Prospects of a partnership-based Islamic microfinance model in Bangladesh: clients perspectives

Muhammad, Niaz Makhdum and Kassim, Salina and Mahadi, Nur Farhah and Engku Ali, Engku Rabiah Adawiah (2024) Prospects of a partnership-based Islamic microfinance model in Bangladesh: clients perspectives. In: Islamic Finance, Contributions to Management Science. Springer Nature, Switzerland AG 2025, pp. 159-169. ISBN 978-3-031-48769-9

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Abstract

Islamic microfinance is a powerful Shariah-compliant tool for helping the impoverished escape the cycle of poverty in Bangladesh. Despite a few applications of Islamic microfinance instruments, most of the instruments have been based on Murabahah contracts, while the use of equity or partnership-based contracts has been very minimal. This study aims to analyse the opinions and perspectives of microfinance recipients of Bangladesh regarding the prospects of implementing a partnership-based Islamic microfinance model in Bangladesh where the concepts of Mudarabah and Musharakah will be applied. A mixed-method research method has been adopted in this study. A total of 400 recipients of Islamic microfinance products were surveyed using a close-ended questionnaire to determine their viewpoints about Mudarabah and Musharakah-based Islamic microfinance model.

Item Type:	Book Chapter
Uncontrolled Keywords:	Partnership based, Islamic microfinance, Bangladesh, Islamic finance
Subjects:	H Social Sciences > HG Finance 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:	Prof. Dr. Salina Kassim
Date Deposited:	23 Dec 2024 16:25
Last Modified:	23 Dec 2024 17:09
URI:	http://irep.iium.edu.my/id/eprint/116884

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