The Development Analysis of Sharia Bank in Province of Aceh in Last Decade

Abstract

The aim of this study is to provide a descriptive analysis of sharia commercial bank development in Province of Aceh during the last decade. This study collected and analized literatures to examine the written sources of scientific journals, books, encyclopedias, scientific articles and other sources that are relevant and related to the studied object. The object of this study is the form of texts or writings that describe and explain about the development of sharia commercial banks in Province of Aceh, Indonesia. The result of this study indicated that the development of sharia commercial bank in Province of Aceh has been increasing in the last decade. The number of sharia commercial banks who run their bussiness in Province of Aceh increased from 2 (two) banks in year of 2007 to be 10 (ten) banks in 2012 and finally became 12 (twelve) banks in 2017. The number of asset values always increased year by year, however sometimes the value of saving and deposit had some fluctuation of value on certain year but the value of saving and deposit for total of one decade increased. The number of credit values especially consumption credit value also increased significanly year by year. One of conventional bank namely Bank Aceh has been converted to sharia systema s Bank Aceh Syariah in 2016 and has been operating as the biggest sharia bank in Province of Aceh.