Degree of Islamic finance practices among the Malay Muslimpreneurs / Mohd Faizal P.Rameli … [et al.]

P.Rameli, Mohd Faizal and Mohd Amin, Suhaida and Che Mana, Norajila and Mohd Arisa, Noorfazreen and Ab Wahab, Nor Azlina (2020) Degree of Islamic finance practices among the Malay Muslimpreneurs / Mohd Faizal P.Rameli … [et al.]. Journal of Islamic Philanthropy & Social Finance (JIPSF), 2 (2). pp. 61-69. ISSN 2590-3942

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Malay Muslimpreneurs are at the forefront of Malaysia’s liberalizing economy, keen innovators who have adopted the business and Islamic practices in the country. Malay Muslimpreneurs seek to promote economic development while also embedding economic practices within a framework of ethics and moral responsibilities deemed to be ‘Islamic’. The purpose of this paper is to examine the degree of the Islamic finance practicing in determining the practices towards Islamic financing among the Malay Muslimpreneurs. A survey questionnaire is distributed to 95 respondents in Melaka, state of Malaysia. The study show that the Muslimpreneurs has not fulfill all the requirement needed by the Islamic Finance in their entrepreneurial activities. This study also show that only 72% of the respondent has practices at least 80% of Islamic Finance needs and the 28% of them were practiced about 65%- 79% of Islamic Finance needs.


Item Type: Article
Email / ID Num.
P.Rameli, Mohd Faizal
Mohd Amin, Suhaida
Che Mana, Norajila
Mohd Arisa, Noorfazreen
Ab Wahab, Nor Azlina
Subjects: B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam > Islamic ethics
H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty
H Social Sciences > HJ Public Finance > Finance, Islamic
Divisions: Universiti Teknologi MARA, Melaka > Alor Gajah Campus
Journal or Publication Title: Journal of Islamic Philanthropy & Social Finance (JIPSF)
UiTM Journal Collections: UiTM Journal > Journal of Islamic Philanthropy and Social Finance (JIPSF)
ISSN: 2590-3942
Volume: 2
Number: 2
Page Range: pp. 61-69
Keywords: Islamic Finance Practices; Malay Muslimpreneurs; Islamic Ethics
Date: 2020
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