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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