Integrating Good Governance Business Sharia into Maqasid Sharia: Evidence from Islamic Rural Banks in Indonesia

Muhammad Ridlo Zarkasyi  -  Universitas Darussalam Gontor, Indonesia
Agung Lia Handayani*    -  Universitas Darussalam Gontor, Indonesia
Setiawan bin Lahuri  -  Universitas Darussalam Gontor, Indonesia
Royyan Ramdhani Djayusman  -  Universitas Darussalam Gontor, Indonesia
Adi Rahmannur Ibnu  -  University of Birmingham, Birmingham Law School, College of Arts and Law, England, United Kingdom

(*) Corresponding Author
DOI : 10.32678/ijei.v16i1.906
This study explores the implementation of Good Governance Business Sharia (GGBS) at PT BPRS Mitra Mentari Sejahtera through the framework of Maqasid Shariah. The research examines how governance principles rooted in Sharia values are translated into institutional practices and how they contribute to the realization of ethical and sustainable business objectives. Using a descriptive qualitative approach with a case study design, data were collected through interviews, documentation, and institutional reports, then analyzed using Atlas.ti 09. Findings reveal that BPRS Mitra Mentari Sejahtera has effectively incorporated GGBS principles by promoting transparency, accountability, and adherence to Sharia ethics. However, limited public disclosure—particularly the unavailability of annual reports—remains a major challenge, potentially weakening stakeholder trust and institutional credibility. The study emphasizes the need for stronger transparency mechanisms, enhanced collaboration with Sharia supervisory bodies, and continuous education to reinforce Maqasid Shariah within governance structures. Overall, this research underscores the pivotal role of GGBS in achieving Sharia objectives and advancing ethical governance in the Islamic financial sector.

Keywords : Good Governance Business Sharia; Maqashid Sharia; Islamic Banking

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