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Digital Transformation Strategy in Islamic Microfinance Cooperatives: A Case Study of Bmt Ugt Nusantara's Innovation Mansyur, Abdussalam; Suyoso Putra, Yuniarti Hidayah
Greenation International Journal of Economics and Accounting Vol. 2 No. 4 (2024): Greenation International Journal of Economics and Accounting (December 2024 - F
Publisher : Greenation Research & Yayasan Global Resarch National

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Abstract

This study examines the implementation of digital transformation strategy at KSPPS BMT UGT Nusantara, which operates 298 service offices across Indonesia. The research aims to analyze the development and implementation process of digital transformation strategy in improving operational efficiency while maintaining Shariah compliance. Employing a qualitative approach with a single case study method, this research integrates Digital Transformation Theory, Technology Acceptance Model, and Institutional Theory as its analytical framework. Data were collected through in-depth interviews with 20 key informants, direct observations, and document analysis during September-December 2024. The findings reveal that successful digital transformation in BMT requires a holistic approach integrating technological aspects, Shariah compliance, and social empowerment. The implementation of digital transformation has resulted in a 45% increase in operational efficiency, 78% growth in digital financing portfolio, and expanded service coverage to underserved areas. This research contributes to the development of a digital transformation model that integrates Islamic values and provides practical recommendations for implementing digital technology in Islamic microfinance institutions.
THE EVOLVING RELATIONSHIP BETWEEN ISLAMIC ECONOMIC THEORY AND FIQH AL-MUAMALAT IN MODERN FINANCIAL SYSTEMS: A COMPREHENSIVE ANALYSIS Mansyur, Abdussalam; Asnawi, Nur; Khasanah, Umrotul; Jakfar Shodiq
An Natiq Vol 5 No 1 (2025)
Publisher : University of Islam Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33474/an-natiq.v5i1.22335

Abstract

This research examines the dynamic relationship between Islamic economic theory and fiqh al-mu'amalat in the context of modern financial systems. Using a systematic literature review method, this study analyzes the development of both disciplines and their interaction in shaping contemporary Islamic financial practices. The results indicate a significant convergence between Islamic economic principles and the interpretation of fiqh al-mu'amalat, especially in responding to modern financial challenges. However, several areas of tension requiring further harmonization were also identified. This study contributes to a more comprehensive understanding of how Islamic theory and legal practice interact in shaping the global Islamic financial landscape, while highlighting opportunities and challenges in developing innovative yet Shariah-compliant Islamic financial products.