Sharia Audit Evaluation of the Potential Non-Compliance in Murabahah Financing at Bank Syariah Indonesia

Abstract

This research explores the role of sharia audit in assessing potential uncertainty (gharar) within murabahah financing practices at Bank Syariah Indonesia. The study focuses on the issue of possible deviations in the implementation of murabahah that could result in non-compliance with sharia principles. It addresses two main questions: (1) how murabahah is applied in Islamic banking practices, and (2) how sharia audit evaluates and mitigates potential uncertainties in these transactions. The study employs a qualitative approach using descriptive-analytical methods, drawing on literature from relevant journals, books, and established sharia standards. The results indicate that sharia audit has a significant role in identifying and reducing risks of uncertainty, particularly in areas such as asset ownership, pricing transparency, contractual processes, and penalty mechanisms.Nevertheless, the findings also reveal existing weaknesses in practice, especially when banks function solely as financing intermediaries without actual ownership of the goods. Therefore, enhancing the role of sharia audit is essential to ensure comprehensive compliance with Islamic principles.