The role of Islamic microfinance in poverty alleviation and environmental awareness in Pasuruan, East Java, Indonesia

The role of Islamic microfinance in poverty alleviation and environmental awareness in Pasuruan, East Java, Indonesia PDF Author: Effendi, Jaenal
Publisher: Universitätsverlag Göttingen
ISBN: 3863951379
Category : Science
Languages : en
Pages : 150

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Book Description
Microfinance is known to be one of the best tools to combat poverty, and believed to have a positive effect on environmental awareness. This book analyses the impacts of Islamic microfinance on both poverty alleviation and environmental awareness and the variation in its effects between different geographical conditions, as well as how it compares in these respects with conventional microfinance. Islamic microfinance institutions (MFIs) had a more significant impact on poverty alleviation than conventional MFIs, but a low effect on awareness of specific environmental issues. Islamic MFIs were also successful in combating poverty regardless of regional differences, but similarly ineffective in contributing to environmental awareness.

The role of Islamic microfinance in poverty alleviation and environmental awareness in Pasuruan, East Java, Indonesia

The role of Islamic microfinance in poverty alleviation and environmental awareness in Pasuruan, East Java, Indonesia PDF Author: Effendi, Jaenal
Publisher: Universitätsverlag Göttingen
ISBN: 3863951379
Category : Science
Languages : en
Pages : 150

Get Book Here

Book Description
Microfinance is known to be one of the best tools to combat poverty, and believed to have a positive effect on environmental awareness. This book analyses the impacts of Islamic microfinance on both poverty alleviation and environmental awareness and the variation in its effects between different geographical conditions, as well as how it compares in these respects with conventional microfinance. Islamic microfinance institutions (MFIs) had a more significant impact on poverty alleviation than conventional MFIs, but a low effect on awareness of specific environmental issues. Islamic MFIs were also successful in combating poverty regardless of regional differences, but similarly ineffective in contributing to environmental awareness.

Islamic Microfinance

Islamic Microfinance PDF Author: Hussain Mohi ud Din Qadri
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3111415872
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
Islamic microfinance is one of the most important sectors of Islamic social finance, which plays a very important role in curbing poverty and improving the standard of living, per capita income, employment level as well as achieving Maqasid al-Shariah, profitability and sustainability. This role of Islamic microfinance has become more crucial in the pandemic period. It has been clearly witnessed in developing countries such as Pakistan and Bangladesh, how Islamic microfinance institutions helped deprived and affected communities during the pandemic. Another important development during the pandemic was the introduction of blended models of Islamic microfinance such as waqf-based Islamic microfinance, a zakat-based model and the combination of Islamic commercial and social finance. Islamic microfinance institutions also aim to harness the power of digitalization and fintech, but they need to consider the necessary success factors to realize and gain the real benefits of technology. There are some major challenges related to regulations, management issues, lack of skilled human resources, a wide digital divide and low level of financial literacy in developing countries. These challenges need to be addressed to ensure stability, steady growth and sustainability in the sector. This book is a compendium on Islamic microfinance, including case studies from seven jurisdictions and prospects for the sector. The book will be a major contribution to the literature of Islamic economics and finance and a guide of equal importance for students, academics, institutions, regulators, fintechs, policy makers and the general public.

The Islamic Finance Industry

The Islamic Finance Industry PDF Author: Burak Çıkıryel
Publisher: Taylor & Francis
ISBN: 1000882659
Category : Business & Economics
Languages : en
Pages : 159

