PENGEMBANGAN EQUITY CROWDFUNDING SYARIAH BERBASIS PLATFORM DIGITAL DALAM PEMBIAYAAN UMKM
DOI:
https://doi.org/10.30863/alkharaj.v5i1.8553Keywords:
equity crowdfunding, keuangan syariah, platform digital, UMKM, pembiayaanAbstract
ABSTRAK
Studi ini membahas inovasi platform pendanaan berbasis keadilan (equity crowdfunding) yang menerapkan prinsip syariah melalui sistem digital untuk memfasilitasi pendanaan Usaha Mikro, Kecil, dan Menengah (UMKM) di Indonesia. Penelitian bertujuan menelaah prospek, sistem kerja, dan penerapan crowdfunding syariah dalam konteks dukungan finansial UMKM. Metodologi menggunakan pendekatan kualitatif deskriptif dengan teknik pengambilan data meliputi kajian pustaka, dialog mendalam, dan pengamatan langsung. Temuan riset menunjukkan sistem crowdfunding syariah digital berpotensi mengatasi keterbatasan akses pendanaan UMKM melalui platform teknologi yang patuh syariah. Sistem ini menghadirkan mekanisme profit sharing yang akuntabel dan bebas riba, sekaligus mereduksi ketimpangan informasi. Kendala utama mencakup aspek regulasi, literasi keuangan syariah digital, dan infrastruktur teknologi. Studi ini merekomendasikan strategi pengembangan melalui penguatan regulasi, edukasi pelaku usaha dan investor, serta kolaborasi dengan lembaga keuangan syariah dan ekosistem digital untuk menciptakan platform yang efektif dalam mendukung pembiayaan UMKM.
ABSTRACT
This study examines the innovation of equity crowdfunding platforms that implement Islamic principles through digital systems to facilitate funding for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia. The research aims to analyze prospects, working systems, and implementation of sharia crowdfunding in the context of MSME financial support. The methodology uses a descriptive qualitative approach with data collection techniques including literature review, in-depth interviews, and direct observation. Research findings indicate that digital sharia crowdfunding systems have the potential to address limited access to MSME funding through sharia-compliant technology platforms. This system presents an accountable and riba-free profit-sharing mechanism while reducing information asymmetry. Major challenges include regulatory aspects, digital Islamic financial literacy, and technological infrastructure. This study recommends development strategies through regulatory strengthening, education for business actors and investors, and collaboration with Islamic financial institutions and digital ecosystems to create an effective platform in supporting MSME financing.
References
Anggraini, Dessy. “ANALISIS PERAN KREDIT PERBANKAN DALAM PENDANAAN USAHA MIKRO, KECIL, DAN MENENGAH (UMKM) SERTA HUBUNGANNYA DENGAN EKONOMI DI PROVINSI JAMBI.†Jurnal Development 8 (June 2020): 1–95.
Anita, R, T Thantawi, and Ermi Suryani. “Analisis Faktor-Faktor Yang Mempengaruhi Aksesibilitas UMKM Terhadap Pembiayaan Di Bank Umum Syariah (Studi Di Kecamatan Bogor, Kabupaten Bogor).†Sahid Banking Journal P-ISSN 1, no. 1 (October 2021): 45–59. https://jurnal.febi-inais.ac.id/index.php/SahidBankingJ.
Ansori, M, A , Z, Abdul Aziz, Dicky Irmansyah, Irma Wati, D, A Rahmi, N, R, P Latiepah, and M, A Ramadhan. “Pemikiran Tokoh-Tokoh Ekonomi Islam Mengenai Konsep Penetapan Harga Pasar.†Economic Reviews Journal 3, no. 1 (February 15, 2024): 146–60. https://doi.org/10.56709/mrj.v3i1.144.
Ariyanti, Riski Febru, Aprillaili Aya Tri Kartini, and Selvi Wibriana Sari. “Tinjauan Yuridis Terhadap Perlindungan Pemodal Platform Crowdfunding Kitabisa.Com.†Perspektif Hukum 20 (May 1, 2020): 54–71. https://doi.org/https://doi.org/10.30649/ph.v20i1.77.
