Crowdfunding has become one of the preferred mechanisms to raise funds by startups and small entrepreneurs. As such, this paper aims to develop an appropriate framework for Sharīʿah-compliant equity-based crowdfunding (SEC) in Malaysia.,The research begins by analyzing the intention of 200 entrepreneurs in Kuala Lumpur and Selangor regarding the use crowdfunding to raise capital. The analysis is based on the theory of reasoned action, which is also associated with the technology acceptance model (TAM) and is effected by using structural equation modeling (SEM).,The entrepreneurs agree on the ease of use of crowdfunding in raising capital, although it appeared that they are quite reluctant to share their business ideas online. Subsequently, an SEC framework is proposed, to further enhance entrepreneurship development in Malaysia particularly in meeting the need for raising funds in line with Sharīʿah principles.,This paper aims to contribute more to the development of a blueprint for an SEC platform for market players and regulators in Malaysia.,This paper also aims to highlight the growing needs of entrepreneurs, particularly in Malaysia to have a Sharīʿah-compliant alternate to raise funds via crowdfunding.,This paper makes two main contributions. First, it provides evidence on Malaysian entrepreneurs’ intention to use crowdfunding for fundraising through TAM and SEM analysis. Second, it proposes an SEC framework for the development of entrepreneurs in Malaysia.

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为马来西亚企业家精神发展制定符合伊斯兰教义的以股权为基础的众筹框架

众筹已成为初创企业和小型企业家筹集资金的首选机制之一。因此，本文旨在为马来西亚的符合伊斯兰教义的股权式众筹（SEC）开发一个合适的框架。该研究首先分析了吉隆坡和雪兰莪的200名企业家关于使用众筹筹集资金的意图。该分析基于合理行为理论，该理论也与技术接受模型（TAM）相关联，并通过使用结构方程模型（SEM）进行。企业家同意使用众筹在筹集资金方面的易用性，尽管他们似乎不太愿意在线共享他们的商业想法。随后，提出了SEC框架，为了进一步加强马来西亚的企业家精神发展，特别是满足符合伊斯兰教义的筹集资金的需要。本文旨在为马来西亚市场参与者和监管机构的SEC平台蓝图的开发做出更多贡献。目的是强调企业家的增长需求，尤其是在马来西亚，有一个符合伊斯兰教法的替代者可以通过众筹来筹集资金。，本文做出了两个主要贡献。首先，它提供了有关马来西亚企业家通过TAM和SEM分析使用众筹进行筹款的证据。其次，它为马来西亚企业家的发展提出了SEC框架。本文旨在为马来西亚市场参与者和监管机构的SEC平台蓝图的开发做出更多贡献。本文还旨在强调企业家的日益增长的需求，尤其是在马来西亚，希望有一个符合Sharīʿah的替代者来筹集资金通过众筹，本文有两个主要贡献。首先，它提供了有关马来西亚企业家通过TAM和SEM分析使用众筹进行筹款的证据。其次，它为马来西亚企业家的发展提出了SEC框架。本文旨在为马来西亚市场参与者和监管机构的SEC平台蓝图的开发做出更多贡献。本文还旨在强调企业家的增长需求，特别是在马来西亚，希望有符合Sharīʿah的替代者来筹集资金通过众筹，本文有两个主要贡献。首先，它提供了有关马来西亚企业家通过TAM和SEM分析使用众筹进行筹款的证据。其次，它为马来西亚企业家的发展提出了SEC框架。它提供了有关马来西亚企业家通过TAM和SEM分析使用众筹进行筹款的证据。其次，它为马来西亚企业家的发展提出了SEC框架。它提供了有关马来西亚企业家通过TAM和SEM分析使用众筹进行筹款的证据。其次，它为马来西亚企业家的发展提出了SEC框架。