This is a comment as discussant of a paper entitled “Choice between debt and equity contracts and asymmetrical information: Some empirical evidence" by Qazem Sadr and Zameer Iqbal, included in Iqbal, M. and Llewellyn, David T. (edit), Islamic Banking and Finance: New Perspectives on Profit...

Pakistan is a lower middle-income country, which is home to a large number of poor, constituting about one-third of its population. The incidence of poverty has remained at around 30 percent of the population during last four decades. The country has been struggling for poverty reduction and has...

A careful analysis of the Shariah-legal framework for Islamic endowments (awqaf) across the globe reveals that the Shariah law as well as the national laws of awqaf are rooted in several considerations. Preservation of the endowed assets seems to be the overriding consideration, which has been...

This case study discusses how microfinance contributes to poverty alleviation. It talks about programs that have poverty reduction effects such as developing livelihood enterprises and developing growth enterprises.