Implementation of Accounting Principles and Practices Sharia in Bank Aceh Branch Operations Medan Script of North Sumatra

Abstract

This study aims to determine the application of sharia accounting principles and practices at Bank Aceh Syariah KCP Aksara as a regional financial institution that has fully operated based on the sharia system. The research method uses a descriptive qualitative approach through observation, in-depth interviews, and documentation to obtain a factual picture of the sharia recording, reporting, and supervision process at the branch operational level. The results of the study indicate that the application of sharia accounting principles, including fairness, trustworthiness, transparency, and the prohibition of riba, gharar, and maysir has been implemented consistently in accordance with PSAK Sharia 101–112. The role of the Sharia Supervisory Board (DPS) has proven significant in ensuring sharia compliance through regular supervision and evaluation of each transaction and financial report. Bank Aceh KCP Aksara also carries out social responsibility through the management of zakat, infaq, and sadaqah as a form of implementing the principle of maslahah. However, challenges such as low public literacy about sharia banking and the need for technological adaptation still require attention. Overall, this study concludes that sharia accounting practices at Bank Aceh KCP Aksara have been running effectively, accountably, and in line with Islamic principles.

Keywords: Sharia Accounting, Sharia PSAK, Bank Aceh, DPS, Sharia Banking