Efektivitas Penerapan Akad Musyarakah Mutanaqisah (MMQ) Pada Pembiayaan Griya Hasanah Di Bank Syariah Indonesia KCP Makassar Veteran

Home Ownership Credit Financing (KPR) in Islamic banks has various contract systems, including a sale and purchase contract (Murabahah), Istishna contract and participation (Musyarakah Mutanaqishah). This study aims to determine the effectiveness of the application of the Musyarakah Mutanaqisah contract in Griya Hasanah Financing at Bank Syariah Indonesia KCP Makassar Veteran. This research uses Qualitative research methods. The informants in this study were Branch Managers and Financing Section Employees at Bank Syariah Indonesia KCP Makassar Veteran. The data collection methods used are observation, interview, and documentation. The results showed that the application of the Musyarakah Mutanaqisah (MMQ) contract in financing Home Ownership Credit Products (KPR) / Griya at Bank Syariah Indonesia KCP Makassar Veteran was used for Refinancing, not purchasing a new house. Its application has been said to be effective which is seen by using 5 indicators, namely: Program Success, Target Success, Satisfaction with the Program, Input and Output Levels, and Achievement of Overall Goals.   Keywords: Effectiveness, Musyarakah Mutanaqisah, Griya Hasanah Financing.