Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions

Despite the potentially important role of Islamic microfinance in making Islamic finance an inclusive financial system, the industry is faced with a wide ranging of issues. By analysing the experiences of two major Islamic microfinance institutions (IMFIs), namely Baitul Maal Wa Tamwil (BMT) in Indo...

Full description

Bibliographic Details
Main Authors:	Kassim, Salina, Satar, Norizan
Format:	Conference or Workshop Item
Language:	English English
Published:	2019
Subjects:	HG Finance HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/79474/ http://irep.iium.edu.my/79474/1/2019%20CP%207th%20AICIF%20Salina.pdf http://irep.iium.edu.my/79474/2/7th%20AICIF%20Salina-Norizan.pdf

id	iium-79474
recordtype	eprints
spelling	iium-794742020-03-09T08:46:04Z http://irep.iium.edu.my/79474/ Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions Kassim, Salina Satar, Norizan HG Finance HG3368 Islamic Banking and Finance Despite the potentially important role of Islamic microfinance in making Islamic finance an inclusive financial system, the industry is faced with a wide ranging of issues. By analysing the experiences of two major Islamic microfinance institutions (IMFIs), namely Baitul Maal Wa Tamwil (BMT) in Indonesia and Amanah Ikhtiar Malaysia (AIM) in Malaysia, this study aims to learn from their experiences of the issues facing them in financing the poor. The study offers an area of novelty by undertaking a comparative analysis between both institutions in efforts to understand the peculiarities facing each IMFI, unlike the earlier studies which are commonly focusing on a specific IMFI. By employing a thorough review of the available literature, the study finds that human resource and sustainability are the main issues facing both IMFIs. While human resource is the most important factor ensuring success of the microfinance institutions, structural issues such as reliance on subsidies could jeopardise their sustainability. Findings of this study contribute towards providing important inputs for sustainability of the IMFIs as well as enriching the literature in the area of Islamic microfinance institutions. 2019 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/79474/1/2019%20CP%207th%20AICIF%20Salina.pdf application/pdf en http://irep.iium.edu.my/79474/2/7th%20AICIF%20Salina-Norizan.pdf Kassim, Salina and Satar, Norizan (2019) Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions. In: 7th ASEAN International Conference on Islamic Finance (7th AICIF), 3-5 December 2019, Ponorogo, Indonesia. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG Finance HG3368 Islamic Banking and Finance
spellingShingle	HG Finance HG3368 Islamic Banking and Finance Kassim, Salina Satar, Norizan Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions
description	Despite the potentially important role of Islamic microfinance in making Islamic finance an inclusive financial system, the industry is faced with a wide ranging of issues. By analysing the experiences of two major Islamic microfinance institutions (IMFIs), namely Baitul Maal Wa Tamwil (BMT) in Indonesia and Amanah Ikhtiar Malaysia (AIM) in Malaysia, this study aims to learn from their experiences of the issues facing them in financing the poor. The study offers an area of novelty by undertaking a comparative analysis between both institutions in efforts to understand the peculiarities facing each IMFI, unlike the earlier studies which are commonly focusing on a specific IMFI. By employing a thorough review of the available literature, the study finds that human resource and sustainability are the main issues facing both IMFIs. While human resource is the most important factor ensuring success of the microfinance institutions, structural issues such as reliance on subsidies could jeopardise their sustainability. Findings of this study contribute towards providing important inputs for sustainability of the IMFIs as well as enriching the literature in the area of Islamic microfinance institutions.
format	Conference or Workshop Item
author	Kassim, Salina Satar, Norizan
author_facet	Kassim, Salina Satar, Norizan
author_sort	Kassim, Salina
title	Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions
title_short	Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions
title_full	Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions
title_fullStr	Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions
title_full_unstemmed	Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions
title_sort	issues and challenges in financing the poor : lessons learned from islamic microfinance institutions
publishDate	2019
url	http://irep.iium.edu.my/79474/ http://irep.iium.edu.my/79474/1/2019%20CP%207th%20AICIF%20Salina.pdf http://irep.iium.edu.my/79474/2/7th%20AICIF%20Salina-Norizan.pdf
first_indexed	2023-09-18T21:51:31Z
last_indexed	2023-09-18T21:51:31Z
_version_	1777413801321168896

Issues and challenges in financing the poor : Lessons learned from Islamic microfinance institutions

Similar Items