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Assessment of Islamic microfinance on poverty reduction in Bangladesh

Uddin, Md Nazim and Pramanik, Ataul Huq and Haque, A. K. M. Ahasanul and Hamdan, Hamdino (2020) Assessment of Islamic microfinance on poverty reduction in Bangladesh. International Journal Islamic Marketing and Branding, 5 (4). pp. 326-346. ISSN 2055-0944 E-ISSN 2055-0952

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The main objective of Islamic microfinance institutions (IsMFIs) is to uplift the socio-economic status of the poor. This is essential to evaluate the effects on the Islamic microfinance (IsMFs) program and its participants. This research attempts to analyse the multilevel effect of IsMFIs at the enterprise level and social level in Bangladesh. Rural development schemes (RDS) are considered as baseline tools for measuring the effects on the social and enterprise levels. Primary data have been collected from the program’s participants, which are the two leading IsMFIs in Bangladesh, by employing cross-sectional design with the stratified random sampling method. IsMFIs appear to spur the social and enterprise of the program’s participants. The analysis indicated a powerful and positive effect of system participation on financial efficiency and enterprise resource foundation. This study proposed a model that has the potential of being applied for poverty alleviation programmes in Bangladesh.

Item Type: Article (Journal)
Uncontrolled Keywords: Islamic microfinance (IsMFs); rural development scheme (RDS); poverty reduction; Bangladesh.
Subjects: H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences
Depositing User: dr hamdino hamdan
Date Deposited: 02 Jul 2021 11:11
Last Modified: 02 Jul 2021 11:11
URI: http://irep.iium.edu.my/id/eprint/90503

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