The Viabilities of Musyarakah as Social Protection Mechanism

The book "The Viabilities of Musyarakah as a Social Protection Mechanism" offers a comprehensive analysis of the role of Musyarakah as a social protection mechanism in disaster situations. In light of the increasing frequency of natural disasters, the focus is shifting from a state-centered to a community-oriented risk reduction approach. The author, Bondan Widyatmoko, examines the financial aspects that are crucial for improving conditions in crisis situations. By exploring the Musyarakah practice, which is considered the oldest financial instrument in the Islamic economic system, it demonstrates how this financing structure served as effective support for those affected in the aftermath of the 2006 earthquake disaster in Jogjakarta. The book highlights the necessity of creativity and commitment within society, as well as government support, to fully realize the potential of Musyarakah.