ANALISIS KONSEP BAGI HASIL DALAM PERBANKAN SYARIAH MODERN

Abstract

This study examines the theoretical and practical dimensions of profit-sharing (bagi hasil) within the framework of modern Islamic banking in Indonesia. The growing complexity of contemporary financial instruments has prompted a critical re-evaluation of how classical Islamic jurisprudential principles particularly mudharabah and musyarakah are operationalized within regulatory and institutional constraints. This research aims to analyze the conceptual foundations of profit-sharing mechanisms, to identify the gap between normative Islamic finance principles and their contemporary applications, and to evaluate the systemic challenges that impede equitable profit distribution. Employing a qualitative library research methodology, this study draws upon a diverse corpus of Islamic jurisprudence texts, regulatory frameworks, and peer-reviewed academic sources. Findings indicate that while profit-sharing remains central to Islamic finance ideology, its practical implementation is frequently compromised by risk aversion, asymmetric information, and a tendency to mimic conventional banking products. The study concludes that harmonizing fiqh principles with modern financial engineering requires a multi-stakeholder reform agenda encompassing regulatory innovation, scholarly consensus, and institutional capacity building.