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 ...

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 ...

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 ...

Indonesian women are leading change in the halal economy through entrepreneurship, finance, and education. Their role is key ...

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 ...

MANILA, Philippines—A subset of Islamic banking in the Philippines that specializes in microfinance lending has widened its footprint in Muslim majority provinces of the country, but can benefit ...

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 ...