The Potential of Sukuk Issuance as an Alternative Financing Instrument in Aceh Province.

Autor: Labolo, Muhadam, Achyari, M. Fadhil
Předmět:
Zdroj: KnE Social Sciences; 6/26/2018, Vol. 2018, p297-311, 15p
Abstrakt: Sukuk issuance is a financing instrument that can be done as an alternative source of financing. This research is entitled The Potential of Sukuk Issuance as an Alternative Financing Instrument in Aceh Province. Specifically, this research aims to find out the advisability of sukuk issuance by Aceh Province, and supporting factors in issuance of the sukuk. This research uses qualitative method that combines data analysis with the relevant aspects. The data collection technique was through interviews with key informant at the Department of Finance Management of Aceh province, observations and documentations from the regional budget, finance report and the development plan. Data analysis for advisability of sukuk issuance was made by the index of sukuk issuance through calculation of the index of regional loans and index of financial capability of Aceh Province. The conclusions that were obtained are based on the research results, Aceh Province is very feasible to issuance of the sukuk. The factors that support the issuance of sukuk are the financial capability of the local government, accountability of financial management, transparency of government performance, public's potential and the bank's network. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index