Home » Uncategorized » The Reason of Choosing Islamic Banks among Students of 2010 Accounting Department Class A of Muhammadiyah Yogyakarta

The Reason of Choosing Islamic Banks among Students of 2010 Accounting Department Class A of Muhammadiyah Yogyakarta

The Reasons of choosing Islamic Banks among Students of 2010 Accounting Department Class A of Muhammadiyah University of Yogyakarta

 

Indarti

 

Abstract

The purpose of this research is giving explanation to readers on the reason of students in Accounting Class A choosing Islamic banks than conventional banks. This research uses qualitative method and the data were collected by interview with some question about the topic. The population of this research is the students of Accounting Department class A of Muhammadiyah University of Yogyakarta as many as twenty six students and the sample of this research is three of students of Accounting class A. This research was done in October 2012 at Muhammadiyah University of Yogyakarta. This research shows that the reasons of students of Accounting Class A choosing Islamic banks because Islamic bank gives no interest, the students are asked to help increase the national economy, and they are trained to help other people.

Keywords : Reason, Save money, Islamic banks

 

Introduction

Bank is financial institution in the world which saves money from people and gives back to the people. The Phenomenon of banking in the world has been famous, because the people want to save their money in bank, so their money will be save.

In Indonesia there are two types of banks, those are Conventional Banks and Islamic Banks. Conventional bank is a bank which implements in conventional and interest system, the examples are Mandiri Bank, BRI, BNI, BCA, etc. Whereas, Islamic Bank is a bank which implements Islamic principle and uses sharing system, such as Muamalat Bank, BRI Sharia, BNI Sharia, Mandiri Sharia, etc. Conventional bank is the bank which was developed first time in Indonesia. However, Moslems believe that interest is forbidden because it includes riba’, so Islamic banking was established.

The first Islamic banking in Indonesia was Muamalat Bank. Moslems start to interested with Islamic bank which uses Islamic principles basis, so it can make Moslems avoid riba’. The rapid development of Islamic bank in Indonesia, make a big influence to conventional bank and which eventually conventional bank is developing a bank with Islamic principle basis.

Save money in a bank is doing by many people no exception student in accounting department class A at Muhammadiyah University of Yogyakarta. Many of student in accounting department class A at Muhammadiyah University of Yogyakarta are saving money in Islamic bank. In this research will discuss what the reason of them to saving money in Islamic bank not in conventional bank.

This research, used qualitative method because the data of this research were in form of words, phrases, and sentences. The data were analyzed by interview. Population of this research is the students of Accounting Department Class A of Muhammadiyah University of Yogyakarta as many as twenty six students. Sample of this research is three of students of Accounting Department  Class A of Muhammadiyah University of Yogyakarta. This research proves that many students are saving money in Islamic banking because Islamic banking more prioritizing Islamic principles to help tithe to the poor people than conventional bank.

Literature Review

Definition of reason according to Oxford Learner’s Pocket Dictionary “Reason is cause or an explanation for something that has happened or that somebody has done; form a judgment about something after careful thought.” (p. 357)

The definition of Islamic bank from “Definition Islamic Banking” (islamicbankwki, August 2011, para. 1) “Islamic banking is a banking system that was developed based on the sharia (law) of Islam. Establishment of business system is based on the Prohibition in the Islamic religion to collect and borrow with interest or so-called “usury” as well as investment restrictions for businesses, categorized illegitimate in Islamic law (such as businesses associated with food production / “drink unclean”, the business un-Islamic media, etc.), where this cannot be guaranteed by the conventional banking system”.

The definition of sharia law according to article “Hukum Islam Pengertian dan Sumbernya” (Teguh Santoso, July 2011, para. 3 ) “Hukum Islam adalah hukum yang bersumber pada nilai-nilai keislaman yang berasal dari dalil-dalil agama islam. Bentuk hukumnya dapat berupa kesepakatan, larangan, anjuran, ketetapan dan sebagainya” (sharia law is the law from Islamic value is from arguments of Islam. The law forms are deal, forbid, command, provision, etc).

