Abstract
The Sharīʿah-based and Information and Communication Technology (ICT)-driven Microfinance Model (SIMM) represents a community-oriented initiative designed to combat severe poverty within society. A notable limitation of existing microfinance institutions (MFIs) is their inability to incorporate extremely impoverished individuals into their client base. This longitudinal study employed a quantitative methodology to assess the internal processes of SIMM through a pilot study involving 421 rural households in Kalainagar village, Bangladesh. The evaluation of SIMM’s internal processes was grounded in five critical factors: microfinance model (MFM), ICT utilization, investment values (IV), entrepreneurial values (EV), and business values (BV). To explore the interrelationships among these factors, Partial Least Squares Structural Equation Modeling (PLS-SEM) was employed. The findings revealed significant and positive relationships among the constructs. Additionally, a robustness test was conducted to further substantiate the internal processes of SIMM. As a community-based microfinance model, SIMM exhibits substantial potential for alleviating extreme poverty in rural communities.
Metadata
| Item Type: | Article |
|---|---|
| Creators: | Creators Email / ID Num. Khalequzzaman, Mohammad UNSPECIFIED Ab Rahman, Asmak asmak@um.edu.my Kamsin, Amirrudin UNSPECIFIED |
| Subjects: | H Social Sciences > HG Finance H Social Sciences > HG Finance > Microfinance |
| Divisions: | Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI) |
| Journal or Publication Title: | Asia-Pacific Management Accounting Journal (APMAJ) |
| UiTM Journal Collections: | UiTM Journals > Asia-Pacific Management Accounting Journal (APMAJ) |
| ISSN: | 2550-1631 |
| Volume: | 20 |
| Number: | 2 |
| Page Range: | pp. 191-224 |
| Keywords: | Microfinance model, Performance evaluation, Poverty alleviation, Religious studies, Longitudinal study |
| Date: | August 2025 |
| URI: | https://ir.uitm.edu.my/id/eprint/122499 |
