A Review on Islamic Microfinance Literature
Abstract
This research aims to discuss the bibliometric characteristics of Islamic microfinance using the Scopus database. This paper also provides recommendations on potential subjects for further study and development. There were 172 data analyzed through bibliometric analysis using the VOSviewer software, which enables the display of visualized patterns, such as the co-authorship and co-occurrence of keywords. The result indicated that Islamic Microfinance studies are still limited compared to other topics such as Islamic banks. Therefore, the issue can be overcome by developing a special journal, which focuses on Islamic Microfinance. Several topics were outlined based on the identified topic trends in keywords as references that can be developed for future research. These are the role of Islamic Microfinance related to COVID-19, the development of the halal industry in SMEs, and conflict of interest studies in Islamic Microfinance. This study also highlights the literature on Islamic microfinance specifically on the Indonesian context and its potential forthcoming topic to discuss.
References
Abdul Zalim, S. N. (2022). Performance measurement in Islamic microfinance institutions: does it change social norms and values? Qualitative Research in Financial Markets, 14(2), 306–323. https://doi.org/10.1108/QRFM-09-2020-0186
Adnan, M. A., & Ajija, S. R. (2015). The effectiveness of Baitul Maal wat Tamwil in reducing poverty: The case of Indonesian Islamic Microfinance Institution. Humanomics, 31 (2), 160–182. Religious Education.
Akbar, T., & Siti-Nabiha, A. K. (2022). Objectives and measures of performance of Islamic microfinance banks in Indonesia: the stakeholders’ perspectives. ISRA International Journal of Islamic Finance, 14(2), 124–140. https://doi.org/10.1108/IJIF-11-2020-0231
Antonio, M. S. (2008). Islamic microfinance initiatives to enhance small and mediumsized enterprises. In Expressing Islam: Religious Life and Politics in Indonesia (pp. 251–266). Institute of Southeast Asian Studies. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-77953545519&partnerID=40&md5=3391d657663e19a9a69e8b843be15860
Ashraf, A., Hassan, M. K., & III, W. J. H. (2014). Performance of microfinance institutions in Muslim countries. Humanomics, 30(2), 162–182. https://doi.org/10.1108/H-11-2013-0073
Begum, H., Alam, M. R., Ferdous Alam, A. S. A., & Awang, A. H. (2015). Islamic microfinance as an instrument for poverty alleviation. Advanced Science Letters, 21(6), 1708–1711. https://doi.org/10.1166/asl.2015.6123
Biancone, P. Pietro, Saiti, B., Petricean, D., & Chmet, F. (2020). The bibliometric analysis of Islamic banking and finance. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-08-2020-0235
Chen, J., Chang, A. Y., & Bruton, G. D. (2017). Microfinance: Where are we today and where should the research go in the future? International Small Business Journal: Researching Entrepreneurship, 35(7), 793–802. https://doi.org/10.1177/0266242617717380
El-komi, M., & Croson, R. (2013). Experiments in Islamic microfinance. Journal of Economic Behavior and Organization, 95, 252–269. https://doi.org/10.1016/j.jebo.2012.08.009
Fahimnia, B., Sarkis, J., & Davarzani, H. (2015). Green supply chain management: A review and bibliometric analysis. In International Journal of Production Economics (Vol. 162). Elsevier. https://doi.org/10.1016/j.ijpe.2015.01.003
Farrar, S., & Uddin, T. (2020). Building islamic ethics into development: Exploring the role and limitations of “Islamic†microfinance in poverty alleviation—an Indonesian case study. Law and Development Review, 13(2), 371–406. https://doi.org/10.1515/ldr-2020-0047
