AU T H O R S :

N I K H A D I YA N N I K A Z M A N ( M A I N AU T H O R )

Z A I D I M D . Z A B R I

TA J U L A R I F F I N M A S R O N

N U R H A F I Z A A B D U L K A D E R M A L I M

T H E U T I L I Z A T I O N O F I S L A M I C F I N T E C H ( I - F I N T E C H ) I N

P R O M O T I N G S U S T A I N A B L E I N C L U S I V E G R O W T H : E V I D E N C E F R O M M I C R O - E N T R E P R E N E U R S

I N M A L A Y S I A

CONTENTS

Introduction

Problem Statement

Literature Review

Methodology

Results and Conclusion

INTRODUCTIONInternet Users in ASEAN Countries (In ratio) Islamic Fintech Start-ups by Country

PROBLEM STATEMENT

Investigate the sustainable income effect by using i-fintech apps in doing business among micro-entrepreneurs in Malaysia

Potential justification on how and to what extent financial technology has been successful in easing the liquidity constraints by its customers, especially micro-entrepreneurs

Focusing on four aspects which are mobile money, P2P lending, and crowdfunding application

Constructs Previous Studies

Sustainable Income

continuing business contribution towards economic development while enhancing the quality of life, family, and community. The ability to use technology is necessary for raising enough capital. Young and Tiller (2005), Alufohai (2006), Nik Azman et al (2016), Kaplinsky, R. (2019)

Crowdfunding Raise external finance from a large audience (crowd) and has strong emphasis on responsibility and Syariah compliance. Ordanini et al., (2011), Schwienbacher and Larralde (2010), Hemer et al. (2011), Belleflamme et al. (2013) and Gerber et al, (2012)

Mobile Money Process of transmitting money from a person to another person through phone or any wireless or computer devices activation code that finally can transact with a cash transaction by a financial or banking institutions. Shaikh and Karjaluoto (2014), Nel and Boshoff (2014), Talukder, Quazi, and Sathye, (2014) and Yang et al. (2015)

Peer-to-Peer Lending

P2P enables modern investors to have direct access to an asset class that was limited previously to large institutional investors, which may allow them to diversify their portfolios and create enhanced risk-adjusted returns through the savings achieved by a lower-cost operating model. Feng et al (2015), Morse (2015)

LITERATURE REVIEWSLITERATURE REVIEWS

OUTLOOK•Quantitative

–Questionnaires Survey (107)–Adopted and adapted from previous researchers

–Back to back translation

• SPSS and AMOS (SEM)

METHODOLOGY

R E S U L T S A N D A N A L Y S I S

WORKS CITED•Micro-entrepreneurs can have macro-level view

on the information on their current state of financial condition

• Indirectly has increased micro-entrepreneurs’ income, gain and retain more customers, reduced their costs structure as well as mitigating their risks.

• Enhance micro-entrepreneurs’ productivity and efficiency in carrying out their business

FINAL NOTE

T H A N K Y O U