BAITUL MAAL WAT TAMWIL DIPANDANG DARI SUDUT AGAMA, SERTA SEJARAH BERDIRINYA DI INDONESIA
Islamic banking hasnâ€™t been able to touch the micro and small enterprises (MSEs) from street vendors to merchants in the traditional market which is usually referred as the grassroots economy. Driven by a sense of deep concern to many poor people are trapped by moneylenders and also in order to provide an alternative for those to expand its business but canâ€™t be directly to related Islamic banking ( BMI and BPRS ) because the business itâ€™s relatively small and micro, then in 1992 a small financial institutions that operate and use a combination of concepts Baitul Maal and Baitul Tamwil as the target and the scale on the micro business sector. The institutions "ventured" named Baitul Maal Wat Tamwil abbreviated BMT.
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