Development of Syariah Accounting Model for MSMEs: Findings that Drive Growth

Achmad Luthfi Chamidi; Dedi Suselo; Binti Nur Asiyah; Akhyak Akhyak; Mafthukin Mafthukin

doi:10.55927/fjmr.v4i7.338

Authors

Achmad Luthfi Chamidi Sayyid Ali Rahmatullah State Islamic University of Tulungagung
Dedi Suselo ayyid Ali Rahmatullah State Islamic University of Tulungagung
Binti Nur Asiyah Sayyid Ali Rahmatullah State Islamic University of Tulungagung
Akhyak Akhyak Sayyid Ali Rahmatullah State Islamic University of Tulungagung
Mafthukin Mafthukin Sayyid Ali Rahmatullah State Islamic University of Tulungagung

DOI:

https://doi.org/10.55927/fjmr.v4i7.338

Keywords:

Islamic Accounting, MSMEs, Digitalization, Islamic Financial Inclusion, Accounting Model

Abstract

This study aims to examine and develop a sharia accounting model tailored to the characteristics and needs of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia. Despite their strategic role in the national economy, many MSMEs face challenges in preparing financial reports that align with sharia principles. Utilizing a systematic literature review of 29 articles from reputable national and international journals, the study identifies prevailing trends, research gaps, and potential solutions in the development of sharia accounting models. The findings highlight the urgent need for integrating sharia principles with financial technology innovations. The proposed model must be practical and accessible for MSMEs, while enhancing operational efficiency, accountability, and compliance including the fulfillment of social obligations such as zakat, infaq, and alms. These results underscore the importance of an integrated sharia accounting model in advancing MSME digital transformation, expanding access to sharia financing, and promoting inclusive and sustainable Islamic economic growth. The study offers valuable theoretical and practical insights for MSME actors, sharia financial institutions, and policymakers.

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