Institutionalization of sharia financial norms in Indonesia

Hasanuddin, Muhammad and Al Hakim, Sofian (2017) Institutionalization of sharia financial norms in Indonesia. In: Economics, Business, and Philanthropy (ICIEBP 2017), 15 November 2017, Universitas Pendidikan Indonesia, Bandung.

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Abstract

A norm can be institutionalized, if it is known, understood, obeyed, and respected. This happens with the institutionalization of Islamic finance in Indonesia. The norms of Islamic financial institutions in Indonesia were originally sourced from Al-Qur’an and al-Hadith are then understood, adhered to, valued and institutionalized into shariah financial institutions. Institutionalization of norms into Islamic financial institutions in Indonesia is not only determined by the awareness of the community in complying the norm, but the extent to which awareness to comply with norms can be consolidated into cultural strength that can affect the structural strength. This is where the institutionalization of Islamic finance is formed.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Sharia Finance; Norm; Islamic Law
Subjects: Islam > Islam and Economics
Financial Economics, Finance
Divisions: Fakultas Syariah dan Hukum > Program Studi Muamalah
Depositing User: Dr. Sofian Al Hakim
Date Deposited: 25 Aug 2020 01:18
Last Modified: 25 Aug 2020 01:18
URI: http://digilib.uinsgd.ac.id/id/eprint/28875

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