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All Journal Jurnal Pengabdian UntukMu NegeRI EKONOMIS : Journal of Economics and Business J-MAS (Jurnal Manajemen dan Sains) ILTIZAM Journal of Sharia Economic Research Develop Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Jurnal Pengabdian kepada Masyarakat Jurnal Development Empowerment Journal West Science Islamic Studies Jurnal Abdimas UM Jambi
Putra, Iwan Eka
Universitas Muhammadiyah Jambi
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Computer Science & IT Economics, Econometrics & Finance Education Environmental Science Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Transportation Other

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Journal : West Science Islamic Studies

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Synergy of the National Sharia Board and the Financial Services Authority in the Development of Sharia Financial Regulations in Indonesia Ermaini, Ermaini; Arniwita, Arniwita; Putra, Iwan Eka; Ridwan, Mohammad; Munzir, Munzir; Sudarmanto, Eko
West Science Islamic Studies Vol. 3 No. 02 (2025): West Science Islamic Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsiss.v3i02.1831

Abstract

This study examines the synergy between the National Sharia Board (Dewan Syariah Nasional, DSN) and the Financial Services Authority (Otoritas Jasa Keuangan, OJK) in developing sharia financial regulations in Indonesia. Employing a qualitative research approach, the study focuses on data obtained from semi-structured interviews with three informants, comprising a DSN representative, an OJK official, and a sharia finance expert. Key findings reveal the importance of collaborative decision-making, role clarity, structured communication mechanisms, and capacity building in ensuring effective regulation. However, challenges such as delays in policy integration and difficulties in addressing financial technology innovations persist. This research highlights the critical role of synergy between religious and regulatory institutions in fostering the growth of the sharia finance sector, positioning Indonesia as a global leader in Islamic finance.
Co-Authors Abd Halim Ade Irma Suryani Adi Putra AGESHA MARSYAF Ahmad Soleh Arniwita, Arniwita Asrini Asrini Deca Veronica Ediansa, Oka Ermaini Ermaini Etik Winarni Etik Winarni Etik Winarni, Etik Fahmi, Ali Gustinar, Gustinar Guswati, Jeni Vira Halim, Abd Hario Tamtomo Harly, Aulia Yunicha Hendra Kurniawan Hendri Purnandi Ika Dwi Maya Ikhsan Akbar Muslim Iqra Wiarta Irmanelly, Irmanelly Jezzyca Ria Paramita Mainita Marsyaf, Agesha Mayesti, Indria Mohammad Ridwan Muhammad Amali, Muhammad Muhammad Arif Mukti Munzir Munzir, Munzir Mustika Mustika Mustika Mutia Wita Prasetia Neldawati, Rika Ningrum, Azizah Septia Oktarina, Desti Pahlevi, Ilham Permana, Sendy Piety, Adinda Maharani Rika Neldawaty Riza, Faizal Sari, Yolanda SISWOYO Sri Muryati Subhanjaya Angga Atmaja Sudarmanto, Eko Suherman Suherman, Suherman Yaakub, Saleh Yorina An’guna Bansa Yuliska Putri Amanda Yunie Rahayu Zulfikri Akbar