Islamic Rural Banks Wafirotul haifa (11220010)

Islamic Rural Banks

wafirotul haifa (11220010)

Rural banks under banking law number 7 of 1992, is a financial institution that accepts deposits only in the form of savings deposits and/or other equivalent forms of it and distribute funds as BPR effort. While the banking law number 10 of 1998, stated that BPR is a financial institution that will conduct its operations in conventional or sharia. 

BPR implementation conducting business based on Sharia principles in turn governed by Indonesian bank director decree number 32/36/KEP/DIR/1999 dated 12 May 1999 concerning rural banks based on Islamic principles. In this case, technically BPR can be interpreted as an Islamic financial institution as conventional rural banks, whose operations using the principles of sharia. 

The desired destination with the establishment of sharia rural banks are: 

1. Improve the economic welfare of the people of Islam, especially the economically weak people who normally live in rural areas. 

2. Add jobs, especially at the district level, so as to reduce urbanization. 

3. Fostering a spirit of brotherhood Islamiyah through economic activity mastermind order to increase income per capita towards an adequate quality of life. 

To achieve the goal operationalization of the Islamic rural banks required strategic operational as follows: 

 1. BPR sharia is not waiting for the arrival demand facilities, but are inactive with dissemination / research to businesses that need help small additional capital, so it has good business prospects. 

 2. BPR sharia has the type of business that its turnaround time by prioritizing short-term medium-and small-scale enterprises. 

3. BPR study sharia market share, the degree of saturation and the level of competitive products that will be financing. 

 In an effort mobilization of public funds , Islamic rural banks to provide financial services in a variety of forms, including : 

1. deposits amanah called the trustee savings because the agreement form is wadiah , the deposit is not at risk . However, the bank will give you a bonus of sharing profits through bank financing to customers. 

2. savings deposits In the savings bank savings received from customers in the form of free savings . While the contract and followed by the bank and its customers in the form of wadiah. Deposits for these customers do not bear the risk of loss, and give bonuses to customers.

 3. Wadiah mudharabah deposits In this product the bank accepts deposits from customers. Contract that can be done in the form wadiah and can also form mudharabah. Normally the deposit period is 1, 2, 6, 12 months and beyond as a form of capital ( provisional ). 

The fund mobilization facilities, can also be used to leave alms, donation, charity, pilgrimage saving, saving sacrifice, aqiqah savings, saving for education, saving the owner of the vehicle, saving homeowners, it can even be used for day care facilities funds mosques, Islamic funds, foundations and others.