Portrait of MSMEs‘ Islamic Financial Literacy and The Impact on Business Development

MSMEs are part of the supporting aspects country's economy. However, competitiveness in Indonesia towards global economy still tends to be low when compared other ASEAN countries. This is caused by levels education and expertise, difficulties obtaining licensing for MSMEs, lack access capital, infrastructure support. One aspect that should not missed from field expertise level public financial literacy. The purpose this study only analyze classify literacy but also examine impact on development MSMEs. research approach descriptive quantitative with a sample size 1392, obtained using cluster random sampling technique Special Region Yogyakarta (DIY). results show DIY Less Literate. effect business developing had positive significant influence amounted 36.1%. With finding, it expected an input regulators framework planning implementing policies related Islamic