Critical success factors (csf) of zakah-financed small- scale entrepreneurs (zfse): Malaysian experience

Ibrahim, Patmawati and Basir, Siti Arni and Daud, Norizah Critical success factors (csf) of zakah-financed small- scale entrepreneurs (zfse): Malaysian experience. In: International Conference on Technology Management, Business and Entrepreneurship 2012 (ICTMBE 2012), 18-19 December 2012, Renaissance Melaka Hotel, Melaka.

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Abstract

Critical Success Factor (CSF) is a term for an element necessary for an organization or a project to achieve its mission. It is a critical factor, or the activities required to ensure the success of an organisation or a project. The CSF analysis will come out with a list of factors that are critical to the organization and the project to be successful. This paper will discuss on critical success factors of zakah-financed small- scale entrepreneurs (ZFSE) in Malaysia. A study was conducted to identify the critical success factors of these ZFSE projects carried out by most of the zakah centres in Malaysia. Interviews with the successful entrepreneurs were carried out to get micro level information. In addition, interviews with the management of states’ zakah management centre in Malaysia had also been undertaken to seek views and information from them. Based on the experience of successful zakah-financed entrepreneurs, the critical success factors were identified and analysed in terms of their contribution in influencing the success of the business. As a result, the study has identified list of critical success factors that are most crucial to ensure the success of the ZFSE projects. This paper will discuss on these findings that can serve as a guideline to the other entrepreneurs, as well as the zakah centres and other relevant institutions in Malaysia.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:Islamic economics; Critical success factor (CSF); zakah institution; micro finance;entrepreneurship
Subjects:H Social Sciences > HB Economic Theory
Divisions:Faculty of Technology Management, Business and Entrepreneurship > Department of Management and Technology
ID Code:3384
Deposited By:Ms Aryanti Ahmad
Deposited On:07 Jan 2013 13:04
Last Modified:07 Jan 2013 13:04

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