Fianto, B. A., Gan, C., Hu, B., & Roudaki, J. (2018). Equity Financing and Debt-based Financing: Evidence From Islamic Microfinance Institutions in Indonesia. Pacific-Basin Finance Journal, 52, 163–172. https://doi.org/10.1016/j.pacfin.2017.09.010
Fithria, A., Sholihin, M., Arief, U., & Anindita, A. (2021). Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks. International Journal of Islamic and Middle Eastern Finance and Management, 14(5), 950–966. https://doi.org/10.1108/IMEFM-05-2020-0257
Gutiérrez-Nieto, B., & Serrano-Cinca, C. (2019). 20 years of research in microfinance: An information management approach. International Journal of Information Management, 47(June 2018), 183–197. https://doi.org/10.1016/j.ijinfomgt.2019.01.001
Haleem, A., Khan, M. I., Khan, S., & Jami, A. R. (2020). Research status in Halal: a review and bibliometric analysis. Modern Supply Chain Research and Applications, 2(1), 23–41. https://doi.org/10.1108/mscra-06-2019-0014
Handoko, L. H. (2020). Bibliometric analysis and visualization of Islamic economics and finance articles indexed in Scopus by Indonesian authors. Science Editing, 7(2), 169–176. https://doi.org/10.6087/kcse.213
Haneef, M., Pramanik, A. H., Mohammed, M. O., Amin, B. M. F., & Muhammad, A. D. (2015). Integration of waqf-Islamic microfinance model for poverty reduction: The case of Bangladesh. International Journal of Islamic and Middle Eastern Finance and Management, 8(2), 246–270. https://doi.org/10.1108/IMEFM-03-2014-0029
Hassan, M. K., Alshater, M. M., Hasan, R., & Bhuiyan, A. B. (2021). Islamic microfinance: A bibliometric review. Global Finance Journal, 49, 100651. https://doi.org/10.1016/j.gfj.2021.100651
Ibrahim, S. S., Zainal, N., Daud, D., Noor, A. H. M., & Beik, I. S. (2021). Urgency in Waqf-microfinance project collaboration for socioeconomic growth and the mediating effect of sustainability using PLS-SEM analysis . Estudios de Economia Aplicada, 39(10). https://doi.org/10.25115/eea.v39i10.5569
Kaleem, A., & Ahmed, S. (2010). The quran and poverty alleviation: A theoretical model for charity-based islamic microfinance institutions (MFIS). Nonprofit and Voluntary Sector Quarterly, 39(3), 409–428. https://doi.org/10.1177/0899764009332466
Khairunnisa, S., Muzayanah, I. F. U., & Kasri, R. A. (2019). Impact of islamic microfinance on quality of life: Maqasid Al-Shariah approach. In Challenges of the Global Economy: Some Indonesian Issues (pp. 205–227). Department of Economics, Universitas Indonesia, Depok, Indonesia: Nova Science Publishers, Inc. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85089058485&partnerID=40&md5=24fafb9a52417027c7f1b054082b7cd7
Majid, R. (2021). Designing Salam-Muzara’ah inked Waqf to Financing Agricultural Sector. Journal of Islamic Monetary Economics and Finance, 7(3), 503–526. https://doi.org/10.21098/jimf.v7i3.1309
Mårtensson, P., Fors, U., Wallin, S. B., Zander, U., & Nilsson, G. H. (2016). Evaluating research: A multidisciplinary approach to assessing research practice and quality. Research Policy, 45(3), 593–603. https://doi.org/10.1016/j.respol.2015.11.009
Masyita, D. (2017). Islamic microfinance institutions in Indonesia and the challenges in the supply chain perspectives. International Journal of Supply Chain Management, 6(4), 341–350. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85039989839&partnerID=40&md5=3bd2866432c47e628d0000bce7895f86
