Constraints and strategies for municipal Sukuk issuance in Indonesia Title : Constraints and strategies for municipal Sukuk issuance in Indonesia Authors : 1. Imron Mawardi2. Tika Widiastuti3. Muhammad Ubaidillah Al Mustofa Department : Ekonomi Islam Journal Name : Journal of Islamic Accounting and Business Research Kinds of Journal : Scopus Q2 Keywords : Sukuk, Analytical network process, Public finance, Government income,Municipal sukuk ABSTRACT Purpose – This study aims to examine the constraints in the issuance of municipal Sukuk in Indonesia and proposed potential solutions and strategies to support its implementation.Design/methodology/approach – This study used the analytic network process (ANP) method with four groups of relevant respondents that comprised representatives from the local government, universities (academicians), experts (practitioners) and regulators.Findings – Four elements support municipal Sukuk issuance: issuer (regional government or municipality), investor, market and infrastructure. The element with the highest score was the lack of commitment from the regional government in issuing municipal sukuk due to leadership change that occurs every five years. Thus, specific regulations that strengthen and regulate municipal Sukuk issuance and the support from the centralgovernment are the priority solutions and strategies that should be undertaken to encourage regional governments in issuing municipal Sukuk.Practical implications – The establishment of specific regulations by the central government that support and strengthen municipal Sukuk issuance is necessary to promote successful implementation. Supports from the central government include tax incentives, accessible licensing processes and bureaucracy aids.Originality/value – This study extended the literature by examining problems, solutions and strategies for municipal Sukuk issuance in terms of four aspects: the issuer (municipal government), investors, markets and infrastructure. The multiple aspect analyses provided a broader understanding of the lack of municipal Sukuk issuance in Indonesia For details : https://www.emerald.com/insight/content/doi/10.1108/JIABR-03-2021-0082/full/html