Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia

Small and Medium Enterprises ("SMEs") have been recognized as one of the most important component that contributes towards the economic growth of many countries around the world. Despite its importance, SMEs have limited access to external financing that is dominated by debt financing. The...

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Main Authors: Abdul Razak, Dzuljastri, Mohammed, Mustafa Omar, Abdul Rahman, Nur Hasnida
Format: Proceeding Paper
Language:English
English
Published: 2016
Subjects:
Online Access:http://irep.iium.edu.my/50098/
http://irep.iium.edu.my/50098/3/LH_-_2.pdf
http://irep.iium.edu.my/50098/16/50098-new.pdf
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author Abdul Razak, Dzuljastri
Mohammed, Mustafa Omar
Abdul Rahman, Nur Hasnida
author_facet Abdul Razak, Dzuljastri
Mohammed, Mustafa Omar
Abdul Rahman, Nur Hasnida
author_sort Abdul Razak, Dzuljastri
building IIUM Repository
collection Online Access
description Small and Medium Enterprises ("SMEs") have been recognized as one of the most important component that contributes towards the economic growth of many countries around the world. Despite its importance, SMEs have limited access to external financing that is dominated by debt financing. They have difficulty in fulfilling debt requirements particularly in providing collateral, coping with high interest/ profit payment and adapting to credit rationing. Such limitations curb their growth and expansion. Therefore, there is a need to explore an alternative financing, which is more accessible by SMEs. This study examines the viability of Musharakah as an alternative financing mode for SMEs.
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format Proceeding Paper
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institution International Islamic University Malaysia
institution_category Local University
language English
English
last_indexed 2025-11-14T16:23:32Z
publishDate 2016
recordtype eprints
repository_type Digital Repository
spelling iium-500982017-06-15T07:49:22Z http://irep.iium.edu.my/50098/ Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia Abdul Razak, Dzuljastri Mohammed, Mustafa Omar Abdul Rahman, Nur Hasnida HG4001 Financial management. Business finance. Corporation finance. Small and Medium Enterprises ("SMEs") have been recognized as one of the most important component that contributes towards the economic growth of many countries around the world. Despite its importance, SMEs have limited access to external financing that is dominated by debt financing. They have difficulty in fulfilling debt requirements particularly in providing collateral, coping with high interest/ profit payment and adapting to credit rationing. Such limitations curb their growth and expansion. Therefore, there is a need to explore an alternative financing, which is more accessible by SMEs. This study examines the viability of Musharakah as an alternative financing mode for SMEs. 2016-03 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/50098/3/LH_-_2.pdf application/pdf en http://irep.iium.edu.my/50098/16/50098-new.pdf Abdul Razak, Dzuljastri and Mohammed, Mustafa Omar and Abdul Rahman, Nur Hasnida (2016) Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia. In: 4th Global Forum on Islamic Finance : Value Creation and Impact, 8-9 March , 2016, Lahore. (Unpublished)
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Abdul Razak, Dzuljastri
Mohammed, Mustafa Omar
Abdul Rahman, Nur Hasnida
Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia
title Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia
title_full Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia
title_fullStr Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia
title_full_unstemmed Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia
title_short Viability of musharakah as an alternative financing mode for small and medium enterprises: The cases of Klang Valley and Selangor, Malaysia
title_sort viability of musharakah as an alternative financing mode for small and medium enterprises: the cases of klang valley and selangor, malaysia
topic HG4001 Financial management. Business finance. Corporation finance.
url http://irep.iium.edu.my/50098/
http://irep.iium.edu.my/50098/3/LH_-_2.pdf
http://irep.iium.edu.my/50098/16/50098-new.pdf