonio, M. S., Sanrego, Y. D., & Taufiq, M. (2012). An Analysis of Islamic Banking Performance: Maqashid Index Implementation in Indonesia and Jordania. Journal of Islamic Finance, 1(1), 2289–2109. Ascarya, A., & Sukmana, R. (2017). Measuring the Islamicity of Islamic Bank in Indonesia and Other Measuring the Islamicity of Islamic Bank in Indonesia and Other Countries Based on. Measuring The Islamicity of Islamic Bank in Indonesia and Other Countries Based on Shariah Objectives, October 2016. Firdaus, A. (2014). Maslahah Performa (MaP): Sistem Kinerja untuk Mewujudkan Organisasi Berkemaslahatan (1st ed., Issue Maret, p. 367). Deepublish. https://doi.org/10.13140/RG.2.1.3568.9042 Furqani, H., & Mulyany, R. (2009). Islamic Banking and Economic Growth: Empirical Evidence from Malaysia. Journal of Economic Cooperation and Development, 30(2), 59–74.

Link Publikasi
10.55299/ijec.v3i1.916