A challenge has appeared for practitioners, professionals and scholars of Islamic Microfinance and that is to draw a standard Islamic Microfinance Model’s out line, which could encircle the needs and issues of the social and commercial both modes of poverty alleviation.
The real requirement of the industry is a sustainable faith-based microfinance model.
In case of a faith based model the situation is very interesting because it is not totally depended on product development experts, who have prooved their expertise by developing poverty alleviation products in the recent past.