The approaches of Islamic and conventional microfinancing for poverty alleviation and sustainable livelihood

Abul Bashar Bhuiyan, Chamhuri Siwar, Aminul Islam, Mamunur Rashid

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

Poverty is the main illness for sustainable livelihood because it destroyed human basic rights for surviving with minimum opportunities especially political, social stability and economic processes, literature and environment. The aims of this study are to discuss about existing approaches of poverty alleviation and sustainable livelihood. The study found throughout the discussion of the theoretical sources i.e., participatory approaches have determined as a good way of poverty alleviation and sustainable livelihood especially zakat based Islamic mode of financing and Qard-al-Hasan on the basis of spiritual values as an alternative model for poverty alleviation and ensuring sustainable livelihood.

Original languageEnglish
Pages (from-to)1385-1389
Number of pages5
JournalAmerican Journal of Applied Sciences
Volume9
Issue number9
Publication statusPublished - 2012

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poverty alleviation
participatory approach
poverty
livelihood
economics

Keywords

  • Microcredit and microfinance
  • Poverty
  • Sustainable livelihood and Qard-Al-Hasan

ASJC Scopus subject areas

  • General

Cite this

The approaches of Islamic and conventional microfinancing for poverty alleviation and sustainable livelihood. / Bhuiyan, Abul Bashar; Siwar, Chamhuri; Islam, Aminul; Rashid, Mamunur.

In: American Journal of Applied Sciences, Vol. 9, No. 9, 2012, p. 1385-1389.

Research output: Contribution to journalArticle

Bhuiyan, Abul Bashar ; Siwar, Chamhuri ; Islam, Aminul ; Rashid, Mamunur. / The approaches of Islamic and conventional microfinancing for poverty alleviation and sustainable livelihood. In: American Journal of Applied Sciences. 2012 ; Vol. 9, No. 9. pp. 1385-1389.
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