Fluctuating profit sharing income distribution tables every month

Oct 13, 2025 by leolavanderia.com.br 22 views

Recognition and Measurement of Profit Sharing Income at PT Bank Perkreditan Rakyat Sharia (BPRS) Gebu Prima Medan

Introduction

The increasing interest in the Islamic economy has led to the growth of Islamic financial institutions, including Islamic banks. One of the main principles in Islamic banking is profit sharing (profit sharing), which is different from the conventional interest system. In Islamic banks, income is defined as an increase in assets or decreased liabilities resulting from halal activities such as investment, trade, and service provision. This article aims to discuss the recognition and measurement of profit sharing income at PT Bank Perkreditan Rakyat Sharia (BPRS) Gebu Prima Medan, a Sharia-based bank in Medan, Indonesia.

Background

Islamic banking is based on the principle of profit sharing, which is different from the conventional interest system. In Islamic banks, income is defined as an increase in assets or decreased liabilities resulting from halal activities such as investment, trade, and service provision. The principle of profit sharing is based on the concept of mudharabah, which is a partnership between the bank and its customers. The bank provides the capital, and the customers provide the expertise and effort to generate profits.

Thesis "Recognition and Measurement of Profit Sharing Income at PT Bank Perkreditan Rakyat (BPR) Syariah Gebu Prima Medan"

The thesis "Recognition and Measurement of Profit Sharing Income at PT Bank Perkreditan Rakyat (BPR) Syariah Gebu Prima Medan" aims to assess whether the recognition and measurement of profit sharing income applied by the company is in accordance with PSAK No. 59 concerning Islamic Banking Accounting. The study uses a descriptive method, which aims to describe the phenomena that occur at PT BPR Syariah Gebu Prima Medan. The data collected comes from primary and secondary sources, both internal and external, as well as time series and cross-section data.

Methodology

The study uses a descriptive method, which aims to describe the phenomena that occur at PT BPR Syariah Gebu Prima Medan. The data collected comes from primary and secondary sources, both internal and external, as well as time series and cross-section data. The focus of this research is focused on the company's accounting treatment of the recognition and measurement of profit sharing income.

Research Results: Application of Cash Methods and Income Distribution Tables

Based on research, it was found that PT BPR Syariah Gebu Prima Medan acknowledged its income using Cash Bases Method. This is in accordance with PSAK No. 59, which states that for the purpose of calculating profit sharing, income is calculated based on cash. In terms of measurement, companies use Fluctuating profit sharing income distribution tables every month. Although there is fluctuation, profit sharing income obtained by the company still reflects justice. The amount of profit sharing is determined by the profits or losses obtained, so that it is proportional to the company's performance. In addition, profit sharing is also adjusted to the increase in bank revenue, reflecting the fair value of rewards received or acceptable.

Analysis and Recommendations

The application of the cash method and the distribution of profit sharing distribution shows the efforts of PT BPR Syariah Gebu Prima Medan in applying the principle of transparency and justice in the profit sharing system. This system allows proportional revenue sharing based on company performance, thus strengthening trust and good relations with customers. However, it should be remembered that the recognition system and measurement of profit sharing income implemented needs to be evaluated regularly. This aims to ensure that the system remains in accordance with PSAK No. 59 and sharia principles. Evaluation carried out can include aspects of transparency, justice, and effectiveness in reflecting company performance.

Conclusion

By implementing a transparent and fair system, PT BPR Syariah Gebu Prima Medan can further strengthen the position as a trusted Islamic financial institution. This will encourage business growth and sustainability and make a positive contribution to the economy and society. The recognition and measurement of profit sharing income at PT BPR Syariah Gebu Prima Medan is in accordance with PSAK No. 59 and sharia principles. The application of the cash method and the distribution of profit sharing distribution shows the efforts of the company in applying the principle of transparency and justice in the profit sharing system.

Recommendations for Future Research

Future research can focus on the following areas:

The impact of the recognition and measurement of profit sharing income on the company's performance and sustainability.
The comparison of the recognition and measurement of profit sharing income between PT BPR Syariah Gebu Prima Medan and other Islamic financial institutions.
The development of a new system for the recognition and measurement of profit sharing income that is more effective and efficient.

Limitations of the Study

The study has several limitations, including:

The study only focuses on PT BPR Syariah Gebu Prima Medan and does not compare it with other Islamic financial institutions.
The study only uses primary and secondary data and does not use other data sources such as expert opinions or surveys.
The study only focuses on the recognition and measurement of profit sharing income and does not consider other aspects of Islamic banking such as risk management and asset management.

