<![CDATA[This study examines the impact of the woman empowerment program (PMTU) initiated by Dompet Dhuafa through the Lembaga Pelayan Masyarakat (LPM) in Bogor and Tangerang Regency, Indonesia. The program aims to address women’s economic vulnerability, limited access to business capital, low financial literacy, and dependence on interest-based financing by positioning majelis taklim (Islamic study group) as a community-based platform for economic empowerment and socio-religious attitudinal transformation. The main interventions include the provision of qardhul hasan-based revolving capital, capacity-building training on microenterprise management and financial literacy, and group-based managerial mentoring within majelis taklim communities. This study employs an evaluative Social Return on Investment (SROI) methodology in accordance with the principles of Social Value International to assess program outcomes over the 2023–2025 period. Data were collected through in-depth interviews, focus group discussions (FGDs), field observations and secondary data analysis involving 87 respondents representing key stakeholders. The findings indicate that the program achieved a cumulative SROI ratio of 2.82, meaning that every IDR 1 invested generated social benefits valued at IDR 2.82. The largest share of impact accrued to Majelis Taklim Ummahat members as primary beneficiaries, accounting for 63.54% of total social value, followed by majelis taklim administrators (12.49%), program facilitators (21.17%), and Dompet Dhuafa as the implementing institution (2.81%). Based on the sustainability value compass, program impacts were dominated by Well-being (46.52%) and economic (37.10%) dimensions, with the remaining 16.39% attributed to social outcomes. These findings confirm that the PMTU program is both viable and effective in generating substantial social and economic value, while strengthening the role of majelis taklim as a strategic platform for women’s empowerment and sustainable economic self-reliance.]]>
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