Article Sidebar
Downloads
Main Article Content
Abstract
Managers of Islamic financial institutions just confuse the names of sharia cooperatives with BMT such as KJKS/BMT, KPPS/BMT. Thus, the role and function of Islamic financial institutions are inappropriate. The purpose of this article is to analyze the differences between the main functions of sharia cooperatives and BMT with the aim that managers of sharia financial institutions, especially sharia cooperatives, can name their sharia financial institutions according to the roles and functions they carry out. This field research uses primary data obtained through interviews with sharia cooperative managers, customers and Sharia cooperative DPS and observation and documentation, secondary data obtained from articles, books, magazines and other relevant references. The data analysis technique was carried out through analysis of reduction and display and verification and narrated descriptively. The results showed that the merger of the name KSPPS BMT Anduring, namely the merger between sharia cooperatives (KSPPS) and BMT, because the initial funds from this financial institution came from a Padang PEMKO grant of Rp. 30,000,000,- which was intended for BMT capital, so until now the name The BMT is still being used, and this merger of names is not appropriate, because KSPPS BMT Anduring only carries out business functions and does not carry out the social functions of BMT. For this reason, KSPPS BMT Anduring must change the name of its sharia financial institution to KSPPS only or KSPPS Baitul Tamwil Anduring.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).