An Exploratory Study of Sukuk Utilisation for Transportation Infrastructure Development in Indonesia
Abstract
Investment in infrastructure is one of the principal drivers of the growth of the economy. For that reason, the Indonesian government has proposed an investment budget in the railway and sea and air transport sectors over the next 10 years. In order to overcome the burden of direct outflows and for the future, a study was conducted to lay down the framework of Shariah-compliant payments for the development of infrastructure in Indonesia in the transport sector. This paper aims to explore the opportunity and implementation of sukuk utilisation to develop transportation infrastructure. Secondary data study and interviews were selected for the basic research method. This study presents the practice of sukuk implementation in transportation projects. Six transportation projects are also described to gain insight of the utilisation shariah-compliant financing scheme.
Bahasa Abstract
Studi Pemanfaatan Sukuk Untuk Pembangunan Infrastruktur Transportasi di Indonesia. Investasi dalam infrastruktur adalah salah satu pendorong utama pertumbuhan ekonomi. Oleh karena itu, pemerintah Indonesia telah mengusulkan anggaran investasi di sektor perkeretaapian dan transportasi laut dan udara selama 10 tahun ke depan. Untuk mengatasi beban arus kas keluar dan untuk masa depan, sebuah penelitian dilakukan untuk meletakkan kerangka pembiayaan berbasis syariah untuk pembangunan infrastruktur di Indonesia dalam sektor transportasi. Artikel ini bertujuan untuk mengeksplorasi peluang dan implementasi pemanfaatan sukuk untuk mengembangkan infrastruktur transportasi. Analisa data sekunder dan wawancara dipilih sebagai dasar metode penelitian. Penelitian ini menyajikan praktik implementasi sukuk dalam proyek transportasi. Enam proyek transportasi juga dipaparkan untuk memberikan wawasan tentang penggunaan skema pembiayaan berbasis syariah.
References
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Recommended Citation
Lamari, Fiona; Rarasati, Ayomi Dita; and Evita, Meilia
(2018)
"An Exploratory Study of Sukuk Utilisation for Transportation Infrastructure Development in Indonesia,"
Makara Journal of Technology: Vol. 22:
Iss.
1, Article 8.
DOI: 10.7454/mst.v22i1.3581
Available at:
https://scholarhub.ui.ac.id/mjt/vol22/iss1/8
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