Murabahah Financing Strategy in Supporting MSME Development at Bank Syariah Indonesia in Makassar City

Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in sustaining the economy of Makassar City, yet their business sustainability is frequently hindered by limited access to formal capital and unstructured financial governance. Grounded in the financial intermediation theory and the Maqashid Shariah framework, this study aims to analyze the Murabahah financing strategy implemented by PT Bank Syariah Indonesia Tbk (BSI) in Makassar City and its impact on the development of MSME business capacity. A qualitative approach with a descriptive case study design was employed. Data collection was carried out through in-depth interviews with bank management and MSME owners, non-participant observation, and documentation. Data validity was tested using source and method triangulation, while data analysis followed an interactive model. The findings reveal that BSI Makassar City implements an adaptive Murabahah bil Wakalah financing strategy utilizing a fixed-rate margin scheme to provide financial predictability for clients. Capital disbursement is integrated with managerial assistance and digital financial record-keeping education, effectively boosting bookkeeping accountability and mitigating non-performing financing risks. This productive financing empirically drives the escalation of production capacity, market expansion, and an increase in monthly MSME turnover by 35% to 40%. This study underscores the importance of integrating digital business mentoring into Islamic financing to strengthen financial inclusion and sustainable real sector empowerment.