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The current landscape of Malaysian Islamic crowdfunding and future forward

Abdul Muneem et al.

International Journal of Business and Systems Research2025https://doi.org/10.1504/ijbsr.2025.145490article
AJG 1
Weight
0.37

What the paper says

This research aims to study the current development and progress of Islamic crowdfunding in Malaysia and to recommend viable solutions to the issues and challenges from the Sharīʿah perspective. The study finds that crowdfunding is an alternative financing method enabling ventures to secure funds from the public. While its benefits outweigh potential risks, Islamic equity crowdfunding and peer-to-peer financing must align with Sharīʿah principles, avoiding ribā (interest), gharar (uncertainty), and maisir (gambling). The study highlights the significant potential of Sharīʿah-compliant crowdfunding in Malaysia, supported by its growing presence in the market. However, challenges remain, such as establishing proper Sharīʿah standards, adopting appropriate contracts, enhancing Sharīʿah governance, and raising awareness. Addressing these issues through structured guidelines, promotion, and technological advancements is crucial for sustainable growth and compliance with Islamic principles.

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https://doi.org/https://doi.org/10.1504/ijbsr.2025.145490

Or copy a formatted citation

@article{abdul2025,
  title        = {{The current landscape of Malaysian Islamic crowdfunding and future forward}},
  author       = {Abdul Muneem et al.},
  journal      = {International Journal of Business and Systems Research},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1504/ijbsr.2025.145490},
}

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The current landscape of Malaysian Islamic crowdfunding and future forward

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.