View Article |
The integration of islamic crowdfunding in measuring the sme’s sustainability in Selangor
Al Sarah Alyaa Al Buhari1, Noraini Farhana Mohd Zulhairi2, Abdul Aziz Zakaria3, Azrif Nizam Mhd Razak4, Nur Amira Husna Hasrin5, Norasekin Abd Rashid6, Sara Shakira Shari7.
Small and Medium-Sized Enterprises (SMEs) are one of the largest contributors to
the economy of Malaysia and they can be categorized as non-subsidiary, local companies that
employ fewer than several employees. However, SMEs face a problem with how to sustain the
economy. Thus, this study aims to examine whether technology adoption, competitive
advantage, financial literacy skills, and Islamic crowdfunding affect SMEs’ sustainability. Two
types of data collection were used in this study which are primary and secondary data. A selfadministrated questionnaire is used to collect the primary data with a total number of 259
respondents received from SMEs in Selangor. The data were analysed by using descriptive
analysis and correlation analysis. The findings show that Islamic crowdfunding has the
strongest relationship (r = .521) followed by competitive advantage with (r = .497), technology
adoption with (r = .433), and financial literacy skills with (r = .377) All identified factor shows
a significant relationship with SMEs sustainability with (p = .000). The sustainability of SMEs
is essential to be developed to ensure the economy continues to grow. Therefore, this study
helps SMEs consider Islamic Crowdfunding as one of the tools to sustain their business
industry.
Affiliation:
- Universiti Selangor (UNISEL), Malaysia
- Universiti Selangor (UNISEL), Malaysia
- Universiti Selangor (UNISEL), Malaysia
- Universiti Selangor (UNISEL), Malaysia
- Universiti Selangor (UNISEL), Malaysia
- UiTM Cawangan Selangor Kampus Puncak Alam , Malaysia
- Universiti Selangor (UNISEL), Malaysia
Download this article (This article has been downloaded 12 time(s))
|
|
Indexation |
Indexed by |
MyJurnal (2021) |
H-Index
|
1 |
Immediacy Index
|
0.000 |
Rank |
0 |
|
|
|