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profit. We focus on Islamic microfinance (IMF) in Indonesia and explore how it is applied to poverty alleviation. In addition … fieldwork investigates how institution staff members apply Islamic rules and norms when implementing programs, noting any … discrepancies between the rhetoric of the Islamic ethical framework for development and the practice. We ultimately argue that while …
Persistent link: https://www.econbiz.de/10014615364
Purpose This paper aims to investigate the effect of Islamic microfinance on poor households through the case of the … authors’ knowledge, it is the first research that examines the only Islamic microfinance program in Turkey. Second, it uses … longitudinal data while examining the impact of Islamic microfinance on the welfare of the poor. In the relevant literature, no …
Persistent link: https://www.econbiz.de/10014789349
Purpose This paper aims to identify the intersection between Islamic microfinance (MF) (IsMF) and Takaful in high …-risk economies and propose a model for the sustainable application of IsMF. The word Takaful , although used to refer to Islamic …
Persistent link: https://www.econbiz.de/10014789380
micro equity finance, Islamic microfinance institutions (IMFIs) can reach the right targets and effectively mitigate the … model that can use Islamic equity-based modes of financing to improve microfinance outreach and achieve scale. The use of … agency problems in Islamic microfinance and proposes a solution through distinct entry criterion and enterprise level micro …
Persistent link: https://www.econbiz.de/10014874669
Purpose – The purpose of this paper is to highlight the benefits of starting Islamic microfinance (IMF) in India and …
Persistent link: https://www.econbiz.de/10014745794
to investigate the implications of using musharakah mode of finance. Design/methodology/approach – Data from Sudan, which … descriptive analysis is provided. The concentration of musharakah in the Sudanese Islamic banks each year is provided so as to …
Persistent link: https://www.econbiz.de/10014745341
Islamic banks relative to conventional banks operating in North African Arab countries, in terms of cost and revenue … (VRS). The sample consists of nine Islamic banks and 11 conventional banks. Findings – The results indicated that Islamic … revenue efficiency score of Islamic bank was less than conventional banks. In terms of cost efficiency, the results varied …
Persistent link: https://www.econbiz.de/10014988296
Purpose – The purpose of this paper is to examine the short‐run and the long‐run relationships between Islamic banking … between Islamic financial development and economic growth. The relationship, however, is neither Schumpeter's supply … empirical evidence to show the role of Islamic banks' financing towards economic performance of a country. To the best of the …
Persistent link: https://www.econbiz.de/10014826547
implications – The larger goal of the Islamic finance and banking movement should be to be in harmony with the maqasid of Islam to … light of the Islamic finance literature and the general attitude and approach of the Islamic finance industry and its … advocates. Design/methodology/approach – Based on an expanding theoretical and empirical knowledge base about Islamic finance …
Persistent link: https://www.econbiz.de/10014826560
Purpose – In order to fulfill the Shari'ah objective of promoting the welfare of society, institutions offering Islamic … being sought merely as a peripheral practice. Recent debates on the evolution of the practice of Islamic finance highlighted … divergence between the economics literature on Islamic finance and the course taken by the practical field of Islamic banking and …
Persistent link: https://www.econbiz.de/10014826655