IJSTR

International Journal of Scientific & Technology Research

Home About Us Scope Editorial Board Blog/Latest News Contact Us
0.2
2019CiteScore
 
10th percentile
Powered by  Scopus
Scopus coverage:
Nov 2018 to May 2020

CALL FOR PAPERS
AUTHORS
DOWNLOADS
CONTACT

IJSTR >> Volume 8 - Issue 8, August 2019 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



The Dynamics Of The Development Of Baitul Maal Wa Tamwil In Indonesia With The Swot Analysis Approach

[Full Text]

 

AUTHOR(S)

Uus Ahmad Husaeni, Tini Kusmayati Dew

 

KEYWORDS

BMT; Commercial, Economic Empowerment; Microfinance; SMEs; and Social.

 

ABSTRACT

This research is motivated by the fundamental changes in micro finance industry map caused by the many penetration done by big players (rich people), so Baitul Maal Wa Tamwil (BMT) position began to lose its identity and must be transformed to face competition in micro finance sector. The purpose of this study is to prove the total change of microfinance business and analyze the position and role of BMT in the economic empowerment of people. This research is qualitative with library approach, where primary data are collected from primary sources in the form of related literature and secondary data in the form of publication report and interview. The data are then presented and analyzed by descriptive-analytical method using SWOT approach. The main conclusion of this research is that there has been a commercialization of microfinance business in Indonesia, so that BMT who carry out the mission of economic empowerment of people should focus on choosing the role as well as transform themselves. The transformation is done by changing its role and position to two alternatives; commercial or social, which is then supported by good corporate governance.

 

REFERENCES

[1] Ledgerwood, J. (2000). Sustainable Banking with the Poor; Microfinance Handbook An Institutional and Financial Perspective. The World Bank Washington DC.
[2] Amalia, E. (2009). Keadilan Distributif dan Penguatan LKM; UKM di Indonesia. Rajagrafindo Persada Jakarta.
[3] Ismail, E. (2013). Transcript of One Village One Islamic Microfinance Institutions. UGM Yogyakarta.
[4] Robinson, M. S. (2002). The Microfinance Revolution: Sustainable Finance for the Poor. The World Bank Washington DC.
[5] Nurmanaf, A. R. (2007). Lembaga Informal Pembiayaan Mikro Lebih Dekat dengan Petani. Analisis Kebijakan Pertanian, 5(2), 35-47.
[6] Ridwan, M. (2004). Manajemen Baitul Maal Wat Tamwil (BMT). UII Press Yogyakarta.
[7] Rizki, A. (2007). BMT: Fakta dan Prospek Baitul Maal wat Tamwiil. UCY Press Yogyakarta.
[8] Patten, R. H., & Johnston, D. E. (2001). Microfinance success amidst macroeconomic failure: The experience of Bank Rakyat Indonesia during the East Asian crisis. Journal of Microfinance, 2(2), 20-31.
[9] Moleong, L. J. (2009). Metodelogi Penelitian Kualitatif. Remaja Rosdakarya Bandung.
[10] Rangkuti, F. (2006). Analisis SWOT Teknik Membedah Kasus Bisnis: Reorientasi Konsep Perencanaan Strategis untuk Menghadapi Abad 21. Gramedia Jakarta.
[11] Yunus, M. (2001). Banker oo The Poor, Bangladesh. The University Press Limited.
[12] Chapra, M. U., & Ahmad, H. (2012). Corporate Governance: Islamic Financial Institution. Lembaga Pengembangan Perbankan Indonesia Jakarta.
[13] Amran, A. M. (2014). The Current Practice of Islamic Microfinance Institutions’ Accounting Information System Via the Implementation of Mobile Banking. Jurnal Procedia Social and Behavioral Sciences, 5(2), 14-25.
[14] Manan, M. A. (1984). The Making of an Islamic Economic Society. International Association on Islamic Banks Cairo.
[15] Manan, A., & Khadijah, S. (2015). Risk Management of Islamic Microfinance (IMF) Product by Financial Institutions in Malaysia. Procedia Economic Finance, 3(1), 112-132.
[16] Hasbi, H. (2015). Islamic Microfinance Institution: The Capital Structure, Growth, Performance and Value of Firm in Indonesia. Journal Procedia-Social and Behavioral Sciences, 8(2), 11-26.