Financing Issues for Small and Medium Enterprises in Oman

Authors

  • Khaloud Mohammed Ghafri Student at Oman College of Management and Technology – Department of Accounting Author
  • Hamda Abdalla Al Waheibi Student at Oman College of Management and Technology – Department of Accounting Author
  • Ryan Mubarak Firuz Al Sadi Student at Oman College of Management and Technology – Department of Accounting Author
  • Yahya Al Sarhani Student at Oman College of Management and Technology – Department of Accounting Author

Abstract

Financing in small and medium enterprises in the Sultanate of Oman is an important topic. Overall, finance plays a crucial role in supporting the growth and sustainability of these institutions. Financing is provided through several sources such as banks, financial institutions and investors. The Omani government also provides programs and financial support to small and medium enterprises to enhance their growth, The topic explores the challenges and opportunities in financing SMEs, and addresses issues such as access to capital, financial management, and the impact on business growth. It examines current trends, potential solutions and the importance of fostering a financial ecosystem supportive of the sustainable development of SMEs. Islamic banks do not differ from each other with respect to the variables under investigation. The results of this research show that some factors between banks were found to have a significant impact on these banks' financial performance.

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Published

17-04-2024

Issue

Vol. 5 No. 2 (2024): Asian Journal of Multidisciplinary Research & Review

Section

Review Articles

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How to Cite

Khaloud Mohammed Ghafri, et al. “Financing Issues for Small and Medium Enterprises in Oman”. Asian Journal of Multidisciplinary Research & Review, vol. 5, no. 2, Apr. 2024, pp. 75-98, https://ajmrr.org/journal/article/view/182.