Access the full text.
Sign up today, get DeepDyve free for 14 days.
(2016)
Development of Islamic microfinance: a sustainable poverty reduction approach
T. Straus (2010)
A sobering assessment of microfinance’s impact
S. Khandker (1998)
Fighting Poverty with Microcredit: Experience in Bangladesh
M. Bateman, Ha-Joon Chang (2012)
Microfinance and the Illusion of Development: From Hubris To Nemesis in Thirty YearsSRPN: Microfinance (Topic)
M. Clemens, G. Demombynes (2013)
The new transparency in development economics: lessons from the millennium villages controversy
M. Bateman (2011)
Confronting microfinance : undermining sustainable development
(2016)
IMF and Zakat fund: a sustainable poverty reduction approach
Hamza Khraim (2010)
Measuring Religiosity in Consumer Research From an Islamic PerspectiveJournal of Economic and Administrative Sciences, 26
(1991)
Limits to the alleviation of poverty through non-farm credit: a comment
The Review of Financial Studies, 23
Md. Rahman (2013)
Islamic Microfinance: A Tool for Poverty AlleviationAsia-Pacific Journal of Rural Development, 23
M. Bateman (2010)
Why Doesn t Microfinance Work?: The Destructive Rise Of Local Neoliberalism
Md. Rahman (2010)
Islamic micro-finance programme and its impact on rural poverty alleviationThe International Journal of Banking and Finance, 7
Kyoto Bulletin of Islamic Area Studies, 1
Nathanael Goldberg (2005)
Measuring the Impact of Microfi nance: Taking Stock of What We Know
S. Chowdhury (2014)
Regulated Microfinance in Bangladesh- Prosper and ChallengesInternational Journal of Research, 1
Salwana Hassan, R. Rahman, Nordin Bakar, R. Mohd, A. Muhammad (2013)
Designing islamic microfinance products for islamic banks in MalaysiaMiddle-East Journal of Scientific Research, 17
Soong Lee (2010)
World development indicators 2010
(2010)
Debt trends in Peru’s personal, microfinance sectors spark
World Bank (2015)
10.1596/978-1-4648-0440-3
B. Coleman (1999)
The impact of group lending in Northeast ThailandJournal of Development Economics, 60
M. Pitt, S. Khandker (1998)
The impact of Group‐Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?Journal of Political Economy, 106
Poverty Reduction (2012)
Scaling up Islamic Microfinance in Bangladesh through the Private Sector : Experience of Islami Bank Bangladesh Limited ( IBBL ) Summary
P. Honohan (2008)
Cross-country variation in household access to financial servicesJournal of Banking and Finance, 32
S. Nasrin, A. Baskaran, R. Rasiah (2017)
Microfinance and savings among the poor: evidence from Bangladesh microfinance sectorQuality & Quantity, 51
N. Srinivasan (2010)
Microfinance state of the sector report 2010
Ian Keeler, A. Wright (2013)
Amateurism in an Age of Professionalism: An Empirical Examination of an Irish Sporting Culture: The GAAInternational journal of business and social research, 3
J. Morduch, E. Littlefield, Syed Hashemi (2003)
Is microfinance an effective strategy to reach the Millennium Development Goals
Ines Abdelkader, A. Salem (2013)
Islamic vs Conventional Microfinance Institutions: Performance analysis in MENA countriesInternational journal of business and social research, 3
G. Roodman, J. Morduch (2009)
The Impact of Microcredit on the Poor in Bangladesh: Revisiting the EvidenceJournal of Development Studies, 50
N. Saad (2012)
Microfinance and Prospect for Islamic Microfinance Products: The Case of Amanah Ikhtiar MalaysiaAdvances in Asian Social Science, 1
Abdul Rahman, A. Rahim (2007)
Islamic microfinance: a missing component in Islamic banking (Islamic economics: theoretical and practical perspectives in a global context), 1
R. Ismal (2013)
The Islamic gracious monetary instruments: a theoretical approachJournal of Economic and Administrative Sciences, 29
K. Ghokale (2009)
As microfinance grows in India, so do its rivals
(2017)
Sustainable development of Islamic microfinance: a way out for poverty reduction
(1989)
Grameen Bank: organization and operation
C. Waterfield (2008)
Explanation of compartamos interest rates (Version 2: 19 May 2008), 2
Aslam Mia (2016)
