Financial inclusion, poverty and shared prosperity in sub-Saharan African countries

This article attempts to determine the role of financial inclusion in promoting shared prosperity in some selected Sub-Saharan African (SSA) countries. This paper will also clarify the role of Islamic microfinance institutions to reduce inequality by promoting financial inclusion. Even though variou...

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Main Authors: Maouloud, Vatimetou Mokhtar, Kassim, Salina, Othman, Anwar Hasan Abdullah
Format: Article
Language:English
Published: IJSSER 2019
Subjects:
Online Access:http://irep.iium.edu.my/78380/
http://irep.iium.edu.my/78380/1/78380%20-%20Financial%20inclusion%2C%20poverty%20and%20shared%20prosperity%20in%20sub-Saharan%20African%20countries.pdf
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author Maouloud, Vatimetou Mokhtar
Kassim, Salina
Othman, Anwar Hasan Abdullah
author_facet Maouloud, Vatimetou Mokhtar
Kassim, Salina
Othman, Anwar Hasan Abdullah
author_sort Maouloud, Vatimetou Mokhtar
building IIUM Repository
collection Online Access
description This article attempts to determine the role of financial inclusion in promoting shared prosperity in some selected Sub-Saharan African (SSA) countries. This paper will also clarify the role of Islamic microfinance institutions to reduce inequality by promoting financial inclusion. Even though various strategies have been adopted by different governments in SSA to alleviate poverty and income inequality, these problems are persisting and even increasing. This paper is a conceptual research; thus, the methodology will not be discussed. This research suggests that financial inclusion through Islamic microfinance is an effective solution to improve shared prosperity and alleviate poverty in these countries. Therefore, governments should adopt strategies to enhance and ease access to finance among poor and vulnerable population.
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institution International Islamic University Malaysia
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language English
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spelling iium-783802020-02-20T03:21:19Z http://irep.iium.edu.my/78380/ Financial inclusion, poverty and shared prosperity in sub-Saharan African countries Maouloud, Vatimetou Mokhtar Kassim, Salina Othman, Anwar Hasan Abdullah HG3368 Islamic Banking and Finance This article attempts to determine the role of financial inclusion in promoting shared prosperity in some selected Sub-Saharan African (SSA) countries. This paper will also clarify the role of Islamic microfinance institutions to reduce inequality by promoting financial inclusion. Even though various strategies have been adopted by different governments in SSA to alleviate poverty and income inequality, these problems are persisting and even increasing. This paper is a conceptual research; thus, the methodology will not be discussed. This research suggests that financial inclusion through Islamic microfinance is an effective solution to improve shared prosperity and alleviate poverty in these countries. Therefore, governments should adopt strategies to enhance and ease access to finance among poor and vulnerable population. IJSSER 2019-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78380/1/78380%20-%20Financial%20inclusion%2C%20poverty%20and%20shared%20prosperity%20in%20sub-Saharan%20African%20countries.pdf Maouloud, Vatimetou Mokhtar and Kassim, Salina and Othman, Anwar Hasan Abdullah (2019) Financial inclusion, poverty and shared prosperity in sub-Saharan African countries. International Journal of Social Science and Economic Research, 04 (12). pp. 7192-7199. ISSN 2455-8834 http://ijsser.org/more2019.php?id=549
spellingShingle HG3368 Islamic Banking and Finance
Maouloud, Vatimetou Mokhtar
Kassim, Salina
Othman, Anwar Hasan Abdullah
Financial inclusion, poverty and shared prosperity in sub-Saharan African countries
title Financial inclusion, poverty and shared prosperity in sub-Saharan African countries
title_full Financial inclusion, poverty and shared prosperity in sub-Saharan African countries
title_fullStr Financial inclusion, poverty and shared prosperity in sub-Saharan African countries
title_full_unstemmed Financial inclusion, poverty and shared prosperity in sub-Saharan African countries
title_short Financial inclusion, poverty and shared prosperity in sub-Saharan African countries
title_sort financial inclusion, poverty and shared prosperity in sub-saharan african countries
topic HG3368 Islamic Banking and Finance
url http://irep.iium.edu.my/78380/
http://irep.iium.edu.my/78380/
http://irep.iium.edu.my/78380/1/78380%20-%20Financial%20inclusion%2C%20poverty%20and%20shared%20prosperity%20in%20sub-Saharan%20African%20countries.pdf