The number of Muslim tourists has surged in recent years due to increased number of Muslim population with higher segment of better educated and more prosperous Muslim community. Although this is undoubtedly an opportunity for the hotel industry, the unique religious and cultural needs of...

This paper studies the relationship between social capital on the green growth in Malaysia, with the aim of ascertaining whether faith based social capital has a role in sustaining economic growth. The study utilizes the annual data over the period of 1970-2015. This study employs the...

Islamic foreign exchange forward plays a significant role to mitigate various foreign currency exchange risks. The main challenge that impedes the development and operation of the Islamic foreign exchange forward as a hedging instrument is the behavior of relying on existing conventional...

Bangladesh witnessed a surge in remittances inflow since 2002, especially as measures had been taken to encourage remitters to send their money through official channels. The multifaceted benefits generated from remittances include increasing the living standards of recipient households, easing...

This paper is an attempt to examine the empirical evidence of International Fisher Effect (IFE) between Bangladesh and its two other major trading partners, China and India. The IFE uses interest rate differentials to explain why exchange rates change over time. A time series approach is...

The role of entrepreneurship development has received intense attention for a long time because of its multidimensional contribution to socioeconomic development. Microentrepreneurship, especially, is considered as a bridge for economic and social development both in micro and macro level for...

This study by Md. Mahmudul Alam and Professor Rafiqul Islam Molla on microfinance comes at the right time when the microfinance movement has come under attack from various quarters. There are exaggerated claims and counter-claims about microfinance's impact on poverty alleviation – one side...

To make the book more reader-friendly, we provided a comprehensive summary at the end of each essay. Readers who are time pressed but want to know the basic contents and the key messages of the essays at the shortest time at hand, can do so by reading the summaries of the essays

The microfinance movement that began as a programme of actionresearch in a small village by Professor Muhammad in 1976 has quickly become a global phenomenon, attracting more than 100 million borrowers world-wide. The movement has been hailed as an innovative tool for poverty eradication

Micro-entrepreneurial activities play a pivotal role in rural economic development in the third world countries. As a result, in Bangladesh poverty alleviation through rural centric micro-entrepreneurship development has been focused for more than thirty five years. Over 600 registered and...