Rural development through Islamic banks

This study proposes a selection of different ways to allow for interest free financing for rural development. It explains how Islamic banks can play a positive part in improving the state of the rural underprivileged. Chapter one discusses rural development, reasons for the existing poverty, and obstacles standing in the way of change. The second chapter addresses rural development and rural finance. The following chapter expands the discussion by looking at the role of Islamic banks in rural development. The final chapter then concerns itself with legal and institutional support. This book also has concluding remarks, a bibliography and an index.