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The role of Islamic microfinance towards SDGs 2030 from poverty alleviation Rusyda Afifah Ahmad; Helmy Fauzy Ahmad
Islamic Economics Journal Vol 7, No 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (468.983 KB) | DOI: 10.21111/iej.v7i2.7105

Abstract

This paper reviews the evidence of the impact of Islamic microfinance on poverty alleviation and identifies the determinants that can influence microfinance borrowers to realize the SDGs 2030 through a literature review. This study also promotes Islamic microfinance and suggests it as one of the best poverty alleviation tools, especially among Muslim communities by reviewing some of the measures suggested by other researchers through systematic literature reviews. This paper is a literature survey of more than 40 articles related to microfinance that attempt to review and analyze the areas researched by researchers in microfinance. This survey consists not only of empirical analysis and comparative analysis but recommendations and suggestions with some theoretical work. So to achieve the SDGs 2030 goal, it would be very good if Islamic microfinance institutions were used as the main alternative tool to alleviate poverty. Because the program and implementation of Islamic microfinance are always based on maslahah for the community.
The role of Islamic microfinance towards SDGs 2030 from poverty alleviation Rusyda Afifah Ahmad; Helmy Fauzy Ahmad
Islamic Economics Journal Vol. 7 No. 2 (2021)
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (468.983 KB) | DOI: 10.21111/iej.v7i2.7105

Abstract

This paper reviews the evidence of the impact of Islamic microfinance on poverty alleviation and identifies the determinants that can influence microfinance borrowers to realize the SDGs 2030 through a literature review. This study also promotes Islamic microfinance and suggests it as one of the best poverty alleviation tools, especially among Muslim communities by reviewing some of the measures suggested by other researchers through systematic literature reviews. This paper is a literature survey of more than 40 articles related to microfinance that attempt to review and analyze the areas researched by researchers in microfinance. This survey consists not only of empirical analysis and comparative analysis but recommendations and suggestions with some theoretical work. So to achieve the SDGs 2030 goal, it would be very good if Islamic microfinance institutions were used as the main alternative tool to alleviate poverty. Because the program and implementation of Islamic microfinance are always based on maslahah for the community.
Integrating Islamic finance principles and the digital disruptive age to support global sustainability Mahfudz, Akhmad Affandi; Rusyda Afifah Ahmad; Daribayeva Meruyert; Nafi Ilman Husin
al-Uqud : Journal of Islamic Economics Vol. 8 No. 2 (2024): July (Article in Press)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

To support global sustainability, the integration of Islamic financial principles in the digital era can be a driver of a more just, inclusive, and sustainable financial system. It will also ensure economics equality in the country and promote the public financial ecosystem and the environment. The objective of this study is to evaluate the level of significance in incorporating the tenet of Shariah amid digital disruption in financial technology to support global sustainability by way of considering the element of environmental, economic and sustainability measures. This paper employs a qualitative that includes a strong pedigree on various databases and reputable journal local and abroad. The paper finds that the principle of Shariah can eliminate the practice of social and economic inequality by preventing economics activities that lead to injustice and oppression and ensuring that risk is shared equally in all transactions.