Authors:
Muhammad Nafik Hadi Ryandono
;
Tika Widiastuti
and
Imron Mawardi
Affiliation:
Sharia Economics Department, Universitas Airlangga, Jl. Airlangga No.4, Surabaya and Indonesia, Indonesia
Keyword(s):
MSME, Financing, Linkage, Micro Sharia.
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 g
overnment’s budget, and can function as a monitoring and evaluation tool.
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