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Title: Micro Financing in Pakistan-A Critical and Analytical Review According to the Islamic Injunctions
Authors: Hussain Shah, Syed Abrar
Keywords: Religious Studies
Islamic Studies
Issue Date: 2020
Publisher: Islamia University, Bahawalpur.
Abstract: My research topic is, Micro Financing in Pakistan-A Critical and Analytical Review According to the Islamic Injunctions. Microfinance is a panacea for poverty reduction in the world more especially in developing countries. This study attempts to investigate the effectiveness of Islamic Microfinance and how it can be used in mitigating poverty in Pakistan. In this study, it is also endeavored to analyse the Islamic microfinance and banking with the conventional microfinance and banking in the light of tools used in both the systems. Islamic, more correctly termed ‘Shariah-Compliant’; microfinance is the provision of financial services for low-income populations in which the services provided conform to Islamic financing principles. In many respects, Islamic finance is simply ethical finance. These definitions form the conceptual framework for the study, and each of the key terms in this definition is discussed in greater detail in the research work. It is important at the outset to establish the principles of Islamic (or Shariah) finance in order to distinguish it from conventional financing principles and these are also discussed in detail in this thesis. It is also important that the approach adopted in this research is based upon the definition within the human poverty Happy Planet Index (HPI). The reasons for doing so are that it enables a quantifiable measure, albeit an approximation, of some of the dimensions of poverty. It is submitted that, through this measure, more efficient comparability may be achieved in comparison to the qualitative measures in place under the multidimensional index. All the Islamic Shariah tools of trade, microfinance and business are discussed in detail.
Gov't Doc #: 20651
Appears in Collections:PhD Thesis of All Public / Private Sector Universities / DAIs.

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