OPPORTUNITIES FOR THE DEVELOPMENT OF SHARIA VENTURE CAPITAL IN INDONESIA LEARNING FROM THE STRATEGY OF PT ASTRA VENTURA

Ajeng Noer Syifa Dewi (1) , Ateng Kusnandar Adisaputra (2)
(1) UIN Sunan Gunung Djati Bandung,
(2) Universitas Al-Ghifari
https://doi.org/10.53675/icosei.v1i1.1763
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Issue
Vol. 1 No. 1 (2025)
Submitted
2026-01-09
Published
2025-08-14
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Abstract

Abstract. The development of startups and MSMEs in Indonesia in the last decade has shown rapid growth, supported by digitalization, internet penetration, and government policies. Data from the Ministry of Cooperatives and SMEs (2023) recorded 66 million MSMEs contributing 61.07% to national GDP. However, the main obstacle faced by is limited access to funding, especially in the early stage. Islamic venture capital is a potential solution with sharia-based principles that suit the needs of MSMEs and startups in Indonesia. This study analyzes the development opportunities of Islamic venture capital by taking lessons learned from PT Astra Ventura's strategy as one of the main players in this industry. Through a qualitative approach, this study examines the drivers, challenges, and strategies to strengthen the Islamic venture capital ecosystem. The results of the study are expected to provide recommendations for practical methods for the development of the Islamic venture capital industry in supporting the growth of MSMEs and startups in Indonesia.

Authors

Ajeng Noer Syifa Dewi
UIN Sunan Gunung Djati Bandung
Ateng Kusnandar Adisaputra
Universitas Al-Ghifari image/svg+xml

How to Cite

OPPORTUNITIES FOR THE DEVELOPMENT OF SHARIA VENTURE CAPITAL IN INDONESIA LEARNING FROM THE STRATEGY OF PT ASTRA VENTURA. (2025). Proceeding International Conference On Sustainable Environment And Innovation (ICOSEI), 1(1). https://doi.org/10.53675/icosei.v1i1.1763

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