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TitelA Shariah-complaint microfinance fund : a much needed tool for the accomplishment of Islamic economic's goals  
AuteurA.G. Brugnoni
Jaar2010
TijdschriftSpanda Journal : quarterly of the Spanda Foundation
JaargangI
Serienummer2
Pagina's35-37
ISSN[2210-2175]
OrganisatieSpanda Foundation
OnderwerpEconomic Development and Trade
Trefwoordenethics, finance, poverty
SamenvattingAvailable 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.  
TaalEngels
CategorieGeneral
Soort documentArtikel
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