Saqib Farid
Department of Finance, School of Business & Economics, University of Management & Technology, Lahore, Pakistan
[ 1 ] - Social Collateral and Repayment Performance: Evidence from Islamic Micro Finance
I n this study we designed to test the remarkable repayment performance of Akhuwat in Pakistan; the most successful Islamic Microfinance Institution (IMFI), which offers interest-free loans in order to improve the quality of life and alleviate poverty. The model of Akhuwat is based on Muakhaat (brotherhood) and Qard-e-Hasan (offering financial assi...
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