Knowledge sharing and shadaqah economy schemes: a better future for Indonesia's economy

Muhardi Muhardi, Cici Cintyawati, Nurdin Nurdin and Aminuddin Irfani

International Journal of Trade and Global Markets, 2021, vol. 14, issue 2, 134-142

Abstract: Poverty and lower levels of education remain major obstacles to social enhancement in Indonesia. Our research addresses these problems by aiming to bring about a collaboration between Islamic economic schemes such as 'shadaqah economy' and 'knowledge sharing' in Indonesia's pesantrens. Using a system dynamics model, our findings revealed that the application of shadaqah economy and knowledge sharing schemes can help reduce the poverty levels and increase the educational levels of the people who live in the vicinity of these pesantrens. These schemes are expected to enhance the quality of life of the poor in Indonesia.

Keywords: shadaqah economy; knowledge sharing; social welfare enhancement; poverty alleviation; system dynamics; pesantren; social entrepreneurship. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:14:y:2021:i:2:p:134-142

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