An Overview of the Microfinance Sector in BangladeshEast Asian Journal of Business Management, 7
(2009)
Microfinance industry report: Bangladesh 2009
American Economic Journal: Applied Economics, 7
J. Morduch (1998)
Does Microfinance Really Help the Poor? New Evidence from Flagship Programs in Bangladesh
C. Karageorgos, A. Patsiaouras, D. Kokaridas, A. Kriemadis, Antonios Travlos (2017)
Validity and Reliability of Total Quality Management Questionnaire in Greek Primary Education SettingsEast Asian Journal of Business Management, 7
N. Saad, J. Duasa (2011)
An Economic Impact Assessment of a Microcredit Program in Malaysia: The Case of Amanah Ikhtiar Malaysia (Aim)International Journal of Business and Society, 12
Dean Karlan, Jonathan Zinman (2007)
Expanding Credit Access: Using Randomized Supply Decisions to Estimate the ImpactsEmerging Markets: Economics
N. Bhowmick (2013)
After much heartbreak, some good news at last for Bangladesh
(2010)
Measuring the impact of microfinance: our perspective
R. Anthony, Kadvekar Shravan (2014)
Reality Check –Understanding and Adopting ICT ToolsInternational Journal of Research, 1
M. Yunus (1987)
9. Grameen Bank: Organization and Operation
H. Begum, M. Alam, A. Alam, A. Awang (2015)
Islamic microfinance as an instrument for poverty alleviationAdvanced Science Letters, 21
(2014)
New trends in global Islamic microfinance
C. Gutiérrez, A. Krauss (2015)
What Drives Financial Inclusion at the Bottom of the Pyramid? Empirical Evidence from Microfinance Panel DataDevelopment Economics: Macroeconomic Issues in Developing Economies eJournal
P. Cain (2010)
Microfinance meltdown in Bosnia
(1989)
Limits to the alleviation of poverty through non-farm credit
Bader Al-Shammari (2013)
An investigation of voluntary disclosure by Kuwaiti Shariah‐compliant companiesJournal of Economic and Administrative Sciences, 29
B. Armendáriz, J. Morduch (2006)
The Economics of Microfinance
J. Ghosh (2013)
Microfinance and the Challenge of Financial Inclusion for Development, 1
E. Duflo, A. Banerjee, R. Glennerster, Cynthia Kinnan (2013)
The Miracle of Microfinance? Evidence from a Randomized EvaluationERN: Credit Risk (Topic)
Though microfinance has been working for many years as a tool to eradicate poverty from its root, most of the least developed and developing countries are yet to significantly alleviate it from the society. The purpose of this paper is to focus on Shariah-based microfinance products in the context of sustainable poverty alleviation approach and provide them financial benefits to enhance their livelihoods.Design/methodology/approachHere, this qualitative study critically analyzes the basics of the sustainable Islamic microfinance to exterminate the level of poverty.FindingsIslamic microfinance is a more ethical practice than the traditional motives of profit maximization, and it encourages extending the time of repayment if the debtors are in hardship. In some case, it suggests to give charity if the creditor has capability.Research limitations/implicationsMost importantly, research scholars and experts have already criticized the concept of conventional microfinance on the basis of various points, especially for its high rate of interest.Social implicationsIslamic microfinance is provided with a view to fulfill two tools simultaneously, i.e., social and financial inclusion. In this case, credits and Zakah can be given to the extreme poor people for satisfying basic needs. In terms of social responsibility, Islam encourages the people to be soft in case of collecting the lending money.Originality/valueThe study discoursed that sustainable Islamic Microfinance (IM) may be a promising future option to draw the attention of the religiously sensitive people toward the Shariah-based microfinance which can, in turn, mitigate the poverty level.
Journal of Economic and Administrative Sciences – Emerald Publishing
Published: Sep 11, 2019
Keywords: Bangladesh; Sustainable development; Poverty alleviation; Islamic microfinance
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.