Mawardi, I., Widiastuti, T., Sukmaningrum, P. S., & Al Mustofa, M. U. (2019). Optimum financing portfolio of islamic microfinance institutions: Indonesia case. Utopia y Praxis Latinoamericana, 24(Extra5), 268–274. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85077018371&partnerID=40&md5=d57fc8f988149c0c5b68d5c8f2160ef6
Mutamimah, M., Zaenudin, Z., & Bin Mislan Cokrohadisumarto, W. (2022). Risk management practices of Islamic microfinance institutions to improve their financial performance and sustainability: a study on Baitut Tamwil Muhammadiyah, Indonesia. Qualitative Research in Financial Markets, 14(5), 679–696. https://doi.org/10.1108/QRFM-06-2021-0099
Ngadiman, Pambudi, D., Kusuma Wardani, D., & Sabandi, M. (2014). Determinants of accounting information technology adoption in Syaria micro financial institutions. Asian Social Science, 10(14), 93–105. https://doi.org/10.5539/ass.v10n14p93
Oakleaf, J. R., Kennedy, C. M., Baruch-Mordo, S., Gerber, J. S., West, P. C., Johnson, J. A., & Kiesecker, J. (2019). Mapping global development potential for renewable energy, fossil fuels, mining and agriculture sectors. Scientific Data, 6(1), 101. https://doi.org/10.1038/s41597-019-0084-8
Okoli, C. (2015). A Guide to Conducting a Standalone Systematic Literature Review. Communications of the Association for Information Systems, 37(1), 879–910. https://doi.org/10.17705/1CAIS.03743
Prasetyo, I., & Dwianto, R. D. (2018). Economic inclusion of un-bankable micro-scale traders in Indonesian traditional market: Learning from micro-scale traders in Islamic financial co-operative. In H. H. (Ed.), 2018 International Conference Series on Life Cycle Assessment: Life Cycle Assessment as A Metric to Achieve Sustainable Development Goals, ICSoLCA 2018 (Vol. 74). Departement of Sociology, Universitas Indonesia, Jakarta, 16424, Indonesia: EDP Sciences. https://doi.org/10.1051/e3sconf/20187401008
Rahayu, N. S. (2020). The intersection of islamic microfinance and women’s empowerment: A case study of baitul maal wat tamwil in indonesia. International Journal of Financial Studies, 8(2), 1–13. https://doi.org/10.3390/ijfs8020037
Rahim, A. (2010). Islamic Microfinance : An Ethical Alternative to Poverty Alleviation. Humanomics, 26(4), 284–295. https://doi.org/10.1108/08288661011090884
Rahman, R. A., & Dean, F. (2013). Challenges and solutions in Islamic microfinance. Humanomics, 29(4), 293–306. https://doi.org/10.1108/H-06-2012-0013
Rohman, P. S., Fianto, B. A., Shah, S. A. A., Kayani, U. N., Suprayogi, N., & Supriani, I. (2021). A review on literature of Islamic microfinance from 2010-2020: lesson for practicioners and future direction. Heliyon, 7, 1–11.
Rokhman, W., & Abduh, M. (2020). Antecedents of SMEs’ satisfaction and loyalty towards Islamic microfinance: Evidence from Central Java, Indonesia. Journal of Islamic Marketing, 11(6), 1327–1338. https://doi.org/10.1108/JIMA-05-2018-0090
Seibel, H. (2008). Islamic Microfinance in Indonesia: The Challenge of Institutional Diversity, Regulation, and Supervision. Journal of Social Issues in Southeast Asia, 23(1). https://doi.org/10.1353/soj.0.0005
Seibel, H. D. (2013). Islamic microfinance in Indonesia: The challenge of institutional diversity, regulation and supervision. In Shari’a-Compliant Microfinance (pp. 147–169). Development Research Center, Cologne University, Germany: Taylor and Francis. https://doi.org/10.4324/9780203808832
Thaidi, H. A. A., & Rahman, M. F. A. (2022). The Integration of Waqf and Islamic Microfinance in Malaysia: Prospects and Challenges. Islamic Quarterly, 65(2), 277–302. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134690096&partnerID=40&md5=cca27ab27545b4bb0896a631ed899dc5
