Support of Islamic Microfinance for Malaysian Family Businesses: A Moderating Role of Islamic Work Ethics

Abstract

The purpose of this research was to measure the direct impact of Islamic microfinance and Islamic work ethics on family-owned microenterprises. Furthermore, the moderating role of Islamic work ethics between Islamic microfinance and family-owned microenterprises was also tested. A survey-based questionnaire was used for collection of data. Partial least square – structural equation model (PLS-SEM) was applied for analysis of data. The study found the impact of Islamic microfinance and Islamic work ethics on family-owned microenterprises as significant. The study also found a significant moderating role of Islamic work ethics between Islamic microfinance and family-owned microenterprises. The study contributed significant knowledge into the literature.