scholarly journals Debt-Based Versus Equity-Based Financing: A Comparative Analysis on Efficiency of Islamic Financial System

2020 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Abdullateef Abdulqadir Maikabara ◽  
Sri Maulida ◽  
Abdulmajeed M Aderemi
Keyword(s):  
Economic Development ◽  
Small And Medium Enterprises ◽  
Financial System ◽  
Secondary Data ◽  
Small Scale ◽  
Partnership Model ◽  
Socio Economic Development ◽  
Financing Model ◽  
Data Collection Technique ◽  
Medium Enterprises

Introduction to The Problem: The financial system, as a subset of economics, plays a prominent role in solidifying the socio-economic development and wellbeing of people of a society. However, debt-based and equity-based financing are the main models employed by Islamic financial institutions to help small and medium enterprises (SMEs) that need funding to facilitate their businesses' projects. Operationally, debt-based financing seems to be the prominent financing model than equity-based financing, which only accounts for either zero or small scale in Islamic financial institutions.Objective Study: This study explores the rightful financing model that can contribute much better to the efficiency of the Islamic financial system in achieving socio-economic development.Methodology: To achieve the study's purpose, a literature-based method and secondary data collection technique are adopted as related previous studies from articles, books, conferences, and working papers are reviewed and analyzed.Findings: Equity-based model as a partnership model is somewhat more productive in contributing to socio-economic development than debt-based financing, but not being widely applied due to specific issues such as high risk, agency problem, costumer’s awareness, and sensitivity, and others more. It is recommended that researchers empirically investigate the suitable financing model between debt-based and equity-based financing models to ensure the achievement of sustainable socio-economic development.

scholarly journals THE ROLE OF SMALL AND MEDIUM-SIZED BUSINESSES IN THE SOCIO-ECONOMIC DEVELOPMENT OF COMPANY TOWNS

2014 ◽  
pp. 88-93
Author(s):  
E. V. Reznikova
Keyword(s):  
Economic Development ◽  
Small And Medium Enterprises ◽  
State Support ◽  
Company Towns ◽  
Socio Economic Development ◽  
Single Industry ◽  
Medium Businesses ◽  
Medium Enterprises ◽  
Made In

The development of small and medium enterprises (SME) plays an important role in the comprehensive modernization of the economy of single-industry towns, acting as a factor of its growth and diversification. The analysis of the dynamics of the development of SME of non-diversified municipal formations and directions of its state support was made, suggestions on the monitoring organization of statistical factors of SME in single-industry towns and on the development of comprehensive investment plans on modernization of single-industry towns were made in a part of the development and support of small and medium businesses in single-industry towns.

scholarly journals UPAYA PENINGKATAN KESEJAHTERAAN PELAKU UMKM DI KECAMATAN LAWANG DENGAN PEMBIAYAAN MUDHARABAH PADA BANK SYARIAH MANDIRI KCP LAWANG

2020 ◽  
Vol 11 (2) ◽  
pp. 259-276
Author(s):  
Aslikhah
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
National Economic ◽  
New Business ◽  
Strategic Role ◽  
National Economic Development ◽  
Data Collection Technique ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have an important and strategic role in national economic development. In addition to playing a role in economic growth and employment, MSMEs also play a role in distributing development resultsThe purpose of this research is to find out how the efforts to improve the welfare of MSMEs actors in Lawang sub-district through Mudharabah financing at Bank Syari'ah Mandiri KCP Lawang. The method used in this research is the qualitative method. The data collection technique is by observing, interviewing and documenting the stakeholders fram Bank Syariah Mandiri KCP Lawang, as well as MSMEs actors who receive mudharabah financing from BSM KCP Lawang.The results of this study indicate that mudharabah financing at Bank Syariah Mandiri KCP Lawang has a fairly central contribution in improving the welfare of micro and small business actors which is characterized by the presence of new business actors each year. This is a benchmark for the success of mudharabah financing products in the community and as a benchmark for the success of a banking product in increasing the productivity of financing products.

A New Model of Small Business Organization

2016 ◽  
Vol 5 (2) ◽  
pp. 17-21
Author(s):  
Жуков ◽  
R. Zhukov
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Small And Medium Enterprises ◽  
Business Organization ◽  
Government Action ◽  
Franchise System ◽  
Russian Economy ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Medium Enterprises

In terms of Government action aimed at ensuring sustainable socio-economic development of the Russian Federation in 2016 22 points are devoted to the situation of small and medium enterprises. However, funding is one-sided. In this connection, the necessity of creation of the state franchise system is justified. A sequence of implementation and the effects of state franchise system on the Russian economy is considered.

scholarly journals Impact of COVID -19 on MSMEs in India

2020 ◽  
Vol 6 (6) ◽  
pp. 76-79
Author(s):  
Pradeep Kumar N
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Production ◽  
Employment Growth ◽  
Central Government ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Indian Economy ◽  
Liquidity Measures ◽  
Medium Enterprises

The Micro Small and Medium enterprises (MSMEs) have been accepted as the engine of economic growth and play an important role in the equitable economic development of country.The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports.Coronavirus outbreak is eroding the already battered Indian economy in more ways than one.MSMEs, which is a crucial pillar of emerging economy like India’s are not able to do business as usual.The main objective of the study is to measure the major liquidity measures announced by the Central Government in this pandemic situation and to identify the rise of MSMEs in India and the initiatives by the banks. The study is based on the secondary data.