Trokic, A., Barakovac, E., & Efendic, V. (2020). The Socio-Economic Benefits of Microfinance: Conventional Vs. Islamic. Journal of Islamic Monetary Economics and Finance, 6(1), 95–116. https://doi.org/10.21098/jimf.v6i1.1162
Wahyudi, I. (2014). Commitment and trust in achieving financial goals of strategic alliance: Case in Islamic microfinance. International Journal of Islamic and Middle Eastern Finance and Management, 7(4), 421–442. https://doi.org/10.1108/IMEFM-10-2013-0113
Wahyudi, I. (2015). Realizing knowledge sharing in strategic alliance: Case in islamic microfinance. Humanomics, 31(3), 260–271. https://doi.org/10.1108/H-10-2013-0067
Wanke, P., Hassan, M. K., Azad, M. A. K., Rahman, M. A., & Akther, N. (2022). Application of a distributed verification in Islamic microfinance institutions: a sustainable model. Financial Innovation, 8(1). https://doi.org/10.1186/s40854-022-00384-z
Widiarto, I., & Emrouznejad, A. (2015). Social and financial efficiency of Islamic microfinance institutions: A Data Envelopment Analysis application. Socio-Economic Planning Sciences, 50, 1–17. https://doi.org/10.1016/j.seps.2014.12.001
Wijaya, I. F., Hakim, A. R., Saputro, N., & Mulyadi, M. (2020). Religiosity level and saving decisions in Baitul Maal wat Tamwil: the case of Indonesia. Journal of Islamic Marketing, 11(6), 1465–1483. https://doi.org/10.1108/JIMA-09-2018-0160
Wulandari, P., & Kassim, S. (2016). Issues and challenges in financing the poor: case of Baitul Maal Wa Tamwil in Indonesia. International Journal of Bank Marketing, 34(2), 216–234. https://doi.org/10.1108/IJBM-01-2015-0007
Zaby, S. (2019). Science mapping of the global knowledge base on microfinance: Influential authors and documents, 1989-2019. Sustainability (Switzerland), 11(14). https://doi.org/10.3390/su11143883
Zaki, I., Mawardi, I., Widiastuti, T., Hendratmi, A., & Anova, D. F. (2019). Business network strategy in islamic micro finance institution of islamic boarding school. Humanities and Social Sciences Reviews, 7(4), 276–279. https://doi.org/10.18510/hssr.2019.7435
Zauro, N. A., Saad, R. A. J., Ahmi, A., & Mohd Hussin, M. Y. (2020). Integration of Waqf towards enhancing financial inclusion and socio-economic justice in Nigeria. International Journal of Ethics and Systems, 36(4), 491–505. https://doi.org/10.1108/IJOES-04-2020-0054
Zulkhibri, M. (2016). Financial inclusion, financial inclusion policy and Islamic finance. Macroeconomics and Finance in Emerging Market Economies, 9(3), 1–16. https://doi.org/10.1080/17520843.2016.1173716
Adnan, M. A., & Ajija, S. R. (2015). The effectiveness of Baitul Maal wat Tamwil in reducing poverty: The case of Indonesian Islamic Microfinance Institution. Humanomics, 31 (2), 160–182. Religious Education.
Akbar, T., & Siti-Nabiha, A. K. (2022). Objectives and measures of performance of Islamic microfinance banks in Indonesia: the stakeholders’ perspectives. ISRA International Journal of Islamic Finance, 14(2), 124–140. https://doi.org/10.1108/IJIF-11-2020-0231
Antonio, M. S. (2008). Islamic microfinance initiatives to enhance small and mediumsized enterprises. In Expressing Islam: Religious Life and Politics in Indonesia (pp. 251–266). Institute of Southeast Asian Studies. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-77953545519&partnerID=40&md5=3391d657663e19a9a69e8b843be15860
Ashraf, A., Hassan, M. K., & III, W. J. H. (2014). Performance of microfinance institutions in Muslim countries. Humanomics, 30(2), 162–182. https://doi.org/10.1108/H-11-2013-0073
Begum, H., Alam, M. R., Ferdous Alam, A. S. A., & Awang, A. H. (2015). Islamic microfinance as an instrument for poverty alleviation. Advanced Science Letters, 21(6), 1708–1711. https://doi.org/10.1166/asl.2015.6123
