Legal Awareness and Utilization of Financial Technology for Empowering Islamic Co-operatives in Bandung City, West Java
Lina Jamilah, Indra Fajar Alamsyah, Arif Firmansyah

Universitas Islam Bandung

Abstract

Islamic Co-operative is one of the flagship programs of the Bandung City government to maximize the function of masjid in Bandung City which has implications for improving the community^s economy. In practice, there are several problems that exist in Islamic co-operatives in Bandung City. Two problems that have become the focus of this community service (CS) activity are the problem of low legal awareness and low financial technology (fintech) literacy from Islamic co-operative administrators. The methods for this activity were (1) In-depth interviews involving the head of the economic aspects of the Indonesian Ulema Council (MUI) Bandung City- (2) Focus Group Discussion (FGD) of Islamic co-operative administrators- (3) Training on legal awareness- and (4) Fintech literacy improvement training involving 20 participants. The mapping before the two trainings showed low scores and this result increased after the training was given in this CS activity. These two aspects, namely, legal awareness and fintech literacy are two important aspects that can bring Islamic co-operatives in Bandung City to compete with the many financial services that exist in society.

Keywords: Legal Awareness, Fintech, Islamic Co-Operatives, Community Service

Topic: Law and Ethics in Terms of Islamic Perspective