Introduction

Abdelrahman Elzahi Saaid Ali (), Khalifa Mohamed Ali () and Muhammad Khaleequzzaman ()
Additional contact information
Abdelrahman Elzahi Saaid Ali: Islamic Research and Training Institute, Islamic Development Bank
Khalifa Mohamed Ali: Islamic Research and Training Institute, Islamic Development Bank
Muhammad Khaleequzzaman: International Islamic University, Islamabad
Authors registered in the RePEc Author Service: Khalifa Hassanain ()

Chapter Chapter 1 in Enhancing Financial Inclusion through Islamic Finance, Volume I, 2020, pp 3-12 from Palgrave Macmillan

Abstract: Abstract Financial inclusion, as considered by the World Bank, targets the individuals and businesses having “access to useful and affordable financial products and services that meet their needs—transactions, payments, savings, credit and insurance—delivered in a responsible and sustainable way”. However, the World Bank cites several challenges when about 200 million formal and informal micro, small and medium-sized enterprises in emerging economies lack adequate financing to thrive and grow (World Bank 2017). These enterprises are constrained by the absence of collateral, informality of the businesses and credit history. Women and rural and remotely located inhabitants are affected more than the others.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-3-030-39935-1_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030399351

DOI: 10.1007/978-3-030-39935-1_1

Access Statistics for this chapter

More chapters in Palgrave Studies in Islamic Banking, Finance and Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().