Crowdfunding: A new phenomenon of philantrophic method / Nurzahidah Jaafar … [et al.]

Jaafar, Nurzahidah and Syed Abdullah, Sharifah Fadylawaty and Daud, Mohd Zaid and Mohd Nasir, Mazni Natasha (2017) Crowdfunding: A new phenomenon of philantrophic method / Nurzahidah Jaafar … [et al.]. In: 2nd International Islamic Heritage Conference (ISHEC 2017), 14-15 November 2017, Avillion Hotel Melaka.

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Abstract

Raising money for whatever purpose can be a daunting process. Great ideas without the financial clout that will turn them into profitable ventures inevitably fizzle out. Crowdfunding, a practice of funding a venture by raising money from a large number of people, has grown in popularity as of late and allowing entrepreneurially skilled individuals to request funding from the public or crowd, which in return will get the product. Yet, this philanthropic platform is still unfamiliar amongst Asian Community due to lack of understanding and technological development within this region. The primary objective of this article is to explain the application of the crowdfunding concept through selected established model for the benefit of society in order to be more aware of this platform. In conclusion, it is hope this article will give advantages for the betterment of socioeconomic and education in Malaysia.

Item Type: Conference or Workshop Item (Paper)
Creators:
CreatorsEmail
Jaafar, NurzahidahUNSPECIFIED
Syed Abdullah, Sharifah FadylawatyUNSPECIFIED
Daud, Mohd ZaidUNSPECIFIED
Mohd Nasir, Mazni NatashaUNSPECIFIED
Divisions: Universiti Teknologi MARA, Melaka > Alor Gajah Campus
Event Title: 2nd International Islamic Heritage Conference (ISHEC 2017)
Event Dates: 14-15 November 2017
Page Range: pp. 675-685
Item ID: 20204
Uncontrolled Keywords: Crowdfunding; New phenomenon; Philantrophic method
Last Modified: 11 Mar 2019 04:16
Depositing User: Staf Pendigitalan 7
URI: http://ir.uitm.edu.my/id/eprint/20204

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