A Sharia Financial-Based Fishermen's Financial Safety Net Program for Strengthening the Economic Resilience of Small-Scale Coastal Fishermen in Central Java

Risanda A. Budiantoro; M. Aulia Rahman; Khurul Aimmatul Umah; Fatimatuzzahro

doi:10.61255/jeemba.v4i5.1175

Authors

Risanda A. Budiantoro Universitas Negeri Semarang
M. Aulia Rahman Universitas Negeri Semarang
Khurul Aimmatul Umah Institut Agama Islam Tarbiyatut Tholabah
Fatimatuzzahro Universitas Islam Negeri Kiai Haji Achmad Siddiq

DOI:

https://doi.org/10.61255/jeemba.v4i5.1175

Keywords:

Business Model Canvas, Financial Safety Net, Fishermen Empowerment, Islamic Social Finance, Livelihood Resilience

Abstract

Purpose – This study analyzes a sharia financial-based financial safety net strategy for small-scale coastal fishermen in Central Java Province through the Sharia Financial-Based Fishermen's Financial Safety Net Program in strengthening the economic resilience of small-scale coastal fishermen.

Design/methodology/approach – This study employs a qualitative descriptive approach integrated with the Business Model Canvas (BMC) framework to design and evaluate the proposed financial safety net model. The study relies exclusively on secondary data obtained from policy documents, academic literature, institutional reports, and related publications. The data were analyzed thematically and mapped into the nine components of the BMC.

Finding/Results – The findings indicate that the Sharia Financial-Based Fishermen's Financial Safety Net Program operates through fishermen cooperatives (KUD Mina) as intermediary institutions that provide financial literacy, savings facilitation, financial management assistance, sharia-compliant financing access, debt advisory services, livelihood diversification support, psychosocial assistance, and institutional strengthening. These integrated support mechanisms improve financial capability, reduce economic vulnerability, and strengthen the livelihood resilience of small-scale coastal fishermen. The effectiveness of the program depends on stakeholder commitment, institutional coordination, and collaboration among government agencies, cooperatives, Islamic financial institutions, social finance institutions, universities, and fishing communities.

Originality/Value – This study proposes a sharia financial-based financial safety net model for small-scale coastal fishermen by integrating financial inclusion, Islamic social finance, and livelihood resilience. The model supports the development priorities of the Central Java RPJPD 2025–2045 and RPJMD 2025–2029 in promoting coastal economic empowerment, poverty reduction, and sustainable maritime development. The findings offer practical implications for policymakers, fishermen cooperatives, and Islamic financial institutions in strengthening financial inclusion and economic resilience in coastal communities.

Abstract views: 0 ,

PDF downloads: 0

Downloads

Download data is not yet available.

References

Agung, F. N. S., & Putri, H. M. (2026). The interplay of social and economic capital in coastal community resilience: A scoping review. Journal of Economic Resilience and Sustainable Development, 3(1), 105–119. https://doi.org/10.61511/ersud.v3i1.2026.2869

Al Afif, R. A., Esaputra, A. B., Rahmatdi, & Ahmadi, M. A. (2025). Determinants of Islamic financial institutions on poverty reduction: A systematic review. International Journal of Islamic Economics and Finance (IJIEF), 8(2), 184–203. https://doi.org/10.18196/ijief.v8i2.27476

Alam, A., Nizam, R. S., & Hidayat, M. T. (2021). The role of Islamic microfinance institution in empowering Indonesian fishing communities. Universal Journal of Accounting and Finance, 9(2), 178–183. https://doi.org/10.13189/UJAF.2021.090205

Almutairi, A., Mourshed, M., & Ameen, R. F. M. (2020). Coastal community resilience frameworks for disaster risk management. Natural Hazards, 101(2), 595–630. https://doi.org/10.1007/s11069-020-03875-3

Amelia, E., Fatimah, C. E. A., & Amalia, E. (2025). Strengthening the halal industry in the micro small business sector through the development of an integrated Islamic microfinance institution model. International Journal of Accounting and Economics Studies, 12(4), 627–636. https://doi.org/10.14419/ym1jdq07

