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Returns to interest-free Microcredit: evidence from a Randomised Experiment in Pakistan

کلیدواژه: Microfinance/fa?page=1&sort=1&ftyp=all&fgrp=all&flan=all&fyrs=all" target="_blank">akhuwat Microfinance ؛ Interest-free ؛ Interest-free Microcredit ؛ Microcredit ؛ Microfinance

نویسندگان: Khan, Maazullah ؛ Bedi, Arjun S.

ناشر: Routledge

The existing experimental evidence on returns to capital is based on randomisation of either interest-bearing loans or grants. This paper reports on a field experiment conducted in Pakistan in which interestfree loans were randomly provided to microenterprises. The study was conducted in co-operatio... ادامه

سال:2022

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Can an interest-free credit facility be more efficient than a usurious payday loan?

کلیدواژه: cooperatives ؛ financial exclusion ؛ interest-free loan ؛ liquidity facility ؛ payday loan

نویسندگان: Salleh, Murizah Osman ؛ Jaafar, Aziz ؛ Ebrahim, M. Shahid

ناشر: Journal of Economic Behavior & Organization

Inefficiencies in mainstream credit markets have pushed selected households to frequent high cost payday loans for their liquidity needs. Ironically, despite the prohibitive cost there is still persistent demand for the product. This paper rides on the public policy objective of expanding affordable... ادامه

سال:2014

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The effectiveness of Qard-al-Hasan (interest free loan) as a tool of monetary policy

کلیدواژه: Islamic banks ؛ Qard al-hasan

نویسندگان: Selim, Mohammad

ناشر: IMEFM (International Journal of Islamic and Middle Eastern Finance and Management)

This paper aims to investigate the macroeconomic effects of Qard-al-Hasan (QH) as a tool of monetary policy (MP) and its effectiveness in achieving full employment and price stability in the economy. Design/methodology/approach – QH-based MP and its effects on major macroeconomic variables are exami... ادامه

سال:2019

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Impact of Qard-al-Hasan (interest-free loan) program in reducing multidimensional poverty: an evidence from the southwest Bangladesh

کلیدواژه: Fael Khair Waqf )FKW( program؛ Logistic analysis؛ Multidimensional Poverty Index؛ poverty alleviation؛ Qard-al-Hasan

نویسندگان: Muneer, Farah ؛ Khan, Foyasal

ناشر: IMEFM (International Journal of Islamic and Middle Eastern Finance and Management)

... ادامه

سال:2022

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Viability and practices of interest-free microfinance in the state of Kerala: An analytical study based on customers’ perceptions

کلیدواژه: Customer perceptions towards Interest-free microfinance ؛ Interest-free microfinance ؛ Operational methods of Interest-free microfinance ؛ Products and services of Interest-free microfinance

نویسندگان: Shafi M.K., Muhammed ؛ Reddy, M. Ravindar

ناشر: IIMB Management Review

This is an empirical study on interest-free (Islamic) Microfinance (IsMF) which is based on the Profit Loss Sharing (PLS) financial mechanism, conducted in the state of Kerala. In India, IsMF is at a nascent stage but many institutions have ventured into IsMF-type financial enterprises, especially a... ادامه

سال:2019

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