Economic Sustainability For Islamic Nanofinance Through Waqf-Sukuk Linkage Program (Case Study In Indonesia)
International Journal of Islamic Economics and Finance Studies
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Title |
Economic Sustainability For Islamic Nanofinance Through Waqf-Sukuk Linkage Program (Case Study In Indonesia)
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Creator |
Musari, Khairunnisa
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Description |
This paper argues that sukuk potentially to be an Islamic nanofinance instrument for mobilizing fund to the very micro society. Further, collaboration sukuk and waqf can be an innovation for economic sustainability, particular to get low cost fund to finance the very micro society without interest rate. Hence, this paper attempts to: (1) Introduce nanofinance of microfinance institutions in Indonesia; (2) Introduce cooperative sukuk as a local wisdom of microfinance institution in Indonesia to finance the real sector; (3) Propose model of waqf-sukuk linkage program for nanofinance by synergizing Islamic banks, waqf institutions and microfinance institutions to encourage Islamic financial inclusion for the very micro society.
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Publisher |
www.pesar.org
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Contributor |
—
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Date |
2016-12-12
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://ijisef.org/index.php/IJISEF/article/view/150
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Source |
International Journal of Islamic Economics and Finance Studies; Vol 2, No 3 (2016): November/Kasım 2016
Uluslararası İslam Ekonomisi ve Finansı Araştırmaları Dergisi; Vol 2, No 3 (2016): November/Kasım 2016 2149-8407 2149-8393 |
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Language |
eng
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Relation |
http://ijisef.org/index.php/IJISEF/article/view/150/70
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Rights |
Copyright (c) 2016 International Journal of Islamic Economics and Finance Studies
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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