The Relationship between Islamic Microfinancing, Energy Supply Adequacy and Performance of Agriculture Microenterprises

Ruslan Rafiatul Adlin Mohd, Rashid Intan Maizura Abd (), Shafiai Syahiru, Fianto Bayu Arie and Yusof Azman Mohd.
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Ruslan Rafiatul Adlin Mohd: Faculty of Business and Management, Universiti Teknologi MARA, Puncak Alam, Selangor, Malaysia
Rashid Intan Maizura Abd: Faculty of Business and Management, Universiti Teknologi MARA Cawangan Melaka, Malaysia
Shafiai Syahiru: Faculty of Business and Management, Universiti Teknologi MARA Cawangan Melaka, Malaysia
Fianto Bayu Arie: Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia
Yusof Azman Mohd.: Ministry of National Unity, Malaysia

Economics, 2025, vol. 13, issue 2, 55-69

Abstract: Empowering microenterprises has been shown to be effective in alleviating poverty and raising income. It is extremely effective in all nations when combined with the promotion of Islamic microfinance. Agriculture microenterprises focus on fisheries and aquaculture, agriculture trade, food, and other agriculture-related companies. Islamic microfinance plays a critical role in enhancing transaction circulation and agricultural community awareness of financial management because agricultural community income varies by season. From 2002 to 2022, this study looks into the factors that influence Islamic microfinance, energy supply sufficiency, and the performance of agriculture microenterprises in Malaysia. It uses a concurrent model of Islamic microfinance, energy supply adequacy, and a set of measures related to agriculture microenterprises sector performance that are deemed to be important in terms of supply chain linkages and raw material access. The data indicate that the goal of descriptive analysis is to clarify the generous condition for all variables involved in the study. Four analyses have been carried out. The first step is descriptive analysis. Then, the normality Test, and the third is the Correlation Analysis. Finally, the regression analysis will be used to estimate the relationship between the dependent and independent variables. Based on the simultaneous relationship, the study yields positive and negative results. The findings suggest that the performance of Malaysian agricultural microenterprises is more affected by Islamic microfinance, according to a causality analysis.

Keywords: Islamic microfinance; energy supply sufficiency; agriculture microenterprises; food security; Malaysia (search for similar items in EconPapers)
JEL-codes: C11 E22 E32 E52 E61 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:econom:v:13:y:2025:i:2:p:55-69:n:1003

DOI: 10.2478/eoik-2025-0030

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