Praktik keuangan sosial Islam pada tradisi keagamaan Koloman dalam membangun ketahanan ekonomi masyarakat Muslim Madura

This study examines the koloman religious tradition among the Muslim community of Madura as a socio-religious institution that functions not only as a ritual space but also as a mechanism for Islamic social finance, bonding social capital, and economic resilience. This study addresses the limitations of existing research on Islamic economics, which tends to frame Islamic social finance within the context of formal institutions, while local religious practices that perform economic functions have not yet been adequately conceptualized. This study also addresses the limitations of research on social capital bonding, which often stops at social solidarity, as well as studies on economic resilience that tend to place individual households at the center of analysis. This study employs a qualitative approach in the form of an ethnographic study. Primary data was collected through in-depth interviews, observations, and documentation involving koloman administrators, treasurers, members, beneficiaries, religious leaders, community leaders, small business owners, and members of farmers’ groups. Secondary data was obtained from cash records, financial reports, and relevant academic literature. Analysis was conducted using Monzer Kahf’s Islamic social finance framework, Putnam’s social capital theory, and Dercon’s economic resilience framework. The research findings indicate that the koloman religious tradition operates Islamic social finance in a substantive and functional manner through regular contributions, a communal fund, social assistance, interest-free loans, shared assets, deliberation, and social accountability. Social capital bonding within the Koloman religious tradition not only fosters internal solidarity but also functions as an economic governance system reinforced by religious networks, reciprocity, trust, moral reputation, a sense of shame, and the authority of religious leaders. Through these mechanisms, the koloman religious tradition builds members’ economic resilience through emergency funds, assistance for illness and bereavement, agricultural support, small business capital, risk-sharing, and micro-social safety nets. The scientific contribution of this research is the formulation of the Koloman-Based Islamic Social Finance Resilience Model. This model is built upon two main conceptual mechanisms: Communal Islamic Social Finance and Religiously-Bound Social Capital, which integrally form community-based economic resilience. This model explains that a community’s economic resilience is shaped not only by individual households but also by the community’s religious traditions, which integrate informal social funds, trust, religious norms, deliberation, trustworthiness, moral reputation, and microeconomic protection mechanisms.