Islamic Fintech growth prospects in accelerating MSMEs growth during the Covid-19 Pandemic : evidence in Indonesia
Joint Authors
Iqbal, Muhammad
Nadya, Prameswara Samofa
Saripudin, Saripudin
Source
International Journal of Islamic Economics and Finance Studies
Issue
Vol. 7, Issue 2 (31 Jul. 2021), pp.126-140, 15 p.
Publisher
Centre of Political Economical and Social Research
Publication Date
2021-07-31
Country of Publication
Turkey
No. of Pages
15
Main Subjects
Abstract EN
Islamic fintech plays a role in encouraging the growth of micro, small and medium enterprises (MSMEs) in Indonesia with their financing segments.
The bigger the Islamic fintech, the faster the growth of MSMEs in Indonesia.
This study aims to identify macroeconomic factors such as gross domestic product (GDP), interest rates and inflation in driving the growth of Islamic fintech.
Using the Ordinary Least Squared (OLS) regression method, the results show that GDP and inflation have a positive effect on the growth of Islamic fintech, while interest rates have a negative effect on the growth of Islamic fintech.
Improving macroeconomic conditions will encourage the growth of Islamic fintech which in turn will contribute to the growth of MSMEs, which are the main segment of Islamic fintech financing.
American Psychological Association (APA)
Iqbal, Muhammad& Nadya, Prameswara Samofa& Saripudin, Saripudin. 2021. Islamic Fintech growth prospects in accelerating MSMEs growth during the Covid-19 Pandemic : evidence in Indonesia. International Journal of Islamic Economics and Finance Studies،Vol. 7, no. 2, pp.126-140.
https://search.emarefa.net/detail/BIM-1429610
Modern Language Association (MLA)
Iqbal, Muhammad…[et al.]. Islamic Fintech growth prospects in accelerating MSMEs growth during the Covid-19 Pandemic : evidence in Indonesia. International Journal of Islamic Economics and Finance Studies Vol. 7, no. 2 (Jul. 2021), pp.126-140.
https://search.emarefa.net/detail/BIM-1429610
American Medical Association (AMA)
Iqbal, Muhammad& Nadya, Prameswara Samofa& Saripudin, Saripudin. Islamic Fintech growth prospects in accelerating MSMEs growth during the Covid-19 Pandemic : evidence in Indonesia. International Journal of Islamic Economics and Finance Studies. 2021. Vol. 7, no. 2, pp.126-140.
https://search.emarefa.net/detail/BIM-1429610
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 138-140
Record ID
BIM-1429610