A Study of Strengths and Weaknesses of Islamic Cooperatives in Thailand

Islamic cooperative includes savings and financial services for helping to grassroots level of financial institutions and enterprise community. It helps labor classes, farmers and small economic groups and to promote development of economy and society of the country. The country like Thailand, there is 7 % population are Muslims and majority are in living in southern part of the country and there are restrictions to use of financial services according to Islamic principles. This study analyses the strengths and weaknesses of the guidelines for the operations and to guide the development and strengthen the joint investments to reduce risks that are outside of the principle of Islam and creates policies to develop correct system based on Islamic financial principles. Through SWOT analysis, to better understand the operation, development, and implementation errors and the Islamic financial transactions this can help the economy of the Muslims and develop large financial institutions in the future.