The SMEs Funding Decisions through the Islamic Equity Crowdfunding Platform

Authors

  • Herlitah Herlitah Faculty of Economics, Universitas Negeri Jakarta, Indonesia Ph.D. student at the School of Strategic and Global Studies, University of Indonesia, Indonesia
  • Nurul Huda Faculty of Economics, YARSI University, Indonesia
  • Ruslan Prijadi Faculty of Economics and Business, University of Indonesia, Indonesia
  • Nurdin Sobari Faculty of Economics and Business, University of Indonesia, Indonesia
  • Nur Fatwa School of Strategic and Global Studies, University of Indonesia, Indonesia

DOI:

https://doi.org/10.21009/JPEB.011.1.3

Keywords:

Crowdfunding, SMEs, Halal Food Industry, Theory Planned Behavior

Abstract

Islamic Equity Crowdfunding is currently an alternative sharia-based financing for SMEs. In Indonesia, the Islamic Equity Crowdfunding platform began to appear in 2021, and has been growing until now. The purpose of this study is to analyze the factors that influence the funding decision of SMEs in the Halal Food Industry through the Islamic Equity Crowdfunding platform. Data was collected from SMEs in Indonesia by surveying 200 respondents, namely businesses in halal food. In this study the data obtained will be analyzed using the partial least squares technique which refers to the theory of planned behavior. The results showed that the decision of SMEs in seeking funding through Islamic Equity Crowdfunding was influenced by Subjective Norms, Perceived Behavioral Control, Product Knowledge, and Religiosity, but Intention was not influenced by Attitude.

 

 

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Published

2023-03-08

How to Cite

Herlitah, H., Huda, N. ., Prijadi, R. ., Sobari, N. ., & Fatwa, N. . (2023). The SMEs Funding Decisions through the Islamic Equity Crowdfunding Platform. Jurnal Pendidikan Ekonomi Dan Bisnis (JPEB), 11(01), 26–41. https://doi.org/10.21009/JPEB.011.1.3

Issue

Vol. 11 No. 01 (2023): Jurnal Pendidikan Ekonomi & Bisnis (DOAJ & SINTA 2 Indexed)

Section

Articles

License

Articles in Jurnal Pendidikan Ekonomi & Bisnis are Open Access articles published under the Creative Commons CC BY-NC-SA License  This license permits use, distribution and reproduction in any medium for non-commercial purposes only, provided the original work and source is properly cited. Any derivative of the original must be distributed under the same license as the original.