MSME Capital Instruments Through Sharia Equity Crowdfunding
Instrumen Permodalan UMKM melalui Equity Crowdfunding Syariah
Keywords:
equity crowdfunding syariah, capital instruments, MSMEsAbstract
Capital instruments through Sharia Equity Crowdfunding make it possible for MSMEs to obtain capital from many investors through online platforms, by keeping the entire process in accordance with sharia principles, including the prohibition of riba, gharar, and maysir and ensuring that the financed business is halal. Sharia Equity Crowdfunding has great potential for MSMEs, but it requires strict supervision from the government so that its implementation is in accordance with sharia principles. This research was conducted through a literature study to see if the Sharia Equity Crowdfunding capital instrument has been carried out in accordance with sharia principles so that it can be used as the right capital service for MSMEs in Indonesia. The findings of the study show that the capital instrument for MSMEs in Indonesia through Sharia Equity Crowdfunding has been in accordance with the rules in Islam that avoid risks, uncertainty, prohibitions, interest, and falsehoods. However, to ensure that its implementation remains in accordance with these principles, the Sharia Equity Crowdfunding capital system for MSMEs still requires supervision from the Sharia Supervisory Board.
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