THE BASIC CONCEPT OF BAYT AL-MĀL WA AL-TAMWĪL (BMT) IN DEVELOPING COMMUNITY ECONOMY

  • Ahmad Nurholis IAIN Purwokerto
Keywords: Bayt al-Māl, Bayt al-Tamwīl, developing community economy

Abstract

The beginning of the emergence of Bayt al-Māl wa al-Tamwīl (BMT) was only Bayt al-Māl which had the role of collecting, managing and distributing zakāt, infāq, and ṣadaqah from muzakkī to mustaḥiq. BMT's vision is to realize a professional Islamic financial institution and to improve the quality of worship. The mission is to develop and develop the economic order and structure of a just and prosperous civil society based on Sharia and blessed by Allah. The aim is to develop micro-businesses and small businesses in order to raise the dignity of the poor.

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Author Biography

Ahmad Nurholis, IAIN Purwokerto

Ekonomi Syariah

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Published
2019-05-08
How to Cite
Nurholis, A. (2019). THE BASIC CONCEPT OF BAYT AL-MĀL WA AL-TAMWĪL (BMT) IN DEVELOPING COMMUNITY ECONOMY. Journal of Economicate Studies, 3(1). https://doi.org/10.32506/joes.v1i1.500