Julo-Julo as Social Capital: Strengthening the Economic Resilience of Traders at Sangkumpal Bonang Market, North Sumatra

Replita, Replita; Effendi, Nusyirwan; Ophyandri, Taufika; Miko, Alfan

doi:10.22373/gegy8y35

Akses terbuka Jurnal

Julo-Julo as Social Capital: Strengthening the Economic Resilience of Traders at Sangkumpal Bonang Market, North Sumatra

Samarah: Jurnal Hukum Keluarga dan Hukum Islam · Vol. 10 No. 2 (2026) · hlm. 1039–1060

DOI: 10.22373/gegy8y35
ISSN: 2549-3167, 2549-3132
Terbit: 2026-07-18
Penerbit: Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry
Bahasa: eng
Lisensi: creativecommons.org/licenses/by-sa/4.0

Abstrak

The global economic crisis caused by many factors continues to impact the global world, including Indonesia. Conventional traders have used Julo-julo as a form of social capital to strengthen tradition-based economic practices amidst the pressures of the global free market. However, this phenomenon remains underexplored in the existing academic literature. In addition to addressing gaps in previous research, this study specifically examines how the traditional economic system that uses julo-julo by conventional traders in Sangkumpal Bonang Market, North Sumatra. Using a qualitative descriptive approach rooted in the case study method, analyzed with social capital theory. Data are based on three types, namely, observation, in-depth interviews and literature studies. Interviews were conducted with traders in Sangkumpal Bonang Market, while the literature analyzed were journal articles, proceedings, books related to the discussion. This study concludes that there are three dimensions that are key to the significant contribution of julo-julo, namely; First, this system is based on a social network built on trust, emotional closeness, and shared norms. Second, Julo-Julo offers high accessibility and practical flexibility while encouraging financial discipline among its members. Third, this system enhances the capacity of traders to manage capital, grow their businesses, and remain resilient under economic pressure. This study offers meaningful insights into the development of a tradition-based, community-rooted economic model as a viable strategy to address the challenges posed by global market liberalization.

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12 penulis · 22 tautan kepenulisan bersama · 7 lintas organisasi

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Andalas University
Universitas Islam Negeri Imam Bonjol Padang
UNSW Sydney
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Rekan penulis	Organisasi	Artikel bersama
Deky Syukma Indra	Afiliasi tidak diketahui	1
Asmawi Asmawi	Andalas University	1
Wahyu Hamdika	Andalas University	1
Afrizal Afrizal	Andalas University	1
Bob Alfiandi	Andalas University	1
Muhammad Taufik	Universitas Islam Negeri Imam Bonjol Padang	1
Indraddin	Andalas University	1
Abdul Halim	UNSW Sydney	1

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Sumber metadata: OAI-PMH (metadata jurnal) https://jurnal.ar-raniry.ac.id/index.php/samarah/oai, pertama di-harvest 7 Nov 2026, terakhir terlihat 7 Nov 2026.

Metadata asli (oai_dc)

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	<dc:title xml:lang="en">Julo-Julo as Social Capital: Strengthening the Economic Resilience of Traders at Sangkumpal Bonang Market, North Sumatra</dc:title>
	<dc:creator xml:lang="en">Replita, Replita</dc:creator>
	<dc:creator xml:lang="en">Effendi, Nusyirwan</dc:creator>
	<dc:creator xml:lang="en">Ophyandri, Taufika</dc:creator>
	<dc:creator xml:lang="en">Miko, Alfan</dc:creator>
	<dc:subject xml:lang="en">Social capital</dc:subject>
	<dc:subject xml:lang="en">julo-julo</dc:subject>
	<dc:subject xml:lang="en">economic empowerment</dc:subject>
	<dc:subject xml:lang="en">conventional traders</dc:subject>
	<dc:subject xml:lang="en">tradition</dc:subject>
	<dc:description xml:lang="en">The global economic crisis caused by many factors continues to impact the global world, including Indonesia. Conventional traders have used Julo-julo as a form of social capital to strengthen tradition-based economic practices amidst the pressures of the global free market. However, this phenomenon remains underexplored in the existing academic literature. In addition to addressing gaps in previous research, this study specifically examines how the traditional economic system that uses julo-julo by conventional traders in Sangkumpal Bonang Market, North Sumatra. Using a qualitative descriptive approach rooted in the case study method, analyzed with social capital theory. Data are based on three types, namely, observation, in-depth interviews and literature studies. Interviews were conducted with traders in Sangkumpal Bonang Market, while the literature analyzed were journal articles, proceedings, books related to the discussion. This study concludes that there are three dimensions that are key to the significant contribution of julo-julo, namely; First, this system is based on a social network built on trust, emotional closeness, and shared norms. Second, Julo-Julo offers high accessibility and practical flexibility while encouraging financial discipline among its members. Third, this system enhances the capacity of traders to manage capital, grow their businesses, and remain resilient under economic pressure. This study offers meaningful insights into the development of a tradition-based, community-rooted economic model as a viable strategy to address the challenges posed by global market liberalization.</dc:description>
	<dc:publisher xml:lang="en">Islamic Family Law Department, Sharia and Law Faculty, Universitas Islam Negeri Ar-Raniry</dc:publisher>
	<dc:date>2026-07-18</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
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	<dc:identifier>https://jurnal.ar-raniry.ac.id/index.php/samarah/article/view/33956</dc:identifier>
	<dc:identifier>10.22373/gegy8y35</dc:identifier>
	<dc:source xml:lang="en">Samarah: Jurnal Hukum Keluarga dan Hukum Islam; Vol. 10 No. 2 (2026): Samarah: Jurnal Hukum Keluarga dan Hukum Islam; 1039-1060</dc:source>
	<dc:source>2549-3167</dc:source>
	<dc:source>2549-3132</dc:source>
	<dc:source>10.22373/xjp95t90</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://jurnal.ar-raniry.ac.id/index.php/samarah/article/view/33956/pdf</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2026 Replita, Nusyirwan Effendi, Taufika Ophyandri, and Alfan Miko</dc:rights>
	<dc:rights xml:lang="en">http://creativecommons.org/licenses/by-sa/4.0</dc:rights>
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