Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh

The goal of this paper is to explore the Islamic Microfinance Instruments (IMFs) in attaining sustainable development goals (SDGs) in Bangladesh. Propose a conceptual model along with exploring the efforts in attaining SDGs to fill the gap. The methodology of the study predicated on secondary data...

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Main Authors:	Uddin, Md Nazim, Hamdan, Hamdino, Kassim, Salina, Che Embi, Nor Azizan, Md Saad, Norma
Format:	Article
Language:	English
Published:	2020
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/78800/ http://irep.iium.edu.my/78800/ http://irep.iium.edu.my/78800/ http://irep.iium.edu.my/78800/1/JIBM-2019-04-64.pdf

id	iium-78800
recordtype	eprints
spelling	iium-788002020-03-09T04:30:09Z http://irep.iium.edu.my/78800/ Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh Uddin, Md Nazim Hamdan, Hamdino Kassim, Salina Che Embi, Nor Azizan Md Saad, Norma HG3368 Islamic Banking and Finance The goal of this paper is to explore the Islamic Microfinance Instruments (IMFs) in attaining sustainable development goals (SDGs) in Bangladesh. Propose a conceptual model along with exploring the efforts in attaining SDGs to fill the gap. The methodology of the study predicated on secondary data includes existing relevant literature, books and annual reports of easily sampled IMFs and Microcredit Regulatory Authority (MRA) in Bangladesh. The findings of the research show that microfinance organisations have a broader range to attain Sustainable Development Goals through their various investment modes. The analysis categorises the microfinance tools into large parts that are poverty decrease, end hunger for food, good health, equality education, clean drinking water, sanitation energy, gender equality, empowering women, and funding which have an optimistic effect to the real sector of the sustainable economic climate that will lead towards attaining SDGs. Microfinance organisations are carrying on their initiatives in attaining sustainable development goals through their various products. With growing the potentiality, microfinance has both direct and indirect effects on ensuring financial development, environmental sustainability, and social inclusion by creating work opportunity, distributing knowledge and skills, making self-dependent, protecting from undesirable effects. The paper also attempts to put suggestions to lessen the difficulties of microfinance performing as impediments to achieving the SDGs. 2020-01-12 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/78800/1/JIBM-2019-04-64.pdf Uddin, Md Nazim and Hamdan, Hamdino and Kassim, Salina and Che Embi, Nor Azizan and Md Saad, Norma (2020) Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh. Journal of International Business and Management, 3 (1). pp. 1-12. ISSN 2616-5163 E-ISSN 2616-4655 https://rpajournals.com/jibm DOI: https://doi.org/10.37227/jibm-2020-64
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG3368 Islamic Banking and Finance
spellingShingle	HG3368 Islamic Banking and Finance Uddin, Md Nazim Hamdan, Hamdino Kassim, Salina Che Embi, Nor Azizan Md Saad, Norma Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh
description	The goal of this paper is to explore the Islamic Microfinance Instruments (IMFs) in attaining sustainable development goals (SDGs) in Bangladesh. Propose a conceptual model along with exploring the efforts in attaining SDGs to fill the gap. The methodology of the study predicated on secondary data includes existing relevant literature, books and annual reports of easily sampled IMFs and Microcredit Regulatory Authority (MRA) in Bangladesh. The findings of the research show that microfinance organisations have a broader range to attain Sustainable Development Goals through their various investment modes. The analysis categorises the microfinance tools into large parts that are poverty decrease, end hunger for food, good health, equality education, clean drinking water, sanitation energy, gender equality, empowering women, and funding which have an optimistic effect to the real sector of the sustainable economic climate that will lead towards attaining SDGs. Microfinance organisations are carrying on their initiatives in attaining sustainable development goals through their various products. With growing the potentiality, microfinance has both direct and indirect effects on ensuring financial development, environmental sustainability, and social inclusion by creating work opportunity, distributing knowledge and skills, making self-dependent, protecting from undesirable effects. The paper also attempts to put suggestions to lessen the difficulties of microfinance performing as impediments to achieving the SDGs.
format	Article
author	Uddin, Md Nazim Hamdan, Hamdino Kassim, Salina Che Embi, Nor Azizan Md Saad, Norma
author_facet	Uddin, Md Nazim Hamdan, Hamdino Kassim, Salina Che Embi, Nor Azizan Md Saad, Norma
author_sort	Uddin, Md Nazim
title	Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh
title_short	Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh
title_full	Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh
title_fullStr	Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh
title_full_unstemmed	Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh
title_sort	role of islamic microfinance institutions for sustainable development goals in bangladesh
publishDate	2020
url	http://irep.iium.edu.my/78800/ http://irep.iium.edu.my/78800/ http://irep.iium.edu.my/78800/ http://irep.iium.edu.my/78800/1/JIBM-2019-04-64.pdf
first_indexed	2023-09-18T21:50:56Z
last_indexed	2023-09-18T21:50:56Z
_version_	1777413764239327232

Role of Islamic Microfinance Institutions for Sustainable Development Goals in Bangladesh

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