Tag archives for Islamic Microfinance
Housing finance for NRPs to boost Islamic banking footprint
Islamic housing finance is expanding at a fast pace and the new scheme that facilitates overseas Pakistanis to buy a house for themselves or their families in Pakistan provides Islamic…
Newark-based SPBD tops $200 million in loans to low-income women entrepreneurs
The Newark-headquartered SPBD Microfinance Network this month surpassed $200 million in “micro loans” disbursed to tens of thousands of women entrepreneurs in the South Pacific. New Jersey native and SPBD…
How Nigeria Can Deepen the Capital Market Through Non-Interest Finance
Non-Interest finance products have played a critical role in the growth and development of the Nigerian capital market ecosystem. Mr. Akeem Oyewale, the CEO of Marble Capital, made this point…
Interview with Jahanzeb Khan, CEO, FINCA Microfinance Bank Limited
“Digitization can go a long way in helping enhance microfinance outreach” Jahanzeb Khan possesses 23 years of global and local experience in fintech, financial services and banking. He is a…
Microfinance borrowers cross the 8m mark
With the number of active borrowers crossing the eight-million mark for the first time, microcredit outreach in the country grew percent on a quarterly basis in April-June. According to the…
Egypt channels $2.4bn finance into 36 projects for education, research development
Egypt's Ministry of International Cooperation has secured development finance worth $, through multilateral and bilateral cooperation, to launch 36 education and scientific research development projects across 74 locations nationwide. The…
MSMEs and finance as a binding constraintMSMEs and finance as a binding constraint
Small, medium and microenterprise sector (MSMEs) is of immense importance especially for emerging markets like Pakistan, contributing more than 50% to the GDP of the country and employing around 72%…
Gambia: MoA, MFIs Endorse U.S.$3 Million Islamic Microfinance Credit Facility Contract
In its quest to contribute to the improvement of the livelihood of rural and peri-urban communities in The Gambia, the Ministry of Agriculture Friday signed a $3 million (three million…
SAMA launches Islamic finance research support program
The Saudi Central Bank (SAMA) announces the launching of the Islamic finance research support program to support researchers in the Kingdom of Saudi Arabia and abroad, and to advance and…
Agriculture credit target missed by banks in FY21
KARACHI: Although the banking industry missed the agriculture credit target for FY21, it disbursed 12 per cent more loans year-on-year despite challenges posed by the Covid-19 pandemic and climate change.…