In order to increase sharia financial literacy, the Central Leadership Council of the Association of Islamic Economic Experts (DPP IAEI) held a sharia economics seminar with the theme "The Role of Sharia Economics in Infrastructure Development and Sustainable National Economic Recovery". This seminar was held in a hybrid manner at the NEO Hotel, Denpasar, Bali on Wednesday (16/2). This activity is in collaboration with the IAEI Bali Regional Leadership Council (DPW), PT Penjaminan Infrastruktur Indonesia (Persero), and STAI Denpasar Bali.
This routine event was opened with remarks from Jumari, S.P., M.Pd. as the Person in Charge of DPW IAEI Bali. He emphasized that it is necessary to monitor the achievement of the SDGs because they are a global agreement from state leaders. Apart from that, infrastructure development is also a rational choice, considering that infrastructure development takes up the largest portion of government spending.
In the Keynote Speech delivered by the Head of the IAEI DPP Zakat and Waqf Development Division, Prof. Dian Masyita, S.E., M.T., Ph.D. He revealed that Indonesia needs to prioritize basic infrastructure, namely development that plays a role in helping reduce unemployment, reduce poverty, increase tourism and transformation, increase agriculture and food security, improve social relations and behavior, and improve health.
Then, the material presentation session was started by Trisno Nugroho as Head of Bank Indonesia Representative for Bali Province. He discussed the challenges and prospects for Bali's economy in 2022. He said that inflation in Bali is still under control. However, there are short-term challenges due to the increase in Covid-19 cases which has an impact on the country's self-closure which is the market share for foreign tourists. Apart from that, there are also long-term challenges where Bali is still dependent on the tourism sector.
Next, the discussion was continued by an explanation from Pratomo Ismujatmika as EVP Guidance and Consultation of PT Penjaminan Infrastruktur Indonesia (PII) who explained the opportunities for sharia financing in supporting infrastructure development in delivering the SDGs. It was explained that the sharia-based Government and Business Entity Cooperation Scheme (KPBU) is a creative scheme that combines APBN and private funding sources to carry out infrastructure development. Basically, the mechanism for implementing infrastructure PPP agreements is in accordance with sharia principles (by default not by design), so that no structural changes are needed to accommodate sharia financing.
Finally, Giri Triboto as Head of OJK Regional 8 Bali and Nusa Tenggara discussed the issue of sharia financing opportunities in supporting infrastructure development in achieving SDGs. In his speech, he said that from 2015 - 2019 the OJK had issued a "Roadmap for Sustainable Finance in Indonesia". Specifically for the G20, the OJK issued the "Indonesian Green Taxonomy" which acts as a guideline for formulating policies for incentives and disincentives from various ministries and institutions including the OJK. This explanation also closes the presentation of material on sharia economic activities that have been carried out in Bali.
"Of course we want economic growth in Bali to be positive as projected above 5%. Of course, this requires efforts, whether conventional or sharia, to contribute to Bali's growth. "Based on the consumer confidence index, the people of Bali are also optimistic that economic growth can improve compared to 2021," said Head of Bank Indonesia Representative for Bali Province, Trisno Nugroho.
