The Mawar Emas Program for Fighting Moneylenders

Riduan Mas'ud* -  Faculty of Islamic Economics and Business, UIN Mataram, Indonesia
Jamaliah Said -  Accounting Research Institute - HICoE, Universiti Teknologi MARA, Shah Alam, Malaysia
Muhammad Azizurrohman -  Tourism Department, Sekolah Tinggi Pariwisata Matatam, Indonesia
DOI : 10.22515/shirkah.v8i1.520

The Mawar Emas Program, a program aimed at countering moneylenders in West Nusa Tenggara, Indonesia, has been running for two years. However, there is insufficient research to evaluate its effectiveness, requiring further analysis. This qualitative study evaluates the performance of this program since its establishment. The study's respondents were mosque administrators, the Chair and Secretary of the NTB Sharia Economic Community (MES), beneficiaries, and banks. Each respondent was interviewed to collect data related to the Mawar Emas program. The study found that the program has aided 32 mosques in West Nusa Tenggara, benefiting a total of 1,194 potential borrowers. The Mawar Emas program has an annual budget of Rp. 1,275,000,000; however, these funds have not been fully utilized. Funding and absorption of funds decreased in the program's second year. Several program elements require evaluation, such as increased funding, default rates, training delivery, obsolete data, and profit-oriented institutions. The study's findings contribute to facilitating MES's ability to assess and improve the program.