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Book Description
Islamic finance has emerged to meet the financial needs of people who seek a different approach to conventional banking and finance. Due to its late inception, Islamic finance has often been regarded as an "infant industry" compared to its traditional counterparts. Even though the Islamic finance industry is still classified as nascent, it has shown rapid growth in the last decade or so. The primary objective of this book is to highlight the main issues and challenges the Islamic finance industry faces and to offer practical solutions. Firstly, the book classifies the main components of Islamic finance such as money and banking, capital markets, fintech, microfinance, insurance as well as morality and governance. Secondly, all of the chapters are combined according to their relationship and link with each other so as to provide readers with a unique and holistic overview of the subject. The chapters are written by well-renowned experts in the field. As well as offering readers theoretical information about each subject under discussion, it also advances practical solutions that can contribute to the development of each field. The book answers questions such as how money is created by banks; what the business model of Islamic banking should look like; whether Islamic microfinance institutions are sustainable; what the likely framework of takaful should be; what the potential role of fintech could be in reshaping the Islamic financial system, and where and whether morality fits in the financial system. The book will attract the attention of students, researchers, practitioners, regulators and policymakers.

Revitalization of Waqf for Socio-Economic Development, Volume II

Revitalization of Waqf for Socio-Economic Development, Volume II PDF Author: Khalifa Mohamed Ali
Publisher: Springer
ISBN: 3030184498
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
This book provides a comprehensive analysis of Waqf management and its impact on socio-economic development, specifically financial inclusion and sustainable development as well as of the legal issues in Waqf management in IsDB member countries and jurisdictions. It explores various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries such as Waqf regulation, its modernization, and relationship to Maqasid Al-Shari’ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects, among others. Comprising different issues and perspectives adopted by various researchers, the work is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance.

Islamic Social Finance

Islamic Social Finance PDF Author: Valentino Cattelan
Publisher: Routledge
ISBN: 1351987437
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
The current dynamics of world economy show remarkable changes in the socio-economics of credit provision and entrepreneurship. If the emergence of the sharing economy is fostering innovative models of collaborative agency, networking and venture business, economic actors are also looking for a more sustainable development, able to foster profitability as well as community welfare. This book investigates Islamic social finance as a paramount example of this economy under change, where the balance between economic efficiency and social impact is contributing to the transformation of the market from an exchange- to a community-oriented institution. The collected essays analyse the social dimension of entrepreneurship from an Islamic perspective, highlighting the extent to which the rationales of "sharing," distribution and cooperation, affect the conceptualization of the market in Islam as a place of "shared prosperity." Moving from the conceptual "roots" of this paradigm to its operative "branches," the contributing authors also connect the most recent trends in the financial market to Shari‘ah-based strategies for community welfare, hence exploring the applications of Islamic social finance from the sharing economy, FinTech and crowdfunding to microcredit, waqf, zakat, sukuk and green investments. An illuminating reference for researchers, practitioners and policy-makers dealing with the challenges of a global market where not only is diversity being perceived as a value to be fostered, but also as an important opportunity for a more inclusive economy for everybody.

Islamic Finance

Islamic Finance PDF Author: Nadia Mansour
Publisher: Springer Nature
ISBN: 3031487702
Category :
Languages : en
Pages : 814

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Book Description


Green Corridors and Regional Economic Integrations for Sustainable Development

Green Corridors and Regional Economic Integrations for Sustainable Development PDF Author: Qaiser Abbas
Publisher: Frontiers Media SA
ISBN: 2832523390
Category : Science
Languages : en
Pages : 297

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Book Description


Global Financial Development Report 2014

Global Financial Development Report 2014 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 0821399853
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
The second issue in a new series, Global Financial Development Report 2014 takes a step back and re-examines financial inclusion from the perspective of new global datasets and new evidence. It builds on a critical mass of new research and operational work produced by World Bank Group staff as well as outside researchers and contributors.

Microfinance Institutions

Microfinance Institutions PDF Author: R. Mersland
Publisher: Springer
ISBN: 113739966X
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less straightforward compared to performance studies in traditional banking research. This book contains new MFI performance research by top scholars from across the globe.

Poverty and Charity in Medieval Islam

Poverty and Charity in Medieval Islam PDF Author: Adam Sabra
Publisher: Cambridge University Press
ISBN: 9780521772914
Category : History
Languages : en
Pages : 214

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Book Description
A full-length treatment of poverty and charity in medieval Islamic society.