KOMPARASI KINERJA PERBANKAN SYARIAH INDONESIA DAN MALAYSIA DENGAN PENDEKATAN MAQASHID SYARI’AH INDEX (MSI) (Studi Pada Perbankan Syariah Indonesia dan Malaysia Tahun 2011-2015)

Abstract

Abstract: Measuring the performance of sharia banking by using conventional measurement has not been
able to show the assessment of Islamic banking performance in accordance with the purpose of sharia. There
are differences in sharia banking with conventional banking, so it needs performance measurement from other
side that is devoted to sharia banking. This research aimed at analyzing and comparing the performance of
Islamic banking in Indonesia and Malaysia by using Maqashid Syariah Index (MSI) approach. This research
object of 11 Sharia Commercial Banks in Indonesia and 15 Sharia Commercial Banks in Malaysia that have
been operating during 2011-2015. Sources of research data used annual reports of each bank. The steps to
measure bank performance with Maqashid Syariah Index (MSI) is ratio performance assessment, assessment
of performance indicators and last assessment of the Maqashid Syariah Index (MSI). The results showed that
there were differences in performance based on the value of Maqasid Syariah Index (MSI) between Indonesian
and Malaysian sharia banks in 2011-2015. Sharia banking performance in Indonesia was better in achieving
maqashid sharia than sharia banking in Malaysia. The highest rating of Islamic banking in Indonesia was
Panin Syariah Bank (BPS) and Islamic banking in Malaysia was HSBC Amanah Malaysia Berhad (HSBC)