ANALYSIS OF ISLAMIC MONETARY POLICY TRANSMISSION ON BUSINESS SECTOR AND MSME PERFORMANCE

Andri Soemitra (State Islamic University of North Sumatra)
Rifki Ismal (Sekolah Tinggi Ilmu Ekonomi Islam Tazkia Bogor)
Fuadi Fuadi (State Islamic University of North Sumatra)
Haris Al-Amin (State Islamic University of North Sumatra)
Syawal Harianto (State Islamic University of North Sumatra)
Mukhlish Muhammad Nur (State Islamic University of North Sumatra)
Ahmad Fauzul Hakim (Malikussaleh University)

E-Mabis: Jurnal Ekonomi Manajemen dan Bisnis
Vol 22, No 2 (2021): Volume 22, Nomor 2, Oktober 2021

Study aims to analyze the form and impact of monetary policy transmission on the business world and MSMEs. The data used in the analysis related to the topic of the study were taken from various literatures, both from books and journal articles. The data from various sources were then analyzed using a literature review approach. Based on the results of the analysis, it was found that there were several forms of transmission of sharia monetary policy and other results found that transmission of sharia monetary policy had a positive and significant impact on the real and financial sectors in general and in particular had a positive and significant impact on the business world and MSMEs.