Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia

Research Article

Difference Analysis of Interest Rate and Revenue Theory System on Banking

Download737 downloads
  • @INPROCEEDINGS{10.4108/eai.20-1-2018.2282445,
        author={Haris  Al Amin and Dahlan  Abdullah and M  Heikal and Wahyuddin  Albra and Syawal  Harianto},
        title={Difference Analysis of Interest Rate and Revenue Theory System on Banking},
        proceedings={Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia},
        publisher={EAI},
        proceedings_a={WMA-1},
        year={2019},
        month={9},
        keywords={conventional bank dual banking system interest rate revenue system syariah bank},
        doi={10.4108/eai.20-1-2018.2282445}
    }
    
  • Haris Al Amin
    Dahlan Abdullah
    M Heikal
    Wahyuddin Albra
    Syawal Harianto
    Year: 2019
    Difference Analysis of Interest Rate and Revenue Theory System on Banking
    WMA-1
    EAI
    DOI: 10.4108/eai.20-1-2018.2282445
Haris Al Amin1,*, Dahlan Abdullah2, M Heikal3, Wahyuddin Albra3, Syawal Harianto1
  • 1: Department of Islamic Banking Finance, Politeknik Negeri Lhokseumawe, Aceh, Indonesia
  • 2: Department of Informatics, Universitas Malikussaleh, Aceh, Indonesia
  • 3: Department of Management, Universitas Malikussaleh, Aceh, Indonesia
*Contact email: haris@pnl.ac.id

Abstract

Banking as a financial institution has strategic role where its main activity is absorbing fund from society which surplus fund and channeling back to society with deficit of fund, enactment of dualbanking system giving birth two fund management system of banking interest rate system and profit sharing system. There are at least five approaches that serve as a distinguishing indicator between the interest rate system theory and profit sharing in the banking system as well as the five indicators, among others, the determination of the amount of profit, the amount of profit, the assumption of payment, the amount of payments, and the existence of the law and its validity.