Purpose – The purpose of this paper is to indicate an innovative solution to address the financing issues faced by “Micro-, Small and Medium Enterprises” (MSME) in emerging economies. Design/methodology/approach – Islamic Financial Institutions (IFIs) especially Islamic banks are...

While conventional microfinance institutions (MFIs) have expanded their operations in the last two decades, poverty-focused MFIs based on Islamic principles are lagging behind. This paper provides the theoretical basis, operational framework, and empirical support for the establishment of...

Islamic finance and Halal are Shariah-compliant business sectors sharing similar values, market and principle. Despite similarities, there has been disconnection between Islamic finance and Halal sectors. In Malaysia, the disconnection is witnessed by low penetration of Islamic financing among...

The dominant effect of the global financial shockwaves ravaging the whole of Europe is becoming proverbial in the history of world economic crises. This has been largely due to untoward economic policies that have negatively impacted most economies in Europe. The recent European sovereign debt...