Anwar, M. K., Ridlwan, A. A., & Laili, W. N. R. (2023). The role of baitul maal wat tamwil in empowering MSMEs in Indonesia: A study of Indonesian Islamic microfinance institutions. International Journal of Professional Business Review, 8(4), e0913. https://doi.org/10.26668/businessreview/2023.v8i4.913

Asian Development Bank. (2019). Strengthening Asia’s financial safety net. Metro Manila: Asian Development Bank. https://doi.org/10.22617/TCS190563-2

Azis, I., Hasan, P. P., & Arahman Nasir, L. (2025). Analysis of the potential and implementation of digital sharia financing for the empowerment of fisherwomen: A blue economy study in South Sulawesi. Tazkia Islamic Finance and Business Review, 19(2), 344–371. https://doi.org/10.30993/tifbr.v19i2.446

Azis, I., & Rohimi, U. E. (2025). The social role of cooperatives in residents’ economic empowerment: A qualitative study in the Cirebon traditional fishermen community. Journal of Sharia Micro Enterprise and Cooperation, 2(1), 12–20. https://doi.org/10.59784/jsmec.v2i1.10

Badan Perencanaan Pembangunan Daerah Provinsi Jawa Tengah. (2024). Laporan pencapaian tujuan pembangunan berkelanjutan Provinsi Jawa Tengah. Semarang: Pemerintah Provinsi Jawa Tengah.

Badan Pusat Statistik. (2020). Ringkasan eksekutif pengeluaran dan konsumsi penduduk Indonesia, Maret 2020. Jakarta: Badan Pusat Statistik.

Badan Pusat Statistik Provinsi Jawa Tengah. (2022). Nilai tukar nelayan Provinsi Jawa Tengah 2021. Semarang: Badan Pusat Statistik Provinsi Jawa Tengah.

Badan Riset dan Inovasi Daerah Provinsi Jawa Tengah. (2025a). Rencana pembangunan jangka menengah daerah (RPJMD) tahun 2025–2029 Provinsi Jawa Tengah. Semarang: Badan Riset dan Inovasi Daerah Provinsi Jawa Tengah.

Badan Riset dan Inovasi Daerah Provinsi Jawa Tengah. (2025b). Rencana pembangunan jangka panjang daerah (RPJPD) tahun 2025–2045 Provinsi Jawa Tengah. Semarang: Badan Riset dan Inovasi Daerah Provinsi Jawa Tengah.

Balai Karantina Ikan dan Pengendalian Mutu. (2021). Operasional data: Perbandingan ekspor-impor (volume dan frekuensi). Jakarta: Balai Karantina Ikan dan Pengendalian Mutu.

Bank Indonesia. (2021). Laporan perekonomian Provinsi Jawa Tengah Mei 2021. Jakarta: Bank Indonesia.

Bank Indonesia. (2017). Pilot project peningkatan akses jasa keuangan pada kelompok masyarakat pesisir sektor perikanan tangkap. Jakarta: Bank Indonesia.

Bank Indonesia. (2020). Sharia economy & finance report 2020. Jakarta: Bank Indonesia.

Béné, C. (2009). Are fishers poor or vulnerable? Assessing economic vulnerability in small-scale fishing communities. Journal of Development Studies, 45(6), 911–933. https://doi.org/10.1080/00220380902807395

Damayanti, S., Najib, M., Anggadini, S. D., & Permana, D. (2026). Optimizing productive zakat for economic empowerment: Evidence from BAZNAS microfinance models. Jurnal Ilmiah Manajemen Kesatuan, 14(1), 1553–1566. https://doi.org/10.37641/jimkes.v14i1.4932

Demirguc-Kunt, A., Klapper, L., & Randall, D. (2014). Islamic finance and financial inclusion: Measuring use of and demand for formal financial services among Muslim adults. Review of Middle East Economics and Finance, 10(2), 177–218. https://doi.org/10.1515/rmeef-2013-0062

DeSombre, E. R. (2019). The security implications of fisheries. International Affairs, 95(5), 1019–1035. https://doi.org/10.1093/ia/iiz140

Direktorat Jenderal Pengelolaan Ruang Laut. (2020). Pengelolaan perikanan skala kecil dengan pendekatan kearifan lokal di wilayah timur Indonesia. Sorong: Loka Pengelolaan SD Pesisir & Laut Sorong.

