Jakarta__Competence of sharia finance industry is not only happening between the actors of sharia finance but also dealing with the conventional financial industry. The industry is claimed to be able to attract new customers among the float mass. The key is human resources (HR) to develop high quality innovative products.

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Jakarta – Indonesia becomes pilot project for the development pattern of  Baitul Maal wat Tamwil (BMT) in other countries. Executive Director of Incubation and Small Business Center (Pinbuk), Aslichan Burhan said ” to develop a pattern of BMT, Pinbuk works together with Islamic Development Bank (IDB) and the Grameen Trust (a subsidiary of Grameen Bank). Continue Reading

JAKARTA – Global economy crisis caused an appearance of Islamic financial issues occured at least once in 10 years has made many queries of capitalist system.

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Islamic Development Bank (IDB) interest to learn Baitul Maal wat Tamwil (BMT) in Indonesia. BMT runs its activity based on sharia principle and empower poor society, so that makes BMT eye-catched . Continue Reading

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Jakarta-Financial crisis in United States (US) and other West Countries which triggered global financial crisis made Aqso Working Group (AWG) hold international economic seminar themed syaria economic. Iman Sulaiman, mouth piece of AWG said that this condition presents the biggest irony all the time. “Country that has collapsed in accounting such as US should be pariah state. But why are they still considered as powerful world economy?” he said on Thursday (13/8).
Iman explained, nowadays it appeares conciusness wave to find out and use new economy system which brings fairness implication, equity, comprehensive prosperity and eficiency aims achievement. The new economy concept is regarded to be urgently realized. The economy construction is done by objective analysis for all contemporary economy format with transparent viewpoint and fresh and comprehensive approach.
Iman continued, the fact has proved that unfairness global capitalist economy and its failure to overcome world economy crisis had gain the right solution for both muslims especially and world society generally, namely syaria economy which will be able to create prosperity and fairness for mankind.
Iman added, AWG held seminar themed “Syaria Economy as Solution For Global Economy Crisis” which means to equate ummah perception that syaria economy is the best economy concept, to construct fairness syaria economy, and to unify viewpoint, direction and aim to take strategic syaria economy steps for the sake of welfare and prosperity.
In press release accepted by Republika, that seminar will be filled up by some speakers, namely Prof. DR. Hasan Tsabit economy expert from Yaman, Prof. DR. Amin Azis chief of Small Business Incubation Center, DR. Riawan Amin chief of Indonesia Syaria Bank Association, IR. Muhaimin Iqbal president of Gerai Dinar, and Abdullah Fathoni, MM dinar dirham practitioner. DR. Adhyaksa Dault is besought as keynote speaker.
This seminar was held on Thursday (13/8) in Auditorium Adhyana Wisma Antara 2nd Floor Merdeka Selatan Street no. 17, Jakarta. “This seminar is open to economy practitioners, syaria financial institutions, academicians, mass organization delegation and Islamic organization, Islamic boarding school and masjid council, also journalist,” Iman said. C15/tq

Cooperative business has grown rapidly in this country. As we can see in the list of 100 cooperatives which is spread by PIP, business volume of cooperative is not anymore played at hundreds million rupiah, but it goes through hundreds billion rupiah even trillion rupiah. Under 100 cooperatives with the highest business volume there are still fifty cooperatives which have business volume through dozen billion. The lowest rank is on the fifth sequence which has business volume through fifteen billion rupiah.
Ranking of 100 cooperatives which is arranged by PIP has material that is taken from various sources, some of them are obtained directly from field, including through regional bureau. So, it is not only relied on ordinary data, example from the government. To make sure the accuracy, checking and rechecking data is done.
Although they have worked hard, there is still available chance for unregistered cooperative because the data is not monitored by PIP or the cooperative is reluctant to give its data. However, with this list of 100 cooperatives, map of cooperative business progress has been able to be described. In listing process, PIP specializes in primary cooperative, besides fairness reason, progress of primary cooperative can have impact on society welfare increasing, because it is related directly to all members.
From business activity side, saving and loan unit is the most potential business done by cooperative and by handling it specifically also as business unit. Even, cooperative that is on the top which is Kospin Jasa Pekalongan, is cooperative specializing in saving and loan business. Five saving and loan cooperatives accompany Kospin Jasa in top ten. Kospin Jasa Pekalongan, can not only be representative of saving and loan cooperative victory, but also can be an icon of cooperative greatness in Indonesia, with business volume more than five trillion rupiah. If it is compared with its total asset 1.24 trillion rupiah, Kospin Jasa is regarded to be productive for company which moves on financial area.
Much more Victorious
Functional cooperative is the most included in the list of 100 cooperatives. This kind of cooperative is supported by solid membership. But in the past, progress of functional cooperative often stopped on certain level, because its work area is limited. Nowadays, many functional cooperatives are able to break through the limitation by escalating business range especially by expanding business beside saving and loan. The existence of Koperasi Warga Semen Gresik (KWSG) on the second position in the list 100 cooperatives is indication that can represent victory of functional cooperative in the father land. In the top ten, functional cooperative also places three other deputies, namely Koperasi PT. Indosat, Kopkar Astra dan Koperasi Denma Mabes TNI AU. In the top hundred, many cooperatives in state employee (KP-RI) can enter, the highest position is KP-RI Raung in East Java, whose business volume 62.55 billion rupiah.
It’s interesting to observe that cooperative based on profession indicates promising development, although it places one agent only in top hundred, namely Koperasi Jasa Kelistrikan East Java. This kind of cooperative has big potential along with the development of professional organization in Indonesia such as cooperative that exclusively compiles nurse even artist. It may develop being doctor cooperative, journalist cooperative and so on. Unfortunately, there is lack of socialization of this type of cooperative.
Then, how about cooperative of New Order heritage, namely Koperasi Unit Desa (KUD) and Koperasi Serba Usaha (KSU)? After the New Order collapsed, many people forecast KUD and KSU will also collapse. But, the forecasting is not 100% correct. There are some KUD and KSU that are not only able to survive after not receiving facility from the government but also able to create good achievement, even there are some that have been able to break through the top hundred big cooperative. Producer cooperative, especially which has member from breeder of cattle, is also on the top hundred. Unfortunately, cooperative which has member of craftsman is absent from the list. Whereas handicraft industry that includes creative industry is being developed incessantly.
How about the spread of cooperative including in the top hundred? Regions that succeed placing the most cooperative are East Java as many as 23 units, Jakarta following by bringing 18 cooperatives. It’s interesting that many cooperatives outside Java show off, for example in West Kalimantan there are 16 cooperatives deserve to be in the top hundred list. Then South Sulawesi can be proud of 6 cooperatives that include in the list. While East Kalimantan, which became host of 62nd cooperative anniversary, placed its 5 cooperatives that have good performance in the top hundred list. Another province has cooperative agent in the top hundred list even the amount is less than 10, or only one. However this fact is enough to indicate that cooperative has potential developing throughout Indonesia.
The problem is how the local government and stakeholder such as Local Dekopin stimulate society to have cooperative, all at once to provide guidance as appropriate. Even tough there are many cooperatives in the top ten list succeeded in developing business by themselves, it doesn’t mean coaching from government is not important. As enterprise which gathers and fights for citizen economic capacity increase, cooperative development still needs promoter to instruct all at once develop it, from individual or institutions. In a developing country like Indonesia, government role as cooperative promoter has been prevalence, mean while in other countries or adherent of liberal economic, the cooperative promoter is usually from individual, both intellectuals and entrepreneurs.

