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Sharia Financial Inclusion Based on Local Cultural Values to Support the Sustainability of Small Traders' Businesses Hanifuddin, Iza; Kasanah, Nur; Bianda, Ryan
Hikmatuna : Journal for Integrative Islamic Studies Vol 11 No 2 (2025): Hikmatuna: Journal for Integrative Islamic Studies, December 2025
Publisher : Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28918/hikmatuna.v11i2.12750

Abstract

Sharia financial inclusion has significant urgency in economic and social development, especially in countries with a majority Muslim population. Small traders often face difficulties in obtaining financing to support and sustain the growth of their businesses. This descriptive qualitative research, employing an ethnographic approach, aims to document and explore Sharia financial inclusion initiatives carried out by Baitul Mal wa Tamwil Mandiri Mandiri Berkah Sejahtera Sharia (BMT MBS Sharia) in support of the sustainability of small trader businesses. Data collection techniques are through observation, interviews, and documentation. Data analysis involved data reduction, data presentation, and drawing conclusions. The results of the research show: 1) the implementation of financial inclusion carried out by BMT MBS Sharia by providing easy savings transactions with sharia contracts, implementing a pick-up system with a Jagongan communication pattern, giving direct prizes without drawing lots, and adjusting to the trading times of partners who use the Krempyeng market system in Javanese calendar market days,  2) BMT MBS Sharia adopts local cultural values because they are more acceptable and easy to adapt to the conditions of market traders, and 3) the impact of inclusion carried out by BMT MBS Sharia is that as many as 863 small traders from 15 traditional markets are disciplined in saving, no again trapped by loan sharks,  and has a priority to get a financing program from BMT MBS Sharia, and can set aside to share. In this way, the existence of BMT MBS Shariah, a micro-Shariah financial institution, can help small traders survive.
Dari Fatwa ke Kebijakan Luar Negeri: Analisis Maqāṣid al-Sharī‘ah terhadap Fatwa MUI Tahun 2024 tentang Hubungan Internasional Bianda, Ryan; Gunaepi, Aang; Yosef Niteh, Muhammad; Ahmad, Maad
Al-'Adl Vol. 19 No. 1 (2026): Al-'Adl
Publisher : Institut Agama Islam Negeri Kendari

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Abstract

The growing complexity of global diplomacy and ethical governance urges scholars to revisit Islamic legal reasoning as a moral compass in international relations. This study aims to analyze the 2024 Fatwa of the Indonesian Council of Ulama (MUI) on the Principles of International Relations through the framework of maqāṣid al-Sharī‘ah. Using a qualitative normative approach, the research examines theological foundations, juridical arguments, and ethical implications by comparing the fatwa’s substance with classical Islamic legal sources and contemporary global ethics. The findings indicate that the fatwa operationalizes maqāṣidic principles such as justice, the preservation of life, and human dignity, affirming Islam’s compatibility with universal humanitarian norms. It further positions Islamic jurisprudence as a constructive partner in global governance through moral diplomacy grounded in compassion and fairness. The integration of maqāṣid al-Sharī‘ah within diplomatic frameworks highlights its potential to guide ethical policymaking and promote global solidarity. Ultimately, the fatwa redefines the role of Islamic law in shaping inclusive and humane diplomacy, offering a normative model for ethical engagement in international affairs.