AN ALTERNATIVE CREDIT GUARANTEE SCHEME FOR FINANCING MSEs IN ISLAMIC BANKING

The objective of this paper is to propose a model for a financing guarantee scheme (FGS) funded by the voluntary sector (through zakat, infaq, and sadaqah, or ZIS funds) to support small and medium-sized enterprises (SMEs). We argue that the existing credit guarantee scheme (CGS) relies on governmen...

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Bibliographic Details
Main Authors: M. Luthfi Hamidi, Fikri Salahudin
Format: Article
Language:English
Published: Bank Indonesia 2021-02-01
Series:Journal of Islamic Monetary Economics and Finance
Subjects:
Online Access:https://jimf-bi.org/index.php/JIMF/article/view/1331