AIFC 2019 Conference

The Role of Sovereign Sukuk in Supporting Sustainable Development Goals in Indonesia Through the Procurement of Public Infrastructure at the Ministry of Public Works and the Ministry of Religion
Eko Fajar Cahyono

Islamic Economic Department
Faculty and Bussiness
Airlangga University


Abstract

This study aims to explore how the role of sukuk in supporting Indonesia in achieving several sustainable development goals through the procurement of public infrastructure development projects in two ministries that are important for the people of Indonesia, namely the Ministry of Public Works and the Ministry of Religion. State Sukuk contributed to building the Indonesian nation through the Public Infrastructure development project project with the two affiliates of the ministry. Project projects such as the construction of roads, bridges, infrastructure of water resources, schools, universities, weddings and dormitories for pilgrims are some examples of the results of state sukuk financing. This article describes and identifies the potential benefits of the project for the people of Indonesia to realize several sustainable development goals such as economic growth, industrial growth, food supply, gender equality, improving education and improving the quality of the environment. The method used is descriptive quantitative and descriptive qualitative using secondary data from government documents and mass media. The results of the study show that the state sukuk for a decade of publishing has had a positive impact on the welfare of the Indonesian people.

Keywords: Sukuk, Sustainable Development Goals, Public Infrastructure

Topic: Sustainable Development in Islamic Perspective

Link: https://ifory.id/abstract-plain/XEj8YpJRTBrV

Web Format | Corresponding Author (Eko Fajar Cahyono)