Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach
This paper aims to examine the practice of credit evaluation by Islamic banking in evaluating financing proposals from the SMEs in Malaysia. Also, how the approach of Maqasid Shariah which encompasses of religion, life, lineage, intellect and property influencing the application of credit evaluation...
Saved in:
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
HRMARS
2021
|
Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/96790/1/MustafaAlMalhuki2021_CreditEvaluationbytheSmallMediumSized.pdf http://eprints.utm.my/id/eprint/96790/ http://dx.doi.org/10.6007/IJARBSS/v11-i10/10919 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.utm.96790 |
---|---|
record_format |
eprints |
spelling |
my.utm.967902022-08-23T04:14:15Z http://eprints.utm.my/id/eprint/96790/ Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach Abdul Aziz, Mustafa Al-Malhuki Abdul Rasid, Siti Zaleha Aziz, Nadiah HD Industries. Land use. Labor HG Finance This paper aims to examine the practice of credit evaluation by Islamic banking in evaluating financing proposals from the SMEs in Malaysia. Also, how the approach of Maqasid Shariah which encompasses of religion, life, lineage, intellect and property influencing the application of credit evaluation from the SMEs. This paper measures credit evaluation on Islamic banks based on review of literature; the inputs are extracted from the existing relevant studies on the subject matter. The findings reveal that that the elements of Maqasid Shariah are not being considered meticulously for credit evaluation processes. The Maqasid Shariah approach in credit evaluation could bring significant values for SMEs in securing financing. This novel study significantly focuses on how the SMEs in Malaysia process the credit evaluation based on the CAMPARI model while adapting the concept of Maqasid Shariah. As this conceptual paper focuses on the previous research and existing available data, the paper is a stepping-stone that enables the researchers to obtain an inclusive and complete perspective and solutions for both Islamic banking system and their customers. HRMARS 2021 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/96790/1/MustafaAlMalhuki2021_CreditEvaluationbytheSmallMediumSized.pdf Abdul Aziz, Mustafa Al-Malhuki and Abdul Rasid, Siti Zaleha and Aziz, Nadiah (2021) Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach. International Journal of Academic Research in Business and Social Sciences, 11 (10). pp. 190-204. ISSN 2222-6990 http://dx.doi.org/10.6007/IJARBSS/v11-i10/10919 DOI:10.6007/IJARBSS/v11-i10/10919 |
institution |
Universiti Teknologi Malaysia |
building |
UTM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Teknologi Malaysia |
content_source |
UTM Institutional Repository |
url_provider |
http://eprints.utm.my/ |
language |
English |
topic |
HD Industries. Land use. Labor HG Finance |
spellingShingle |
HD Industries. Land use. Labor HG Finance Abdul Aziz, Mustafa Al-Malhuki Abdul Rasid, Siti Zaleha Aziz, Nadiah Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach |
description |
This paper aims to examine the practice of credit evaluation by Islamic banking in evaluating financing proposals from the SMEs in Malaysia. Also, how the approach of Maqasid Shariah which encompasses of religion, life, lineage, intellect and property influencing the application of credit evaluation from the SMEs. This paper measures credit evaluation on Islamic banks based on review of literature; the inputs are extracted from the existing relevant studies on the subject matter. The findings reveal that that the elements of Maqasid Shariah are not being considered meticulously for credit evaluation processes. The Maqasid Shariah approach in credit evaluation could bring significant values for SMEs in securing financing. This novel study significantly focuses on how the SMEs in Malaysia process the credit evaluation based on the CAMPARI model while adapting the concept of Maqasid Shariah. As this conceptual paper focuses on the previous research and existing available data, the paper is a stepping-stone that enables the researchers to obtain an inclusive and complete perspective and solutions for both Islamic banking system and their customers. |
format |
Article |
author |
Abdul Aziz, Mustafa Al-Malhuki Abdul Rasid, Siti Zaleha Aziz, Nadiah |
author_facet |
Abdul Aziz, Mustafa Al-Malhuki Abdul Rasid, Siti Zaleha Aziz, Nadiah |
author_sort |
Abdul Aziz, Mustafa Al-Malhuki |
title |
Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach |
title_short |
Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach |
title_full |
Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach |
title_fullStr |
Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach |
title_full_unstemmed |
Credit evaluation by the small-medium sized enterprises: Maqasid Shariah approach |
title_sort |
credit evaluation by the small-medium sized enterprises: maqasid shariah approach |
publisher |
HRMARS |
publishDate |
2021 |
url |
http://eprints.utm.my/id/eprint/96790/1/MustafaAlMalhuki2021_CreditEvaluationbytheSmallMediumSized.pdf http://eprints.utm.my/id/eprint/96790/ http://dx.doi.org/10.6007/IJARBSS/v11-i10/10919 |
_version_ |
1743107028278050816 |
score |
13.154905 |