Journal of Finance and Islamic Banking
Vol. 3 No. 2 (2020)

Performance Analysis of Islamic Micro Finance Institutions on Sustainable Rural Development in Indonesia

Aan Zainul Anwar (Universitas Islam Nahdlatul Ulama (Unisnu) Jepara)
Edi Susilo (Universitas Islam Nahdlatul Ulama (Unisnu) Jepara)
Fatchur Rohman (Universitas Islam Nahdlatul Ulama (Unisnu) Jepara)
Purbayu Budi Santoso (Universitas Diponegoro)
Edy Yusuf Agung Gunanto (Universitas Diponegoro)
Darwanto Darwanto (Universitas Diponegoro)



Article Info

Publish Date
04 Aug 2021

Abstract

This study aims to analyze the influence of the performance of Islamic microfinance institutions (MFIs) in strengthening the agricultural and fisheries sector to realize sustainable rural development. The study uses quantitative method and purposive sampling method. The sample of this study was 85 agricultural and fishery business actors in Central Java, Indonesia. The variable quality of service, accessibility and philanthropic characteristics of Islamic MFIs towards sustainable rural development which mediated by strengthening of the agricultural and fisheries sector. The urgency of this research is to establish a financing model for the agriculture and fisheries sector. This study uses primary data which collected through filling out the questionnaires by business actors in the agriculture and fisheries sector. The results showed that 1) the service quality of Islamic MFIs had no impact on strengthening the agricultural and fisheries sector 2) accessibility of Islamic MFIs had a positive impact on strengthening the agricultural and fisheries sector 3) philanthropic characteristics had a positive impact on strengthening the agricultural and fisheries sector 4) strengthening the agriculture and fisheries sector has a positive impact on sustainable rural development. This research can be used as a model for channeling customer funds to finance Islamic MFIs 

Copyrights © 2020






Journal Info

Abbrev

jfib

Publisher

Subject

Religion Economics, Econometrics & Finance Social Sciences

Description

Journal of Finance and Islamic Banking is a peer reviewed journal that is published by the Sharia Banking Department of UIN Raden Mas Said Surakarta in collaboration with the scholars association Ikatan Ahli Ekonomi Islam, published biannually in June and December. This journal publishes current, ...