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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Sharia-compliant microfinance: An opportunity to reach more financially excluded

Posted on 14 July 2010

From Newamerica.net: As the microfinance market develops, so does the diversity and range of products and practices. I’ve been struck by one intriguing trend: the rapid expansion of Sharia-compliant banking (aka Islamic banking), particularly in non-Islamic markets.
For instance, despite its relatively small Muslim population (around 16%), Ghana Islamic Microfinance is now offering Sharia-compliant financial products, especially microfinance, aimed at the BOP market……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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