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...

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Main Authors: Mohd Thas Thaker, Mohamed Asmy, Mohd Thas Thaker, Hassanudin, Pai Wei, Choon
Format: Book Chapter
Language:English
Published: IGI Global 2020
Subjects:
Online Access:http://irep.iium.edu.my/78437/
http://irep.iium.edu.my/78437/1/78437_Financial%20accessibility%20and%20small-medium%20enterprises.pdf
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author Mohd Thas Thaker, Mohamed Asmy
Mohd Thas Thaker, Hassanudin
Pai Wei, Choon
author_facet Mohd Thas Thaker, Mohamed Asmy
Mohd Thas Thaker, Hassanudin
Pai Wei, Choon
author_sort Mohd Thas Thaker, Mohamed Asmy
building IIUM Repository
collection Online Access
description 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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format Book Chapter
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institution International Islamic University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T17:43:33Z
publishDate 2020
publisher IGI Global
recordtype eprints
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spelling iium-784372021-01-15T07:29:04Z http://irep.iium.edu.my/78437/ Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance Mohd Thas Thaker, Mohamed Asmy Mohd Thas Thaker, Hassanudin Pai Wei, Choon H Social Sciences (General) 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. IGI Global 2020 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/78437/1/78437_Financial%20accessibility%20and%20small-medium%20enterprises.pdf Mohd Thas Thaker, Mohamed Asmy and Mohd Thas Thaker, Hassanudin and Pai Wei, Choon (2020) Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance. In: Economics, Business, and Islamic Finance in ASEAN Economics Community. IGI Global, Hershey PA, USA, pp. 306-325. ISBN 9781799822578 https://www.igi-global.com/book/economics-business-islamic-finance-asean/235723 10.4018/978-1-7998-2257-8
spellingShingle H Social Sciences (General)
Mohd Thas Thaker, Mohamed Asmy
Mohd Thas Thaker, Hassanudin
Pai Wei, Choon
Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
title Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
title_full Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
title_fullStr Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
title_full_unstemmed Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
title_short Financial accessibility and small-medium enterprises (SMEs) in Malaysia: the role of crowdfunding and Islamic Finance
title_sort financial accessibility and small-medium enterprises (smes) in malaysia: the role of crowdfunding and islamic finance
topic H Social Sciences (General)
url http://irep.iium.edu.my/78437/
http://irep.iium.edu.my/78437/
http://irep.iium.edu.my/78437/
http://irep.iium.edu.my/78437/1/78437_Financial%20accessibility%20and%20small-medium%20enterprises.pdf