Improving the Welfare of SMEs through Islamic Bank Financing

Sri Rokhlinasari(1*), Ridwan Widagdo(2),


(1) IAIN Syekh Nurjati Cirebon
(2) IAIN Syekh Nurjati Cirebon
(*) Corresponding Author

Abstract


Micro, small and medium enterprises (MSMEs) are one of the efforts to advance the Indonesian economy, especially in the city of Cirebon. Business and economic ventures that are run are able to create and expand employment opportunities to encourage economic growth, strive to help increase community income and realize national stability. For this reason, the role of banks, especially Islamic banking, is highly needed in order to encourage MSMEs to become even more advanced. This study uses a qualitative approach to data collection techniques through: interviews with Islamic banks and MSMEs in Cirebon, as well as observation, and documentation. The validity of the data is processed by triangulation, which is a data validity checking technique that utilizes something else outside the data for checking or comparison purposes. The results of the study explained that the financing procedures carried out by the Islamic banking are not complicated and show an increase in business that can be seen from the increasing number of customers, growing businesses and the addition of employees. The results show that the role of banks in terms of distribution needs to be intensified even more because it has been proven that MSMEs are stronger in dealing with the world economy and supporting the national economy.

Key words: Islamic banking, Sharia financing, MSMEs,


Full Text:

PDF

References


Reference

Afif, Z. N., & Mawardi, I. (2015). Pengaruh Pembiayaan Murabahah Terhadap Laba Melalui Variabel Intervening Pembiayaan Bermasalah Bank Umum Syariah di Indonesia Periode 2009-2013. Jurnal Ekonomi Syariah Teori Dan Terapan, 1(8).

AlMaimani, J., & Johari, F. B. (2015). Enhancing Active Participation of SMEs and Islamic Banks towards Economic Diversification in Oman. Procedia Economics and Finance, 31, 677–688. https://doi.org/https://doi.org/10.1016/S2212-5671(15)01156-9

Antonio, M. S. (2001). Bank Syariah: dari teori ke praktik. Gema Insani.

Arfiani, L. R., & Mulazid, A. S. (2017). Analisis Faktor-Faktor yang Mempengaruhi Tingkat Bagi Hasil Simpanan Mudharabah pada Bank Umum Syariah Indonesia Studi Kasus pada Bank Umum Syariah di Indonesia Periode 2011-2015. IQTISHADIA: Jurnal Ekonomi & Perbankan Syariah, 4(1), 1–23.

Chawan, A., & Vasudevan, H. (2014). Knowledge Management Practices in Indian Manufacturing MSMEs: Challenges and opportunities. Procedia Engineering, 97, 1784–1787. https://doi.org/https://doi.org/10.1016/j.proeng.2014.12.331

Huda, A. N. (2012). The development of Islamic financing scheme for SMEs in a developing country: The Indonesian case. Procedia-Social and Behavioral Sciences, 52, 179–186.

Irjayanti, M., & Azis, A. M. (2012). Barrier factors and potential solutions for Indonesian SMEs. Procedia Economics and Finance, 4, 3–12.

Maswadeh, S. N. (2015). An evaluation of SMEs satisfaction toward Jordanian Islamic banks service quality. Procedia Economics and Finance, 23, 86–94.

Menegaki, A. N., & Tugcu, C. T. (2018). Two versions of the Index of Sustainable Economic Welfare (ISEW) in the energy-growth nexus for selected Asian countries. Sustainable Production and Consumption, 14, 21–35. https://doi.org/https://doi.org/10.1016/j.spc.2017.12.005

Mulazid, A. S. (2016). Pelaksanaan Sharia Compliance Pada Bank Syariah (Studi Kasus Pada Bank Syariah Mandiri, Jakarta). MADANIA: JURNAL KAJIAN KEISLAMAN, 20(1), 37–54.

Naceur, M. S. Ben, Barajas, M. A., & Massara, M. A. (2015). Can Islamic banking increase financial inclusion? Retrieved from https://www.researchgate.net/profile/Adolfo_Barajas/publication/274374492_Can_Islamic_Banking_Increase_Financial_Inclusion/links/551c5e040cf2fe6cbf791682.pdf

Prasetyo, B., & Suryoko, S. (2018). DAMPAK PENGEMBANGAN PARIWISATA TERHADAP PERKEMBANGAN UMKM PADA KAWASAN WISATA DIENG. Jurnal Ilmu Administrasi Bisnis, 7(4), 310–320.

Rahman, A. F., & Rochmanika, R. (2012). pengaruh pembiayaan jual beli, pembiayaan bagi hasil, dan rasio Non Performing Financing terhadap profitabilitas bank umum syariah di indonesia. IQTISHODUNA.

Rimadhani, M., & Erza, O. (2017). Analisis Variabel-variabel Yang Mempengaruhi Pembiayaan Murabahah Pada Bank Syariah Mandiri Periode 2008.01-2011.12. Media Ekonomi, 19(1), 27–52.

Riswandi, D. (2015). Pembiayaan Qardul Hasan di Bank Syariah Mandiri Kota Mataram. Istinbath: Jurnal Hukum Islam IAIN Mataram, 14(2).

Rusydiana, A. S. (2016). Analisis masalah pengembangan perbankan syariah di Indonesia: Aplikasi metode Analytic Network Process. Esensi: Jurnal Bisnis Dan Manajemen, 6(2), 237–246.

Sodiq, A. (2015). Konsep Kesejahteraan dalam Islam. Equilibrium, 3(2), 380–405.

Suci, Y. R. (2017). Perkembangan UMKM (Usaha mikro kecil dan menengah) di Indonesia. Cano Ekonomos, 6(1), 51–58.

Thalib, H., Irwan, M., & Ro’is, I. (2016). Peranan Amil sebagai Pengelola Zakat untuk Kesejahteraan Umat di Kota Bima. IQTISHADIA: Jurnal Ekonomi & Perbankan Syariah, 3(2), 206–290.

Warninda, T. D., Ekaputra, I. A., & Rokhim, R. (2019). Do Mudarabah and Musharakah financing impact Islamic Bank credit risk differently? Research in International Business and Finance, 49, 166–175. https://doi.org/https://doi.org/10.1016/j.ribaf.2019.03.002

Widyastuti, A. (2012). Analisis hubungan antara produktivitas pekerja dan tingkat pendidikan pekerja terhadap kesejahteraan keluarga di Jawa Tengah tahun 2009. Economics Development Analysis Journal, 1(2).

Zainul Arifin, M. B. A. (2012). Dasar-dasar manajemen bank syariah. Pustaka Alvabet.




DOI: 10.24235/amwal.v11i2.5313

Article Metrics

Abstract view : 0 times
PDF - 0 times

Refbacks

  • There are currently no refbacks.


 Al Amwal Indexed by:

          

 

 

This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. Creative Commons Licence
This work is licensed under a Creative Commons Attribution 4.0 International License.-->View My Stats