The Role of Mudharabah Contracts Towards MSME Capitalization in Samarinda
Jurnal Penelitian Ilmiah INTAJ, volume 8, issue 2, 2024[10.35897/intaj.v8i2.1612]
10 Pages Posted: 6 Jan 2025
Date Written: October 06, 2024
Abstract
This research aims to analyze the role of the mudharabah contract in supporting the capital of Micro, Small, and Medium Enterprises (MSMEs) in Samarinda, using a case study of the Syariah Quantum Mandiri Madani Savings and Loan Cooperative (KSPP). The mudharabah contract is an Islamic financial instrument that has the potential to assist MSMEs' capital needs through a profit-sharing scheme, where the capital owner provides funds to the business manager, and profits are shared according to an agreed ratio. This study employs a qualitative descriptive method, with primary data collected through in-depth interviews and observations with three informants: two MSME entrepreneurs and one KSPP member. The results reveal that the mudharabah contract has a positive impact on MSME development, particularly in increasing production capacity and market expansion. However, challenges such as market fluctuations and business management difficulties hinder some entrepreneurs from fulfilling their profit-sharing obligations. The novelty of this study lies in its in-depth analysis of mudharabah contract implementation in Samarinda, a topic rarely explored, and its impact on MSME capital. This research provides significant implications for the development of more efficient and sustainable Islamic financing schemes, particularly in supporting small businesses in regional areas.
Keywords: Mudharabah, Small Business, Financing, Islamic Finance
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