Islamic microfinance branchless banking model in Indonesia

ICT has been recently developed into a digital sustainable collaborative networking (DCN) platform, and it is expected to be capable of demonstrating the building of social and economic welfare, particularly in crafting innovations to facilitate marginal society.This research attempts to develop an...

Full description

Bibliographic Details
Main Authors:	Santoso, Bedjo, Mohd Israil, Khaliq Ahmad
Format:	Article
Language:	English English
Published:	IIUM Institute of Islamic Banking and Finance (IIiBF). 2016
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/56039/ http://irep.iium.edu.my/56039/ http://irep.iium.edu.my/56039/1/Intellectual%20Discourse-Bedjo-Khaliq.pdf http://irep.iium.edu.my/56039/7/56039_Islamic%20Microfinance_SCOPUS.pdf

id	iium-56039
recordtype	eprints
spelling	iium-560392018-05-21T05:25:57Z http://irep.iium.edu.my/56039/ Islamic microfinance branchless banking model in Indonesia Santoso, Bedjo Mohd Israil, Khaliq Ahmad HG1501 Banking ICT has been recently developed into a digital sustainable collaborative networking (DCN) platform, and it is expected to be capable of demonstrating the building of social and economic welfare, particularly in crafting innovations to facilitate marginal society.This research attempts to develop an innovative platform of an empirical ICT application a branchless banking form based on ICT Model. The application of Branchless banking model is expected to address the poverty problem which is significantly high in Indonesia. Indonesia is known for it’s heterogeneous values in terms of its areas, ethics, traditions, customs, communities, and local wisdom. The newly introduced application of a mobile payment system is parallel to the vision, and mission upheld by the government. Currently, most literature and practices are just partial. The community model based on Islamic microfinance and Cooperatives is neglected. Therefore, this research aims to design branchless banking in terms of financial inclusion involving Islamic microfinance and Cooperatives. Furthermore, this paper also attempts to test to what extent the proposed model is viable in the current system. This study employs a qualitative approach by conducting an interview with the stakeholders and a deductive method is used to explore and design the proposed model. The finding exhibit that branchless banking based on an Islamic microfinance and a Cooperative model is more flexible and easily acceptable while crafting a deal with Indonesian. In addition, the proposed model is viable in the current system. By implementing this model, the economy can be strengthened toward national unity and a welfare state. IIUM Institute of Islamic Banking and Finance (IIiBF). 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/56039/1/Intellectual%20Discourse-Bedjo-Khaliq.pdf application/pdf en http://irep.iium.edu.my/56039/7/56039_Islamic%20Microfinance_SCOPUS.pdf Santoso, Bedjo and Mohd Israil, Khaliq Ahmad (2016) Islamic microfinance branchless banking model in Indonesia. Intellectual Discourse, 24. pp. 409-433. ISSN 0128-4878 E-ISSN 2289-5639 http://journals.iium.edu.my/intdiscourse/index.php/islam/article/view/927
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG1501 Banking
spellingShingle	HG1501 Banking Santoso, Bedjo Mohd Israil, Khaliq Ahmad Islamic microfinance branchless banking model in Indonesia
description	ICT has been recently developed into a digital sustainable collaborative networking (DCN) platform, and it is expected to be capable of demonstrating the building of social and economic welfare, particularly in crafting innovations to facilitate marginal society.This research attempts to develop an innovative platform of an empirical ICT application a branchless banking form based on ICT Model. The application of Branchless banking model is expected to address the poverty problem which is significantly high in Indonesia. Indonesia is known for it’s heterogeneous values in terms of its areas, ethics, traditions, customs, communities, and local wisdom. The newly introduced application of a mobile payment system is parallel to the vision, and mission upheld by the government. Currently, most literature and practices are just partial. The community model based on Islamic microfinance and Cooperatives is neglected. Therefore, this research aims to design branchless banking in terms of financial inclusion involving Islamic microfinance and Cooperatives. Furthermore, this paper also attempts to test to what extent the proposed model is viable in the current system. This study employs a qualitative approach by conducting an interview with the stakeholders and a deductive method is used to explore and design the proposed model. The finding exhibit that branchless banking based on an Islamic microfinance and a Cooperative model is more flexible and easily acceptable while crafting a deal with Indonesian. In addition, the proposed model is viable in the current system. By implementing this model, the economy can be strengthened toward national unity and a welfare state.
format	Article
author	Santoso, Bedjo Mohd Israil, Khaliq Ahmad
author_facet	Santoso, Bedjo Mohd Israil, Khaliq Ahmad
author_sort	Santoso, Bedjo
title	Islamic microfinance branchless banking model in Indonesia
title_short	Islamic microfinance branchless banking model in Indonesia
title_full	Islamic microfinance branchless banking model in Indonesia
title_fullStr	Islamic microfinance branchless banking model in Indonesia
title_full_unstemmed	Islamic microfinance branchless banking model in Indonesia
title_sort	islamic microfinance branchless banking model in indonesia
publisher	IIUM Institute of Islamic Banking and Finance (IIiBF).
publishDate	2016
url	http://irep.iium.edu.my/56039/ http://irep.iium.edu.my/56039/ http://irep.iium.edu.my/56039/1/Intellectual%20Discourse-Bedjo-Khaliq.pdf http://irep.iium.edu.my/56039/7/56039_Islamic%20Microfinance_SCOPUS.pdf
first_indexed	2023-09-18T21:19:04Z
last_indexed	2023-09-18T21:19:04Z
_version_	1777411759579070464

Islamic microfinance branchless banking model in Indonesia

Similar Items