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Purpose The aim of this paper is to propose and verify a structured model for Islamic micro-finance in Bangladesh. The Islamic micro-investment model (IMIM) aims to harness the role of the Waqf /philanthropic sector to empower micro-entrepreneurs. Design/methodology/approach The researchers use...
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Purpose Without prejudice to the efficacy of other poverty alleviation mechanisms, micro-financing arguably enjoys relative prominence. However, notwithstanding the remarkable loan repayment rate that the microfinance firms report, they still face the challenge of sustainability. The paper aims...
Persistent link: https://www.econbiz.de/10014745717
Purpose – This paper aims to highlight the challenges faced by the Islamic microfinance institutions (MFIs) and map out suggestions in overcoming the issues. Design/methodology/approach – This is a conceptual paper. Findings – Among the challenges are low market penetration, sustainability...
Persistent link: https://www.econbiz.de/10014745735