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Employment Potential: Strategic Priorities for Livestock Clusters, Indonesian Micro Waqf Banks Rahmat Dahlan; Muhamad Fauzi; Ssonko Muhammedi; Umar Akem; Harun Masykur
Journal of Islamic Economics Perspectives Vol. 7 No. 2 (2025): September (2025) Journal of Islamic Economics Perspectives
Publisher : Faculty of Islamic Economics and Business, State Islamic University of  Kiai Haji Achmad Siddiq Jember, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35719/40f00k02

Abstract

Micro Waqf Banks (MWBs) in Indonesia play a vital role in financing and supporting micro-entrepreneurs, particularly within pesantren communities. The study aims to identify and analyse strategic priorities that MWBs can adopt to enhance job creation, focusing specifically on entrepreneurship within livestock clusters. A qualitative case study approach was employed, gathering data through questionnaires and in-depth interviews with supervisors, managers, and customers from three MWBs in Banten Province: El Manahij, Lan Taburo, and An Nawawi. Data validity was ensured by source triangulation, and analysis was performed using the Analytical Network Process technique supported by Super Decisions software. Findings reveal that job creation is a central priority in entrepreneurship development within MWBs, primarily through the livestock cluster model. This priority is underpinned by three interrelated components of financing: ease of access, business assistance and mentoring, livestock technical training, marketing, and managerial support. The study highlights the crucial role of MWBs in supporting SMEs by integrating these strategies effectively. Through targeted mentoring programmes, flexible financing schemes compliant with Islamic principles, and comprehensive entrepreneurship training, MWBs can unlock significant employment opportunities for micro-entrepreneurs engaged in livestock activities. Policy recommendations urge the government and stakeholders to prioritise enhanced support for mentoring, financing, and entrepreneurship training tailored to MWBs. Future research should explore the applicability of these strategic priorities in other regions and evaluate different mentoring models to generalise findings and optimise MWB strategies nationwide.