This study reviews the literature related to Islamic microfinance institutions (IMFI) published in reputable international journals. The manuscripts that have been collected consist of 71 papers that are classified into several study topics. The most researched topic is Poverty alleviation with as many as 25 papers (35%). Next are the papers with the topic of Waqf-based microfinance as many as 12 papers (17%). This follows with 11 papers on the topic of Marketing & Fintech (15%), and 10 papers on the topic of Sustainability & Outreach (14%). Meanwhile, the paper with the theme Maqashid Shariah ranks fifth with a total of 7 papers (10%). Finally, there are 6 papers with the theme of Risk management & Governance (8%). At the end of each topic, the essence of research is presented for future research, which will be useful for academics and practitioners.

Komunitas anti riba adalah kumpulan anggota masyarakat yang kegiatannya menyadarkan umat akan bahaya riba. Sayangnya, komunitas ini belum memiliki lembaga khusus yang dapat memberikan solusi konkret atas permasalahan yang dihadapi anggotanya. BMT berbasis wakaf diharapkan dapat menjadi solusi atas permasalahan yang sering dihadapi anggota komunitas anti riba dalam hal tersedianya pembiayaan yang akadnya terbebas dari akad riba. Selain itu, BMT berbasis wakaf diharapkan dapat memberikan solusi jangka panjang dalam bentuk pembinaan dan pelatihan sehingga anggota komunitas menjadi pribadi yang jujur sekaligus memiliki kemampuan berbisnis. Pada akhirnya, BMT berbasis wakaf akan memberikan nilai manfaat kepada masyarakat pada umumnya melalui program-program pemberdayaan.

This study aims to reveal the development of research on the theme of Islamic microfinance institutions from reputable international journals. This study uses a qualitative approach, namely literature review. The literature search went through a series of stages to ensure that only papers sourced from reputable journals were featured in this study. The results of the study found that there were 181 papers with the theme of Islamic microfinance institutions from international journals indexed by Scopus. The development of research related to Islamic microfinance has increased, especially in the last three years (2019, 2020, 2021). The implication of this research is that this study proves in the literature the important role of Islamic microfinance institutions in alleviating poverty. This is a valuable input for related parties, especially the government, to pay more attention to the infrastructure required by Islamic microfinance institutions.

Bait al-maal wa al-tamwiil is a sharia microfinance concept that only exists in Indonesia. There is a uniqueness in the concept, namely the merging of social activities with commercial activities in one institution. This institution was born along with the birth of Islamic banking in Indonesia. This study collects a number of literatures to describe the architectural map of BMT in Indonesia. Currently BMTs mostly operate under Law no. 25 of 1992 concerning Cooperatives and a few others operate under the Financial Services Authority (OJK) through Law no. 1 of 2013 concerning Microfinance Institutions (MFIs). The DSN MUI fatwa which is the basis for the existence of BMT is the DSN-MUI Fatwa No. 141/DSN-MUI/VIII/2021 concerning Guidelines for the Establishment and Operation of Sharia Cooperatives.

This study aims to examine the management of assets at the Al Muttaqin Foundation LPI for its suitability with maqāṣid syarīah in its measurement using Maslahah Performance (MaP) developed by Ahmad Firdaus (2014). Research related to educational institutions' performance was conducted by Arianti (2014) on the implementation of financial management in private educational institutions. Another study was conducted by Gunanta (2012) using the Balanced Scorecard concept and Firdaus and Prianto (2012) using the Maslahah Scorecard concept. This study's results indicate that, in general, LPI Al Muttaqin has fulfilled asset collection performance based on maqaṣid sharia. This is evidenced by the scores of the six Maṣlahah Performance orientations (MaPs), which are greater than the threshold score for the assessment criteria.