Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan

Ar-Rahnu is becoming an increasingly micro-credit instrument in Malaysia. It is accepted as a viable and competitive mode to obtain cash instantly. Despite this, studies on Ar-Rahnu, particularly on the acceptance factors among women micro-entrepreneurs has been very limited. This study aim...

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Main Authors: Nik Azman, Nik Hadiyan, Kassim, Salina, Masron, Tajul Ariffin
Format: Article
Language:English
Published: INSI Publications 2015
Subjects:
Online Access:http://irep.iium.edu.my/46096/
http://irep.iium.edu.my/46096/1/Nik1.pdf
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author Nik Azman, Nik Hadiyan
Kassim, Salina
Masron, Tajul Ariffin
author_facet Nik Azman, Nik Hadiyan
Kassim, Salina
Masron, Tajul Ariffin
author_sort Nik Azman, Nik Hadiyan
building IIUM Repository
collection Online Access
description Ar-Rahnu is becoming an increasingly micro-credit instrument in Malaysia. It is accepted as a viable and competitive mode to obtain cash instantly. Despite this, studies on Ar-Rahnu, particularly on the acceptance factors among women micro-entrepreneurs has been very limited. This study aims to investigate the level of acceptance for ArRahnu among women micro-entrepreneurs, in Siti Khadijah’s market, Kelantan. This study conducted in-depth interviews with the women micro-entrepreneurs from different area of business who used Ar-Rahnu as a source of capital. Overall, there are four sub themes influencing the acceptance of Ar-Rahnu, namely; locality, difficulties in getting loan, service charges and collateral. This study finds that, service charge is the main factor influencing women micro-entrepreneurs to choose Ar-Rahnu as their source of micro-credit.
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spelling iium-460962016-12-20T01:20:46Z http://irep.iium.edu.my/46096/ Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan Nik Azman, Nik Hadiyan Kassim, Salina Masron, Tajul Ariffin HF Commerce HG Finance Ar-Rahnu is becoming an increasingly micro-credit instrument in Malaysia. It is accepted as a viable and competitive mode to obtain cash instantly. Despite this, studies on Ar-Rahnu, particularly on the acceptance factors among women micro-entrepreneurs has been very limited. This study aims to investigate the level of acceptance for ArRahnu among women micro-entrepreneurs, in Siti Khadijah’s market, Kelantan. This study conducted in-depth interviews with the women micro-entrepreneurs from different area of business who used Ar-Rahnu as a source of capital. Overall, there are four sub themes influencing the acceptance of Ar-Rahnu, namely; locality, difficulties in getting loan, service charges and collateral. This study finds that, service charge is the main factor influencing women micro-entrepreneurs to choose Ar-Rahnu as their source of micro-credit. INSI Publications 2015 Article PeerReviewed application/pdf en http://irep.iium.edu.my/46096/1/Nik1.pdf Nik Azman, Nik Hadiyan and Kassim, Salina and Masron, Tajul Ariffin (2015) Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan. Australian Journal of Basic and Applied Sciences, 9 (28). pp. 105-110. ISSN 1991-8178 http://www.ajbasweb.com
spellingShingle HF Commerce
HG Finance
Nik Azman, Nik Hadiyan
Kassim, Salina
Masron, Tajul Ariffin
Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
title Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
title_full Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
title_fullStr Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
title_full_unstemmed Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
title_short Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
title_sort key factors influencing women micro-entrepreneurs to use ar-rahnu: evidence from siti khadijah’s market, kelantan
topic HF Commerce
HG Finance
url http://irep.iium.edu.my/46096/
http://irep.iium.edu.my/46096/
http://irep.iium.edu.my/46096/1/Nik1.pdf