IMPLEMENTASI AKAD IJARAH DALAM SKEMA PEMBIAYAAN HAJI PADA BANK MUAMALAT KCP MAGELANG

Abstract

Bank Muamalat KCP Magelang is one of the Islamic banks that provides Hajj financing services using the ijarah contract. This scheme aims to assist prospective pilgrims in obtaining Hajj financing following Sharia principles. This study aims to analyze the system and procedures for implementing the ijarah contract in Hajj financing at Bank Muamalat KCP Magelang and identify the challenges encountered in its implementation. This research employs a qualitative approach with data collection methods including interviews, observations, and documentation. The findings indicate that the implementation of the ijarah contract in the Hajj financing scheme aligns with Sharia principles; however, it still faces several challenges, such as delays in installment payments and customers’ understanding of the contract mechanism. Therefore, optimization strategies are needed to enhance the effectiveness and sustainability of Hajj financing at Bank Muamalat KCP Magelang.