rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Microfinancing
    sub title: an Islamic law perspective
  name:
    name part: Fofana, Ibrahim Vamba
    role:
      role term: creator
    role:
      role term: author
  name:
    name part: International Islamic University Malaysia
    name part: Ahmad Ibrahim Kulliyyah of Laws
  genre: Theses, IIUM local
  origin info:
    place:
      place term: my
    date issued: 2009
  language:
    language term: eng
  physical description:
    extent: xii, 100 leaves ; 30 cm.
  abstract: The widespread of Conventional and Islamic based microfinancing and their vital roles in poverty alleviation is undeniable. However, the heart of the matter is that, the Conventional microfinancing has some characteristics that are not in line with the Sharriah principles as it charges interest and focuses mainly on women. Generally, the study starts with a brief introduction of Conventional and Islamic microfinancing together with their concepts, developments, objectives and characteristics. It also discusses the differences between microcredit and microfinancing. Moreover, the study examines the differences between the Islamic microfinancing and Conventional one. For the practices, the study focuses on Grameen Bank of Bangladesh and Amanah Ikhtiar Malaysia (AIM) of Conventional microfinancing. Whereas, for Islamic microfinancing the focus is on Islami Bank Bangladesh Limited (IBBL), SME Bank of Malaysia and EONCAP Islamic Bank Berhad of Malaysia. Furthermore, the study shows that, the applicable contracts of Islamic microfinancing may be divided into two systems. The first one is charitable based-microfinancing system that includes qard hasan contract. The second is profitable based-microfinancing system that includes salam, mudarabah, musharakah, and bay mu'ajjal contracts. At the same time, the study indicates that there are various existing Sharriah compliant contracts that can be useful for Islamic microfinancing institutions (IsMFIs) such as, ijarah, musaqat and muzaraah contracts. Hence, the study also shows that Islamic microfinancing does not charge interest and or focus on mainly the family head as recipient of the loan. It shows that, the zakah and waqf funds can be used for income generation for IsMFIs and for mitigation of the risk. It shows that the kafalah group-based concept can be used as an alternative to collateral, while the service charge can be used as a substitute to interest provided that charge should be of the exact amount of administrativ…
  note: by Ibrahim Vamba Fofana
  note: Abstracts in English and Arabic.
  note: 'A dissertation submitted in partial fulfillment of the requirements for the degree of Master of Comparative Laws'--On title page.
  note: Thesis (MCL) -- International Islamic University Malaysia, 2009.
  note: Includes bibliographical references (leaves 91 - 97).
  subject:
    geographic code: a-my--
  subject:
    topic: Microfinance
    topic: Islamic perspectives
  subject:
    topic: Microfinance
    topic: Social aspects
  classification: BPH266
  identifier: http://studentrepo.iium.edu.my/handle/123456789/1700
  record info:
    record content source: UIAM
    record creation date: 181024
    record change date: 20230419121726.0
    record identifier: 470297
    language of cataloging:
      language term: eng