Musyarakah Mutanaqisah Research Articles

Analisis Implementasi Akad Musyarakah Mutanaqisah pada Pembiayaan ASN di Bank NTB Syariah Cabang Sriwijaya

Musyarakah Mutanaqishah is a form of cooperation between two or more parties for the ownership of an item or asset. Where this cooperation will reduce the ownership rights of one party while the other party increases its ownership rights, this transfer of ownership is through a payment mechanism for other ownership rights. This research aims to explain the implementation of the Musyarakah Mutanaqisah contract in ASN financing at Bank NTB Syariah Sriwijaya Branch and the obstacles in implementing the contract. The method used is descriptive qualitative by observing, evaluating, analyzing and describing the phenomena that occur in implementing the Musyarakah Mutanaqisah contract on ASN financing at Bank NTB Syariah Sriwijaya Branch. The results of the study state that the implementation of the Musyarakah Mutanaqisah (MMQ) contract for ASN consumer financing at Bank NTB Syariah Sriwijaya Branch has been carried out by the DSN-MUI fatwa as stated in the SOP for financing implementation. The obstacles faced by Bank NTB Syariah in the implementation of ASN financing with the MMQ contract include, among others, the lack of understanding of customers regarding the regulations and mechanisms for implementing financing with the Musyarakah Mutanqisah (MMQ) contract; some customers cannot provide proof of asset ownership on behalf of the customer or their spouse, some customers apply for financing without bringing their spouse for various reasons, and some customers are unable to provide funds for administrative and insurance costs required before the financing disbursement process can be carried out.

The Position of The Underlying Asset System in Musyarakah Mutanaqisah (MMq) Contract in Islamic Banking

This research aims to analyze the substance of related jurisprudence underlying asset in islamic economic law, analyzing the position of the system underlying asset in the financing agreement musharakah mutanaqisah (mmq) in the perspective of islamic economic law, and analyzing the application of the system underlying assets in the agreement musharakah mutanaqisah on sharia banking. This type of research is an empirical research type. Data is qualified as primary data and secondary data. Primary data was obtained through interviews and secondary data was obtained through literature study. The data collected was then processed using a qualitative analysis approach. The research results show that: 1) Underlying Asset position is based on the substance of fiqh as the basis for cooperation in an MMq contract, 2) Position Underlying Asset in the Musyarakah Mutanaqisah Agreement it can be categorized as the basis for cooperation in an MMq contract. In Islamic economic law, regarding the issue of musyarakah objects or MMQ objects being used as collateral, Islam prohibits goods used as transaction objects from becoming collateral/guarantee for the implementation of a mutual agreement, when the rental object has not beentangible when the contract is made, 3) The application of collateral in sharia banking is absolutely unavoidable. Requests for guarantees by banks from recipients of financing facilities are not only intended to ensure the return of the capital borrowed, but to ensure that recipients of financing facilities actually carry out everything that has been agreed upon in the contract, including Underlying Assets as a basis in the issuance of MMq contracts.

Implementasi Akad Musyarakah Mutanaqisah di BNU’26 Syariah Magelang

One of the obstacles in the Musyarakah Mutanaqisah contract is that two contracts must be carried out, namely cooperation (Syirkah) and rent (Ijarah). In implementing musyarakah mutanaqishah, two types of transactions are involved in one agreement. Therefore, capital goods are not only the object of transactions in musyarakah mutanaqishah but also function as objects in ijarah transactions for business development and as objects in buying and selling transactions to protect ownership of capital goods. This research aims to determine how the implementation of the musyarakah mutanaqisah contract at Bank BNU'26 Syariah Magelang is implemented. Mutanaqisah musyarakah contract is an agreement or arrangement between two or more people that is derivative and in the form of an agreement. This study uses qualitative methods with two approaches, namely interviews and observations. The results of this study confirm that BNU'26 Syariah, implementing the mutanaqisah musyarakah contract to customers, is there is cooperation between the bank and the customer in an effort based on mutual agreement. The contract can be agreed upon if the customer agrees to the requirements that Bank BNU'26 Syariah Magelang has determined.

