{"title":"Book Reports","authors":"Malcolm Harper Malcolm Harper","doi":"10.4197/islec.32-1.14","DOIUrl":null,"url":null,"abstract":"Microfinance institutions are today reaching hundreds of millions of clients throughout the global\nSouth, but the special needs of Muslim borrowers\nand savers, who wish to avoid any form of fixed interest, are badly served. The purpose of Islamic Microfinance is to introduce readers to the tenets of\nIslam and how they are applied to microfinance. It\nquestions why, when mainstream Islamic finance is\ngrowing rapidly, are efforts to reach poor Muslim\ncustomers so far behind? Can Islamic microfinance\nas it grows maintain its original spirit of fairness,\ntransparency and sharing, principles that seem to\nhave been almost forgotten in the world of conventional microfinance?","PeriodicalId":39159,"journal":{"name":"Journal of King Abdulaziz University, Islamic Economics","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2019-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of King Abdulaziz University, Islamic Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4197/islec.32-1.14","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
Microfinance institutions are today reaching hundreds of millions of clients throughout the global
South, but the special needs of Muslim borrowers
and savers, who wish to avoid any form of fixed interest, are badly served. The purpose of Islamic Microfinance is to introduce readers to the tenets of
Islam and how they are applied to microfinance. It
questions why, when mainstream Islamic finance is
growing rapidly, are efforts to reach poor Muslim
customers so far behind? Can Islamic microfinance
as it grows maintain its original spirit of fairness,
transparency and sharing, principles that seem to
have been almost forgotten in the world of conventional microfinance?
期刊介绍：
The aims and scope of the journal include: -To develop the emerging paradigm of Islamic economics on scientific lines through publishing original works in this field that pass its peer review process. -To promote dialogue and discussion on current issues in the fields of Islamic economics and finance among the international community of scholars. -To encourage empirical research on Islamic finance, takaful, zakah, awqaf and other Islamic institutions including case studies from Muslim economies. -Contemporary global economic issues viewed from an Islamic perspective. To publish book reviews of important works published in the field, including books in conventional economics, business and finance having some connection with Islamic economics and/or finance.
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