Review of current practices and development of Islamic micro credit and micro financing

Purpose: This study aims to review the current practices of micro credit and micro financing in several Muslim countries namely Bangladesh, Pakistan, Sudan, Malaysia and Indonesia. Design/Methodology/Approach: The methodology used in this research is mainly literature review....

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Main Authors:	Md Saad, Norma, Abdul Razak, Dzuljastri, Abdul Rahman, Abdul Rahim
Format:	Book Chapter
Language:	English
Published:	IIUM Press 2009
Subjects:	HG Finance
Online Access:	http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/1/Review_of_Current_Practices_and_Development_of_Islamic_Micro_Credit_and_Micro_Financing.pdf

id	iium-7060
recordtype	eprints
spelling	iium-70602011-11-22T04:54:05Z http://irep.iium.edu.my/7060/ Review of current practices and development of Islamic micro credit and micro financing Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim HG Finance Purpose: This study aims to review the current practices of micro credit and micro financing in several Muslim countries namely Bangladesh, Pakistan, Sudan, Malaysia and Indonesia. Design/Methodology/Approach: The methodology used in this research is mainly literature review. Finding : This study found that the practices of micro credit and micro finance in Bangladesh, Malaysia and Indonesia have succeeded in alleviating poverty albeit following conventional methods. This industry is not well developed in Pakistan and Sudan as it is at its formative stage. There has not been much data found on Islamic microfinance practices with the exception of Indonesia which indicate poor performance. Implication: The study is only preliminary research and the findings of this study will hopefully provide focal areas for further research in the near future. IIUM Press 2009 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/7060/1/Review_of_Current_Practices_and_Development_of_Islamic_Micro_Credit_and_Micro_Financing.pdf Md Saad, Norma and Abdul Razak, Dzuljastri and Abdul Rahman, Abdul Rahim (2009) Review of current practices and development of Islamic micro credit and micro financing. In: Proceedings of the Seminar on Research Findings 2008. IIUM Press, Kuala Lumpur, pp. 247-264. ISBN 9789833855780 http://rms.research.iium.edu.my/bookstore/Products/115-wwwgooglecom.aspx
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG Finance
spellingShingle	HG Finance Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim Review of current practices and development of Islamic micro credit and micro financing
description	Purpose: This study aims to review the current practices of micro credit and micro financing in several Muslim countries namely Bangladesh, Pakistan, Sudan, Malaysia and Indonesia. Design/Methodology/Approach: The methodology used in this research is mainly literature review. Finding : This study found that the practices of micro credit and micro finance in Bangladesh, Malaysia and Indonesia have succeeded in alleviating poverty albeit following conventional methods. This industry is not well developed in Pakistan and Sudan as it is at its formative stage. There has not been much data found on Islamic microfinance practices with the exception of Indonesia which indicate poor performance. Implication: The study is only preliminary research and the findings of this study will hopefully provide focal areas for further research in the near future.
format	Book Chapter
author	Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim
author_facet	Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim
author_sort	Md Saad, Norma
title	Review of current practices and development of Islamic micro credit and micro financing
title_short	Review of current practices and development of Islamic micro credit and micro financing
title_full	Review of current practices and development of Islamic micro credit and micro financing
title_fullStr	Review of current practices and development of Islamic micro credit and micro financing
title_full_unstemmed	Review of current practices and development of Islamic micro credit and micro financing
title_sort	review of current practices and development of islamic micro credit and micro financing
publisher	IIUM Press
publishDate	2009
url	http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/1/Review_of_Current_Practices_and_Development_of_Islamic_Micro_Credit_and_Micro_Financing.pdf
first_indexed	2023-09-18T20:16:18Z
last_indexed	2023-09-18T20:16:18Z
_version_	1777407810662825984

Review of current practices and development of Islamic micro credit and micro financing

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