Future Directions

Future research can focus on the following areas:

The development of a new system for the recognition and measurement of profit sharing income that is more effective and efficient.
The comparison of the recognition and measurement of profit sharing income between PT BPR Syariah Gebu Prima Medan and other Islamic financial institutions.
The impact of the recognition and measurement of profit sharing income on the company's performance and sustainability.

Conclusion

In conclusion, the recognition and measurement of profit sharing income at PT BPR Syariah Gebu Prima Medan is in accordance with PSAK No. 59 and sharia principles. The application of the cash method and the distribution of profit sharing distribution shows the efforts of the company in applying the principle of transparency and justice in the profit sharing system. Future research can focus on the development of a new system for the recognition and measurement of profit sharing income that is more effective and efficient.
Q&A: Recognition and Measurement of Profit Sharing Income at PT Bank Perkreditan Rakyat Sharia (BPRS) Gebu Prima Medan

Q: What is the main principle of Islamic banking?

A: The main principle of Islamic banking is profit sharing (profit sharing), which is different from the conventional interest system. In Islamic banks, income is defined as an increase in assets or decreased liabilities resulting from halal activities such as investment, trade, and service provision.

Q: What is the purpose of the thesis "Recognition and Measurement of Profit Sharing Income at PT Bank Perkreditan Rakyat (BPR) Syariah Gebu Prima Medan"?

A: The purpose of the thesis is to assess whether the recognition and measurement of profit sharing income applied by PT BPR Syariah Gebu Prima Medan is in accordance with PSAK No. 59 concerning Islamic Banking Accounting.

Q: What method was used in the study?

A: The study used a descriptive method, which aims to describe the phenomena that occur at PT BPR Syariah Gebu Prima Medan. The data collected comes from primary and secondary sources, both internal and external, as well as time series and cross-section data.

Q: What was found in the study regarding the recognition and measurement of profit sharing income?

A: The study found that PT BPR Syariah Gebu Prima Medan acknowledged its income using Cash Bases Method. This is in accordance with PSAK No. 59, which states that for the purpose of calculating profit sharing, income is calculated based on cash. In terms of measurement, companies use Fluctuating profit sharing income distribution tables every month.

Q: What are the benefits of the recognition and measurement of profit sharing income at PT BPR Syariah Gebu Prima Medan?

A: The benefits of the recognition and measurement of profit sharing income at PT BPR Syariah Gebu Prima Medan include:

The application of the cash method and the distribution of profit sharing distribution shows the efforts of the company in applying the principle of transparency and justice in the profit sharing system.
The system allows proportional revenue sharing based on company performance, thus strengthening trust and good relations with customers.
The recognition and measurement of profit sharing income implemented needs to be evaluated regularly to ensure that the system remains in accordance with PSAK No. 59 and sharia principles.

Q: What are the limitations of the study?

A: The study has several limitations, including:

The study only focuses on PT BPR Syariah Gebu Prima Medan and does not compare it with other Islamic financial institutions.
The study only uses primary and secondary data and does not use other data sources such as expert opinions or surveys.
The study only focuses on the recognition and measurement of profit sharing income and does not consider other aspects of Islamic banking such as risk management and asset management.

Q: What are the future directions for research?

A: Future research can focus on the following areas:

The development of a new system for the recognition and measurement of profit sharing income that is more effective and efficient.
The comparison of the recognition and measurement of profit sharing income between PT BPR Syariah Gebu Prima Medan and other Islamic financial institutions.
The impact of the recognition and measurement of profit sharing income on the company's performance and sustainability.

Q: What are the implications of the study for Islamic financial institutions?

A: The study has implications for Islamic financial institutions, including:

The need to apply the principle of transparency and justice in the profit sharing system.
The need to evaluate regularly the recognition and measurement of profit sharing income to ensure that the system remains in accordance with PSAK No. 59 and sharia principles.
The need to develop a new system for the recognition and measurement of profit sharing income that is more effective and efficient.

Q: What are the recommendations for future research?

A: The recommendations for future research include:

Conducting a comparative study of the recognition and measurement of profit sharing income between PT BPR Syariah Gebu Prima Medan and other Islamic financial institutions.
Conducting a study on the impact of the recognition and measurement of profit sharing income on the company's performance and sustainability.
Conducting a study on the development of a new system for the recognition and measurement of profit sharing income that is more effective and efficient.