Strategi BMT dalam Mempertahankan Eksistensi Lembaga (Studi Kasus: BMT Nagari Pakan Sinayan) BMT Strategy for Maintaining Institutional Existence (Case Study: BMT Nagari Pakan Sinayan)

Crossmark

Article Sidebar

Page Numbers: 5136-5150
Download PDF
Published: Jul 27, 2026
Digital Object Identifier: 10.58578/arzusin.v6i5.11499
Save this to:
Save to Mendeley Download RIS

Article Metrics:
Viewed: 0 times
Downloaded: 0 times
Article can trace at:

Author Fee:
Free Publication Fees for Foreign Researchers (USD 0.00)
Check for article on SINTA:

LYAS Publisher cordially invites qualified professionals to serve as Editors or Reviewers. Your expertise will make an important contribution to maintaining and strengthening the academic quality of our publications. Interested applicants are kindly requested to complete the application form at the following link: Editors & Reviewers

Connected Papers:
Connected Papers


Please feel free to contact us if you need any further information about the submission process or if you have any additional questions.


Authors:
Meisy Andari1*, Aidil Alfin2
Copyright :

Authors retain copyright and grant the journal right of first publication.

Explore Our Journals
Find the journal that best fits your research. If this journal does not match your manuscript’s scope, explore our portfolio below to select a more suitable publication venue.

Main Article Content

Meisy Andari
UIN Sjech M. Djamil Djambek Bukittinggi
Aidil Alfin
UIN Sjech M. Djamil Djambek Bukittinggi

Abstract

The existence of Baitul Maal wat Tamwil (BMT) as an Islamic microfinance institution plays an important role in expanding public access to financing and supporting the economic empowerment of the Muslim community. However, several BMT Agam Madani institutions in Agam Regency have experienced declining performance and have even ceased operations, whereas BMT Agam Madani Pakan Sinayan has remained capable of maintaining its existence. Although the sustainability of BMTs has received attention in several studies, research specifically analyzing institutional survival strategies through a SWOT approach at BMT Agam Madani Pakan Sinayan remains limited. This study aimed to analyze the strategies implemented by BMT Agam Madani Pakan Sinayan to maintain its existence and formulate development strategies based on SWOT analysis. The study employed a qualitative approach with a case study design. Informants were selected through purposive sampling, which was subsequently developed using snowball sampling. Data were collected through semistructured interviews, observation, and documentation and were subsequently analyzed using the interactive model of Miles, Huberman, and Saldaña combined with SWOT analysis. The results showed that the existence of the BMT was maintained through four main strategies: implementing sound management and governance, strengthening cooperation with the nagari government, increasing customer loyalty through high-quality services, and applying prudential principles in financing. The SWOT analysis identified strengths, weaknesses, opportunities, and threats that served as the basis for formulating the institution’s development strategies. These findings confirm that BMT sustainability is determined by sound governance, service quality, institutional partnerships, and prudent financing management. This study contributes to the development of research on the sustainability of Islamic microfinance institutions and provides practical implications for BMT managers and local governments in strengthening governance, optimizing technology utilization, improving service quality, and expanding institutional collaboration.

Keywords:
Share Article:

Citation Metrics:

Scopus

Downloads

Download data is not yet available.

Citation Metrics & Similar Scopus Articles

Citation data unavailable from the configured source
Check Secondary Documents in Scopus
Open this article in Scopus, then check the Secondary documents tab. Use Manual Citation Fallback only for counts you have verified manually.
Open in Scopus
Similar Scopus Articles
Scopus
  1. Edwin E. (2027)
    Inflammation-driven multiorgan Dysfunction: Biomarker-Guided diagnosis, mechanistic insights and emerging precision therapeutic strategies
    Advances in Biomarker Sciences and Technology, 9(1), 1-25
  2. Naemi Z. (2027)
    The Relationship between Second Language Learning Strategies, Learning Engagement, and Writing Skill in the Arabic Writing Curriculum
    Language Related Research, 17(4), 331-360
  3. Shiryazdi R.S. (2027)
    Assessing performances of pattern informatics method variants: a comparative analysis in Zagros, Iran
    Iranian Journal of Geophysics, 20(3), 65-80

Article Details

How to Cite
Andari, M., & Alfin, A. (2026). Strategi BMT dalam Mempertahankan Eksistensi Lembaga (Studi Kasus: BMT Nagari Pakan Sinayan). ARZUSIN, 6(5), 5136-5150. https://doi.org/10.58578/arzusin.v6i5.11499

Creative Commons License
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

References

Abdulloh, A., & Rifa’i, A. (2025). Baitul Mal Wat Tamwil dan Inklusi Keuangan sebagai Solusi Keuangan Masyarakat Marginal. Al-Maqrizi: Jurnal Ekonomi Syariah dan Studi Islam, 3(1), 36–46. https://doi.org/10.32493/amq.v3i1.51223

Arzeqi, M. D., & Mustafidah, W. (2025). Strategic adoption of Sharia fintech for BMT business competitiveness. Academia Open, 10(2). https://doi.org/10.21070/acopen.10.2025.11793

