Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria

There is a growing concern over the alarming prevalence of poverty in Nigeria generally, and in Sokoto State particularly. Ironically, the long existence the Waqf and microfinance institutions which are considered among the most effective poverty-alleviation institutions, of these institutions in S...

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Main Author:	Sanyinna, Abubakar Yusuf
Format:	Thesis
Language:	eng eng eng
Published:	2018
Subjects:	HC Economic History and Conditions HD60 Small Business.
Online Access:	https://etd.uum.edu.my/8344/1/s900645_01.pdf https://etd.uum.edu.my/8344/2/s900645_02.pdf https://etd.uum.edu.my/8344/3/s900645_references.docx
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id	my-uum-etd.8344
record_format	uketd_dc
spelling	my-uum-etd.83442021-10-31T00:59:28Z Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria 2018 Sanyinna, Abubakar Yusuf Hashim, Hydzulkifli Osman, Muhammad Farihal Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HC Economic History and Conditions HD60 Small Business. There is a growing concern over the alarming prevalence of poverty in Nigeria generally, and in Sokoto State particularly. Ironically, the long existence the Waqf and microfinance institutions which are considered among the most effective poverty-alleviation institutions, of these institutions in Sokoto state are apparently not making any significant impact on poverty alleviation in the area. Similarly, micro, small and medium enterprises (MSMEs) are hampered by acute financial exclusion in Nigeria. Therefore, this study was primarily conducted in order to explore effective mechanisms of harnessing the potentials of waqf, microfinance and MSMEs for sustainable poverty alleviation in Sokoto state. The exploration of these mechanisms has required the adoption of qualitative research method involving series of interview and focus group discussions. Subsequently, the primary data collected was analysed thematically through NVivo 10 computer software. By adopting grounded theory approach in data collection and analysis, capacity-building theory of poverty alleviation was eventually generated for implementation in the state. Based on the findings of the study, a waqf-based Islamic microfinance integrated model (WIMIM) was proposed. This model which is a mix of commercial and investment institution which employs various Islamic financing techniques to develop local MSMEs in the research survey area was empirically justified and practically demonstrated in various entrepreneurial and capacity-building arrangements. The findings of this study covered the alarming prevalence of poverty in Sokoto State, capacity-building theory of poverty alleviation, ideal waqf administration, effective microfinance services, growth of MSMEs and integration of waqf and microfinance for sustainable poverty alleviation in the State. These findings are meant to guide the policy-makers and all stakeholders in rectifying anomalies in the current poverty alleviation schemes in the state. 2018 Thesis https://etd.uum.edu.my/8344/ https://etd.uum.edu.my/8344/1/s900645_01.pdf text eng public https://etd.uum.edu.my/8344/2/s900645_02.pdf text eng public https://etd.uum.edu.my/8344/3/s900645_references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Hashim, Hydzulkifli Osman, Muhammad Farihal
topic	HC Economic History and Conditions HD60 Small Business.
spellingShingle	HC Economic History and Conditions HD60 Small Business. Sanyinna, Abubakar Yusuf Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
description	There is a growing concern over the alarming prevalence of poverty in Nigeria generally, and in Sokoto State particularly. Ironically, the long existence the Waqf and microfinance institutions which are considered among the most effective poverty-alleviation institutions, of these institutions in Sokoto state are apparently not making any significant impact on poverty alleviation in the area. Similarly, micro, small and medium enterprises (MSMEs) are hampered by acute financial exclusion in Nigeria. Therefore, this study was primarily conducted in order to explore effective mechanisms of harnessing the potentials of waqf, microfinance and MSMEs for sustainable poverty alleviation in Sokoto state. The exploration of these mechanisms has required the adoption of qualitative research method involving series of interview and focus group discussions. Subsequently, the primary data collected was analysed thematically through NVivo 10 computer software. By adopting grounded theory approach in data collection and analysis, capacity-building theory of poverty alleviation was eventually generated for implementation in the state. Based on the findings of the study, a waqf-based Islamic microfinance integrated model (WIMIM) was proposed. This model which is a mix of commercial and investment institution which employs various Islamic financing techniques to develop local MSMEs in the research survey area was empirically justified and practically demonstrated in various entrepreneurial and capacity-building arrangements. The findings of this study covered the alarming prevalence of poverty in Sokoto State, capacity-building theory of poverty alleviation, ideal waqf administration, effective microfinance services, growth of MSMEs and integration of waqf and microfinance for sustainable poverty alleviation in the State. These findings are meant to guide the policy-makers and all stakeholders in rectifying anomalies in the current poverty alleviation schemes in the state.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Sanyinna, Abubakar Yusuf
author_facet	Sanyinna, Abubakar Yusuf
author_sort	Sanyinna, Abubakar Yusuf
title	Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_short	Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_full	Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_fullStr	Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_full_unstemmed	Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_sort	integration of waqf, microfinance and micro, small and medium enterprises for poverty alleviation in sokoto state, nigeria
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2018
url	https://etd.uum.edu.my/8344/1/s900645_01.pdf https://etd.uum.edu.my/8344/2/s900645_02.pdf https://etd.uum.edu.my/8344/3/s900645_references.docx
_version_	1747828376268177408

Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria

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