Maintaining Sustainability of Islamic Microfinance With Outreach and Sharia Compliance in Jambi
- DOI
- 10.2991/aebmr.k.210305.059How to use a DOI?
- Keywords
- Islamic Microfinance, Outreach Microfinance, Performance, Religiusitas, Trust, Staff productivity, Islamic Micro Finance Model
- Abstract
This study analises outreach factor which implemanted financial religiusious prinsip in MFIS. Like insurance, mortage and BMT in Jambi. This study also estimates outreach and sharia complemnet on stakeholder of MFIS. Outcome of this study will be contribution to financial management policy in syaria complement of MFIS. Based on the pattern and concept of the outreach of financial institutions that still use aspects that are contrary to shariah principles in the form of determining interest rates. This happened because of the lack of the concept of range that was formulated in the framework of sharia compliance. So that found mismanagement, dysfunctional and moral hazard in Islamic financial institutions in the past 5 years. Seven of Islamic financial institutions in Yogyakarta, 3 Islamic financial institutions in West Java, the ability to reach prospective customers and members shown by the financial institutions, generate large assets but on the other hand compliance with sharia does not become a standard within the reach of institutions.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Sucipto Djaafar PY - 2021 DA - 2021/03/08 TI - Maintaining Sustainability of Islamic Microfinance With Outreach and Sharia Compliance in Jambi BT - Proceedings of the 2nd Southeast Asian Academic Forum on Sustainable Development (SEA-AFSID 2018) PB - Atlantis Press SP - 328 EP - 336 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210305.059 DO - 10.2991/aebmr.k.210305.059 ID - Djaafar2021 ER -