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At the International Conference on Islamic Microfinance, held in June in Islamabad, Pakistan participated over 500 industry experts, practitioners and stakeholders from 20 countries trying to promote Islamic Microfinance and chart its future growth.
Mr. Ahmad, Chief Executive Officer of Pakistan’s Microfinance Network, presented the challenges facing the industry and offered plausible solutions.
Mr. Christopher Candland, Associate Professor Department of Political Science and Director South Asia Studies Program, Wellesely College, USA, revealed that major researches on commercial microfinance show how the growth of microfinance has far defeated its effective alleviation of poverty.