Archives for Islamic Microfinance - Page 13
Philanthropist Donates SAR One billion for 75 Mobile Health Clinics to be Launched under IDB Supervision
Chairman of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, has praised a generous donation of SR one billion (US$ 267 million) by a philanthropist for 75 mobile…
Pakistan’s Wasil Foundation Wins Islamic Microfinance Challenge
The Wasil Foundation, a Pakistan-based microfinance institution, won the Islamic Microfinance Challenge, a global contest to identify innovative Sharia-compliant financial products. Wasil won the $100,000 grant award for its package…
Poverty can easily be driven away through Islamic Microfinance : Zubair Mughal
Half of global poverty reside in Muslim world while the Muslim population is 24% of the total global population, if the dangerously increasing poverty in the Muslim community is not…