Developing an integrated model of Islamic social finance: toward an effective governance framework

Widiastuti, Tika and Ningsih, Sri and Prasetyo, Ari and Mawardi, Imron and Herianingrum, Sri and Hady, Aufar Fadlul and Robani, Anidah and Al Mustofa, Muhammad Ubaidillah (2022) Developing an integrated model of Islamic social finance: toward an effective governance framework. Heliyon, 8 (9). pp. 1-10. ISSN 2405-8440

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Abstract

This study proposed an integrated model of Islamic Social Finance (ISF) to accelerate the transformation of the poor toward prosperity. This is a qualitative and quantitative approach using grounded theory and the Average Weighted Index (AWI). The integration model of Islamic social finance is implemented through 4 ER (Economic Rescue, Economic Recovery, Economic Reinforcement, and Economic Resilience) by integrating Islamic social finance instruments in a joint project scheme. The additional finding of the empirical investigation shows that integrated Islamic social finance is 12% more effective in enriching the poor than the non-integrated program. This study emphasizes the significance of integrating Islamic social finance in accelerating the well-being of the poor community.

Item Type:	Article
Uncontrolled Keywords:	Islamic social finance, Integration, Transformation, Effective governance, Well being
Divisions:	Institute of Technology Management And Entrepreneurship
Depositing User:	Sabariah Ismail
Date Deposited:	28 Mar 2023 14:17
Last Modified:	28 Mar 2023 14:17
URI:	http://eprints.utem.edu.my/id/eprint/26385
Statistic Details:	View Download Statistic

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