Available online at: http://journal.uinsgd.ac.id/index.php/ks Khazanah Sosial, Vol. 4 No. 2: 378-390 DOI: 10.15575/ks.v4i2.17191 * Copyright (c) 2022 Dedy Rachmad, Asmuni, Sugianto This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License Received: February 20, 2022; In Revised : March 14, 2022; Accepted : June 22, 2022 The Problem of Revenue-Sharing Principles in Indonesian Islamic Banking based on Smart Theory Dedy Rachmad 1* , Asmuni 2 , Sugianto 3 1-3 Universitas Islam Negeri Sumatera Utara (UIN SU) Medan, Indonesia *Corresponding Author E-mail: dedyrachmad@gmail.com Abstract The problem of implementing the principle of revenue sharing in Indonesian Islamic banking until now has not found a bright spot. It was found that some Islamic banks closed their revenue-sharing products, especially mudharabah agreements. Related to this, in an effort to accommodate the wishes of customers/prospective customers and the interests of Islamic banks, there needs to be a theory that is considered able to bridge the interests of both parties. This paper tries to meet those demands, whereby a review of smart theory literature appears and becomes the main choice in the search for literature because this article provides a qualitative descriptive summary. This paper will also develop new concepts and theories in order to complement existing theories. The results of the analysis show that smart theory has a role in accommodating the interests of Islamic banks and customers/prospective customers, but the theory developed is still conventionally charged, so it cannot be fully applied in solving the problem of revenue sharing principles in Indonesian Islamic banking. Therefore, the new theory created is to combine smart theory with maslahat theory using several approaches such as ease aspects, aspects of supervision, religious aspects, social aspects, and methodological aspects in terms of flexibility. Keywords: Islamic Banking; revenue-sharing principles; smart theory. Abstrak Problematika pelaksanaan prinsip bagi hasil di perbankan syariah Indonesia hingga kini belum menemukan titik terang. Didapati beberapa bank syariah menutup produk bagi hasilnya terutama akad mudharabah. Terkait hal tersebut, dalam usaha mengakomodir keinginan para nasabah/calon nasabah dan kepentingan bank syariah, perlu adanya satu teori yang dipandang mampu menjembatani kepentingan kedua belah pihak. Tulisan ini mencoba untuk memenuhi tuntutan tersebut, dimana tinjauan literatur smart theory (teori cerdas) dimunculkan dan menjadi pilihan utama dalam pencarian literatur karena artikel ini menyediakan ringkasan deskriptif kualitatif. Tulisan ini juga akan mengembangkan konsep dan teori baru dalam rangka melengkapi teori yang sudah ada. Hasil analisis menunjukkan bahwa teori cerdas mempunyai peranan dalam mengakomodir kepentingan bank syariah dan nasabah/calon nasabah, namun teori yang dikembangkan masih bermuatan konvensional, sehingga hal tersebut belum sepenuhnya dapat diterapkan dalam menyelesaikan problematika prinsip bagi hasil di perbankan syariah Indonesia. Oleh karena itu, teori baru yang dibuat adalah dengan menggandingkan teori cerdas dengan konsep maslahat menggunakan beberapa pendekatan seperti aspek kemudahan, aspek pengawasan, aspek beragama, aspek sosial dan aspek metodologis dalam hal fleksibilitas. Kata kunci: Bank Syariah; bagi hasil; teori cerdas. INTRODUCTION Discussing Islamic banking activities in Indonesia will not be separated from talking about the interests of Islamic banks and also the interests of customers / prospective customers. The interests of both parties are closely related to the progress of Islamic bank institutions, especially about the large number of customers who will indirectly have an impact on the level of profitability of Islamic banks themselves (Pradesyah, 2020).