Understanding costs and sustainability of sharia-compliant microfinance products (English)

While Islamic finance is a growing industry with more than 1,000 Islamic finance institutions and combined assets in excess of $1.3 trillion (Reuters 2013), the development of sharia-compliant microfinance has been much less prolific. Since 2006, the number of service providers offering sharia compliant microfinance products has doubled, albeit from a very small base and the number of clients using such products has quadrupled (El-Zoghbi and Tarazi...

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Author

Alvarez,Kaylene;

El-Zoghbi,Mayada;
Document Date
2015/02/01
Document Type
Brief
Report Number
95213
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2015/03/24
Disclosure Status
Disclosed
Doc Name
Understanding costs and sustainability of sharia-compliant microfinance products
Keywords
analysis of current operating costs

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Citation

Alvarez,Kaylene; El-Zoghbi,Mayada.

Understanding costs and sustainability of sharia-compliant microfinance products (English). CGAP focus note|no. 101 Washington, DC ; World Bank Group. http://documents.worldbank.org/curated/en/406481468127791733

Understanding costs and sustainability of sharia-compliant microfinance products (English)

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