ABIM’S DA’WAH THROUGH ISLAMIC YOUTH CO-OPERATIVE MALAYSIA BERHAD (KBI) 1977-2000

Dakwah ABIM Melalui Koperasi Belia Islam Malaysia Berhad (KBI) 1977-2000

Abstract

Among the aims of ABIM is to awake the Muslim community about Islamic compliance in transaction and to establish an Islamic financial institution for economic development needs of ABIM’s members and Muslims in general. The establishment of the Islamic Youth Cooperative Malaysia Berhad (KBI) by ABIM in 1977 when the idea of Islamic financial system in infancy was the challenging effort of da’wah. Therefore, this article is to discuss the early effort of ABIM in the development of KBI between years 1977 until 2000. The methodology of the study is based on the historical discipline approach that focuses on primary and secondary sources. The primary sources are from original documents at the ABIM Archives Centre and the Office of KBI which are analysed using a combination of secondary sources data and interviews of the leaders involved. The study finds that ABIM’s da’wah through KBI could prevent its members and the Malay community from usury and illegal Muamalat in everyday life. In addition, the KBI could also assist its members in using their own Islamic financial system without relying on any of the existing financial systems in Malaysia. Furthermore, the KBI has opened the way for the establishment of Islamic financial institutions in Malaysia such as Bank Islam.

History, ABIM, da’wah, Islamic Financial system, Islamic Youth cooperatives.