Purpose – The purpose of this paper is to examine the growth of Islamic microfinance (bila sudi-qardh) scheme in Andaman Islands and to see how Islamic microfinance sector and social capital contribute to face the challenge in poverty alleviation. Design/methodology/approach – The researcher...

Purpose – The purpose of this paper is to highlight the benefits of starting Islamic microfinance (IMF) in India and the core concepts of IMF. Design/methodology/approach – Methodology of the paper is exploratory in nature and analysing of a new concept for implementation. Findings – The...