Demographics Differences in the Microfinance Clients' Perception Towards Islamic Microfinance: The Case Of Nigeria

Measuring poverty of microfinance clients in Haiti

Fonkoze, a microfinance institution in Haiti, has used a poverty “scorecard” to benchmark existing client data to the $1-a-day extreme poverty line. By referring to data from a national survey of household income, 12 variables already routinely collected by Fonkoze were found to be suitable as indicators of whether a household is above or below the extreme poverty line. A scorecard was construc...

Islamic Microfinance: An Emerging Market Niche

Muslim-majority countries do not use formal financial services (Honohon 2007).1 Even when financial services are available, some people view conventional products as incompatible with the financial principles set forth in Islamic law. In recent years, some microfinance institutions (MFIs) have stepped in to service low-income Muslim clients who demand products consistent with Islamic financial ...

Islamic Microfinance, Providing Credit to the Poor:A Case Study of Iran1

The general perception of Islamic finance is that it prohibits the practice of paying and receiving interest, but Islamicfinance is much broader than interest rate prohibition. Islamic financial services can be viewed as a set of financialservices which are diversified based on the needs of society.Since in THE Iranian Economy most of the enterprises are micro and/or small, micro financing seem...

Islamic Microfinance Theory, Policy and Practice

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Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic