ACKNOWLEDGEMENT

The fact shows that Indonesian people who are almost 80% moslem are still in back line in terms of economical problem. This results in a question: What is going on? We often talk, discuss, and have debate on Islam economical problems only as a view, while practically, we often neglect those problems.

Islam economy is one of ways to fulfill the needs of someone or a group which is based on: hajat needs, halal, thayyib, fair, and sincere (al-Jawziyyah:14), merit of Allah, wealth and wisdom. The basic of syaria is wisdom and benefit of human in the world and Hereafter.

Islam Economy as a logical consequence from the perfection of Islam must be trusted in kafah way and comprehensive by moslem.

Viewing on the lesson of Islam, that is implementing Islam economical concept in economical activity has proven to be able to save the economy, human being, and able to guide human in a fair justice.

According to Badrun (2007;36) distribute justice is the fair requirement on opportunity and social justice. Therefore, moslems should not do any economical activity which is completely different from Islam lesson.

So, What happens with the banking that has become a part in Indonesia Moslem Economical Activity? In accordance with MUI fatwa on 16 December 2003 that states that bank interest rate practice has become riba (interest), so it is the time for Moslem to move to Islam Bank.

The Sharia Banking asset in East Java towards the common bank is still low. Until December 2007, it still reached 1.33%. While the Sharia Banking Asses towards national is 6.12% (Kompas 20/2/08). Are we in the group of 1.33% in East Java or 6.12% in Indonesia? Hopefully we are, Amien.

As a responsive action and follow up of working program of Aisyiyah Economic Assembly which has been decided by Central Aisyiyah, basically directs to the building of institute that facilitates the economical activities in Aisyiyah members with the aim of moslem economy development, Aisyiyah Economic Assembly, special branch of UMM has owned Sharia Cooperative-legal institution based with one of the units is sharia micro finance institute of Baitul Syirkah Assakinah (BSA).