Financing Micro, Small and Medium Enterprises (MSMEs) After the Implementation of Qanun LKS in the Perspective of Maqashid Syariah
Keywords:
Bankable principles, MSMEs, Financing, Qanun LKS Aceh, Maqashid SyariahAbstract
Financing of Micro, Small and Medium Enterprises (MSMEs) after the implementation of the Qanun LKS has increased in the capacity of the market economy. This study examines the bankable qualifications for MSME actors for micro business financing after the enactment of the LKS qanun in the maqashid sharia perspective. The research objects in this study are MSME actors (Sibreh Market Traders Aceh Besar), PT Bank Aceh Syariah, BSI KCP Sukamakmur with data collection techniques carried out in 3 ways, namely; 1) observation; 2) interviews; 3) documentation. Based on the research results obtained that: First, bankable qualifications for MSME actors to obtain access to financing at Islamic Banks after the implementation of the LKS qanun are grouped into seven bankable businesses. Second, the implementation of the Islamic bank management system in determining safe financing for MSME customers is applying the prudential banking principle by analysing the 5C principles (Character, Capacity, Capital, Condition and Collateral) so that MSME actors obtain safe financing from Islamic Banks. Third, the maqashid sharia review of the bankable qualifications of MSME actors after the implementation of the Qanun LKS on micro business financing is in accordance with maqashid sharia. With the financing provided by Islamic banks with sharia principles, MSMEs obtain benefits on their assets that avoid loans that contain ribawi elements.
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