Maintaining Sustainability of Islamic Microfinance With Outreach and Sharia Compliance in Jambi

Abstract

This study analises outreach factor which implemanted financial religiusious prinsip in MFIS. Like insurance, mortage and BMT in Jambi. This study also estimates outreach and sharia complemnet on stakeholder of MFIS. Outcome of this study will be contribution to financial management policy in syaria complement of MFIS. Based on the pattern and concept of the outreach of financial institutions that still use aspects that are contrary to shariah principles in the form of determining interest rates. This happened because of the lack of the concept of range that was formulated in the framework of sharia compliance. So that found mismanagement, dysfunctional and moral hazard in Islamic financial institutions in the past 5 years. Seven of Islamic financial institutions in Yogyakarta, 3 Islamic financial institutions in West Java, the ability to reach prospective customers and members shown by the financial institutions, generate large assets but on the other hand compliance with sharia does not become a standard within the reach of institutions.