Direktorat Jenderal Penguatan Daya Saing Produk Kelautan dan Perikanan. (2021). Statistik ekspor hasil perikanan tahun 2016–2020. Jakarta: Kementerian Kelautan dan Perikanan RI.

Direktorat Pengembangan Inklusi Keuangan Otoritas Jasa Keuangan. (2020). Sosialisasi petunjuk teknis penyusunan program kerja TPKAD. Jakarta: Otoritas Jasa Keuangan.

Djunarsjah, E., Putra, A. P., Nusantara, C. A. D. S., & Yudistira, K. (2021). The concept of outer small island information systems. IOP Conference Series: Earth and Environmental Science, 797(1), 012001. https://doi.org/10.1088/1755-1315/797/1/012001

Ebrahim, S. M., & Akhtar, A. (2025). Islamic social finance: A systematic literature search and bibliometric analysis. Journal of Research in Business and Management, 13(6), 155–168. https://doi.org/10.35629/3002-1306155168

Eriyanti, F., Alhadi, Z., Permana, I., Yuliarti, Akmal, A. D., & Yusran, R. (2025). Transforming coastal livelihoods: A multi-dimensional approach to fishermen’s empowerment in Pesisir Selatan, Indonesia. Jurnal Ilmu Administrasi Negara Asian, 13(1), 149–166. https://doi.org/10.47828/jianaasian.v13i1.329

Firdhaus, F., Ikhtiagung, G. N., Priyanto, S. A., Setyono, F., & Pratama, H. F. A. (2025). The blue waqf model: Integrating blue economy and productive waqf for coastal empowerment. Iqtishaduna: Jurnal Ilmiah Ekonomi Kita, 14(2), 684–695. https://doi.org/10.46367/iqtishaduna.v14i2.2736

Fiscal Policy Research Institute. (2015). The role of regional financial safety nets in the global architecture. Jakarta: Fiscal Policy Research Institute.

Ginanjar, A., & Kassim, S. H. (2021). Roles of Islamic microfinance institutions in improving financial inclusion in Indonesia: Empirical evidence from baitulmaal wa tamwil. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah, 13(1), 87–108. https://doi.org/10.15408/aiq.v13i1.19842

Harahap, K., Sinta, V., Oroh, F. N. S., & Hamzah, Z. Z. (2024). Buku referensi: Bisnis model canvas. Medan: PT Media Penerbit Indonesia.

Hasan, P. P., Nurul Fitrah Islamiah, & Asmirawati. (2026). Productive waqf model for women fishers’ empowerment: Insights from community-based development and maqashid sharia. Berkala Akuntansi dan Keuangan Indonesia, 11(1), 116–134. https://doi.org/10.20473/baki.v11i1.87329

Hasanuddin, I., Fitrayani, & Masuwd, M. (2025). The role of Islamic economics in promoting inclusive and sustainable development. AL-FALAH: Journal of Islamic Economics, 2(10), 302–319. https://doi.org/10.29240/alfalah.v2i10.14684

Hidayat, N., Ekowanti, M. L., Soenyono, & Sri Umiyati. (2024). Development of a cooperative institutional model in reducing poverty in coastal communities at KUD Mino Saroyo, Cilacap Regency, Indonesia. Social Science and Humanities Journal, 8(12), 6203–6214. https://doi.org/10.18535/sshj.v8i12.1550

Holle, M. H., Manilet, A., Nur Asyiah, B., & Ismail, S. (2024). Utilizing ZISWAF as an instrument for financial inclusion and poverty reduction efforts. Finansia: Jurnal Akuntansi dan Perbankan Syariah, 7(1), 67–86. https://doi.org/10.32332/finansia.v7i1.8717

Humas Ditjen Perikanan Tangkap. (2011). Perkuat kelembagaan nelayan, KKP targetkan nelayan tangguh, mandiri dan berdaya saing.