Comparison Of Murabahah And Musyarakah Mutanaqisah Financing Management Strategies

This research analyses the comparison of murabaha and musyarakah mutanaqisah financing management strategies. This research is field research with data sources coming from primary and secondary data through observation, interviews, questionnaires, documentation and focus group discussions (FGD). Data analysis uses a mixed method approach, quantitatively and qualitatively using IFAS, EFAS matrices, SWOT diagrams and SWOT matrices. This research found advantages and disadvantages to murabaha and musyarakah mutanaqisah financing. Murabaha financing is quite familiar compared to musyarakah mutanaqisah financing and is currently in an aggressive strategic position with a strengths-opportunity score of 3.0. This position is very profitable for bank nagari syariah Bukittinggi. For musyarakah mutanaqisah financing, it is currently also in a favourable position. However, under Murabaha financing with a total strengths-opportunity score of 1.15, this position is still profitable for bank nagari syariah Bukittinggi. However, the weakness of musyarakah mutanaqisah means that financing distribution could be more optimal. Mutanaqisah musyarakah financing has incredible strengths and opportunities if it maximises its strategy. This research can complement existing theory and become a reference for bank nagari syariah Bukittinggi in improving its financing management strategy to support financing growth and meet community needs.

Analisis pembiayaan mikro UMKM dengan akad musyarakah mutanaqisah pada Bank Syariah Indonesia KCP Trunojoyo Bangkalan

This study was conducted with the aim of analyzing micro financing of MSMEs with the Musyarakah Mutanaqisah contract at Bank Syariah Indonesia, Trunojoyo Branch Office, Bangkalan. The research method used in this study is a qualitative descriptive method. Data collection techniques were carried out by observation and interviews. Based on the results of the study, it shows that in micro financing of MSMEs with the Musyarakah Mutanaqisah contract at Bank Syariah Indonesia, Trunojoyo Branch Office, Bangkalan through an agreement between the customer and the bank with an agreement on the assets or goods needed by the customer first, then the bank will conduct a field survey to the customer which will then be disbursed according to the approval of the head of the bank. It can be concluded that micro financing of MSMEs using the Musyarakah Mutanaqisah contract is a financing process for small and medium micro businesses through a financing agreement with a capital cooperation scheme for the purchase of goods or property in asset ownership with applicable sharia provisions.

Musyarakah Mutanaqisah: Strengthening Islamic Financing in Indonesia and Addressing Murabahah Vulnerabilities

The article analyses to examine the practice of murabahah and musyarakah mutanaqisah financing in sharia banking in Indonesia. Islamic finance plays an important role in the Indonesian economy, contributing to financial inclusion and encouraging ethical practices and sharia compliance. Among the various Islamic financing models, musyarakah mutanaqisah has become famous as an alternative to conventional financing methods. The aticle method used is qualitative research with secondary data and doctrinal legal study methods. This article uses sustainable product innovation, modernization, and compliance with sharia principles. The results of the article found that the implementation of murabahah has several weaknesses, including: it is considered not in accordance with sharia, the nature of the contract is fixed, the down payment for sharia housing loans by murabahah is high, it is based on sharia, and cannot be used for refinancing, takeovers, and securing assets. The advantages of musyarakah mutanaqisah can be a solution to murabahah's weaknesses, because musyarakah mutanaqisah is safe according to sharia, suitable for long-term financing, down payments for sharia mortgages by musyarakah mutanaqisah are low, and according to sharia, musyarakah mutanaqisah can also be used for refinancing, takeovers and securing assets.

