Profit and Loss Sharing Financing, Performance, and Maslahah of Islamic Microfinance in Indonesia

• Main Authors: Imron Mawardi, Tika Widiastuti
• Format: Article PeerReviewed
• Language: English; Indonesian; English
• Published: Australasian Centre for Research and Development 2016
• Subjects: H Social Sciences; HG Finance
• Online Access: http://repository.unair.ac.id/101288/1/Imron%20Mawardi_Karil%2010_profit%20and%20loss%20sharing.pdf; http://repository.unair.ac.id/101288/2/Imron%20Mawardi_Peer%20Review010.pdf; http://repository.unair.ac.id/101288/3/Imron%20Mawardi_Similarity%20%2010_Profit%20and%20Loss%20Sharing.pdf; http://repository.unair.ac.id/101288/; http://www.ajifb.net.au/index.php/AJIFB/article/view/7
• Institution: Universitas Airlangga

Profit and loss sharing (PLS) financing should be the main operational characteristic of Islamic financial institutions because it more comply to sharia (Islamic law) and more fair (Chapra, 2001:223). But in fact, PLS-financing in Islamic micro-finance (IMF) in Indonesia is very small, which is abou...