KARACHI, Sept 10: The State Bank on Monday issued guidelines for the development of Islamic microfinance business amid growing popularity of Islamic banking in the country. There is a separate ...

Microfinance is a well-developed strategy to alleviate poverty around the world, Islamic Development Bank (IDB) President Ahmad Mohamed Ali said Monday. Speaking at the forum of "Exploring ...

Islamic microfinance can be used to bring marginal people under the banking umbrella as its interest-free concept would appeal to the segment, a banker said yesterday. “It would play into their ...

Nobel Prize laureate Muhammad Yunus, who was the first to introduce Islamic tools and instruments of finance to the banking sector globally, was also amongst the first to utilise the concepts and ...

An Islamic microfinance start-up has launched what is believed to be the worlds first smart sukuk issued on a blockchain platform, which it hopes can channel greater liquidity to small- and ...

Microfinance is a well-developed strategy to alleviate poverty around the world, Islamic Development Bank (IDB) President Ahmad Mohamed Ali said Monday. Speaking at the forum of "Exploring ...

The central bank has formulated guidelines for provision of Islamic microfinance products and services by financial institutions. The central bank, in a circular issued on Monday, said that ...