Development of Islamic microfinance: a sustainable poverty reduction approach
نویسندگان
چکیده
منابع مشابه
Contribution of Islamic Waqf in Poverty Reduction
Since the emergence of the civilization, poverty has been a big challenge and in present time, it is a worldwide spread problem. Poverty is an obnoxious situation when people are deprived from access to many things but most common of these are longevity (long and healthy life) health (adequate levels of health), nutrition (food), shelter (adequate housing), clothing, education, literacy, knowle...
متن کاملMicrofinance as a Poverty Reduction Tool—A Critical Assessment
This paper attempts to provide a critical appraisal of the debate on the effectiveness of microfinance as a universal poverty reduction tool. It argues that while microfinance has developed some innovative management and business strategies, its impact on poverty reduction remains in doubt. Microfinance, however, certainly plays an important role in providing safety-net and consumption smoothen...
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Different countries have implemented various methods in their poverty elimination programs. Redistribution policies, financing low income groups, subsidizing, enhancing the capabilities of the poor, and… are among the traditional policies for poverty elimination programs. The study of concept of poverty is always one of the most important considerations in Islamic thoughts. Islamic Shariat wit...
متن کاملmicrofinance an approach for increasing output in the agricultural sector and poverty reduction in rural areas
considering the expansion of global poverty and its resulting concerns, the objectives of the millennium development goals (mdgs) may not be achieved unless a solution is found for this widespread phenomenon. therefore finding a solution for poverty reduction and improving the welfare of the vulnerable group has become a universal objective. this paper discusses the poor performance of formal f...
متن کاملIslamic 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 ...
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ژورنال
عنوان ژورنال: Journal of Economic and Administrative Sciences
سال: 2019
ISSN: 1026-4116
DOI: 10.1108/jeas-01-2018-0007