An analysis of the impact of Islamic microfinance among asnaf

Redzuan, Nur Harena and Kassim, Salina and Rosman, Romzie and Muhammad Zuki, Mohd Faizuddin and Shaharuddin, Siti Saffa (2023) An analysis of the impact of Islamic microfinance among asnaf. In: Islamic Sustainable Finance, Law and Innovation: Opportunities and Challenges. Contributions to Management Science (1). Springer, Cham, pp. 177-183. ISBN 978-3-031-27859-4

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Abstract

Microfinance has proven that it is an effective tool for poverty reduction and socioeconomic development. Yet, the impact of microfinance on the recipients is still questioned and varies from one institution to others. This research analyzes the impact of Islamic microfinance on asnaf. The study employs a qualitative research method by using primary data collection. The input for the study is obtained from the semi-structured interview with the representatives of State Islamic Religious Councils (SIRCs) and Islamic financial institutions. The originality of this study may contribute to the formation of a new body of knowledge and enrich the literature sources in the field of Islamic microfinance that will benefit both academicians and practitioners. This impact study on performance and measurement may significantly contribute toward the sustainable and socially impactful growth of the Islamic finance industry, especially in achieving the maqasid Shariah and value-based intermediation (VBI) goals.

Item Type:	Book Chapter
Uncontrolled Keywords:	Islamic microfinance Impact study Poverty alleviation Financial inclusion Sustainability
Subjects:	H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Nur Harena Redzuan
Date Deposited:	21 Aug 2023 09:10
Last Modified:	06 Nov 2023 15:30
URI:	http://irep.iium.edu.my/id/eprint/106050

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