Author Archives: IMFN - Page 2
Uzbekistan has Great Potential for Islamic Banking and Finance in CIS
CIS Islamic Banking and Finance Forum Auspiciously Concluded in Tashkent CIS Islamic Banking and Finance Forum was successfully concluded in Tashkent-Uzbekistan, yesterday. The purpose of that forum was to promote,…
Tackling Poverty via Higher Agri lending
BANKS have increased their agricultural lending; but whether higher lending has had any impact on rural poverty remains debatable. The percentage of those suffering from undernourishment, between 2000 and 2016,…
Emerging Phenomenon of Islamic Banking in CIS Countries
Writer: Muhammad Zubair Mughal Islamic banking and finance total volume has crossed $ trillion globally. The growth of the Islamic banking and finance volume in different continents and areas is…
Regulatory landscape of Islamic finance in the US By Camille Paldi
There are currently 25 Islamic financial institutions (IFIs) operating in the US. These institutions are state-chartered entities subject to the same state and federal regulatory guidelines, corporate governance, banking and…
THE EFFECT OF MICROFINANCE INSTITUTIONS ACTIVITIES ON ECONOMIC GROWTH IN ARAB COUNTRIES
By: Lubna Sameer Khalaf, Freelance Researcher, Amman, Jordan Nahil Ismail Saqfalhait, TheUniversity of Jordan, Amman, Jordan Abstract This paper aims to investigate the impact of Micro-Finance Institutions (MFIs) on economic…
How Islamic Finance/ Microfinance Can Reduce Poverty
The official law of Islam is called Sharia. It is based mostly on the Quran, but on other holy Islamic texts as well. Sharia covers a wide range of topics,…
Jordan’s improved Financial Inclusion still leaves Huge Room for Growth
The last few years has seen tremendous improvement in Jordan’s financial inclusion rate. In 2014, barely a quarter of adults held a bank account. Numbers from 2017 show that’s jumped…
Islamic Finance Promotes Halal Industry
For the Promotion of Halal Industry, Islamic Finance Plays an Important Role: Zubair Mughal The Volume of Global Halal Industry is US $ Trillion which is increasing continuously For the…
World Bank Lending $700m to Morocco to Support “Digital Transformation,” Including Islamic Finance, MSME Finance, Mobile Payment Systems, Angel Investing
The World Bank recently approved loan funding of EUR 611 million (USD 700 million) for the nation of Morocco with the objective of promoting a “digital transformation.” The project will…
Islamic Centre Call On CBN For Micro-finance Banks Policy Review
The International Centre for Islamic Culture and Education (ICICE) has appealed to the Central Bank of Nigeria (CBN) to review the recent increase of minimum capital base of Microfinance Banks.…