Based on article “Beberapa Alasan Kenapa Kita Harus Memilih Bank Syariah” (Ahmad Royani, July 23, 2010, para. 4) the reason why choose Islamic bank are follows:

  1. Islamic bank is giving service free interest (without riba’).
  2. Trained to learn about investing.
  3. Asked to help increase national economy.
  4. Trained to help other people.

Research Methodology

The research of “Reason of Choosing Islamic Bank among Student of 2010 Accounting Department Class A of Muhammadiyah University of Yogyakarta”. In this research, used qualitative research because the data of this research were in form of words, phrases, and sentences. The data were analyzed by interview. Population of this research is the students of Accounting Department class A of Muhammadiyah University of Yogyakarta as many as 26 students. Sample of this research is three of students of Accounting Department  class A of Muhammadiyah University of Yogyakarta. This research was done in October 2012 at Muhammadiyah University of Yogyakarta.

Finding and Discussion

According to article in literature review there are 5 types of the reason why choose Islamic banking. Those are Islamic bank is giving service free interest (without riba’), invite the customers to join in line of business which funded as a allocation method of resources, trained to learn about investing, join increasing economic nation, and trained to providing loan capital to other people who needed. Here are the reasons of students of accounting A in Muhammadiyah University of Yogyakarta to save money in Islamic banks that found in this research:

  1. Islamic bank is giving service free interest (without riba’),

Islamic bank different from Conventional bank. In conventional bank is using interest system, so thai is riba’. Meanwhile, Islamic bank is a banking system was developed by sharia law, so that Islamic banking is not using interest system, because interest system in Islamic religion is haram.

“yes, of course because riba’ is prohibited in Islamic religion and that any in Al-Qur’an”. (DSS)

“yes, riba is haram”. (DPS)

From the interview conducted by the researcher, the reason of the students choose Islamic bank is Islamic banking different from conventional bank because Islamic banking does not use interest system, because interest system is haram.

  1. Trained to learn about investing

No informant mentions if save money in bank is learned about investment.

  1. Asked to help increase national economy

National economy is the economy of a nation as a whole that is an economic unit and is usual has a unique existence greater than the sum of the individual units within it.

“I know that because if I am saving money in Islamic bank that can lend to other people”. (DPS)

From the interview conducted by the researcher, the result is saving money in bank can help increase national economy.

  1. Trained to help other people

In Indonesia is still many people who needed money to open their business, so Islamic banking is offering to loan capital to other people who needed.

“yes, I know that because in Islamic banking any zakat institution, so I can zakat in Islamic banking”. (IOS)

“yes, because if any people who was opening the business, it can make increase the loan capital”. (DPS)

From the interviewer conducted by the researcher, the result is saving money in bank can help the people who was opening their business.

Conclusion

          Based on the interview conducted by the researcher with some interviewer, showed that the reason student of Accounting Department Class A save money in Islamic banks because Islamic bank is giving service free interest or without riba’, the students are asked to help increase the national economy, and they are trained to help other people.

BIBLIOGRAPHY    

Royani, Achmad. (July 21, 2010). Beberapa Alasan Kenapa Kita Harus Memilih Bank Syariah. Accessed on October 14, 2012, from Achmad Royani wordpress:

http://creativeendless.wordpress.com/2010/07/23/beberapa-alasan-kenapa-kita-harus-memilih-bank-syariah/

Santoso, Teguh. (July, 2011). Hukum Islam Pengertian dan Sumbernya. Accessed on October 14, 2012, from Teguh Santosa blogspot:

http://www.teguhsantoso.com/2011/07/hukum-islam-pengertian-dan-sumbernya.html    

Takaful, Islamic Banking. (August, 2011). Definition Islamic Banking. Accessed on October 14, 2012, from Islamic Banking blogspot:

http://islamicbankwiki.blogspot.com/2011/08/definition-islamic-banking.html


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