Policy on Implementation of Bank Indonesia Circular Letter No. 14/7/Dpbs of 2012 concerning Regulation of Qardh Backed by Gold at Bank Syariah Mandiri KFO Imam Bonjol Medan (Pre Merger of PT Bank Syariah Indonesia)

Mutiara Minsih, Yusniar Lubis, Rudi Salam Sinaga

Abstract


Bank Indonesia Circular Letter No.14/7/DPbS dated February 29, 2012 regarding Qardh Backed by Gold Products for Sharia Banks and Sharia Business Units explains the guidelines and operating limits for sharia gold pawn/rahn products in Indonesia. With the issuance of this circular, every Islamic bank including Bank Syariah Mandiri KFO Imam Bonjol Medan must be able to implement policies in accordance with the provisions of Bank Indonesia. This study aims to determine and explain how the implementation of gold-backed qardh products at Bank Syariah Mandiri KFO Imam Bonjol Medan after the issuance of Bank Indonesia Circular Letter No. 14/7/DPbS. This study also aims to determine the impact of potential risks that arise on gold-backed qardh products after the issuance of Bank Indonesia Circular Letter No. 14/7/DPbS. This research is a qualitative descriptive analysis research conducted at Bank Syariah Mandiri KFO Imam Bonjol Medan which is located at Jl. Imam Bonjol, No. 7. Medan City. Based on the results obtained in this study, it can be seen that in general, the implementation policies applied by Bank Syariah Mandiri KFO Imam Bonjol Medan are in accordance with the rules contained in Bank Indonesia Circular Letter No. 14/7/DPbS. Such as determining the category of use, use of contracts, delivery of information, amount and term of financing, and FTV. However, there are two aspects that are still not appropriate, including the status of gold ownership and the imposition of fees that are not in accordance with the rules set by Bank Indonesia. In addition, it is also known that in gold-backed qardh products there are several types of risks contained in them, including: market risk, credit risk, liquidity risk and operational risk.


Keywords


policy implementation; Islamic banks; gold-backed qardh products

Full Text:

PDF

References


Anderson, J. E. 1976. Public Policy Making, New York.

Bank Indoesia. 2011 Peraturan Bank Indonesia Nomor: 13/23/PBI/2011. Jakarta: Bank Indonesia.

Bank Indonesia. 1998. Undang-Undang No. 10 tahun 1998, tentang Perubahan Terhadap Undang-Undang No. 7 tahun 1992, Jakarta.

Bank Indonesia. 2011. Booklet Perbankan Indonesia 2011. Jakarta: Bank Indonesia.

Bank Indonesia. 2012. Surat Edaran Bank Indonesia Nomor 14/7/DPbS tentang Produk Qardh Beragun Emas Bagi Bank Syariah dan Unit Usaha Syariah. Jakarta.

Dye, T. R. 1981. Understanding Public Policy, New Jersey: Prentice Hall.

Fadllan. 2014. Gadai Syariah; Perspektif Fikih Muamalah dan Aplikasinya dalam Perbankan. Jurnal Iqtishadia. 1 (1). 30-41.

Fajri, I., Muksal., Gunawan, E., dan Kesuma, T. M. 2018. Risk Management Analysis In Gala Financing Procedures In Sharia Bank. ICONESS 2018, October 17-18, Banda Aceh.

Hermansyah. 2013. Hukum Perbankan Nasional Indonesia, Kencana Prenada Media Group, Jakarta.

Humaira, D. 2014. Pelaksanaan Qard Beragun Emas Pada Bank Syariah Dan Unit Usaha Syariah (Suatu Penelitian Di Kota Banda Aceh). Jurnal Ilmu Hukum, 2 (4).

Ismail. 2011. Perbankan Syariah. Cet. Ke-1. Jakarta: Kencana Prenada Media Group.

Izzah, N. 2016. Analisis Prosedur BSM Gadai Emas Perspektif SE Bank Indonesia No.14/7/DPbS dan Fatwa DSN MUI No. 26/DSN-MUI/III/2002. Jurnal Ilmiah Ilmu Administrasi. 8 (2). 150-161.

Kasmir. 2013. Bank dan Lembaga Keuangan Lainnya. Jakarta: PT Raja Grafindo Persada.