Biancone, P. Pietro, Saiti, B., Petricean, D., & Chmet, F. (2020). The bibliometric analysis of Islamic banking and finance. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-08-2020-0235
Chen, J., Chang, A. Y., & Bruton, G. D. (2017). Microfinance: Where are we today and where should the research go in the future? International Small Business Journal: Researching Entrepreneurship, 35(7), 793–802. https://doi.org/10.1177/0266242617717380
El-komi, M., & Croson, R. (2013). Experiments in Islamic microfinance. Journal of Economic Behavior and Organization, 95, 252–269. https://doi.org/10.1016/j.jebo.2012.08.009
Fahimnia, B., Sarkis, J., & Davarzani, H. (2015). Green supply chain management: A review and bibliometric analysis. In International Journal of Production Economics (Vol. 162). Elsevier. https://doi.org/10.1016/j.ijpe.2015.01.003
Farrar, S., & Uddin, T. (2020). Building islamic ethics into development: Exploring the role and limitations of “Islamic†microfinance in poverty alleviation—an Indonesian case study. Law and Development Review, 13(2), 371–406. https://doi.org/10.1515/ldr-2020-0047
Fianto, B. A., Gan, C., Hu, B., & Roudaki, J. (2018). Equity Financing and Debt-based Financing: Evidence From Islamic Microfinance Institutions in Indonesia. Pacific-Basin Finance Journal, 52, 163–172. https://doi.org/10.1016/j.pacfin.2017.09.010
Fithria, A., Sholihin, M., Arief, U., & Anindita, A. (2021). Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks. International Journal of Islamic and Middle Eastern Finance and Management, 14(5), 950–966. https://doi.org/10.1108/IMEFM-05-2020-0257
Gutiérrez-Nieto, B., & Serrano-Cinca, C. (2019). 20 years of research in microfinance: An information management approach. International Journal of Information Management, 47(June 2018), 183–197. https://doi.org/10.1016/j.ijinfomgt.2019.01.001
Haleem, A., Khan, M. I., Khan, S., & Jami, A. R. (2020). Research status in Halal: a review and bibliometric analysis. Modern Supply Chain Research and Applications, 2(1), 23–41. https://doi.org/10.1108/mscra-06-2019-0014
Handoko, L. H. (2020). Bibliometric analysis and visualization of Islamic economics and finance articles indexed in Scopus by Indonesian authors. Science Editing, 7(2), 169–176. https://doi.org/10.6087/kcse.213
Haneef, M., Pramanik, A. H., Mohammed, M. O., Amin, B. M. F., & Muhammad, A. D. (2015). Integration of waqf-Islamic microfinance model for poverty reduction: The case of Bangladesh. International Journal of Islamic and Middle Eastern Finance and Management, 8(2), 246–270. https://doi.org/10.1108/IMEFM-03-2014-0029
Hassan, M. K., Alshater, M. M., Hasan, R., & Bhuiyan, A. B. (2021). Islamic microfinance: A bibliometric review. Global Finance Journal, 49, 100651. https://doi.org/10.1016/j.gfj.2021.100651
Ibrahim, S. S., Zainal, N., Daud, D., Noor, A. H. M., & Beik, I. S. (2021). Urgency in Waqf-microfinance project collaboration for socioeconomic growth and the mediating effect of sustainability using PLS-SEM analysis . Estudios de Economia Aplicada, 39(10). https://doi.org/10.25115/eea.v39i10.5569
Kaleem, A., & Ahmed, S. (2010). The quran and poverty alleviation: A theoretical model for charity-based islamic microfinance institutions (MFIS). Nonprofit and Voluntary Sector Quarterly, 39(3), 409–428. https://doi.org/10.1177/0899764009332466
Khairunnisa, S., Muzayanah, I. F. U., & Kasri, R. A. (2019). Impact of islamic microfinance on quality of life: Maqasid Al-Shariah approach. In Challenges of the Global Economy: Some Indonesian Issues (pp. 205–227). Department of Economics, Universitas Indonesia, Depok, Indonesia: Nova Science Publishers, Inc. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85089058485&partnerID=40&md5=24fafb9a52417027c7f1b054082b7cd7
