ICO EDUSHA
Vol. 5 No. 1 (2024): Innovation and Transformation: The Utilization of Artificial Intelligence (AI)

Implementation of Risk Management: A Qualitative Study on Bank Syariah Indonesia

Aisyah Sayidul Lintang (Unknown)
Faujiah, Ani (Unknown)



Article Info

Publish Date
06 Jan 2025

Abstract

This study aims to explore the implementation of risk management at Bank Syariah Indonesia (BSI) using a qualitative literature review approach. The research addresses the core issue of managing complex risks in Islamic banking, focusing on six key risks: credit, liquidity, market, operational, reputational, and Sharia compliance risks. The study was motivated by the urgent need to understand Sharia-based risk management strategies amidst the dynamics of the modern financial industry. The findings reveal that BSI has integrated Sharia principles with conventional risk management frameworks. However, challenges such as low Islamic financial literacy, technological adaptation, and consistency in Sharia compliance remain significant barriers. This study provides conceptual insights and recommendations to enhance risk management through technological innovation, public education, and the development of more comprehensive regulations.

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Journal Info

Abbrev

prd

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Education Social Sciences Other

Description

Proceedings of Annual Conference for Education Management and Sharia Economics The journal publishes articles of interest to education practitioners, teachers, education policy makers, and researchers. This journal encompasses research articles, original research report, reviews in Islamic education ...