Topic: Islamic Microfinance: Does it really work? (27/03/2019)
Speaker: Dr Mohammed Obaidullah, Lead Research Economist of IsDB
Microfinance helps low-income individuals and small businesses to get loans or financing since banks are highly unlikely to serve this segment due to the perceived high risk. However, it is considered a feasible solution to reduce poverty as it helps people from the low-income tier to improve their condition.
Islam promotes poverty alleviation but the lack of Shariah-compliant funds available makes it difficult for small business owners to grow. In this webinar, we will see how Islamic Microfinance can help to solve this issue.
Here were some points discussed:
– How does Islamic Microfinance Work
– Challenges for Islamic Microfinance
– Future of Islamic Microfinance
For more information on Islamic Microfinance: