Since 2014
The potential of Islamic financial institutions in promoting small and medium enterprises (SMEs) in Ethiopia
Journal of Economics and Political Economy
View Archive Info| Field | Value | |
| Title |
The potential of Islamic financial institutions in promoting small and medium enterprises (SMEs) in Ethiopia
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| Creator |
ALI, Abdu Seid; Istanbul University
BUSHERA, Ibrahim; Ibn Haldun University YESUF, Abdurahman Jemal; Hamad Bin Khalifa University |
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| Subject |
SMEs, Islamic financial institutions; Access to finance; Ethiopia.
G21; G51; D25. |
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| Description |
Abstract. It is universally proclaimed that SMEs are engines of growth and development in various countries in the world. Nonetheless, access to finance remained an acute obstacle. This paper aims to assess the potential of Islamic financial institutions in promoting SMEs to get access to alternative financial services in Ethiopia. Similar to other developingcountries, SMEs in Ethiopia have lack of access to finance and alternative financial services. Hence, the experience of other countries show that Islamic financial institutions have been providing alternative services based on risk sharing, asset-based and ethical principlesin order to achieve financial inclusion and wide-ranging growth. In order to encourage SMEs to get access to alternative source of finance, regulatory and legal frameworks, proper financial infrastructure, market and industry issues, awareness creation, and producing trained workforce should get proper attention.Keywords. SMEs, Islamic financial institutions, Access to finance, Ethiopia.JEL. G21, G51, D25.
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| Publisher |
Journal of Economics and Political Economy
Journal of Economics and Political Economy |
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| Contributor |
—
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| Date |
2020-09-28
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/JEPE/article/view/2091
10.1453/jepe.v7i3.2091 |
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| Source |
Journal of Economics and Political Economy; Vol 7, No 3 (2020): September; 188-203
Journal of Economics and Political Economy; Vol 7, No 3 (2020): September; 188-203 2148-8347 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/JEPE/article/view/2091/2134
http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/2091/1101 http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/2091/1102 http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/2091/1103 http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/2091/1104 |
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| Rights |
Copyright (c) 2020 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0 |
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