The role of Sharia banking in strengthening the assets of village-owned enterprises in Indonesia

References

• Abdul-Rahman, A., & Mohd Nor, S. (2016). Challenges of profit-and-loss sharing financing in Malaysian Islamic banking. GEOGRAFIA Malaysian Journal of Society and Space, 12(2), 1–12.
   Google Scholar
• Adinugraha, H. H., Shulhoni, M., & Achmad, D. (2023). Islamic social finance in Indonesia: Opportunities, challenges, and its role in empowering society. Review of Islamic Social Finance and Entrepreneurship, 2(1), 45–62. https://doi.org/10.20885/RISFE.vol2.iss1.art4
   Google Scholar
• Al-Ali, S. A. (2022). Charity account in Islamic financial institutions: Creating a defined Sharīʻah standard. ISRA International Journal of Islamic Finance, 14(3), 315–332. https://doi.org/10.1108/IJIF-01-2021-0007
   Web of Science ®Google Scholar
• Andreas, R. (2021). Village private vocational agency as economic empowerment (Islamic) through religious organization (Islam). Khatulistiwa Journal of Islamic Studies, 11(1), 17–32. https://doi.org/10.24260/khatulistiwa.v11i1.2121
   Google Scholar
• Badaruddin, B., Kariono, K., Ermansyah, E., & Sudarwati, L. (2021). Village community empowerment through village owned enterprise based on social capital in North Sumatera. Asia Pacific Journal of Social Work and Development, 31(3), 163–175. https://doi.org/10.1080/02185385.2020.1765855
   Web of Science ®Google Scholar
• BCASyariah. (2022). Salurkan Pembiayaan UMKM, BCA Syariah Jalin Kerja Sama dengan Badan Usaha Milik Desa Tepian Bina Bersama. https://www.Bcasyariah.Co.Id/Bca-Syariah-Jalin-Kerja-Sama-Dengan-Badan-Usaha-Milik-Desa-Tepian-Bina-Bersama.
   Google Scholar
• Drissi, S., & Angade, K. (2019). Islamic financial intermediation: The emergence of a new model. European Journal of Islamic Finance, 12, 1–6. http://www.ojs.unito.it/index.php/EJIF
   Google Scholar
• Financial Services Authority. (2023).  Roadmap Pengembangan dan Penguatan Perbankan Syariah Indonesia (RP3SI). 1–54(1), 2023–2027. https://ojk.go.id/id/berita-dan-kegiatan/info-terkini/Documents/Pages/Roadmap-Pengembangan-dan-Penguatan-Perbankan-Syariah-Indonesia-2023-2027/Roadmap%20Pengembangan%20dan%20Penguatan%20Perbankan%20Syariah%20Indonesia%20%28RP3SI%29%202023-2027%20%281%29.pdf
   Google Scholar
• Ghoniyah, N., & Hartono, S. (2019). The contribution of Islamic banks towards the achievement of sustainable development goals: The case of Indonesia. Economics and Finance in Indonesia, 65(2), 93. https://doi.org/10.47291/efi.v65i2.620
   Google Scholar
• Harrieti, N., & Abubakar, L. (2020a). Integration of commercial finance and social finance: Challenges Of Sharia banking in Indonesia. Journal of Legal, Ethical and Regulatory Issues, 23(2), 1–13.
   Google Scholar
• Harrieti, N., & Abubakar, L. (2020b). The urgent need for the establishment of Waqf Bank: The case of Indonesia. Hamdard Islamicus, 43(2), 862–873.
   Google Scholar
• Hilmawan, R., Aprianti, Y., Vo, D. T. H., Yudaruddin, R., Bintoro, R. F. A., Fitrianto, Y., & Wahyuningsih, N. (2023). Rural development from village funds, village-owned enterprises, and village original income. Journal of Open Innovation: Technology, Market, and Complexity, 9(4), 100159. https://doi.org/10.1016/j.joitmc.2023.100159
   Google Scholar
• Jusoh, M., & Khalid, N. (2013). A model of demand for islamic banks’ debt-based financing instruments. Jurnal Pengurusan, 39, 31–36. https://doi.org/10.17576/pengurusan-2013-39-03
   Google Scholar
• Indonesian Village Ministry. (2023). Sistem Informasi Desa. https://Sid.Kemendesa.Go.Id/Bumdes#:∼:Text=Berdasarkan%20sumber%20data%20yang%20diambil,Berdasarkan%20status%20prosesnya%20secara%20Nasional.
