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IJSTR >> Volume 6 - Issue 10, October 2017 Edition



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

Website: http://www.ijstr.org

ISSN 2277-8616



The Role Of Sharia Banking In Strengthening The Micro, Small, And Medium Enterprises In North Maluku, Indonesia

[Full Text]

 

AUTHOR(S)

Sofyan Abas

 

KEYWORDS

Economic growth, economc pillar, financial intermediary

 

ABSTRACT

This research was conducted to analyze the role of Sharia banking in strengthening the micro, small and medium enterprises (UMKM) in North Maluku, Indonesia. This research is a qualitative research that is analytical descriptive. This qualitative research is actually a study of economic institutions acceleration, mainly Islamic banking finance institutions in North Maluku Province in financial intermediation activities, such as financing partnerships with UMKM in terms of financing to support the strengthening of regional and national economies. The data sources of study were obtained from competent informants and directly involved with the activities of their respective institutions, among others, officials in the Sharia Banking, officials in the ranks of the Cooperatives and UMKM service, the elements of business entities of the UMKM group and related stakeholders in North Maluku province. The results show that the role of financial intermediary of Sharia banking in North Maluku Province can accelerate the sector of UMKM as a pillar of the society's economy. Therefore, the business capital of Sharia banking is a very basic requirement for UMKM sector to exist in its economic business in North Maluku.

 

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