Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)

One of the important issues that have been discussed in the study of Small and Medium Enterprise ("SMEs") is their difficulty in getting access to external financing, particularly from the banking institutions. This problem occurs because the banking institutionsare predominantly debt b...

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Main Authors:	Abd. Rahman, Nur Hasnida, Mohamed, Mustafa Omar
Format:	Conference or Workshop Item
Language:	English English
Published:	2017
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/59229/ http://irep.iium.edu.my/59229/ http://irep.iium.edu.my/59229/1/Adoption%20of%20Musharakah%20Financing%20Model%20for%20Long%20Term%20Development%20of%20SMEs.docx.pdf http://irep.iium.edu.my/59229/7/59229_certificate.pdf

id	iium-59229
recordtype	eprints
spelling	iium-592292017-12-04T08:00:10Z http://irep.iium.edu.my/59229/ Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES) Abd. Rahman, Nur Hasnida Mohamed, Mustafa Omar HG3368 Islamic Banking and Finance One of the important issues that have been discussed in the study of Small and Medium Enterprise ("SMEs") is their difficulty in getting access to external financing, particularly from the banking institutions. This problem occurs because the banking institutionsare predominantly debt based financing system which requires SMEs to fulfill banking requirementsof providing adequate collateral and payment of high interest rates. SMEs inability to fulfill these requirements obliges them to rely heavily on internal financing and this limits their long-term growth and development. As financing is crucial to ensure SMEs' long-term growth and development, this study has been conducted to examine the potential of Musharakah as a viable alternative financing for SMEs. Accordingly, the Musharakah financing model was developed and a survey among SMEs firms in Malaysia was conducted to validate the potential of Musharakah financing model for SMEs. The results show that Musharakah financing has potential in providing SMEs' with a greater access to financing. Therefore, the model needs to be given a premier attention so that SMEs will have greater access to financing for their longterm growth and expansion. 2017 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/59229/1/Adoption%20of%20Musharakah%20Financing%20Model%20for%20Long%20Term%20Development%20of%20SMEs.docx.pdf application/pdf en http://irep.iium.edu.my/59229/7/59229_certificate.pdf Abd. Rahman, Nur Hasnida and Mohamed, Mustafa Omar (2017) Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES). In: International Conference on Economic Development and Diversification (ICEDD 2017), 26th-27th April 2017, Salalah, Oman. (Unpublished) http://salalah.cas.edu.om/Pages/ICEDD2017.aspx
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG3368 Islamic Banking and Finance
spellingShingle	HG3368 Islamic Banking and Finance Abd. Rahman, Nur Hasnida Mohamed, Mustafa Omar Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)
description	One of the important issues that have been discussed in the study of Small and Medium Enterprise ("SMEs") is their difficulty in getting access to external financing, particularly from the banking institutions. This problem occurs because the banking institutionsare predominantly debt based financing system which requires SMEs to fulfill banking requirementsof providing adequate collateral and payment of high interest rates. SMEs inability to fulfill these requirements obliges them to rely heavily on internal financing and this limits their long-term growth and development. As financing is crucial to ensure SMEs' long-term growth and development, this study has been conducted to examine the potential of Musharakah as a viable alternative financing for SMEs. Accordingly, the Musharakah financing model was developed and a survey among SMEs firms in Malaysia was conducted to validate the potential of Musharakah financing model for SMEs. The results show that Musharakah financing has potential in providing SMEs' with a greater access to financing. Therefore, the model needs to be given a premier attention so that SMEs will have greater access to financing for their longterm growth and expansion.
format	Conference or Workshop Item
author	Abd. Rahman, Nur Hasnida Mohamed, Mustafa Omar
author_facet	Abd. Rahman, Nur Hasnida Mohamed, Mustafa Omar
author_sort	Abd. Rahman, Nur Hasnida
title	Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)
title_short	Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)
title_full	Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)
title_fullStr	Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)
title_full_unstemmed	Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)
title_sort	adoption of musharakah financing model for long term development of small medium sized enterprises (smes)
publishDate	2017
url	http://irep.iium.edu.my/59229/ http://irep.iium.edu.my/59229/ http://irep.iium.edu.my/59229/1/Adoption%20of%20Musharakah%20Financing%20Model%20for%20Long%20Term%20Development%20of%20SMEs.docx.pdf http://irep.iium.edu.my/59229/7/59229_certificate.pdf
first_indexed	2023-09-18T21:23:53Z
last_indexed	2023-09-18T21:23:53Z
_version_	1777412061898211328

Adoption of musharakah financing model for long term development of small medium sized enterprises (SMES)

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