Open AccessUNIT KEPATUHAN DAN AUDIT INTERNAL BANK SYARIAH DI INDONESIA; SUDAHKAH SESUAI DENGAN PRINSIP SHARIAH GOVERNANCE?
Author(s) -
Muhammad Fakhrul Arrazi
Publication year - 2021
Publication title -
an-nisbah
Language(s) - English
Resource type - Journals
eISSN - 2549-5712
pISSN - 2406-8276
DOI - 10.21274/an.v8i1.3747
Subject(s) - accounting , islam , business , documentation , audit , corporate governance , islamic banking , unit (ring theory) , work (physics) , sharia , internal audit , finance , engineering , geography , mechanical engineering , mathematics education , mathematics , archaeology , computer science , programming language
Shariah governance is crucial in the Islamic banking system to ensure that all commercial operations comply with Islamic principles and differentiate Islamic banking operations from conventional banking. This research discusses the similarities between the practice of the compliance unit and internal audit of Islamic banks in Indonesia and Bank Indonesia/ OJK’s regulations and existing standards. The data for the research were collected through interviews and documentation instrument, and analyzed by using qualitative methods. Based on the analysis, the researcher identified that the work practices of the compliance unit and internal audit of Islamic banks in Indonesia are in line with regulations promoted by Bank Indonesia/ OJK, AAOIFI and IFSB shariah governance, but are still not comprehensive when compared to the Shariah governance framework of Bank Negara Malaysia and the opinions of other practitioners of Islamic Economics.