alhuda cibe -micro takaful
TRANSCRIPT
Religiosity and threshold effect in social and financial performance of microfinance institutions
Mohammad Ashraful Mobin
MicroTakaful – A tool of Financial Inclusion
Presented by:
Muhammad Zubair Mughalzubair,[email protected]
Why MicroTakaful Prohibition of Interest - Financial
Inclusion. Care for the poor is a religious
obligation in Islam. Half of the 57 IDB members Africa are
classed as United Nation Least Developed Countries (LDCs)
Share of Micro-Takaful in Takaful Industry is less than 2%.
Utilization of Zakhat. Should be treated as System - Muslims
& Non-Muslims
Poverty Treatment in Islam
4
Qarz-e-Hasan, Murabahah, Ijarah,
Mudarabah
Transitory Vulnerable
Transitory Poor
Chronic Poor Extremely Poor
Zakat, Sadqa, Ushar
Salam, Istisna and
other products
Non-Poor
Transitory Non-Poor
MicroTakaful
What is required?
When there is a will, there is way!
AlHuda CIBE FZ LLE - U.A.EP: + 971 56 9286664, + 971 55 938 99 00
AlHuda Center of Islamic Banking & Economics - Pakistan
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