Tag archives for Islamic Microfinance
Govt gives out RM1 billion in loans to SMEs
The government approved 4,937 loan applications from small and medium enterprises (SMEs) worth billion until Nov 13, to support businesses under the Penjana SME Financing Scheme. Finance Minister Tengku Zafrul…
What next for two remaining Islamic banks?
The future seems uncertain for two remaining standalone foreign Islamic banks in the country — Kuwait Finance House (Malaysia) Bhd (KFHM) and Al Rajhi Banking & Investment Corp (Malaysia) Bhd…
Over 70% of Microfinance Ireland customers get pandemic supports
State-backed lender Microfinance Ireland (MFI) has granted repayment moratoriums and/or restructured loans for over 70 per cent of business customers since the coronavirus pandemic hit. The not-for-profit lender, which established a Covid…
‘The Future of Microfinance’ review: A challenge and an opportunity
The fact that the microfinance sector has not lived up to its original intent of alleviating poverty makes it clear that it has a lot of work to do to…
Bank of Tanzania: Time extension for registration and licensing of Microfinance Service Providers
The Bank of Tanzania recently issued a public notice extending the statutory time limit for Microfinance Service Providers to register and submit licence applications. In this article, we provide an…
Finance ministry: Islamic banking, capital market expected to be stronger
The Islamic Capital Market (ICM) and the demand for Shariah-compliant products is expected to strengthen in the future, supported by its appeal to a broader group of investors, despite the…
The Role of Good Governance in the Microfinance Industry with Gregory Casagrande
A carefully selected and well-managed board can help your enterprise reach its full potential. However, many social entrepreneurs are hesitant to elect a governing board, fearing it will limit the…
Islamic microfinance institutions at a crossroads
By Vehbi Zeqiri The decisions taken by central banks to grant loan moratorium for clients affected by the recent lockdown have posed a huge liquidity gap for Islamic microfinance institutions.…
TPL Life And Mobilink Microfinance Bank Ltd. Partner To Provide Protection Against COVID-19
TPL Life, a leading insurtech in Pakistan, has partnered with Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank to launch “Corona Tahaffuz,” an insurance product designed for MMBL’s customers…
51% of microfinance loans provided to Egyptian women entrepreneurs amid COVID-19
"Over the past few years, Egyptian women’s economic participation has increased, as the percentage of women holding bank accounts has increased from 9 percent in 2015 to 27 percent in…