Association between Mudharabah Financing Readiness and Youth MSME Welfare in Aceh
DOI:
https://doi.org/10.22373/jsai.v6i3.8447Keywords:
Mudharabah, Sharia Finance, Youth MSMEs, Welfare, AcehAbstract
This study examines the relationship between mudharabah-based Sharia financing and the welfare of youth-owned micro, small, and medium enterprises (MSMEs) in Aceh Province. Using a quantitative approach supported by qualitative interviews, the study analyzes data from 50 youth MSME actors across five regions in Aceh. Mudharabah financing is measured through indicators of access, utilization, understanding of profit-sharing mechanisms, and administrative readiness, while youth welfare is assessed using indicators of income conditions, business stability, ability to meet daily needs, business satisfaction, and perceived business development. The results of simple linear regression show a statistically significant association between mudharabah financing indicators and youth welfare, with the model explaining 41.2% of the variation in welfare scores. Descriptive and qualitative findings reveal substantial regional disparities, where youth MSMEs in areas with stronger Sharia financial infrastructure report more favorable conditions than those in regions with limited institutional support. The findings suggest that mudharabah financing is associated with youth welfare not only through realized financing but also through levels of understanding, readiness, and access shaped by regional context. These results highlight the importance of combining Sharia financing initiatives with financial literacy, administrative guidance, and mentoring to support youth MSMEs more effectively.
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