{
    "success": true,
    "data": {
        "id": 1600002,
        "msgid": "islamic-blended-financing-strengthening-national-sharia-economy-growth-1773071593",
        "date": "2026-03-09 21:41:28",
        "title": "Islamic Blended Financing: Strengthening National Sharia Economy Growth",
        "author": "Lida Puspaningtyas",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian government is actively promoting Islamic Blended Financing as a strategic instrument to strengthen Sharia-based economic growth and link Islamic economic values with national development agendas. Government and Islamic leaders have issued four key policy recommendations, including developing public-private funding models, expanding waqf asset development, strengthening Islamic banks' roles as waqf trustees, and optimising Cash Waqf Linked Sukuk, to enhance domestic financing and economic self-reliance.",
        "content": "<p>Islamic Blended Financing, or mixed Sharia financing, continues to be\npromoted to strengthen the growth of Islamic economics and finance.\nRachmat Pambudy, Minister of National Development Planning and Head of\nBappenas, stated that the development of Islamic Blended Financing is a\nstrategic step to link Islamic economic values with the national\ndevelopment agenda.<\/p>\n<p>\u201cIslamic blended finance is not merely an economic concept, but can\nserve as an instrument for building a more just and prosperous society,\u201d\nhe said at an Islamic Economics Dialogue in Surabaya, quoted in a press\nrelease received by Republika on Monday (9 March 2026).<\/p>\n<p>According to him, Islamic values need to be translated concretely in\naddressing various national development challenges. Therefore,\nstrengthening domestic financing is an important step in ensuring\nsustainable and equitable development.<\/p>\n<p>At the same event, Mukhtasor, Chairman of the East Java Regional\nCouncil of Sarekat Islam, presented at least four policy recommendations\nregarding Islamic blended financing that could be considered by the\ngovernment. These four recommendations were outlined in a Policy Brief\nfrom the Islamic Economics Dialogue as a commitment to strengthening\nnational economic resilience and self-reliance.<\/p>\n<p>The four recommendations include developing a Public-Private Funding\nCooperation scheme (KPPDM), ensuring and developing waqf assets,\nstrengthening Islamic banks\u2019 role as waqf trustees (nazhir), and\noptimising the use of Cash Waqf Linked Sukuk (CWLS).<\/p>\n<p>Professor Mukhtasor emphasised the importance of building national\neconomic self-reliance by reviving the spirit of struggle of H.O.S.\nCokroaminoto.<\/p>\n<p>\u201cThe four policy recommendations formulated represent concrete steps\nto strengthen domestic financing involving community participation,\u201d he\nsaid.<\/p>\n<p>Hamdan Zoelva, President of Sarekat Islam\u2019s Executive Board, also\nstated that the spirit of the Islamic Trade Association since 1905\nremains relevant today, particularly in promoting equitable distribution\nof economic growth benefits. According to him, Islamic social funds need\nto continue being optimised so that they not only serve consumptive\nfunctions, but also support long-term productive programmes with lasting\nimpact.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/islamic-blended-financing-strengthening-national-sharia-economy-growth-1773071593",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}