Implementation of the MMQ Agreement in KPR ProductsOn Increasing Financing at Bank Muamalat KCP Kuningan

In Indonesia, the housing problem is very big, especially in metropolitan areas. Bank Muamalat offers iB Hijrah KPR with Murabahah and musyarakah mutanaqishah contract options. The research was conducted to understand the implementation of the musyarakah mutanaqisah contract in KPR products. on KPR Financing at Bank Muamlat KCP Kuningan. And the results of implementing the musyarakah mutanaqisah agreement on KPR products in increasing KPR financing at Bank Muamalat KCP Kuningan. This research uses a qualitative approach, with data sources used namely primary and secondary, and data collection techniques of observation, interviews, and documentation. Bank Muamalat KCP Kuningan implements the musyarakah mutanaqisah agreement in the iB Hijrah KPR financing product through three stages, including BI Checking for husbands and wives with five columns of financial assessment. The financing process involves musyarakah mutanaqisah and ijarah contracts, where customers gradually buy a house from the bank. Despite facing challenges in public understanding and document requirements, the bank carried out a thorough feasibility assessment process. Thus, the implementation of the musyarakah mutanaqisah agreement was proven to have a positive impact on increasing mortgage financing. Increasing the number of customers and sales volume of mortgage products with promotional and educational efforts. Annual data records increases and decreases in mortgage financing at Bank Muamalat KCP Kuningan. As seen from the annual data of Bank Muamalat Indonesia for 2022-2023 there has been an increase and in 2019-2021 there has been an increase and decrease. Bank Muamalat KCP Kuningan succeeded in overcoming obstacles in understanding and obtaining IMB in the implementation of the Musyarakah Mutanaqisah KPR iB Hijrah Agreement by implementing a relief policy. As well as being able to restore increased financing using a promotion, and education to the community, educational institutions, and government.

Prosedur Pembiayaan Musyarakah Mutanaqisah Pada Bank Syariah Indonesia KC Kuta Cane

Musyarakah mutanaqishah is musyarakah or syirkah ownership the assets (goods) or capital of one of the parties (shariq) are reduced due to gradual purchase by other parties. As well as a musyarakah agreement mutanaqishah is a combined contract between a musyarakah contract and a contract ijarah. Sharia syndicated financing is financing provided by two/more Islamic banks or financial institutions, with the same terms and conditions, using the same documents and administered by one bank. Regarding information on syndicated financing using a musyarakah agreement Mutanaqishah is still not widely known by the wider community until now This. So this research will focus on discussing contracts musyarakah mutanaqisah used in syndicated financing. Because This contract is a contract that needs to be socialized and more publicized the banking sector, because its existence is not widely known by the public common among other contracts which are also used for syndicated financing in sharia banking in Indonesia, after previously using contracts murabahah and ijarah mun tahiya bit tamlik.

Analisis Sistem Penerapan Profit Selling pada Akad Murabahah dan Musyarakah Mutanaqisah Dalam Menyalurkan Kredit Kepemilikan Rumah (KPR)

This research aims to determine the system analysis for implementing profit sales in murabahah and musyarakah mutanaqisah contracts in home ownership credit (KPR) financing in the case study of Bank Muamalat Kc Medan Balaikota. This thesis is a result that aims to find out how sales profits are applied in murabahah and musyarakah mutanaqisah contracts in home ownership credit (KPR) financing, how the comparison of sales profits in murabahah contracts and musyarakah mutanaqisah contracts, then what is the marketing strategy of Bank Muamalat KC Medan Balaikota in mortgage products. This research uses a descriptive qualitative approach method. The object of this research is Bank Muamalat Indonesia KC Medan Balaikota. Research results are determined by describing the results of interviews in the field and drawing conclusions from the results of interviews that have been conducted. This research shows that the application system for profit sales that has been implemented by Bank Muamalat KC Medan Balaikota on murabahah and musyarakah mutanaqisah contracts is in accordance with the theory reviewed based on a fixed margin and determined at the beginning. And in calculating the sales profit for each product, the lowest sales profit is from the Fix n Fix murabahah contract.

