MANAJEMEN INVESTASI DAN RESIKO BANK SYARIAH
Abstract
This paper explores the critical aspects of investment and risk management in Islamic banking institutions, focusing on how Sharia principles shape financial strategies and decision-making processes. Islamic banks operate under unique frameworks that prohibit interest (riba), excessive uncertainty (gharar), and speculative transactions (maysir), leading to distinct investment mechanisms such as profit-sharing (mudharabah), joint ventures (musharakah), leasing (ijarah), and cost-plus financing (murabahah). These models demand robust risk management strategies that align with Sharia compliance while ensuring financial sustainability and competitiveness in a dynamic market environment.The study discusses various types of risks faced by Islamic banks, including credit risk, market risk, operational risk, and Sharia non-compliance risk. It emphasizes the necessity for integrated risk management systems tailored to Islamic financial contracts, highlighting the role of internal controls, corporate governance, and regulatory supervision. Moreover, the research analyzes how investment decisions are influenced by ethical screening, asset-backed financing, and real economic activities, which differentiate Islamic banking from conventional finance.
Through a qualitative analysis of literature and regulatory frameworks, this paper concludes that effective investment and risk management in Islamic banks requires a balance between profitability and adherence to Sharia principles. Strategic diversification, transparent risk disclosure, and innovative Sharia-compliant financial instruments are essential to mitigate risks and enhance performance. The findings underscore the growing importance of aligning financial innovation with religious compliance to sustain trust and growth in the Islamic financial sector.
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