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Enhancing Financial Inclusion through Islamic Finance, Volume I (Hardcover, 1st ed. 2020)
Loot Price: R2,871
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Enhancing Financial Inclusion through Islamic Finance, Volume I (Hardcover, 1st ed. 2020)
Series: Palgrave Studies in Islamic Banking, Finance, and Economics
Expected to ship within 10 - 15 working days
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This book, the first of two volumes, highlights the concept of
financial inclusion from the Islamic perspective. An important
element of the Sustainable Development Goals (SDGs), financial
inclusion has been given significant prominence in reform and
development agendas proposed by the United Nations and G-20. The
significance of Islamic financial inclusion goes beyond improved
access to finance to encompass enhanced access to savings and risk
mitigation products, as well as social inclusion that allows
individuals and companies to engage more actively in the real
economy. It represents one of the important drivers of economic
growth. Gender disparity exists within financial access and its
extent varies widely across world economies. South Asia, the Middle
East and North Africa have the largest gender gaps, with women in
these regions being forty per cent less likely than men to have a
formal account at a financial institution. Analysing how Islamic
financial inclusion can empower individuals, this volume explores
the contribution of Islamic microfinance in achieving SDGs and
solving income and wealth inequality. Comprising a combination of
empirical evidence, theory and modelling, this edited collection
illustrates how to improve access to finance, making it essential
reading for those researching both Islamic finance and development
finance.
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