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M. Shabri A. Majid
Universitas Syiah Kuala
Economics, Econometrics & Finance

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Sistem Keuangan Islam dan Konvensional: Sebuah Studi Literatur Asmaul Husna; Julfan Saputra; M. Shabri A. Majid; Marliyah; Rita Handayani
Jurnal EMT KITA Vol 6 No 1 (2022): JANUARY-JUNE 2022
Publisher : Lembaga Otonom Lembaga Informasi dan Riset Indonesia (KITA INFO dan RISET) - Lembaga KITA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/emt.v6i1.546

Abstract

The Islamic Financial System is an implementation of the teachings of Islamic economics. So, the values contained in Islamic teachings must be realized in the Islamic financial system. But in reality, many criticisms are related to the Islamic financial system. This paper is a literature review that aims to determine the Islamic and conventional financial systems. This research uses an approach using Publish and Perish software to collect journal articles that are relevant to the purpose of this research. The contents of the collected articles were analyzed to get a conclusion. The main findings of this study indicate that the orientation of the Islamic financial system is profit and falah oriented while the conventional financial system is only profit-oriented, the conventional financial system must pay attention to the principle of justice in its operations so as not to harm the community.
Krisis Keuangan Masa Depan dan Sistem Keuangan Baru Anggi Pratiwi Sitorus; Mahlel; M. Shabri A. Majid; Marliyah; Rita Handayani
Jurnal EMT KITA Vol 6 No 1 (2022): JANUARY-JUNE 2022
Publisher : Lembaga Otonom Lembaga Informasi dan Riset Indonesia (KITA INFO dan RISET) - Lembaga KITA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/emt.v6i1.561

Abstract

The financial crisis is basically a condition of the economy experiencing a rapid decline caused by the demand for money that exceeds the supply of money due to the occurrence of a large bank rush. In order to seek more accurate monitoring and review of the stability of the banking system and national financial system in order to avoid the recurrence of systemic risk, in the event that the supervisory and supervisory duties of banks have been separated from Bank Indonesia, then Bank Indonesia as the central bank needs to be authorized to be able to directly access reliable data in the banking sector. The study uses a descriptive qualitative approach with research findings that the impact of the crisis on the economy has proven to have a bad impact on the Indonesian economy and as has been explained that the economic crisis, especially the financial crisis, has a repeating period, meaning that if a country has ever been affected by an economic crisis, it will not be affected by the economic crisis. the country will soon be free from the economic crisis because it might happen again. And financial system stability is a condition in which economic mechanisms in pricing, allocation of funds, and risk management function properly and support economic growth.
Co-Authors Anggi Pratiwi Sitorus Asmaul Husna Julfan Saputra Mahlel Marliyah Rita Handayani