REACTUALIZATION OF THE ISLAMIC SOCIAL FINANCE SYSTEM OF SAPRAH AMAL IN BANJAR COMMUNITY, INDONESIA

This paper explains an instrument of source of funds based on Islamic social finances system and cultural value system. That instrument is Saprah Amal which is implemented by Banjar community, Indonesia. Saprah Amal is a unique phenomenon, actual and strategic to revitalize the purpose of social funds for public economic development. Saprah Amal paradigm is social fundraising design of Banjar community based on local values and Banjar culture to implement the principles of alms and charity. This paper used economic and cultural approach. Cultural approach has been used to find conceptual frame of Saprah Amal mechanism in Banjar community. Based on the result of theoretical analysis, its conclusion is saprah amal as an activity of Banjar community through fundraising in order to build infrastructures, school building, mosque, and other social facilities. Living values of saprah amal tradition is in accordance and its can be reactualyzing with both the Islamic economic principles and the economic democracy principles.