METODE ANALYTIC NETWORK PROCESS (ANP) UNTUK MENGANALISIS FAKTOR BELUM DITERAPKANNYA MUNICIPAL ISLAMIC BONDS PADA DAERAH BERPOTENSI SUKUK DI INDONESIA

This study aims to analyze what factors affect has not been applied municipal islamic bonds
in a potentially sukuk region in Indonesia. Previous research already exists that discusses
which areas have the potential to publish municipal Islamic bonds but until now no region has
published municipal islamic bonds. Whereas municipal Islamic bonds can cover the budget
deficit of regional income and can finance the development of regional infrastructure so that no
need debt. Therefore, the authors do research what factors are the cause by using the method
of analytic network process to obtain the priority scale of the causal factor has not been applied
municipal islamic bonds in the area of potentially sukuk in Indonesia. From this research, it
is found that there are two main problem that is internal and external problem. In the internal
problem which becomes the main factor is Human Resources being in external problem which
become the main factor is government regulation.

Keywords: Analytic Network Process, Sukuk, Municipal Islamic Bonds