UNRAVELING THE ECONOMICS  SHIFTS AND CHALLENGES IN ACEH AFTER THE IMPLEMENTATION OF QANUN ON SHARIA FINANCIAL INSTITUTIONS NUMBER 11 OF 2018

Dewi Maya Sari; Desy Puspita; Ainul Ridha

Authors

Dewi Maya Sari Politeknik Aceh
Desy Puspita Politeknik Kutaraja
Ainul Ridha Sekolah Tinggi Ilmu Ekonomi Sabang

Keywords:

Economic Growth, Investment, Gross Regional Domestic Product, Qanun of Sharia Financial Institution

Abstract

The study aims to explore the impact of the implementation of Charter No. 11 of 2018 on the Shariah Financial Institution in Aceh on economic growth, with a focus on investment and regional gross domestic product. The method used is the study of literature with a descriptive-analytic approach. The data used are derived from various scientific references and statistical data, including investment realization and GDP. The results of the research showed a significant increase in the value of investment in Aceh after the implementation of the Shariah Financial Institution’s Qanun. The implementation of this Qanun has triggered consistent investment growth from year to year. In addition, there has been a steady increase in Aceh's GDP. The implications of this study are that Shariah economic policies in Aceh have a positive impact on the economic growth of the region, especially in terms of increased investment and GDP.

Author Biographies

Dewi Maya Sari, Politeknik Aceh

Accounting Study Program

Desy Puspita, Politeknik Kutaraja

Public Sector Financial Mangement Study Program

Ainul Ridha, Sekolah Tinggi Ilmu Ekonomi Sabang

Accounting Study Program

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