Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka

In this study, researchers discuss about the reform strategy in the distribution of business capital assistance to asnaf entrepreneurs in MAIM, Melaka. Onee types of assistance that has been channeled by the management and administration of MAIM zakat is the assistance in the form of business capita...

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Main Authors: Abang Abai, Dayang Shobihah, Awang, Mohd Daud
Format: Article
Published: Human Resource Management Academic Research Society 2021
Online Access:http://psasir.upm.edu.my/id/eprint/95170/
https://hrmars.com/index.php/IJARBSS/article/view/11394/Strategy-of-Business-Capital-Assistance-to-ASNAF-Entrepreneurs-A-Study-in-Maim-Melaka
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spelling my.upm.eprints.951702023-04-12T02:24:28Z http://psasir.upm.edu.my/id/eprint/95170/ Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka Abang Abai, Dayang Shobihah Awang, Mohd Daud In this study, researchers discuss about the reform strategy in the distribution of business capital assistance to asnaf entrepreneurs in MAIM, Melaka. Onee types of assistance that has been channeled by the management and administration of MAIM zakat is the assistance in the form of business capital. Providing capital can generate long term income and help transform them into entrepreneurs and subsequently change from zakat recipients to zakat payers. However, it is often claimed that the assistance provided is not economically effective. Most of the assistance recipients experienced failures and the main reason given was facing capital related problems. This study aims to identify the form of capital assistance distribution conducted in MAIM, Melaka as well as to identify strategies to improve the distribution of business capital assistance to asnaf entrepreneurs. This study uses a qualitative study design that uses interviews and documentation methods. Interviews were conducted on zakat officers and several asnaf entrepreneurs who received business capital assistance. The results of this study have produced two themes based on two questions. The themes that emerged from the first question were capital, financial and equipment capital assistsnce. While the second question is training strategy and gradual monitoring. It is hoped that the findings of this study can provide useful information to zakat institutions to further improve the efficiency of zakat distribution to asnaf entrepreneurs in Melaka. Human Resource Management Academic Research Society 2021-10-20 Article PeerReviewed Abang Abai, Dayang Shobihah and Awang, Mohd Daud (2021) Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka. International Journal of Academic Research in Business and Social Sciences, 11 (17). 92 - 98. ISSN 2222-6990 https://hrmars.com/index.php/IJARBSS/article/view/11394/Strategy-of-Business-Capital-Assistance-to-ASNAF-Entrepreneurs-A-Study-in-Maim-Melaka 10.6007/IJARBSS/v11-i17/11394
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/
description In this study, researchers discuss about the reform strategy in the distribution of business capital assistance to asnaf entrepreneurs in MAIM, Melaka. Onee types of assistance that has been channeled by the management and administration of MAIM zakat is the assistance in the form of business capital. Providing capital can generate long term income and help transform them into entrepreneurs and subsequently change from zakat recipients to zakat payers. However, it is often claimed that the assistance provided is not economically effective. Most of the assistance recipients experienced failures and the main reason given was facing capital related problems. This study aims to identify the form of capital assistance distribution conducted in MAIM, Melaka as well as to identify strategies to improve the distribution of business capital assistance to asnaf entrepreneurs. This study uses a qualitative study design that uses interviews and documentation methods. Interviews were conducted on zakat officers and several asnaf entrepreneurs who received business capital assistance. The results of this study have produced two themes based on two questions. The themes that emerged from the first question were capital, financial and equipment capital assistsnce. While the second question is training strategy and gradual monitoring. It is hoped that the findings of this study can provide useful information to zakat institutions to further improve the efficiency of zakat distribution to asnaf entrepreneurs in Melaka.
format Article
author Abang Abai, Dayang Shobihah
Awang, Mohd Daud
spellingShingle Abang Abai, Dayang Shobihah
Awang, Mohd Daud
Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka
author_facet Abang Abai, Dayang Shobihah
Awang, Mohd Daud
author_sort Abang Abai, Dayang Shobihah
title Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka
title_short Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka
title_full Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka
title_fullStr Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka
title_full_unstemmed Strategy of business capital assistance to ASNAF entrepreneurs: a study in Maim, Melaka
title_sort strategy of business capital assistance to asnaf entrepreneurs: a study in maim, melaka
publisher Human Resource Management Academic Research Society
publishDate 2021
url http://psasir.upm.edu.my/id/eprint/95170/
https://hrmars.com/index.php/IJARBSS/article/view/11394/Strategy-of-Business-Capital-Assistance-to-ASNAF-Entrepreneurs-A-Study-in-Maim-Melaka
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score 13.211869