Alternative model for financing micro enterprises in Malaysia

The contributions of micro enterprises (MEs) in Malaysia can be measured in terms of some inter-related issues: economic, social and political. Despite these recognized importance and the largest contributor to SMEs - the micro enterprises have hardly considerable financing assistance. MEs are consi...

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Main Authors:	Mohd Thas Thaker, Mohamed Asmy, Mohammed, Mustafa Omar, Duasa, Jarita, Abdullah, Moha Asri
Format:	Conference or Workshop Item
Language:	English English
Published:	2014
Subjects:	HG Finance
Online Access:	http://irep.iium.edu.my/39858/ http://irep.iium.edu.my/39858/ http://irep.iium.edu.my/39858/2/20131022103311642.pdf http://irep.iium.edu.my/39858/3/Mohamed_Asmy_et.al_%282013%29_ISBSS.pdf

id	iium-39858
recordtype	eprints
spelling	iium-398582019-09-05T03:27:14Z http://irep.iium.edu.my/39858/ Alternative model for financing micro enterprises in Malaysia Mohd Thas Thaker, Mohamed Asmy Mohammed, Mustafa Omar Duasa, Jarita Abdullah, Moha Asri HG Finance The contributions of micro enterprises (MEs) in Malaysia can be measured in terms of some inter-related issues: economic, social and political. Despite these recognized importance and the largest contributor to SMEs - the micro enterprises have hardly considerable financing assistance. MEs are considered as risky business and strict loan conditions have been imposed on them such as strict collateral requirement, high cost of financing, strict documentation requirement and good business track record. Unfortunately, most of them cannot fulfil these conditions and continue to face the problem of accessing finance. Thus, the present study has used content analysis to critically survey the literature on the subject. This study aims to propose an Integrated Cash Waqf Micro Enterprise Investment (ICWME-I) Model as a solution to overcome MEs’ financial constraints and enhance their activities that contribute to the national income. The study concludes with some suggestions for future research. 2014 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/39858/2/20131022103311642.pdf application/pdf en http://irep.iium.edu.my/39858/3/Mohamed_Asmy_et.al_%282013%29_ISBSS.pdf Mohd Thas Thaker, Mohamed Asmy and Mohammed, Mustafa Omar and Duasa, Jarita and Abdullah, Moha Asri (2014) Alternative model for financing micro enterprises in Malaysia. In: 2nd International Symposium on Business and Social Sciences 2014, 6th-8th Nov. 2014, RIHGA Royal Hotel Osaka. Osaka, Japan. (Unpublished) http://www.isbss.org/Index.asp?id=5
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG Finance
spellingShingle	HG Finance Mohd Thas Thaker, Mohamed Asmy Mohammed, Mustafa Omar Duasa, Jarita Abdullah, Moha Asri Alternative model for financing micro enterprises in Malaysia
description	The contributions of micro enterprises (MEs) in Malaysia can be measured in terms of some inter-related issues: economic, social and political. Despite these recognized importance and the largest contributor to SMEs - the micro enterprises have hardly considerable financing assistance. MEs are considered as risky business and strict loan conditions have been imposed on them such as strict collateral requirement, high cost of financing, strict documentation requirement and good business track record. Unfortunately, most of them cannot fulfil these conditions and continue to face the problem of accessing finance. Thus, the present study has used content analysis to critically survey the literature on the subject. This study aims to propose an Integrated Cash Waqf Micro Enterprise Investment (ICWME-I) Model as a solution to overcome MEs’ financial constraints and enhance their activities that contribute to the national income. The study concludes with some suggestions for future research.
format	Conference or Workshop Item
author	Mohd Thas Thaker, Mohamed Asmy Mohammed, Mustafa Omar Duasa, Jarita Abdullah, Moha Asri
author_facet	Mohd Thas Thaker, Mohamed Asmy Mohammed, Mustafa Omar Duasa, Jarita Abdullah, Moha Asri
author_sort	Mohd Thas Thaker, Mohamed Asmy
title	Alternative model for financing micro enterprises in Malaysia
title_short	Alternative model for financing micro enterprises in Malaysia
title_full	Alternative model for financing micro enterprises in Malaysia
title_fullStr	Alternative model for financing micro enterprises in Malaysia
title_full_unstemmed	Alternative model for financing micro enterprises in Malaysia
title_sort	alternative model for financing micro enterprises in malaysia
publishDate	2014
url	http://irep.iium.edu.my/39858/ http://irep.iium.edu.my/39858/ http://irep.iium.edu.my/39858/2/20131022103311642.pdf http://irep.iium.edu.my/39858/3/Mohamed_Asmy_et.al_%282013%29_ISBSS.pdf
first_indexed	2023-09-18T20:57:13Z
last_indexed	2023-09-18T20:57:13Z
_version_	1777410384688316416

Alternative model for financing micro enterprises in Malaysia

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