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Low utilization of household credit in developing countries may be partially due to religious considerations. In a randomized marketing experiment in Jordan, this paper estimates the effect of sharia-compliant loan features on demand for credit. To comply with Islamic law, the sharia-compliant...
Persistent link: https://www.econbiz.de/10012838008
Microfinance is often criticized for not adequately addressing seasonality and hard-core poverty. In Bangladesh, a … program known as PRIME was introduced in 2006 to address both concerns. Unlike regular microfinance, PRIME introduces a … microfinance scheme that offers a flexible repayment schedule and consumption smoothing, as well as production, loans. It targets …
Persistent link: https://www.econbiz.de/10012976509
The climate change challenge and the growth of the Islamic finance industry, together with the increase in socially responsible investing, could position green sukuk as a key instrument for financing clean energy and resilient infrastructure projects as well as shorter-term energy efficiency...
Persistent link: https://www.econbiz.de/10012906400
economic growth was widely shared by the population and as a result poverty (measured by the national poverty line) declined … growth was shared among the less well off. This work presents a diagnostic of shared prosperity and poverty reduction in … Tajikistan during 2003-2009. The paper also focuses on quantifying the main drivers of poverty reduction, shared prosperity, and …
Persistent link: https://www.econbiz.de/10012973110
survey data, this paper analyzes nonmonetary dimensions of poverty in Uganda for levels and trends, to explore whether the … Uganda's progress in reducing poverty is strongly reflected in several nonmonetary indicators of poverty. The analysis finds … Uganda's progress on reducing monetary poverty, which is also at the expected level based on experience in other countries …
Persistent link: https://www.econbiz.de/10012951522
transfers, indirect subsidies, and in-kind transfers) on the level of poverty and inequality in Uganda, using the …-kind transfers, are the biggest contributors to reducing inequality. Although equalizing, fiscal policy is poverty-inducing in Uganda … internationally recognized methodology developed by the Commitment to Equity institute. The results show that Uganda's fiscal policy …
Persistent link: https://www.econbiz.de/10012859484
This paper examines the relationship between spatial and economic mobility in Uganda using longitudinal data from 2005 …
Persistent link: https://www.econbiz.de/10012948202
In recent years, the Islamic finance industry has attracted the attention of policy makers and international donors as a possible channel through which to expand financial inclusion, particularly among Muslim adults. Yet cross-country, demand-side data on actual usage and preference gaps in...
Persistent link: https://www.econbiz.de/10012973875
The core principles of Islam lay great emphasis on social justice, inclusion, and sharing of resources between the …-sharing financing instruments can offer Shariah-compliant microfinance, financing for small and medium enterprises, and micro … risk-sharing instruments to target the poor sector of society to offer a comprehensive approach to eradicating poverty and …
Persistent link: https://www.econbiz.de/10012975546
"The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence," by David Roodman and Jonathan Morduch (2014) (henceforth RM) is the most recent of a sequence of papers and web postings that seeks to refute the findings of the Pitt and Khandker (1998; henceforth PK) article "The...
Persistent link: https://www.econbiz.de/10012973426