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key microfinance approaches in India, taking a close look at the most dominant among these, the Self Help Group (SHG) Bank …: India's rural poor currently have very little access to finance from formal sources. Microfinance approaches have tried to … microfinance approaches to coexist. Private sector microfinanciers need to acquire greater professionalism, and the government can …
Persistent link: https://www.econbiz.de/10012554095
"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," by David Roodman and Jonathan Morduch (2011) is the most recent of a sequence of papers and postings that seeks to refute the findings of the Pitt and Khandker (1998) article "The Impact of Group-Based Credit on Poor...
Persistent link: https://www.econbiz.de/10012557146
The Sustainable Development Goals, the global development agenda for 2015 through 2030, will require unprecedented mobilization of resources to support their implementation. Their predecessor, the Millennium Development Goals, focused on a limited number of concrete, global human development...
Persistent link: https://www.econbiz.de/10012564673
This paper discusses Islamic banking products and interprets them in the context of financial intermediation theory. Anecdotal evidence shows that many of the conventional products can be redrafted as Sharia-compliant products, so that the differences are smaller than expected. Comparing...
Persistent link: https://www.econbiz.de/10012551661
This paper reviews institutions offering Islamic financial services (IIFS) corporate governance challenges and suggests options to address them. It first points out the importance of corporate governance for IIFS, where it would require a distinct treatment from conventional corporate governance...
Persistent link: https://www.econbiz.de/10012553872
This paper focuses on the corporate governance arrangements of institutions offering Islamic financial services (IIFS) aimed at protecting stakeholders' financial interests. Many IIFS corporate governance issues are common with those of their conventional counterparts. Others are distinctive. In...
Persistent link: https://www.econbiz.de/10012553873
The structures and processes established within an institution offering Islamic financial Services (IIFS) for monitoring and evaluating Shariah compliance rely essentially on arrangements internal to the firm. By being incorporated in the institutional structure, a Shariah supervisory board...
Persistent link: https://www.econbiz.de/10012553882
More than 200 Islamic financial institutions (IFIs) operate in 48 countries. Their combined assets exceed $200 billion, with an annual growth rate between 12 percent and 15 percent. The regulatory regime governing IFIs varies significantly across countries. A number of international...
Persistent link: https://www.econbiz.de/10012559704
Regulation allows microfinance institutions to evolve more fully into banks, particularly for institutions aiming to … draw on a new database that combines high-quality financial data on 245 of the world s largest microfinance institutions … profitability. The pattern is consistent with the notion that profit-oriented microfinance institutions absorb the cost of …
Persistent link: https://www.econbiz.de/10012551871
This paper describes important trade-offs that microfinance practitioners, donors, and regulators navigate. Drawing … evidence from large, global surveys of microfinance institutions, the authors find a basic tension between meeting social goals … and maximizing financial performance. For example, non-profit microfinance institutions make far smaller loans on average …
Persistent link: https://www.econbiz.de/10012552010