Ali Wardani, Wahyuddin Abdullah, Rika Dwi Ayu Parmitasasri

Penerapan Larangan Magrib sebagai Solusi Mengatasi Agency Problem dalam Akad Mudharabah

Introduction

Penerapan larangan magrib sebagai solusi mengatasi agency problem dalam akad mudharabah. Penerapan Larangan Magrib (maisir, gharar, riba, kebatilan) atasi masalah agensi dalam akad mudharabah keuangan syariah. Temukan solusi efektif kurangi asimetri informasi.

Abstract

The mudharabah (profit sharing) agreement is a contract that is characteristic of sharia financial institutions. However, agency problems often occur in mudharabah contracts. This article discusses the prevention of mudharabah contract agency problems through the prohibition of maghrib (maisir, gharar, usury and falsehood). The aim is to provide alternative solutions in overcoming mudharabah contract agency problems. The research method used is qualitative literature with a descriptive approach. Primary and secondary data collected through orientation and exploration will be analyzed using inductive and deductive techniques. The results explain that potential agency problems can be reduced by implementing sunset prohibitions (maisir, gharar, usury and falsehood) in the mudharabah contract evaluation process. Both in management processes and financial reports, sunset analysis can be applied to detect or avoid information asymmetries.

Review

The article, "Penerapan Larangan Magrib sebagai Solusi Mengatasi Agency Problem dalam Akad Mudharabah," tackles a critical and persistent issue within Islamic finance: the agency problems prevalent in mudharabah contracts. The authors propose an innovative solution by conceptualizing "Larangan Magrib," which they define as the prohibition of maisir (gambling), gharar (excessive uncertainty), usury, and falsehood. Employing a qualitative literature review with a descriptive approach, the study aims to offer an alternative framework for overcoming these challenges, thereby contributing to the integrity and effectiveness of sharia-compliant financial instruments. A significant strength of this work lies in its creative and direct application of fundamental Islamic prohibitions to a practical financial governance problem. By framing "Larangan Magrib" as an analytical tool, the article suggests that these principles can be systematically applied during the evaluation of mudharabah contracts, encompassing both management processes and financial reporting. The authors compellingly argue that this multi-faceted analysis can effectively detect, avoid, and ultimately reduce potential agency problems, primarily by mitigating information asymmetries. This approach offers a theoretically sound method for embedding ethical compliance directly into operational risk management. While the abstract outlines a compelling conceptual framework, future research stemming from this article could benefit from empirical validation to assess the practical implementation and effectiveness of the "Larangan Magrib" framework in real-world scenarios. Investigating how financial institutions can operationalize this analysis within their existing systems, and the potential challenges encountered, would further strengthen its contribution. Nevertheless, the article makes a valuable theoretical stride by proposing an Islamically-rooted mechanism to enhance transparency, accountability, and ultimately, trust within mudharabah contracts, offering a promising direction for advancing Islamic financial governance.

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