CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS
This study examines the poverty alleviation efforts undertaken by the Islamic microfinance institutions (IMFIs) in Indonesia. We focused on the role played by the IMFIs in view of their direct involvements in the process of dealing with the borrowers, and their better understanding about the financi...
| मुख्य लेखकों: | , |
|---|---|
| स्वरूप: | लेख |
| भाषा: | English |
| प्रकाशित: |
Bank Indonesia
2020-03-01
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| श्रृंखला: | Journal of Islamic Monetary Economics and Finance |
| विषय: | |
| ऑनलाइन पहुंच: | https://jimf-bi.org/index.php/JIMF/article/view/1203 |
| _version_ | 1827989986787459072 |
|---|---|
| author | Adhitya Ginanjar Salina Kassim |
| author_facet | Adhitya Ginanjar Salina Kassim |
| author_sort | Adhitya Ginanjar |
| collection | DOAJ |
| description | This study examines the poverty alleviation efforts undertaken by the Islamic microfinance institutions (IMFIs) in Indonesia. We focused on the role played by the IMFIs in view of their direct involvements in the process of dealing with the borrowers, and their better understanding about the financial inclusion agenda as well as the financial guidelines and regulations issued by the relevant authorities. In methodology, a total of 34 managers of Baitul Maal wat Tamwil (BMTs) were taken as respondents from the Jakarta, Bogor, Depok, Tangerang and Bekasi (JABODETABEK) areas. A two-step approach was adopted in arriving at enriching findings: first, a survey questionnaire was distributed to the respondents, and subsequently, an in-depth interview was conducted to outline data related to the model design. The findings of this study highlight specific dimensions to improve financial inclusion among the poor. Apart from providing important inputs for better decision-making for the BMTs to further enhance its role in poverty alleviation, this study suggests a variety of strategies to warrant success of poverty alleviation efforts by BMT. |
| first_indexed | 2024-04-10T00:28:57Z |
| format | Article |
| id | doaj.art-96b978b00c9849d2a05dcb04e69173f0 |
| institution | Directory Open Access Journal |
| issn | 2460-6146 2460-6618 |
| language | English |
| last_indexed | 2024-04-10T00:28:57Z |
| publishDate | 2020-03-01 |
| publisher | Bank Indonesia |
| record_format | Article |
| series | Journal of Islamic Monetary Economics and Finance |
| spelling | doaj.art-96b978b00c9849d2a05dcb04e69173f02023-03-15T04:41:26ZengBank IndonesiaJournal of Islamic Monetary Economics and Finance2460-61462460-66182020-03-0161779410.21098/jimf.v6i1.12031203CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONSAdhitya Ginanjar0Salina Kassim1International Islamic University Malaysia, MalaysiaInternational Islamic University Malaysia, MalaysiaThis study examines the poverty alleviation efforts undertaken by the Islamic microfinance institutions (IMFIs) in Indonesia. We focused on the role played by the IMFIs in view of their direct involvements in the process of dealing with the borrowers, and their better understanding about the financial inclusion agenda as well as the financial guidelines and regulations issued by the relevant authorities. In methodology, a total of 34 managers of Baitul Maal wat Tamwil (BMTs) were taken as respondents from the Jakarta, Bogor, Depok, Tangerang and Bekasi (JABODETABEK) areas. A two-step approach was adopted in arriving at enriching findings: first, a survey questionnaire was distributed to the respondents, and subsequently, an in-depth interview was conducted to outline data related to the model design. The findings of this study highlight specific dimensions to improve financial inclusion among the poor. Apart from providing important inputs for better decision-making for the BMTs to further enhance its role in poverty alleviation, this study suggests a variety of strategies to warrant success of poverty alleviation efforts by BMT.https://jimf-bi.org/index.php/JIMF/article/view/1203financial inclusionislamic microfinance institutionbaitulmaal wa tamwilislamic financeindonesia |
| spellingShingle | Adhitya Ginanjar Salina Kassim CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS Journal of Islamic Monetary Economics and Finance financial inclusion islamic microfinance institution baitulmaal wa tamwil islamic finance indonesia |
| title | CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS |
| title_full | CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS |
| title_fullStr | CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS |
| title_full_unstemmed | CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS |
| title_short | CAN ISLAMIC MICROFINANCE ALLEVIATES POVERTY IN INDONESIA? AN INVESTIGATION FROM THE PERSPECTIVE OF THE MICROFINANCE INSTITUTIONS |
| title_sort | can islamic microfinance alleviates poverty in indonesia an investigation from the perspective of the microfinance institutions |
| topic | financial inclusion islamic microfinance institution baitulmaal wa tamwil islamic finance indonesia |
| url | https://jimf-bi.org/index.php/JIMF/article/view/1203 |
| work_keys_str_mv | AT adhityaginanjar canislamicmicrofinancealleviatespovertyinindonesiaaninvestigationfromtheperspectiveofthemicrofinanceinstitutions AT salinakassim canislamicmicrofinancealleviatespovertyinindonesiaaninvestigationfromtheperspectiveofthemicrofinanceinstitutions |