Publication:
Financial Management Practices in Islamic Donation-based Crowdfunding (DCF) Platforms in Malaysia

dc.contributor.authorMuhammad Iqmal Hisham Kamaruddinen_US
dc.contributor.authorNurul Aini Muhameden_US
dc.contributor.authorRafisah Mat Radzien_US
dc.contributor.authorWan Nur Fazni Wan Mohamad Nazarieen_US
dc.contributor.authorAimi Fadzirul Kamarubahrinen_US
dc.date.accessioned2024-05-28T06:38:08Z
dc.date.available2024-05-28T06:38:08Z
dc.date.issued2023
dc.date.submitted2023-8-17
dc.description.abstractThis study aims to explore current financial management practices covering governance and financial operation aspects in Islamic donation-based crowdfunding (DCF) in Malaysia. A series of interviews with six Islamic DCF platforms in Malaysia were conducted. For reporting purposes, this study employed a single-case study approach. The interview was conducted and completed at the end of August 2022 via an online approach through Google Meet. The findings highlight the governance background in terms of legal establishment as well as monitoring the function of Islamic DCFs in Malaysia. In addition, for financial operation, several findings related to the funding management process model, income generation, financial sustainability and financial disclosure of Islamic DCFs in Malaysia were discussed. This study is among the pioneer studies that explore financial management practices in Islamic DCF platforms in Malaysia. The study findings and recommendations are useful for Islamic DCF platforms as well as related parties like regulators, funders, potential project managers and the public in general to understand financial management practices in Islamic DCF platforms in Malaysia.en_US
dc.identifier.citationKamaruddin, M.I.H., Muhamed, N.A., Radzi, R.M. et al. Financial management practices in Islamic donation-based crowdfunding (DCF) platforms in Malaysia. Futur Bus J 9, 32 (2023). https://doi.org/10.1186/s43093-023-00210-7en_US
dc.identifier.doi10.1186/s43093-023-00210-7
dc.identifier.epage14
dc.identifier.issn2314-7210
dc.identifier.issue32
dc.identifier.spage1
dc.identifier.urihttps://fbj.springeropen.com/articles/10.1186/s43093-023-00210-7
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/7431
dc.identifier.volume9
dc.language.isoen_USen_US
dc.publisherSpringer Natureen_US
dc.relation.ispartofFuture Business Journalen_US
dc.subjectFinancial management, Governance, Financial operation, Islamic crowdfunding, Donation-based crowdfunding (DCF)en_US
dc.titleFinancial Management Practices in Islamic Donation-based Crowdfunding (DCF) Platforms in Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

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