The Role of Sharia Microfinance Institutions
A Study of BMT Fiqh Regarding Payments by the Faithful
Keywords:
Microfinance, Cooperative, Transactions, Empowerment, ContractAbstract
The growth of Islamic financial institutions in Indonesia has played an increasingly important role in supporting community economic empowerment. One of the institutions contributing to this effort is Baitul Maal wat Tamwil (BMT), which performs both social and economic functions based on Islamic principles. This study aims to analyze the role of BMT Sarana Wiraswasta Muslim (BMT SWM) in Lowokwaru, Malang, in empowering the community's economy from the perspective of fiqh muamalah. This research employs a descriptive qualitative approach through literature review and field observation. The findings indicate that BMT SWM implements the values of fiqh muamalah through various Islamic contracts, including mudharabah, musyarakah, and qardhul hasan, in its financing and empowerment activities. In addition to providing financial support for micro-enterprises, BMT SWM also carries out social functions through the management of zakat, infaq, and sadaqah funds. The presence of BMT SWM has contributed to improving economic independence, reducing dependence on usury-based practices, and promoting fair economic activities in accordance with Islamic values. Therefore, BMT SWM plays a strategic role in fostering sustainable community economic empowerment.
Downloads
References
Bakhri, S., Aunur Rofiq, & Dikril Faizun. (2022). Analisis Faktor – Faktor Penggunaan Aplikasi Mobile Dalam Meningkatkan Jasa Layanan Terhadap Lembaga Keuangan Mikro Syariah. Tasharruf : Journal of Islamic Economics and Business, 3(2), 73–87. https://doi.org/10.55757/tasharruf.v3i2.208 https://repository.uin-malang.ac.id/12797/
Fakhruudin, F., & Pratomo, A. S. (2021). Bank Wakaf Mikro dan Pemberdayaan Usaha Mikro Kecil dan Menengah di Indonesia Perspektif Maqashid Syariah. De Jure: Jurnal Hukum dan Syar’iah, 13(2), 323–336. https://doi.org/10.18860/j-fsh.v13i2.15485 https://repository.uin-malang.ac.id/11074/
Hidayatullah, A. F., & Solekah, N. A. (2024). Pengaruh Kualitas Pelayanan, Citra Perusahaan Dan Ikatan Emosional Terhadap Loyalitas Nasabah Dengan Kepuasan Nasabah Sebagai Variabel Intervening Di Koperasi BMT UGT Nusantara. Journal of Economic, Bussines and Accounting (COSTING), 7(4), 8679–8691. https://repository.uin-malang.ac.id/19839/
Ma’zum, N. D. U., Erlinda, F., & Syaifuddin, H. (2021). Praktik Ekonomi Syariah Dalam Konsep Pemikiran Ziauddin Sardar. Syi`ar Iqtishadi : Journal of Islamic Economics, Finance and Banking, 5(2), 196. https://doi.org/10.35448/jiec.v5i2.10073
Ridwan, M. N. (2021). Pemberdayaan Ekonomi Masyarakat Melalui Pendirian Baitul Maal wa Tamwil Padamulya: Community Economic Empowerment Through Establishment of Baitul Maal wa Tamwil Padamulya. ALMUJTAMAE: Jurnal Pengabdian Masyarakat, 1(3), 142–149. https://doi.org/10.30997/almujtamae.v1i3.2936
Saiful Kalam, M., & Miranti, T. (2023). Implementasi Fungsi Mal Dan Fungsi Tamwil Pada Baitul Mal Wa Tamwil (Studi Kasus BMT UGT Sidogiri Kota Malang). Jurnal Dinamika Ekonomi & Bisnis, 20(2). https://doi.org/10.34001/jdeb.v20i2.4037
Sudjana, K., & Rizkison, R. (2020). Peran Baitul Maal Wat Tamwil (BMT) dalam Mewujudkan Ekonomi Syariah yang Kompetitif. Jurnal Ilmiah Ekonomi Islam, 6(2), 175. https://doi.org/10.29040/jiei.v6i2.1086
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Alief Maulana Robby
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work’s authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
