Purpose – This paper aims to study the problems faced by microfinance institutions (MFIs) and relates it with Al-Tawhid to see the solutions. Design/methodology/approach – An exploratory method was used to examine various literature that discuss MFIs, the challenge issues growing in tandem...

Purpose – The purpose of this paper is to validate the concern that banks' increasing involvement in securitization activity restrains banks' lending, as well as their degree of risk tolerance. Theoretical frameworks claim that securitization reduces risk, hence decreasing banks' degree of...

Purpose – The purpose of this paper is to analyse empirically the impact of trade openness on women's development in Pakistan. Design/methodology/approach – Using cointegration analysis the paper empirically analyses the impact of trade openness on women's development in Pakistan applying...

Purpose-The aim of this paper is to examine the inter-generational transfer by not only looking at the monetary transfer as discussed by many economists and sociologists but also by advancing the conceptual discussion and illustrating it with some examples of empirical comparison....

Purpose – Aims to consider the empirical works on Islamic financial design in the light of room for improvements. Design/methodology/approach – Looks at the many aspects of the Islamic financial system and suggests some prudent and sound regulatory frameworks which are deemed necessary....

Purpose – The purpose of this paper is to suggest a way to improve the effectiveness of Islamic micro-financing in Indonesia. Design/methodology/approach – The approach taken to measure and evaluate the effectiveness of micro-financing is to point out the change of micro-enterprises'...

Purpose – The purpose of this paper is to discuss Islamic laws which are relevant to finance. More specifically, it covers the types of contracts as foundation for the distinctive Islamic financial products. The current institutional framework of financial institutions seems to be incompatible...