ISSN: 2222-6990
Open access
The aim of the study is to explore the current practices and important elements in business financing decisions. To achieve this aim of the study, the study conduct in-depth interviews with selected business financing officers as to get their perceptions concerning to the issues, prospects and get some insight new Islamic elements in making business financing decisions. It is found that Islamic elements should be added in financing decisions and these as tools and guidelines for Islamic banks to refer the development of the parameter in commercial financing activities.
Abdul-Rahman, Y. (2010). The art of Islamic banking and finance tools and techniques for community-based banking. London: John Wiley.
Ahmed, H., & Khan, T. (n.d.). Risk Management in Islamic Banking. Handbook of Islamic Banking. doi:10.4337/9781847205414.00019
Akhtar, M. F., & Ali, K. (2011). Risk management practices: Implication on the banking sector: Explicit & implicit inferences from conventional and Islamic banks. Saarbrucken, Germany: VDM Verlag Dr. Muller.
Akkizidis, I. S., & Khandelwal, S. K. (2008). Financial risk management for Islamic banking and finance. Basingstoke: Palgrave Macmillan.
Ali, A. J. (2014). Business ethics in Islam. Cheltenham: Edward Elgar.
Aver, B. (2008), An Empirical Analysis of Credit Risk Factors of the Slovenian Banking System, Managing Global Transitions, 6, issue 3, p. 317-334, https://EconPapers.repec.org/RePEc:mgt:youmgt:v:6:y:2008:i:3:p:317-334.
Beekun, R. I. (2004). Islamic business ethics. New Delhi: Goodword Books.
Bryman, A., & Bell, E. (2007). Business research methods. Oxford: Oxford University Press.
Carey, M. (2000). Dimensions of Credit Risk and Their Relationship to Economic Capital Requirements. doi:10.3386/w7629
Cooper, D. R., & Schindler, P. S. (2008). Business research methods. Boston: McGraw-Hill Irwin.
Credit Evaluation Perspective of Dual-banking and Full ... (n.d.). Retrieved 2015, from http://ijbssnet.com/journals/Vol_6_No_7_July_2015/18.pdf
Dali, N. M. (n.d.). A Review of Forward, Futures and Options From the Islamic Perspective. From Complexity to Simplicity. Retrieved 2005, from http://www.academia.edu/2070625/A_Review_of_Forward_Futures_and_Options_From_the_Islamic_Perspective._From_Complexity_to_Simplicity
Ghosh, A. (2012). Managing risks in commercial and retail banking. Singapore: Wiley & Sons.
In, M. (2013). Islamic Banking is Not Solely for Muslims. Retrieved from http://www.maeeshat.in/2013/10/islamic-banking-is-not-solely-for-muslims/
INNOVATION AND RISK MANAGEMENT IN ISLAMIC FINANCE - kahf. (n.d.). Retrieved 2006, from http://www.bing.com/cr?IG=6D00E6F25E5D428EB190653A1D74E573&CID=192F8ADFB6956DF306428123B7686C1D&rd=1&h=42d3Y8g6cKTZr3qAaDZbzelzfI7mo7gEcTGSmaJeEGQ&v=1&r=http://monzer.kahf.com/papers/english/INNOVATION_AND_RISK_MANAGEMENT_IN_ISLAMIC_FINANCE_SHARIAH_CONSIDERATIONS_harvard_APRIL_06.pdf&p=DevEx.LB.1,5066.1
Islamic Credit Risk Management in Murabahah Financing-The ... (n.d.). Retrieved from http://ajbasweb.com/old/ajbas/2014/April/318-323-april14.pdf
Karim, M. R., Asutay, M., Shafii, Z., & Aris, M. M. (2013). Examining Islamic Funds Underperformance : The Case of Malaysia. The Journal of Muamalat and Islamic Finance Research, 10(1), 125-143. doi:10.12816/0008162
Mohamad, S. N., Basah, M. Y., & Aziz, M. R. (2018). Examining Risk-Weighted Assets (RWA) Performance after Recent Financial Crisis in Malaysian Banking System. International Journal of Economics and Finance, 10(5), 129. doi:10.5539/ijef.v10n5p129
Performance of Islamic and mainstream banks in Malaysia. (n.d.). Retrieved 2003, from https://www.bing.com/cr?IG=41057312900A489D880CD3C17FFB4672&CID=2CA77E82C83F632438F8757EC9C262FE&rd=1&h=-ekkFT9O5L5i-Ib-QEVO7qnGdeDfftsw1h5XKSbPufo&v=1&r=https://www.researchgate.net/publication/235309545_Performance_of_Islamic_and_mainstream_banks_in_Malaysia&p=DevEx.LB.1,5472.1
Riz?vi?, S. S. (1989). Elements of Islamic studies. Bloomfield, NJ: Pyam-E-Aman.
Simons, K. L., & Åstebro, T. (2010). Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors’ Commercialization Decisions. Journal of Economics & Management Strategy, 19(4), 863-888. doi:10.1111/j.1530-9134.2010.00272.x
Tafri, F. H., Rahman, R. A., & Omar, N. (2011). Empirical evidence on the risk management tools practised in Islamic and conventional banks. Qualitative Research in Financial Markets, 3(2), 86-104. doi:10.1108/17554171111155339
Yazis, B. M. (n.d.). NATURAL ENVIRONMENTAL RISK MANAGEMENT: CREDIT EVALUATION ... Retrieved from https://worldconferenc
In-Text Citation: (Mohamad, Basah, & Aziz, 2018)
To Cite this Article: Mohamad, S. N. A., Basah, M. Y. A., & Aziz, M. R. A. (2018). Credit Risk Management: Exploring Current Practices and Important Elements in Business Financing Decisions. International Journal of Academic Research in Business and Social Sciences, 8(5), 548–562.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode