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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Bibliographic Details
Main Authors: Hisham Sabri, Abdullaah Jalil
Other Authors: Suhaila Abdul Hamid
Format: Book chapter
Language:English
Published: Universiti Sains Islam Malaysia 2014
Subjects:
Online Access:http://ddms.usim.edu.my/handle/123456789/7456
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spelling 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
institution Universiti Sains Islam Malaysia
building USIM Library
collection 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
spellingShingle 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
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score 13.214268