Analisis Terhadap penerapan akad Istishna' berdasarakn PSAK 104 dalam Akuntansi Syari'ah di Lembaga Keuangan Syari'ah

Abstract

This study aims to analyze the application of the Istishna' contract based on PSAK 104 in sharia accounting in Islamic financial institutions. Through a literature study method, the study examines the basic concept of the Istishna' contract, its legal basis, and accounting treatments related to revenue recognition, project progress measurement, and asset and liability recording in accordance with PSAK 104. The results of the study indicate that the application of PSAK 104 can improve transparency, fairness, and accountability in reporting Istishna' financing. However, implementation in the field still faces challenges, including the difficulty in determining the percentage of project progress accurately and limited human resource competency in sharia accounting. Therefore, it is necessary to increase the capacity of practitioners and consistent application of standards so that Istishna' financing reporting can run more optimally and remain in accordance with sharia principles.