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 Medium...

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Main Authors: Mohd Thas Thaker, M. A., Mohd Thas Thaker, Hassanudin *, Choong, Pai Wei *
Other Authors: Mohd Nabi, A.
Format: Book Section
Published: IGI Global 2020
Subjects:
Online Access:http://eprints.sunway.edu.my/1444/
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author Mohd Thas Thaker, M. A.
Mohd Thas Thaker, Hassanudin *
Choong, Pai Wei *
author2 Mohd Nabi, A.
author_facet Mohd Nabi, A.
Mohd Thas Thaker, M. A.
Mohd Thas Thaker, Hassanudin *
Choong, Pai Wei *
author_sort Mohd Thas Thaker, M. A.
building SU Institutional 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.
first_indexed 2025-11-14T21:17:20Z
format Book Section
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institution Sunway University
institution_category Local University
last_indexed 2025-11-14T21:17:20Z
publishDate 2020
publisher IGI Global
recordtype eprints
repository_type Digital Repository
spelling sunway-14442020-10-08T01:12:44Z http://eprints.sunway.edu.my/1444/ Financial accessibility and small-medium enterprises (SMEs) in Malaysia: The role of crowdfunding and Islamic finance Mohd Thas Thaker, M. A. Mohd Thas Thaker, Hassanudin * Choong, Pai Wei * HF Commerce 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 Mohd Nabi, A. Pablos, O. 2020 Book Section PeerReviewed Mohd Thas Thaker, M. A. and Mohd Thas Thaker, Hassanudin * and Choong, Pai Wei * (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, pp. 306-325. ISBN 9781799822578 https://www.igi-global.com/viewtitlesample.aspx?id=246982&ptid=235723&t=Financial%20Accessibility%20and%20Small-Medium%20Enterprises%20(SMEs)%20in%20Malaysia:%20The%20Role%20of%20Crowdfunding%20and%20Islamic%20Finance&isxn=9781799822578 DOI: 10.4018/978-1-7998-2257-8.ch015
spellingShingle HF Commerce
Mohd Thas Thaker, M. A.
Mohd Thas Thaker, Hassanudin *
Choong, Pai Wei *
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 HF Commerce
url http://eprints.sunway.edu.my/1444/
http://eprints.sunway.edu.my/1444/
http://eprints.sunway.edu.my/1444/