Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis

The SMEs worldwide face the biggest problem in accessing financial assistance. By surveying selected SMEs in Malaysia, this study found similar cases as they are also facing the same problem because of a lack of collateral. Investigating the feasibility of Islamic financing schemes in providing fin...

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Main Authors: Haron, Razali, Ibrahim, Khairunisah
Format: Article
Language:English
English
Published: IIUM Press 2016
Subjects:
Online Access:http://irep.iium.edu.my/54537/
http://irep.iium.edu.my/54537/
http://irep.iium.edu.my/54537/1/926-2062-1-SM.pdf
http://irep.iium.edu.my/54537/7/54537_slamic%20financing%20in%20mitigating_SCOPUS.pdf
id iium-54537
recordtype eprints
spelling iium-545372017-05-31T00:48:17Z http://irep.iium.edu.my/54537/ Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis Haron, Razali Ibrahim, Khairunisah HG4001 Financial management. Business finance. Corporation finance. The SMEs worldwide face the biggest problem in accessing financial assistance. By surveying selected SMEs in Malaysia, this study found similar cases as they are also facing the same problem because of a lack of collateral. Investigating the feasibility of Islamic financing schemes in providing financial aids to SMEs, this study found that several Islamic financial schemes are preferred by SMEs depending on the risk profile of SMEs. These Islamic financial schemes can build a firm liaison with SMEs in realizing the Maqasid al Shari’ah and simultaneously offer paths to better distribute wealth and prosperity among SMEs and the funders as well. This study contributes significantly to the literature as it provides insights to the nature of the SMEs and the bridge built between the SMEs and the Islamic financing schemes as to realize the Islamic social financing aim as a whole. IIUM Press 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/54537/1/926-2062-1-SM.pdf application/pdf en http://irep.iium.edu.my/54537/7/54537_slamic%20financing%20in%20mitigating_SCOPUS.pdf Haron, Razali and Ibrahim, Khairunisah (2016) Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis. Intellectual Discourse, 24 (Special Issue). pp. 387-408. ISSN 0128-4878 E-ISSN 2289-5639 http://journals.iium.edu.my/intdiscourse/index.php/islam/article/view/926/672
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Haron, Razali
Ibrahim, Khairunisah
Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis
description The SMEs worldwide face the biggest problem in accessing financial assistance. By surveying selected SMEs in Malaysia, this study found similar cases as they are also facing the same problem because of a lack of collateral. Investigating the feasibility of Islamic financing schemes in providing financial aids to SMEs, this study found that several Islamic financial schemes are preferred by SMEs depending on the risk profile of SMEs. These Islamic financial schemes can build a firm liaison with SMEs in realizing the Maqasid al Shari’ah and simultaneously offer paths to better distribute wealth and prosperity among SMEs and the funders as well. This study contributes significantly to the literature as it provides insights to the nature of the SMEs and the bridge built between the SMEs and the Islamic financing schemes as to realize the Islamic social financing aim as a whole.
format Article
author Haron, Razali
Ibrahim, Khairunisah
author_facet Haron, Razali
Ibrahim, Khairunisah
author_sort Haron, Razali
title Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis
title_short Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis
title_full Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis
title_fullStr Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis
title_full_unstemmed Islamic financing in mitigating access to financing problems of SMEs in Malaysia: a survey analysis
title_sort islamic financing in mitigating access to financing problems of smes in malaysia: a survey analysis
publisher IIUM Press
publishDate 2016
url http://irep.iium.edu.my/54537/
http://irep.iium.edu.my/54537/
http://irep.iium.edu.my/54537/1/926-2062-1-SM.pdf
http://irep.iium.edu.my/54537/7/54537_slamic%20financing%20in%20mitigating_SCOPUS.pdf
first_indexed 2023-09-18T21:17:10Z
last_indexed 2023-09-18T21:17:10Z
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