Value-Based Intermediation: The Islamic Social Capital Perspective in Baitul Maal Wat Tamwil Institutions (BMTIs) in Indonesia

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Author(s): Rahmawati Rahmawati (Syarif Hidayatullah State Islamic University, Jakarta, Indonesia)
Copyright: 2023
Pages: 18
Source title: Strategies and Applications of Islamic Entrepreneurship
Source Author(s)/Editor(s): Ahmad Rafiki (Universitas Medan Area, Indonesia), Alfatih Gessan Pananjung (Bahrain Institute of Banking and Finance, Bahrain)and Muhammad Dharma Tuah Putra Nasution (Universitas Pembangunan Panca Budi, Indonesia)
DOI: 10.4018/978-1-6684-7519-5.ch014

Keywords: Business Science Reference / Entrepreneurship / Religious Studies / Social Sciences & Humanities

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Abstract

This study investigated the implementation of value intermediation by strengthening the Islamic social capital (ISC) information in Indonesia's Baitul Maal Wat Tamwil institution (BMTI) activities. ISC dimensions are considered an intangible resource that reinforces BMTI and plays a crucial role in its development in Indonesia. ISC consisted of four categories: networking, norms, trust, and spirituality. Thus, this chapter aimed to examine the stakeholder's perception of the importance of ISC as value intermediation in Indonesia's BMT. The study found that the respondents perceived ISC as valuable information for decision-making in BMT activities. Additionally, the mean for the importance of spiritual information is higher than that of networking, norms, and trust. The findings of the ANOVA revealed that the perceptions of spiritual, networking, norms, and trust confirmed the significance in the importance perception of the four categories.

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Value-Based Intermediation: The Islamic Social Capital Perspective in Baitul Maal Wat Tamwil Institutions (BMTIs) in Indonesia

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