Islamic Microfinance Theory, Policy and Practice Ajaz Ahmed
From HodHood
Contents
Top 20 FREQUENT WORDS
islamic 55 microfinance 45 riba 25 training 25 workshop 24 prohibition 17 finance 12 financial 12 services 11 banks 10 poverty 9 profit 8 shariah 8 credit 7 mfis 7 principles 7 conventional 6 exchange 6 mfbs 6 allah 5 economic 5 goods 5 incidence 5 opportunity 5 sale 5 surah 5
DOCUMENT KEY POINTS
- training workshop a islamic microfinance incidence of poverty and low economic opportunity the poverty reduction strategy paper prsp a a c
- of poor have access to affordable financial services credit savings and insurance bangladesh a c in pakistan some institutions mfbs mfis mfds mfus of commercial banks and leasing corporations rsps ngos and ppaf could provide only around rs
- training workshop a islamic microfinance incidence of poverty and low economic opportunity a c low economic and financial opportunity limits capacity of the poor to utilize their skills for income generation
- a c the micro credit summit held in washington dc february defined micro credit as programs which extend small loans to poor people for self employment projects that generate income allowing them to care for themselves and their families
- training workshop a islamic microfinance microfinance a considered a tool for poverty alleviation a c microfinance a a programme offering non collateralized small loans finance to poor households to foster selfemployment and income generation
- training workshop a islamic microfinance microfinance a characteristics a size of loan finance a short term working capital a repayment schedules a social collateral joint liability peer pressure peer support a grameen innovation a recovery of full cost bank moving to the doorstep a gender focus women better managers for financial and non financial matters bring better impact a savings compulsory vs
- voluntary a insurance risk mitigation
- training workshop a islamic microfinance outreach and sustainability problem a c sustainability is derived from a operating and financial viability a extended outreach growth of clients range of financial services retention rate a repayment performance and a permanence of services
- a c most programmes are not sustainable due to a under capitalization of mfis donor a driven practices a exorbitant rates of interest a ignorance of religious cultural values and a failure of social capital multiple borrowing hidden transcripts commission agencies marginal impact etc
- training workshop a islamic microfinance most microfinance programmes are not financially sustainable in pakistan mfb oss fss deposit av
- assets balance mfbs
- training workshop a islamic microfinance conclusion and way ahead a c islamic and conventional banks to consider downscaling a c mfbs and mfis need to diversify and practice islamic products and services a c product range to be expanded to develop equity base of the micro enterprises a c sbp guidelines on islamic microfinance to be implemented
- islamic microfinance services by full fledged islamic banks a mode islamic microfinance counters at existing branches a mode iistandalone islamic microfinance branches mobile banking
- islamic microfinance services by conventional banks a microfinance counters at existing branches a standalone islamic microfinance branches mobile banking a establishing independent islamic mfbs as subsidiaries of conventional banks a developing linkages with islamic mfbs mfis
- training workshop a islamic microfinance conclusion and way ahead a mode iiiestablishing independent imfbs as subsidiaries of banks a mode ivdeveloping linkages with islamic mfbs mfis
- prohibition of riba riba means excess discrepancy in barter a predetermined fixed time related excess exploitation injustice a c an increment on loan received by the lender benefit of delay riba al nasi ah riba al jahiliyyah quranic riba a c discrepancy appropriated through exchange of goods excess arising from weight counting or measure riba al fadl caution there is no difference between bank interest and riba
- resolutions of the azhar islamic research academy egypt the council of islamic ideology pakistan and the islamic fiqh academy of oic have concluded that the bank interest in all its forms is riba
- surah al nissa a in response to provocations of jews and recounting their sins including charging of riba allah swt tells them about the punishment and rewards for the clear minded
- surah al room a undesirability of riba was revealed where allah swt conveyed his displeasure on such transactions
- surah al baqarah declaration of war from allah swt and his prophet pbuh against those who disobey the prohibition and all previous ribavi transactions were entitled to receive principal only and that to give the debtor grace period until he can manage to clear the dues against him
- surah al bqarah a in response to adversaries of islam s question of paralleling profit and riba allah swt permitted sale and prohibited riba and that the matter of already charged riba was with allah
- forms of riba in loans and other transactions a varily indeed riba was in lending a exchange of radi with burney datesa trade of gold with silvera riba al fadl
- consequences of indulging in riba a night of ascendance to heavensa violators subject to the curse
- outstanding debt the necessity of repaying the debt a all sins would be forgiven except o s debta a dishonour and punishment for willful defaultera a allowance of repayment time for genuine defaultera
- creditor and debtir relationship a not to accept any gift or ride from borrowera a even minute benefit transferring from debtor to creditora
- profit belongs to one who beard responsibility these two interrelated characteristics are expressed in the prophet pbuh s saying al kharaj bi al daman a entitlement of gain is linked to the responsibility for loss
- prohibition of speculative transaction gharar maysir gharar is the sale of probable items whose existence or characteristics are uncertain
- selling fruit before they ripen i bay al samak fi l ma a eg
- prohibition of executing two mutually inconsistent contracts or contingent contracts
- prohibition of outbidding interfering in a sale transaction already agreed between two persons
- training workshop a islamic microfinance conventional vs
- exchange among listed goods with or without equality but with delay riba al nasia wheat and rice so that wheat now and rice later or gold now or silver late
- training workshop a islamic microfinance principles of islamic finance hhadith a sahih muslim a dates for dates a a a
Please note, This is an auto generated summary based on sentances position in the document and other factors
DOCUMENT WORD ANALYSIS
Main Category
- AlHuda Material\islamic micro
KeyWords
loan microfin islam borrow programmatic repay busi financial incom officeas finance activa insurable applic service relief policies local amount econometric
RELATED DOCUMENTS
- An Application of Islamic Banking for Micro Finance by Rahul
- Grameen La Riba Model - A strategy for Global Poverty Allevi
- Islamic Banking Principles Applied to Microfinance
- Islamic Micro Finance Experience in Sri Lanka by Mr. Muhamma
- Islamic Microfinance - Theory, Policy, & Practice by ajaz
- Islamic Microfinance Alternative Development in Northern Leb
- Islamic Microfinance in Sri Lanka by Faraaz Shaul Hameed
- Islamic Microfinance Theory, Policy and Practice Ajaz Ahmed
- Small Scale Enterprise Development from Microfinance to Macr
- The Causes Of The High Rate Of Drop-Out Amongst Micro-Financ
- The Demand for Microinsurance in Pakistan by Elizabeth Mcgui
DOCUMENT REFERENCES
Number of Pages
25
Published Date
2016-09-17 00:48:08
