Integration and Role of Islamic Business Ethics in Mitigation of Financing Risks in Sharia Rural Bank (BPRS) In Indonesia
DOI:
https://doi.org/10.70095/alamwal.v18i1.23785Keywords:
Islamic Business Ethics, risk mitigation, BPRSAbstract
Introduction: The high rate of Non-Performing Financing (NPF) at Sharia rural banks (BPRS) in the last five years (2021-2025) reaching 10,36% in 2025, indicates that the technical and administrative risk management approaches implemented so far have not been fully effective in addressing the problem of problematic financing
Methods: This study employed a qualitative approach, employing literature studies and analyzing secondary data published by the Financial Services Authority.
Results: The findings indicate that Islamic Business Ethics (IBE) strengthens financing risk mitigation in BPRS through three main mechanisms: (1) preventing moral hazard by internalizing trust, honesty (ṣidq), and responsibility; (2) Strengthening Management and Employee Integrity and increasing contract transparency through clarity and fairness while avoiding gharar; and (3) Sharia-Based Risk Culture Formation and strengthening partnership-based relationships based on taʿāwun and distributive justice. Thus, IBE functions not only as a normative-ethical principle, but as a strategic and preventive behavioral risk control mechanism that complements conventional risk management and supports sustainable financing quality and institutional stability in BPRS.
Conclusion and suggestion: BPRS needs to integrate Islamic Business Ethics values more systematically into their financing risk management policies. Internalizing the values of trustworthiness, honesty, and responsibility is not sufficient if outlined solely in a code of ethics; it needs to be reinforced with an ethics-based monitoring and performance evaluation system.
References
Abrar ZA, T. (2024). Etika Transaksi Bisnis Perspektif Islam (Penerapan di Lembaga Keuangan Syari’ah). ISTIKHLAF: Jurnal Ekonomi, Perbankan Dan Manajemen Syariah, 6(1), 1–13. https://doi.org/10.51311/istikhlaf.v6i1.532
Adiyes Putra, K., Khaidir, W., Nurnasrina, & Aisyah, S. (2025). Strengthening Resilience through Risk Management in Islamic Microfinance Institutions: A Case Study of BPRS in Riau. Journal of Finance and Islamic Banking, 8(1), 65–78. https://doi.org/10.22515/jfib.v8i1.11799
Agung Nugraha, A., Sain, Z. H., Sartika, M., & AGOI, M. A. (2025). Business Risk Modelling Using Maqasid Sharia For Islamic Bank Financing Decisions. AT-TIJARAH: Jurnal Penelitian Keuangan Dan Perbankan Syariah, 7(2 SE-Articles), 13–29. https://doi.org/10.52490/at-tijarah.v7i2.6775
Anwar, C., & Sari, L. P. (2025). FACTORS ON NON-PERFORMING FINANCING OF SMES AT BPRS IN INDONESIA Source : Financial Services Authority Statistics. FINANSIA : Jurnal, 8(1).
April, N., Muslim, U., Medan, N. A., Muslim, U., & Medan, N. A. (2024). Analisis Determinan Yang Mempengaruhi Risiko Pembiayaan Mudharabah Pada BPRS Di Indonesia Aisyah Rain Sinaga Wilda Sri Munawarah perbankan syariah disebut Non Performing Finance ( NPF ). Bank Pembiayaan Rakyat Syariah menyalurkan pembiayaan mudharabah , musyarakah , dan murabahah . Ketiga pembiayaan ini. 1(2).
