Uhamka Strengthens Islamic Cooperative Governance with Maqasid Syariah Focus

Universitas Muhammadiyah Prof. DR. HAMKA (Uhamka) is bolstering the governance of Islamic cooperatives through a capacity-building training program. Held in Leuwiliang, Bogor, the "Strategic Management Based on Maqasid Syariah" workshop targeted 25 participants from the management and operational staff of KSPPS Khairu Ummah Mitra Ummat.

The initiative, organized by Uhamka's Institute for Research and Community Service (LPPM), aims to foster professional growth in Islamic cooperatives without compromising Sharia values. It represents Uhamka's commitment to strengthening the Islamic economy at the grassroots level and promoting accountable, Sharia-compliant financial institutions.

Faozan Amar, a lecturer at Uhamka's Faculty of Economics and Business and Deputy Chairman of the Central Muhammadiyah Social Welfare Development Council (MPKS), emphasized that the success of Islamic cooperatives should not be measured solely by profit. He stated that the true measure lies in the "maslahat" (public good) and benefits realized by the community. "Through this training, we want to reorient the business compass of Islamic microfinance institutions back to the essence of Maqasid Syariah: safeguarding religion, soul, intellect, lineage, and property," Amar explained.

He further elaborated that performance indicators for Islamic cooperatives must extend beyond asset growth to encompass the extent of societal benefits and social impact directly felt by the underprivileged, such as small traders. This approach seeks to ensure that these institutions serve their intended purpose of community welfare.