Musyarakah financing is a strategic tool to empower Micro and Small Enterprises (MSEs) through justice, collaboration, and profit-sharing based on Islamic principles. This study explores the implementation of musyarakah contracts in MSEs, identifies existing challenges, and proposes optimization strategies. Through a literature review, the study reveals that while musyarakah provides fair, interest-free financing, its application is limited by low Islamic financial literacy, weak oversight, and limited technological and managerial capabilities among MSE actors. Despite these issues, musyarakah plays a vital role in expanding access to capital, improving business practices, and strengthening MSEs' position in the national economy. Optimization can be achieved through enhanced education, stronger and sustainable partnerships, simplified regulations, and digital integration. With these improvements, musyarakah has strong potential to serve as an inclusive, sustainable instrument aligned with Islamic economic values, contributing significantly to the growth and resilience of the MSE sector.Keywords : Islamic Finance, Micro and Small Enterprises, Musyarakah.

The development of information technology has led to a shift in the economic transaction system towards digital. This change brings convenience, but also challenges in maintaining the suitability of transactions with sharia principles in muamalah fiqh. This research aims to examine the implementation of digital transactions from the perspective of Islamic law. The method used is a literature study. The results of the analysis show the importance of the principles of justice, clarity of contracts, transparency, and the prohibition of usury, gharar, and maysir in digital transactions. Islamic financial institutions play a role in providing sharia-compliant digital services. The main challenges faced are the lack of public understanding and the security risks of digital transactions. The solution offered is continuous education and strengthening sharia-based regulations. With this approach, digital transactions can develop in line with Islamic values.Keywords : Digital Transactions, Fiqh of Muamalah, Islamic Finance, Islamic Law