TRANSFORMATION OF SHARIA FINANCIAL INSTITUTIONS THE CASE OF ACEH: POLITICS, STRATEGY AND IMPLEMENTATION

Authors

  • Rahmad Kurniawan Palangka Raya State Islamic Institute, Indonesia ,
  • Enriko Tedja Sukmana Palangka Raya State Islamic Institute, Indonesia ,
  • Ahmad Dakhoir Palangka Raya State Islamic Institute, Indonesia ,

DOI:

https://doi.org/10.32332/finansia.v6i2.7533

Keywords:

Transformation, Islamic Financial Institutions, Strategy and Actual Application

Abstract

Aceh Special Region Government Authority which carried out mass transformation of conventional financial institutions in Aceh. Based on Aceh Qanun Number 11 of 2018 concerning Sharia Financial Institutions, conventional financial institutions are given 3 years from 2019-2022 to transform conventional financial institutions into Islamic financial institutions. The results of empirical-normative research, data sourced from interviews and observations, and sourced from normative data, namely Qanun Aceh Number 11 of 2018 concerning Sharia Financial Institutions. The approach used is legislation, case study approach, and conceptual approach. This research states that the transformation of financial institutions stems from the philosophy of culture and community life that adheres to the Quran and Sunnah. This philosophy is realized through strengthening legal politics in the form of Aceh Qanun Number 8 of 2014 and Aceh Qanun Number 11 of 2018.

 

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Published

2023-09-24

Issue

Vol. 6 No. 2 (2023): FINANSIA : Jurnal Akuntansi dan Perbankan Syariah

Section

Articles

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How to Cite

TRANSFORMATION OF SHARIA FINANCIAL INSTITUTIONS THE CASE OF ACEH: POLITICS, STRATEGY AND IMPLEMENTATION. (2023). FINANSIA : Jurnal Akuntansi Dan Perbankan Syariah, 6(2), 131-152. https://doi.org/10.32332/finansia.v6i2.7533