Financial sustainability of SMEs through Islamic crowdfunding

Recent years have witnessed the growth of Islamic crowdfunding from its mere existence to successfully distinguishing itself from conventional crowdfunding. The concept of crowdfunding is known as a practice of funding a project or venture by raising small amounts of money from many people, typica...

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Main Authors:	Haron, Razali, Md Husin, Maizaitulaidawati
Other Authors:	Rafay, Abdul
Format:	Book Chapter
Language:	English English
Published:	IGI Global 2019
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/78206/ http://irep.iium.edu.my/78206/ http://irep.iium.edu.my/78206/ http://irep.iium.edu.my/78206/1/78206%20-%20Cover-Copyright-Page-table%20of%20content-about%20the%20contributors.pdf http://irep.iium.edu.my/78206/2/78206-Financial-Sustainability-of-SMEs-Through-Islamic-Crowdfunding.pdf

id	iium-78206
recordtype	eprints
spelling	iium-782062020-02-06T03:21:26Z http://irep.iium.edu.my/78206/ Financial sustainability of SMEs through Islamic crowdfunding Haron, Razali Md Husin, Maizaitulaidawati HG3368 Islamic Banking and Finance Recent years have witnessed the growth of Islamic crowdfunding from its mere existence to successfully distinguishing itself from conventional crowdfunding. The concept of crowdfunding is known as a practice of funding a project or venture by raising small amounts of money from many people, typically via the Internet. The concept of crowdfunding has gained popularity worldwide as an alternative source of financing, especially among small businesses which include small and medium enterprises (SMEs). As SMEs continuously face lack of financing which may hinder their business growth, it is projected that the emerging crowdfunding model may help solve this problem while at the same time sustain SMEs’ financial suitability. In this chapter, the concept of Islamic crowdfunding, crowdfunding models, the benefits and weaknesses of crowdfunding for SMEs, the applicability of crowdfunding towards driving financial sustainability initiatives for SMEs and issues for future research are discussed. IGI Global Rafay, Abdul 2019-12-27 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/78206/1/78206%20-%20Cover-Copyright-Page-table%20of%20content-about%20the%20contributors.pdf application/pdf en http://irep.iium.edu.my/78206/2/78206-Financial-Sustainability-of-SMEs-Through-Islamic-Crowdfunding.pdf Haron, Razali and Md Husin, Maizaitulaidawati (2019) Financial sustainability of SMEs through Islamic crowdfunding. In: Handbook of Research on Theory and Practice of Global Islamic Finance. Advances in Finance, Accounting, and Economics (AFAE) . IGI Global, Hershey, Pennsylvania, USA, pp. 321-337. ISBN 9781799802181, 1799802183 https://www.igi-global.com/gateway/book/226989 DOI: 10.4018/978-1-7998-0218-1.ch018
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 Haron, Razali Md Husin, Maizaitulaidawati Financial sustainability of SMEs through Islamic crowdfunding
description	Recent years have witnessed the growth of Islamic crowdfunding from its mere existence to successfully distinguishing itself from conventional crowdfunding. The concept of crowdfunding is known as a practice of funding a project or venture by raising small amounts of money from many people, typically via the Internet. The concept of crowdfunding has gained popularity worldwide as an alternative source of financing, especially among small businesses which include small and medium enterprises (SMEs). As SMEs continuously face lack of financing which may hinder their business growth, it is projected that the emerging crowdfunding model may help solve this problem while at the same time sustain SMEs’ financial suitability. In this chapter, the concept of Islamic crowdfunding, crowdfunding models, the benefits and weaknesses of crowdfunding for SMEs, the applicability of crowdfunding towards driving financial sustainability initiatives for SMEs and issues for future research are discussed.
author2	Rafay, Abdul
author_facet	Rafay, Abdul Haron, Razali Md Husin, Maizaitulaidawati
format	Book Chapter
author	Haron, Razali Md Husin, Maizaitulaidawati
author_sort	Haron, Razali
title	Financial sustainability of SMEs through Islamic crowdfunding
title_short	Financial sustainability of SMEs through Islamic crowdfunding
title_full	Financial sustainability of SMEs through Islamic crowdfunding
title_fullStr	Financial sustainability of SMEs through Islamic crowdfunding
title_full_unstemmed	Financial sustainability of SMEs through Islamic crowdfunding
title_sort	financial sustainability of smes through islamic crowdfunding
publisher	IGI Global
publishDate	2019
url	http://irep.iium.edu.my/78206/ http://irep.iium.edu.my/78206/ http://irep.iium.edu.my/78206/ http://irep.iium.edu.my/78206/1/78206%20-%20Cover-Copyright-Page-table%20of%20content-about%20the%20contributors.pdf http://irep.iium.edu.my/78206/2/78206-Financial-Sustainability-of-SMEs-Through-Islamic-Crowdfunding.pdf
first_indexed	2023-09-18T21:50:14Z
last_indexed	2023-09-18T21:50:14Z
_version_	1777413719673798656

Financial sustainability of SMEs through Islamic crowdfunding

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