These three strategies relate to the risk and profitability of short-term debt versus long-term
debt. As in other sections, there is a trade-off between risk and return, the higher the profit rate
will be followed by the high risk as well. The opposite is true for long-term funding. Long-
term funding generally has a higher rate of return. But the risk of long-term funding in terms
of funding is smaller with short-term funding.
The matching approach tries to balance the funding side with the side of the funded asset. In
the funding, long-term assets and current assets are permanently funded by long-term funding,
while current assets are financed by short-term funding.
After performing working capital planning, financial managers need to monitor the condition of
the company's working capital continuously. The worsening working capital condition indicates
the company is experiencing liquidity difficulties which has several indicators to monitor it:
To increase the flexibility of companies handling liquidity problems that may arise suddenly,
financial managers can do several things, such as:
Sharia Working Capital Financing is short-term financing given to companies to finance their
working capital needs based on Sharia principles.
Sharia Capital Financing Facility may be provided to all prospective sectors / sub-sectors of the
economy, not contrary to Islamic Shari’s and is not prohibited by applicable law and saturated by
Bank Indonesia.
1. Type of business
2. Business scale
3. The level of business difficulty that is executed
4. Character of transactions in the business sector to be financed
In the case of the provision of working capital financing, banks should also have a strong analytical
power of the source of repayment, i.e. the source of project income to be financed. This can be
known by way of classifying the project into:
1. Project by contract
2. Project without a contract
Based on the contracts used in Sharia financing products, the type of working capital financing
can be divided into 5 kinds, namely:
1. PMK Mudharabah
2. PMK Istishna '
3. PMK Salam
4. PMK Murabahah
5. PMK Ijarah
In determining the syariah working capital financing contract, the process of analysis performed
is as follows:
In case the project does not have a contract, then the next factor that should be seen by the bank is
whether the project is for the purchase of goods or leasing of goods.
1. If for the purchase of goods, the next thing to look at is whether the goods are ready stock or
goods in process.