Sunday, November 21, 2010

My latest paper

My latest paper is recently published by Journal of Humanomics (Emerald) entitled "Islamic Microfinance: An Ethical Alternative to Poverty Alleviation". The paper discusses the various Islamic financing mechanisms that can be adapted for microfinance purposes. The mechanisms such as Mudarabah, Musharakah, Muzaraah, Musaqat, Ijarah, Murabahah, and Qardhul Hasan have been found to be viable and ethical alternatives to coventional microfinance based on interest (riba'). However, each microfinance mechanism has its own risk profile that need to be properly understood and mitigated. The paper argues that each mechanism can be identified and matched with the risk profile of the micro-entrepreneurs.

Anyone interested with the complete paper please email me at abdulrahim.iium@gmail.com or leave a comment here together with email address.

Abdul Rahim

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