Securities Crowdfunding (SCF) Syariah Berbasis Sukuk Sebagai Solusi Permodalan UMK Halal Di Indonesia

Abstract

Capital serves as a metric for evaluating the performance of Micro, Small, and Medium Enterprises (UMK) in Indonesia. Halal product-focused MSEs necessitate a steady flow of money derived exclusively from halal sources. Currently, the capital acquired is derived from financial institutions in both conventional and sharia banking sectors through the imposition of collateral. Sharia SCF is a digital platform that facilitates the connection between business operators and investors in a virtual environment, simplifying the process of investing. This study aims to address the issue of capital acquisition for halal micro and small enterprises (MSEs). The proposed method utilizes a prospective analysis to determine the viability of a sukuk-based Sharia SCF. Qualitative descriptive research methods, including literature studies, are employed to delve more into the findings of the analysis. The study's findings indicate that sukuk-based Sharia SCF can serve as a viable alternative source of business capital that is assured to be halal. MSE actors have the opportunity to enhance their business by leveraging the SCF provider platform in Indonesia, which offers attractive investment returns. SHAFIQ and LBS Crowdfunding are platforms that facilitate the execution of sharia-compliant investments, specifically sukuk. Enforcing halal certification as a requirement can serve as a catalyst for the growth of the Micro, Small, and Medium Enterprises (MSE) sector in Indonesia, positioning it as a key player in the halal industry by 2024.