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...
Main Authors: | , , , , , |
---|---|
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 |
_version_ | 1825939856341073920 |
---|---|
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. |
first_indexed | 2024-09-25T03:43:05Z |
format | Article |
id | upm.eprints-110352 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-09-25T03:43:05Z |
publishDate | 2023 |
publisher | Human Resource Management Academic Research Society |
record_format | dspace |
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 |
work_keys_str_mv | AT awangmohddaud theimplementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT abdullahnorsazali theimplementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT yahyahisham theimplementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT abdullahaminiamir theimplementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT ismailkamarulzaman theimplementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT jusohmohdkamalazman theimplementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT awangmohddaud implementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT abdullahnorsazali implementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT yahyahisham implementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT abdullahaminiamir implementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT ismailkamarulzaman implementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia AT jusohmohdkamalazman implementationofislamictradefinancingproductbyislamicbankinginstitutionstowardsmuslimhalalentrepreneursmheinmalaysia |