Musyarakah Mutanaqisah: A Systematic Literature Review

The present research aims to highlight trends in the previous research conducted on the Musyarakah Mutanaqisah arrangement. This research conducted a systematic literature review on the Musyarakah Mutanaqisah arrangement on the Scopus database from 2018 until July 2023. This research includes 21 journal articles from the 29 documents retrieved from the Scopus database. It was found that interviews and questionnaire surveys were the most frequently used methods in researching Musyarakah Mutanaqisah. Diverse variables have been studied in previous research. Most previous research on the Musyarakah Mutanaqisah arrangement was carried out in Malaysia since Malaysia is the leader in Islamic finance. Not all previous research was supported by theories or models. Most of the previous research on Musyarakah Mutanaqisah has focused on home financing facility. The findings from the present research can provide the foundation for future research on the Musyarakah Mutanaqisah arrangement.

Implementasi Multi Akad Dalam Transaksi Ekonomi Syariah

The renewal of muamalah contracts is very important for the development of more dynamic, progressive and innovative Islamic banking products, so that they can compete with existing conventional banking products. The purpose of this study was to examine the legal basis and design of these multiple contracts and their application in Islamic banking products. The method used in this research is library research. with research. The results of this study are that one of the constructive efforts that is very helpful in developing Islamic banking products is al-jam'u bainal uqud/multi contract, this is a new contract that has never been discussed in classical fiqh books. Scholars allow these multiple contracts as long as they do not violate Islamic principles and values ​​because the purpose of the contracts is to clarify rights and obligations and avoid tyranny that leads to the benefit of humans in this world and the hereafter. Multi contracts in musyarakah mutanaqishah products, namely, syirkah, ijarah, and buying and selling, these contracts form one product, in ijarah Muntiyah bit-tamlik, namely wa'd contracts (promises), ijarah and buying and selling also form one product. These contracts become integrated or there is ta'alluq or attachment and linkages between contracts.
 Keywords: Multi Contract, Musyarakah Mutanaqisah, Ijarah Muntakiya Bit-Tamlik

Comparative Analysis of Murabahah Financing Agreement with Musyarakah Mutanaqisah Financing Agreement in Indonesia's Sharia Banking System

Indonesia is one of the largest Islamic countries in the world. In 2021, Indonesia has officially formed Bank Syariah Indonesia combined with 3 private Islamic banks, namely Bank BRI Syariah, Bank Mandiri Syariah and BNI Syariah. The purpose of Bank Syariah Indonesia is to facilitate sharia-based services that avoid customers from transactions containing elements of usury, gharar, maisir, haram and Zalim which are commonly applied in conventional banking in general in the form of interest. Islamic banking in Indonesia takes advantage not from usury but from financing or buying and selling goods carried out by banks with customers according to customer wishes and needs. One of the financing that is usually in demand by customers is the murabahah financing contract and the musyarakah mutanaqisah financing contract. These two contracts are the same as taking advantage of buying and selling goods but murabahah is more dominant in financing without a down payment and goods that have been determined from the beginning of the contract while muyarakah mutanaqisah is more dominant in financing the needs desired by customers in the form of cash instead of goods.

PENERAPAN PRINSIP 5P DALAM MEMINIMALISIR RISIKO PEMBIAYAAN MUSYARAKAH MUTANAQISAH PADA PT. BANK NTB SYARIAH

The purpose of this study is to find out how to apply the 5P principle (party, purpose, payment, profitability, protection) in minimizing the risk of providing musyarakah mutanaqisah financing and find out whether or not the application of the 5P principle is effective in minimizing financing risk. This research uses a qualitative approach and by researching directly at PT. Bank NTB Syariah. This type of research data uses primary and secondary data types, data collection techniques through observation, interviews, and documentation. The informant came from the consumer finance division and risk management desk. The result of this study is the application of the 5P principle in minimizing the risk of providing musyarakah mutanaqisah financing at PT. Bank NTB Syariah has been applied according to theories on every principle and has applied the precautionary principle as in Law No.21 of 2008 concerning Sharia Banking in Article 2 and Article 23 paragraphs (1) and (2), and Bank Indonesia Regulation No.14 of 2012 concerning Asset Quality Assessment of Commercial Banks, in Article 2 paragraphs (1) and (2). Then the effectiveness of the application of the 5P principle in 2019 to 2021 has been very effective in minimizing the risk of musyarakah mutanaqisah financing, this is based on the results of interviews and observations from Non-Performing Financing which is decreasing and the bank can achieve the Non Performing Financing target contained in the Bank's Business Plan in 2019 to 2021

