The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia

This paper is prepared to observe the implementation of Islamic trade financing products for Muslim Halal entrepreneurs (MHEs) who have obtained trade financing from Islamic banking institutions in Malaysia. Islamic banking institutions play an important role in developing Muslim Halal businesses an...

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Main Authors: Awang, Mohd Daud, Abdullah, Norsazali, Yahya, Hisham, Abdullah, Amini Amir, Ismail, Kamarulzaman, Jusoh, Mohd Kamal Azman
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2023
Online Access:http://psasir.upm.edu.my/id/eprint/110352/1/the-implementation-of-islamic-trade-financing-product-by-islamic-banking-institutions-towards-muslim-halal-entrepreneurs-mhe-in-malaysia.pdf
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author Awang, Mohd Daud
Abdullah, Norsazali
Yahya, Hisham
Abdullah, Amini Amir
Ismail, Kamarulzaman
Jusoh, Mohd Kamal Azman
author_facet Awang, Mohd Daud
Abdullah, Norsazali
Yahya, Hisham
Abdullah, Amini Amir
Ismail, Kamarulzaman
Jusoh, Mohd Kamal Azman
author_sort Awang, Mohd Daud
collection UPM
description This paper is prepared to observe the implementation of Islamic trade financing products for Muslim Halal entrepreneurs (MHEs) who have obtained trade financing from Islamic banking institutions in Malaysia. Islamic banking institutions play an important role in developing Muslim Halal businesses and entrepreneurship and Halal entrepreneur economies. This study used qualitative research and in-depth views based on objectives. Interviews were conducted on respondents from bank officers of Islamic banking institutions and analysed the themes as identified by the researchers. The findings of this study show that Islamic banking institutions have successfully their extensive role in helping MHEs in Malaysia. There are two characteristics of roles of Islamic banking institutions in helping MHEs such as the monitoring system and training assistance for MHEs. It also suggested that MHEs need to master the culture of high-quality entrepreneurs such as efficient, systematic, and competitive financial management skills. Finally, both parties; Islamic banking institutions and Muslim entrepreneurs must fulfil their responsibilities accordingly.
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spelling upm.eprints-1103522024-09-05T07:01:44Z http://psasir.upm.edu.my/id/eprint/110352/ The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia Awang, Mohd Daud Abdullah, Norsazali Yahya, Hisham Abdullah, Amini Amir Ismail, Kamarulzaman Jusoh, Mohd Kamal Azman This paper is prepared to observe the implementation of Islamic trade financing products for Muslim Halal entrepreneurs (MHEs) who have obtained trade financing from Islamic banking institutions in Malaysia. Islamic banking institutions play an important role in developing Muslim Halal businesses and entrepreneurship and Halal entrepreneur economies. This study used qualitative research and in-depth views based on objectives. Interviews were conducted on respondents from bank officers of Islamic banking institutions and analysed the themes as identified by the researchers. The findings of this study show that Islamic banking institutions have successfully their extensive role in helping MHEs in Malaysia. There are two characteristics of roles of Islamic banking institutions in helping MHEs such as the monitoring system and training assistance for MHEs. It also suggested that MHEs need to master the culture of high-quality entrepreneurs such as efficient, systematic, and competitive financial management skills. Finally, both parties; Islamic banking institutions and Muslim entrepreneurs must fulfil their responsibilities accordingly. Human Resource Management Academic Research Society 2023-10 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/110352/1/the-implementation-of-islamic-trade-financing-product-by-islamic-banking-institutions-towards-muslim-halal-entrepreneurs-mhe-in-malaysia.pdf Awang, Mohd Daud and Abdullah, Norsazali and Yahya, Hisham and Abdullah, Amini Amir and Ismail, Kamarulzaman and Jusoh, Mohd Kamal Azman (2023) The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia. International Journal of Academic Research in Business and Social Sciences, 13 (16). pp. 174-182. ISSN 2222-6990 https://hrmars.com/index.php/IJARBSS/article/view/18734/The-Implementation-of-Islamic-Trade-Financing-Product-by-Islamic-Banking-Institutions-towards-Muslim-Halal-Entrepreneurs-MHE-in-Malaysia 10.6007/ijarbss/v13-i16/18734
spellingShingle Awang, Mohd Daud
Abdullah, Norsazali
Yahya, Hisham
Abdullah, Amini Amir
Ismail, Kamarulzaman
Jusoh, Mohd Kamal Azman
The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia
title The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia
title_full The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia
title_fullStr The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia
title_full_unstemmed The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia
title_short The implementation of Islamic trade financing product by Islamic banking institutions towards Muslim Halal entrepreneurs (MHE) in Malaysia
title_sort implementation of islamic trade financing product by islamic banking institutions towards muslim halal entrepreneurs mhe in malaysia
url http://psasir.upm.edu.my/id/eprint/110352/1/the-implementation-of-islamic-trade-financing-product-by-islamic-banking-institutions-towards-muslim-halal-entrepreneurs-mhe-in-malaysia.pdf
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