Fund Ownership of Sharia Banking According to Islamic Economic Political Perspective

The ownership of Islamic bank funds that are used as business capital comes from customer deposits from investors. This has an influence on the ownership status of the fund. Therefore, this study will describe the ownership of Islamic bank funds according to the perspective of Islamic political economy. This article uses a descriptive literature research method taken from various factual references with a focus on using a normative juridical approach. This type of research is a qualitative research using data analysis through several steps such as focusing the data, presenting funds and drawing conclusions. The results of this study reveal the fact that the ownership rights of funds in Islamic banking come from the first party funds as the bank's founder, the second party funds as shareholders and third party funds as investor customers. Ownership of these funds cannot be separated from the contract mechanism used, especially in the use of third party funds. So that the contract used is the cause of Islamic banks having ownership rights to the use of these funds for business activities guaranteed by laws and regulations. The guarantee shows the role of Islamic economic politics through regulations governing the operational system of Islamic banking. This provides legal implications and certainty for Islamic banks in using investor funds for business activities through the mechanism for channeling funds and services.