Please use this identifier to cite or link to this item:
http://studentrepo.iium.edu.my/handle/123456789/2307
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Raheem, Mohamed Mahees | en_US |
dc.date.accessioned | 2020-08-20T09:44:41Z | - |
dc.date.available | 2020-08-20T09:44:41Z | - |
dc.date.issued | 2019 | - |
dc.identifier.uri | http://studentrepo.iium.edu.my/jspui/handle/123456789/2307 | - |
dc.description.abstract | Studies have shown that MSMEs enhance competition through economy-wide entrepreneurship, encouraging innovation and improving efficiency as their industries grow. Due to their size, Malaysian MSMEs face many problems with regards to business operations, one of which is access to financing for working capital management. The thesis sought to identify the main problems faced by Malaysian MSMEs in raising finance to meet their working capital requirements in business operations, and also discussed the usage and impact of trade credit within local MSMEs. The main finding of this study was that access to financing, heavy competition from peers, and production and labour costs were the main pressing issues for MSMEs in the Klang Valley. In addition, the reluctance of over half the MSMEs to accept the terms of the loans due to high costs indicate a huge opportunity for cheaper financing alternatives. On trade credit offering practices, it was found that majority of MSMEs offer no trade credit and demand Cash-on-Delivery (COD) from their customers. When the MSME is the buyer, the most common term quoted is also COD, entailing that they must pay cash upon delivery, and requires them to often ensure sufficient liquidity to meet needs. An alternative financing strategy that utilises complementary currency backed by trade credit is then proposed for adoption by MSMEs to boost their liquidity positions. This clearing system incorporates the elements of trade credit financing, complementary currencies, credit clearing and bay al dayn to come up with an alternative payment system that would provide benefit for all stakeholders involved. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Kuala Lumpur : International Islamic University Malaysia, 2019 | en_US |
dc.rights | Copyright International Islamic University Malaysia | |
dc.subject.lcsh | Credit -- Management | en_US |
dc.subject.lcsh | Working capital -- Management | en_US |
dc.subject.lcsh | Small business -- Malaysia | en_US |
dc.title | Developing alternative credit clearance model for business enterprises in Malaysia | en_US |
dc.type | Doctoral Thesis | en_US |
dc.identifier.url | https://lib.iium.edu.my/mom/services/mom/document/getFile/EM7YeGS8GTu2VsXAJhveGGbUe92X0wbV20200304125233995 | - |
dc.description.identity | t11100414451MohdMaheesRaheem | en_US |
dc.description.identifier | Thesis : Developing alternative credit clearance model for business enterprises in Malaysia /by Mohamed Mahees Raheem | en_US |
dc.description.kulliyah | IIUM Institute of Islamic Banking and Finance | en_US |
dc.description.programme | Doctor of Philosophy in Islamic Banking and Finance. | en_US |
dc.description.degreelevel | Doctoral | en_US |
dc.description.callnumber | t BPH 268.5 R34 2019 | en_US |
dc.description.notes | Thesis (Ph.D)--International Islamic University Malaysia, 2019. | en_US |
dc.description.physicaldescription | xiv, 210 leaves :illustrations ;30cm. | en_US |
item.openairetype | Doctoral Thesis | - |
item.grantfulltext | open | - |
item.fulltext | With Fulltext | - |
item.languageiso639-1 | en | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
Appears in Collections: | IIBF Thesis |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
t11100414451MohdMaheesRaheem_SEC_24.pdf | 24 pages file | 289.1 kB | Adobe PDF | View/Open |
t11100414451MohdMaheesRaheem_SEC.pdf Restricted Access | Full text secured file | 1.77 MB | Adobe PDF | View/Open Request a copy |
Page view(s)
66
checked on May 20, 2021
Download(s)
36
checked on May 20, 2021
Google ScholarTM
Check
Items in this repository are protected by copyright, with all rights reserved, unless otherwise indicated. Please give due acknowledgement and credits to the original authors and IIUM where applicable. No items shall be used for commercialization purposes except with written consent from the author.