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Endang Suriyani Munthe
Jurusan Perbakan Syariah Fakultas Ekonomi Dan Bisnis Islam, Universitas Islam Negeri Sumatera Utara

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Perbankan Syariah Di Oman Servina Rahayu; Endang Suriyani Munthe; Khaidar Rahmaini Jamila
Jurnal Ekonomi dan Bisnis Digital Vol. 3 No. 2 (2025): Oktober - Desember
Publisher : CV. ITTC INDONESIA

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Islamic banking in Oman began to develop following the implementation of the Islamic Banking Regulatory Framework by the Central Bank of Oman in 2011. This study aims to examine the development of Islamic banking in Oman, including its history, regulations, contracts, products, and the challenges it faces. The research employs a qualitative approach using a library research method. The findings indicate that Islamic banking in Oman has experienced relatively rapid growth, supported by a strong regulatory framework and the adoption of international standards. However, the industry still faces several challenges, such as low public literacy, limited human resources, insufficient Islamic liquidity instruments, and intense competition with conventional banks. Therefore, strengthening regulations and further industry development strategies are needed to enable Islamic banking to contribute optimally to Oman’s economy.
Penerapan Good Corporate Governance Endang Suriyani Munthe; Putri Ramadani; Salwa Latipah; Syairah Nasution; Ahmad Wahyudi zein
Jurnal Ekonomi dan Bisnis Digital Vol. 3 No. 2 (2025): Oktober - Desember
Publisher : CV. ITTC INDONESIA

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Abstract

The implementation of Good Corporate Governance (GCG) is a fundamental aspect in achieving sustainability and improving company performance amidst the increasingly complex dynamics of the business environment. GCG functions as a set of systems, principles, and mechanisms that regulate and control relationships between stakeholders to create healthy, transparent, and responsible company management. The main principles of GCG, namely transparency, accountability, responsibility, independence, and fairness, are an important foundation in ensuring that every company activity is carried out in accordance with regulations, business ethics, and the interests of all stakeholders. This study aims to assess the effectiveness of the implementation of Good Corporate Governance in supporting company performance and reputation. The research method used is a qualitative approach with a case study design, which allows researchers to gain an in-depth understanding of GCG practices in the real context of the organization. Data were collected through document analysis, observation, and interviews with relevant parties. The results of the study indicate that good GCG implementation can increase stakeholder trust, strengthen the internal control system, and minimize the potential for irregularities such as corruption, collusion, and nepotism. In addition, GCG implementation also contributes to creating more objective and long-term oriented decision-making. The Indonesian economic crisis of 1997–1998 was a crucial turning point in raising awareness of the urgency of implementing good corporate governance. The crisis exposed the weaknesses of corporate oversight and governance systems, thus recognizing GCG as a crucial strategy for building business sustainability and maintaining a company's reputation at the national and global levels.