^

Banking

Islamic microfinance confab in June

-

MANILA, Philippines - The International Conference on Islamic Microfinance will be held on June 13 in Islamabad to look into ways into making Islamic microfinance another tool for poverty alleviation. Varied models of Islamic microfinance, shariah issues, zuqat, dard-e-husna and waqf model to decrease poverty, usage of technology and the implementation of Islamic microfinance will be the hot topics to discuss in the first-time event. One billion seventy people are hand to mouth and living lives below the poverty line. Among them 44 percent are residing in Muslim countries and this factor highlights the need of Islamic microfinance in an effective way. Currently more than 300 Islamic microfinance organizations in Indonesia, Kenya, Afghanistan, Bangladesh, Sri Lanka, Yemen, Egypt, Sudan, Tanzania, Mauritius, South Africa, Malaysia and Pakistan are working to alleviate the poverty.

AFGHANISTAN

INTERNATIONAL CONFERENCE

ISLAMABAD

ISLAMIC

ISLAMIC MICROFINANCE

MALAYSIA AND PAKISTAN

MAURITIUS

MICROFINANCE

POVERTY

SOUTH AFRICA

SRI LANKA

  • Latest
Latest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with