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MICROFINANCE PAPER-WRAP UP: “Emerging Perspectives on Youth Savings;” by...

The paper by Tanaya Kilara and Alexia Latortue addresses the topic of familiarizing poor individuals with savings programs. This is particularly important at early ages. Financial providers can offer...

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Family businesses in Middle East seek government support

Family businesses in the Middle East and in the Gulf region face crucial challenges and therefore turn to the government for help and support. The chairman of Al Fahim Group explains that government...

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Islamic microfinance ‘good alternative’ for alleviation of poverty

Conventional microfinance has proven ineffective in alleviating poverty. Islamic finance is suggested as a better alternative. Relevant to the World Poverty Day, a seminar concerning the global issues...

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International Conference in Indonesia: poverty alleviation: Islamic...

CEO of AlHuda Centre of Islamic Banking and Economics - Zubair Mughal - explained at an International Microfinance Conference in at an International Microfinance Conference that in the time of the...

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Islamic finance job openings October 2012

IslamicFinance.de offers an overview about new job openings of October 2012 herewith - firms aiming to be included please send a job profile/hyperlink to newsdesk@islamicfinance.de - the full details...

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Deloitte: Challenges mounting for Middle East family businesses

Family businesses play a key role in the business scene of the Middle East and are intrinsic to the region's economy as well. According to the latest Deloitte ME Point of View publication however,...

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Islamic finance title from German translated to Chinese

Dear Reader, The German language book on Islamic finance by the Editor of IslamicFinance.de and Dr Wackerbeck from Booz Consultants is now translated to Chinese. Please find the biographical...

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Family businesses and corporate governance in the Middle East

A key business demographic in the Middle East are family businesses. However, various factors like increased competition, a global economy that is going through turmoil, reduced or more expensive...

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Islamic microfinance can bring people above poverty line

Islamic microfinance can bring people above the poverty line as well as enable self-reliance through a regular source of income. According to Muhammad Zubair Mughal, CEO of AlHuda Centre of Islamic...

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Outlook & Review 2012/2013

Dear Reader, Islamic finance had another great year. Many of its market segments progressed, like for example the Sukuk market gaining more maturity. Despite the ongoing debt crisis a good sign of hope...

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Shari`ah-compliant Loans for Poor Muslims

WAFAA - a non-profit organization - provides Shari`ah-compliant loans for low-income entrepreneurs in order to enable a better life. Co-founder and Managing Partner of WAFAA - Hammam Khaled - explains...

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MFI’s of 27 Countries unified for the development of Islamic Microfinance

The Global Islamic Microfinance Forum in the UAE united MFI’s of 27 Countries to elaborate on the development of Islamic Microfinance. The event was marked by unanimity on the decision to work...

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MICROCAPITAL BRIEF: African Charitable Society for Mother and Child Care of...

According to a recent report, the African Charitable Society for Mother and Child Care has signed an agreement which allows access to USD 100,000 from the Islamic Solidarity Fund. The Palestinian fund...

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Djibouti develops framework for Islamic Microfinance

The central bank of Djibouti develops a regulation for Islamic microfinance as it is seen as a strategic tool to fight poverty. The Agence Djiboutienne de Développement Social (ADDS) aims to establish...

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ISLAMIC FINANCE AT THE AGRICULTURAL DEVELOPMENT FUND

Technical report for free download regarding the Agricultural Development Fund (ADF), the first lender to the agricultural sector in Afghanistan in over 25 years, which was initially designed to be a...

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Islamic Microfinance on the Rise

An estimated 1.28 million clients around the world use Sharia-compliant microfinance services, a four-fold increase since 2006. The number of providers offering these products has doubled since 2006....

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Ethica Institute of Islamic Finance Interviews Akhuwat, the World’s First...

Ethica Institute of Islamic Finance in Dubai interviewed Pakistan-based Akhuwat, a microfinance program that has given loans to over 1 million people, without charging interest. Akhuwat-founder Dr....

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MICROFINANCE PUBLICATION ROUND-UP: Social Performance in Nepal,...

The report “State of Social Performance in Nepal” from the US-based Microfinance Information Exchange (MIX) examines the social performance (SP) of microfinance institutions (MFIs) in Nepal. The...

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Islamic microfinance market size reaches USD 1 billion: Pak CIBE

Islamic microfinance is rapidly gaining acceptance in Muslim and non-Muslim countries due to its success in poverty eradication. According to Muhammad Zubair Mughal, Chief Executive Officer of...

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Islamic Microfinance in Yemen: Challenges and Opportunities

In an effort to foster hope and stability among Yemen’s por, Al-Amal Microfinance Bank is working to introduce a range of Sharia-compliant microfinance products aimed at reaching the unbanked....

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