The Principles of Utility on Social Functions in Syariah Banking

Abstract

This research is motivated that the fact is that not many people know about the social functions of Islamic banking because most people still think that business activities in Islamic banking are only profit-oriented. Including non-Muslim communities also thinking that business activities and all activities in Islamic banking are only intended for Muslims, whereas for muamalah or the social field, Islam does not discriminate between religion or belief. This shows that the public still does not know and understand the benefits and objectives of social functions in Islamic banking. The results of the study using the normative legal research with the statute approach, and conceptual approach is that the suitability between social functions in sharia banking and the principle of benefit can find in CSR activities in sharia banking that have fulfilled 2 (two) aspects, it is: First, The Soul Maintenance (hifz al-nafs). In this aspect, the principle of the benefit from social functions in sharia banking can find in various CSR activities as efforts to overcome poverty. Second, The Assets Maintenance (hifz al-mal). The form of assets maintenance that implemented social functions in sharia banking is managing zakat funds and benevolence funds and then distributed by Sharia Bank to zakat and benevolent fund management institutions.