   Google Scholar
• Khaldi, K., & Hamdouni, A. (2011). Islamic financial intermediation: Equity, efficiency and risk 1. International Research Journal of Finance and Economics, 65, 145–160. http://www.eurojournals.com/finance.htm
   Google Scholar
• Mahat, M. A., Jaaffar, M. Y., & Rasool, M. S. A. (2015). Potential of micro-Waqf as an inclusive strategy for development of a nation. Procedia Economics and Finance, 31, 294–302. https://doi.org/10.1016/s2212-5671
   Google Scholar
• Mukhibad, H., Yudo Jayanto, P., Alirastra Budiantoro, R., Bagas Hapsoro, B., Nurasyiah, A., & Michael Musyaffi, A. (2023). Equity-based financing and risk in Islamic banks: A cross-country analysis. Cogent Economics & Finance, 11(2), 1–19. https://doi.org/10.1080/23322039.2023.2235117
   Web of Science ®Google Scholar
• Natsuda, K., Igusa, K., Wiboonpongse, A., & Thoburn, J. (2012). One village one product – rural development strategy in Asia: The case of OTOP in Thailand. Canadian Journal of Development Studies/Revue Canadienne D’études du Développement, 33(3), 369–385. https://doi.org/10.1080/02255189.2012.715082
   Web of Science ®Google Scholar
• Ni Kadek, S. (2021). Badan Usaha Milik Desa (BUMDes): Gelora Desa Membangun Desa. Expert.
   Google Scholar
• Nurhayati, C., Prihatin, R. B., Mulyadi, M., Sholikah, N., & Suni, P. (2018). BUMDes dan Kesejahteraan Masyarakat Desa. DPR RI Expertise Agency Research Center.
   Google Scholar
• Rizvi, S. A. R., Narayan, P. K., Sakti, A., & Syarifuddin, F. (2020). Role of Islamic banks in Indonesian banking industry: An empirical exploration. Pacific-Basin Finance Journal, 62, 101117. https://doi.org/10.1016/j.pacfin.2019.02.002
   Web of Science ®Google Scholar
• Saputri, P. L., Faisal, M., & Zamrudi, Y. (2023). Islamic banks and its role in reducing poverty. Management, Accounting and Technology (JEMATech), 6(1), 73–81. https://doi.org/10.32500/jematech.v6i1.3772
   Google Scholar
• Schwak, J. (2023). Exporting the will to compete in Korea’s Global Saemaul Undong. Journal of Contemporary Asia, 53(1), 146–164. https://doi.org/10.1080/00472336.2021.2016227
   Web of Science ®Google Scholar
• Setiawan, I., Ponirah, A., Ahmad Mudzakir, N., Gina S. (2022). Implementation of Murabahah financing transactions at Islamic commercial banks after the abolition of value-added tax. Journal of Islamic Economics Lariba, 8(2), 295–310. https://doi.org/10.20885/jielariba.vol8.iss2.art3
   Google Scholar
• Sinarwati, N. K., & Marhaeni, A. (2019). The role of village own enterprises to rural development. South East Asia Journal of Contemporary Business, Economics and Law, 18(5), 77–83.
   Google Scholar
• Siregar, S., & Harahap, I. (2019). The effects of mudharabah and musyarakah financing on the profitability of sharia commercial banks in Indonesia. Proceeding International Seminar on Islamic Studies, 1, 682–689.
   Google Scholar
• Soekamto, S., & Mamudji, S. (2018). Penelitian Hukum Normatif Suatu Tinjauan Singkat. RajaGrafindo.
   Google Scholar
• Sofyani, H., Atmaja, R., & Rezki, S. B. (2019). Success factors of village-owned enterprises (BUMDes) performance in Indonesia: An exploratory study. Journal of Accounting and Investment, 20(2), 44–58. https://doi.org/10.18196/jai.2002116
   Google Scholar
• Syahbandir, M., Alqarni, W., Maz, D., Hakim, A., & Muhiddin, B. (2022). State authority for management of zakat, infaq, and sadaqah as locally-generated revenue: A case study at Baitul Mal in ACEH. Jurnal Hukum Dan Pranata Sosial, 17(2), 554–577. https://doi.org/10.19105/al-Ihkam.v17i2.7229
   Google Scholar
• Thi, N., & Thu, A. (2013). One village one product (OVOP) in Japan to one Tambon one product (OTOP) in Thailand: Lessons for grass root development in developing countries. Journal of Social and Development Sciences, 4(12), 529–537. www.ovop.jp/en/ison_p
   Google Scholar
• Usman, M. I. (2022). Sharia financial institutions compliance towards islamic principles in performing intermediation functions. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah, 14(1), 45–62. https://doi.org/10.15408/aiq.v14i1.25632
   Google Scholar
• Yeni, F., Mulyani, S. R., & Susriyanti, S. (2023). Islamic financial literacy, spiritual intelligence, public perception and behaviour on public interest in Islamic banking services. Cogent Economics & Finance, 11(1), 1–19. https://doi.org/10.1080/23322039.2023.2175470
   Web of Science ®Google Scholar
• Yusuf, M., Komarudin, P., Rahmani Abduh, M., Farhanah, S. A., & Nafisah, H. (2023). The role of Islamic banks in Indonesia: A systematic literature review. Al-Mashrafiyah: Jurnal Ekonomi, Keuangan, Dan Perbankan Syariah, 7(1), 16–35. https://doi.org/10.24252/al-mashrafiyah.v7i1.36115
   Google Scholar
• Zahra, S. F., Ascarya, A., & Huda, N. (2018). Stability measurement of dual banking system in Indonesia: Markov switching approach. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah, 10(1), 25–52. https://doi.org/10.15408/aiq.v10i1.5867
   Google Scholar
• Zubair, H. (2022). Islamic Banking and Finance. Routledge: India. https://doi.org/10.4324/9781003366973
   Google Scholar