The Effect of Good Corporate Governance (GCG), Temporary Syirkah Funds, and Profitability on the Performance of the Maqasid of Sharia Commercial Banks in Indonesia

Abstract

This study aims to examine the effect of good corporate governance, temporary syirkah funds, and profitability on the performance of maqasid sharia that occurs in Islamic banks registered as sharia commercial banks within a period of five years with a purposive sampling method. Maqasid shari'a is everything that Allah and His Prophet have set for the benefit as a whole: preserve the existence and bear both the quality and the quantity, both material and spiritual. The general purpose of enforcing the Sharia is to prosper life on earth, maintain order in it, always maintain the stability of the natural welfare with the responsibility of human beings create a healthy environment, fair and actions that can benefit the entire layer of the earth's inhabitants. Statistical analysis used in this research is descriptive statistical analysis and by using multiple linear regression model. The results showed that temporary syirkah funds affected the performance of maqasid sharia. While Good Corporate Governance (independent board of commissioners, syariah supervisory board, DPS positions, audit committee) and profitability do not affect the performance of maqasid sharia.