THE ROLE OF ISLAMIC MICROFINANCE INSTITUTIONS TOWARDS THE DEVELOPMENT HALAL INDUSTRY IN SUMENEP REGENCY
Abstract
Sharia Microfinance Institutions are one of the sectors that must promote the growth of the halal business in Indonesia, particularly in Sumenep Regency. Using descriptive qualitative research methodologies, this study seeks to ascertain the contribution of Islamic microfinance institutions to the growth of the halal industry in Sumenep Regency. The data used are primary data and secondary data obtained by means of interviews, observation, and documentation. The results of the study indicate that the role provided by Sharia Microfinance Institutions is in the form of financing, halal certificate assistance, marketing facilities, and making payment media (QRIS). The existence of this role has a very positive impact on the growth and marketing of the halal industry. This study suggests that Sharia Microfinance Institutions improve and expand services to business actors. In addition, collaboration between Sharia Financial Institutions, the Government, and the community is needed in strengthening the halal industry in Sumenep.
Keywords : Halal Industry, Sharia Microfinance Institutions, Sumenep Regency
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DOI: https://doi.org/10.21107/aciel.v3i1.555
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