A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia
Literature evidence on the transformation transpires agriculture sector in East Java for the last 5 to 10 years. The contribution of the agricultural sector towards East Java gross domestic product (GDP) in 2008 recorded at 16.55%, however, shrinks to 13.75% in 2015. This statistic shows the regres...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, Universitas Islam Indonesia
2020
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| Online Access: | http://irep.iium.edu.my/78249/ http://irep.iium.edu.my/78249/ http://irep.iium.edu.my/78249/ http://irep.iium.edu.my/78249/1/78249_A%20discourse%20on%20the%20potential%20of%20crowdfunding.pdf |
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iium-78249 |
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eprints |
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iium-782492020-02-05T01:16:18Z http://irep.iium.edu.my/78249/ A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia Mohd Thas Thaker, Hassanudin Mohd. Israil, Khaliq Ahmad Sekaran, K. Chandra Mohd Thas Thaker, Mohamed Asmy H Social Sciences (General) HG3368 Islamic Banking and Finance HJ1438 Public Finance In Islam Literature evidence on the transformation transpires agriculture sector in East Java for the last 5 to 10 years. The contribution of the agricultural sector towards East Java gross domestic product (GDP) in 2008 recorded at 16.55%, however, shrinks to 13.75% in 2015. This statistic shows the regressed contribution of the agriculture sector in comparison to other economic sectors. One common view that linked to shrinking in credit composition is due to the lack of credit accessibility for the sector. Given that, this paper attempts to propose a viable financing model to develop the agricultural sector in East Java known as Integrated Agricultural Land Crowdfunding Model (IALCM) using Islamic financing instruments through a crowdfunding platform. This model is expected to offer farmers in East Java to meet theirliquidity constraints and the Indonesian government to accelerate social entrepreneurship innovation with conceivable recommendations forthe development of agricultural sector in East Java Faculty of Economics, Universitas Islam Indonesia 2020-01-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78249/1/78249_A%20discourse%20on%20the%20potential%20of%20crowdfunding.pdf Mohd Thas Thaker, Hassanudin and Mohd. Israil, Khaliq Ahmad and Sekaran, K. Chandra and Mohd Thas Thaker, Mohamed Asmy (2020) A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia. Jurnal Ekonomi & Keuangan Islam, 6 (1). pp. 10-23. ISSN 2088-9968 E-ISSN 2614-6908 https://journal.uii.ac.id/JEKI/article/view/14072/9845 10.20885/JEKI.vol6.iss1.art2 |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
International Islamic University Malaysia |
| building |
IIUM Repository |
| collection |
Online Access |
| language |
English |
| topic |
H Social Sciences (General) HG3368 Islamic Banking and Finance HJ1438 Public Finance In Islam |
| spellingShingle |
H Social Sciences (General) HG3368 Islamic Banking and Finance HJ1438 Public Finance In Islam Mohd Thas Thaker, Hassanudin Mohd. Israil, Khaliq Ahmad Sekaran, K. Chandra Mohd Thas Thaker, Mohamed Asmy A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia |
| description |
Literature evidence on the transformation transpires agriculture sector in East Java for the last 5 to 10 years. The contribution of the agricultural sector towards East Java gross domestic product (GDP) in 2008 recorded at 16.55%, however, shrinks to 13.75% in 2015. This
statistic shows the regressed contribution of the agriculture sector in comparison to other economic sectors. One common view that linked to shrinking in credit composition is due to the lack of credit
accessibility for the sector. Given that, this paper attempts to propose a viable financing model to develop the agricultural sector in East Java known as Integrated Agricultural Land Crowdfunding Model (IALCM)
using Islamic financing instruments through a crowdfunding platform. This model is expected to offer farmers in East Java to meet theirliquidity constraints and the Indonesian government to accelerate social
entrepreneurship innovation with conceivable recommendations forthe development of agricultural sector in East Java |
| format |
Article |
| author |
Mohd Thas Thaker, Hassanudin Mohd. Israil, Khaliq Ahmad Sekaran, K. Chandra Mohd Thas Thaker, Mohamed Asmy |
| author_facet |
Mohd Thas Thaker, Hassanudin Mohd. Israil, Khaliq Ahmad Sekaran, K. Chandra Mohd Thas Thaker, Mohamed Asmy |
| author_sort |
Mohd Thas Thaker, Hassanudin |
| title |
A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia |
| title_short |
A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia |
| title_full |
A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia |
| title_fullStr |
A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia |
| title_full_unstemmed |
A discourse on the potential of crowdfunding and Islamic finance in the agricultural sector of East Java, Indonesia |
| title_sort |
discourse on the potential of crowdfunding and islamic finance in the agricultural sector of east java, indonesia |
| publisher |
Faculty of Economics, Universitas Islam Indonesia |
| publishDate |
2020 |
| url |
http://irep.iium.edu.my/78249/ http://irep.iium.edu.my/78249/ http://irep.iium.edu.my/78249/ http://irep.iium.edu.my/78249/1/78249_A%20discourse%20on%20the%20potential%20of%20crowdfunding.pdf |
| first_indexed |
2023-09-18T21:50:17Z |
| last_indexed |
2023-09-18T21:50:17Z |
| _version_ |
1777413723185479680 |