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Peningkatan Keuangan Inklusif di Indonesia melalui Fintech Syariah
[Increasing Financial Inclusion Through Syaria Fintech]

Author

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  • Ngasuko, Tri Achya

Abstract

Financial inclusion is a hot issue because financial inclusion is one of a country's efforts to reduce inequality or improve people's welfare. The utilization of savings is only one of the indicators seen in increasing financial inclusion. Other indicators are mobile money accounts, digital payments, credit levels, remittances, and dormant/unused accounts. On the other hand, Indonesia, with a Muslim majority population, 207 million (BPS 2010), is the potential to gain an increase in the level of financial inclusion. The presence of the internet also opens opportunities to introduce Islamic financial products among the public. This paper aims to see the possibilities for Islamic financial products to increase financial inclusion in the digital age. This paper uses the study of literature as a study material. The study concluded that at the beginning of the financial inclusion policy in Indonesia, savings were considered as the initial entry point in efforts to increase financial inclusion. The presence of fintech has slightly changed this perspective. With the fintech dependence, especially sharia fintech, it is expected that aims to increase financial inclusion can be through various means such as payment services, P2P lending, or crowdfunding. Thus the growth of Islamic fintech will contribute to the development of financial inclusion in Indonesia.

Suggested Citation

  • Ngasuko, Tri Achya, 2018. "Peningkatan Keuangan Inklusif di Indonesia melalui Fintech Syariah [Increasing Financial Inclusion Through Syaria Fintech]," MPRA Paper 99180, University Library of Munich, Germany, revised 01 Aug 2018.
    • Handle: RePEc:pra:mprapa:99180
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Financial Inclusion; Fintech; Syaria;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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