The Trace Of Colonialism In Sharia Banking In Indonesia: Structural Obstacles And Strategies For Decolonializing Management

Abstract

Colonialism has left a structural legacy that affects the legal, financial, and management paradigms, which have shaped the foundation of the modern financial sector and economic institutions in Muslim countries. In Indonesia, Islamic banking cannot be separated from the long-standing legacy of the colonial economic structure. This article examines the traces of colonialism in the field of Islamic banking in Indonesia, identifies existing structural obstacles, and formulates decolonization strategies for management that are relevant to the economic independence of the Muslim community. This research uses a qualitative approach, including literature review, historical analysis, and policy reports. The study's results show that the colonial legacy is still evident in three main aspects, namely the dualism of the financial system, dependence on colonial law, and the dominance of Western management thinking. The proposed decolonization strategies include strengthening the epistemology of Islamic economics, institutional reform, and business model innovation Based on local and Sharia values to strengthen the independence of the community. This study contributes to the development of theory and practice in Islamic banking management that is more independent and brings benefits.