IslamicFinance.de

Microfinance is compatible to work with any model of icrofinance and it presents the alternative to all the products of conventional system.
Zubair Mughal, Chief Executive Officer of AlHuda Centre of Islamic Banking and Economics Pakistan, underlined the fact that Islam has given the best system for poverty alleviation and both Muslims and non-Muslims will have the possiblity to benefit from it.

The “International Conference on Islamic Microfinance” is going to be held on June 13 in Islamabad. The organiser is AlHuda Centre of Islamic Banking and Economics Pakistan.
Nowadays more than 300 Islamic microfinance organisations are working in Indonesia, Kenya, Afghanistan, Bangladesh, Sri Lanka, Yemen, Egypt, Sudan, Tanzania, Mauritius, South Africa, Malaysia and Pakistan.