Analysis Problem of Baitul Maal Wat Tamwil (BMT) Operation in Pekanbaru Indonesia Using Analytical Network Process (ANP) Approach

Abstract

BMT is a financial institution which is sought after by small entrepreneurs for financing their business operations. This institution provides finance to help small entrepreneurs who cannot access finance from the larger banking sector. In addition, the existence of BMTs is a blessing for the lower income group in society, keeping them away from illegal money lenders who burden them with much higher interest rates. Since its appearance in 1992, the BMT has been receiving positive responses from all sections of society in Indonesia. Many people take advantage of these opportunities which are available through the setting up of a BMT institution; however, many of them failed and ended up bankrupt. It is because they faced many problems in their operations. Therefore, this research selected BMT in Pekanbaru as a case study in order to analyze the problems faced by BMT whether these problems due to internal or external factors. In this regard, the study employs the method of Analytic Network Process (ANP). The data used are primary data obtained from interviews (depth interview) with academicians, practitioners, and regulators, who have an understanding of the subject matter covered. This paper concluded that the internal problems of lacking quality of Human resource become a major problem to be resolved through training and education. While externally, the major problem that must be immediately to resolve is the absence of specific regulation governing BMT.

Antecedent financial performance of Baitul Mal wat Tamwil (BMT): Study in BMT Binama Semarang

“…Research on the problems faced by BMT in its operations was carried out by Hamzah, et al (2013). The results of this study indicate that internal factors are caused by a lack of quality human resources, while external factors are caused by the absence of specific regulations from the government on BMT.…”

Parse Problems in the Application of Accounting Based Imfi Grameen

“…Financing problems stems from errors , 2018) Operational projection error factor proved to be quite prominent in the troubled liquidity Islamic microfinance institutions (IMFI) based Grameen (Sakti, 2013). Factors honesty of customers and partners work Islamic microfinance institutions (IMFI) based Grameen has also become one of the obstacles, particularly on products for results-based financing; such as mudaraba financing and Musharaka (Hamzah et al, 2013).…”

Dekomposisi Permasalahan Dan Solusi Kebijakan Pengembangan LKMS Berbasis Grameen

“…Penelitian Sakti (2013) dan Soetrisno (2005) juga salah satunya menyimpulkan bahwa kendala yang juga cukup menonjol dihadapi pengurus lembaga keuangan mikro syariah (LKMS) berbasis grameen adalah masalah kompetensi SDM 20 . Selain itu, masalah internal lainnya yang dihadapi oleh lembaga keuangan mikro syariah (LKMS) berbasis grameen adalah kurangnya kemampuan manajerial (Soetrisno, 2005), kurangnya fasilitas TI, dan kurangnya inovasi produk (Hamzah, 2013).…”

“…Nama Elemen Literatur 1 Regulasi Pembatasan Persaingan (Lintas LK) Jansson et al, 2004, Masyita & Ahmed, 2011, Sakti, 2011, Karsidi et al, 2011, 2 Regulasi Penunjang Hamzah et al 2013, Seibel & Agung, 2008, Imaniyati, 2004, Hascaryani et al, 2011, Sakti, 2011, 3 Standar Operasional Sakti, 2011, Karsidi, 2011, Mustamir & Mawardi, 2006, Kholim, 2004, Seibel & Agung, 2008 Mawardi, 2006) 12 standar Pendampingan dan Pembinaan Nasabah Kholim (2004), dan Karsidi (2011) 13 Standar Kepatuhan Syariah Kholim (2004), dan Karsidi (2011) 14 Bantuan Permodalan (Sakti, 2011) (Soetrisno, 2005) 15 Bantuan Pengembangan IT (Hamzah, 2013) (Karsidi, 2011) 16 Pembinaan Managerial dan Pengembangan SDM (Hamzah, 2013) (Soetrisno, 2005) 3.…”