Aprilian, R. Z., & Sudarmawan, B. N. (2024). NPF of Islamic Rural Banks in Indonesia: Do Socio-Economic Factors and Bank Performance Matter? Journal of Islamic Economics and Finance Studies, 5(2), 405–422. https://doi.org/10.47700/jiefes.v5i2.10307
Asmar, M. D. A., Andriansyah, Y., & Masuwd, M. (2023a). Performance measurement analysis of Sharia commercial banks in Indonesia with Maqashid Index and Sharia Conformity and Profitability (SCnP). Journal of Islamic Economics Lariba, 9(2 SE-Articles), 541–566. https://doi.org/10.20885/jielariba.vol9.iss2.art13
Asmar, M. D. A., Andriansyah, Y., & Masuwd, M. (2023b). Performance Measurement Analysis of Sharia Commercial Banks in Indonesia with Maqashid Index and Sharia Conformity and Profitability (SCnP). Journal of Islamic Economics Lariba, 9(2), 541–566. https://doi.org/10.20885/jielariba.vol9.iss2.art13
Astuti, I. P., Elois, I. P., & Ni’mah, K. (2024a). Pengaruh NPF dan FDR terhadap Pembiayaan Murabahah pada BUS, UUS, dan BPRS Tahun 2021-2022. RIBHUNA: Jurnal Keuangan Dan Perbankan Syariah, 3(2), 60–71. https://doi.org/10.69552/ribhuna.v3i2.2196
Astuti, I. P., Elois, I. P., & Ni’mah, K. (2024b). Pengaruh NPF dan FDR terhadap pembiayaan murabahah pada BUS, UUS, dan BPRS tahun 2021–2022. RIBHUNA: Jurnal Keuangan dan Perbankan Syariah. Jurnal Keuangan Dan Perbankan Syariah, 2(3), 60–71.
Binti Mu’akhiroh, W., Trilestari, Y. A., & Kurniawati, Z. (2025). Strategi Penanganan Non Performance Financing (NPF) Pada Pembiayaan Di PT BPR Syariah Lantabur Tebuireng Jombang. TIJAROTANA : Jurnal Ekonomi Dan Bisnis Syariah , 6(01 SE-Articles). https://doi.org/10.64454/tj.v6i01.94
Danial, M., Muhammad, F., & Ibrahim, U. (2024). The Role of BPRS in The Development and Growth of UMKM in Indonesia. Sahmiyya: Jurnal Ekonomi dan Bisnis, 3(2), 462–469.
Fahrezi, N. F., & Hamka, K. A. (2025). Mitigation Strategies and Moral Hazard Risk Management in Sharia Financial Institution Financing Contracts. Al-Sharf Jurnal Ekonomi Islam, 6(3), 522–536.
Haqi, A., & Muchlis, M. M. (2024). Tinjauan Literatur tentang Etika Bisnis Syariah Berdasarkan Prinsip Amanah dan Adil. Kajian Ekonomi Dan Akuntansi Terapan, 1(4), 124–134. https://doi.org/10.61132/keat.v1i4.639
Hendri, Z., Shuib, S., Widarjono, A., & Sintarini, F. (2025). Cash flow risk and financial balance: Evidence from Islamic rural banks in Indonesia. Jurnal Ekonomi Islam, 1(16), 171–190.
Hidayati, N. (2025). Strategies of Islamic Banks in Reducing Non-Performing Financing (NPF): A Case Study at BPRS Bangka Belitung Branch. Majapahit Journal of Islamic Finance and Management, 5(4 SE-Articles), 3794–3805. https://doi.org/10.31538/mjifm.v5i4.652
Kadir, R. D., & Katili, C. Y. (2021). Determinant Financing Risk On Islamic Rural Banks In Indonesia: Ardl Approach. Journal of Management and Islamic Finance, 1(2 SE-Articles), 166–185. https://doi.org/10.22515/jmif.v1i2.3948
Keuangan, O. J. (2021). Financial Services Authority.
