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This study proposes a two-pronged strategy, based on the dichotomy between livelihood and growth enterprises, to alleviate poverty through microenterprise development in member countries of the Islamic Development Bank (IDB).The paper focuses on the provision of Shariah-compliant financial...
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With all the talk in Europe about Islam and Muslim culture it is surprising how little hard-core empirical evidence … economy. Far from being a religion of the Middle Ages Islam has an important message for the 21st Century. The article also …
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It has been argued that Islamic banks are more stable than Western banks in general and more particularly during the periods of financial crisis. To examine this assumption, this study examined the influence of capital adequacy ratio along with two Islamic ratios (Zakat and Profit and loss...
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This study investigates the role of microfinance in developing countries like Pakistan especially to reduce poverty … people living in the rural areas of Pakistan to mitigate poverty. For overall poverty reduction, provision of microfinance is …. The impact of microfinance on poverty reduction is analyzed taking into consideration three core dimensions of poverty …
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