Abstract
Islamic Microcredit is still an emerging concept even in Bangladesh, the motherland for Microfinance. This study reviews empirical evidence on the common findings from the existing literature on Islami Bank microcredit performance on the borrower's poverty alleviation in Bangladesh. We first examine the Islami Bank microcredit impact with respect to its member's progress on poverty alleviation and socioeconomic development. In general, most of the findings from the literature have shown that Islami Bank microcredit borrowers are doing well to reduce their vulnerability and poverty as well as improved socioeconomic status after access credit. However, the paper also identify existing literature gap of Islamic microfinance study and provide recommendation for future scope of study in the field of Islamic microfinance in Bangladesh.
Original language | English |
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Pages (from-to) | 221-230 |
Number of pages | 10 |
Journal | Australian Journal of Basic and Applied Sciences |
Volume | 5 |
Issue number | 5 |
Publication status | Published - May 2011 |
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Keywords
- Islami Bank
- Islamic Microfinance
- Poverty
- Socioeconomic development and Bangladesh
ASJC Scopus subject areas
- General
Cite this
Islamic Microcredit is the way of alternative approach for eradicating poverty in Bangladesh : A review of Islami bank Microcredit scheme. / Bhuiyan, Abul Bashar; Siwar, Chamhuri; Ismail, Abd. Ghafar; Abdul Talib, Basri.
In: Australian Journal of Basic and Applied Sciences, Vol. 5, No. 5, 05.2011, p. 221-230.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Islamic Microcredit is the way of alternative approach for eradicating poverty in Bangladesh
T2 - A review of Islami bank Microcredit scheme
AU - Bhuiyan, Abul Bashar
AU - Siwar, Chamhuri
AU - Ismail, Abd. Ghafar
AU - Abdul Talib, Basri
PY - 2011/5
Y1 - 2011/5
N2 - Islamic Microcredit is still an emerging concept even in Bangladesh, the motherland for Microfinance. This study reviews empirical evidence on the common findings from the existing literature on Islami Bank microcredit performance on the borrower's poverty alleviation in Bangladesh. We first examine the Islami Bank microcredit impact with respect to its member's progress on poverty alleviation and socioeconomic development. In general, most of the findings from the literature have shown that Islami Bank microcredit borrowers are doing well to reduce their vulnerability and poverty as well as improved socioeconomic status after access credit. However, the paper also identify existing literature gap of Islamic microfinance study and provide recommendation for future scope of study in the field of Islamic microfinance in Bangladesh.
AB - Islamic Microcredit is still an emerging concept even in Bangladesh, the motherland for Microfinance. This study reviews empirical evidence on the common findings from the existing literature on Islami Bank microcredit performance on the borrower's poverty alleviation in Bangladesh. We first examine the Islami Bank microcredit impact with respect to its member's progress on poverty alleviation and socioeconomic development. In general, most of the findings from the literature have shown that Islami Bank microcredit borrowers are doing well to reduce their vulnerability and poverty as well as improved socioeconomic status after access credit. However, the paper also identify existing literature gap of Islamic microfinance study and provide recommendation for future scope of study in the field of Islamic microfinance in Bangladesh.
KW - Islami Bank
KW - Islamic Microfinance
KW - Poverty
KW - Socioeconomic development and Bangladesh
UR - http://www.scopus.com/inward/record.url?scp=79955752104&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=79955752104&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:79955752104
VL - 5
SP - 221
EP - 230
JO - Australian Journal of Basic and Applied Sciences
JF - Australian Journal of Basic and Applied Sciences
SN - 1991-8178
IS - 5
ER -