Talaa : Journal of Islamic Finance
Vol. 3 No. 2: December 2023

Monsha'at Sharia Financing for Saudi Arabia’s SMEs: A Case Study of Buraydah Specialty Coffee

Maspul, Kurniawan Arif (Unknown)



Article Info

Publish Date
31 Dec 2023

Abstract

This revolutionary research reveals the spectacular rise of the specialty coffee sector in Al-Qassim, Saudi Arabia, and its profound impact on the region's economy. Al-Qassim has evolved as a dynamic specialty coffee hub, attracting worldwide coffee enthusiasts and supporting sustainable enterprises. Supported by Monsha’at's Sharia Financing principles, the specialty coffee sector has enjoyed extraordinary growth and sustainability, enabling Al-Qassim's small and medium-sized enterprises (SMEs). Buraydah, a UNESCO culinary city, is the hub of this specialty coffee trend. Collaboration among coffee businesses within and beyond Saudi Arabia, bolstered by global associations has further accelerated the industry's progress. This study provides valuable insights into the efficacy of Islamic finance in supporting SMEs and contributes to the advancement of Saudi Arabia's dynamic business environment. With its strategic advantages, supportive initiatives, and global connectivity, Al-Qassim is poised to become a dominant player in the regional and international coffee market, fueling economic prosperity and solidifying Saudi Arabia's position as a specialty coffee destination.

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Journal Info

Abbrev

talaa

Publisher

Subject

Economics, Econometrics & Finance

Description

Talaa : Journal of Islamic Finance is presented as an effort to globalization of Islamic finance. The goal is to become a reputable and internationally recognized scientific journal. Talaa journal focuses on Islamic Finance studies and present developments through the publication of articles. ...