Publication:
The Role Of Islamic Microfinance In Uplifting B20 Communities In Malaysia In The Covid-19 Pandemic

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dc.contributor.authorNorhaziah Nawaien_US
dc.date.accessioned2024-05-30T02:22:29Z
dc.date.available2024-05-30T02:22:29Z
dc.date.issued2021-12
dc.date.submitted2022-2-8
dc.descriptionVol. 33 No. S4 (2021): ULUM ISLAMIYYAH The Malaysian Journal of Islamic Sciencesen_US
dc.description.abstractThe purpose of this study is to review the Islamic microfinance model that best suited the bottom of the wealth pyramid (B20) communities in Malaysia. Islamic microfinance products and services that are friendly to the B20 communities are crucial to ensure they are not lacking behind from the current development where everybody has access to the financial services. Most current Islamic microfinance products use debt-based financing that similar to the banking products. These products are not suitable to the B20 communities because it creates debt and burdens them to pay back the financing. Therefore, this paper reviews the potential of equity-based financing models that suit to the B20 communities. The study reviews past literature obtained from scholarly databases including Web of Sciences, Scopus, and Google Scholar. In addition, data from microfinance providers are also collected through their website, news published, and bulletin. The findings reveal that equity-based financing via musharakah mutanaqisah seeing as the innovative Islamic microfinance model that suit to the B20 communities compares to debt-based financing.en_US
dc.identifier.citationNawai, N. . (2021). The Role of Islamic Microfinance in Uplifting B20 Communities in Malaysia in The Covid-19 Pandemic. Ulum Islamiyyah, 33(S4), 189-201. https://doi.org/10.33102/uij.vol33noS4.423en_US
dc.identifier.doihttps://doi.org/10.33102/uij.vol33noS4.423
dc.identifier.epage201
dc.identifier.issn1675-5936
dc.identifier.issueS34
dc.identifier.other380-23
dc.identifier.spage189
dc.identifier.urihttps://uijournal.usim.edu.my/index.php/uij/article/view/423
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/15891
dc.identifier.volume33
dc.language.isoenen_US
dc.publisherUSIM Pressen_US
dc.relation.ispartofUlum Islamiyyah: Malaysian Journal of Islamic Sciencesen_US
dc.subjectIslamic Microfinance, Malaysia, B20 Communityen_US
dc.titleThe Role Of Islamic Microfinance In Uplifting B20 Communities In Malaysia In The Covid-19 Pandemicen_US
dc.typeArticleen_US
dspace.entity.typePublication

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