Jurnal Iqtisaduna
Vol 4 No 1 (2018)

SMIF Model With Maqashid Sharia-Based

Anas Alhifni (Program Studi Perbankan Syariah Fakultas Ekonomi Islam Universitas Djuanda Bogor)
Biyati Ahwarumi (Doctoral Program in Islamic Economics of Airlangga University)



Article Info

Publish Date
03 Jul 2018

Abstract

Islamic microfinance institution is financial institution that is more oriented to the middle and lower community, its existence is for all religions and its role should be further optimized to provide welfare to members and community in general, this paper aims to explain the basic philosophy of Islamic microfinance institution and how the concept of Islamic microfinance institution in accordance with maqashid sharia values. The method used is qualitative method withanalysis techniques of data content analysis.Result of this article shows that the fundamental difference between Islamic microfinance institution and conventional finance institutionfound in the philosophy of moral values in accordance with texts of the Al-Quran and hadith. As maqashidsyariah-based SMIF financial institution that can guarantee every product that is able to provide benefits for people to reach Fallah or welfare, such as prioritizing profit sharing products, and keep the goal as business and social financial institution.

Copyrights © 2018






Journal Info

Abbrev

Iqtisaduna

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

This study aims to determine the efforts of Islamic Financial Institutions in empowering SMEs, strategies and important roles carried out by LKS in order to empower SMEs through the provision of capital to be managed in business. The method used in this research is descriptive analysis method, a ...