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All Journal Indonesian Journal of Geography Economic Journal of Emerging Markets Jurnal Studi Pemerintahan Jurnal Pembangunan Wilayah dan Kota Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies Jurnal Pengelolaan Sumberdaya Alam dan Lingkungan (Journal of Natural Resources and Environmental Management) Jurnal Ekonomi & Studi Pembangunan Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Forum Geografi Jurnal Ekonomi Syariah Teori dan Terapan Benefit: Jurnal Manajemen dan Bisnis JAKPP : Jurnal Analisis Kebijakan & Pelayanan Publik Journal of Governance and Public Policy Jurnal Ilmiah Ekonomi Islam JSSH (Jurnal Sains Sosial dan Humaniora) KOLEGIAL : Jurnal Manajemen, Bisnis, dan Akuntansi Liquidity: Jurnal Riset Akuntansi dan Manajemen International Research Journal of Business Studies (E-Journal) Agregat: Jurnal Ekonomi dan Bisnis Jurnal Organisasi Dan Manajemen Jurnal Mandiri Journal of Innovation in Business and Economics BALANCE Jurnal Akuntansi dan Bisnis Dinasti International Journal of Management Science Jurnal Sains Manajemen dan Bisnis Indonesia Aspirasi : Jurnal Masalah-masalah Sosial GEMA : Jurnal Gentiaras Manajemen dan Akuntansi Indonesian Journal of Economics Application (IJEA) Jurnal Ilmu Manajemen Retail Universitas Muhammadiyah Sukabumi (JIMAT UMMI) Jurnal Sosial dan Teknologi Devotion: Journal of Research and Community Service Jurnal Muhammadiyah Manajemen Bisnis (JMMB) Al-bank: Journal of Islamic Banking and Finance Humantech : Jurnal Ilmiah Multidisiplin Indonesia Melati: Jurnal Media Komunikasi Ilmu Ekonomi IIJSE International Research Journal of Business Studies Jurnal Studi Pemerintahan Al-bank: Journal of Islamic Banking and Finance
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Journal : IIJSE

Good Corporate Governance Analysis of the Performance of Maqashid Sharia Bank Muamalat Indonesia Ahmad, Fikri Abdulloh; Yandri, Pitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.5204

Abstract

Measuring the performance of Sharia banking using financial ratios that are currently frequently used, such as ROA, ROE, CAMELS, and so on, is considered unable to describe the true value of Sharia banking. Muhammad, Razak, and Taib developed sharia bank performance measurement based on Abu Zahra's maqashid sharia concept with 3 main objectives, namely tahdzîb alfardi (educating people), iqâmah al-'adl (upholding justice), and jalb al-maslahah (public interest) which later called the Maqashid Syaria Index (MSI). In achieving good maqashid sharia values, of course, good corporate governance is needed. The board of directors, commissioners and also the sharia supervisory board are considered to have an important role in the supervision and direction of sharia bank policy, so they become the main instruments in implementing Good Corporate Governance (GCG). This research examines the influence of internal ownership of directors and commissioners, tenure of directors and commissioners, concurrent DPS positions, and DPS expertise on the performance of Bank Muamalat Indonesia's MSI using panel data regression. The results of this research show that the internal ownership of commissioners, the terms of office of directors and commissioners influence the MSI of Bank Muamalat Indonesia, while the internal ownership of directors, DPS expertise, and dual DPS positions do not influence the MSI of Bank Muamalat Indonesia.