Linkage Model in Micro Sharia Financing for The Empowerment of MSME

Muhammad Nafik Hadi Ryandono, Tika Widiastuti, Imron Mawardi

2017

Abstract

develop the Micro, Small, and Medium Enterprise (MSME) and also non-MSME sector. This research has a goal to develop micro sharia financing in the society, and also uplift the economic condition of the low-middle class people in the society. The research method of this research uses the qualitative descriptive method because this research will explain and illustrate the micro sharia financing process with linkage model like channeling, executing, and joint financing in detail and in the orderly fashion. The result of this research shows that the increase of function and role of General Islamic Bank, Islamic Enterprise Unit, Islamic Rural Bank, and Islamic Micro Finance Institution, in the form of a Cooperative or Baitul Mal Wattamwil (BMT), can be done by using linkage program. This research result in linkage model of micro sharia financing that can help the development of MSME which has advantages such as no recurring cost, no linkage cost, no burden toward the national and local government’s budget, and can function as a monitoring and evaluation tool.

Paper Citation

in Harvard Style

Ryandono M., Widiastuti T. and Mawardi I. (2017). Linkage Model in Micro Sharia Financing for The Empowerment of MSME.In 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP, ISBN 978-989-758-315-5, pages 718-723. DOI: 10.5220/0007088607180723

in Bibtex Style

@conference{iciebp17,
author={Muhammad Nafik Hadi Ryandono and Tika Widiastuti and Imron Mawardi},
title={Linkage Model in Micro Sharia Financing for The Empowerment of MSME},
booktitle={1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,},
year={2017},
pages={718-723},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007088607180723},
isbn={978-989-758-315-5},
}

in EndNote Style

TY - CONF

JO - 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,
TI - Linkage Model in Micro Sharia Financing for The Empowerment of MSME
SN - 978-989-758-315-5
AU - Ryandono M.
AU - Widiastuti T.
AU - Mawardi I.
PY - 2017
SP - 718
EP - 723
DO - 10.5220/0007088607180723