Keywords : Mawar Emas, moneylenders, evaluation, West Nusa Tenggara

  1. Adil, M. A. M., Mohd-Sanusi, Z., Jaafar, N. A., Khalid, M. M., & Aziz, A. A. (2013). Financial management practices of mosques in Malaysia. Global Journal Al-Thaqafah, 3(1). https://doi.org/10.7187/GJAT302013.03.01
  2. Aginta, H. (2019). Financial development and income inequality in Indonesia: A sub-national level analysis. Economics and Finance in Indonesia, 64(2), 2. https://doi.org/10.47291/efi.v64i2.584
  3. Ahmad, M., Dziegielewski, S. F., Tariq, I., & Bhutta, A. Z. (2017). Zakat as a social safety net: Assessing its perception in a less-developed rural district in Pakistan. Journal of Social Service Research, 43(3). https://doi.org/10.1080/01488376.2017.1310687
  4. Ajao, O. S., Oyeyemi, O. G., & Moses, O. I. (2016). Bookkeeping and sustainability of small-scale businesses in Nigeria: An assessment of Agbara Local Government Area, Ogun State. Unique Journal of Business Management Research, 3(1), 11-21. http://www.uniqueresearchjournals.org/UJBMR
  5. Shah, S. A. (2018). Impact of strategic short-term financial management on corporate earnings. Journal of Business & Financial Affairs, 07(03). https://doi.org/10.4172/2167-0234.1000346
  6. Azhar, A. (2019). The role of Islamic religious institutions in halal consumerism in Malaysia: A review. International Journal of Innovation, Creativity and Change, 7(4), 87-100. https://www.ijicc.net/images/vol7iss4/7407_Azhar_2019_E_R.pdf
  7. Barua, B., & Barua, S. (2021). COVID-19 implications for banks: evidence from an emerging economy. SN Business & Economics, 1(1), 1-28. https://doi.org/10.1007/s43546-020-00013-w
  8. Beck, T., & Keil, J. (2021). Are banks catching Corona? Effects of COVID on lending in the U.S. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3766831
  9. Beutler, T., Bichsel, R., Bruhin, A., & Danton, J. (2020). The impact of interest rate risk on bank lending. Journal of Banking and Finance, 115, 105797. https://doi.org/10.1016/j.jbankfin.2020.105797
  10. Dicks, B., Mason, B., Coffey, A., & Atkinson, P. (2011). Qualitative research and hypermedia. In Qualitative Research and Hypermedia. https://doi.org/10.4135/9781849209649
  11. Efiyanti, A. Y., Ali, M., & Amin, S. (2021). Institution reinforcement of mosque in social economic empowerment of small traders community. Journal of Socioeconomics and Development, 4(2), 189-197. https://doi.org/10.31328/jsed.v4i2.2272
  12. Ezejiofor, R. A., Emmanuel, E., & Olise, M. C. (2014). The relevance of accounting records in small scale business: The Nigerian experience. International Journal of Academic Research in Business and Social Sciences, 4(12). https://doi.org/10.6007/ijarbss/v4-i12/1329
  13. Habir, M. T., & Wardana, W. (2020). COVID-19’s impact on Indonesia’s economy and financial markets. ISEAS-Yusof Ishak Institute, 142. https://www.iseas.edu.sg/wp-content/uploads/2020/12/ISEAS_Perspective_2020_142.pdf
  14. Idris, M., & Putra, A. (2021). The roles of Islamic educational institutions in religious moderation. AJIS: Academic Journal of Islamic Studies, 6(1). https://doi.org/10.29240/ajis.v6i1.2555
  15. Istan, M. (2017). Pengentasan kemiskinan melalui pemberdayaan ekonomi umat menurut persfektif islam. AL-FALAH : Journal of Islamic Economics, 2(1). https://doi.org/10.29240/jie.v2i1.199
  16. Kirsten, C. L. (2022). The role of financial management training in developing skills and financial self-efficacy. Pharos Journal of Theology, 103. https://doi.org/10.4102/sajesbm.v10i1.0211
  17. Kurwo, J. C., & Ole, S. (2014). Effects of bookkeeping on growth of small and medium business enterprises in Kabarnet Town, Baringo County, Kenya. International Journal of Science and Research, 3(12). https://www.ijsr.net/archive/v3i12/U1VCMTQzNDA=.pdf
  18. Mamabolo, M. A., Kerrin, M., & Kele, T. (2017). Entrepreneurship management skills requirements in an emerging economy: A South African outlook. The Southern African Journal of Entrepreneurship and Small Business Management, 9(1). https://doi.org/10.4102/sajesbm.v9i1.111
  19. McLeigh, J. D., & Taylor, D. (2020). The role of religious institutions in preventing, eradicating, and mitigating violence against children. Child Abuse and Neglect, 110. https://doi.org/10.1016/j.chiabu.2019.104313
  20. MES NTB. (2022). Laporan Kinerja Masyarakat Ekonomi Syariah Nusa Tenggara Barat. https://www.ekonomisyariah.org/blog/2023/03/21/mes-ntb-luncurkan-program-mawar-emas-tahun-2023/
  21. Miles, M. B., Huberman, A. M., & Saldana, J. (2014). Cross-case data analysis. Qualitative data analysis: An expanded sourcebook, 100-104. https://vivauniversity.files.wordpress.com/2013/11/milesandhuberman1994.pdf
  22. Muttalib, A., & Siwi, I. (2021). Pemberdayaan UMKM berbasis Masjid Melalui Program Mawar Emas di Kota Mataram. Jurnal Econetica: Jurnal Ilmu Sosial, Ekonomi, Dan Bisnis, 3(1), 19–26. https://unu-ntb.e-journal.id/econetica/article/view/99
  23. Rahayu, A. S., Hasanah, L. A. N., & Pratiwi, L. S. (2021). The role of financial literacy in reducing poverty: Experience from Indonesia. Dinamika Ekonomi, 12(2), 133-141. https://doi.org/10.29313/de.v12i2.7796
  24. Rizki, M., Sari, N., & Widjayanti, A. (2022). Optimization of Micro Waqf Bank's ability to support micro and small businesses. KnE Social Sciences, 1269-1285. https://doi.org/10.18502/kss.v7i9.11015
  25. Sarwan, Pratiwi, D., & Alfian. (2020). Accountability and transparency of fund management of Baiturrahman Mosque in West Sumatra. Journal of Critical Reviews, 7(13). https://doi.org/10.31838/jcr.07.13.181
  26. Saunders, B., Sim, J., Kingstone, T., Baker, S., Waterfield, J., Bartlam, B., Burroughs, H., & Jinks, C. (2018). Saturation in qualitative research: Exploring its conceptualization and operationalization. Quality and Quantity, 52(4). https://doi.org/10.1007/s11135-017-0574-8
  27. Sheikhi, R. A., Seyedin, H., Qanizadeh, G., & Jahangiri, K. (2021). Role of religious institutions in disaster risk management: A systematic review. Disaster medicine and public health preparedness, 15(2), 239-254. https://doi.org/10.1017/dmp.2019.145
  28. Sugiharto, S., Kirowati, D., & Amir, V. (2019). Analysis of mosque financial management to optimization the role of mosque in advancing communities using critical ethnomethodology studies. Jurnal AKSI (Akuntansi Dan Sistem Informasi), 4(2). https://doi.org/10.32486/aksi.v4i2.397
  29. Supiandi, S., Azizurrohman, M., Habibi, P., & Mashun, M. (2022). Manfaat Program Melawan Rentenir Berbasis Masjid (Mawar Emas) terhadap Jama’ah Masjid Jamiatul Khair, Lombok Timur. Jurnal Ilmiah Mandala Education, 8(2), 2442–9511. https://doi.org/10.36312/jime.v8i2.3202/http
  30. Supiandi, S., Pramuja, R. A., & Azizurrohman, M. (2022). Reducing dependence on moneylenders with Mawar Emas Program. International Journal of Health Sciences, 417–428. https://doi.org/10.53730/ijhs.v6nS9.12337
  31. Utama, R. D. R., Fitrandasari, Z., Arifin, M., & Muhtadi, R. (2018). Can Mosque Fund Management For Community Economic Empowerment?: An Exploratory Study. IJIBE (International Journal of Islamic Business Ethics), 3(2), 451-457. https://doi.org/10.30659/ijibe.3.2.451-457
  32. Van Dijk, T. A. (2019). Macrostructures: An interdisciplinary study of global structures in discourse, interaction, and cognition. Routledge. https://doi.org/10.4324/9780429025532
  33. Wismantoro, Y., Susilowati, M., Subagyo, H., & Udin, U. (2020). Financial inclusion and low-income group: A case study in Indonesia. Revista Espacios, 41(08). https://www.revistaespacios.com/a20v41n08/20410826.html
  34. Wolmarans, H. P., & Meintjes, Q. (2015). Financial management practices in successful Small and Medium Enterprises (SMEs). The Southern African Journal of Entrepreneurship and Small Business Management, 7(1). https://doi.org/10.4102/sajesbm.v7i1.8

Shirkah: Journal of Economics and Business
Published by Faculty of Islamic Economics and Business (FEBI)
Institut Agama Islam Negeri Surakarta, Indonesia
Jln. Pandawa No. 1, Pucangan, Kartasura, Central Java, Indonesia, 57168
Phone: +62271-781516
Website: http://shirkah.or.id/new-ojs/index.php/home
Email: shirkahiainsurakarta@gmail.com

P-ISSN :2503-4235 | E-ISSN : 2503-4243

This ejournal system and it's contents licensed under
a Creative Commons Attribution-NonCommercial 4.0 International License