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...
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| Format: | Article |
| Language: | English |
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Bank Indonesia Institute
2020
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| Online Access: | http://irep.iium.edu.my/83076/1/83076_Can%20Islamic%20microfinance%20alleviates%20poverty%20in%20Indonesia.pdf |
| _version_ | 1825653516013666304 |
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| author | Ginanjar, Adhitya Kassim, Salina |
| author_facet | Ginanjar, Adhitya Kassim, Salina |
| author_sort | Ginanjar, Adhitya |
| collection | IIUM |
| 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 | 2024-03-06T00:50:57Z |
| format | Article |
| id | oai:generic.eprints.org:83076 |
| institution | International Islamic University Malaysia |
| language | English |
| last_indexed | 2024-03-06T00:50:57Z |
| publishDate | 2020 |
| publisher | Bank Indonesia Institute |
| record_format | dspace |
| spelling | oai:generic.eprints.org:830762020-09-24T07:33:03Z http://irep.iium.edu.my/83076/ Can Islamic microfinance alleviates poverty in Indonesia? an investigation from the perspective of the microfinance institutions Ginanjar, Adhitya Kassim, Salina HG3368 Islamic Banking and Finance HM831 Social change 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. Bank Indonesia Institute 2020-03-10 Article PeerReviewed application/pdf en http://irep.iium.edu.my/83076/1/83076_Can%20Islamic%20microfinance%20alleviates%20poverty%20in%20Indonesia.pdf Ginanjar, Adhitya and Kassim, Salina (2020) Can Islamic microfinance alleviates poverty in Indonesia? an investigation from the perspective of the microfinance institutions. Journal of Islamic Monetary Economics and Finance, 6 (1). pp. 77-94. ISSN 2460-6146 E-ISSN 2460-6618 http://jimf-bi.org/index.php/JIMF/article/view/1203 https://doi.org/10.21098/jimf.v6i1.1203 |
| spellingShingle | HG3368 Islamic Banking and Finance HM831 Social change Ginanjar, Adhitya Kassim, Salina Can Islamic microfinance alleviates poverty in Indonesia? an investigation from the perspective of the microfinance institutions |
| 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 | HG3368 Islamic Banking and Finance HM831 Social change |
| url | http://irep.iium.edu.my/83076/1/83076_Can%20Islamic%20microfinance%20alleviates%20poverty%20in%20Indonesia.pdf |
| work_keys_str_mv | AT ginanjaradhitya canislamicmicrofinancealleviatespovertyinindonesiaaninvestigationfromtheperspectiveofthemicrofinanceinstitutions AT kassimsalina canislamicmicrofinancealleviatespovertyinindonesiaaninvestigationfromtheperspectiveofthemicrofinanceinstitutions |