Review of current practices and development of Islamic micro credit and micro financing
Purpose: This study aims to review the current practices of micro credit and micro financing in several Muslim countries namely Bangladesh, Pakistan, Sudan, Malaysia and Indonesia. Design/Methodology/Approach: The methodology used in this research is mainly literature review....
| Main Authors: | , , |
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| Format: | Book Chapter |
| Language: | English |
| Published: |
IIUM Press
2009
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/1/Review_of_Current_Practices_and_Development_of_Islamic_Micro_Credit_and_Micro_Financing.pdf |
| _version_ | 1848776779819384832 |
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| author | Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim |
| author_facet | Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim |
| author_sort | Md Saad, Norma |
| building | IIUM Repository |
| collection | Online Access |
| description | Purpose: This study aims to review the current practices of micro credit and micro financing in several Muslim countries namely Bangladesh, Pakistan, Sudan, Malaysia and Indonesia.
Design/Methodology/Approach: The methodology used in this research is mainly literature review.
Finding : This study found that the practices of micro credit and micro finance in Bangladesh, Malaysia and Indonesia have succeeded in alleviating poverty albeit following conventional methods. This industry is not well developed in Pakistan and Sudan as it is at its formative stage. There has not been much data found on Islamic microfinance practices with the exception of Indonesia which indicate poor performance.
Implication: The study is only preliminary research and the findings of this study will hopefully provide focal areas for further research in the near future. |
| first_indexed | 2025-11-14T14:35:31Z |
| format | Book Chapter |
| id | iium-7060 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:35:31Z |
| publishDate | 2009 |
| publisher | IIUM Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-70602011-11-22T04:54:05Z http://irep.iium.edu.my/7060/ Review of current practices and development of Islamic micro credit and micro financing Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim HG Finance Purpose: This study aims to review the current practices of micro credit and micro financing in several Muslim countries namely Bangladesh, Pakistan, Sudan, Malaysia and Indonesia. Design/Methodology/Approach: The methodology used in this research is mainly literature review. Finding : This study found that the practices of micro credit and micro finance in Bangladesh, Malaysia and Indonesia have succeeded in alleviating poverty albeit following conventional methods. This industry is not well developed in Pakistan and Sudan as it is at its formative stage. There has not been much data found on Islamic microfinance practices with the exception of Indonesia which indicate poor performance. Implication: The study is only preliminary research and the findings of this study will hopefully provide focal areas for further research in the near future. IIUM Press 2009 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/7060/1/Review_of_Current_Practices_and_Development_of_Islamic_Micro_Credit_and_Micro_Financing.pdf Md Saad, Norma and Abdul Razak, Dzuljastri and Abdul Rahman, Abdul Rahim (2009) Review of current practices and development of Islamic micro credit and micro financing. In: Proceedings of the Seminar on Research Findings 2008. IIUM Press, Kuala Lumpur, pp. 247-264. ISBN 9789833855780 http://rms.research.iium.edu.my/bookstore/Products/115-wwwgooglecom.aspx |
| spellingShingle | HG Finance Md Saad, Norma Abdul Razak, Dzuljastri Abdul Rahman, Abdul Rahim Review of current practices and development of Islamic micro credit and micro financing |
| title | Review of current practices and development of Islamic micro credit and micro financing |
| title_full | Review of current practices and development of Islamic micro credit and micro financing |
| title_fullStr | Review of current practices and development of Islamic micro credit and micro financing |
| title_full_unstemmed | Review of current practices and development of Islamic micro credit and micro financing |
| title_short | Review of current practices and development of Islamic micro credit and micro financing |
| title_sort | review of current practices and development of islamic micro credit and micro financing |
| topic | HG Finance |
| url | http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/ http://irep.iium.edu.my/7060/1/Review_of_Current_Practices_and_Development_of_Islamic_Micro_Credit_and_Micro_Financing.pdf |