Assessing The Role Of Murabahah Financing In The Development Of Community-Based Student Laundry Service Enterprises: Evidence From Kspps Bmt Al-Bahjah Buyut

Abstract

This study aims to analyze the role of KSPPS BMT Al-Bahjah Buyut in supporting the development of home-based laundry businesses managed by the local community around Pondok Pesantren Al-Bahjah Buyut through a Sharia financing scheme based on the murabahah contract. The research method employed is a qualitative interactive approach using a case study design, involving in-depth interviews and field observations with business actors and relevant BMT personnel. The findings indicate that BMT Al-Bahjah Buyut not only designs Sharia-compliant financing schemes but also distributes them selectively through the 5C principles analysis, while maintaining intensive supervision over the continuity of installment payments by its partners. Beyond addressing access to capital for micro-entrepreneurs, particularly women engaged in laundry services, BMT plays a significant role in strengthening the pesantren-based community economy, rooted in spiritual values, fairness, and blessings. The implementation of murabahah financing has proven effective in enhancing business sustainability and improving the welfare of the surrounding community, while simultaneously promoting sustainable Sharia financial inclusion at the grassroots level.