Capital management of Micro Waqf Bank Towards Sustainable Islamic Social Finance: Between challenges and expectations

Ningrum, Ririn Tri Puspita, Putri, Oktaria Ardika, Djalaluddin, Ahmad ORCID: and Samsuri, Ali (2023) Capital management of Micro Waqf Bank Towards Sustainable Islamic Social Finance: Between challenges and expectations. Presented at International Collaboration Conference on Islamic Economics, August, 09-10, 2023, Surabaya, East Java, Indonesia.

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Micro Waqf Bank (BWM) established as an inclusive financial institution with the aim to providing access to capital without interest, without collateral, low yields, with the concept of “tanggung renteng” and providing assistance for Micro Small Enterprises (MSEs) that difficulty obtaining financing accessibility to formal financial institutions (unbankable). As a social financial institution, Micro Waqf Banks are required to be able to run their programs in a sustainable manner. However, in fact, there are many obstacles related to capital sources and management that tend to be limited, making it difficult for this institution to develop and run financial programs in a sustainable. This research is included in the category of descriptive qualitative research. Using data collection techniques in the form of interviews, observations and documentation, this study aims to answer the formulation of the problems: how to challenge and expectations for the implementation of capital management at Micro Waqf Banks to achieve a sustainable financial system. The findings of this study are: First, the challenge of capital management in micro waqf banks is the provision of product regulations and contracts that close the opportunity for institutions to develop their finances optimally. Second, the expectation related to the challenges of capital management of micro waqf banks is the opportunity for institutions to be able to innovate to develop capital sources through regulatory support and building good ISF Ecosystems

Item Type: Conference (Paper)
Keywords: Capital Management; Micro Waqf Bank; Sustainable Finance
Subjects: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment
Divisions: Graduate Schools > Magister Programme > Graduate School of Islamic Economics
Depositing User: Dr. Ahmad Djalaluddin
Date Deposited: 18 Jan 2024 12:57


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