Juni 2011. Kementerian Kelautan dan Perikanan RI. https://kkp.go.id/news/news-detail/perkuat-kelembagaan-nelayan-kkp-targetkan-nelayan-tangguh-mandiri-dan-berdaya-saing65c1cda5c945d.html

Indriana, H., Fatchiya, A., Hafinuddin, H., & Akbar, H. (2023). Kondisi kearifan lokal pengelolaan sumberdaya perikanan di Indonesia: Sebuah tinjauan. Jurnal Perikanan Tropis, 10(1), 43–68. https://doi.org/10.35308/jpt.v10i1.10157

Joan, K., Pambudi, B. C., & Adjie, D. P. (2019). Blending Islamic microfinance and productive zakat to support SDGs in fisheries sector. International Journal of Islamic Economics, 1(02), 136–150. https://doi.org/10.32332/ijie.v1i02.1805

Kadir, R. D., Tri Wahyudi, S., Maski, G., & Devia Sagita Sumantri, V. (2025). The role of financial inclusion in reducing household poverty: Insights from Eastern Indonesia. Cogent Economics & Finance, 13(1), Article 2588925. https://doi.org/10.1080/23322039.2025.2588925

Kementerian Kelautan dan Perikanan. (2017). Laut masa depan bangsa: Kedaulatan, keberlanjutan, kesejahteraan. Jakarta: Kementerian Kelautan dan Perikanan RI.

Kementerian Kelautan dan Perikanan. (2021). Data statistik - pusat statistik dan informasi Kementerian Kelautan dan Perikanan. Jakarta: Kementerian Kelautan dan Perikanan RI.

Kementerian Kelautan dan Perikanan. (2025). Laporan kinerja Kementerian Kelautan dan Perikanan 2024. Jakarta: Kementerian Kelautan dan Perikanan RI.

Kesatuan Nelayan Tradisional Indonesia. (2025). Krisis iklim di kampung nelayan: Agenda transisi energi untuk memperkuat kedaulatan pangan laut. Jakarta: Kesatuan Nelayan Tradisional Indonesia.

Khan, N., & Sano, A. (2025). Strengthening coastal fishing communities: Lessons from global responsible market systems for resilience in Bangladesh. BIO Web of Conferences, 176, 01016. https://doi.org/10.1051/bioconf/202517601016

Kuanova, L. A., Sagiyeva, R., & Shirazi, N. S. (2021). Islamic social finance: A literature review and future research directions. Journal of Islamic Accounting and Business Research, 12(5), 707–728. https://doi.org/10.1108/JIABR-11-2020-0356

Lembaga Ilmu Pengetahuan Indonesia. (2013). Sistem Pembiayaan Nelayan. Jakarta: LIPI Press.

McClanahan, T., Allison, E. H., & Cinner, J. E. (2015). Managing fisheries for human and food security. Fish and Fisheries, 16(1), 78–103. https://doi.org/10.1111/faf.12045

Mohammed, S. A. S. A., Al-Saif, S. S., Grada, M. S., Alaswadi, W., & Bamahros, H. (2025). Nontraditional banking, financial technology, and poverty alleviation: A regression-based perspective. Humanities and Social Sciences Communications, 12, Article 954. https://doi.org/10.1057/s41599-025-05347-0

Muda, I., Rahmanta, M., Marhayanie, M., & Putra, A. S. (2018). Institutional fishermen economic development models and banking and financing institution support in the development of the innovation system. In Proceedings of the 1st Economics and Business International Conference 2017 (EBIC 2017) (Advances in Economics, Business and Management Research, Vol. 46, pp. 263–268). Atlantis Press. https://doi.org/10.2991/ebic-17.2018.41

Mulyadi, S. (2005). Ekonomi kelautan. Jakarta: RajaGrafindo Persada.