Implementasi Akad Musyarakah Mutaqisah Pada Pembiayaraan Kpr Di Bank Panin Dubai Syariah KC Malang

This article aims to analyze the implementation of the musyarakah mutanaqishah contract in mortgage financing at Bank Panin Dubai Syariah KC Malang. The research method used is descriptive qualitative method by conducting interviews. The results of the analysis show that the implementation of the musyarakah mutanaqisah contract on mortgages at Bank Panin Dubai Syariah is in accordance with the DSN Fatwa Number 73/DSNMUI/XI/2008 concerning the Musyarakah Mutanaqisah Agreement, which is to cooperate between the bank and the customer to buy an asset which will then reduce ownership rights. one party through a payment mechanism. Where there is a minimum capital requirement of 20% that must be met in it.

Analisis Pemahaman Mahasiswa Perbankan Syariah Terhadap Akad Musyarakah Mutanaqishah

ABSTRACT
 This study aims to determine the level of understanding of Islamic Banking students class 2018 Faculty of Economics and Islamic Business Fatmawati Sukarno Bengkulu State Islamic University towards the musyarakah mutanaqisah contract. This type of research is field research, using a qualitative approach. This research was conducted in June 2022, at the Faculty of Economics and Islamic Business, UINFAS Bengkulu. Sources of data used are primary data sources obtained directly from students of the Faculty of Economics and Islamic Business who serve as respondents, and secondary data sources come from books, as well as other literature related to research. Data collection techniques used are Observation, Interview, and Documentation. The results of this study are to determine student understanding, researchers are guided by three categories, namely the ability to translate, the ability to interpret, and the ability to extrapolate. Based on these three categories, the level of understanding of the 8th semester students of the Islamic Banking study program at UINFAS Bengkulu about the musyarakah mutanaqisah contract is in a good percentage, many respondents easily translate each question given using their own language based on the material that has been given during lectures. Besides being able to translate, respondents are also able to interpret the material being asked, and are able to extrapolate.
 
 Keywords : understanding, sharia banking, musyarakah mutanaqisah

Dana Sukuk sebagai Alternative Sumber Dana Pembiayaan pada Bank Syariah

This study looks at the issuance and development of sukuk at Bank CIMB NIAGA Syariah and looks at the utilization of sukuk funds at Bank Cimb Niaga CIMB NIAGA Syariah. The method in this research uses descriptive qualitative, in data collection using documentation techniques with secondary data as the analysis. The purpose of this research is to determine the process of issuance and development of sukuk funds at Bank CIMB NIAGA Syariah and to determine the utilization of sukuk funds at Bank CIMB Niaga Syariah. The function of this research is to be able to increase scientific literature in the field of Islamic capital markets related to Islamic banking, related to Sharia Bank Sukuk. The result of this research is that in the issuance of Sukuk Mudharabah Bank CIMB NIAGA Syariah has followed the POJK rules, which have been explained in several articles related to the issuance of Sukuk Mudharabah. And there is conformity in the Sukuk Mudharabah issuance scheme according to the OJK with the CIMB NIAGA Syariah Bank Sukuk Mudharabah scheme. As for the development of sukuk funds at Bank CIMB NIAGA Syariah, it has been running according to the target in their issuance and it can be said that the bank with the highest value of sukuk registered with the Indonesian Financial Services Authority is Bank CIMB NIAGA Syariah. In utilizing sukuk funds at Bank CIMB NIAGA Syariah, use them to support sharia financing with a musyarakah mutanaqisah (MMQ) financing contract Keywords: Fund Utilization, Sukuk Mudharabah, Sharia Financing Musyarakah Mutanaqisah

Comparative analysis of murabahah and musyarakah mutanaqisah contract in Islamic home financing ownership at Islamic bank

