This paper contributes to the Islamic studies literature, by exploring why many Islamic scholars believe that Islam …

microfinance institutions have been greatly criticised for their dubious acts of charging exorbitant interests. Islamic … microfinance has therefore, been seen as one of the viable alternatives to meeting the challenges of poverty and as an opportunity … in the livelihoods of the people in the Asian region. This article analyses the magnitude at which Islamic microfinance …

the deprivations and enhance welfare of the poor. Islamic Microfinance is one of them and is rapidly getting popular in … microfinance on the household welfare of the target clients by observing its impact on health, education, income, expenditures and … assets of the poor who took loan from Islamic Microfinance institutions (IMFIs). Study is based on primary data and …

grounded on a different paradigm of socio-economic inclusion derived from Islam, of which the interpret must be conscious when …

. Some 58.7 million Pakistanis are classified as poor while Microfinance beneficiaries are only 2.35 million people. The … progress and penetration of Islamic Microfinance is even more insignificant in relation to the enormous underdevelopment … challenges faced by Pakistan. In this paper, we document the progress of Islamic Microfinance in Pakistan and build the case for …

microfinance has received a lot of attention in the economic literature. Naturally, the Muslim economists also got interested in …. Despite its popularity in the literature, microfinance is available to merely 100 million people around the globe, out of … which only a minority is Muslims. A vast majority of the Muslim poor do not avail of the conventional microfinance as it …