OPTIMIZING THE ROLE OF BAITUL MAAL WAT TAMWIL TO EMPOWER ENTREPRENEUR STUDENTS: INSIGHTS FROM INDONESIA

The results of observations and identification of problems found that the problems faced by Baitul Maal Wat Tamwil (BMT) at
Raden Rahmat Islamic University (UNIRA) Malang still did not have business financing products with mudharabah contracts to
facilitate beginner entrepreneurs from among students. Business financing BMT products with mudharabah contracts can be
implemented by contract (cooperation contract) between shahibul maal (BMT UNIRA) as the owner of the funds and mudharib
(student entrepreneur) as the fund manager. The present study employed Participatory Action Research (PAR). Data were obtained
through observation, interviews, and documentation. The data analysis was conducted through some steps, such as, data reduction,
data display, and conclusion drawing/verification. Findings suggest that that the role of BMT UNIRA plays an active role in
empowering entrepreneurial students through new business financing products with mudharabah contracts.