Majid, R. (2021). Designing Salam-Muzara’ah inked Waqf to Financing Agricultural Sector. Journal of Islamic Monetary Economics and Finance, 7(3), 503–526. https://doi.org/10.21098/jimf.v7i3.1309
Mårtensson, P., Fors, U., Wallin, S. B., Zander, U., & Nilsson, G. H. (2016). Evaluating research: A multidisciplinary approach to assessing research practice and quality. Research Policy, 45(3), 593–603. https://doi.org/10.1016/j.respol.2015.11.009
Masyita, D. (2017). Islamic microfinance institutions in Indonesia and the challenges in the supply chain perspectives. International Journal of Supply Chain Management, 6(4), 341–350. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85039989839&partnerID=40&md5=3bd2866432c47e628d0000bce7895f86
Mawardi, I., Widiastuti, T., Sukmaningrum, P. S., & Al Mustofa, M. U. (2019). Optimum financing portfolio of islamic microfinance institutions: Indonesia case. Utopia y Praxis Latinoamericana, 24(Extra5), 268–274. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85077018371&partnerID=40&md5=d57fc8f988149c0c5b68d5c8f2160ef6
Mutamimah, M., Zaenudin, Z., & Bin Mislan Cokrohadisumarto, W. (2022). Risk management practices of Islamic microfinance institutions to improve their financial performance and sustainability: a study on Baitut Tamwil Muhammadiyah, Indonesia. Qualitative Research in Financial Markets, 14(5), 679–696. https://doi.org/10.1108/QRFM-06-2021-0099
Ngadiman, Pambudi, D., Kusuma Wardani, D., & Sabandi, M. (2014). Determinants of accounting information technology adoption in Syaria micro financial institutions. Asian Social Science, 10(14), 93–105. https://doi.org/10.5539/ass.v10n14p93
Oakleaf, J. R., Kennedy, C. M., Baruch-Mordo, S., Gerber, J. S., West, P. C., Johnson, J. A., & Kiesecker, J. (2019). Mapping global development potential for renewable energy, fossil fuels, mining and agriculture sectors. Scientific Data, 6(1), 101. https://doi.org/10.1038/s41597-019-0084-8
Okoli, C. (2015). A Guide to Conducting a Standalone Systematic Literature Review. Communications of the Association for Information Systems, 37(1), 879–910. https://doi.org/10.17705/1CAIS.03743
Prasetyo, I., & Dwianto, R. D. (2018). Economic inclusion of un-bankable micro-scale traders in Indonesian traditional market: Learning from micro-scale traders in Islamic financial co-operative. In H. H. (Ed.), 2018 International Conference Series on Life Cycle Assessment: Life Cycle Assessment as A Metric to Achieve Sustainable Development Goals, ICSoLCA 2018 (Vol. 74). Departement of Sociology, Universitas Indonesia, Jakarta, 16424, Indonesia: EDP Sciences. https://doi.org/10.1051/e3sconf/20187401008
Rahayu, N. S. (2020). The intersection of islamic microfinance and women’s empowerment: A case study of baitul maal wat tamwil in indonesia. International Journal of Financial Studies, 8(2), 1–13. https://doi.org/10.3390/ijfs8020037
Rahim, A. (2010). Islamic Microfinance : An Ethical Alternative to Poverty Alleviation. Humanomics, 26(4), 284–295. https://doi.org/10.1108/08288661011090884
Rahman, R. A., & Dean, F. (2013). Challenges and solutions in Islamic microfinance. Humanomics, 29(4), 293–306. https://doi.org/10.1108/H-06-2012-0013
Rohman, P. S., Fianto, B. A., Shah, S. A. A., Kayani, U. N., Suprayogi, N., & Supriani, I. (2021). A review on literature of Islamic microfinance from 2010-2020: lesson for practicioners and future direction. Heliyon, 7, 1–11.
