The Role of Islamic Microfinance for Poverty Alleviation in Mogadishu, Somalia: An Exploratory Study
This research aims to investigate the current practice of Islamic microfinance in Mogadishu, Somalia and to examine the effectiveness of Islamic microfinance institutions in Somalia on poverty reduction. In total, 65 microfinance recipients participated in the survey. This research adopts a quant...
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| Format: | Article |
| Language: | English |
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New Millennium Discoveries
2019
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| Online Access: | http://irep.iium.edu.my/76747/ http://irep.iium.edu.my/76747/1/Elmi%20Xalane%20%26%20Che%20Mohd%20Salleh%20%282019%29.pdf |
| _version_ | 1848788333299236864 |
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| author | Elmi Xalane, Mohamed Abdi Che Mohd Salleh, Marhanum |
| author_facet | Elmi Xalane, Mohamed Abdi Che Mohd Salleh, Marhanum |
| author_sort | Elmi Xalane, Mohamed Abdi |
| building | IIUM Repository |
| collection | Online Access |
| description | This research aims to investigate the current practice of Islamic microfinance in
Mogadishu, Somalia and to examine the effectiveness of Islamic microfinance
institutions in Somalia on poverty reduction. In total, 65 microfinance recipients
participated in the survey. This research adopts a quantitative methodology, using a survey and descriptive analysis. Findings show that the current practice of Islamic microfinance in Mogadishu is serving the poor and that these microfinance activities are effective in terms of obtaining loans, enhancement of standards of living and usefulness of the system. Nonetheless, there is a low level of awareness among the locals regarding the availability of Islamic microfinance. |
| first_indexed | 2025-11-14T17:39:09Z |
| format | Article |
| id | iium-76747 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:39:09Z |
| publishDate | 2019 |
| publisher | New Millennium Discoveries |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-767472019-12-20T07:08:16Z http://irep.iium.edu.my/76747/ The Role of Islamic Microfinance for Poverty Alleviation in Mogadishu, Somalia: An Exploratory Study Elmi Xalane, Mohamed Abdi Che Mohd Salleh, Marhanum H Social Sciences (General) HG Finance HG3368 Islamic Banking and Finance HJ Public Finance HV Social pathology. Social and public welfare This research aims to investigate the current practice of Islamic microfinance in Mogadishu, Somalia and to examine the effectiveness of Islamic microfinance institutions in Somalia on poverty reduction. In total, 65 microfinance recipients participated in the survey. This research adopts a quantitative methodology, using a survey and descriptive analysis. Findings show that the current practice of Islamic microfinance in Mogadishu is serving the poor and that these microfinance activities are effective in terms of obtaining loans, enhancement of standards of living and usefulness of the system. Nonetheless, there is a low level of awareness among the locals regarding the availability of Islamic microfinance. New Millennium Discoveries 2019-10-18 Article PeerReviewed application/pdf en http://irep.iium.edu.my/76747/1/Elmi%20Xalane%20%26%20Che%20Mohd%20Salleh%20%282019%29.pdf Elmi Xalane, Mohamed Abdi and Che Mohd Salleh, Marhanum (2019) The Role of Islamic Microfinance for Poverty Alleviation in Mogadishu, Somalia: An Exploratory Study. International Journal of Management and Applied Research, 6 (4). pp. 355-365. ISSN 2056-757X |
| spellingShingle | H Social Sciences (General) HG Finance HG3368 Islamic Banking and Finance HJ Public Finance HV Social pathology. Social and public welfare Elmi Xalane, Mohamed Abdi Che Mohd Salleh, Marhanum The Role of Islamic Microfinance for Poverty Alleviation in Mogadishu, Somalia: An Exploratory Study |
| title | The Role of Islamic Microfinance for
Poverty Alleviation in Mogadishu,
Somalia: An Exploratory Study |
| title_full | The Role of Islamic Microfinance for
Poverty Alleviation in Mogadishu,
Somalia: An Exploratory Study |
| title_fullStr | The Role of Islamic Microfinance for
Poverty Alleviation in Mogadishu,
Somalia: An Exploratory Study |
| title_full_unstemmed | The Role of Islamic Microfinance for
Poverty Alleviation in Mogadishu,
Somalia: An Exploratory Study |
| title_short | The Role of Islamic Microfinance for
Poverty Alleviation in Mogadishu,
Somalia: An Exploratory Study |
| title_sort | role of islamic microfinance for
poverty alleviation in mogadishu,
somalia: an exploratory study |
| topic | H Social Sciences (General) HG Finance HG3368 Islamic Banking and Finance HJ Public Finance HV Social pathology. Social and public welfare |
| url | http://irep.iium.edu.my/76747/ http://irep.iium.edu.my/76747/1/Elmi%20Xalane%20%26%20Che%20Mohd%20Salleh%20%282019%29.pdf |