This study is conducted in order to identify on how Islamic bank and conventional bank are difference in term of pre-approval financing. This study is concentrating on the evaluation of credit assessment for business financing by applying qualitative method by interviewing 5 credit analysts in banking institution. Interviews conducted is divided into two main parts: first, the current practices of credit assessment in pre-approval stage and post-approval stage. Second, the study on how Islamic elements being utilised in making financing decision, thus, managing credit risk. In the first part, it was found that there were no differences between Islamic and conventional bank in term of credit assessment. However, most of the respondents advise that, Islamic banks should come out with more proactive credit assessment rather than depending on conventional practices. For the second part, all of the respondents held similar views and opinions that the Islamic elements such as Adl (fair and justice), Istiqamah (Continous), Akhlak, Syura and Tawakal should be implementaed in Islamic credit assessment. However, there is still lack framework on how these issues could be implemented. � Medwell Journals, 2018.

Micro business plays an essential role for the development of Malaysia. Based on SME annual report year 2011, micro business represents almost 80% of business census. This figure showed the importance of micro business towards the development of country. However, there are many problems associates with micro business such as difficulties to get financing, shortage of capital, owners' knowledge and experience and others. There are many study conducted on how microbusiness get financing, knowledge of accounting, entrepreneurial behaviour but there is limited study on how credit risk management in microbusiness. Additionally, the main critiques in micro business also about entrepreneurs' knowledge in term of credit risk management in running the business. This knowledge is very important in order to have a good business performance and sustainability. For that reason the study is conducted in order to explore on how credit risk management knowledge and awareness among the entrepreneurs can be associated with different types of business-sole-proprietorship, partnership and private limited company. The study is conducted by distributing 460 questionnaires among micro business in Negeri Sembilan. The results shows mixed significant results on the relationship between types of business with credit risk awareness and credit risk knowledge. There is a significant difference among types of business on credit risk awareness; however there is no difference for different types of business with knowledge of credit risk management. The findings are very important for the better development and management of microbusiness in Malaysia. It is very useful for financial provider, government and entrepreneur. � Medwell Journals, 2016.