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Islamic Fintech Development Strategy in Indonesia: Analytic Network Process (ANP) Approach Surbakti, Mhd Handika; Nurzaman, Mohamad Soleh
Ekonomi Islam Indonesia Vol. 6 No. 2 (2024): Ekonomi Islam Indonesia
Publisher : SMART Insight

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58968/eii.v6i2.582

Abstract

This study aims to analyze problem priorities, solutions and strategies in the development of Islamic fintech in Indonesia by using Analytical Network Process (ANP) method. The background of this study is the rapid growth of the Islamic fintech industry in Indonesia, but until now the map has not been found in its development. This study involved stakeholders from the government/ regulators, practitioners and academics as the research respondents. The results of this study showed that the problem priorities of Islamic fintech development in Indonesia respectively are Regulation, Literacy, Human Resources (HR) and Capital. While the solution priorities respectively are Literacy, Human Resources (HR), Regulation and Capital. The alternative priorities for the Islamic fintech development strategy in Indonesia respectively are Increasing Literacy, Strengthening Government Support, Improving Quality and Quantity of Human Resources (HR), Expanding Access to Capital and Creating Ecosystems. This study shows that collaborative efforts are needed so that the Islamic fintech industry in Indonesia can develop and be sustainable.
Islamic Fintech as an Alternative to Increase Access to Capital for MSMEs: A Bibliometric Review Hadyantari, Faizatu Almas; Surbakti, Mhd Handika
JURNAL EKONOMI SYARIAH Vol 9, No 2 (2024): Jurnal Ekonomi Syariah
Publisher : Universitas Siliwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37058/jes.v9i2.12933

Abstract

Introduction to The Problem: It is known that MSMEs contribute 60.3 per cent to GDP and can absorb 97 per cent of the workforce in Indonesia, but there are still challenges, one of which is access to capital from financial institutionsPurpose/Objective Study: This study explores the potential and role of Islamic fintech in improving access to finance for Micro, Small and Medium Enterprises (MSMEs) through bibliometric analyzis.Design/Methodology/Approach:This research utilizes bibliometric analysis and keyword searches of “Islam”, “Fintech”, and “SMEs” to develop research results and provide implementation recommendations.Findings: Based on the keywords “Islamic”, “Fintech”, and “SME” obtained through indexed publication literature, the keywords “fintech”, “investment”, and “Islamic-compliant financing” are keywords that have the potential to be studied more deeply. The author recommends the utilisation of Islamic fintech as an alternative access to capital through Islamic Peer-to-peer lending (P2P) and Islamic Security Crowdfunding Finance schemes.Paper Type: Research Article