Managing an alternative social financing for entrepreneurs
Crowdfunding is developing in popularity as a new form of both investment opportunities and source of raising capital. This needs to be studied. The aim of this paper is to explore and expand the understanding of the newly invented crowdfunding, types of the existing platforms of the industry. We st...
| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | English English English |
| Published: |
2019
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| Online Access: | http://irep.iium.edu.my/73279/ http://irep.iium.edu.my/73279/28/73279%20Managing%20an%20Alternative%20Social%20Financing%20for%20Entrepreneurs.pdf http://irep.iium.edu.my/73279/29/73279%20abstract.pdf http://irep.iium.edu.my/73279/14/73279%20slides.pdf |
| _version_ | 1848787767902863360 |
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| author | Ahmad Kamely, Aimadhuddin Khaliq, Ahmad Mohd. Nor, Rizal |
| author_facet | Ahmad Kamely, Aimadhuddin Khaliq, Ahmad Mohd. Nor, Rizal |
| author_sort | Ahmad Kamely, Aimadhuddin |
| building | IIUM Repository |
| collection | Online Access |
| description | Crowdfunding is developing in popularity as a new form of both investment opportunities and source of raising capital. This needs to be studied. The aim of this paper is to explore and expand the understanding of the newly invented crowdfunding, types of the existing platforms of the industry. We studied unsearched area of crowdfunding platforms that are registered in securities commission Malaysia and Kapitalboost platform of Singapore and their mode of investment. The paper uses case study method of six platforms of crowdfunding. Authors also looked in depth and reviewed a current literature on crowdfunding. It established an investment model of crowdfunding that will be suitable for the Muslim investors and anyone who is looking into an ethical investment that will contribute to the wellbeing of the societies as whole through Mudharabah and Musharakah investment. We mainly focused in Malaysia as we wanted to investigate the efficiency of these platforms how the entrepreneurs and small business can grow without falling into the trouble of the traditional banks higher cost and debt problems. The findings explored that equity crowdfunding could bring more benefit and less harm to entrepreneurs however none of the models used by the six registered crowdfunding platforms of Malaysia is Islamic type of investment. The paper therefore proposes two types of models that is based on equity-in and equity-out as we found that this is the best model to help investor invest in the project and dissociate debt from entrepreneur. The research contribution is given as the equity crowdfunding over the debt based through Islamic investment method of investing (Musharakah and Mudharabah) is better. |
| first_indexed | 2025-11-14T17:30:10Z |
| format | Proceeding Paper |
| id | iium-73279 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English English |
| last_indexed | 2025-11-14T17:30:10Z |
| publishDate | 2019 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-732792019-07-23T04:14:23Z http://irep.iium.edu.my/73279/ Managing an alternative social financing for entrepreneurs Ahmad Kamely, Aimadhuddin Khaliq, Ahmad Mohd. Nor, Rizal HG3368 Islamic Banking and Finance Crowdfunding is developing in popularity as a new form of both investment opportunities and source of raising capital. This needs to be studied. The aim of this paper is to explore and expand the understanding of the newly invented crowdfunding, types of the existing platforms of the industry. We studied unsearched area of crowdfunding platforms that are registered in securities commission Malaysia and Kapitalboost platform of Singapore and their mode of investment. The paper uses case study method of six platforms of crowdfunding. Authors also looked in depth and reviewed a current literature on crowdfunding. It established an investment model of crowdfunding that will be suitable for the Muslim investors and anyone who is looking into an ethical investment that will contribute to the wellbeing of the societies as whole through Mudharabah and Musharakah investment. We mainly focused in Malaysia as we wanted to investigate the efficiency of these platforms how the entrepreneurs and small business can grow without falling into the trouble of the traditional banks higher cost and debt problems. The findings explored that equity crowdfunding could bring more benefit and less harm to entrepreneurs however none of the models used by the six registered crowdfunding platforms of Malaysia is Islamic type of investment. The paper therefore proposes two types of models that is based on equity-in and equity-out as we found that this is the best model to help investor invest in the project and dissociate debt from entrepreneur. The research contribution is given as the equity crowdfunding over the debt based through Islamic investment method of investing (Musharakah and Mudharabah) is better. 2019 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/73279/28/73279%20Managing%20an%20Alternative%20Social%20Financing%20for%20Entrepreneurs.pdf application/pdf en http://irep.iium.edu.my/73279/29/73279%20abstract.pdf application/pdf en http://irep.iium.edu.my/73279/14/73279%20slides.pdf Ahmad Kamely, Aimadhuddin and Khaliq, Ahmad and Mohd. Nor, Rizal (2019) Managing an alternative social financing for entrepreneurs. In: IIUM International Conference on Business Management (IICBM 2019), 10th-11thJuly 2019, Kuala Lumpur. (Unpublished) |
| spellingShingle | HG3368 Islamic Banking and Finance Ahmad Kamely, Aimadhuddin Khaliq, Ahmad Mohd. Nor, Rizal Managing an alternative social financing for entrepreneurs |
| title | Managing an alternative social financing for entrepreneurs |
| title_full | Managing an alternative social financing for entrepreneurs |
| title_fullStr | Managing an alternative social financing for entrepreneurs |
| title_full_unstemmed | Managing an alternative social financing for entrepreneurs |
| title_short | Managing an alternative social financing for entrepreneurs |
| title_sort | managing an alternative social financing for entrepreneurs |
| topic | HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/73279/ http://irep.iium.edu.my/73279/28/73279%20Managing%20an%20Alternative%20Social%20Financing%20for%20Entrepreneurs.pdf http://irep.iium.edu.my/73279/29/73279%20abstract.pdf http://irep.iium.edu.my/73279/14/73279%20slides.pdf |