The interest-free Islamic microfinance framework satisfies the need to establish sustainable microfinance institutions that are user-friendly.

Question

Quizplus · Accepted Answer

Islamic microfinance integrates the ethical and moral values of Islam with microfinance principles, offering interest-free financial services to the poor, which makes it user-friendly and sustainable by catering to the financial needs of those who are excluded from conventional banking due to religious beliefs or economic conditions.

The Interest-Free Islamic Microfinance Framework Satisfies the Need to Establish