Financial and Social Performances of Islamic Microfinance Service Provider With Mobile Banking

Microfinance and Mobile Banking: Blurring the Lines?

to emerge in the Philippines. After being in the wholesale microfinance lending business for two years, BanKO (which is licensed as a savings and thrift bank) was ready to jump into retail microfinance by using the mobile phone as its main channel. With years of experience at Bank of the Philippine Islands (BPI), Chief Executive Officer (CEO) Teresita Tan knew all too well the high cost of bran...

Social and financial efficiency of Islamic microfinance institutions: A Data Envelopment Analysis application

Microfinance has been developed as alternative solution for global poverty alleviation effort in the last 30 years. Microfinance institution (MFI) has unique characteristic wherein they face double bottom line objectives of outreach to the poor and financial sustainability. This study proposes a two-stage analysis to measure Islamic Microfinance institutions (IMFIs) performance by comparing the...

Internet Banking Law: An Iranian Perspective Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic

Bank supervision and monetary policy are strategic concepts in the economy of countries. Development of electronic communications, especially in online and international spheres, has largely threatened financial services in view of security and illegal access to banking networks. Anonymity and identity theft has endangered electronic commerce by crimes like phishing, fraud and different types...

Microfinance and Mobile Banking: The Story So Far

Kalanda, chief executive officer of Opportunity Bank in Malawi, sat in his office reviewing strategic plans for 2008.1 The commercial microfinance bank had doubled in size once again in 2007, and now had more than 150,000 customers.2 In a country where 80 percent of the people live in rural areas with little infrastructure, Opportunity Bank knew that traditional models of microfinance would not...

International Journal of Excellence in Islamic Banking and Finance Islamic Banking Service Quality and Withdrawal Risk: The Indonesian Experience