Alhamdulillah : Jurnal Agama Islam
Vol. 2 No. 02 (2023): Alhamdulillah : Jurnal Agama Islam

Financial Inclusion and Economic Growth: The Role of Islamic Microfinance

Wildan, Wildan Nasri (Unknown)
Alfarizi, Muhammad Alfarizi (Unknown)
Isnaini, Muhammad Isnaini (Unknown)



Article Info

Publish Date
30 Dec 2023

Abstract

Financial inclusion is one of the important elements in driving economic growth, especially in developing countries. In Indonesia, the role of Islamic microfinance is increasingly important in increasing public access to fair and sharia-based financial services. This study aims to analyze the contribution of Islamic microfinance to financial inclusion and its impact on economic growth. In this study, the author explores various models of Islamic microfinance, such as mudharabah, musyarakah, and murabahah-based financing, which can provide access to people who are not covered by the conventional banking system. Using qualitative and quantitative approaches, this study finds that Islamic microfinance not only increases financial inclusion but also has a positive impact on poverty alleviation and community economic empowerment. This study concludes that strengthening the Islamic microfinance sector can be an effective strategy in creating inclusive and sustainable economic growth in Indonesia.

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Journal Info

Abbrev

Islam

Publisher

Subject

Religion Arts Education Languange, Linguistic, Communication & Media Other

Description

Articles that will publishes in the Journal are manuscripts from empirical research (Quantitative or Qualitative Methods), Literature Studies and Library Research which are contribute to the development of general studies of religion and science, especially the themes of integration science and ...