Ahmad Ramdhani Mungkur
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EFEKTIVITAS MANAJEMEN PEMBIAYAAN SYARIAH DALAM MENGEMBANGKAN SEKTOR RIIL Wa Ode Jeslin; Ahmad Ramdhani Mungkur; Mella Afrina; Muhammad Ikhsan Harahap
INTERNATIONAL, Journal of Sharia Business Management Vol 4 No 4 (2025)
Publisher : CV. Barokah Publsiher

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Abstract

This study aims to analyze the effectiveness of Islamic financing management in developing the real sector in Indonesia. The research employs a qualitative descriptive approach through an extensive literature review of academic journals, financial institution reports, and official policy documents related to Islamic finance. The findings indicate that Islamic financing significantly strengthens the real sector foundation through partnership-based contracts such as mudharabah and musyarakah, which enhance MSME productivity and create new employment opportunities. Moreover, fiscal instruments such as Sukuk Negara (Islamic Sovereign Bonds) play a pivotal role in financing national development projects that are productive, sustainable, and compliant with Islamic principles. The main challenges include limited financial literacy, lack of product innovation, and concentration of financing in specific sectors. This study concludes that the effectiveness of Islamic financing management depends not only on financial performance but also on the integration of regulatory frameworks, digital innovation, and public literacy. Therefore, synergy between fiscal, monetary, and Islamic financial institutions is essential to realize a fair, productive, and sustainable Islamic economy in Indonesia.
PENTINGNYA ANGGARAN KAS DALAM MENJAGA LIKUIDITAS DAN STABILITAS OPERASIONAL PERUSAHAAN Ahmad Ramdhani Mungkur; Dinda Nurayuni Humaira; Nurhikmah Berasa; Dini Vientiany
INTERNATIONAL, Journal of Sharia Business Management Vol 4 No 4 (2025)
Publisher : CV. Barokah Publsiher

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Abstract

Cash budgeting is an essential instrument in corporate financial management as it directly influences cash flow management, liquidity, and operational stability. This study aims to analyze the importance of cash budgets in maintaining liquidity and operational stability in companies. The research employs a qualitative approach using a descriptive method through a literature review. Data were collected from relevant academic sources, including accounting and financial management textbooks as well as national and international journal articles, particularly publications from 2021 to 2025. The findings indicate that a systematic and realistic cash budget enables companies to manage cash inflows and outflows more effectively, allowing short-term obligations to be met on time and reducing liquidity risk. Furthermore, cash budgeting functions as a preventive control tool that supports operational stability, especially in conditions of cash flow uncertainty. This study concludes that cash budgeting plays a strategic role as a planning, control, and decision-making tool in ensuring sustainable business operations. Therefore, companies are encouraged to continuously improve the preparation and evaluation of their cash budgets.