STRATEGI PEMASARAN UMKM

2018 ◽  
Vol 3 (2) ◽  
pp. 191-198
Author(s):  
Ahmad Tarmizi
Keyword(s):  
Economic Development ◽  
Driving Forces ◽  
Brand Image ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Marketing Strategies ◽  
Economic Activities ◽  
Technological Developments ◽  
Market Leader ◽  
Medium Enterprises

This article is a summary of several journals that were rereviewed about the Micro, Small and Medium Enterprises (MSMEs) Marketing Strategy. MSMEs are one of the leading driving forces in economic development and play a significant role in the economy. Economic players such as the owners of MSMEs now not only can produce a product, but also must adapt and implement technological developments into their economic activities. So that the marketing strategies of MSME owners become complex and numerous. The purpose of this study is to identify marketing strategies in the development of MSMEs. The data obtained is from the literature studies of existing journals as secondary data. The results obtained show that there are two strategies in the marketing of MSMEs which become priority strategies, namely: (1) The owner of MSMEs applies e-commerce to become a market leader, (2) The owners of MSMEs provide branding to emerge brand image of their products. Keywords: E-commerce, Brand Image, Strategi Pemasaran, UMKM

scholarly journals MACROECONOMIC BUSINESS ENVIRONMENT AND THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA

2021 ◽  
Vol 26 (4) ◽  
pp. 93-105
Author(s):  
Moruff Sanjo Oladimeji ◽  
Nurudeen Afolabi Sofoluwe ◽  
Henry Adewale Odunaya
Keyword(s):  
Purchasing Power Parity ◽  
Inflation Rate ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Business Environment ◽  
Small Scale ◽  
Power Parity ◽  
Global Environmental ◽  
Medium Enterprises ◽  
Economic Constraints

The study evaluates the effect of the global macro-economic business environment on the development of Small-Scale and Medium-Sized Enterprises (SMEs) in Nigeria. Secondary data on the global macro-economic index of SMEs businesses were selected over 35 years (1985–2019). The data collected were analysed using descriptive statistics and multiple regression analysis techniques. The study revealed the positive coefficient value of 354 836.6525 and 24 141 873.6 for the gross domestic product (GDP) on Purchasing Power Parity (PPP) and Budget variables. A negative coefficient value of –16347085.61 and –232997.0657 was obtained for the inflation rate and the exchange rate, respectively. The coefficient values show the level at which the development of SMEs businesses was affected through the global environmental factors. The study concluded that the global macro-economic business environment directly affects the development of SMEs businesses. The study recommends a policy strategy that will face out the global macro-economic constraints affecting SMEs businesses.

scholarly journals UPAYA PENINGKATAN KESEJAHTERAAN PELAKU UMKM DI KECAMATAN LAWANG MELAUI PEMBIAYAAN MUDHARABAH PADA BANK SYARIAH MANDIRI KCP LAWANG

2019 ◽  
Vol 11 (1) ◽  
pp. 121-138
Author(s):  
Aslikhah
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
National Economic ◽  
New Business ◽  
Strategic Role ◽  
National Economic Development ◽  
Data Collection Technique ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have an important and strategic role in national economic development. In addition to playing a role in economic growth and employment, MSMEs also play a role in distributing development resultsThe purpose of this research is to find out how the efforts to improve the welfare of MSMEs actors in Lawang sub-district through Mudharabah financing at Bank Syari'ah Mandiri KCP Lawang. The method used in this research is the qualitative method. The data collection technique is by observing, interviewing and documenting the stakeholders fram Bank Syariah Mandiri KCP Lawang, as well as MSMEs actors who receive mudharabah financing from BSM KCP Lawang.The results of this study indicate that mudharabah financing at Bank Syariah Mandiri KCP Lawang has a fairly central contribution in improving the welfare of micro and small business actors which is characterized by the presence of new business actors each year. This is a benchmark for the success of mudharabah financing products in the community and as a benchmark for the success of a banking product in increasing the productivity of financing products.

scholarly journals Entrepreneurship development as a factor intensify cooperation in rural areas of Ukraine

2017 ◽  
Vol 12 (4) ◽  
pp. 183-192
Author(s):  
Inna Kulish
Keyword(s):  
Economic Development ◽  
Rural Areas ◽  
Small And Medium Enterprises ◽  
Entrepreneurship Development ◽  
Agricultural Enterprises ◽  
Socio Economic Development ◽  
Medium Enterprises

This article is devoted to the problems of development of small and medium enterprises in rural areas of Ukraine. It is shown how the cooperation of small and medium-sized enterprises can affect the overall development of rural areas and increase its competitiveness. The influence of agroholdings on the development of small and medium-sized enterprises and cooperation in rural areas of Ukraine is shown. The influence of non-agricultural enterprises on the socio-economic development of rural areas is determined.

scholarly journals A STUDY ON THE PERFORMANCE OF SMALL SCALE SECTORS IN KANYAKUMARI DISTRICT

2016 ◽  
Vol 4 (5SE) ◽  
pp. 92-97
Author(s):  
Sugin Raj ◽  
K.V.Soundara Raja
Keyword(s):  
Crucial Role ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Capital Cost ◽  
Small Scale ◽  
Employment Opportunities ◽  
Indian Economy ◽  
And Performance ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural and backward areas.  This paper assesses the growth and performance of MSMEs in Kanyakumari district on the number of enterprises, investment, employment generated and money value of the production. The performance of MSMEs assessed with the secondary data from 1984-85 to 2014-2015

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