Implementation of Corporate Governance and Prevention of Fraud in Islamic Banking

Siti Faizah, Dian Filianti, Irham Zaki

2019

Abstract

The purpose of this article is to analyze the implementation of Bank Indonesia regulations on corporate governance for Islamic banking so as to avoid fraud. The research method in this article is a qualitative research method. The data sources of this article are primary data and secondary data. Primary data was obtained from field research on several Islamic banks, the Financial Services Authority (OJK), and the Corruption Eradication Commission of the Republic of Indonesia (KPK) who were respondents. The secondary data in the form of legislation regarding corporate governance and those related to sharia banking corporate governance, also data on research results from international journals, as well as other relevant literature. The results of the study show that the regulations issued by Bank Indonesia regarding corporate governance for Islamic banking are not in accordance with the provisions of positive law and Islamic law, and there are provisions that allow fraud. Because there is no philosophical basis, there are weaknesses in some juridical aspects, and contain sociological weaknesses.

Paper Citation

in Harvard Style

Faizah S., Filianti D. and Zaki I. (2019). Implementation of Corporate Governance and Prevention of Fraud in Islamic Banking. In Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA, ISBN 978-989-758-582-1, pages 866-880. DOI: 10.5220/0010599200002900

in Bibtex Style

@conference{miicema19,
author={Siti Faizah and Dian Filianti and Irham Zaki},
title={Implementation of Corporate Governance and Prevention of Fraud in Islamic Banking},
booktitle={Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA,},
year={2019},
pages={866-880},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010599200002900},
isbn={978-989-758-582-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA,
TI - Implementation of Corporate Governance and Prevention of Fraud in Islamic Banking
SN - 978-989-758-582-1
AU - Faizah S.
AU - Filianti D.
AU - Zaki I.
PY - 2019
SP - 866
EP - 880
DO - 10.5220/0010599200002900