Posts Tagged ‘Islamic Microfinance Chalenge 2010’

Microfinance Focus, March 9, 2010: CGAP, Deutsche Bank, Grameen-Jameel and Islamic Development Bank have joined the Islamic microfinance industry to develop new ideas for business models in the "Islamic Microfinance Challenge 2010: Innovating Sustainable, Scalable, and Market-Driven Models." Islamic finance principles prohibit interest-based contracts, and emphasize risk-sharing and asset-backed transactions. The fundamental challenge for the Islamic microfinance industry remains meeting client demand with affordable, authentic, profitable, ... Full story