Skripsi

Project Feasibility Analysis of Public-Private Partnership (ppp): Case Study of Public Street Lighting ppp Project in Madiun Regency Using Sharia Financing / Aisyah Saraswati

Abstrak
This study examines the financial feasibility and Sharia compliance of the Public Street Lighting (PJU) project in Madiun Regency financed through Islamic finance under a Public-Private Partnership (PPP) framework. The project which utilizes sukuk and mudharabah is analyzed using key financial indicators Net Present Value (NPV) Internal Rate of Return (IRR) and Payback Period. The findings reveal that the project is financially viable with conventional methods yielding a positive NPV of IDR 5.5 billion an IRR of 10.67% and a Payback Period of 8.5 years. Notably the Sharia-compliant financing model demonstrates even stronger performance with an NPV of IDR 7.2 billion a higher IRR of 12.8% and a shorter Payback Period of 7 years. Moreover the project fully complies with Sharia principles as it avoids riba (interest) and gharar (excessive uncertainty). The findings underscore Islamic finance as both an ethical and financially superior alternative for infrastructure projects proposing its replication across Indonesia rsquo s development sectors. The project rsquo s success positions it as a potential benchmark for future Sharia-compliant PPP financing in the region.

Informasi Detail

DDC

SKRIPSI DIGITAL

Prodi

Universitas Negeri Malang. Program Studi Ekonomi dan Studi Pembangunan, 2025.

Deskripsi Fisik

x, 71 hlm. : ilus.

Bahasa

No Reg

4307/RS/25

Edisi

Skripsi (Sarjana)--Universitas Negeri Malang. 2025

Subjek

1. KELAYAKAN PROYEK - PEMBIAYAAN SYARIAH
2. PROJECT FEASIBILITY - SHARIA FINANCING

Pembimbing

1. Muhammad Hasyim Ibnu Abbas, S.e., M.sc

Lampiran Berkas