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Micro Finance and Islamic Banking

With microfinance institutions under attack for allegedly focusing on profit at the cost of poor borrowers, an alternative way of lending—based on Islamic principles—is gaining ground.........

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http://www.livemint.com/2010/09/22221729/Faith-shows-a-new-way-to-micro.html?h=B

1 comment:

islamic banking certificate said...

The interest free banking is a boon to society. There is a tendency to defend all the ideas presented in the name of Islam, even without looking into its merits and demerits. We hope that efforts to dispel the clouds of doubt which prevails in the society will have good results.