By S. Nazim Ali
In the new earlier, Islamic finance has made a powerful case at the banking scene through changing into an alternative choice to the preferred traditional monetary structures, spurring a full of life educational debate on how the Islamic finance can extend its prone to hide the bad. a number of propositions were aired which suggest that the Islamic finance should still give some thought to constructing a good Shari‘a compliant microfinance version.
This publication brings jointly unique contributions from prime experts just about Shari‘a Compliant Microfinance (Islamic Microfinance) to suggest cutting edge ideas and types through rigorously learning experiments carried out in numerous nations. the place reviews of the present microfinance strategies, equipment, regulatory measures and practices have frequently revolved round its perform of charging very excessive curiosity, this publication discusses the various versions that draw on either idea and case experiences to supply a sustainable Shari‘a compliant replacement. Arguing that whereas Islamic finance may need made a extraordinary contribution within the monetary markets, there is still a massive query on the subject of its social relevance, the ebook offers new views and cutting edge strategies to matters dealing with the Islamic microfinance undefined.
A accomplished reference booklet for a person desirous to research extra approximately Shari‘a Compliant Microfinance, this e-book can be of use to scholars and students of microfinance, Islamic finance, and to someone drawn to studying approximately moral and socially liable businesses.