Reducing dependence on moneylenders with Mawar Emas Program

Abstract

To develop a community, mosques play a variety of crucial roles, including providing social and economic support. To increase the significance of mosques, a program called Mawar Emas was developed. To help mosque congregations avoid relying on moneylenders, this program offers them training and financial support. The goal of this study is to learn more about the financial plans and programs for Mawar Emas. Through the use of the Atlas.ti program, this study employs a qualitative method. This study discovered that the Mawar Emas program's implementation included contributions from local governments, financial services authorities, bank and non-bank financial organizations, Islamic Economic Community institutions, and mosques. The Mawar Emas program is now creating eight characters. Eight institutions, including banks and non-banks, have expressed interest in sponsoring this program. These include Qardhul Hasan and commercial financing. Only two financial service organizations, nevertheless, distributed money to the general public.