Analysis of Compliance with DSN-MUI Fatwa in the Murabahah Financing Contract (Case Study at BPRS Amanah Ummah)
Abstract
Background: The murabahah contract is the most dominant financing product used by Islamic banks, making compliance with DSN-MUI Fatwa essential for maintaining the integrity of Islamic financial institutions. However, studies indicate gaps between normative fatwa provisions and operational practices, particularly concerning wakalah mechanisms and financing supervision. This study aims to analyze BPRS Amanah Ummah's compliance with DSN-MUI Fatwa No. 04/DSN-MUI/IV/2000 in implementing murabahah financing contracts and identify supporting and hindering factors.
Method: This research employs a qualitative approach with a case study design at BPRS Amanah Ummah, Bogor Regency. Data were obtained through in-depth interviews, observations, and documentation with informants including leaders, the Sharia Supervisory Board (DPS), financing employees, and customers. Data analysis followed the Miles and Huberman interactive model through data reduction, presentation, and conclusion drawing stages.
Results: The findings indicate that the implementation of murabahah contracts at BPRS Amanah Ummah generally complies with DSN-MUI Fatwa No. 04/DSN-MUI/IV/2000, particularly in margin transparency, property ownership, and financing supervision aspects. Sharia compliance is supported by established SOPs, the active role of the Sharia Supervisory Board, and routine employee coaching. Challenges remain, including potential side streaming in wakalah contracts, low community sharia financial literacy, and administrative obstacles in the financing process.
Conclusion: BPRS Amanah Ummah demonstrates a high level of compliance with DSN-MUI Fatwa in murabahah contract implementation, reflected not only in formal contractual aspects but also in efforts to maintain transparency, justice, and benefit in accordance with sharia principles. Strengthening sharia financial literacy, optimizing financing supervision, and improving sharia governance remain essential for sustaining substantive sharia compliance.
References
Ahmed, H. (2014). Islamic Banking and Shari’ah Compliance : A Product Development Perspective. Journal of Islamic Finance, 3(2), 15–29. https://doi.org/10.12816/0025102
Aldhila, G. L. (2020). KEPATUHAN SYARIAH PEMBIAYAAN MURABAHAH BERDASARKAN FATWA DSN-MUI PADA BANK JABAR BANTEN SYARIAH CABANG PEMBANTU CIPUTAT SKRIPSI. UIN Jakarta.
Amanah Ummah. (2023). Profil BMT Amanah Ummah. Https://Bmtaum.Co.Id/Profil-Bmt-Amanah-Ummah/.
Amin, H., Rahim Abdul Rahman, A., & Abdul Razak, D. (2014). Consumer acceptance of Islamic home financing. International Journal of Housing Markets and Analysis, 7(3), 307–332. https://doi.org/10.1108/IJHMA-12-2012-0063
Ascarya. (2017). Akad & produk bank syariah. RajaGrafindo Persada.
Awaluddin, A., & Febrian, A. (2020). Kedudukan Fatwa DSN-MUI dalam Transaksi Keuangan pada Lembaga Keuangan Syariah di Indonesia. Al Hurriyah : Jurnal Hukum Islam, 5(2), 196. https://doi.org/10.30983/alhurriyah.v5i2.3366
Azhar Rosly, S. (2010). Shariah parameters reconsidered. International Journal of Islamic and Middle Eastern Finance and Management, 3(2), 132–146. https://doi.org/10.1108/17538391011054372
Chapra, M. U. (2008). THE ISLAMIC VISION OF DEVELOPMENT IN THE LIGHT OF MAQASHID SHARIA. London Office. www.iiituk.com
Dianto, I., Arif, M., Majid, A., & Islam Riau, U. (2025). Peran Dewan Syariah Nasional Majelis Ulama Indonesia dan Dewan Pengawas Syariah terhadap Impelementasi Akad Syariah di Perbankan Syariah Indonesia. Jurnal Rumpun Ekonomi Syariah, 8(1). https://data.goodstats.id/2025/3/
Dusuki, A. W., & Abdullah, N. I. (2007). Why do Malaysian customers patronise Islamic banks? International Journal of Bank Marketing, 25(3), 142–160. https://doi.org/10.1108/02652320710739850
Farook, S., Lanis, R., & Hassan, M. K. (2011). DETERMINANTS OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE: THE CASE OF ISLAMIC BANKS. https://doi.org/http://dx.doi.org/10.2139/ssrn.1828624
Firmansyah, A., & Hidayat, F. (2024). Tata Kelola Syariah: Peran Vital Dewan Pengawas Syariah dalam Mewujudkan Kepatuhan dan Kinerja Bank Syariah. Al-Urban: Jurnal Ekonomi Syariah Dan Filantropi Islam, 8(2), 188–203. https://doi.org/10.22236/alurban_vol8.i2/17246
Gunadi, N. D. R., Devi, N. N. A., Hayati, D. S., & Adam, P. (2025). IMPLEMENTASI FATWA-MUI DALAM PRODUK DAN KEGIATAN BISNIS LEMBAGA KEUANGAN SYARIAH. Al Musyarakah: Jurnal Ekonomi Syariah, 4(2). https://jurnal.uic.ac.id/index.php/Al-Musyarakah
Hidayati, T., & Hidayatullah, M. S. (2021). Urgensi Fatwa DSN-MUI Mengenai Manajemen Risiko Pembiayaan Berbasis Syariah. Al-Manahij: Jurnal Kajian Hukum Islam, 15(2), 201–220. https://doi.org/10.24090/mnh.v15i2.4641
Hosen, M. N., & Muhari, S. (2019). The determinants of murabahah financing in Islamic rural banks. Jurnal Keuangan dan Perbankan, 23(1), 15–27.
