Tag archives for Islamic Microfinance
Azerbaijan Micro-Finance Association reveals credit portfolio restructuring volumes
By Rasana Gasimova One of the tasks of the Azerbaijan Micro-finance Association (AMFA) is to restructure the credit portfolios of its members, and corresponding work is being carried out to…
CIMB offers SMEs ‘complete suite of solutions beyond banking’
CIMB Bank and CIMB Islamic Bank are on track to disburse RM15 billion to SMEs in 2019 to 2020, having provided billion to Malaysian SMEs for the six-month period ending…
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…
The microfinance paradox: Costs do not go down as sector expands to include more Jordanians; taxation does not help
Microfinance in Jordan provides tens of thousands of jobs and can potentially benefit millions of Jordanians still, according to representatives of the sector in the previous article of this two-piece…
Govt Says Promoting Islamic Micro-financing
Lahore - Punjab Finance Minister Makhdoom Jawan Bakhat Hashim said that the Govt. was committed to bringing change to the lowest level of the society and this could be achieved…
Islamic Finance Practice Vital To Sustainable Development Goals – Dr Umar
An Islamic finance expert and member, Shari’iah Committee of the International Islamic Liquidity Management Corporation, Malaysia, Dr Bashir Aliyu Umar has said that Islamic finance can contribute to the achievement…
8th Global Islamic Microfinance Forum successfully concluded in Dubai under the theme of financial inclusion, FinTech, outreach strategies and innovation
(November 28, 2018 (Dubai)): 8th Global Islamic Microfinance Forum was successfully concluded at Dusit Thani Hotel, Dubai, UAE. The purpose of that forum was to promote, strengthen and unite the…
MICROCAPITAL BRIEF: Islamic Corporation for the Development of the Private Sector (ICD) Lending to Asaka, Asia Alliance Bank for Shariah Finance in Uzbekistan
Two Uzbekistani joint-stock commercial banks, Bank Asaka and Asia Alliance Bank, recently signed memoranda of understanding with the Islamic Corporation for the Development of the Private Sector (ICD), a member…
iSHRAQ*Microfinance named ‘Sharia-Compliant Microfinance Solution of the Year to the booming microfinance industry
Path Solutions is pleased to announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the…
Ovamba links African firms, investors
"Ovamba more closely resembles what is known as “Islamic finance,” in which the concept of paying interest on a loan is prohibited." The world’s prevailing financial institutions - banks, credit…