Journal of Islamic Economic Insights
Vol. 1 No. 1 (2025): January 2025

Islamic microfinance: A review of the emerging agricultural market in the ASEAN market

Dimvy Rusefani Asetya (Jember University)



Article Info

Publish Date
15 Jan 2025

Abstract

Islamic microfinance presents a burgeoning opportunity to address financial exclusion among millions of impoverished Muslims by providing financial services. This paper explores the intersection of Islamic microfinance with the agricultural market in the ASEAN region, where smallholder farmers constitute a significant demographic. While the potential of Islamic microfinance to empower farmers and promote sustainable practices is acknowledged, there remains a gap in understanding its tailored implementation and impact within the ASEAN agricultural context. By synthesizing existing literature, this review underscores the need for further research to elucidate the specific mechanisms, challenges, and impacts of Islamic microfinance in supporting agricultural development and poverty alleviation in ASEAN countries.

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Journal Info

Abbrev

JIEI

Publisher

Subject

Description

Journal of Islamic Economic Insights (JIEI) is a peer-reviewed academic journal dedicated to publishing high-quality scholarly research in the fields of Islamic economics, Islamic finance, halal business, socio-economic development, and related areas of economics, business, management, and public ...