New Delhi: An international training program and workshop to discuss the nuances of Islamic microfinance was recently held in New Delhi under the aegis of Islamic Business and Finance Network (IBF Net) and its Institute of Microfinance and Development in association with Islamic Relief Worldwide.
Organizers of the programme are of the view that provision of appropriate microfinance products and services to the poor in a sustained manner helps bring down poverty levels. The needs of the poor in Islamic countries are no different from that of the poor in other societies. However, the poor in Muslim societies also demand that the provision of microfinance must not violate their basic beliefs and cultures, they say and this has resulted in the birth of the Islamic or Shariah-compliant microfinance industry.
IBF Net (www.ibfnet.in) is an India-based global network with over five thousand members from academia and the Islamic financial services industry. It offers professional certification programs in the field of Islamic finance through its online academy, International Institute of Islamic Business and Finance (www.iiibf.org).
The sessions in the workshop covered major norms and models of Islamic microfinance supplemented with practical insights from case studies.
No comments:
Post a Comment