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Islamic Finance Briefing - Categorized | Banking, Finance more

Global development of Islamic microfinance initiated

Posted on 08 May 2012

Islamic banking is expanding by an increasing number of segments of traditional banking. Microfinancing has become the next area of expansion of Islamic finance.
IDB Vice-President (Operations) Boubacar Sidibe stated that IDB will actively follow up the mandate to expand the Islamic microfinance industry and offered to support innovation and research in the field as a means to fighting poverty in IDB member countries. He urged to create a knowledge platform accessible to everyone………………………………………..Full Article: Source

 
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