Mudarabah as an effective tool to alleviate poverty through microfinance

Microfinance has been identified and proven to be an important financial instrument that facilitates the poor group to access to the financial service to move from the poor socio economic group. As the microfinance program highly concentrate to the poor group people it helps to alleviate the poverty...

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Main Author:	Janice Soundari, Savari Dass
Format:	Thesis
Language:	eng eng
Published:	2017
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/7554/1/s813829_01.pdf https://etd.uum.edu.my/7554/2/s813829_02.pdf
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id	my-uum-etd.7554
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Isa, Mohamad Yazid
topic	HG Finance
spellingShingle	HG Finance Janice Soundari, Savari Dass Mudarabah as an effective tool to alleviate poverty through microfinance
description	Microfinance has been identified and proven to be an important financial instrument that facilitates the poor group to access to the financial service to move from the poor socio economic group. As the microfinance program highly concentrate to the poor group people it helps to alleviate the poverty and thus achieve Malaysia 11th Plan Goal. Microfinance with Mudarabah contractual becomes a good combination to combat the poverty. Mudarabah is an Islamic financial tool that aims to aid the poor people and at the same time it is good for the economic and social development. This paper provides the Islamic thoughts and a motive behind these initiatives also discusses the compatible financial mechanisms proposed by Islam to encourage them to move from poor group for a better living. The qualitative method is used to carry out the objective of this research.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Janice Soundari, Savari Dass
author_facet	Janice Soundari, Savari Dass
author_sort	Janice Soundari, Savari Dass
title	Mudarabah as an effective tool to alleviate poverty through microfinance
title_short	Mudarabah as an effective tool to alleviate poverty through microfinance
title_full	Mudarabah as an effective tool to alleviate poverty through microfinance
title_fullStr	Mudarabah as an effective tool to alleviate poverty through microfinance
title_full_unstemmed	Mudarabah as an effective tool to alleviate poverty through microfinance
title_sort	mudarabah as an effective tool to alleviate poverty through microfinance
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2017
url	https://etd.uum.edu.my/7554/1/s813829_01.pdf https://etd.uum.edu.my/7554/2/s813829_02.pdf
_version_	1747828233252896768
spelling	my-uum-etd.75542021-05-09T06:44:33Z Mudarabah as an effective tool to alleviate poverty through microfinance 2017 Janice Soundari, Savari Dass Isa, Mohamad Yazid School of Economics, Finance & Banking School of Economics, Finance & Banking HG Finance Microfinance has been identified and proven to be an important financial instrument that facilitates the poor group to access to the financial service to move from the poor socio economic group. As the microfinance program highly concentrate to the poor group people it helps to alleviate the poverty and thus achieve Malaysia 11th Plan Goal. Microfinance with Mudarabah contractual becomes a good combination to combat the poverty. Mudarabah is an Islamic financial tool that aims to aid the poor people and at the same time it is good for the economic and social development. This paper provides the Islamic thoughts and a motive behind these initiatives also discusses the compatible financial mechanisms proposed by Islam to encourage them to move from poor group for a better living. The qualitative method is used to carry out the objective of this research. 2017 Thesis https://etd.uum.edu.my/7554/ https://etd.uum.edu.my/7554/1/s813829_01.pdf text eng public https://etd.uum.edu.my/7554/2/s813829_02.pdf text eng public other masters Universiti Utara Malaysia Abdul Rahman & Dean. (2013) "Challenges and solutions in Islamic microfinance", Humanomics, Vol. 29 Issue: 4, pp.293-306 Abdul Rahman, A. (2007). "Islamic Microfinance: A Missing Component in Islamic Banking." Abdul Rahman. (2012).Contract and The Product of Islamic Banking (2nd Edition), Kuala Lumpur, Malaysia: CERT Publication Sdn. Bhd. AIM (2016). Amanah Ikhtiar Malaysia Operational reports. Kuala Lumpur Akhtar, (1996). "Practice and Banking. Small. Enterprises in Pakistan." 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Mudarabah as an effective tool to alleviate poverty through microfinance

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