Sharia Bank is one of the financial institutions as an intermediary for financial services in Indonesia, this is recorded in the Law of the Republic of Indonesia Number 7 of 1992 concerning Banking, Law of the Republic of Indonesia Number 10 concerning Amendments to Law Number 7 of 1998 concerning Banking, Law of the Republic of Indonesia Number 3 of 2004 concerning Amendment to Law of the Republic of Indonesia Number 23 of 1999 concerning Bank Indonesia, Law of the Republic of Indonesia Number 3 of 2006 concerning Amendment to Law of the Republic of Indonesia Number 7 of 1989 concerning Religious Courts. All of these regulations are the place to implement the mudarabah agreement in Padangsidimpuan City, which I will describe in the discussion below.
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