November 15, 2025Open Access

Regulatory Model of Baitul Maal Wat Tamwil (Bmt) in the Indonesian Legal System

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Normative legal research examines regulations governing financial institutions, suggesting tailored legal frameworks for Baitul Maal wat Tamwil.

Normative legal research identifies regulatory conflicts facing financial institutions in Indonesia, emphasizing the need for specific legal norms.
Analysis of Baitul Maal wat Tamwil reveals it operates as an independent economic system model based on sharia principles.
Proposed regulations advocate for a unique legal entity for Baitul Maal wat Tamwil to enhance operations as a financial institution.
Study highlights the necessity of government intervention to formulate specific laws regulating Islamic microfinance institutions.

Aminullah et al. (2025) studied this question.

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Normative legal research examines regulations governing financial institutions, suggesting tailored legal frameworks for Baitul Maal wat Tamwil.