Zoekopdracht: subjects: "Economic Development and Trade"
|Titel||A Shariah-complaint microfinance fund : a much needed tool for the accomplishment of Islamic economic's goals|
|Tijdschrift||Spanda Journal : quarterly of the Spanda Foundation|
|Onderwerp||Economic Development and Trade|
|Trefwoorden||ethics, finance, poverty|
|Samenvatting||Available evidence suggests that a strong pent-up demand for Islamic microfinance products exist across the Muslim countries. A number of market studies show potentially strong demand in Jordan, Algeria, Yemen, Syria, Indonesia, amongst many other OIC countries. Yet Islamic microfinance instruments are sporadically used, leaving the brunt of alleviating the social problems of the Ummah to charity and welfare traditional organisations. It is suggested that a more structured approach with the use of the modern financial tools, as experienced by the conventional sector with the use of mutual funds, should add credibility to the Islamic finance proposition and help eradicating poverty in the Muslim world.|
|Rechten||© 2010 Spanda Foundation|