Baitul Maal wat-Tamwil’s Financing Model to Support Micro Small and Medium Enterprises

Authors

  • Moh Hamilunni'am Universitas Indonesia
  • Nur Fatwa Universitas Indonesia

Keywords:

Baitul Maal wat-Tamwil ; Financing Model; MSM Enterprises

Abstract

This paper discusses Indonesian Baitul Maal wat-Tamwil product innovations. BMT is still seen as exclusive, especially for micro, small, and medium enterprises. BMT still lacks dissemination. Its products also resemble banks'. Thus, it affects public perception of banking's equality with BMT. BMT is more complicated and easier than banking. BMT is everywhere but rarely used. Thus, MSME financing needs innovation. BMT's financing products should be promoted through new innovations and increased dissemination. Thus, banking products will differ from non-bank financial products in the future. Qualitative, descriptive-analytic, data-source-adapted data collection is used in this study. Interviews and observations collected data. Literature studies provided secondary data. After revising, reducing, analyzing, and presenting the data, conclusions and research results were written. This study found that BMT's Mudharabah Empowerment Card (MEC) can solve MSMEs' non-bank financial institution financing problems.

Downloads

Download data is not yet available.

References

Anggraeni, L., Puspitasari, H., El Ayyubi, S., & Wiliasih, R. (2013). Akses UMKM terhadap pembiayaan Mikro Syariah dan Dampaknya terhadap Perkembangan Usaha: Kasus BMT Tadbiirul Ummah, Kabupaten Bogor. Al-Muzara’ah, 1(1), 56–67.
Azis, A. (2004). Buku Pedoman Pendirian BMT. PINBUK.
Darmalaksana, W. (2020). Metode Penelitian Kualitatif Studi Pustaka dan Studi Lapangan. Pre-Print Digital Library UIN Sunan Gunung Djati Bandung, 5.
Dewi, E. K., & Astari, A. (2018). Peran Pembiayaan mudharabah dalam Pengembangan Kinerja Usaha Mikro pada BMT(Baitul Maal wat Tamwil). Law and Justice, 2(2), 113–123.
Hadinata, I. L. (2011). Efektivitas Pendampingan Usaha Mikro dalam Peningkatan Return pada Pembiayaan Mudharabah: Studi pada BMT Ta’awun.
Hasanah, H. (2017). Teknik-Teknik Observasi (Sebuah Alternatif Metode Pengumpulan Data Kualitatif Ilmu-Ilmu Sosial). At-Taqaddum, 8(1), 21–46.
Hidayat, S. (2018). Persepsi Masyarakat Terhadap Baitul Maal wat Tamwil (BMT) dalam Pemberdayaan Ekonomi Masyarakat. Al-Uqud: Journal of Islamic Economics, 2(2), 198–212.
Husaeni, U. A., & Dewi, T. K. (2019). Pengaruh Pembiayaan Mikro Syariah Terhadap Tingkat Perkembangan Usaha Mikro Kecil Menengah (UMKM) pada Anggota BMT di Jawa Barat. BJRM (Bongaya Journal of Research in Management), 2(1), 48–56.
Jazuli, S. (2016). Analisis SWOT Strategi Pemasaran Produk Pembiayaan pada BMT El–Syifa Ciganjur. Fakultas Dakwah dan Ilmu Komunikasi.
Masyithoh, N. D. (2014). Analisis Normatif Undang-Undang No. 1 Tahun 2013 Tentang Lembaga Keuangan Mikro (LKM) Atas Status Badan Hukum Dan Pengawasan Baitul Maal Wat Tamwil (BMT). Economica: Jurnal Ekonomi Islam, 5(2), 17–36.
Musdiana, R. N., & Herianingrum, S. (2015). Efektivitas Pembiayaan Mudharabah dalam Meningkatkan Kinerja UMKM (Studi Kasus pada BMT Nurul Jannah Gresik). Jurnal Ekonomi Bisnis Islam (JEBIS), 1(1).
ojk.go.id. (2017). Roadmap Pengembangan Keuangan Syariah Indonesia 2017-2019. https://www.ojk.go.id/id/kanal/syariah/berita-dan-kegiatan/publikasi/Pages/Roadmap-Pengembangan-Keuangan-Syariah-Indonesia-2017-2019.aspx
Ojk.go.id. (2023). Laporan Perkembangan Keuangan Syariah Indonesia (LPKSI). https://www.ojk.go.id/id/kanal/syariah/data-dan-statistik/laporan-perkembangan-keuangan-syariah-indonesia/Default.aspx
Permana, S. H., & Adhiem, M. A. (2020). Strategi Pengembangan Baitul Mal Wattamwil Sebagai Sumber Pembiayaan Alternatif Bagi Usaha Mikro, Kecil, dan Menengah. Kajian, 24(2), 103–112.
pinbuk.id. (2023). Pusat Inkubasi Bisnis Usaha Kecil. http://pinbuk.id/
republika.co.id. (2023a). Baitul Mal Wa Tamwil (BMT) dan Pertumbuhan Ekonomi Sektor Riil. https://retizen.republika.co.id/posts/213413/baitul-mal-wa-tamwil-bmt-dan-pertumbuhan-ekonomi-sektor-riil
republika.co.id. (2023b). Peran Baitul Mal Wa Tamwil (BMT): Dalam Meningkatkan Pertumbuhan Ekonomi Nasional Dan UMKM. https://retizen.republika.co.id/posts/213381/peran-baitul-mal-wa-tamwil-bmt-dalam-meningkatkan-pertumbuhan-ekonomi-nasional-dan-umkm
Rindi, T. O. (2022). Analisis Penerapan Multi Akad Musyarakah Mutanaqisah pada Produk BSI Griya Simuda dalam Perspektif Fatwa Dewan Syariah Nasional MUI NO. 73/DSN MUI/XI/2008 (Studi Pada Bank Syariah Indonesia KCP Bandar Lampung Kedaton). UIN RADEN INTAN LAMPUNG.
Sihotang, M. K. (2021). Pengaruh Pembiayaan Murabahah Terhadap Pendapatan UMKM pada BMT Amanah Ray. Prosiding Seminar Nasional Kewirausahaan, 2(1), 1220–1229.
Sugianto, S. (2022). Pengembangan Baitul Maal Wat-Tamwil untuk Pemberdayaan Ekonomi Umat. Jurnal Pendidikan Dan Konseling (JPDK), 4(4), 2177–2183.

Downloads

Published

2023-05-15

How to Cite

Hamilunni’am, M., & Fatwa, N. (2023). Baitul Maal wat-Tamwil’s Financing Model to Support Micro Small and Medium Enterprises. AL-MANHAJ: Jurnal Hukum Dan Pranata Sosial Islam, 5(1), 705–714. Retrieved from https://ejournal.insuriponorogo.ac.id/index.php/almanhaj/article/view/2683

Issue

Vol. 5 No. 1 (2023)

Section

Articles

License

Copyright:

An author who publishes in Al-Manhaj agrees to the following terms:
  • Author retains the copyright and grants the journal the right of first publication of the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  • Author is able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book) with the acknowledgment of its initial publication in this journal.
  • Author is permitted and encouraged to post his/her work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of the published work (See The Effect of Open Access).

License:

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

You are free to:

  • Share — copy and redistribute the material in any medium or format
  • Adapt — remix, transform, and build upon the material for any purpose, even commercially.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.