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

Abstract

<p><strong>Purpose</strong> - BMT is established as an Islamic micro-finance which gives the loans to the middle-low society. A good financial performance describes a good BMT condition to distribute their own loans. This research is a case study of BMT Binama Semarang City during 2009-2013.</p><p><strong>Method</strong> - The kind of data used are secondary data, monthly financial reports for balance statement, profit and loss, and collectability. The instrument of financial performance was measured based on stable, stable–enough, less-stable, and unstable quality using the variables of capitalizing structure, productive asset quality, liquidity, cost efficiency, capitalizing efficiency, economic rentability, and self-capital rentability. The data were analyzed by using multiple linear regression analyses.</p><p><strong>Result</strong> - The research found that financial performance of BMT in 5 years was stable-enough, caused by losing condition on 2010. The result of multiple linear regression showed that there were only two independent variables which had significant affect, they are: cost efficiency and economic rentability. Economic rentability gives more significant role in financial performance of BMT.</p><p><strong>Implication</strong> - The results showed that the financial performance of BMT Binama Semarang City was quite healthy. This quite healthy condition can be raised to be healthy through efforts to focus improvements on variables that show low scoring, namely cost efficiency and economic profitability.</p><p><strong>Originality</strong> - This study focuses on the financial performance of BMT Binama Semarang City.</p>

Analisis Kinerja Keuangan Untuk Menilai Kesehatan Usaha Koperasi BMT Batik Mataram Di Yogyakarta

“…Definisi menurut Terminologi Pusat Inkubasi Usaha Kecil (PINBUK) bahwa Baitul Maal Wa Tamwil (BMT) merupakan sebuah lembaga penunjang dalam peningkatan kualitas ekonomi usaha mikro wirausaha berdasarkan prinsip Syariah. Secara konseptual, BMT memiliki dua fungsi, yaitu : (1) Baitul Maal atau "rumah harta karun" dengan fungsi social sebagai penunjang dan pengangkut dana zakat, dan (2) Baitul Tanwil atau "rumah pengembangan properti" sebagai pengelola dana zakat untuk memajukan kehidupan (Zahra & Wijayanti, 2019).…”

The Influence of Needs and Trust Factors on Objective Behaviors on BMT

“…5) Of course running a sharia-based savings and loan cooperative the main orientation is profit. (Zahra & Wijayanti, 2019) BMT with its sharia concept is aimed at reaching and serving more business units that are impossible for financial institutions and general banking to reach. The sharia pattern applied by BMT is not only a relationship between financial institutions and their customers, but tends to invite partners to cooperate with sharing risks, including providing assistance in advancing the business.…”