Implementation of Maqashid Syariah Principles in Islamic Microfinance Practices in Indonesia

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Quantitative analysis shows Islamic microfinance aligns with maqashid syariah, highlighting its role in poverty alleviation.

Islamic microfinance institutions in Indonesia show a high alignment with maqashid syariah principles.
The preservation of wealth and life are identified as key dimensions influencing microfinance practices.
Greater educational and literacy efforts are needed to empower clients for long-term benefits.
IMFIs serve as crucial players in promoting ethical financial inclusion and social welfare.

Muhtadi et al. (2025) studied this question.

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