Dalam menjalankan usahanya, usaha mikro dan kecil (UKM) mengalami beberapa permasalahan baik internal dan eksternal, salah satunya yaitu kesulitan dalam permodalan. Permasalahan tersebut juga dirasakan oleh UKM yang ada di Kota Mojokerjo. Untuk membantu menyelesaikan permasalahan UKM ini beberapa stakeholder yang ada di Kota Mojokerto bekerjasama membentuk Program Pembiayaan Syariah (Pusyar) dengan basis akad Murabahah. Pelaksanaan program ini sudah berjalan kurang lebih lima tahun sejak pertama kali disahkannya nota kesepahaman kerjasama Pusyar oleh Badan Amil Zakat Nasional Kota Mojokerto, PT. BPRS Kota Mojokerto, Dinas Koperasi Perindustrian dan Perdagangan (Diskoperindag) dan Masyarakat Ekonomi Syariah (MES) pada 2013. Selama itu pula besaran angka alokasi dan realisasi anggaran, serta jumlah penerima manfaat dari program Pusyar mengalami peningkatan, sehingga pada dasarnya program pembiayaan ini dibutuhkan oleh UKM untuk bertahan dari persaingan bisnis yang ada. Keterbaharuan dari penelitian ini menggambarkan model program Pusyar secara menyeluruh dan merumuskan strategi pengembangan dengan memperkuat peran dan tanggung jawab dari stakeholder yang terlibat. Sehingga tujuan studi ini akan mengkaji secara lebih mendalam dalam merumuskan strategi pengembangan yang tepat dari program pemberdayaan UKM melalui Pusyar agar kebermanfaatan program ini dapat meningkat. Harapannya dari hasil studi ini dapat dijadikan acuan bagi pemerintah daerah lainnya atau

As an agricultural country, the agricultural sector has a vital role in the development of the national economy. But it does not mean the agricultural sector work without an obstacle. In fact the sector is often faced with various problems, especially in the weakness of capital. The capital needs will increase along with various choices of commodities and cropping patterns, the development of cultivation technology, post- harvest handling and processing of increasingly rapid results. In the era of agricultural technology, intensive of capital mobilization for both agricultural equipment and production facilities. Farmers can not afford to finance their farms with their own funds so that the farmers decide to finance the majority of which come from conventional lending institutions or even loan sharks and “moneylenders” based on the interest system which contains the element of riba. This is what causes financing by using islamic financial institutions are still minimal. Over this condition, making an opportunity as well as a challenge for islamic financial institutions to be present in the community, especially farmers in the agricultural sector, in order to minimize the action of riba in economic activity. As a solution, sharia financial institutions offer appropriate financing schemes in accordance with the needs of farners, but it can also be through the optimization of the function of islamic microfinance institutions (BMT) as an alternative in financing in the agricultural sector, the establishment of agricultural sharia banking and the application of rewards and punishment in financing. So the purpose of this study is expected by closer farmers with islamic financial institutions so that they can be completely free from the riba that can harm.Keywords:Riba, Agricultural Development, Sharia Financing, Islamic Financial Institutions, Islamic Banking.

In business practices, micro and small businesses (SMEs) have several internal and external problems, such as difficulties in capital. These problems also occur in SMEs in Mojokerto. To solve this SME problem, several stakeholders in Mojokerto collaborated to create a Sharia Financing Program (PUSYAR) on the basis of a Murabahah contract. The implementation of this program has been running for approximately five years, since the memorandum of understanding was signed by the Badan Amil Zakat Nasional Kota Mojokerto, PT. BPRS Kota Mojokerto, Dinas Koperasi Perindustrian dan Perdagangan (Diskoperindag) dan Masyarakat Ekonomi Syariah (MES) in 2013. During this time, the amount of budget allocation and realization, and the number of beneficiaries of the PUSYAR program has increased, so basically the PUSYAR financing program is needed by SMEs to survive the existing business competition. The renewal of this study, describes the PUSYAR program model as a whole and formulates a development strategy by strengthening the roles and responsibilities of the stakeholders involved. Therefore, the aim of this study will be to examine more deeply in formulating the right development strategy of the SME empowerment program through the PUSYAR financing program, so that the usefulness of this program can increase. The hope of the study result can be used as a reference for other local governments or the central government to apply this PUSYAR program in the future.