29.01.2013 - Shariah-compliant schemes to provide further aid to Malaysia’s SME growth
Shariah-compliant small and medium-sized enterprises (SMEs) Financing Scheme (SSFS) and Commercialisation Innovation Fund (CIF) are set to provide further aid to the growing SME sector in Malaysia. To note, in an effort to provide further support to SMEs, the Malaysian government in its 2012 budget, allocated RM2 billion for the establishment of SSFS and RM500 million for CIF. According to Oxford Business Group (OBG) in its Malaysia Report 2012, SMEs represent a significant part of the economy, a fact acknowledged early on by the government...............................................Full Article: Source
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