Strategies for preventing and handling Murabahah troubled financing at BMT al-Bina Tasikmalaya

Delis Nurhasanah; Endang Ahmad Yani

doi:10.46899/jeps.v9i1.267

Strategies for preventing and handling Murabahah troubled financing at BMT al-Bina Tasikmalaya

Delis Nurhasanah, Endang Ahmad Yani

Abstract

This study aims to determine the factors that cause Non Performing Financing of murabahah financing at BMT Al- Bina Tasikmalaya and the strategies used by BMT Al- Bina Tasikmalaya in preventing and handling non-performing financing. This research uses descriptive analysis with a qualitative approach using SWOT analysis. The stages use EFE and IFE, followed by a SWOT matrix, and the last is QSPM. The data collection techniques used were interviews, observation, and documentation, and questionnaires. The results of this study indicate that customer character is the biggest factor and a serious threat to BMT. Priority strategy analysis shows that the approach to customers is the biggest contribution in the strategy to prevent Non-Performing Financing of murabahah

Keywords

Non-Performing Financing; Murabahah; Strategy; SWOT

Full Text:

PDF

References

Anna. (2017). Types of Islamic Financing and Their Benefits. Inbizia.Com. Retrieved February 9, 2020, from https://www.inbizia.com/tipetipe-pemcepatan-syariah-dan- benefit-277348

Anugra, H., Yusup, PM, & Erwina, W. (2013). Dominant Factors Affecting Student Reading Interest Explanatory Survey on Student Reading Interest at UPT ITB Library. Journal of Information & Library Studies, 1(2), 137–146.

Elwardah, K. (2020). Optimization of Problem Financing Settlement at BMT Kota Mandiri Bengkulu. Al-Intaj: Journal of Islamic Banking and Economics, 6(2), 59–67.

Eprianti, N. (2019). Application of Principle 5c to the Level of Non-Performing Financing (NPF). Amwaluna: Journal of Islamic Economics and Finance, 3(2), 252–266.

Fikruddin, T. (2015). Risk Management Strategy for Murabahah Financing at BMTs in Demak Regency. Equilibrium, 255.

Hadianto, N., Novitasari, HB, & Rahmawati, A. (2019). Classification of Bank Customer Loans Using the Neural Network Method. Journal of Pilar Nusa Mandiri, 15(2), 163–170.

Haryoso, L. (2017). The application of sharia financing principles (murabahah) to BMT Bina Usaha in Semarang Regency. Law and Justice, 2(1), 79–89.

Hilmawan, I. (2011). The Use of SWOT Analysis Methods in the Framework of Formulating Corporate Strategic Planning. Niagara Journal, 2(1), 62–80.

Ibrahim, A., & Rahmati, A. (2017). Analysis of solutions to problem financing in Islamic banks: A study on murabahah products at Bank Muamalat Indonesia Banda Aceh. Iqtishadia: Journal of Islamic Economics and Business Studies, STAIN Kudus, 10(1), 71–96.

Indonesian Bankers Association. (2014). Understanding Islamic Banking Business. PT Gramedia Pustaka Utama.

Ilman, AH, & Cita, FP (2019). Ecotourism Sector Development Strategy in Sumbawa Regency: A Case Study in Batudulang Ecotourism Village, Batulanteh District. Nusantara Journal of Economics, 1(01), 28–37.

Istutik, I., & Putri, LE (2020). Performance Analysis of Murabahah and Musyarakah Financing Management at Bank BRI Syariah KCP Kepanjen. Adbis: Journal of Administration And Business, 14(2), 77–87.

Kurniawan, R., & Setyawan, RA (2018). Rescue Non-performing Loans Based on Prudential Principles in Providing Credit to Debtors in accordance with Article (8) Paragraph of

Mahfud, MH (2020). Method of Determining Important Success Factors in SWOT Analysis. Agriculture: Journal of Agricultural Sciences, 3(2), 113–125.

RI Supreme Court. (2011). Complications of Sharia Economic Law. file:///C:/Users/user/Downloads/02.pdf

Melina, F. (2020). Murabahah Financing at Baitul Maal wat Tamwil (BMT). Journal of Tabarru': Islamic Banking and Finance, 3(2), 269–280.

