Books

The Role of Micro-credit in Poverty Alleviation: Profile of the Micro-credit Sector in Lebanon

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:15

The study includes an analysis of micro-lending in Lebanon, beginning with an introduction of the major global micro-lending schemes and a detailed explanation of Islamic banking. The criteria used to determine the extent of a program’s success is laid out, followed by a list of the different micro-lending programs in Lebanon with some recommendations for enhancing the effectiveness of each program.

Islamic Banking Principles Applied to Microfinance Case Study (Hodeidah Microfinance Program)

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:15

Using the Hodeidah Microfinance Program (HMFP) in the Yemen as a case study, this paper looks at the ways in which Islamic Banking principles can be applied to microfinance. The paper argues that countries in which conservative Islamic practices hold sway often discourage the practice of charging interest, however, respective to how strongly these beliefs are held, microfinance institutions (MFIs) have adapted in a variety of ways.