The Implementation of Micro Financing in Sharia Commercial Banks in Undertaking Social Intermediary Function
- DOI
- 10.2991/sores-18.2019.30How to use a DOI?
- Keywords
- micro financing; sharia commercial banks; income gap
- Abstract
This research aimed at describing the implementation of microfinance in BUS and the application of intermediary social function of sharia bank. The method used descriptive qualitative approach about the implementation of microfinance in BUS in West Java with library research, documentation, and interviews. The results showed that the implementation of microfinance in BUS was distributed directly to individual customers and MSMEs or through sharia microfinance institutions such as sharia cooperatives. The contract used mudharabah, musyarakah, and murabahah. The finance ceiling was between Rp. 2 million to Rp. 200 million with and or without collateral, and with and without assistance. Based on the distribution of microfinance to customers by using mudharabah contracts for investment or working capital (not consumptive), the objectives, and the targets of customers, the intermediary social function of BUS is adequate good. However, the use of murabahah contracts oriented to bank’s profit and the existence of collateral showed that the intermediary social function of BUS has not been optimal yet.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Neneng Nurhasanah AU - Maman Surahman AU - Nunung Nurhayati PY - 2019/03 DA - 2019/03 TI - The Implementation of Micro Financing in Sharia Commercial Banks in Undertaking Social Intermediary Function BT - Proceedings of the Social and Humaniora Research Symposium (SoRes 2018) PB - Atlantis Press SP - 132 EP - 134 SN - 2352-5398 UR - https://doi.org/10.2991/sores-18.2019.30 DO - 10.2991/sores-18.2019.30 ID - Nurhasanah2019/03 ER -