Ascarya, & Masrifah, A. R. (2023). Strategies implementing cash waqf system for Baitul Maal wat Tamwil to improve its commercial and social activities. International Journal of Islamic and Middle Eastern Finance and Management, 16(1), 130–153. https://doi.org/10.1108/IMEFM-10-2020-0504

Ascarya, Sukmana, R., Rahmawati, S., & Masrifah, A. R. (2023). Developing cash waqf models for Baitul Maal wat Tamwil as integrated Islamic social and commercial microfinance. Journal of Islamic Accounting and Business Research, 14(5), 699–717. https://doi.org/10.1108/JIABR-09-2020-0267

Campbell, S., Greenwood, M., Prior, S., Shearer, T., Walkem, K., Young, S., Bywaters, D., & Walker, K. (2020). Purposive sampling: Complex or simple? Research case examples. Journal of Research in Nursing, 25(8), 652–661. https://doi.org/10.1177/1744987120927206

Ginanjar, A., & Kassim, S. (2021). Roles of Islamic microfinance institutions in improving financial inclusion in Indonesia: Empirical evidence from Baitulmaal wa Tamwil. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah, 13(1), 87–108. https://doi.org/10.15408/aiq.v13i1.19842

Gürel, E., & Tat, M. (2017). SWOT analysis: A theoretical review. The Journal of International Social Research, 10(51), 994–1006. https://doi.org/10.17719/jisr.2017.1832

Jan, A. A., Lai, F.-W., & Tahir, M. (2021). Developing an Islamic corporate governance framework to examine sustainability performance in Islamic banks and financial institutions. Journal of Cleaner Production, 315, Article 128099. https://doi.org/10.1016/j.jclepro.2021.128099

Lincoln, Y. S., & Guba, E. G. (2016). The constructivist credo. Routledge. https://doi.org/10.4324/9781315418810

Martiana, A., Kassim, S., & Zakariyah, H. (2024). Risk mitigation strategy for agency problems in micro business financing of Baitul Maal wa Tamwil: A qualitative SWOT analysis. In N. Mansour & L. Bujosa (Eds.), Islamic finance: New trends in law and regulation (pp. 615–626). Springer. https://doi.org/10.1007/978-3-031-48770-5_49

Martiana, A., Panena, Z. C. N., & Fuadi, N. F. Z. (2022). Pro-poor capital assistance: A strategic analysis of Baitul Maal wat Tamwil microfinance. Al-Uqud: Journal of Islamic Economics, 6(1), 1–13. https://doi.org/10.26740/aluqud.v6n1.p1-13

Naheri, Adawiyah, R., & Masse, R. A. (2024). Strategi Pengembangan Baitul Mal Wattamwil sebagai Sumber Pembiayaan Alternatif bagi Usaha Mikro, Kecil, dan Menengah. Journal of Management and Innovation Entrepreneurship, 1(2), 238–247. https://doi.org/10.59407/jmie.v1i2.376

Oktapiansyah, R. (2024). Murabahah financing strategy by BMT in increasing access to Sharia finance. Jurnal Kajian Manajemen Dakwah, 6(2), 97–105. https://doi.org/10.35905/jkmd.v6i2.11481

Palinkas, L. A., Horwitz, S. M., Green, C. A., Wisdom, J. P., Duan, N., & Hoagwood, K. (2015). Purposeful sampling for qualitative data collection and analysis in mixed-method implementation research. Administration and Policy in Mental Health and Mental Health Services Research, 42(5), 533–544. https://doi.org/10.1007/s10488-013-0528-y

Putri, V. A., Putra, I. J., Imamuddin, M., & Elvira, R. (2026). Strategi Bersaing BMT Al Fataya Payakumbuh pada Era Keuangan Digital Syariah dengan Pendekatan SWOT Analisis. Didaktik: Jurnal Ilmiah PGSD STKIP Subang, 12(1), 213–223. https://doi.org/10.36989/didaktik.v12i01.11795

Rohman, P. S., Laila, N., Fianto, B. A., Ascarya, & Rusydiana, A. S. (2024). Optimizing capital management in Baitul Maal wat Tamwil: Issues and approaches. Economica: Jurnal Ekonomi Islam, 15(1), 93–108. https://doi.org/10.21580/economica.2024.15.1.20131

Umam, K., Mafaza, S. A., Ahmad, R. A., & Arif, S. (2024). Cash waqf optimalization of Baitul Maal wat Tamwil in Indonesia: A Business Model Canvas strategy. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah, 16(1), 43–66. https://doi.org/10.15408/aiq.v16i1.35401

Widiastuti, T., Ningsih, S., Prasetyo, A., Mawardi, I., Herianingrum, S., Robani, A., Al Mustofa, M. U., & Hady, A. F. (2022). Developing an integrated model of Islamic social finance: Toward an effective governance framework. Heliyon, 8(9), Article e10383. https://doi.org/10.1016/j.heliyon.2022.e10383