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Two-staged Capital Structure: An Operational Guideline for Islamic Microfinance System

Shahriar Kabir and Ruhul Salim

No 05-16, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Islamic Microfinance (IMF) is a recently developed area of poverty alleviation practice; however, the system suffers from identifying usable operational structure and building up sustainable capital for the programs. This article proposes for a two-staged capital structure for IMF system, which would simultaneously overcome both limitations.

Keywords: Islamic Microfinance; Poverty Alleviation; Asset-Backed Lending System; Sustainable Social Capital; Zakah and Tabarru’ Fund (search for similar items in EconPapers)
JEL-codes: G21 P36 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2016-01
New Economics Papers: this item is included in nep-mfd
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