Aulia Ibrahim, Rafi, Chairul Yaqin, and Marthin James Simbolon. “Optimalisasi Pengaturan Layanan Urun Dana (Crowdfunding) Berbasis Teknologi Informasi Sebagai Solusi Permodalan Usaha Mikro, Kecil, Dan Menengah Di Masa Pandemi Covid-19.†Renaissan 6, no. 4 (August 6, 2021): 732–51. https://theconversation.com/umkm-indonesia-tahan-banting-pada-krisis-1998-dan-2008-tapi-tidak-.
Avisha, Astari, Anne Charina, Trisna Insan Noor, and Gema Wibawa Mukti. “CROWDFUNDING SEBAGAI AKSES ALTERNATIF PERMODALAN BERBASIS TEKNOLOGI DIGITAL PADA KEGIATAN PERTANIAN (Studi Kasus Di PT Crowde Membangun Bangsa).†Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis. Januari 5, no. 1 (2019): 1–22.
Aziz, Abdul. “Pengaruh Implementasi Nilai Syariah Dan Karakteristik Syariah Marketing Terhadap Kepuasan Nasabah Pada Bank Syariah Mandiri Kcp Ambarukmo Yogyakarta (Doctoral Dissertation, UIN SUNAN KALIJAGA YOGYAKARTA).†UNIVERSITAS ISLAM NEGERI SUNAN KALIJAGA YOGYAKARTA, 2017.
———. “Pengkajian Kebiasaan Konsumen Muslim Terhadap Niat Menggunakan Produk Perbankan Syariah Di Kabupaten Bogor.†El-Mal : Jurnal Kajian Ekonomi & Bisnis Isalm 6 (2025): 438–58. https://doi.org/1047467/elmal.v6i1.6344.
Aziz, Abdul, and Rangga Firmansyah. “Pendampingan Manajemen Keuangan Dan Bisnis Dalam Pengembangan Agribisnis Di Pondok Pesantren CEO Bogor.†Jurnal Trimas Jurnal Inovasi Dan Pengabdian Kepada Masyarakat 4, no. 2 (2024): 26–31. https://ejournal.indrainstitute.id/index.php/trima.
Aziz, Abdul, and Abdul Husenudin. “Evaluasi Dampak Upah Minimum Regional Dan Indeks Pembangunan Manusia Terhadap Reduksi Tingkat Kemiskinan Di Jawa Barat 2019-2023.†Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah 6, no. 6 (June 1, 2024). https://doi.org/10.47467/alkharaj.v6i6.1771.
Budiarti, Sari, Rosiyatin, Abdul Aziz, and S Masriah. “Strategic Dimensions of Islamic Banking: A Focus on Service Quality and Facilities Impacting Savings.†Li Falah: Jurnal Studi Ekonomi Dan Bisnis Islam, , 2023.
Budiono, I Nyoman. KEWIRAUSAHAAN I. Penerbit Aksara Timur, 2018.
Dani, Devi Rochma. “Potensi Fintek Equity Crowdfunding Syariah Sebagai Solusi Akses Permodalan UMKM.†Universita Muhammadiyah Surabaya, July 2023, 1–28. https://www.finansialku.com/equity-crowdfunding/.
Freddy, Rangkuti. Teknik Membedah Kasus Bisnis Analisis SWOT. Jakarta: Gramedia, 2016.
Indriana, Hanna Trusty Satila, Bramastya Datum Alwi, and Mursyid Fikri. “Fintech Equity Crowdfunding Syariah Sebagai Solusi Akses Permodalan UMKM.†BISNIS : Jurnal Bisnis Dan Manajemen Islam 10, no. 1 (June 3, 2022): 21. https://doi.org/10.21043/bisnis.v10i1.13142.
Khotimah, Anisa Husnul, Ahmad Juwaini, Tengku Ramly Ramly, and Abdul Aziz. “PENGARUH PELATIHAN, KEPEMIMPINAN, DAN BUDAYA PERUSAHAAN KINERJA KARYAWAN PT BJB SYARIAH CABANG BOGOR.†Ad- Diwan: Journal of Islamic Economics 1 (March 2, 2022): 86–98.