This research aims to determine the implementation of the murabahah contract and musyarakah mutanaqisah on ownership financing houses in Islamic Banks, as well as the use of musyarakah mutanaqisah contracts as financing product innovations house ownership with a qualitative method. The data in this study were obtained by interview,observation, and documentation. The data sources used are primary data and data secondary. Results from study proofs that the use of musyarakah mutanaqisah contract on home financing ownership in Islamic banks can be product innovation because its use is more flexible and can be used for various product financing. Whereas part big product home financing ownership in Islamic banks still uses a murabahah contract because of a fix installment. Otherwise, musyarakah mutanaqisah contract is an that should not be missed, although not familiar, this contract provides more benefits for the bank and convenience for the customer.

Analysis of the Mutanaqisah Musyarakah Contract as a Solution for Home Ownership Financing in Islamic Banking

The need for residential houses is currently increasing. Islamic financial institutions, especially Islamic banking, offer a variety of products and services to face the needs of the community. Murabahah contracts are still a prima donna product in Indonesia, but murabahah has many weaknesses in its implementation. The presence of musyarakah mutanaqisah can be the best solution for property ownership for the community. The research method used is a qualitative approach with descriptive analysis and literature. This study aims to analyze the implementation and advantages of musyarakah mutanaqisah contracts in financing home ownership in Islamic banking. The results of the analysis show that the implementation of MMQ can be a solution for the community in fulfilling their prerequisites, but there are many things in musyarakah mutanaqisah that must be understood so that this product can run well in Indonesia. The benefits of musyarakah mutanaqisah contracts for customers are financing with relatively longer terms and additional spare parts that are more affordable.

Aplikasi Akad Musyarakah Mutanaqisah dalam Pembiayaan Online pada Fitur Mitraguna Bank Syariah Indonesia Mobile

Islamic banking has a rapid development in the financial sector. Many innovations have emerged in today's digital era. Digital Islamic banking has become a convenience for many customers, where in the palm of their hands all needs can be met with digital banking. Bank Syariah Indonesia is also one of the pioneers of digital banking innovation. One of its very interesting features is online financing by implementing a sharia refinancing agreement with the al-bai' scheme in the context of musyarakah mutanaqisah.

Implementation Strategy of the Mutanaqishah Musyarakah Academic at Home Ownership Financing in Sharia Banks in Indonesia

This research aims to: (1) Knowing the obstacles faced in implementing the Mutanaqisah Musharaka Financing (2) The solutions taken to overcome these obstacles; and (3) the right strategy to apply musyarakah mutanaqisah financing. This study uses the Analytic Network Process (ANP) method and the assistance of Super Decision software. ANP is carried out in three stages, namely: first, in-depth interviews with Islamic banking experts and practitioners to identify the factors that influence the minimum amount of musyarakah mutanaqisah. Second, the results of the first step are used to create an ANP framework and a questionnaire addressed to Islamic banking experts and practitioners; and third, ANP analysis to determine the best priorities, solutions and strategies for implementing Musyarakah mutanaqisah financing in Islamic banking.The results showed that: (1) The constraints faced by Islamic banking in implementing Musyarakah Mutanaqisah financing for Islamic banking KPRS financing can be divided into two, namely internal and external problems. Internal problems stem from internal banking, banking human resources, and musyarakah mutanaqisah financing products. External problems originate from customers, authorities, and Islamic banks. The most priority problem faced is internal problems, namely human resources (HR) associated with low knowledge and skills about the MMQ contract. Meanwhile, the most dominant external problem is Islamic banking with a lack of insight into the MMQ contract. (2) The solutions given in determining the financing strategy for the musyarakah mutanaqisah are divided into two, namely internal and external solutions. The most priority solution comes from internal solutions, namely product solutions in the form of Islamic banking that must vary the contract, especially for the MMQ contract; and (3) The alternative with the most priority in determining the financing implementation strategy with the musyarakah mutanaqisah contract in Islamic banking is the Socialization and Education Program, followed by Contract Optimization, Portfolio Development, Image Strengthening, MMQ Segmentation Mapping, and MMQ financing market segmentation.