Ismal, R. (2014). Islamic Banking in Indonesia: New Perspectives on Monetary and Financial Issues. JKAU: Islamic Econ, 27(2), 103–107. https://doi.org/10.4197/Islec
Kurnialis, S., Uliya, Z., Aulasiska, M., & Syahrul Nizam, M. (2022). Perkembangan Perbankan Syariah Di Negara Muslim. SYARIKAT : Jurnal Rumpun Ekonomi Syariah, 5(2), 2022.
Lamusu, S., Rahman, A. F., & Adib, N. (2021). Sharia conformity for mudharabah financing practices in sharia banks based on the DSN-MUI Fatwa Number 07 year 2000: A case study. International Journal of Research in Business and Social Science (2147- 4478), 10(4), 239–248. https://doi.org/10.20525/ijrbs.v10i4.1201
Maimun, M., & Tzahira, D. (2022). Prinsip Dasar Perbankan Syariah. Al-Hiwalah : Journal Syariah Economic Law, 1(2), 125–142. https://doi.org/10.47766/alhiwalah.v1i2.878
Morgan, Robert. M., & Hunt, S. D. (1994). The Commitment-Trust Theory of Relationship Market. Journal of Marketing, 58, 20–38.
Muneeza, A., & Hassan, R. (2014). Shari’ah corporate governance: The need for a special governance code. Corporate Governance (Bingley), 14(1), 120–129. https://doi.org/10.1108/CG-02-2011-0015
Nur Suyuthi, L., & Mugiyati. (2024). Dimensi Sharia compliance Pada Operasional Bank Syariah Indonesia (BSI). JIEI: Jurnal Ilmiah Ekonomi Islam, 10(2). https://doi.org/10.29040/jiei.v10i2.13444
OJK. (2024). Survei Nasional Literasi dan Inklusi Keuangan (SNLIK) 2024. Ojk.Go.Id.
Othman, A., & Owen, L. (2001). Adopting and Measuring Customer Service Quality (SQ) in Islamic Banks: A Case Study in Kuwait Finance House. International Journal of Islamic Financial Services, 3, 1–26.
Shalihin, R., Shalihah, B. M., Ariadi, P., & Rulitawati. (2025). Peran Dewan Pengawas Syariah dalam Kepatuhan Prinsip Syariah pada Pelaksanaan Good Corporate Governance. Jurnal Alwatzikhoebillah : Kajian Islam, Pendidikan, Ekonomi, Humaniora, 11(2), 1010–1024. https://doi.org/10.37567/alwatzikhoebillah.v11i2.4133
Suaidi, S. (2025). Bridging Institutional and Regulatory Gaps: Enhancing Sharia Compliance in Islamic Financial Institutions in Indonesia. El-Uqud: Jurnal Kajian Hukum Ekonomi Syariah, 3(1), 23–39. https://doi.org/10.24090/eluqud.v3i1.13288
Sugiyono. (2008). Metode penelitian kuantitatif, kualitatif dan R & D. Alfabeta.
Pimpinan BPRS Amanah Ummah. (2025). Wawancara pribadi mengenai implementasi akad murabahah di BPRS Amanah Ummah. Wawancara dilakukan pada 15 November 2025, Bogor.
Pegawai Pembiayaan BPRS Amanah Ummah. (2025). Wawancara pribadi mengenai pelaksanaan pembiayaan murabahah. Wawancara dilakukan pada 20 November 2025, Bogor.
Nasabah 1,2,3 BPRS Amanah Ummah. (2025). Wawancara pribadi mengenai pengalaman pembiayaan murabahah. Wawancara dilakukan pada 22 November 2025, Bogor.
Copyright (c) 2026 Agung Rahmatullah
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
The authors who publish in the journal agree to the following terms:
- The authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- The authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- The authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
- The authors warrant that the article is original, written by stated author(s), has not been published before, contains no unlawful statements, does not infringe the rights of others, is subject to copyright that is vested exclusively in the author and free of any third-party rights, and that any necessary written permissions to quote from other sources have been obtained by the author(s).
Jurnal Ekonomi dan Bisnis Manajemen Syariah (SEMB-J), Yayasan Darussalam Bengkulu is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Based on a work at https://siducat.org/index.php/sembj/.