Maharani, Rizka Dwi, Rohana Nur Halimah, Silfiya Maulida Anani, and Sofia Nur Azizah Lutfi. “Pengembangan Model Crowdfunding Syariah Untuk Pembiayaan UMKM (Studi Pada Platform Fintech Ethis).†Social Science Academic 1, no. 2 (December 5, 2023): 673–80. https://doi.org/10.37680/ssa.v1i2.4280.
Maulita, Septiani, and Abdul Aziz. “Pengaruh FDR, NPF, BOPO Terhadap Roa Dan Bi Rate Terhadap NPF Perbankan Syariah.†An Nuqud Journal of Islamic Economics, 2024.
Nareswari, Ninditya, Muhammad Saiful Hakim, Udisubakti Ciptomulyono, Tony Hanoraga, and Izzat Aulia Akbar. “Pengembangan Model Crowdfunding Berbasis Ekuitas Sebagai Akses Pendanaan Bagi UMKM Di Jawa Timur.†Sewagati 7, no. 2 (November 23, 2022): 270–76. https://doi.org/10.12962/j26139960.v7i2.481.
Natasya, Firda Alfiah, Moh Asep Zakariya, and Abdul Aziz. “PENGARUH MEDIA SOSIAL SEBAGAI PLATFORM BISNIS DIGITAL TERHADAPMINAT BERWIRAUSAHA.†An Nuqud Journal of Islamic Economics 3 (February 2, 2025): 86–98.
Nelly, R, H Harianto, M, S Abd.Majid, M Marliyah, and Handayani. “Studi Empiris Perkembangan Crowdfunding Syariah Di Indonesia.†Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah, 2022. https://doi.org/https://doi.org/10.47467/alkharaj.v4i5.926.
Ningsih, Desri Setia, Tiyas Nur Rizmaningsih, Yolanda Astrid Gibran3, and Rofiul Wahyudi. “ANALISIS PERAN PERKEMBANGAN FINANCIAL BERBASIS SYARIAH : PEER TO PEER DAN CROWDFUNDING DI INDONESIA.†JASIE-Journal of Aswaja and Islamic Economics 01 (December 2022). https://doi.org/10.3194/jse.v1i1.6877.
Nugroho, Arief Yuswanto, and Fatichatur Rachmaniyah. “FENOMENA PERKEMBANGAN CROWDFUNDING DI INDONESIA.†Ekonika : Jurnal Ekonomi Universitas Kadiri 4, no. 1 (April 30, 2019): 34. https://doi.org/10.30737/ekonika.v4i1.254.
Rahmawati, D, M N Apriady, and W M Suroto. “Crowdfunding Sebagai Alternatif Pembiayaan Usaha Mikro Kecil Dan Menengah (Umkm).†Sebatik 28, no. 1 (2024): 33–40. https://doi.org/10.46984/sebatik.v27i2.2403.
Sespiani, Ketut Ajeng, Monica Apilia, and Shepriyani Miftajanna. “STUDI LITERATUR PELAKSANAAN CROWDFUNDING OLEH PUBLIC FIGURE MELALUI PLATFORM KITABISA.COM.†Jurnal Ilmu Komunikasi Dan Media Sosial 1, no. 2 (2021): 84–96.
Syamsuri, Aziz Abdul, Hendri, and Ghofur. “ISLAMIC ECONOMICS IN HEGEMONY OF CAPITALISM AND SOCIALISM: STUDY OF COMPARATIVE ANALYSIS.†Ibar Journal of Islamic Civilization and Development 01, no. 01 (2021): 87–104.
Wahjono, S, I, A Marlina, and M Fikry. “ Innovative Funding Solution for Special Projects: Crowdfunding.†Journal of Economics, Business & Accountancy Ventura 18 (2015): 65–74.
Website KUR. “Perubahan Kebijakan Kredit Usaha Rakyat (KUR) Tahun 2020,†2020. https://kur.ekon.go.id/realisasi_kur/2019/8.
Wilantini, Cici, and Fadlan. “Equity Crowdfunding Dan Usaha Mikro Kecil Menengah: Kajian Crowdfunding Sebagai Instrumen Pendanaan UMKM.†El-Qist : Journal of Islamic Economics and Business, April 2021, 94. http://jurnalfebi.uinsby.ac.id/index.php/elqist.
Downloads
Published
How to Cite
Issue
Section
License
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike License (CC BY-SA 4.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
