Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
One of the common problems faced by worldwide SMEs including Malaysia is accessing external financial services. Given this fact, this chapter offers a sustainable model of source of financing for Malaysian SMEs in meeting their financial need, which is known as Islamic Crowdfunding-Small and Medi...
| Main Authors: | , , |
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| Format: | Book Chapter |
| Language: | English |
| Published: |
IGI Global
2020
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/78437/ http://irep.iium.edu.my/78437/1/78437_Financial%20accessibility%20and%20small-medium%20enterprises.pdf |
| Summary: | One of the common problems faced by worldwide SMEs including Malaysia is
accessing external financial services. Given this fact, this chapter offers a sustainable
model of source of financing for Malaysian SMEs in meeting their financial need,
which is known as Islamic Crowdfunding-Small and Medium Enterprises (ICSMEs)
model. Authors review comprehensive literature by focusing on the issues of
financial accessibility faced by Malaysian SMEs, and the existing studies relating
to SMEs, crowdfunding, and Islamic finance in support to construct ICSME model.
Authors discuss the modus operandi of the proposed ICSME model and offer several
significances of the model. |
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