The Halal Way to Social Change : Is There a Way to Pursue Grameen's Social Agenda Without Using Interest?

This paper integrates the positive features of the Grameen Bank (i.e., zero tangible collateral and human portfolio approach) with the Shariah based notion of equitable risk and return sharing between a borrower and a lender. The proposed approach would significantly reduce the costs of capital by avoiding compound interest, and enhance social welfare through equitable allocation of capital

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Year of publication:	[2018]
Authors:	Feroz, Ehsan H.
Publisher:	[2018]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (1 p)
Type of publication:	Book / Working Paper
Notes:	In: Islamic Horizons, p. 42, January/February 2007
Classification:	A13 - Relation of Economics to Social Values ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; F43 - Economic Growth of Open Economies ; G21 - Banks; Other Depository Institutions; Mortgages ; L31 - Nonprofit Institutions ; M21 - Business Economics ; O10 - Economic Development. General ; P50 - Comparative Economic Systems. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012746632