Abstract: This paper aims at investigating the operation of Islamic microfinance in Malaysia, analyses the challenges for their sustainability and the possible solutions. Among the notable institutions offering Islamic microfinance in Malaysia are Amanah Ikhtiyar Malaysia (AIM), Yayasan Usaha Maju (YUM) and Tabung Ekonomi Kumpulan Usaha Niaga (TEKUN). Banking institutions and development financial institutions are also a major provider of financing to small- and medium-size enterprises in Malaysia. It was found out that most of the microfinance instituti...
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Topics: 
Finance
Financial system