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Financial Inclusion Acceleration through Islamic Social Economic Activity

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  • Pitriyanti, Pipit

Abstract

Financial services are an important condition for public involvement in the economic system, but the fast growing financial industry is not necessarily accompanied by adequate access to finance. This paper states the importance of the role of inclusive finance in the success of the development of a country and how inclusive finance can be achieved by community participation in social economic activities, both individually by utilizing the local wisdom of arisan (social gathering), and organizationally in the form of CSR. Writing is done using descriptive qualitative methods. It can be concluded that arisan and CSR are Islamic social economic activities, both of which can be utilized as a strategy towards financial inclusion.

Suggested Citation

  • Pitriyanti, Pipit, 2019. "Financial Inclusion Acceleration through Islamic Social Economic Activity," MPRA Paper 97854, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:97854
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    References listed on IDEAS

    as
    1. Robison, Lindon J. & Siles, Marcelo E. & Schmid, A. Allan, 2002. "Social Capital And Poverty Reduction: Toward A Mature Paradigm," Agricultural Economic Report Series 10941, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    2. Cynthia G. Jardine, 2003. "Development of a Public Participation and Communication Protocol for Establishing Fish Consumption Advisories," Risk Analysis, John Wiley & Sons, vol. 23(3), pages 461-471, June.
    3. Dann, Stephen, 2010. "Redefining social marketing with contemporary commercial marketing definitions," Journal of Business Research, Elsevier, vol. 63(2), pages 147-153, February.
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    More about this item

    Keywords

    arisan (social gathering); CSR; Islamic social economy; financial inclusion; social marketing;
    All these keywords.

    JEL classification:

    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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