Posts Tagged ‘Islamic’
Conventional MFI’s increase liabilities whereas Islamic MFI’s increase Assets
From the commencement of microfinance services in Pakistan, very well-known MFI's are working in this field and providing the conventional microfinance financial services. The goal of every MFI was to alleviate the poverty level, to empower women and the poor community. But unfortunately, all conventional MFI's fail to attain these goals. It is [...]
Islamic Microfinance: Dawn of a New era?
Islamic Microfinance: Dawn of a New Era? Microfinance is considered to be a panacea against poverty. It is being used to fight poverty in each country and region with different demographics. Every region has tailored Microfinance to its own needs, culture and requirements. Potential demand for tailor made microfinance is still largely unmet [...]