Archives for Islamic Rural Finance
Reviving Islamic social finance for a sharing economy
As we write this, the world community is witnessing one of the most devastating humanitarian crises in the history of mankind, together with deep worries and anxieties. We are not sure…
Rescuing Sri Lankan Rural Women From The Debt Trap – Analysis
Interest rate reduction has to be accompanied by measures to tone up the economy and enable income generation In the recent past, a number of media reports have shone a…
Zakat Fund issues rates of zakat on shares for 2020
The Department of Zakat Fund at the Ministry of Endowments (Awqaf) and Islamic Affairs issued a statement of the rates of zakat on shares for 39 companies listed on the…
How NASFAT Partnership With Halal Invest Will Grow Non-Interest Finance in Nigeria
It is now an emerging trend that investors are finding ethical businesses and activities as key areas for consideration in investments. Nigeria has been noted to be a prospective hub…
MICROCAPITAL BRIEF: Maha Agriculture Borrows $6m from FMO for Digital Microfinance in Myanmar
The Netherlands Development Finance Company, which also is known by its Dutch acronym FMO, recently disbursed a loan of USD 6 million to Myanmar-based microfinance institution (MFI) Maha Agriculture Public…
Small loans can help farmers … but can also increase wealth gap
PROVIDING small loans to farmers in developing countries who are already struggling with the impact of climate change can significantly improve their livelihoods. But it can also increase the wealth gap with…
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,…
Islamic banks and Islamic windows of commercial banks were asked to play a greater role in expanding outreach in potential areas, particularly to faith-sensitive Farming Community
In the mid-term review meeting of the Agricultural Credit Advisory Committee (ACAC) held in Hyderabad recently and presided over by Tariq Bajwa, Governor State Bank of Pakistan, it was revealed…
Government unveils Five-year Plan for Pakistan’s Economic Growth
Small farmers, low-cost housing, digital payments and a higher share for Islamic banks are the targets of the government’s new strategy for growth. Access to finance is super important for…
East Africa rides the Islamic Finance Train Focusing on the Rural Agricultural Sector; Uganda Next to Join
Countries in East Africa, those lining the Red Sea coast and those further south, are increasingly joining the Islamic finance industry as their Muslim population grows and demand for Shariah-compliant…