TRANSFORMASI PERBANKAN SYARIAH DALAM EKOSISTEM KEUANGAN MODERN

Abstract

Islamic banking is rapidly evolving as an integral part of the global financial system that offers an alternative based on Islamic values. With the principles of prohibition of riba, gharar, and maisir, as well as the concept of profit and loss sharing (PLS), Islamic banking seeks to realize economic justice and financial stability. However, in the midst of digitalization and global competition, Islamic banks face major challenges, both in terms of regulation, public literacy, and inconsistencies in the application of sharia principles themselves. This article aims to analyze the position of Islamic banking in the Indonesian financial system, evaluate regulatory challenges, and provide recommendations for strengthening the legal and institutional framework to comply with the sharia maqashid.