RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA
This research aims to find out and describe the risks that exist in sharia financial institutions in the form of Cooperatives of Savings and Loans and Sharia Financing (KSPPS). This research uses a qualitative descriptive approach in the form of library research, which uses secondary data from journ...
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| Format: | Article |
| Language: | English |
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Universitaria Press Craiova
2024-05-01
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| Series: | Management & Marketing |
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| _version_ | 1832541402935853056 |
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| author | Rizky ANDREAN Muhammad Khoirul FIKRI Santi Nailul IZATY |
| author_facet | Rizky ANDREAN Muhammad Khoirul FIKRI Santi Nailul IZATY |
| author_sort | Rizky ANDREAN |
| collection | DOAJ |
| description | This research aims to find out and describe the risks that exist in sharia financial institutions in the form of Cooperatives of Savings and Loans and Sharia Financing (KSPPS). This research uses a qualitative descriptive approach in the form of library research, which uses secondary data from journal articles and regulations relevant to the research topic. The research results show that there are various risks that KSPPS can experience. According to Minister of Labour Decree No. 193 of 2017, risk is the potential for financial losses and worsening social performance of Cooperatives of Savings and Loans and Sharia Financing/Sharia Business Units of Savings and Loans and Sharia Financing (KSPPS/USPPS). Based on these regulations, risk consists of strategic risk, financing risk, financial risk, and operational risk. Risk management in the management of KSPPS and similar institutions is an absolute priority to pay attention to. The risk often experienced by KSPPS is financing risk. Risk management in dealing with financing consists of risk analysis steps, which can be in the form of SWOT analysis, prudential analysis, 5C analysis, and 7P analysis, as well as risk handling mechanisms, which can be in the form of persuasive efforts, rescheduling, reconditioning, restructuring, combinations, and confiscation of collateral. |
| format | Article |
| id | doaj-art-5546a74a1aa34c82acf19b304291282c |
| institution | Kabale University |
| issn | 1841-2416 |
| language | English |
| publishDate | 2024-05-01 |
| publisher | Universitaria Press Craiova |
| record_format | Article |
| series | Management & Marketing |
| spelling | doaj-art-5546a74a1aa34c82acf19b304291282c2025-02-04T08:43:00ZengUniversitaria Press CraiovaManagement & Marketing1841-24162024-05-01XXII13950DOI:10.52846/MNMK.22.1.03RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIARizky ANDREAN0https://orcid.org/0000-0001-8288-2630Muhammad Khoirul FIKRI1https://orcid.org/0009-0000-3143-5179Santi Nailul IZATY2https://orcid.org/0000-0002-0879-3338UIN K.H. Abdurrahman Wahid Pekalongan, IndonesiaUIN K.H. Abdurrahman Wahid Pekalongan, IndonesiaUIN K.H. Abdurrahman Wahid Pekalongan, IndonesiaThis research aims to find out and describe the risks that exist in sharia financial institutions in the form of Cooperatives of Savings and Loans and Sharia Financing (KSPPS). This research uses a qualitative descriptive approach in the form of library research, which uses secondary data from journal articles and regulations relevant to the research topic. The research results show that there are various risks that KSPPS can experience. According to Minister of Labour Decree No. 193 of 2017, risk is the potential for financial losses and worsening social performance of Cooperatives of Savings and Loans and Sharia Financing/Sharia Business Units of Savings and Loans and Sharia Financing (KSPPS/USPPS). Based on these regulations, risk consists of strategic risk, financing risk, financial risk, and operational risk. Risk management in the management of KSPPS and similar institutions is an absolute priority to pay attention to. The risk often experienced by KSPPS is financing risk. Risk management in dealing with financing consists of risk analysis steps, which can be in the form of SWOT analysis, prudential analysis, 5C analysis, and 7P analysis, as well as risk handling mechanisms, which can be in the form of persuasive efforts, rescheduling, reconditioning, restructuring, combinations, and confiscation of collateral.riskrisk managementkspps. |
| spellingShingle | Rizky ANDREAN Muhammad Khoirul FIKRI Santi Nailul IZATY RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA Management & Marketing risk risk management kspps. |
| title | RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA |
| title_full | RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA |
| title_fullStr | RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA |
| title_full_unstemmed | RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA |
| title_short | RISK MANAGEMENT FOR COOPERATIVES OF SAVINGS AND LOANS AND SHARIA FINANCING: LESSON FROM INDONESIA |
| title_sort | risk management for cooperatives of savings and loans and sharia financing lesson from indonesia |
| topic | risk risk management kspps. |
| work_keys_str_mv | AT rizkyandrean riskmanagementforcooperativesofsavingsandloansandshariafinancinglessonfromindonesia AT muhammadkhoirulfikri riskmanagementforcooperativesofsavingsandloansandshariafinancinglessonfromindonesia AT santinailulizaty riskmanagementforcooperativesofsavingsandloansandshariafinancinglessonfromindonesia |