The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali

The role played by the non financial institutions such as Credit Guarantee Corporation (CGC), has marked a new way for the entrepreneurs to get an access to financing, even without collateral. Significantly, with the introduction of Islamic Financing Guarantee Schemes, the entrepreneurs have better...

Full description

Saved in:

Bibliographic Details
Main Author:	Ali, Husniyati
Format:	Thesis
Language:	English
Published:	2018
Subjects:	Finance Islamic
Online Access:	https://ir.uitm.edu.my/id/eprint/27585/1/TP_HUSNIYATI%20ALI%20BM%2018_5.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uitm-ir.27585
record_format	uketd_dc
spelling	my-uitm-ir.275852024-02-27T03:20:00Z The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali 2018 Ali, Husniyati Finance, Islamic The role played by the non financial institutions such as Credit Guarantee Corporation (CGC), has marked a new way for the entrepreneurs to get an access to financing, even without collateral. Significantly, with the introduction of Islamic Financing Guarantee Schemes, the entrepreneurs have better choice of financing, since it is free from riba and gharar, and is based on underlying productive economic activity, hence generate legitimate income and wealth. The Islamic financing guarantee scheme chosen in this study is Direct Access Guarantee Scheme (DAGS-i). A total of 42 firms are involved in this study, from years 2006 to 2014, with total observations of 378. Firms are being grouped under three industries; namely Logistic and Transportation, Construction and Engineering and Services. To what extend do the firms are efficient in using this scheme in their operation? Do they really achieve the cost, profit and revenues efficiencies? The Data Envelopment Analysis (DEA) has been employed to measure these efficiencies. The result indicates that Magna Prima Construction Sdn Bhd, Doyes Engineering Sdn. Bhd, Ecochaste Shipping Sdn Bhd, SAP Air Hitam Properties Sdn Bhd, and Redtone Technology Sdn Bhd are the most efficient firms. They have achieved the efficiencies scores of 1 of their cost, profit and revenue, throughout the period of observations. The other firms have to adjust their operations in order to be efficient and are advised to benchmark against the efficient firms. The study recommends that thorough monitoring and advising from CGC and peer assistance would help inefficient firm to improve and sustain in the industry, even towards creating a venture capital between the firms. 2018 Thesis https://ir.uitm.edu.my/id/eprint/27585/ https://ir.uitm.edu.my/id/eprint/27585/1/TP_HUSNIYATI%20ALI%20BM%2018_5.pdf text en public phd doctoral Universiti Teknologi MARA Faculty of Business and Management
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Finance Islamic
spellingShingle	Finance Islamic Ali, Husniyati The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali
description	The role played by the non financial institutions such as Credit Guarantee Corporation (CGC), has marked a new way for the entrepreneurs to get an access to financing, even without collateral. Significantly, with the introduction of Islamic Financing Guarantee Schemes, the entrepreneurs have better choice of financing, since it is free from riba and gharar, and is based on underlying productive economic activity, hence generate legitimate income and wealth. The Islamic financing guarantee scheme chosen in this study is Direct Access Guarantee Scheme (DAGS-i). A total of 42 firms are involved in this study, from years 2006 to 2014, with total observations of 378. Firms are being grouped under three industries; namely Logistic and Transportation, Construction and Engineering and Services. To what extend do the firms are efficient in using this scheme in their operation? Do they really achieve the cost, profit and revenues efficiencies? The Data Envelopment Analysis (DEA) has been employed to measure these efficiencies. The result indicates that Magna Prima Construction Sdn Bhd, Doyes Engineering Sdn. Bhd, Ecochaste Shipping Sdn Bhd, SAP Air Hitam Properties Sdn Bhd, and Redtone Technology Sdn Bhd are the most efficient firms. They have achieved the efficiencies scores of 1 of their cost, profit and revenue, throughout the period of observations. The other firms have to adjust their operations in order to be efficient and are advised to benchmark against the efficient firms. The study recommends that thorough monitoring and advising from CGC and peer assistance would help inefficient firm to improve and sustain in the industry, even towards creating a venture capital between the firms.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Ali, Husniyati
author_facet	Ali, Husniyati
author_sort	Ali, Husniyati
title	The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali
title_short	The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali
title_full	The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali
title_fullStr	The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali
title_full_unstemmed	The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali
title_sort	economics of islamic financing guarantee scheme of credit guarantee corporation (cgc) / husniyati ali
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Business and Management
publishDate	2018
url	https://ir.uitm.edu.my/id/eprint/27585/1/TP_HUSNIYATI%20ALI%20BM%2018_5.pdf
_version_	1794191809455325184

The economics of Islamic financing guarantee scheme of Credit Guarantee Corporation (CGC) / Husniyati Ali

Similar Items