Nikijuluw, V. P. H. (2002). Rezim pengelolaan sumber daya perikanan. Jakarta: Pustaka Cidesindo.

Novreska, S., & Arundina, T. (2024). The role of Islamic financial inclusion in poverty, income inequality, and human development in Indonesia. Journal of Islamic Monetary Economics and Finance, 10(1), 135–154. https://doi.org/10.21098/jimf.v10i1.1973

Nyamwanza, A. M. (2012). Livelihood resilience and adaptive capacity: A critical conceptual review. Jàmbá: Journal of Disaster Risk Studies, 4(1), 1–6. https://doi.org/10.4102/jamba.v4i1.55

Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. New Jersey: John Wiley & Sons, Inc.

Otoritas Jasa Keuangan. (2021). Strategi nasional literasi keuangan Indonesia (SNLKI) 2021–2025. Jakarta: Otoritas Jasa Keuangan.

Paitoonpong, S., Abe, S., & Puopongsakorn, N. (2008). The meaning of “social safety nets.” Journal of Asian Economics, 19(5–6), 467–473. https://doi.org/10.1016/j.asieco.2008.09.011

Pauwelussen, A. (2016). Community as network: Exploring a relational approach to social resilience in coastal Indonesia. Maritime Studies, 15, Article 2. https://doi.org/10.1186/s40152-016-0041-5

Perbadanan Insurans Deposit Malaysia. (2017). Financial safety net arrangements: Objectives and considerations. 15th IADI APRC Annual Meeting, Regional Workshop, & International Conference.

Pomeroy, R., Arango, C., Lomboy, C. G., & Box, S. (2020). Financial inclusion to build economic resilience in small-scale fisheries. Marine Policy, 118, 103982. https://doi.org/10.1016/j.marpol.2020.103982

Pusat Data Statistik dan Informasi. (2013). Profil kelautan dan perikanan Provinsi Jawa Tengah untuk mendukung industrialisasi KP. Jakarta: Kementerian Kelautan dan Perikanan RI.

Ramadhan, A. I. M., Zaim, M., Hermawati, S., Sudirman, W. F. R., & Syaipudin, M. (2025). The role of Baitul Maal Wat Tamwil (BMT) in community economic empowerment. Journal of Financial and Business, 1(2), 72–88. https://doi.org/10.69693/jfb.v1i2.30

Retnowati, E. (2011). Nelayan Indonesia dalam pusaran kemiskinan struktural (perspektif sosial, ekonomi dan hukum). Perspektif, 16(3), 149–159. https://doi.org/10.30742/perspektif.v16i3.79

Riwanto, D. S. (2017). A study comperative: The perception of coastal communities in developing the method of distribution of marine zakat. International Journal of Zakat, 2(2), 29–42. https://doi.org/10.37706/ijaz.v2i2.23

Rohayati, Kinseng, R. A., & Satria, A. (2018). Cantrang dan kemiskinan nelayan di Kota Tegal Jawa Tengah. Sodality: Jurnal Sosiologi Pedesaan, 6(3), 204–211. https://doi.org/10.22500/sodality.v6i3.19843

Romdhon, M. M., & Sukiyono, K. (2017). Socio economic characteristics and patterns of decision making women’s fishermen in the City Bengkulu. Sodality: Jurnal Sosiologi Pedesaan, 5(1), 43–46. https://doi.org/10.22500/sodality.v5i1.16271

Saidin, A. A., A Kinseng, R., & Indriana, H. (2022). Social changes and factors influencing fishers’ welfare in Kendari City. Sodality: Jurnal Sosiologi Pedesaan, 10(1), 58–76. https://doi.org/10.22500/10202239115

Sekretariat Nasional KIARA. (2026). Catatan kebijakan: Kapan laut kembali membiru dan nelayan sejahtera? Jakarta: Koalisi Rakyat untuk Keadilan Perikanan.

