Tag archives for Islamic Microfinance
ISLAMIC MICRO FINANCE: AN EMERGING MARKET IN THE GAMBIA
Poverty alleviation is not only the goal of 21st-century world, but it has been a continuing challenge throughout history. Islam recognizes that everybody should have secured basic needs and enjoins…
5th AICIF: SEC Renews Commitment to the Growth of Nigeria’s Non-Interest Financial Market
The Securities and Exchange Commission, SEC renewed its commitment to the growth of the non-interest capital market segment in the Nigerian capital market. Mr. Ibrahim Boyi, Executive Commissioner, Securities and…
Iraq requests $10 billion from global climate fund: official
Iraq is hoping to get $10 billion from a global fund to combat climate change, the acting environment minister told Rudaw on Friday, adding that Baghdad is working to diversify…
Jaiz Bank Assists Residents of Lagos, Others With N55.3m
Top Islamic bank, Jaiz Bank Plc, through its Charity and Development Foundation, says it has disbursed about million to assist the poor and the needy living in six of the…
Govt ready to provide all-out support to microfinance banking sector: Tarin
Advisor to the Prime Minister on Finance and Revenue Shaukat Tarin on Thursday said that the government is ready to provide all-out support and cooperation to the microfinance banking sector…
PMIC wins Pakistan Banking Award
Pakistan Microfinance Investment Company Limited (PMIC) has been honored with the "Best contribution by a Non-bank entity 2021" at the Pakistan Banking Awards. The award was presented to Yasir Ashfaq,…
Four banks submit bids for Kamyab Pakistan
Four commercial banks – two of them owned by the government – have submitted bids to give a maximum of Rs30 billion in loans under the Kamyab Pakistan Programme over…
COVID-19 recovery funds benefit 3,000 businesses in Rwanda
The Economic Recovery Fund (ERF) that was established by the Government of Rwanda to support the recovery of businesses hardest hit by COVID-19 has benefited over 3,000 small businesses that…
Egypt’s microfinance market amounts to EGP 22.53bn in Q2 of 2021: Financial Regulator
he Financial Regulatory Authority (FRA) has revealed that the volume of microfinance in the Egyptian market reached about EGP in the second quarter (Q2) of 2021, compared to EGP in…
Empowering the poor
In an attempt to provide financing opportunities through banks to the low-income segments of society, the government has launched an ambitious trillion Kamyab Pakistan Program. Its parameters say it will…