Observers say that Islamic banks must obey the law because it is a highly regulated industry
REPUBLIKA.CO.ID, JAKARTA — The public is asked not to be provoked by the claims of the toll road entrepreneur, Jusuf Hamka, who called Islamic banks cruel. IPB University’s Sharia Economic Observer, Irfan Syauqi Beik, conveyed the industry Syariah banking must respond with a cool head.
“We have to be level-headed, don’t be easily provoked,” he told her Republic, Saturday (24/7).
Then, related parties need to be returned to the agreement agreed between the Islamic bank and Jusuf Hamka. Look at the contract, whether there is a violation or not. If there is a violation, then resolve it according to the existing mechanism. It can be through deliberation, it can be via sharia arbitration, or it can be legal.
“I invite all parties not to have polemics in the media to talk about what happened, because after all this will harm everyone,” he said.
If there is a deviation, he also suggests reporting to the Financial Services Authority (OJK). According to him, the OJK has a very strict monitoring tool so that he is sure that the OJK also knows the problem.
“Until now, I still believe that Islamic banks obey the rules and regulations of sharia,” he said.
Don’t forget, the banking industry highly regulated industry, so that every mistake and violation, no matter how small, will gradually be exposed. He thought that the risk of Islamic banks would be very large if they played with the law.
– .
