The social function of IMI’s in the exemption of micro business loans

Sri Herianingrum; Fitri Drasmawita; Ririn Tri Ratnasari; Hanif Fadlillah

The social function of IMI’s in the exemption of micro business loans

Sri Herianingrum, Fitri Drasmawita, Ririn Tri Ratnasari, Hanif Fadlillah

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

Abstract

The aim of this study is to determine the role of IMI institutions in the release of customers from money lenders via qualitative methods. Thus the role of IMI in its financing products has an influence on improving the welfare of people who have financial constraints and can help alleviate people's debts to moneylenders. In conclusion, IMI has succeeded in gathering Islamic social funds in the form zakat, infaq, shadaqoh and waqf (ZISWAQ). These funds are used intensively by IMI to help micro-businesses that experience economic difficulties, especially in the interest of non-stop interest debt.

Original language	English
Pages (from-to)	819-831
Number of pages	13
Journal	Opcion
Volume	35
Issue number	88
Publication status	Published - 2019

Keywords

IMI
Moneylenders
Qardhul Hasan Financing

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

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title = "The social function of IMI{\textquoteright}s in the exemption of micro business loans",

abstract = "The aim of this study is to determine the role of IMI institutions in the release of customers from money lenders via qualitative methods. Thus the role of IMI in its financing products has an influence on improving the welfare of people who have financial constraints and can help alleviate people's debts to moneylenders. In conclusion, IMI has succeeded in gathering Islamic social funds in the form zakat, infaq, shadaqoh and waqf (ZISWAQ). These funds are used intensively by IMI to help micro-businesses that experience economic difficulties, especially in the interest of non-stop interest debt.",

keywords = "IMI, Moneylenders, Qardhul Hasan Financing",

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AU - Herianingrum, Sri

AU - Drasmawita, Fitri

AU - Ratnasari, Ririn Tri

AU - Fadlillah, Hanif

PY - 2019

Y1 - 2019

N2 - The aim of this study is to determine the role of IMI institutions in the release of customers from money lenders via qualitative methods. Thus the role of IMI in its financing products has an influence on improving the welfare of people who have financial constraints and can help alleviate people's debts to moneylenders. In conclusion, IMI has succeeded in gathering Islamic social funds in the form zakat, infaq, shadaqoh and waqf (ZISWAQ). These funds are used intensively by IMI to help micro-businesses that experience economic difficulties, especially in the interest of non-stop interest debt.

AB - The aim of this study is to determine the role of IMI institutions in the release of customers from money lenders via qualitative methods. Thus the role of IMI in its financing products has an influence on improving the welfare of people who have financial constraints and can help alleviate people's debts to moneylenders. In conclusion, IMI has succeeded in gathering Islamic social funds in the form zakat, infaq, shadaqoh and waqf (ZISWAQ). These funds are used intensively by IMI to help micro-businesses that experience economic difficulties, especially in the interest of non-stop interest debt.

KW - IMI

KW - Moneylenders

KW - Qardhul Hasan Financing

UR - http://www.scopus.com/inward/record.url?scp=85068825616&partnerID=8YFLogxK

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VL - 35

SP - 819

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JO - Opcion

JF - Opcion

IS - 88

ER -

The social function of IMI’s in the exemption of micro business loans

Abstract

Keywords

UN SDGs

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