Khairunnisa, D., Suhel, & Asngari, I. (2025). Integrating ESG and Maqashid Syariah for Sustainable Islamic Finance in Indonesia. Jurnal Ilmiah Manajemen Kesatuan, 13(6 SE-Articles), 4525–4538. https://doi.org/10.37641/jimkes.v13i6.4025
Liestyowati, L. (2024). Islamic Ethics in Business and Finance: Implication for Corporate Governance and Responsibility. Accounting Studies and Tax Journal (COUNT), 1(3 SE-Articles), 195–213. https://doi.org/10.62207/h5emhx78
Lubis, N. (2024). Studi Literatur Peran Bank Pembiayaan Rakyat Syariah (Bprs) Terhadap Peningkatan Kinerja UMKM di Indonesia. Istiqra: Jurnal Hasil Penelitian, 12(2 SE-Articles), 273–286. https://doi.org/10.24239/ist.v12i2.2902
M. Ilham, Nanda Suryadi, & Raja Sakti Putra Harahap. (2025). Restorasi Etika Bisnis Global Melalui Nilai Tauhid dan Keadilan dalam Ekonomi Islam. Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah, 10(5 SE-). https://doi.org/10.30651/jms.v10i5.28851
Mahardika, S. G., Zulfikar, A. L., & Ain Fitriah, R. R. (2024). Implementasi Manajemen Risiko Pada Perbankan Syariah Di Indonesia. Jurnal Ilmiah Edunomika, 8(3 SE-Articles). https://doi.org/10.29040/jie.v8i3.15108
Mubarok, F., Wibowo, M., Pradana, H. D., & Yaacob, Z. (2026). The Influence of Macroeconomic Shocks, Operational Efficiency, and Financing Risk: An Empirical Study of NPF in Indonesian Islamic Banks. Falah: Jurnal Ekonomi Syariah, 11(1 SE-Journal Article), 22–42. https://doi.org/10.22219/jes.v11i1.43291
Pohan, W., Siregar, S., & Harahap, R. (2023). Analisis Managemen Waktu terhadap Konsentrasi Belajar Matematika Kelas VIII. Jurnal Basicedu, 7, 779–786. https://doi.org/10.31004/basicedu.v7i1.4580
Rahmah, Z. Z., Karem, N. A., & Andriani. (2024). Analisis Pengaruh Bank Pembiayaan Rakyat Syariah (BPRS) terhadap Pertumbuhan dan Pengembangan UMKM di Indonesia. Jurnal Ilmiah Ekonomi, Manajemen, Bisnis Dan Akuntansi, 1(2 SE-Articles), 92–102. https://doi.org/10.61722/jemba.v1i2.100
Rahmawan, A. M. (2025). Moral Hazard In Islamic Financial Institutions : Misuse Of Customer Funds. 04(01), 1–16.
Ramadhani, D. N., & Wafaretta, V. (2023). Determinan Risiko Pembiayaan Pada Bank Pembiayaan Rakyat Syariah ( BPRS ) Di Indonesia Periode 2019-2021. 12(4), 791–804.
Ramadhani, R., Mai, M. U., & Novianty, I. (2023). The Influence of Bank Specific Factors and Macro Economics on Non-Performing Financing in Islamic Rural Banks. Indonesian Journal of Economics and Management, 3(3 SE-Articles), 706–716. https://doi.org/10.35313/ijem.v3i3.4872
Riduwan, Danupranata, G., Adha, M. A., & Nahar, F. H. (2024). Microfinance: The Analysis of the Effectiveness of Risk Mitigation and Sustainability Strategies in Islamic Rural Bank (BPRS). Inferensi: Jurnal Penelitian Sosial Keagamaan, 18(2), 267–284. https://doi.org/10.18326/infsl3.v18i2.267-284
Rosidi, R., Nugraha, R., & Putri, I. (2024). How Islamic Corporate Governance Mitigates Financing Risk in Indonesian Islamic Banking? Share: Jurnal Ekonomi Dan Keuangan Islam, 13, 553–577. https://doi.org/10.22373/share.v13i2.21469
sabbrina, A., Anisya Putri Ertani Daulay, Shara Jumiati Siregar, Irfan Andinata, & fitri hayati. (2025). The Role of Sharia Microfinance Institutions in Fulfilling the Capital Needs of Micro, Small and Medium Enterprises: Case Study of BPRS AL WASLIYAH MEDAN. Primanomics : Jurnal Ekonomi & Bisnis, 23(1 SE-Articles), 246–255. https://doi.org/10.31253/pe.v23i1.3470
Setiawan, Faturrahman, J., Sarpini, R., & Sarpini. (2025). Penerapan Etika Bisnis di Industri Perbankan Syariah: Tantangan dan Peluang. Wawasan : Jurnal Ilmu Manajemenx, Ekonomi Dan Kewirausahan, 3(1). https://doi.org/10.58192/wawasan.v3i1.2872
Siska Lutfiana, & Dita Andraeny. (2025). Determinan Internal Non-Performing Financing BPRS di Indonesia. Jurnal Ilmiah Ekonomi Islam, 11(05 SE-Articles).
