OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING
<p class="Default"><em>The objective of this thesis is to identify obstacles and strategies for municipal Islamic bond issuance as an alternative in regional financing using the Analytical Networking Process (ANP). The analysis found that the most dominant obstacle in the afore...
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| Format: | Article |
| Language: | English |
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Asosiasi Fakultas Ekonomi & Bisnis Indonesia (AFEBI)
2020-03-01
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| Series: | AFEBI Islamic Finance and Economic Review |
| Online Access: | https://journal.afebi.org/index.php/aifer/article/view/250 |
| _version_ | 1817978911573671936 |
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| author | Asa Jasmine Harimurti Achmad Zaky |
| author_facet | Asa Jasmine Harimurti Achmad Zaky |
| author_sort | Asa Jasmine Harimurti |
| collection | DOAJ |
| description | <p class="Default"><em>The objective of this thesis is to identify obstacles and strategies for municipal Islamic bond issuance as an alternative in regional financing using the Analytical Networking Process (ANP). The analysis found that the most dominant obstacle in the aforementioned issue is the local government aspect. In the aspect of the central government, the obstacle is the unavailability of studies concerning the instrument of municipal Islamic bonds. In the aspect of the local government, the obstacle is the low understanding of the government about the means of municipal Islamic bonds. In the aspect of the regional house of representative, the obstacle is the behaviour of representatives, in which they complicate bureaucracy in the issuance of municipal Islamic bonds. The most dominant solution for the obstacles and strategy in the issuance of municipal Islamic bonds is a fundamental solution. The dominant strategy for a fundamental solution is the socialization of education about municipal Islamic bonds and a promotion pattern in collaboration with Indonesia’s financial service authority.</em></p><strong><em>Keywords</em></strong><em>: municipal Islamic bonds, obstacle, strategy</em> |
| first_indexed | 2024-04-13T22:35:18Z |
| format | Article |
| id | doaj.art-6d1cd143f5844f82ab141699a398b2db |
| institution | Directory Open Access Journal |
| issn | 2548-5288 2548-5296 |
| language | English |
| last_indexed | 2024-04-13T22:35:18Z |
| publishDate | 2020-03-01 |
| publisher | Asosiasi Fakultas Ekonomi & Bisnis Indonesia (AFEBI) |
| record_format | Article |
| series | AFEBI Islamic Finance and Economic Review |
| spelling | doaj.art-6d1cd143f5844f82ab141699a398b2db2022-12-22T02:26:47ZengAsosiasi Fakultas Ekonomi & Bisnis Indonesia (AFEBI)AFEBI Islamic Finance and Economic Review2548-52882548-52962020-03-0130111410.47312/aifer.v3i01.250136OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDINGAsa Jasmine Harimurti0Achmad Zaky1Universitas BrawijayaUniversitas Brawijaya<p class="Default"><em>The objective of this thesis is to identify obstacles and strategies for municipal Islamic bond issuance as an alternative in regional financing using the Analytical Networking Process (ANP). The analysis found that the most dominant obstacle in the aforementioned issue is the local government aspect. In the aspect of the central government, the obstacle is the unavailability of studies concerning the instrument of municipal Islamic bonds. In the aspect of the local government, the obstacle is the low understanding of the government about the means of municipal Islamic bonds. In the aspect of the regional house of representative, the obstacle is the behaviour of representatives, in which they complicate bureaucracy in the issuance of municipal Islamic bonds. The most dominant solution for the obstacles and strategy in the issuance of municipal Islamic bonds is a fundamental solution. The dominant strategy for a fundamental solution is the socialization of education about municipal Islamic bonds and a promotion pattern in collaboration with Indonesia’s financial service authority.</em></p><strong><em>Keywords</em></strong><em>: municipal Islamic bonds, obstacle, strategy</em>https://journal.afebi.org/index.php/aifer/article/view/250 |
| spellingShingle | Asa Jasmine Harimurti Achmad Zaky OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING AFEBI Islamic Finance and Economic Review |
| title | OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING |
| title_full | OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING |
| title_fullStr | OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING |
| title_full_unstemmed | OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING |
| title_short | OBSTACLES AND STRATEGY OF MUNICIPAL ISLAMIC BONDS ISSUANCE AS AN ALTERNATIVE OF MUNICIPAL FUNDING |
| title_sort | obstacles and strategy of municipal islamic bonds issuance as an alternative of municipal funding |
| url | https://journal.afebi.org/index.php/aifer/article/view/250 |
| work_keys_str_mv | AT asajasmineharimurti obstaclesandstrategyofmunicipalislamicbondsissuanceasanalternativeofmunicipalfunding AT achmadzaky obstaclesandstrategyofmunicipalislamicbondsissuanceasanalternativeofmunicipalfunding |