Siswanto, B., Hanafi, I., & Fitrianto, A. (2014). Fishermen classifications and exploitation structure of fishermen: Case study in the Prigi Gulf, Indonesia. Middle-East Journal of Scientific Research, 21(5), 824–828. https://doi.org/10.5829/idosi.mejsr.2014.21.05.8460

Stacey, N., Gibson, E., Loneragan, N. R., Warren, C., Wiryawan, B., Adhuri, D. S., Steenbergen, D. J., & Fitriana, R. (2021). Developing sustainable small-scale fisheries livelihoods in Indonesia: Trends, enabling and constraining factors, and future opportunities. Marine Policy, 132, 104654. https://doi.org/10.1016/j.marpol.2021.104654

Sulistijowati, R., Yuliati, L., Komariyah, S., & Musaiyaroh, A. (2023). Analysis of trade, investment, and global value chain on the gross domestic product of fisheries sector in Indonesia. International Journal of Professional Business Review, 8(6), e02365. https://doi.org/10.26668/businessreview/2023.v8i6.2365

Supriadi, D. (2021). Kebijakan pengelolaan perikanan tangkap skala kecil. Klaten: Penerbit Lakeisha.

Suraji, Abror, R. H., & Jalil, M. (2020). New path for fishermen institutional Indonesia in industry 4.0. Systematic Reviews in Pharmacy, 11(2), 840–846. https://doi.org/10.31838/srp.2020.2.118

Tan, F. W., Nesti, L., Yonnedi, E. Y., & Ridwan, E. R. (2023). Strategy to improve economic condition of fishermen living in the coastal area in Kabupaten Pesisir Selatan. Journal of Business and Socio-Economic Development, 3(1), 69–85. https://doi.org/10.1108/JBSED-02-2021-0019

Tarno, S. (2025). Role of fisheries in national food security. International Research Journal of Management, IT and Social Sciences, 12(5), 457–464. https://doi.org/10.21744/irjmis.v12n5.2564

The Seafarers’ Charity. (2021). The safety net for fishing families. London: The Seafarers’ Charity.

Tim Pemberdayaan Masyarakat Pesisir PSKP Jember. (2007). Strategi hidup masyarakat nelayan. Jember: LKiS Pelangi Aksara.

Umam, K., & Tama, B. W. (2026). Integrating Islamic social funds in sharia banking for empowering Indonesia’s productive poor. Journal of Central Banking Law and Institutions, 5(1), 25–48. https://doi.org/10.21098/jcli.v5i1.498

Widarmanto, N. (2018). Kearifan lokal dalam pengelolaan sumberdaya perikanan. Sabda: Jurnal Kajian Kebudayaan, 13(1), 18–26. https://doi.org/10.14710/sabda.13.1.18-26

Widiastuti, T., Ningsih, S., Prasetyo, A., Mawardi, I., Herianingrum, S., Robani, A., Al Mustofa, M. U., & Hady, A. F. (2022). Developing an integrated model of Islamic social finance: Toward an effective governance framework. Heliyon, 8(9), e10383. https://doi.org/10.1016/j.heliyon.2022.e10383

Yuan, W. Z., Sin, M. S., Kusairi, S., & Ahmat, N. (2024). Dynamic financial management behavior of small-scale fisheries community in the east coast of Peninsular Malaysia: A system simulation approach. In Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024) (Advances in Economics, Business and Management Research, pp. 90–106). Atlantis Press. https://doi.org/10.2991/978-94-6463-558-4_6

Yunita, A., Rosalina, E., Sumar, S., & Wardhani, R. S. (2026). Valuing what matters in Islamic microfinance: Sharia-based ethics and limits of murabahah. Jurnal Ekonomi & Keuangan Islam, 12(1), 59–74. https://doi.org/10.20885/jeki.vol12.iss1.art4

Yunus, S. M., & Mahadi, N. F. (2025). Investigating the role of microfinance in Islamic finance for poverty alleviation. International Journal of Fiqh and Usul Al-Fiqh Studies, 9(3), 133–145. https://doi.org/10.31436/ijfus.v9i3.411