Borneo Islamic Finance and Economics Journal

Analysis of Inhibiting Factors in the Micro Business Credit Financing Process and Implications for Customer Business Sustainability at Bank Syariah Indonesia Mukomuko Branch Office

Ayu Retno Trianingsih — 2026-06-23

This study aims to determine and analyze the implementation process of Sharia People's Business Credit (KUR Syariah) distribution, identify inhibiting factors in the financing process, and analyze the implications of these obstacles on the business sustainability of customers at Bank Syariah Indonesia (BSI) KCP Mukomuko. The research method used is qualitative with a descriptive approach. Data were collected through in-depth interviews with five informants consisting of the Micro Business Manager (MBS) and Retail Sales Executive (RSE), as well as through observation and documentation. The results showed that the distribution process of KUR Syariah at BSI KCP Mukomuko is carried out through stages of application, OJK SLIK file verification, field survey (On The Spot), 5C feasibility analysis (Character, Capacity, Capital, Collateral, Condition), to the signing of the murabahah contract. The main inhibiting factors found include internal factors in the form of technical and geographical constraints, as well as external factors such as the unreadiness of customer administrative documents and the low quality of the character or capacity of prospective debtors. The implications of these financing process obstacles impact delays in receiving capital which cause customers to lose business momentum; however, in general, successfully distributed financing provides positive implications for increasing turnover, adding assets, and expanding market reach for MSMEs in Mukomuko Regency.

Keywords: KUR Syariah, Inhibiting Factors, Business Sustainability, BSI KCP Mukomuko.

Digital Platforms and the Marginalization of MSMEs: An Islamic Economic Law Perspective in Parepare City

Sofyan Ahmad — 2026-06-23

Research on MSMEs and the digital economy generally focuses on digital marketing strategies and the validity of contracts in electronic transactions, while studies on the marginalization of MSMEs due to the structure and policies of digital platforms are still relatively limited. This study aims to analyze the marginalization mechanisms of Micro, Small, and Medium Enterprises (MSMEs) in the digital platform ecosystem and examine this phenomenon from the perspective of Islamic Economic Law. The study was conducted in Parepare City, South Sulawesi, using a descriptive qualitative research method with a field study approach. Data were obtained through in-depth interviews, observation, and documentation of nine MSMEs consisting of Culinary Businesses, Local Craft Businesses, Muslim Fashion Businesses, printing businesses, mixed shops, fried food businesses, Sultan Snacks, laundry, and graduation sash businesses. Data analysis was carried out through the stages of data reduction, data presentation, and drawing conclusions. The results show that digital platforms provide benefits in the form of expanded market access, increased consumer reach, and ease of transactions. However, on the other hand, marginalization mechanisms were found, characterized by dependence on platform algorithms, high service and promotion costs, the dominance of large-capital businesses, unequal price competition, and a lack of transparency in platform policies. From the perspective of Islamic Economic Law, this situation does not fully reflect the principles of justice (al-'adl), balance (tawazun), and public welfare (maqasid sharia). Furthermore, there are indications of elements of gharar (unlawful behavior) due to unclear algorithms and platform policies, which have the potential to harm MSMEs. Therefore, more transparent, accountable digital regulations are needed that support the protection and empowerment of MSMEs.

Keywords: MSMEs, Digital Platforms, Economic Marginalization, Islamic Economic Law, Fiqh Muamalah, Maqasid Sharia

The Role of Digital Technology in the Development of Sharia Entrepreneurship in Community Empowerment Efforts

Rudila Rudila Wati — 2026-06-24

Abstract

This research aims to understand the role of digital technology in supporting the development of sharia entrepreneurship and its contribution to community empowerment in the Perumdam Area, Bengkulu City. The research uses a qualitative method with data collection techniques through observation, interviews, and documentation from five research informants. The results of the study show that digital technology plays an important role as a means of business communication, promotional media, expanding market reach, and building good relationships with consumers, while still paying attention to sharia principles in it. In addition, it contributes to community empowerment through increasing family economic income, creating job opportunities, and community participation in economic activities, so that community business independence is formed. The novelty of this research lies in its focus on the integration of digital technology and sharia entrepreneurship practices at the micro level and their direct implications for community empowerment. Unlike previous studies that generally discuss digitalization, entrepreneurship training, or Islamic economics separately, this study provides a comprehensive perspective by examining how the utilization of digital technology in sharia-based MSMEs contributes to improving economic welfare, creating employment opportunities, and strengthening community independence in the Perumdam Area of Bengkulu City.

Keywords: Digital Technology, Sharia Entrepreneurship, Community Empowerment

Concentration of Wealth and Economic Inequality from the Perspective of Maqāṣid al-Syarī‘ah: A Case Study of Sidrap Regency

