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SMEs halal operators and Islamic financial planning

Small medium-sized enterprises (SMEs) in Malaysia are expected to contribute more than 40% to country’s gross domestic product (GDP) by 2020. High demand for halal products and services further increases the role of SMEs in the economy. Thus, SMEs are urged to get halal certification to seize lucrat...

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Main Authors: Muhammad, Junaina, Ahmad, Mukhlis
Format: Conference or Workshop Item
Language:English
Published: Halal Products Research Institute, Universiti Putra Malaysia 2014
Online Access:http://psasir.upm.edu.my/id/eprint/63962/1/M46.pdf
http://psasir.upm.edu.my/id/eprint/63962/
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spelling my.upm.eprints.639622018-06-08T00:27:27Z http://psasir.upm.edu.my/id/eprint/63962/ SMEs halal operators and Islamic financial planning Muhammad, Junaina Ahmad, Mukhlis Small medium-sized enterprises (SMEs) in Malaysia are expected to contribute more than 40% to country’s gross domestic product (GDP) by 2020. High demand for halal products and services further increases the role of SMEs in the economy. Thus, SMEs are urged to get halal certification to seize lucrative opportunities in the global halal sectors. To ensure that the whole production process is halal, SMEs halal operators are to apply Islamic financial planning not only in production process but also in the source of financing and investing activity. This study explores the knowledge, acceptance and application of Islamic financial planning among SMEs halal operators in Selangor. The findings suggest that there are significant relationship between knowledge, acceptance and application of Islamic financial planning among SMEs halal operators in Selangor. This relationship recognizes the importance of knowledge and practice of Islamic financial planning among SMEs halal operators to promote halal products and services and to boost demand for Malaysian halal products image at the international level. Halal Products Research Institute, Universiti Putra Malaysia 2014 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/63962/1/M46.pdf Muhammad, Junaina and Ahmad, Mukhlis (2014) SMEs halal operators and Islamic financial planning. In: Malaysia International Halal Research & Education Conference 2014 (MIHREC 2014), 2-4 Dec. 2014, Marriott Putrajaya Hotel, Malaysia. (p. 287).
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Small medium-sized enterprises (SMEs) in Malaysia are expected to contribute more than 40% to country’s gross domestic product (GDP) by 2020. High demand for halal products and services further increases the role of SMEs in the economy. Thus, SMEs are urged to get halal certification to seize lucrative opportunities in the global halal sectors. To ensure that the whole production process is halal, SMEs halal operators are to apply Islamic financial planning not only in production process but also in the source of financing and investing activity. This study explores the knowledge, acceptance and application of Islamic financial planning among SMEs halal operators in Selangor. The findings suggest that there are significant relationship between knowledge, acceptance and application of Islamic financial planning among SMEs halal operators in Selangor. This relationship recognizes the importance of knowledge and practice of Islamic financial planning among SMEs halal operators to promote halal products and services and to boost demand for Malaysian halal products image at the international level.
format Conference or Workshop Item
author Muhammad, Junaina
Ahmad, Mukhlis
spellingShingle Muhammad, Junaina
Ahmad, Mukhlis
SMEs halal operators and Islamic financial planning
author_facet Muhammad, Junaina
Ahmad, Mukhlis
author_sort Muhammad, Junaina
title SMEs halal operators and Islamic financial planning
title_short SMEs halal operators and Islamic financial planning
title_full SMEs halal operators and Islamic financial planning
title_fullStr SMEs halal operators and Islamic financial planning
title_full_unstemmed SMEs halal operators and Islamic financial planning
title_sort smes halal operators and islamic financial planning
publisher Halal Products Research Institute, Universiti Putra Malaysia
publishDate 2014
url http://psasir.upm.edu.my/id/eprint/63962/1/M46.pdf
http://psasir.upm.edu.my/id/eprint/63962/
_version_ 1643837886074716160
score 13.211869

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