Kholifah, N., Topowijono., dan Azizah, D. F. 2013. Analisis Sistem Dan Prosedur Gadai Emas Syariah (Studi pada PT. Bank Mega Syariah dan PT. Bank BNI Syariah Kantor Cabang Malang). Jurnal Administrasi Bisnis. 1 (1). 1-10.

Marimin, A., Romdhoni, A. H., dan Fitri, T. N. 2015. Perkembangan Bank Syariah di Indonesia. Jurnal Ilmiah Ekonomi Islam. 1 (2). 75-87. ISSN: 2477-6157.

Maulidizen, A. 2016. Aplikasi Gadai Emas Syariah: Study Kasus Pada BRI Syariah Cabang Pekanbaru. Jurnal Ekonomi Syariah, Vol. 1,No. 1, 77-89.

Muhamad. 2015. Manajemen Dana Bank Syariah. Jakarta: Penerbit Rajawali Pres.

Muhamad. 2017. Manajemen Dana Bank Syariah. Jakarta: Penerbit Rajawali Pres.

Muharrami, R. S. 2016. Analisis Dampak Implementasi Surat Edaran Bank Indonesia No. 14/7/Dpbs Tahun 2012 Tentang Qardh Beragun Emas Syariah Terhadap Risiko Gadai/Rahn Emas Syariah. Jurnal EKA CIDA. 1 (1).

Mujahidin, A. 2016. Hukum Perbankan Syariah. Raja Grafindo Persada, Jakarta.

Otoritas Jasa Keuangan (OJK). 2021. Statistik Perbankan Syariah Desember 2020. Jakarta.

Rahmati, A., et al. (2018). Analysis of Low Realization For Mudharabah Financing at Muamalat Indonesia Bank, Banda Aceh. Budapest International Research and Critics Institute-Journal (BIRCI-Journal). P. 215-223.

Rinaldi, I., Setyowati, R., dan Islamiyati. 2017. Produk Qardh Beragun Emas Secara Syariah Dalam Perspektif Surat Edaran Bank Indonesia No. 147Dpbs Pada Pt. Bank Rakyat Indonesia Syariah Cabang Semarang. Diponegoro Law Journal, 6 (1), 1-15.

Sergio, Marcelo, dan Paulo. 2015. Performence of Conditional Model In Gold Risk Management. Journal of Economic And Finance, Vol. 82, No. 3, Page 648-658.

Soedrajat, A. 2013 Pelaksanaan Gadai Emas Setelah Dikeluarkannya Surat Edaran Bank Indonesia No.14/7/DPBS mengenai Produk Qardh Beragunan Emas Bagi Bank Syariah dan Unit Usaha Syariah. Fakultas Hukum, Universitas Indonesia.

Soedrajat, A., Barlinti, Y. S., dan Maulisa, N. 2013. Pelaksanaan Gadai Emas Setelah Dikeluarkannya Surat Edaran Bank Indonesia No. 14/7/Dpbs Mengenai Produk Qardh Beragun Emas Bagi Bank Syariah Dan Unit Usaha Syariah (Studi Kasus Di Bni Syariah Cabang Bogor). Fakultas Hukum, Universitas Indonesia.

Soemitra, A. 2017 Bank & Lembaga Keuangan Syariah: Edisi Kedua. Prenada Media.

Sugiyono. 2017. Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.

Sukmadinata, N. S. 2011. Metode Penelitian Pendidikan. Bandung: Remaja Rosadakarya.

Trisnawati dan Komariah, E. 2016. Analisis Prosedur Gadai Emas Syariah Dalam Produk Rahn Emas IB. Hasanah (Studi Kasus Pada PT. Bank BNI Syariah Cabang Bekasi). Jurnal Mahasiswa Bina Insani. 1 (1). 32-49.

Usanti, T. P. (2015). Pengelolaan Risiko Pembiayaan Di Bank Syariah.Jurnal Hukum, Vol. 3, No. 2, 409-425.

Winarno, B. 2002. Teori dan Proses Kebijakan Publik, Media Pressindo, Yogyakarta.

Zainal, V. R., Widodo, D. S., dan Subagja, I. K. 2019. Indonesia Islamic Banking Readiness in Facing the ASEAN Economic Community, in Terms of Islamic Banking Disclosure and Performance Indices. Journal of Economics and Management Sciences. 2 (2).




DOI: https://doi.org/10.33258/birci.v4i3.2417

Article Metrics

Abstract view : 147 times
PDF - 69 times

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.