Research Article
The Role of Islamic Corporate Governance to Prevention Fraud and Implementation of Maqasid Shariah in Increasing Profitability of Sharia Banking in Indonesia
@INPROCEEDINGS{10.4108/eai.27-7-2021.2316823, author={Ayunda Riezdita and Mochamad Edman Syarief and Ruhadi Ruhadi}, title={The Role of Islamic Corporate Governance to Prevention Fraud and Implementation of Maqasid Shariah in Increasing Profitability of Sharia Banking in Indonesia}, proceedings={Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 July 2021, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICE-BEES}, year={2022}, month={3}, keywords={islamic corporate governance fraud maqashid syariah roa sharia bank}, doi={10.4108/eai.27-7-2021.2316823} }- Ayunda Riezdita
Mochamad Edman Syarief
Ruhadi Ruhadi
Year: 2022
The Role of Islamic Corporate Governance to Prevention Fraud and Implementation of Maqasid Shariah in Increasing Profitability of Sharia Banking in Indonesia
ICE-BEES
EAI
DOI: 10.4108/eai.27-7-2021.2316823
Abstract
Fraud phenomenon still occurs and can impact profitability in sharia banking which is must also contribute to the achievement of maqasid shariah. This research used quantitative data from Islamic Commercial banking during 2010-2019. The result of the research shows Islamic Corporate Governance is able the prevention of fraud but has no effect to increase profitability, Islamic Corporate Governance has a significant effect on Maqasid Shariah but has no effect to increase profitability, Islamic Corporate Governance is able to increase profitability and Islamic Corporate Governance has no effect to profitability through fraud prevention and maqasid sharia. Based on this result, Sharia banking must be able to achieve an element of maqasid sharia to contribute to solutions for various finance and banking problems. In addition, the implementation of good governance and fraud prevention efforts has not shown a sufficient contribution to increasing the profitability of Islamic banks. Therefore, Islamic banks need to formulate strategies in increasing the role of Syariah in reducing fraud and increasing the profitability of Islamic banks.
