alexa Islamic Microfinance -- Why is it Worth Considering?
Business & Management

Business & Management

Journal of Business & Financial Affairs

Author(s): Badr El Din A Ibrahim

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There are some questions regarding the reasons for the meager coverage of Islamic microfinance in Islamic countries, despite the fact that conventional microfinance does not meet the requirements of these countries microfinance clients. In this article we show that Islamic microfinance model is a superior one capable of solving many microfinance challenges, nevertheless, Islamic microfinance (despite its merits) has a very weak spread and not-marketoriented in most cases. What is required is a workable Islamic microfinance model, on the basis of the successes that governed some sustainable institutional Islamic microfinance experiences.

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This article was published in Journal of Islamic Banking & Finance and referenced in Journal of Business & Financial Affairs

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