Investasi Bagi Hasil di Bank Syariah: Perspektif Akuntansi

Rijal Allamah Harahap, Saparuddin Siregar

Abstract


The purpose of this study was to examine the accounting treatment for mudharabah contracts and their implications for the reliability and fairness of financial statements based on an accounting perspective in Islamic banks. In addition, this study also explores the effect of provisions and reserves on profit allocation among profit-sharing investment account holders (mudharabah) and examines the accounting treatment for mudharabah contracts as stated in the Accounting Standards for Islamic Financial Institutions issued by AAOIFI. The findings of this study that presenting customers in a separate category in the statement of financial position (balance sheet), without reclassifying assets in the statement of financial position to reflect assets attributable to customers, indicates an undue bias in the financial statements. This goes against the concept of full disclosure and a true and fair view of financial statements. Other results also reveal that reserves can result in misallocation of profits among customers and there is an overlap between provisions and reserves, which can affect the reliability and fairness of financial statements. It is also revealed that the reserves presented under the customer section cannot be easily understood because investors do not have rights to these reserves. In addition, questioning the application of the use of grant contracts (Tabarru) in transactions with the substance seeking profit. This study recommends mutual funds as a solution for implementing sharia-compliant mudharabah contracts.

Full Text:

PDF

References


AAOIFI. (2008). Statute 2008 Accounting and Auditing Organization For Islamic Financial Institutions. Accounting and Auditing Organization For Islamic Financial Institutions. http://www.aaoifi.com/media/document/AAOIFI Statute 2008 (English).pdf

Abbas, A., & Arizah, A. (2019). Marketability, profitability, and profit-loss sharing: evidence from sharia banking in Indonesia. Asian Journal of Accounting Research, 4(2), 315–326. https://doi.org/10.1108/AJAR-08-2019-0065

Abdul-rahman, A., & Nor, S. M. (2017). Challenges of profit-and-loss sharing financing in Malaysian Islamic banking. Geografia : Malaysian Journal of Society and Space, 12(2), 39–46. http://journalarticle.ukm.my/9811/1/4x.geografia-si-feb16-aisyah-edam.pdf

Anwar, S., Romansyah, D., Pramono, S., & Watanabe, K. (2012). Treating return of mudharabah time deposit as investment instrument: A utilization of artificial neural networks (ANNs). Humanomics, 26(4), 296–309. https://doi.org/10.1108/08288661011090893

Arshad, N. C., & Business, C. (2011). Regulation on the Paramaterized of Mudharabah Contract: a Critical Analysis. International Journal of Economics and Research, 02(03), 157–189.

Atmeh, M. A., & Hadi Ramadan, A. (2012). A critique on accounting for the mudarabah contract. Journal of Islamic Accounting and Business Research, 3(1), 7–19. https://doi.org/10.1108/17590811211216032

Birton, M. N. A., Triyuwono, I., Mulawarman, A. D., & Rahman, A. F. (2015). Theory of Shariahization on Conceptual Accounting Framework: A Substantive Theory. Procedia - Social and Behavioral Sciences, 211, 723–730. https://doi.org/10.1016/j.sbspro.2015.11.093

Choi, P. (2017). Constructing a balanced view of profit structure in grocery retailing: A field illustration using accounting profits and anchor category profits. Management Research Review, 40(7), 726–744. https://doi.org/10.1108/MRR-04-2016-0089

Cordery, C. (2015). Accounting history and religion: A review of studies and a research agenda. Accounting History, 20(4), 430–463. https://doi.org/10.1177/1032373215610590

Diaw, A., & Mbow, A. (2012). A comparative study of the returns on Mudhārabah deposit and on equity in Islamic banks. Humanomics, 27(4), 229–242. https://doi.org/10.1108/08288661111181288

Hidayah, N. N., Lowe, A., & Woods, M. (2019). Accounting and pseudo spirituality in Islamic financial institutions. Critical Perspectives on Accounting, 61, 22–37. https://doi.org/10.1016/j.cpa.2018.09.002

IFSB. (2010). IFSB: GUIDANCE NOTE ON THE PRACTICE OF SMOOTHING THE PROFITS PAYOUT TO INVESTMENT ACCOUNT HOLDERS (Issue December).

Kayed, R. N. (2012). The entrepreneurial role of profit-and-loss sharing modes of finance: theory and practice. International Journal of Islamic and Middle Eastern Finance and Management, 5(3), 203–228. https://doi.org/10.1108/17538391211255205

Khoirotul Inzani, Moh.Halim, E. F. (2020). AKUNTANSI PEMBIAYAAN MUDHARABAH BERDASARKAN PSAK NO. 105. BUDGETING : Journal of Business, Management and Accounting, 2(1), 110–124. https://doi.org/https://doi.org/10.31539/budgeting.v2i1.804

Lowe, A., Nama, Y., Bryer, A., Chabrak, N., Dambrin, C., Jeacle, I., Lind, J., Lorino, P., Robson, K., Bottausci, C., Spence, C., Carter, C., & Svetlova, E. (2020). Problematizing profit and profitability: discussions. Accounting, Auditing and Accountability Journal, 33(4), 753–793. https://doi.org/10.1108/AAAJ-10-2019-4223

Magalhães, R., & Al-Saad, S. (2013). Corporate governance in Islamic financial institutions: The issues surrounding unrestricted investment account holders. Corporate Governance (Bingley), 13(1), 39–57. https://doi.org/10.1108/14720701311302404

Muneeza, A. (2020). Short-term Sharīʿah-compliant Islamic liquidity management instruments to sustain Islamic banking: The case of Maldives. Journal of Islamic Accounting and Business Research, 11(2), 428–439. https://doi.org/10.1108/JIABR-04-2018-0055

Pertiwi, P. A. (2017). Penerapan sistem bagi hasil dan perlakuan akuntansi Pembiayaan mudharabah. Jurnal Ilmu Dan Riset Akuntansi (JIRA), 6(105), 1–16. http://jurnalmahasiswa.stiesia.ac.id/index.php/jira/article/download/1353/1369

Putra, D. A., & Arfan, M. (2020). Analisis Implementasi Psak 105 Akuntansi Pembiayaan Mudharabah Pada Bank Muamalat Cabang Banda Aceh. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi, 5(3), 451–459. https://doi.org/10.24815/jimeka.v5i3.16061

Risa Rukmana, N. (2021). PROBLEMATIKA PENERAPAN AKUNTANSI PEMBIAYAAN MUDHARABAH PADA PERBANKAN SYARIAH. Journal of Economic, Public, and Accounting (JEPA), 3(2), 126–138. https://ojs.unsulbar.ac.id/index.php/jepa/article/view/949

Sapuan, N. M. (2016). An Evolution of Mudarabah Contract: A Viewpoint From Classical and Contemporary Islamic Scholars. Procedia Economics and Finance, 35(October 2015), 349–358. https://doi.org/10.1016/s2212-5671(16)00043-5

Setiawan, M. A. (2019). Standar Akuntansi Mudharabah (PSAK 105), AAOIFI dan Urgensinya Pada Lembaga Keuangan Syariah. Jurnal Masharif Al-Syariah. Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah ISSN:, 4(2), 107–124. http://journal.um-surabaya.ac.id/index.php/Mas/article/view/3047




DOI: http://dx.doi.org/10.29040/jiei.v8i1.4678

Refbacks

  • There are currently no refbacks.


https://mensgenic.fashion/vendor/

Jurnal Ilmiah Ekonomi Islam, ISSN 2477-6157 l E-ISSN 2579-6534

Creative Commons License

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

web analytics

situs toto