14.07.2010 - Sharia-compliant microfinance: An opportunity to reach more financially excluded
From Newamerica.net: As the microfinance market develops, so does the diversity and range of products and practices. Iíve 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
Print