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All Journal Jurnal Indo-Islamika Dimas: Jurnal Pemikiran Agama untuk Pemberdayaan Jurnal Ilmiah Al-Syir'ah Shirkah: Journal of Economics and Business Riwayah : Jurnal Studi Hadis Mabny : Journal of Sharia Management and Business Journal of Islamic Economics, Management, and Business (JIEMB) Muslim Business and Economic Review International Journal of Islamic Finance (IJIF) Jurnal of Islamic Economic Studies
Isman, Ainul Fatha
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Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : International Journal of Islamic Finance (IJIF)

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Synergy of Islamic Social Finance and SMEs in Economic Recovery Due to The Covid-19 Pandemic Isman, Ainul Fatha; Mansir, Amalia Undip Putri; Sidang, Nur Khaerat
International Journal of Islamic Finance Vol. 1 No. 2 (2023): November 2023
Publisher : Department of Islamic Financial Management, Faculty of Economics and Islamic Business, Sunan Kalijaga State Islamic University, Yogyakarta, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/ijif.v1i2.2032

Abstract

Background: The existence of MSMEs in Indonesia constitutes the most significant part of the national economy and indicates community participation in various sectors of economic activity. One of the solutions offered in facing the financial crisis is the Islamic social finance sector. Objectives: The research aims to analyze concepts in dealing with the economic crisis caused by the Covid-19 pandemic in Indonesia. Novelty: The novelty of the research contains ideas for SMEs in economic recovery after the Covid-19 pandemic using an Islamic philanthropic approach. Research Methodology / Design: This research method is qualitative descriptive analysis with an inductive reasoning approach through content analysis and library research. Findings: The results of this research show that efforts are needed to recover the economy due to the Covid-19 pandemic by synergizing the concept of philanthropy, namely Zakat, Infaq, Shadaqah, and Waqaf (ZISWAF) with MSMEs, namely optimizing the collection and distribution of ZISWAF funds by implementing GCG (Good Corporate Governance). Collecting digital-based ZISWAF funds, mapping the distribution of regional-based ZISWAF funds, and developing MSMEs by strengthening capital, developing potential businesses, strengthening technology-based MSMEs, and empowering MSMEs based on regional potential.. Implication: Based on the research, this research implications for SMEs in business recovery with various funding innovations and business development models.
Co-Authors Abdurrahman Mansyur Aeni, Nur Cholifatul Ali Wardani, Ali Chuzaemah, Siti Eka Puspita Sari Elzaanin, Amina A.A Firdaus Firdaus Harahap, Burhanuddin Ibrashen, Ahmed Amhamed Ahmed Isman, Ikhwanul Fitrah Katman, Muhammad Nasri Mansir, Amalia Undip Putri Muhammad Umar Nashrullah, Nashrullah Nufus, Ilma Silmi Nur Hidayah Qamaruddin, Muh. Yusuf Rodhoni, Ahmad Rusanti, Ega Salju Salju, Salju Sidang, Nur Khaerat Tamami, Ahmad Ummu Kaltsum Wan Zulkiffli, Wan Farha binti