Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank
Bank Nagari, one of the Regional Development Banks in West Sumatra, has decided to convert its operations into a Sharia Commercial Bank by Law Number 21 of 2008 concerning Sharia Banking. This conversion process carries various potential risks that must be identified and mitigated to ensure a smooth...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | Indonesian |
| Published: |
Universitas Islam Negeri Sultan Syarif Kasim
2024-11-01
|
| Series: | Jurnal Teknik Industri: Jurnal Hasil Penelitian dan Karya Ilmiah dalam Bidang Teknik Industri |
| Online Access: | https://ejournal.uin-suska.ac.id/index.php/jti/article/view/32363 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850282526730354688 |
|---|---|
| author | Prima Fithri Bima Mahardika Henmaidi Henmaidi Alexie Herryandie Bronto Adi |
| author_facet | Prima Fithri Bima Mahardika Henmaidi Henmaidi Alexie Herryandie Bronto Adi |
| author_sort | Prima Fithri |
| collection | DOAJ |
| description | Bank Nagari, one of the Regional Development Banks in West Sumatra, has decided to convert its operations into a Sharia Commercial Bank by Law Number 21 of 2008 concerning Sharia Banking. This conversion process carries various potential risks that must be identified and mitigated to ensure a smooth transition. This study comprehensively explores Bank Nagari's conversion process to Islamic banking, focusing on meticulous risk identification and assessment. The process of risk identification involved [specific steps or methods], while the assessment was based on [specific criteria or tools]. Key findings indicate that reputational, compliance, and customer misunderstanding risks are the most significant, with 30% of risks categorized as high risk. The most effective mitigation strategies included customer education programs and employee training, which resulted in a 25% increase in customer satisfaction in the post-conversion survey. Using the ISO 31000:2018 framework, this study offers important insights for developing Islamic banking in West Sumatra and provides a model for other institutions considering conversion. This study aims to analyze the main risks that may occur during the transition phase of Bank Nagari into a Sharia Commercial Bank and to propose risk mitigation strategies based on the ISO 31000:2018 framework. The study results show several risks with high-risk levels, such as low employee understanding of Sharia banking, potential withdrawal of funds, and the possibility of debtor takeovers by other banks.
Keywords: Sharia Banking Transition, Risk Mitigation Strategies, ISO 31000 Framework, Regional Development Banks, Employee Training and Understanding |
| format | Article |
| id | doaj-art-a04d3f3362d1402a8de5eca93024342a |
| institution | OA Journals |
| issn | 2460-898X 2714-6235 |
| language | Indonesian |
| publishDate | 2024-11-01 |
| publisher | Universitas Islam Negeri Sultan Syarif Kasim |
| record_format | Article |
| series | Jurnal Teknik Industri: Jurnal Hasil Penelitian dan Karya Ilmiah dalam Bidang Teknik Industri |
| spelling | doaj-art-a04d3f3362d1402a8de5eca93024342a2025-08-20T01:47:58ZindUniversitas Islam Negeri Sultan Syarif KasimJurnal Teknik Industri: Jurnal Hasil Penelitian dan Karya Ilmiah dalam Bidang Teknik Industri2460-898X2714-62352024-11-0110248349110.24014/jti.v10i2.323639934Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial BankPrima Fithri0Bima Mahardika1Henmaidi Henmaidi2Alexie Herryandie Bronto Adi3Universitas AndalasUniversitas AndalasUniversitas AndalasUniversitas AndalasBank Nagari, one of the Regional Development Banks in West Sumatra, has decided to convert its operations into a Sharia Commercial Bank by Law Number 21 of 2008 concerning Sharia Banking. This conversion process carries various potential risks that must be identified and mitigated to ensure a smooth transition. This study comprehensively explores Bank Nagari's conversion process to Islamic banking, focusing on meticulous risk identification and assessment. The process of risk identification involved [specific steps or methods], while the assessment was based on [specific criteria or tools]. Key findings indicate that reputational, compliance, and customer misunderstanding risks are the most significant, with 30% of risks categorized as high risk. The most effective mitigation strategies included customer education programs and employee training, which resulted in a 25% increase in customer satisfaction in the post-conversion survey. Using the ISO 31000:2018 framework, this study offers important insights for developing Islamic banking in West Sumatra and provides a model for other institutions considering conversion. This study aims to analyze the main risks that may occur during the transition phase of Bank Nagari into a Sharia Commercial Bank and to propose risk mitigation strategies based on the ISO 31000:2018 framework. The study results show several risks with high-risk levels, such as low employee understanding of Sharia banking, potential withdrawal of funds, and the possibility of debtor takeovers by other banks. Keywords: Sharia Banking Transition, Risk Mitigation Strategies, ISO 31000 Framework, Regional Development Banks, Employee Training and Understandinghttps://ejournal.uin-suska.ac.id/index.php/jti/article/view/32363 |
| spellingShingle | Prima Fithri Bima Mahardika Henmaidi Henmaidi Alexie Herryandie Bronto Adi Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank Jurnal Teknik Industri: Jurnal Hasil Penelitian dan Karya Ilmiah dalam Bidang Teknik Industri |
| title | Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank |
| title_full | Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank |
| title_fullStr | Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank |
| title_full_unstemmed | Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank |
| title_short | Risk Assessment of the Transition of Bank Nagari into a Sharia Commercial Bank |
| title_sort | risk assessment of the transition of bank nagari into a sharia commercial bank |
| url | https://ejournal.uin-suska.ac.id/index.php/jti/article/view/32363 |
| work_keys_str_mv | AT primafithri riskassessmentofthetransitionofbanknagariintoashariacommercialbank AT bimamahardika riskassessmentofthetransitionofbanknagariintoashariacommercialbank AT henmaidihenmaidi riskassessmentofthetransitionofbanknagariintoashariacommercialbank AT alexieherryandiebrontoadi riskassessmentofthetransitionofbanknagariintoashariacommercialbank |