Rokhman, W., & Abduh, M. (2020). Antecedents of SMEs’ satisfaction and loyalty towards Islamic microfinance: Evidence from Central Java, Indonesia. Journal of Islamic Marketing, 11(6), 1327–1338. https://doi.org/10.1108/JIMA-05-2018-0090
Seibel, H. (2008). Islamic Microfinance in Indonesia: The Challenge of Institutional Diversity, Regulation, and Supervision. Journal of Social Issues in Southeast Asia, 23(1). https://doi.org/10.1353/soj.0.0005
Seibel, H. D. (2013). Islamic microfinance in Indonesia: The challenge of institutional diversity, regulation and supervision. In Shari’a-Compliant Microfinance (pp. 147–169). Development Research Center, Cologne University, Germany: Taylor and Francis. https://doi.org/10.4324/9780203808832
Thaidi, H. A. A., & Rahman, M. F. A. (2022). The Integration of Waqf and Islamic Microfinance in Malaysia: Prospects and Challenges. Islamic Quarterly, 65(2), 277–302. Retrieved from https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134690096&partnerID=40&md5=cca27ab27545b4bb0896a631ed899dc5
Trokic, A., Barakovac, E., & Efendic, V. (2020). The Socio-Economic Benefits of Microfinance: Conventional Vs. Islamic. Journal of Islamic Monetary Economics and Finance, 6(1), 95–116. https://doi.org/10.21098/jimf.v6i1.1162
Wahyudi, I. (2014). Commitment and trust in achieving financial goals of strategic alliance: Case in Islamic microfinance. International Journal of Islamic and Middle Eastern Finance and Management, 7(4), 421–442. https://doi.org/10.1108/IMEFM-10-2013-0113
Wahyudi, I. (2015). Realizing knowledge sharing in strategic alliance: Case in islamic microfinance. Humanomics, 31(3), 260–271. https://doi.org/10.1108/H-10-2013-0067
Wanke, P., Hassan, M. K., Azad, M. A. K., Rahman, M. A., & Akther, N. (2022). Application of a distributed verification in Islamic microfinance institutions: a sustainable model. Financial Innovation, 8(1). https://doi.org/10.1186/s40854-022-00384-z
Widiarto, I., & Emrouznejad, A. (2015). Social and financial efficiency of Islamic microfinance institutions: A Data Envelopment Analysis application. Socio-Economic Planning Sciences, 50, 1–17. https://doi.org/10.1016/j.seps.2014.12.001
Wijaya, I. F., Hakim, A. R., Saputro, N., & Mulyadi, M. (2020). Religiosity level and saving decisions in Baitul Maal wat Tamwil: the case of Indonesia. Journal of Islamic Marketing, 11(6), 1465–1483. https://doi.org/10.1108/JIMA-09-2018-0160
Wulandari, P., & Kassim, S. (2016). Issues and challenges in financing the poor: case of Baitul Maal Wa Tamwil in Indonesia. International Journal of Bank Marketing, 34(2), 216–234. https://doi.org/10.1108/IJBM-01-2015-0007
Zaby, S. (2019). Science mapping of the global knowledge base on microfinance: Influential authors and documents, 1989-2019. Sustainability (Switzerland), 11(14). https://doi.org/10.3390/su11143883
Zaki, I., Mawardi, I., Widiastuti, T., Hendratmi, A., & Anova, D. F. (2019). Business network strategy in islamic micro finance institution of islamic boarding school. Humanities and Social Sciences Reviews, 7(4), 276–279. https://doi.org/10.18510/hssr.2019.7435
Zauro, N. A., Saad, R. A. J., Ahmi, A., & Mohd Hussin, M. Y. (2020). Integration of Waqf towards enhancing financial inclusion and socio-economic justice in Nigeria. International Journal of Ethics and Systems, 36(4), 491–505. https://doi.org/10.1108/IJOES-04-2020-0054
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Published
2023-05-31
How to Cite
ULFI, Izzani et al.
A Review on Islamic Microfinance Literature.
JMK (Jurnal Manajemen dan Kewirausahaan), [S.l.], v. 8, n. 2, p. 88-101, may 2023.
ISSN 2656-0771.
Available at: <https://ejournal.uniska-kediri.ac.id/index.php/ManajemenKewirausahaan/article/view/3419>. Date accessed: 21 dec. 2024.
doi: https://doi.org/10.32503/jmk.v8i2.3419.
Issue
Section
Artikel Ilmiah
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
