Muhaimin, Muhaimin PROCEDING : REGULATION OF THE CONVERSION SHARIA BANKING AND ITS LEGAL ISSUES IN INDONESIA. 5th ICILI 2020.
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Abstract
The objective of this study was to analyze regulations on the conversion of conventional banks into sharia banks according to positive law. The method of this study was normative legal research with primary, secondary, and tertiary legal materials which are collected through documents and literature study, then a descriptive qualitative analysis was carry out through the legal interpretation method to build prespective legal arguments ini order to obtain deductive conclusion. The findings showed that the conversion of conventional into sharia banks was regulated by the Act No. 10/1998 on the Amendment of Act No. 7/1992 on Banking, Act No. 21/2008 on Sharia Banking, and OJK Regulation No 64/POJK.03/2016 on the Conversion of Business Activities from Conventional into Sharia Banks. Legal issues were uncovered in the conversion of conventional banks into sharia banks as there was an absence of government regulation regarding to the conversion of conventional into sharia banks. In particular, a solid legal basis for the conversion of a conventional into a sharia bank was lacking, and there were issues in obtaining permission from the Financial Services Authority and a change of legal status from conventional to sharia bank. The research results encouraged banks authority as well as the government to pay more attention to legal issues regarding to conversion from conventional banks to sharia banks.
| Item Type: | Article |
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| Keywords (Kata Kunci): | Sharia banks, conversion, legal issues |
| Subjects: | K Law > K Law (General) |
| Divisions: | Fakultas Hukum |
| Depositing User: | dr. Ardiana Ekawanti, M.Kes |
| Date Deposited: | 26 Jun 2023 10:15 |
| Last Modified: | 26 Jun 2023 10:15 |
| URI: | http://eprints.unram.ac.id/id/eprint/40321 |
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