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Islamic Finance Practices in Micro, Small, and Medium Enterprises in Indonesia: A Systematic Literature Review

Millah: Journal of Religious Studies · Vol. 22 No. 2 (2023) · hlm. 435–464

DOI
10.20885/millah.vol22.iss2.art6
ISSN
2527-922X, 1412-0992
Terbit
2023-08-28
Penerbit
Universitas Islam Indonesia
Bahasa
eng
Lisensi
creativecommons.org/licenses/by-sa/4.0

Abstrak

This study analyzes Islamic finance practices in micro, small, and medium enterprises (MSMEs) in Indonesia from an Islamic economics perspective. This study employed a systematic literature review method following the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA). The main data source was written material that analyzed the impact of Islamic finance practices on MSMEs in Indonesia. The findings demonstrate that Islamic finance practices positively influence the growth of MSMEs in Indonesia. This study indicates that Islamic finance practices have substantial potential for enhancing the well-being of MSMEs in the country. Noteworthy growth factors for MSMEs encompass Islamic business and economic ethics, innovation, and ethical and moral considerations. Islamic finance practices are a promising option for Indonesian MSMEs to enhance their business growth. Therefore, adopting Islamic finance practices can contribute to improving business performance and fostering MSMEs' growth. Future research may involve empirical studies to gain a more comprehensive understanding of Islamic finance practices in Indonesian MSMEs.

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  • University of Sarjanawiyata Tamansiswa
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Rekan penulisOrganisasiArtikel bersama
Prayekti PrayektiUniversity of Sarjanawiyata Tamansiswa1
Nurul ArohmahUniversity of Sarjanawiyata Tamansiswa1

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Sumber metadata: OAI-PMH (metadata jurnal) http://journal.uii.ac.id/Millah/oai, pertama di-harvest 9 Nov 2026, terakhir terlihat 9 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en-US">Islamic Finance Practices in Micro, Small, and Medium Enterprises in Indonesia: A Systematic Literature Review </dc:title>
	<dc:creator>Hartanto, Selamet </dc:creator>
	<dc:creator>Suparyanto, Tri </dc:creator>
	<dc:creator>Azwar</dc:creator>
	<dc:subject xml:lang="en-US">Islamic Finance Practices</dc:subject>
	<dc:subject xml:lang="en-US">Micro, Small, and Medium Enterprises</dc:subject>
	<dc:subject xml:lang="en-US">Systematic Literature Review</dc:subject>
	<dc:description xml:lang="en-US">This study analyzes Islamic finance practices in micro, small, and medium enterprises (MSMEs) in Indonesia from an Islamic economics perspective. This study employed a systematic literature review method following the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA). The main data source was written material that analyzed the impact of Islamic finance practices on MSMEs in Indonesia. The findings demonstrate that Islamic finance practices positively influence the growth of MSMEs in Indonesia. This study indicates that Islamic finance practices have substantial potential for enhancing the well-being of MSMEs in the country. Noteworthy growth factors for MSMEs encompass Islamic business and economic ethics, innovation, and ethical and moral considerations. Islamic finance practices are a promising option for Indonesian MSMEs to enhance their business growth. Therefore, adopting Islamic finance practices can contribute to improving business performance and fostering MSMEs' growth. Future research may involve empirical studies to gain a more comprehensive understanding of Islamic finance practices in Indonesian MSMEs.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Islam Indonesia</dc:publisher>
	<dc:date>2023-08-28</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:format>text/xml</dc:format>
	<dc:identifier>https://journal.uii.ac.id/Millah/article/view/28233</dc:identifier>
	<dc:identifier>10.20885/millah.vol22.iss2.art6</dc:identifier>
	<dc:source xml:lang="en-US">Millah: Journal of Religious Studies; Vol. 22, No. 2, August 2023; 435-464</dc:source>
	<dc:source>2527-922X</dc:source>
	<dc:source>1412-0992</dc:source>
	<dc:source>10.20885/millah.vol22.iss2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uii.ac.id/Millah/article/view/28233/15645</dc:relation>
	<dc:relation>https://journal.uii.ac.id/Millah/article/view/28233/21098</dc:relation>
	<dc:relation>https://journal.uii.ac.id/Millah/article/view/28233/15646</dc:relation>
	<dc:relation>https://journal.uii.ac.id/Millah/article/view/28233/15634</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2023 Selamet  Hartanto, Tri  Suparyanto, Azwar</dc:rights>
	<dc:rights xml:lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</dc:rights>
</oai_dc:dc>