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- W2948646703 abstract "The implementation of ar-rahnuscheme which aims to assist the poor and enhance Islamic banking institutionin Malaysia, since 1993 has proven to be able to provide immediate micro financing services to those withfinancial difficulties. Nevertheless, after two decades in operation, it is found that the involvement ofmembers of Malaysian society in the scheme is still relatively low where the participants are mainly those oflow income and the poor. The unique scheme which is not driven by profit-making and free of riba (usury)elements should be expanded to benefit all people and not confined to certain groups only. Hence, this studyis conducted to identify the level of knowledge among general public about the ar-rahnu system and the levelof acceptance among the masses of the scheme as a means to solve financial problems. It is hoped that thestudy which focuses on ar-rahnu institution of YaPEIM can be used as a guideline by relevant agencies orparties to ensure greater involvement of members of the society in the scheme, thus further augment theposition of ar-rahnu institution in mainstream Islamic banking system in Malaysia." @default.
- W2948646703 created "2019-06-14" @default.
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- W2948646703 date "2017-08-01" @default.
- W2948646703 modified "2023-09-27" @default.
- W2948646703 title "Ar-Rahnu scheme as flexible micro financing mechanism for society: Case study on YAPEIM Ar-Rahnu in State of Perak" @default.
- W2948646703 hasPublicationYear "2017" @default.
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