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The Challenges of Islamic Microfinance (Indonesia Evidence)

European Journal of Islamic Finance

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Title The Challenges of Islamic Microfinance (Indonesia Evidence)
 
Creator Prastowo, Lucky Nugroho; Bank Syariah Mandiri
 
Subject Islamic micro finance, the act No.1 of 2013 regarding microfinance institutions, Baitul Mal Wa Tamwil, Transformation, Microfinance challenges, Islamic perspective
 
Description Microfinance institutions and Islamic microfinance institutions that do not have a body would be transformed into cooperatives (Coop) or shareholder firms (SHFs) company under the act No.1 of 2013 (UU No.1 Tahun 2013) regarding microfinance institutions. One of Islamic microfinance institutions for being Baitul Mal Wa Tamwil (BMT) that currently a majority of non-governmental organizations are required to transform to become more professional, and should be answer the challenge in the future. In this literature review there are some challenges for BMT to be transformed and can be exist in future. The challenges of BMT, are what the microfinance market that also relevant to the Islamic perspective will be needed in future. This literature review is limited by three questions, (i) What is the purpose of BMT?, (ii) What are the challenges of BMT in the future?, (iii) What are the advantages BMT incorporated in?
 
Publisher University of Turin - Italy
 
Date 2015-03-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ojs.unito.it/index.php/EJIF/article/view/793
10.13135/2421-2172/793
http://www.ojs.unito.it/index.php/EJIF/article/download/793/766
 
Source European Journal of Islamic Finance; No 1 (2014): EJIF - European Journal of Islamic Finance, 1, 2014
European Journal of Islamic Finance; No 1 (2014): EJIF - European Journal of Islamic Finance, 1, 2014
2421-2172
 
Language eng
 
Relation http://www.ojs.unito.it/index.php/EJIF/article/view/793/766