Abstract:
This article intricately explores the journey of an Islamic cooperative that has transformed
into a remarkable microfinance institution, unraveling the threads of its success. Employing a
comprehensive investigative approach, this study seeks to uncover the underlying factors
driving the cooperative's prosperity in the microfinance sector. Through qualitative research
methods, the research meticulously examines the cooperative's regulatory framework,
stakeholders’ engagement and governance, transparency, and community development
initiatives. By illuminating these pivotal components, this study not only enriches the ongoing
discourse on the effectiveness of microfinance but also provides invaluable insights for
practitioners, policymakers, and researchers working to cultivate sustainable financial
inclusion models within Islamic cooperatives and other contexts.
