The Contribution of Islamic Banks to the Development of MSMEs Following the Implementation of the Islamic Financial Institutions Qanun

Isnaliana Isnaliana (Faculty of Islamic Economics and Business, UIN AR-Raniry Banda Aceh, Indonesia)
Dara Amanatillah (Faculty of Islamic Economics and Business, UIN AR-Raniry Banda Aceh, Indonesia)
Jalilah Jalilah (Faculty of Islamic Economics and Business, UIN AR-Raniry Banda Aceh, Indonesia)
Inayatillah Inayatillah (Faculty of Islamic Economics and Business, UIN AR-Raniry Banda Aceh, Indonesia)

Jurnal Kajian Ekonomi dan Perbankan Syariah
Vol 18, No 1 (2026)

Introduction: The purpose of this research is to compare the contributions of Bank Aceh and BSI in supporting the development of the MSME sector in Banda Aceh city after the enactment of Qanun LKS No. 11 of 2018. Methods: The method used in this research is comparative qualitative with data collection techniques including observation, interviews, and documentation. The subjects of this research are Bank Aceh, BSI, and several MSME actors. Results: The research results show that the contribution of Bank Aceh, in terms of capital, human resource development, and marketing aspects in supporting the development of the MSME sector in Banda Aceh, has been running well and in accordance with the provisions of Qanun Article 5, although it has not fully accommodated all aspects. Additionally, the capital aspect has not met the financing ratio as mandated by Qanun LKS No. 11 of 2018 Article 14. Meanwhile, BSI has exceeded the target ratio for the capital aspect as mandated by the qanun. Conclusion and suggestion: Two other aspects have been running well and are in line with the provisions of Article 5 of the qanun.