Exploration of risk mitigation practices for problematic financing in Bank Wakaf mikro’s

Jaya, Tiara Juliana ORCID: https://orcid.org/0000-0002-7598-7263, Meylianingrum, Kurniawati ORCID: https://orcid.org/0000-0002-0814-7512 and Kholilah, Kholilah ORCID: https://orcid.org/0000-0003-1828-9642 (2022) Exploration of risk mitigation practices for problematic financing in Bank Wakaf mikro’s. Al-Mashrafiyah : Jurnal Ekonomi, Keuangan, dan Perbankan Syariah, 6 (2). pp. 1-11. ISSN 2620-5661

Preview

Text 12941.pdf - Published Version Available under License Creative Commons Attribution. Download (661kB) | Preview

Abstract

Bank Wakaf Mikro has considerable MSME development potential by providing access to capital for MSMEs that cannot be financed by banks. However, this potential is not accompanied by high public literacy about BWM. The purpose of this study is to conduct empirical testing on the exploration of micro wakf bank strategies to mitigate financing risks. The common understanding of the community causes this institution only to be able to reach certain circles close to Islamic boarding schools. This study uses ethnomethodology to explore the practice of mitigating the risk of problematic financing in BWM Denanyar and Lirboyo as two of the first ten BWMs in Indonesia. The results of this study show that although managers do not use the term financing risk mitigation, risk mitigation practices have already begun with joint liability obligations on halmi. In BWM Denanyar, the strategy used is 2-2-1 in disbursement, intensive monitoring, and the Sistem Informasi Penerimaan OJK (SIPO). Meanwhile, BWM Lirboyo implements restrictions on the amount of financing, regular recitations, and continuous updating of member data. The impact of this strategy is NPF 0 in two BWMs. This research contributes to the potential addition of BWM waqf funds through direct fund management from Waqif so that the positive impact of BWM can be felt by many MSMEs.

Item Type:	Journal Article
Keywords:	Bank Wakaf Mikro,Risk Mitigation,Financing
Divisions:	Faculty of Economics > Department of Islamic Banking
Depositing User:	Tiara Juliana Jaya
Date Deposited:	28 Mar 2023 12:19

Downloads

Origin of downloads

Actions (login required)

View Item