PERAN PEER TO PEERLENDING SYARIAH SEBAGAI ALTERNATIF PENDANAAN UMKM

The function of Sharia Peer-to-Peer (P2P) Lending as an alternative funding source to expand capital access for MSMEs in Indonesia is the main topic of this study. The main issue of this study is the need to provide effective, easily accessible, and sharia-compliant funding options to help expand MSMEs, especially those considered unworthy of banking services. The purpose of this study is to investigate how Sharia P2P Lending helps MSMEs obtain funding and offers sharia-compliant investment opportunities. This study uses a literature review method and a review of related laws, such as those issued by the National Sharia Council (DSN-MUI) and the Financial Services Authority (OJK). The findings of this study indicate that Sharia P2P Lending can offer effective, affordable, and easily accessible funding, helping MSMEs develop their businesses and enter new markets. Furthermore, this website provides sharia-based investment alternatives for investors. Taking all of these things into consideration, while still adhering to the principles of Islamic finance, Sharia P2P Lending has the potential to close the funding gap for MSMEs, support the real sector, and advance the country's economy. This study emphasizes how important this financial innovation is in driving the inclusiveness of the Indonesian economy.