The Performance Of Islamic Banking Based On Sharia Maqashid Index (SMI)

Abstract

Purpose – This study aims to determine the impact of the implementation of Good Corporate Governance on the Sharia Maqashid Index in Islamic banking in Indonesia.Methodology - The sampling technique in this study was a saturated sample with a sample of 13 Islamic Commercial Banks in Indonesia. The method used in this research is explanatory method with a quantitative approach. Findings - The results showed that Good Corporate Governance had a significant effect on the Sharia Maqashid Index. However, the Sharia Maqashid Index in Islamic Commercial Banks has not experienced a significant increase, so a strategy is needed to improve the performance of Islamic bankingKeywords: Sharia Maqashid Index, Good Corporate Governance, Islamic Bank Performance.