A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA
This study examines Islamic microfinance as an important contributor to both the economic and human development of India. We are aware that conventional microfinance products have flourished in India; however, these products do not fulfil the needs of all Muslim clients. Taking small glimpses of Isl...
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| Format: | Article |
| Language: | English |
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Bank Indonesia
2020-03-01
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| Series: | Journal of Islamic Monetary Economics and Finance |
| Subjects: | |
| Online Access: | https://jimf-bi.org/index.php/JIMF/article/view/1202 |
| _version_ | 1797870509328695296 |
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| author | Mohammad Irfan |
| author_facet | Mohammad Irfan |
| author_sort | Mohammad Irfan |
| collection | DOAJ |
| description | This study examines Islamic microfinance as an important contributor to both the economic and human development of India. We are aware that conventional microfinance products have flourished in India; however, these products do not fulfil the needs of all Muslim clients. Taking small glimpses of Islamic microfinance (IMF), we can say it is working successfully in Muslim countries. From the meta-analysis we classify the literature into seven categories, viz. social benefits, religious values, business enterprises, poverty alleviation, sustainable development, rural development and economic development. The contribution of research papers has risen across the literature review and there has been a sharp rise in new facts pertaining to Islamic microfinance in India. As a diagnostic check, all seven factors of the meta-analysis of IMF contain evidence for the case study of India. Bait-un-Nasr is an urban co-operative credit society, located in Mumbai, India that has practised all of the factors extracted by the meta-analysis. This paper provides a roster of emerging projects accompanied by a comprehensive review of literature that will be useful to both academicians and practitioners for studying existing research and contemporary future research. |
| first_indexed | 2024-04-10T00:28:31Z |
| format | Article |
| id | doaj.art-378a1580f1f54e4caa9bc799ed3e7d78 |
| institution | Directory Open Access Journal |
| issn | 2460-6146 2460-6618 |
| language | English |
| last_indexed | 2024-04-10T00:28:31Z |
| publishDate | 2020-03-01 |
| publisher | Bank Indonesia |
| record_format | Article |
| series | Journal of Islamic Monetary Economics and Finance |
| spelling | doaj.art-378a1580f1f54e4caa9bc799ed3e7d782023-03-15T04:41:26ZengBank IndonesiaJournal of Islamic Monetary Economics and Finance2460-61462460-66182020-03-0161215010.21098/jimf.v6i1.12021202A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIAMohammad Irfan0Auro University, Surat, IndiaThis study examines Islamic microfinance as an important contributor to both the economic and human development of India. We are aware that conventional microfinance products have flourished in India; however, these products do not fulfil the needs of all Muslim clients. Taking small glimpses of Islamic microfinance (IMF), we can say it is working successfully in Muslim countries. From the meta-analysis we classify the literature into seven categories, viz. social benefits, religious values, business enterprises, poverty alleviation, sustainable development, rural development and economic development. The contribution of research papers has risen across the literature review and there has been a sharp rise in new facts pertaining to Islamic microfinance in India. As a diagnostic check, all seven factors of the meta-analysis of IMF contain evidence for the case study of India. Bait-un-Nasr is an urban co-operative credit society, located in Mumbai, India that has practised all of the factors extracted by the meta-analysis. This paper provides a roster of emerging projects accompanied by a comprehensive review of literature that will be useful to both academicians and practitioners for studying existing research and contemporary future research.https://jimf-bi.org/index.php/JIMF/article/view/1202islamic microfinanceeconomic developmenthuman developmentcontent analysis |
| spellingShingle | Mohammad Irfan A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA Journal of Islamic Monetary Economics and Finance islamic microfinance economic development human development content analysis |
| title | A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA |
| title_full | A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA |
| title_fullStr | A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA |
| title_full_unstemmed | A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA |
| title_short | A META-ANALYSIS OF ISLAMIC MICROFINANCE : CASE BASED EVIDENCE FROM INDIA |
| title_sort | meta analysis of islamic microfinance case based evidence from india |
| topic | islamic microfinance economic development human development content analysis |
| url | https://jimf-bi.org/index.php/JIMF/article/view/1202 |
| work_keys_str_mv | AT mohammadirfan ametaanalysisofislamicmicrofinancecasebasedevidencefromindia AT mohammadirfan metaanalysisofislamicmicrofinancecasebasedevidencefromindia |