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Journal : Journal of Islamic Economics Lariba

An analysis of musharakah agreement due to the bank's negligence in implementing prudential banking principle: The case of jurisprudence at the Supreme Court Cassation Verdict Number 624 K/Ag/2017 Armaini, Sri; Said, Muhammad
Journal of Islamic Economics Lariba Vol. 9 No. 2 (2023)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/jielariba.vol9.iss2.art6

Abstract

This study analyzed the Supreme Court Cassation Verdict Number 624 K/Ag/2017, regarding the musyarakah agreement between the customer and PT. Bank Sumut Padangsidimpuan Branch, in which the latter had disbursed financing to the customer before the issuance of a life insurance policy letter. The focus of the research was to investigate the settlement of the musharakah agreement due to the negligence of the bank which resulted in the customer’s obligation to pay the remaining debt based on the Supreme Court Cassation Verdict Number 624 K/Ag/2017. The study used a qualitative research approach with a case approach, statute approach, and conceptual approach. This study concludes that based on the Compilation of Sharia Economic Law (Kompilasi Hukum Ekonomi Syariah or KHES) Articles 209-210 if one of the parties in the agreement dies, the contract ends, and the loss caused by the death of the mudharib is borne by the owner of the capital. Therefore, even though in a musyarakah contract there is a mix of assets of both customers and Islamic banks. However, because the bank was negligent in their prudential banking principles practice and this action was against the law, then in regards to the legal protection theory, the losses experienced from the musyarakah contract should have been borne by the bank as a form of punishment for the unlawful act due to negligence in implementing the prudential banking principle.
Co-Authors A. Taufik Arief Aam Rusydiana, Aam Abd. Rahman Abdillah, Fardan Abdul Wahab Mohammad, Abdul Adipati Napoleon Ady Mara, Ady Afreni Hamidah Agustiarini, Vitri Ahadito, Bijak Rihandi Akbar, Firman Muhammad Abdurrohman Alfarado, Daniel Anang Wahid M.Diah Anggreini, Fevica Dwi Aprianti, Tine Ariandi, Muhammad Amir Armaini, Sri Awaliyah, Annisa Nurhikmah Bambang Yudono Bayinah, Ai Nur Bijak Riyandi Ahadito Bustan Bustan, Bustan Cendhikalistya, Gustrin Oktaviayu Dahliana, Andi Besse Danovan, Seno David Bahrin Dedi Rohendi Desnelli Desnelli Dhamayanti, Erika Dwipayana, Hendra Eddy Ibrahim Elisa Nurnawati Fatma Fatma Fauziah, Fenty Ferlinahayati Ferlinahayati Gaffar, Farida Giri Dwinanda Haqibul Mujib Hasanudin Hasanudin Hasanudin Hayati, Tiara Nur Heni Yohandini Hidayat, Raihan Ibrahim Ibrahim Ida Ayu Putu Sri Widnyani Ikram, Ahmad Indriyanti Izzudin, Muhammad Jam'an, Andi Jumadi Jumadi Kuswandi Kuswandi Lambang Basri Said Leily Nurul Komariah Maesarah, Aolia Miftahul Jannah Mirani, Mirani Mirna Mirna mohamad jamil Muhammad Faisal Muhammad Faizal Muhammad Hendri Muhammad Nur Muhammad Taufiq Muhammad Yunus Muhammad, Firman Muharam, Akbar Malik Muhyin, Muhyin Musifa, Eva Nafis, Muhammad Cholil Nani Nagu Nova Yuliasari Novia Novia Nurlailia, Umi Nurlisa Hidayati Nurusshobah, Nurusshobah Okzani, Syahrial Paizin, Khaerul Pardi, M. Habib Husnial Pawesty, Enik Poedji Loekitowati Hariani Pratama, Syahrul Rahmawati, Rahmawati Rasiam, Rasiam rendana, muhammad Restika, Indah RINI RINI Rizki, Widya Twiny Rizkiani, Delisa SABARUDDIN, . Sabbahatun, Sri Safitri, Siska Said, Muhammad Ide Sakmawati, Sakmawati Sakur Jaelani, Muammad Satria Jaya Priatna, Satria Jaya Selpiana, Selpiana Siti Asiah Siti Rozaimakh Sheikh Abdullah, Siti Solly Aryza Sri Mulyani Sabang Subroto Subroto Suci Wulandari Suheyanto Suheryanto Sulaiman, Adibah Suparta, Munzier Suprani, Yun - Surahman Amin, Surahman Suroso, Eddy Suswanto, Riza Eko Suyuti DM, Yusnan Syahrir, Dimas Kenn Syarif Hidayattullah, Ahmad Syarkawi, Mukhtar Thahir Tahir, Muh. Tarmizi Taufiq Hanafi , Azizan M Tsani, Musmuliadi Umiyati Umiyati, Umiyati Urmila, Rafiatul Usnawati , Ulya Vilantina, Vilantina Wahana, Syainullah Wahyudi, Ickhsanto Widia Purwaningrum Wijaya, Yonggi Yama, Indo Yazila, Syukran Yun Suprani, Yun Yusran Haskas Yusro Hakimah, Yusro Zahra, Inas Afifah Zainal Fanani