Abstract
The challenge that Indonesia faces in processing natural and non-biological natural resources is the problem of waste management. High population figures, as well as increased incomes, affect consumption patterns that lead to increased waste generation in Indonesia. It is projected that in 2030 - 2050 waste production will increase, the problem of waste management in Indonesia can be seen from the following indicators, namely the high amount of waste generated, the level of waste management services is still low, limited number of final landfills, waste management institutions and cost problem. To overcome this problem, the issuance of wakalah sukuk as a source of funding for the waste industry center is a solution that can be done by the government. This research uses descriptive analysis research methodology with literature study data collection techniques. In the discussion explained about the concept of sustainable economy and wakalah state sukuk scheme in providing technology procurement financing to the waste processing industry. This research concluded that the wakalah state sukuk could be an alternative financing for technology procurement for the waste industry in increasing the effectiveness and efficiency of the company so that it is more environmentally sound and appropriate with SDG's.
Highlights
Indonesia is located in Southeast Asia in the Malay Islands between the Indian Ocean and the Pacific Ocean
The aim of this research is to explain the state sukuk sukuk model to analyze the implications of sukuk with the Wakalah structure in financing the waste industry center
Since the 70s and 80s, Indonesia's growth has reached around 8 percent per year, the rate of economic growth in 1989 reaching 7.46 percent
Summary
Indonesia is located in Southeast Asia in the Malay Islands between the Indian Ocean and the Pacific Ocean. Indonesia has a very high natural wealth. Besides the potential for gas and petroleum, a large amount of vegetable and biological wealth is owned. This can be seen from the volume of aquaculture production reaching 17.22 million tons in 2017 (Ministry of Maritime Affairs and Fisheries 2018). The Southeast Asia and Pacific Region produced 468 million tons of waste in 2016. On average this region produces an average of 0.56 kilograms per person per day (Fig.). The biggest contributing countries for waste in this region are high-income countries or island nations (Kaza et al 2018)
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