Nurul Asia — 2026-06-24

This study aims to analyze the concentration of wealth and the inequality of economic distribution in Sidenreng Rappang Regency and examine the role of sharia economic principles in realizing economic justice based on the maqāṣid al-syarī‘ah framework. This study uses a qualitative method with a field research approach. Data were obtained through in-depth interviews with seven informants consisting of academics, community leaders, business actors, and zakat institution managers, supported by observation and documentation. Data analysis was conducted using the interactive model of Miles and Huberman which includes data reduction, data presentation, and conclusion drawing/verification. The results of the study indicate that the inequality of economic distribution in Sidenreng Rappang Regency is influenced by the concentration of capital ownership, limited economic access for small communities, weak distribution of business opportunities, and the dominance of certain groups in controlling economic resources. These conditions cause the distribution of wealth to not be fair and equitableFrom the perspective of the maqāṣid al-syarī‘ah (Islamic principles), this phenomenon does not fully reflect the principles of distributive justice and social welfare because there are still obstacles in fulfilling the economic welfare of society in an inclusive manner. This study also found that Islamic economic instruments, such as zakat, infaq, sadaqah, waqf, and strengthening Islamic micro-enterprises, have strategic potential in reducing economic inequality. However, their implementation still faces various obstacles, particularly the dominance of consumptive distribution patterns and the suboptimal empowerment of the productive economy. Theoretically, this study expands the study of Islamic economics by placing the maqāṣid al-syarī‘ah as an analytical framework to evaluate the phenomenon of wealth concentration and economic inequality at the local level. Unlike previous studies that generally focused on the effectiveness of zakat, infaq, sadaqah, and waqf instruments, this study shows that wealth distribution also needs to be analyzed from the aspect of the structure of control of economic resources and the level of achievement of distributive justice in society. The novelty of this research lies in the integration of the perspectives of economic dominance and maqāṣid al-syarī‘ah in explaining the relationship between wealth concentration, community economic access, and the achievement of social welfare in the local economic context of Sidenreng Rappang Regency.

Keywords: Distribution of wealth, sharia economics, Sidenreng Rappang district, economic inequality, maqāṣid al-syarī‘ah.

Public Perception of the Use of Ecobricks as a Solution for Inorganic Waste Management Reviewed from the Principle of Benefit at the Rafflesia Sehati Foundation

Indah Permata Sari Hasibuan — 2026-06-24

This study aims to examine public perceptions of the use of ecobricks as a solution for managing inorganic waste from the perspective of the principle of public welfare at the Sehati Rafflesia Foundation in Bengkulu. This study employs a qualitative research method with a descriptive approach. Data collection techniques were conducted through interviews, observations, and documentation. The results of the study indicate that the community holds a positive perception of the use of ecobricks. The ecobrick program is considered capable of helping to reduce plastic waste, creating a cleaner environment, and raising public awareness regarding waste management. Based on the maqashid syariah perspective, the use of ecobricks demonstrates the presence of public interest encompassing hifz al-din, hifz al-nafs, hifz al-aql, hifz al-nasl, and hifz al-mal. The novelty of this study lies in examining community perceptions of ecobrick utilization within a community-based institution and analyzing them through the maqashid syariah framework, an approach that has received limited attention in previous studies on ecobricks and waste management.

Keywords: Public Perception, Ecobricks, Inorganic Waste Management, Public Welfare, Maqashid al-Sharia

Sharia Marketing Strategy Using SWOT Analysis At PT. Yotta Berkah Mulia

Rafika Nur Isna — 2026-06-26

This study aims to examine the implementation of sharia marketing strategies at PT. Yotta Berkah Mulia by utilizing SWOT analysis as a strategic evaluation tool. The research adopted a descriptive qualitative approach, with data collected through observation, interviews, questionnaires, and documentation. The findings show that PT. Yotta Berkah Mulia has successfully applied the four fundamental characteristics of sharia marketing, namely Theistic (Rabbaniyyah), Ethical (Akhlaqiyyah), Realistic (Al-Waqi’iyyah), and Humanistic (Al-Insaniyyah), in its marketing activities. The SWOT analysis was conducted to identify the company’s strengths, weaknesses, opportunities, and threats. Based on the results of the IFAS and EFAS matrices, the company is positioned in Quadrant II, indicating that it possesses strong internal capabilities despite facing several external challenges and threats. This position suggests that a diversification strategy is the most appropriate approach to maintain competitiveness and support future business growth. Furthermore, the results of this study are expected to contribute to the development of sharia-based marketing practices and serve as a reference for MSMEs in formulating more effective, adaptive, and sustainable marketing strategies.

Increasing Halal Awareness among Micro and Small Enterprises (MSEs) through the Role of Halal Product Process Facilitators (P3H) in the Free Halal Certification Program (SEHATI)

Pajar Ramadan — 2026-06-29

The global halal industry continues to grow rapidly, positioning halal certification not only as a religious obligation but also as a key indicator of product quality, safety, and market competitiveness. As a country with the world’s largest Muslim population, Indonesia has considerable potential to strengthen its national halal ecosystem. However, the implementation of mandatory halal certification among Micro and Small Enterprises (MSEs) still faces several obstacles, particularly low halal awareness and limited understanding of certification requirements and procedures. To address these challenges, the Halal Product Assurance Agency (BPJPH) launched the Free Halal Certification Program (SEHATI) and involved Halal Product Process Assistants (P3H) to provide direct guidance to business actors. This study aims to (1) analyze the role of P3H in supporting the implementation of SEHATI, (2) examine the level of halal awareness among MSEs, and (3) identify supporting and inhibiting factors affecting halal awareness in Bandung Regency. Using a qualitative descriptive approach, data were collected through interviews, observations, and documentation involving MSE owners and P3H assistants. The findings show that P3H plays an essential role as an educator, facilitator, and verifier, helping improve MSEs’ understanding of halal assurance and the steps required for certification. However, the effectiveness of this role is constrained by the limited number of active assistants, low halal literacy among business actors, and technical barriers in using the digital certification system. Overall, the study concludes that P3H significantly contributes to increasing halal awareness, yet further optimization through strengthened capacity, broader outreach, and better technological support remains necessary.

Keywords: Halal Awareness, Halal Product Process Assistants (P3H), Micro and Small Enterprises (MSEs), SEHATI Program, Halal Certification.