Perbedaan dan Persamaan Sistem Bagi Hasil Bank Syariah dengan Bunga Bank Konvensional

Abstract

This article discusses the comparison between earnings on sharia banks and interest on conventional banks, exploring the differences and similarities in financial experience between the two types of institutions. This research aims to reveal how Shariah principles affect financial practices in the context of returns and interest, as well as how it affects the behavior of investors and savings owners.This article uses qualitative methods by analyzing data from various literary studies, highlighting how sharia banks offer financial alternatives that conform to sharia principles, including for lower returns and lower interest rates compared to conventional banks. The Sharia banking business model emphasizes the distribution of profits through the system for income, whereas conventional banking through interest. Sharia banking is supervised by the OJK and the Sharia Board of Supervisors, while conventional banks are only overseen by the JK as Sharia banks play a role as shrine malls for their peoples while the Conventional Banks act as intermediaries. In addition, this article also discusses the challenges and opportunities faced by sharia banks in improving the quality of services and strengthening their market position amidst the fierce competition. this research are expected to provide new insights into how sharia banks can use sharia principles to improve the quality of their financial services and attract more customers.