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Tag: microfinance

Opinion: A Big Question Mark on Islamic Finance Industry

| 25/08/2013 | Reply
Opinion: A Big Question Mark on Islamic Finance Industry

Commercialism has captured Islamic Finance institutions in such a way that business with, and financing to, the poor has gone astray from their agenda.

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Responding to demand for Islamic Microfinance

| 09/03/2011 | Reply
Responding to demand for Islamic Microfinance

High unemployment, poverty, and low levels of financial access in Muslim countries continue to create high demand for microfinance. While conventional microfinance has successfully reached large numbers of poor in Muslim countries (most notably, Bangladesh and Indonesia), there is evidence to suggest that there are many potential clients of microfinance that categorically reject products that do not comply with Islamic principles.

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