CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL

Marwa Al Fares; Omar Kachkar; Tawfik Azrak

doi:10.54863/jief.1065828

EN TR

CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL

Öz

This conceptual paper primarily explores the current applications of credit guarantee (CG) in selected government institutions. Two CG government programs have been selected. The theoretical discussions have covered the underpinnings concepts, mainly kafalah contract and cash waqf. To this effect, the shariah stand on charging fees for kafalah has been highlighted along with the latest resolutions and decisions of shariah academies and institutions are cited. The discussions of the paper resulted in a conceptual CG framework based on cash waqf. The qualitative method is used, and an extensive desk review of the existing literature has been conducted. This paper found that the Malaysian CG program has a special Islamic scheme to offer CG, nonetheless the program uses the concept of Kafalah bil-ujrah where it charges fees directly from the client with various rates. This paper argues that cash waqf perfectly fits as a source of funding for providing CG.

Anahtar Kelimeler

SMEs, Credit Guarantee, Cash Waqf, Kafalah, Conceptual Model

Kaynakça

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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yazarlar

Marwa Al Fares
0000-0003-1212-5719
Türkiye

Omar Kachkar
0000-0001-7786-8893
Türkiye

Tawfik Azrak ^*
0000-0001-9059-2115
Türkiye

Yayımlanma Tarihi

30 Haziran 2022

Gönderilme Tarihi

31 Ocak 2022

Kabul Tarihi

9 Nisan 2022

Yayımlandığı Sayı

Yıl 2022 Cilt: 8 Sayı: 1

DOI

https://doi.org/10.54863/jief.1065828

IZ

https://izlik.org/JA45XR27SN

APA

Al Fares, M., Kachkar, O., & Azrak, T. (2022). CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL. İslam Ekonomisi ve Finansı Dergisi (İEFD), 8(1), 1-32. https://doi.org/10.54863/jief.1065828

AMA

1.Al Fares M, Kachkar O, Azrak T. CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL. JIEF. 2022;8(1):1-32. doi:10.54863/jief.1065828

Chicago

Al Fares, Marwa, Omar Kachkar, ve Tawfik Azrak. 2022. “CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL”. İslam Ekonomisi ve Finansı Dergisi (İEFD) 8 (1): 1-32. https://doi.org/10.54863/jief.1065828.

EndNote

Al Fares M, Kachkar O, Azrak T (01 Haziran 2022) CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL. İslam Ekonomisi ve Finansı Dergisi (İEFD) 8 1 1–32.

IEEE

[1]M. Al Fares, O. Kachkar, ve T. Azrak, “CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL”, JIEF, c. 8, sy 1, ss. 1–32, Haz. 2022, doi: 10.54863/jief.1065828.

ISNAD

Al Fares, Marwa - Kachkar, Omar - Azrak, Tawfik. “CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL”. İslam Ekonomisi ve Finansı Dergisi (İEFD) 8/1 (01 Haziran 2022): 1-32. https://doi.org/10.54863/jief.1065828.

JAMA

1.Al Fares M, Kachkar O, Azrak T. CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL. JIEF. 2022;8:1–32.

MLA

Al Fares, Marwa, vd. “CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL”. İslam Ekonomisi ve Finansı Dergisi (İEFD), c. 8, sy 1, Haziran 2022, ss. 1-32, doi:10.54863/jief.1065828.

Vancouver

1.Marwa Al Fares, Omar Kachkar, Tawfik Azrak. CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL. JIEF. 01 Haziran 2022;8(1):1-32. doi:10.54863/jief.1065828

Cited By

ENDONEZYA'DA PARA VAKIFLARININ YÖNETİMİNDE İSLAMİ FİNANS KURUMLARININ ETKİNLİĞİNİN DEĞERLENDİRİLMESİ

İslam Ekonomisi ve Finansı Dergisi (İEFD)

https://doi.org/10.54863/jief.1540049

CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL

CASH WAQF-BASED CREDIT GUARANTEE (CG) MODEL FOR SMES: SELECTED CASES AND A PROPOSED MODEL

Öz

Anahtar Kelimeler

KOBİ’ler için para vakfına dayalı kredi garantisi modeli:seçilmiş vakalar ve model önerisi

Öz

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Cited By

ENDONEZYA'DA PARA VAKIFLARININ YÖNETİMİNDE İSLAMİ FİNANS KURUMLARININ ETKİNLİĞİNİN DEĞERLENDİRİLMESİ