STRENGTHENING MSME GOVERNANCE BASED ON SHARIA ECONOMIC VALUES (INDEPENDENT INTERNSHIP STUDY ON THE PANCONG LAVA CAKE BUSINESS AS AN IMPLEMENTATION OF ISLAMIC BUSINESS ETHICS)

Abstract

This study aims to analyze the strengthening of Micro, Small, and Medium Enterprises (MSMEs) governance based on sharia economic values in the Pancong Lava Cake business. The research employs a qualitative descriptive method with data collected through direct observation, in-depth interviews, and documentation during internship activities. The findings reveal that the implementation of Islamic business ethics in the Pancong Lava Cake business is carried out consistently and integrated into every operational aspect. This is reflected in the application of the principles of honesty (ṣidq), trust (amānah), and blessings (barakah) within business governance, from transparent financial management using a double entry recording system, humanistic production patterns and human resource management grounded in the values of ‘adl (justice) and ukhuwah (brotherhood), to marketing strategies that emphasize truthful product representation. Furthermore, this business demonstrates a strong commitment to social responsibility by allocating a portion of its profits for charity (ṣadaqah) and community welfare activities. In conclusion, strengthening sharia value based MSME governance not only enhances business professionalism but also generates broader barakah (blessings) and benefits for employees, consumers, and the surrounding community.