Abstract:
Islamic Bank is a kind of financial institution that refer to Quran and Hadits as its basis on making products and operating activities, in other words is a financial institution that concern on Islamic shari’a for its main business, payment traffic and money distribution. In order to be a trusted bank for its customers, Islamic bank should implement Good Corporate Governance, As an Islamic Bank; corporate governance becomes a matter that is important for PT Bank Syariah Mandiri (BSM) BSM must implement the principles of GCG in its activities. Besides the principles of GCG, BSM also has an obligation to run its business in accordance with Islamic shari’a. The purpose of this research is to observe the implementation of GCG principles in BSM. By using qualitative research, data collection, interview, and client inquiry are performed. The data obtained were analyzed and describing the implementation of GCG in BSM and the Islamic shari’a as GCG principles. The result of this study shows how GCG is implemented in BSM is in line with the laws and provisions, and how Islamic shari’a affects the implementation of GCG principles in BSM. Moreover, the result shows that the existency of Shari’a Supervisory board as one of GCG main organ does not affect the Internal Audit report of BSM. As the recommendation, BSM needs to maintain its performance on GCG implementation in order to achieve the goal of the bank, and for the bank to make a standard in SSB pick of test report, so that the function of the test itself meet the needs of IAD and CD as their recommendation.
