Archives for Islamic Microfinance
Could microfinance help rebuild Australia’s post-pandemic economy?
The COVID-19 pandemic brought the world to a standstill. Human lives are at risk, economic growth is arrested. By July 2020, the Australian Bureau of Statistics reported that one million Australians…
OPINION: Microfinance in Cambodia has lifted millions of people out of poverty
The Cambodian credit industry has been in the spotlight recently with several reports from NGOs and in the media highlighting issues of debt burdens on Cambodian borrowers, especially in light…
Islamic finance to lessen Covid-19 impact
DEVELOPMENTS of the Islamic financing instruments could help lessen the financial impact of the Covid-19 pandemic on the vulnerable populations. World Bank Group East Asia and Pacific VP Victoria Kwakwa (picture) said…
SPECIAL REPORT: Saving(s) Microfinance in a Pandemic – and Beyond
Bank in the distant pre-pandemic memory, e-MFP launched the European Microfinance Award (EMA) 2020 on Encouraging Effective & Inclusive Savings. While clearly an important topic, with innovations across the sector that are ripe…
Islamic Development Bank (IsDB), SCIEF Launch $30k Changemakers Competition for Shariah-compliant Fintech, Microfinance, “Creative Economy”
The Islamic Development Bank (IsDB), a multilateral development finance institution based in Saudi Arabia, recently partnered with the Saudi-Spanish Center for Islamic Economics and Finance (SCIEF), which is based in…
MVR 3.4 million from Zakat Fund spent on medical assistance
The MVR million was spent since January 30 individuals currently seeking medical care abroad through assistance from the Zakat Fund The government, back in 2018, decided to provide health care…
Online Islamic Microfinance two day’s Training
AlHuda CIBE is pleased to launch two days e-Training on “Practical Aspects of Islamic Microfinance” on August 26-27, 2020. For more information For Registration please contact at:
Muslims have been grossly marginalized in Nigeria’s financial sector, says NSCIA
The Nigerian Supreme Council for Islamic Affairs (NSCIA), on Thursday, alleged that, for decades, Nigerian Muslims have been grossly marginalized in the country’s financial sector and other growth triggering financial…
Parliament declares unjust distribution of Zakat fund
The Parliament on Monday declared that Ministry of Islamic Affair's distribution of the Zakat fund in 2020 was unjust. Initially found to be distributed unfairly by the Parliament's Committee on…
Islamic Development Bank Group to respond to COVID-19 with USD 2.3 Billion package and to launch three supportive and robust initiatives in partnership with UAE Ministry of Economy and Annual Investment Meeting (AIM)
A crowd of over 1000+ engaged participants comprising of exceptional entities, seasonal practitioners, Government officials, individual investors, business associations, entrepreneurs, Multilateral and financial institutions, Chairmen, Presidents & CEOs of local/international companies,…