Moleong, LJ (2010). Qualitative Research Methodology. PT Youth Rosdakarya. Msaidhisham. (2014). BMT MFI Guide (Paimun (Ed.)). CV Arba Multi Sarana.

Mujiatun, S. (2014). Buying and Selling in Islamic Perspective: Salam and Istisna'. Journal of Accounting and Business Research, 13(2).

Nor, AM, Ibrahim, SN, & Daud, S. (2020). Recovery Issues on Murabahah Financing inMalaysia. International Journal of Academic Research in Business and Social Science, 10(4), 295–308.

Puspita, MD, & Filianti, D. (2019). Identification of Causes of Non-Optimal Handling of Problem Financing at Ksps Bmt ABC Sub-Branch Klm-surabaya. Journal of Theoretical and Applied Islamic Economics, 6(5), 913–927.

Puspitasari, NB, Rumita, R., & Pratama, GY (2013). Business Strategy Selection Using QSPM (Quantitative Strategic Planning Matrix) and MAUT (Multi Attribute Utility Theory) Model (Case Study at Kasongan Pottery Industry Center, Bantul, Yogyakarta). J@ Ti Undip: Journal of Industrial Engineering, 8(3), 171–180.

Putri, RT, Novirani, D., & Kurniawan, D. (2015). Strategy Formulation in Facing Culinary Industry Competition at EINS Bistro & Boutique in Bandung. Integra Design, 3(2).

Qonaatillah, I., Susyanti, J., & ABS, MK (2019). Analysis of Obstacles in Application of Mudharabah, Murabahah, and Musyarakah Financing at BMT-UGT Sidogiri Malang City Branch. Scientific Journal of Management Research, 8(2).

Rusdiansyah, R. (2016). Analysis of Billing Application Strategy with SWOT Method. Bina Insani ICT Journal, 3(1), 145–153.

Saputra, IW, Sujana, IN, & Haris, IA (2016). Effectiveness of Village Fund Allocation Management (ADD) in Lembean Village, Kintamani District, Bangli Regency in 2009-2014. Journal of Economic Education Undiksha, 6(1).

Sholihin, AI (2010). Islamic Economics Smart Book. PT Gramedia Pustaka Utama.

Soetopo, K., Saerang, DPE, & Mawikere, L. (2016). Analysis of the Implementation of Profit Sharing Principles, Risks and Handling of Problem Financing on Musyarakah Financing and Mudharabah Financing (case study: Bank Syariah Mandiri KCManado). Accountability, 5(2), 207–223.

Sriyana, J., & Raya, F. (2013). The role of BMT in overcoming poverty in Bantul district. Inferences: Journal of Religious Social Research, 7(1), 29–50.

Sudrajat, V., & Rachmawati, L. (2019). Analysis of Troubled Murabahah Financing Handling Strategies in Suppressing the NPF Level Number 07/PER/DEP. 6/IV/2016 At BMT Madani Throughout. Journal of Islamic Economics and Business, 2(2).

Susanti, E. (2020). Analysis of Profit Sharing Calculation Techniques at BMT Mitra Khazanah Palembang. Journal of Al Iqtishad, 1(02).

Law of the Republic of Indonesia Number 10 of 1998. (1998). In President of the Republic of Indonesia.

Wahyuni, E., & Maulidia, S. (2020). Analysis of Non Performing Financing (NPF) Murabahah Handling with Mitigation of Risk in Islamic Financial Institutions at KJKS BMT AL-Makmur Cubadak Lima Kab. Flat Land. Istikhlaf: Journal of Islamic Economics, Banking & Management, 2(1), 14–35.

Wanto, AH (2018). Malang City Government Strategy in Improving the Quality of Public Services Based on the Smart City Concept. JPSI (Journal of Public Sector Innovations), 2(1), 39–43.

Yusuf, M. (2013). Analysis of Application of Order-Based and Unordered Murabahah Financing and Compliance with PSAK 102. Binus Business Review, 4(1), 15–29.

Zuraidah, E. (2020). Marketing Strategy Analysis of Vehicle Spare Parts Using the SWOT Method (In the Case Study of PT. Motoparts). Prosisko: Journal of Research Development and Observation of Computer Systems, 7(1).

DOI: https://doi.org/10.46899/jeps.v9i1.267