Zaiful Anas Qiblatain
UIN Sunan Kalijaga Yogyakarta

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THE ROLE OF ISLAMIC BANKS IN PROMOTING THE GROWTH OF MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES (MSMEs) IN INDONESIA (A REVIEW OF THE MAQASHID AL-SHARIAH) M. Asri Setiawan; Zaiful Anas Qiblatain
IZZI: Jurnal Ekonomi Islam Vol. 6 No. 2 (2026): IZZI: Jurnal Ekonomi Islam
Publisher : Lembaga Penerbitan, Penelitian, dan Pengabdian kepada Masyarakat (LP3M)  of Institut Badri Mashduqi Probolinggo Jawa timur Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66931/jizzi.v6.i2.353

Abstract

This study aims to analyze the role of Islamic banks in promoting the growth of Micro, Small, and Medium Enterprises (MSMEs) in Indonesia from the perspective of maqashid sharia. This research employs a qualitative descriptive approach using literature review and secondary data analysis obtained from the Financial Services Authority (OJK), Bank Indonesia, and relevant scientific publications from 2018–2023. The results indicate that Islamic bank financing, particularly through murabahah, musyarakah, and mudharabah contracts, significantly contributes to improving MSMEs' access to capital and fostering economic justice. However, challenges remain in terms of low Islamic financial literacy and the dominance of sale-based contracts over profit-sharing schemes. This study is expected to provide academic and practical contributions to the development of Islamic banking oriented toward public welfare.