Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia

Abstract
This study presents a comprehensive evaluation of three main Islamic monetary instruments Sukuk, the Islamic Interbank Money Market (PUAS), and Sharia Repo to strengthen the resilience and stability of Indonesia’s Islamic financial system. Using a descriptive literature review method, this study analyzes relevant academic sources, regulatory frameworks, and policy reports. Sukuk is examined as an asset-based instrument that plays a crucial role in medium- to long-term financing and fiscal management. PUAS is analyzed as a mechanism for short-term liquidity management among Islamic banks based on mudharabah and wakalah contracts. Meanwhile, Sharia Repo is evaluated through the sale and repurchase mechanism of Sharia State Securities (SBSN) to support liquidity stability in Islamic banking. The findings reveal strong synergy among these instruments in managing excess liquidity, controlling inflation, and strengthening the transmission of Bank Indonesia’s monetary policy in compliance with Sharia principles. This study recommends enhancing public literacy, strengthening innovative regulatory frameworks, and developing Islamic financial infrastructure to promote inclusive and sustainable growth in Indonesia’s Islamic financial sector.
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How to Cite

Annisyah Nur Silalahi, et al. (2025). Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia. Jurnal Nuansa : Publikasi Ilmu Manajemen dan Ekonomi Syariah, 3(4). https://doi.org/10.61132/nuansa.v3i4.2413

Annisyah Nur Silalahi; Dita Handayani; Faris Haikal Hasibuan; Reni Ria Armayani Hasibuan, "Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia," Jurnal Nuansa : Publikasi Ilmu Manajemen dan Ekonomi Syariah, vol. 3, no. 4, 2025.

Annisyah Nur Silalahi; Dita Handayani; Faris Haikal Hasibuan; Reni Ria Armayani Hasibuan. "Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia." Jurnal Nuansa : Publikasi Ilmu Manajemen dan Ekonomi Syariah, vol. 3, no. 4, 2025.

Annisyah Nur Silalahi; Dita Handayani; Faris Haikal Hasibuan; Reni Ria Armayani Hasibuan. "Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia." Jurnal Nuansa : Publikasi Ilmu Manajemen dan Ekonomi Syariah 3, no. 4 (2025).

Annisyah Nur Silalahi, et al. (2025) 'Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia', Jurnal Nuansa : Publikasi Ilmu Manajemen dan Ekonomi Syariah, 3(4). doi: 10.61132/nuansa.v3i4.2413.

Annisyah Nur Silalahi; Dita Handayani; Faris Haikal Hasibuan; Reni Ria Armayani Hasibuan. Analisis Komprehensif Instrumen Moneter Syariah: Sukuk, PUAS, dan Repo Syariah untuk Stabilitas Keuangan Islam di Indonesia. Jurnal Nuansa : Publikasi Ilmu Manajemen dan Ekonomi Syariah. 2025;3(4).

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