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On several occasions, when my children gather together and communication happened, I tell them about my parent’s best friend. There are some purposes that I want to reach, namely first of all, as friendship connecting rope among parent’s best friend although both of my parents have passed away and the second; to tell story about his amazing personality so it can become inspiration to them.
As well as my admiration of Mbah Jumeno that starting from my father’s narrative about him. My father describe him as individual that almost taught religion to society by himself which society used to be not understanding anything about Islam and also many of them did not perform their prayers yet.
The awe was increase when I grew up, I saw a sturdy and big madrasah had been built. While almost everyone knew that financing of madrasah was most taken from Mbah Jumeno’s salary as religion teacher in the madrasah. The salary was also used to pay fee for honorarium teachers who taught there.
Then, where did he get money to feed his family? I used to make simplification by stating that it was common for him because he was son of former groove of his era, so he must have a lot of land for cultivation. Beliefs that are too simplistic are still preserved, until one day when he would go for haj pilgrimage. It’s common in our area when we led the pilgrimage just like we led someone to death, and before he went haj pilgrimage he equiped his son and society with a testament . the testament was “all of you know that I had planted trees on land in the road side, river side and grave, so take care of it! Later, if madrasah needs to be repaired or this musholla needs to be built becoming masjid, then cut down the trees and plant it again”.
I was curious about the testament, so in the morning I asked Misro -an employer who lived in the same village as Mbah Jumeno- about what Mbah Jumeno had done. Mbah Jumeno bought seeds of Sengon, Mahoni, Akasia, Mindri, Rimpang, Bambu, etc. Then he ordered kids and youth to plant the land, also land in the village side around the river and in the entrance road to village, grave. Just as there was idle land he asked to plant it, this thing triggered residents to help him.
This event causing different thought that his productive action may be the key of “prosperity” in the meaning of sufficiency in his family although he built madrasah ibtidaiyah by himself, paid the teachers, then bring the light for society in Sindoro slopes.
This amazing personality taught us some things as following: no matter how old we are but obligation to do good thing does not stop or we can say there is no retirement for fighter. Second, optimism as we all know hadits if we know tomorrow there will be Judgment Day and still there will be a chance to plant tree then plant it. Third, high productivity so there can not be idle land, even further, there can not be idle resources.
We know that make resources idle is wasting. So in relation to an activity, idle is not neutral position, but a burden. Idle land will be land Bero that can be critical land, idle water can cause disease, idle energy causes laziness and cost, at least for sleeping and other needs. Idle thoughts become death of creativity and empty happiness, then moving all resources to be productive is the core of life. Is not Allah who turned the earth after its death?
transform it into community so it become a joint movement in the social community.
A few years ago in Kuningan, I ever saw a custom that in one house there should be fishpond, vegetable garden, and cote. This habit from Welath Management side is a production activities also saving and investment all at once.
Prodution process is created from planting and breed that produce fruit or vegetable and birds that produce eggs or meat, at the same time the activities are also saving where livestock and fish can be taken anytime if it is needed, there could be a guest or for social activities and it can add added value like investment all at once.
There are many benefits from productive life, such as children grow up well, become smarter, and have become accustomed to be productive. On the other side, this kind of community has endurance to higher shock, because such a mechanism in the form of savings in terms of non-cash reserves or any kind of placement that are not in the form of money, so when unexpexted problem occurs such as accident, disaster, disease, etc the community has relatively higher immunity.
When I often went around Wonogiri, Sragen, Karanganyar or Bogor and every time I saw idle land or muddy river and full of garbage, I always missed Mbah Jumeno’s personality.

Baitul Mal Wat Tamwil (BMT) field can be said to be Ahmad’s Sumiyanto SE Msi daily life (born in Yogyakarta, 8 June 1970, as child of a farmer). Once a student he completed the Diploma programme in Faculty of Economics, University of Gadjah Mada (UGM), in 1993, he founded the first Al-Ikhlas BMT and had it in the garage of his family home with only Rp 500.000. Continue Reading