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Islamic Economic Orientation Model for Microfinance Institution

Author

Listed:
  • Ahmad Wira

    (Universitas Islam Negeri Imam Bonjol, Padang, Indonesia)

  • Hulwati

    (Universitas Islam Negeri Imam Bonjol, Padang, Indonesia)

  • Huriyatul Akmal

    (Universitas Islam Negeri Imam Bonjol, Padang, Indonesia)

  • Riandy Mardhika Adif

    (Universitas Islam Negeri Imam Bonjol, Padang, Indonesia)

  • Jufriadif Na`am*

    (Universitas Putra Indonesia YPTK, Padang, Indonesia)

Abstract

This study formulated a model of Islamic economic orientation towards microfinance institutions (MFIs) in Solok Indonesia. The approach method used is Participatory Action Research (PAR) on Islamic economics in social change. This study produces three models of Islamic economic orientation, namely social, profit and social-profit. Thus, this research helps the community in implementing a more reliable Islamic economy.

Suggested Citation

  • Ahmad Wira & Hulwati & Huriyatul Akmal & Riandy Mardhika Adif & Jufriadif Na`am*, 2019. "Islamic Economic Orientation Model for Microfinance Institution," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(3), pages 676-682, 03-2019.
    • Handle: RePEc:arp:tjssrr:2019:p:676-682
    as

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    References listed on IDEAS

    as
    1. Rose Abdullah & Abdul Ghafar Ismail, 2017. "Taking stock of the waqf-based Islamic microfinance model," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 44(8), pages 1018-1031, August.
    2. Amin Mohseni-Cheraghlou, 2017. "Financial Inclusion and Poverty Alleviation in Muslim-majority Countries: The Role of Islamic Finance and Qard Hassan," Palgrave Studies in Islamic Banking, Finance and Economics, in: Muhamed Zulkhibri & Abdul Ghafar Ismail (ed.), Financial Inclusion and Poverty Alleviation, chapter 0, pages 141-197, Palgrave Macmillan.
    3. Hafiz ZahidMahmood & Kausar Abbas & Mehreen Fatima, 2017. "Islamic microfinance and household welfare nexus: empirical investigation from Pakistan," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 7(1), pages 1-15, December.
    4. Muhamed Zulkhibri & Abdul Ghafar Ismail (ed.), 2017. "Financial Inclusion and Poverty Alleviation," Palgrave Studies in Islamic Banking, Finance and Economics, Palgrave Macmillan, number 978-3-319-69799-4, December.
    5. Mohammad Soleh Nurzaman, 2017. "The Impact of Zakat Programs from Human Development Perspectives: An Empirical Evaluation," Palgrave Studies in Islamic Banking, Finance and Economics, in: Muhamed Zulkhibri & Abdul Ghafar Ismail (ed.), Financial Inclusion and Poverty Alleviation, chapter 0, pages 245-269, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

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