Advent of Islamic microfinance in Senegal

Islamic Microfinance: An Emerging Market Niche

Muslim-majority countries do not use formal financial services (Honohon 2007).1 Even when financial services are available, some people view conventional products as incompatible with the financial principles set forth in Islamic law. In recent years, some microfinance institutions (MFIs) have stepped in to service low-income Muslim clients who demand products consistent with Islamic financial ...

Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic

Islamic Microfinance Theory, Policy and Practice

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Debt and Development: Exploring the microfinance debate in Senegal

Founded on the assumption that poor people are “natural entrepreneurs” (Bornstein 2005), microfinance has signaled a paradigm shift in development ideology. Using my experiences with microfinance in a fishing village in Senegal, this study will address the claims driving the microfinance movement, debate its pros and cons and pose further questions about its validity and widespread implementati...

Internet Banking Law: An Iranian Perspective Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic

Bank supervision and monetary policy are strategic concepts in the economy of countries. Development of electronic communications, especially in online and international spheres, has largely threatened financial services in view of security and illegal access to banking networks. Anonymity and identity theft has endangered electronic commerce by crimes like phishing, fraud and different types...