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Empowering the Poor through Financial and Social Inclusion in Africa - An Islamic Perspective (Hardcover, 1st ed. 2022)
Loot Price: R1,559
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Empowering the Poor through Financial and Social Inclusion in Africa - An Islamic Perspective (Hardcover, 1st ed. 2022)
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This book discusses financial inclusion, gender equality,
regulatory regimes for microfinance, women empowerment, and digital
finance from an Islamic perspective. It encourages the reader to
reflect on whether the delivery of financial services from an
Islamic perspective might be attainable and lead to achieving
global financial inclusion. Accessing financing is one of the most
formidable challenges facing disadvantaged in IsDB member
countries. The race to serve these niche markets has led to the
emergence of conventional microfinance. There remains the lingering
question of whether conventional microfinance in its current form
has conclusively led to poverty alleviation among Muslim
communities. Hence, there is a need of having Shari'ah-compliant
business model that depends on Islamic socio-economic tools such as
Zakah, Sadaqah, and Waqf might best address the needs
self-financial exclusion or the exclusion of the extremely poor in
Muslim.
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