Awais, Muhammad and Mohd Thas Thaker, Mohamed Asmy and Raza, Asif and Usman, Usama and Mohsin, Muhammad and Khalid Bhatti, Omar
(2021)
The process of risk management: sketching the providers of Islamic micro- finance.
International Journal of Sciences and Research, 77 (11).
pp. 60-76.
ISSN 0032-423X
E-ISSN 2694-4839
Abstract
With the assistance of using comparative analysis and interviews, we have formulated study on two discreet types of Islamic microfinance institutions: Non-government organizations & Commercial financial institutions. This has relatively been done with the help of taking into consideration the systematic disbursement and repayment methods. Conclusively, both of the companies were susceptible to Shariah risk, operational risk and credit risk. Furthermore, company B has a well renowned goodwill in the market therefore, it is prone to reputational risk as well.
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