Faculty of Adab and Cultural Science

The Islamic microfinance is one of the microfinance
institutions (MFI) that has the fastest growth rate among the
MFIs in Central Java, Indonesia. The Islamic microfinance in
Indonesia, which is called Baitul Maal Wattamwil (BMT), is an
important new source for the establishment of micro institutions
and while gaining support from the Islamic community, they have
also rapidly spread the establishment of microfinance institutions.
There are approximately more than 515 institutions spread over
some regencies in Central Java province, Indonesia.