Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development
A book chapter of Readings in Islamic Financial Services (ISBN: 983-2950-28-7)
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Universiti Sains Islam Malaysia
2014
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| Online Access: | http://ddms.usim.edu.my/handle/123456789/7456 |
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my.usim-74562015-07-03T06:35:41Z Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development Hisham Sabri Abdullaah Jalil Suhaila Abdul Hamid Amir Shaharuddin Norhaziah Nawai SMEs Islamic Equity Musharakah Mudarabah A book chapter of Readings in Islamic Financial Services (ISBN: 983-2950-28-7) Following the Asian Financial Crisis 1997-98, the Malaysian government started to focus on the strength of the domestic economic activities rather than reliance on the foreign investment and trade which are subject to volatilities (Fong, 2003). This fact entails efforts to foster the development of small-and-medium scale enterprises (hereafter stated as SMEs) in order to make them as the national backbone for future growth. Considering the significance of SMEs to the national outlook, this humble chapter seeks to discuss the role of Islamic equity financing in developing more and more successful SMEs. The discussion commences with the definition of SMEs in Malaysia and a brief highlight on their needs to equity financing. Then, the authors generally describe the modes of Islamic equity financing available in Islamic jurisprudence. The following chapters briefly discuss on the applicability of the two widely quoted Islamic trading partnerships i.e. Mudarabah and Musharakah in SMEs development. Finally, a bold concluding section wraps up the whole article with several recommendations. 2014-11-14T03:10:08Z 2014-11-14T03:10:08Z 2007 Book chapter http://ddms.usim.edu.my/handle/123456789/7456 en Universiti Sains Islam Malaysia |
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Universiti Sains Islam Malaysia |
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USIM Library |
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Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universit Sains Islam i Malaysia |
| content_source |
USIM Institutional Repository |
| url_provider |
http://ddms.usim.edu.my/ |
| language |
English |
| topic |
SMEs Islamic Equity Musharakah Mudarabah |
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SMEs Islamic Equity Musharakah Mudarabah Hisham Sabri Abdullaah Jalil Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development |
| description |
A book chapter of Readings in Islamic Financial Services (ISBN: 983-2950-28-7) |
| author2 |
Suhaila Abdul Hamid |
| author_facet |
Suhaila Abdul Hamid Hisham Sabri Abdullaah Jalil |
| format |
Book chapter |
| author |
Hisham Sabri Abdullaah Jalil |
| author_sort |
Hisham Sabri |
| title |
Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development |
| title_short |
Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development |
| title_full |
Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development |
| title_fullStr |
Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development |
| title_full_unstemmed |
Islamic Equity Financing for Small and Medium-Size Enterprises (SMEs) Development |
| title_sort |
islamic equity financing for small and medium-size enterprises (smes) development |
| publisher |
Universiti Sains Islam Malaysia |
| publishDate |
2014 |
| url |
http://ddms.usim.edu.my/handle/123456789/7456 |
| _version_ |
1645151946549493760 |