The study aims to evaluate cause and effect of financing problems on Baitul Mal wa Tamwil (BMT)
during Covid 19 and to analyze the strategy undertaken by BMT to handling financing problems.
This study is qualitative research. The primary and secondary data obtained from observations,
interviews, and documentation. The informant of study are top management and members of BMT Al-
Hidayah Kotaraja Lombok Timur. The data are analyzed using the FMEA (Failure Mode and Effect
analysis) approach. FMEA method is a systematic method used to identify and prevent problems with
a company's product or business process. All process is calculated in score, namely Risk Priority
Number (RPN) and showed in the Pareto diagram. Financing problems are categorized as substandard,
doubtful, and bad financing. The causes are lack of employee ability to assess prospective member's
character who does not want to pay installments and natural disaster (Covid-19 pandemic) as well.
Financing problems has an impact on the emergence of financing risk. The direct impact felt by BMT
Al Hidayah Kotaraja is that the circulation of money is not smooth, while the return for profit sharing
to deposit members must still be given every month. The lack of employee ability to assess
prospective members is the main cause. The strategy undertaken to tackle financing problems is not
appropriate. They focus on members. They should focus to improve the ability of employees to assess
prospective members. The study also found that FMEA is effective in overcoming financing problems
in BMT.

Keywords: Financing problems, NPF, BMT, FMEA

Currently, the development of fintech (financial technology) is growing in Indonesia, not to mention the syariah economic industry is also competing in financial technology and providing financial services based on Islamic law. A number of studies have shown the potential of sharia fintech applications, along with the future challenges that will be face by syariah fintech in Indonesia. ALAMI Sharia is one of the pioneers in the field of syariah fintech with the specification of crowdfunding funds from the public and channeling it to encourage the development of MSMEs that have difficulty getting capital injections from banks. The growth of ALAMI Sharia which has drastically increased in just 3 years is an interesting case study to discuss that it can become learning material for other syariah fintech. Operational cost efficiency, Strict funding assessment standards, employees dominated by young generations, conducive office-culture, and human resource management that not only emphasizes target achievement but alignment of productivity with Islamic values that are consistently applied have proven to be able to turn ALAMI Sharia into the best syariah fintech in Indonesia today.

Pasar  wisata  religiyang  berupa  penyelenggaraan  ibadah  umrah,  sangat besar potensinya di Indonesia. Ratusan ribu jamaah tiap tahun berangkat ke Baitullah dengan menggunakan moda transportasi pesawat terbang. Salah satu maskapai yang menyediakan layanan penerbangan bagi jamaah umrah adalah PT. Garuda Indonesia (Persero), Tbk. Pada tahun 2019 Garuda Indonesia mengeluarkan surat edaran GA Info yang berisi perubahan sistem penjualan secara langsung untuk tiket rute Middle East(Jeddah dan Madinah) menjadi sistem penjualan wholesaledengan menunjuk 6 mitra  penjualan.  Pada  tahun  2020  Komisi  Pengawasan  Persaingan  Usaha  (KPPU) mendenda Garuda sebesar 1 miliar atas Praktek Diskriminasi terkait Pemilihan Mitra Penjualan Tiket Umrah Menuju dan dariJeddah dan Madinah. Lalu Garuda Indonesia menggugat  keputusan  KPPU  ini  ke  pengadilan  dan  pada  tanggal  22  Maret  2022 Mahkamah Agung (MA) Republik Indonesia menolak kasasi Garuda Indonesia atas putusan  KPPU. Praktek  monopoli  dan  persaingan  tidak  sehat sertadampaknya terhadap  keadilan  sosial disinggung  oleh  ulama  Yahya  bin  Umar  dalam  kitabnya Ahkam  al-Suq.  Tulisan  ini  akan  membahas  kebijakan monopolistik Garuda yang menciptakan persaingan usaha yang tidak sehatmenurut perspektif Yahya bin Umar.