Thesis
Published
STRATEGY TO OPTIMIZE HALAL INDUSTRY THROUGH SHARIA SECURITIES CROWDFUNDING (SCF) PLATFORMS IN INDONESIA
Abstract
The Halal industry is a part of Indonesia’s Sharia securities crowdfunding (SCF)
sector. By Law Number 57 of 2020, the SCF industry is required to support and promote
the growth of the Halal sector. However, the development of Sharia SCF in Indonesia has
been slow, with only three providers licensed and supervised by OJK (Financial Services
Authority) since 2020. This has significantly impacted the Halal industry, resulting in
funding challenges for entrepreneurs in the sector.
This thesis aims to examine the challenges Sharia SCF providers face in contributing
significantly to the development of the Halal industry in Indonesia. The study will identify
the main problems and determine the priorities of solutions to optimize the industry’s
growth. Finally, the thesis will propose a strategy to achieve the desired outcomes.
This thesis uses the Analytic Network Process (ANP) to explore the optimization of
the Halal industry in Indonesia. The research includes in-depth interviews with experts and
scholars from various fields, such as regulators (OJK and DSN-MUI), providers, investors,
issuers, and experts from the Association of Shariah Fintech Indonesia.
The main problem faced by the Sharia SCF Platform is the lack of entrepreneurial
literacy, followed by competition, investors, IT security, and IT experts. To overcome these
problems, improving literacy and enhancing the platform’s capacity building is needed.
The development of E-Assessment, Regulations and Cooperation Development, Platform
Development, and Community Base should also be considered. The strategy to optimize
the halal industry through Sharia SCF platforms involves enhancing the role of IT experts in
the platform, optimizing the role of regulatory bodies, academics, and Indonesian FinTech
Sharia practitioners, and improving the role of investor pooling. It also involves optimizing
Supporting Ecosystem Cooperation to maximize the role of Sharia SCF platforms.
This study recommends the Financial Services Authority to provide legal protection
to SCF organizers for the platform’s safety. Laws should regulate and punish beyond their
control issues. Regulators should enforce a policy to address the significant amount required
to start Sharia SCF platforms. Licensing policies should be facilitated until operational
licenses are issued. ALUDI requires expert assistance to aid organizers of Sharia SCF
platforms and investors due to the significant growth of the digital halal industry
Publication Details
InstitutionUNIVERSITAS DARUSSALAM GONTOR
DepartmentEkonomi Islam
Item ID4820
Deposited22 Dec 2024 02:52