IMPLEMENTATION OF THE SOCIAL ROLE OF INDONESIAN SYARIAH BANK IN IMPROVING THE ECONOMIC WELFARE OF THE PEOPLE CASE STUDY OF PONTIANAK CITY
Kata Kunci:
Islamic Bank, Social Role, Economic Welfare of the Community, Maqashid Syariah, SDGsAbstrak
This study aims to analyze the implementation of Bank Syariah Indonesia's (BSI) social role in improving the economic welfare of the community and to formulate a comprehensive implementation model based on the principles of maqashid sharia and the Sustainable Development Goals (SDGs) framework. The growth of the global Islamic financial industry has shown significant growth over the past two decades, yet the social contribution of Islamic banks in Indonesia remains suboptimal. This study uses a qualitative approach with an interpretive paradigm to deeply understand the meaning and dynamics of the implementation of Islamic banks' social role. The research findings show that the social role of Islamic banks in Indonesia has developed through four main approaches: the management of zakat, infaq, sedekah, and waqf (ZISWAF) funds; the implementation of sharia-based Corporate Social Responsibility (CSR); inclusive financing for UMKM and low-income communities; and sustainability-oriented community empowerment programs. The effectiveness of implementing social roles is influenced by five main factors: management commitment, organizational capacity, resource availability, stakeholder coordination, and regulatory support. The impact of Islamic banks' social roles on the economic well-being of the community is reflected in increased income, expanded financial access, economic capacity development, community empowerment, and poverty reduction. Based on these findings, this study develops a model for implementing the social role of Islamic banks, consisting of five main components: input, process, output, outcome, and impact. This model emphasizes the integration of institutional aspects, resources, and sharia values in realizing sustainable public welfare.
This study aims to analyze the implementation of Bank Syariah Indonesia's (BSI) social role in improving the economic welfare of the community and to formulate a comprehensive implementation model based on the principles of maqashid sharia and the Sustainable Development Goals (SDGs) framework. The growth of the global Islamic financial industry has shown significant growth over the past two decades, yet the social contribution of Islamic banks in Indonesia remains suboptimal. This study uses a qualitative approach with an interpretive paradigm to deeply understand the meaning and dynamics of the implementation of Islamic banks' social role. The research findings show that the social role of Islamic banks in Indonesia has developed through four main approaches: the management of zakat, infaq, sedekah, and waqf (ZISWAF) funds; the implementation of sharia-based Corporate Social Responsibility (CSR); inclusive financing for UMKM and low-income communities; and sustainability-oriented community empowerment programs. The effectiveness of implementing social roles is influenced by five main factors: management commitment, organizational capacity, resource availability, stakeholder coordination, and regulatory support. The impact of Islamic banks' social roles on the economic well-being of the community is reflected in increased income, expanded financial access, economic capacity development, community empowerment, and poverty reduction. Based on these findings, this study develops a model for implementing the social role of Islamic banks, consisting of five main components: input, process, output, outcome, and impact. This model emphasizes the integration of institutional aspects, resources, and sharia values in realizing sustainable public welfare.
