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Financial Inclusion Acceleration through Islamic Social Economic Activity

Pipit Pitriyanti

MPRA Paper from University Library of Munich, Germany

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.

Keywords: arisan (social gathering); CSR; Islamic social economy; financial inclusion; social marketing (search for similar items in EconPapers)
JEL-codes: O35 O38 Z12 Z13 (search for similar items in EconPapers)
Date: 2019-12
New Economics Papers: this item is included in nep-fle, nep-isf and nep-ure
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