Unique aspects of the Islamic microfinance financing process
نویسندگان
چکیده
منابع مشابه
Financing microfinance – the ICICI Bank partnership model
March 2005 57 Bindu Ananth is a Manager at ICICI Bank. She has worked in ICICI Bank's microfinance practice for over three years and is currently the co-ordinator of the Centre for MicroFinance Research. The views presented in this paper are solely those of the author and do not in any way reflect the views of ICICI Bank. Capital constraint is an issue impeding scaling up of microfinance in Ind...
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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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The main purpose of this paper is to examine the relevance of Islamic microfinance in the light of ongoing erosion of confidence in the viability of current financial system, full of speculatory finance in the prevailing global financial market. For example, the sub-prime crisis of 2007-2008 in the US with its effects all over the world was mainly due to the inadequate market discipline which i...
متن کاملIslamic Microfinance Theory, Policy and Practice
exclusive property of Islamic Relief Worldwide. This material may be freely reproduced and otherwise utilised for non-commercial purposes if this publication is correctly and clearly identified as such. You may not alter, transform or build upon this work. No part of this material may be reproduced in any material form (including photocopying) for purposes other than non-commercial purposes wit...
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Objective: The objective of this paper is to understand the scope of microfinance institutions (MFI) in financing medicine for health seeker of low economic strata people. The various challenges faced by the microfinance services providers in health and medicine in particular. Some Asian countries have been chosen to observe the medicine coverage strategies. This paper will use the data from na...
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ژورنال
عنوان ژورنال: Humanomics
سال: 2016
ISSN: 0828-8666
DOI: 10.1108/h-09-2014-0062