The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers
The greatest advance made by mankind was probably the agricultural revolution that has been developed into agricultural development along with population growth in the forms of agricultural expansion and agricultural intensification. The global land grab driven by the acquisition of land has caused...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Wollongong
2014-12-01
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| Series: | Australasian Accounting, Business and Finance Journal |
| Subjects: | |
| Online Access: | http://ro.uow.edu.au/aabfj/vol8/iss5/5 |
| _version_ | 1819157898766319616 |
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| author | Sugiharto Soeleman Setyani Dwi Lestari |
| author_facet | Sugiharto Soeleman Setyani Dwi Lestari |
| author_sort | Sugiharto Soeleman |
| collection | DOAJ |
| description | The greatest advance made by mankind was probably the agricultural revolution that has been developed into agricultural development along with population growth in the forms of agricultural expansion and agricultural intensification. The global land grab driven by the acquisition of land has caused radical changes in the use and ownership of land and has important implications for equitable and sustainable development in which local people have been moved to marginal locations. To ensure that the agricultural activities are sustained, a balance of three concepts of people, planet, and profit (3P) are critical to achieve long term social, environmental, and economic issues. One of recently popular instruments to fairly treat the people is an equity based Sukuk in which profit will be shared based on pre-agreed ratio between the investors and the people involved. In term of conservation of planet, strategy in selecting the agricultural commodities and the timing of harvesting are critical. An investment decision-making process by using agricultural appraisal process is established to ensure that the agricultural activities are financially profitable. |
| first_indexed | 2024-12-22T16:16:05Z |
| format | Article |
| id | doaj.art-7c3e2eb5b15744579a10bb0ddca64bfc |
| institution | Directory Open Access Journal |
| issn | 1834-2000 1834-2019 |
| language | English |
| last_indexed | 2024-12-22T16:16:05Z |
| publishDate | 2014-12-01 |
| publisher | University of Wollongong |
| record_format | Article |
| series | Australasian Accounting, Business and Finance Journal |
| spelling | doaj.art-7c3e2eb5b15744579a10bb0ddca64bfc2022-12-21T18:20:22ZengUniversity of WollongongAustralasian Accounting, Business and Finance Journal1834-20001834-20192014-12-0185799210.14453/aabfj.v8i5.5The Role of Sukuk Financing for Sustainable Development of Smallholder FarmersSugiharto Soeleman0Setyani Dwi Lestari1Budi Luhur University, Indonesia Budi Luhur University, IndonesiaThe greatest advance made by mankind was probably the agricultural revolution that has been developed into agricultural development along with population growth in the forms of agricultural expansion and agricultural intensification. The global land grab driven by the acquisition of land has caused radical changes in the use and ownership of land and has important implications for equitable and sustainable development in which local people have been moved to marginal locations. To ensure that the agricultural activities are sustained, a balance of three concepts of people, planet, and profit (3P) are critical to achieve long term social, environmental, and economic issues. One of recently popular instruments to fairly treat the people is an equity based Sukuk in which profit will be shared based on pre-agreed ratio between the investors and the people involved. In term of conservation of planet, strategy in selecting the agricultural commodities and the timing of harvesting are critical. An investment decision-making process by using agricultural appraisal process is established to ensure that the agricultural activities are financially profitable.http://ro.uow.edu.au/aabfj/vol8/iss5/5agricultural appraisalagricultural developmentinvestment decisionsmallholder farmerssukuk financingsustainable development |
| spellingShingle | Sugiharto Soeleman Setyani Dwi Lestari The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers Australasian Accounting, Business and Finance Journal agricultural appraisal agricultural development investment decision smallholder farmers sukuk financing sustainable development |
| title | The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers |
| title_full | The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers |
| title_fullStr | The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers |
| title_full_unstemmed | The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers |
| title_short | The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers |
| title_sort | role of sukuk financing for sustainable development of smallholder farmers |
| topic | agricultural appraisal agricultural development investment decision smallholder farmers sukuk financing sustainable development |
| url | http://ro.uow.edu.au/aabfj/vol8/iss5/5 |
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