Indonesia Sharia Bank Merger Process Reviewed from Business Competition Laws
Article Sidebar
Main Article Content
Abstract
Islamic bank entities in Indonesia, namely BNI Syariah, BRI Syariah, and Bank Syariah Mandiri have merged to become Bank Syariah Indonesia. The merger process was effective on February 1, 2021. As we know, the three banks are state-owned, which have significant assets and have a reasonably large market in Indonesia. In connection with business competition law which seeks to create a fair business competition situation in Indonesia, every corporate action, including merger activities, must be notified to the Business Competition Supervision Commission (hereinafter as KPPU) to assess whether monopolistic practices or unfair business competition have occurred or not. The notification is an effort to supervise every business actor in order to carry out activities that do not violate business competition and do not harm other parties. This study aims to examine normatively the merger process carried out based on business competition law in Indonesia. The research uses materials from both regulations, legal principles, doctrine, and sources related to the subject matter. The data obtained were then analyzed for further analysis to produce conclusions. The results showed that the merger process between the three Islamic banks in Indonesia did not violate the business competition law because it did not occur in a position monopoly and the absence of monopolistic practices.
Article Details
All writings published in this journal are personal views of the authors and do not represent the view of this journal and the author's affiliated institutions. Authors retain the copyrights under this license, see our copyrights notice.
References
Anika, N., Chairunnisa, N. I., & Saputro, A. W. (2021). Potensi Praktik Monopoli Dalam Merger Bank Syariah Indonesia: Tinjauan Hukum Ekonomi Islam dan Hukum Larangan Monopoli, Rewang Rencang: Jurnal Hukum Lex Generalis, 2(2), 174-194.
Anshori, A. G. (2008). Sejarah Perkembangan Hukum Perbankan Syariah di Indonesia dan Implikasinya Bagi Praktik Perbankan Nasional. Jurnal Hukum Islam La Riba, 2 (2), 159-172.
Barus, C. (2020). “Jumlah Penduduk Muslim Indonesia Meningkat,PowerCommerce Asia Tangkap Peluang, Luncurkan Halal Plaza”. industricoid., May 16, 2021, accessed from https://www.industry.co.id/read/65748/jotal-penduduk-muslim-indonesia-men Increase-powercommerce-asia-tangkap-peluang-l Launch-halal-plaza.
Diantha, I. M. P. (2016). Metodologi Penelitian Hukum Normatif Dalam Justifikasi Teori Hukum. Jakarta: Prenada Media.
Fuady, M. (2012). Pengantar Hukum Bisnis Menata Bisnis Modern di Era Global. Bandung: Citra Aditya Bakti.
Ibrahim, J. (2009). Hukum Persaingan Usaha: filosofi, Teori, dan Implikasi Penerapannya di Indonesia. Malang: Bayumedia Publishing.
Iskamto, D. & Yulihardi (2017). Analisis Peranan Religiusitas Terhadap Kepercayaan Kepada Perbankan Syariah. Magdis: Jurnal Kajian Ekonomi Islam, 2(2), 206-214.
Kusumayudha, M. I. (2020). “Mega Merger Bank Syariah BUMN: Penerapan Prinsip Syariah Dalam Realitas Persaingan Perbankan Global”. Bahasan.id, March 14, 2021, accessed from https://bahasan.id/mega-merger-bank-syariah-bumn- implementation-sharia-principles-in-reality-competition-global-banking /.
Mahmudah, S. (2019). Globalisasi Pasar dan Kesiapan Perbankan Syariah Di Indonesia. Dinar: Jurnal Prodi Ekonomi Syariah, 2(2), 135-160.
Mu'allim, A. (2003). Persepsi Masyarakat Terhadap Lembaga Keuangan Syariah. Al-Mawarid Edisi X, 17-31.
OJK. (2021). Statistik Perbankan Syariah Februari 2021. Jakarta: Financial Services Authority.
Pujiyono, A. (2004). Posisi Prospek Bank Syariah Dalam Dunia Usaha Perbankan. Jurnal Dinamika Pembangunan (JDP), 1(1), 45-58.
Puspitasari, Z. (2017). Rekonsepsi Pengecualian Monopoli Yang Diselenggarakan Oleh Badan Usaha Milik Negara Dalam Hukum Persaingan Usaha di Indonesia. Jurnal Panorama Hukum, 2(2), 227–242.
Qamar, N., Syarif, M., Busthami, D. S., Hidjaz, MK, Aswari, A., Dj Sophisticated, H., & Rezah, F. S. (2017). Metode Penelitian Hukum (Legal Research Methods). Makassar: CV. Social Politic Genius (SIGn).
Sahara, N. (2020). “Merger Bank Syariah Milik BUMN Tingkatkan Daya Saing Industri”. Investor.id, March 8, 2021, accessed from https://investor.id/finance/merger- bank-syariah-milik-bumn-tingkatkan-daya-saing-industri#:~:text=Dampak merger terhadap perkembangan ekonomi,menjadi pendorong pertumbuhan ekonomi nasional.&text=Hal itu membuat bank syariah,memperbesar pangsa pasar keuang.
Samawati, P. (2018). Monopoli BUMN Dalam Perspektif Persaingan Usaha. Malang: Single Independent.
Soenjoto, W. P. P. (2018). Tantangan Bank Syariah Di Era Globalisasi. el Barka: Journal of Islamic and Business, 1(1), 79-103.
Soerjono, S. (1986). Pengantar Penelitian Hukum. Jakarta: University of Indonesia.
Supriyono, S., Rodoni, A., Suparno, Y., Hermadi, H., & Nafisah, H. (2019). Efficiency Performance Analysis of Panin Dubai Syariah Bank In Collecting and Distributing Third Party Funds Before and After Merger. I-Finance: A Research Journal on Islamic Finance, 5(1), 46–56.
Syukron, A. (2013). Dinamika Perkembangan Perbankan Syariah Di Indonesia. Jurnal Ekonomi dan Hukum Islam STAI Darul Ulum Banyuwangi, 3(2), 28-53.