PENERAPAN AKAD MURABAHAH PADA PROGRAM PEMBIAYAAN DANA PENSIUN DI BSI KCP PARE SUPRATMAN

Abstract

This study aims to analyze the application of the murabahah contract in the pension fund financing program at Bank Syariah Indonesia (BSI) Pare, The murabahah contract is one of the important instruments in Islamic financing, where the bank acts as a seller who provides goods or services, while the customer as a buyer who pays the principal price plus an agreed profit margin. In the context of pension funds, BSI uses this contract to facilitate the needs of retired customers in meeting their financial needs while adhering to sharia principles. This research was conducted through a descriptive qualitative method with a case study approach at BSI Pare. The results show that the application of the murabahah contract in pension fund financing products involves a transparent process, from offering the cost of goods to determining the profit margin, In addition, this contract makes it easy for retired customers to obtain financing with flexible payment schemes and according to their abilities, However, the main challenge in implementing the murabahah contract is educating customers about sharia concepts and financing mechanisms that are different from conventional banks. Overall, the implementation of the murabaha contract at BSI Pare not only complies with sharia regulations, but also makes a positive contribution in increasing financial inclusion for the retired community.