FINANCIAL INCLUSION: A KEY PILLAR OF SUSTAINABLE DEVELOPMENT

Abstract

This article aims to analyze the role of financial inclusion as a foundation in achieving sustainable development, analyze the opportunities and challenges faced and identify policies and measures needed to accelerate financial inclusion as an internal part of global development... Financial inclusion is a condition where every community has access to a variety of safe, quality formal services at an affordable cost according to the needs and abilities of the community in order to improve people's welfare. This article uses a qualitative approach, data collection techniques from this article are taken from literature studies and literature studies which are certainly related to inclusion and sustainable development. The data analysis technique uses descriptive analysis. Based on the results of the research conducted, it shows that financial inclusion is key in promoting sustainable development, especially by providing access to formal and affordable financial services for all people including those with low income, this Islamic financial inclusion must also be in accordance with Islamic principles which prohibit maysir, usury and gharar.