dc.description.abstract | The issuance of Law No 1411999 on the Organization of Aceh Special
Region and Law No.11/2006 on Aceh Government has mandated the
implementation of the Islamic Sharia (canon law) in all aspects of life in Aceh.
One of the attempts to realize the mandate is that the Aceh Government
refurbishes the banking system which still uses conventional system (interest) by
establishing Bank Aceh Syariah. The objective of the research was to find out the
political development in establishing Bank Aceh Syariah by using descriptive
qualitative method The data were gathered by conducting interviews with the
iriformants and documentary study. The result of the research showed that
political development of Aceh Government in establishing Bank Aceh Syariah
was done and operated by some development factors which included the Aceh
Government, the House of Representatives of Aceh, and the Consultative
Assembly of Aceh Islamic Scholars, based on Law No. 4411999 on the
Organization of Aceh Special Region, Law No.I 1/2006 on Aceh Government,
Qanun No 8/2014 on the Substance of the Islamic Canon, and the position of Aceh
Government as Shareholder Controller. The system used in establishing Bank
Aceh Syariah is by converting the operatiorzal system of Bank Aceh from
conventional system to sharia system entirely based on the Islamic ideology which
prohibits usury practice which used to be done by Bank Aceh. Its establishment
was also intervened by the Fin<Tt1Cial Service Authority, the clients of Bank Aceh,
and the Caucus of Reporters of the Islamic Sharia Care. It is recommended that
the Aceh Government as the controller of Shareholder Controller provide
supervision continuously on the policy of establishing Bank Aceh Syariah so that
it can be implemented according to sharia concept. Besides that, this policy can
be used to encourage people's economic growth which is burdened by the system
of interest. | en_US |