Soediro, A., Kusumawardani, M., Farhan, M., & Lakilaki, E. (2024). Understanding the Islamic Business Ethics in Islamic Microfinance Institutions. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 7(3 SE-Articles). https://doi.org/10.31538/iijse.v7i3.5810
Studi, O., Bank, P., Di, S., Andika, M. A., Ar, A., Aziz, E. S., & Rak, A. B. S. T. (2024). Integrasi Tanggung Jawab Etika Dalam Manajemen Risiko Operasional:Studi Pada Bank Syariah Di Indonesia. JurnalStudi Islam Indonesia(JSII), 2(2), 391–400.
Suhendi, S., Damayanti, N. R. A., & Ravelina, N. I. (2023). Etika Bisnis Islam : Implementasi pada Perbankan Syariah. Jurnal Pendidikan Tambusai, 7(3 SE-Articles of Research), 29226–29237. https://doi.org/10.31004/jptam.v7i3.11680
Sulistiyo, A. B., Wardayati, S. M., Hidayatullah, A., & Riesky, S. S. N. (2020a). Effect of Islamic corporate governance on customer trust: empirical study on Islamic bank. Asian Journal of Islamic Management (AJIM), 2(1 SE-Articles), 12–24. https://doi.org/10.20885/ajim.vol2.iss1.art2
Sulistiyo, A. B., Wardayati, S. M., Hidayatullah, A., & Riesky, S. S. N. (2020b). Effect of Islamic Corporate Governance on Customer Trust: Empirical Study on Islamic Bank. Asian Journal of Islamic Management, 2(1), 12–24. https://doi.org/10.20885/ajim.vol2.iss1.art2
Susilowati, K., & Falikhatun, F. (2023). Risiko Pembiayaan pada Perbankan Syariah. Jurnal Akuntansi Dan Bisnis, 23(1), 32–43. https://doi.org/10.20961/jab.v23i1.940.g172
Syarifah, L., & Rosman, R. (2024). Non-Performing Financing (NPF) on Islamic Rural Banks in Indonesia: Bibliometric Analysis and Literature Review. Journal of Islamic Finance, 13(2), 160–173.
syauqiyah, habibatus. (2025). Efektivitas manajemen risiko pembiayaan mudharabah dalam menekan risiko moral hazard pada perbankan syariah. Maliki Interdisciplinary Journal, 3(7 SE-Articles).
Wahyuning, R., & Khotimah, K. (2025). Optimalisasi manajemen risiko melalui pendekatan 5C dalam mengurangi risiko pembiayaan bermasalah pada perbankan syariah. 3, 293–304.
Widarjono, A., & Hapsari, P. N. (2024). The Effect of Financing Diversification on Financing Risk: The Case of Islamic Rural Banks in West and East Java Province. Jurnal Analisis Bisnis Ekonomi, 22(1), 36–50. https://doi.org/10.31603/bisnisekonomi.v23i1.11815
Yunus, S. M., & Rizal, F. (2025). Value-Based Intermediation in Islamic Finance in Malaysia : An Overview on Strategy , Issues and Challenges. 5(2), 102–117. https://doi.org/10.21154/etihad.v5i2.12275
Zulkifli, M. (2024). Redefinisi Analisis 5C dalam Pembiayaan Syariah: Antara Kepastian Hukum dan Integritas Moral. Jurnal Riset Akuntansi Dan Keuangan Syariah, 7(1), 102–115.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Siti Maghfiroh, Dwi Puspitasari, Lydiawaty binti Hassan Busry
This work is licensed under a Creative Commons Attribution 4.0 International License.
