Islamic Microfinance

Sherin Kunhibava (), Aishath Muneeza (), Maryam Binti Khalid (), Zakariya Mustapha and Thong Ming Sen
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Sherin Kunhibava: University of Malaya
Aishath Muneeza: INCEIF
Maryam Binti Khalid: University of Malaya
Zakariya Mustapha: University of Malaya
Thong Ming Sen: University of Malaya

Chapter Chapter 5 in Islamic Social Finance, 2024, pp 89-104 from Springer

Abstract: Abstract This chapter provides a comprehensive exploration of Islamic Microfinance, offering readers a nuanced understanding of its key aspects. The chapter begins with an insightful overview of Islamic Microfinance, emphasizing its distinctive features compared to conventional microfinance models. A detailed examination of the legal framework for Islamic Microfinance in Malaysia enhances the reader’s comprehension of the regulatory landscape. Real-world case studies enrich the discussion, showcasing practical applications and outcomes. The chapter concludes by addressing the pertinent issues and challenges faced by Islamic Microfinance, providing a well-rounded perspective on this vital component of Islamic Social Finance.

Keywords: Islamic microfinance; Conventional microfinance; Regulatory landscape; Malaysia; Financial inclusion; Microenterprise (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-1410-0_5

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DOI: 10.1007/978-981-97-1410-0_5

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