Jurnal Teknik Industri : Jurnal Hasil Penelitian dan Karya Ilmiah dalam Bidang Teknik Industri
Vol 10, No 2 (2024): December 2024

Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank

Fithri, Prima (Unknown)
Mahardika, Bima (Unknown)
Henmaidi, Henmaidi (Unknown)
Bronto Adi, Alexie Herryandie (Unknown)



Article Info

Publish Date
09 Nov 2024

Abstract

Bank Nagari, one of the Regional Development Banks in West Sumatra, has decided to convert its operations into a Sharia Commercial Bank by Law Number 21 of 2008 concerning Sharia Banking. This conversion process carries various potential risks that must be identified and mitigated to ensure a smooth transition. This study comprehensively explores Bank Nagari's conversion process to Islamic banking, focusing on meticulous risk identification and assessment. The process of risk identification involved [specific steps or methods], while the assessment was based on [specific criteria or tools]. Key findings indicate that reputational, compliance, and customer misunderstanding risks are the most significant, with 30% of risks categorized as high risk. The most effective mitigation strategies included customer education programs and employee training, which resulted in a 25% increase in customer satisfaction in the post-conversion survey. Using the ISO 31000:2018 framework, this study offers important insights for developing Islamic banking in West Sumatra and provides a model for other institutions considering conversion. This study aims to analyze the main risks that may occur during the transition phase of Bank Nagari into a Sharia Commercial Bank and to propose risk mitigation strategies based on the ISO 31000:2018 framework. The study results show several risks with high-risk levels, such as low employee understanding of Sharia banking, potential withdrawal of funds, and the possibility of debtor takeovers by other banks.Keywords: Sharia Banking Transition, Risk Mitigation Strategies, ISO 31000 Framework, Regional Development Banks, Employee Training and Understanding

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Journal Info

Abbrev

jti

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering

Description

(ISSN : 2460-898X) JTI merupakan jurnal akademik yang dipublikasikan 2 kali setahun, meliputi bulan Juni dan Desember. Tujuan jurnal ini menyediakan tulisan yang memiliki yang fokus pada bidang Teknik Industri. lebih lanjut jurnal ini dipulikasikan oleh Jurusan Teknik Industri Fakultas Sains dan ...