Overview
- Focuses on Islamic financial inclusion for sustainable growth and sustainability
- Illustrates how to enhance poverty alleviation and achieving sustainable development through Islamic microfinance
- Presents empirical case studies of Islamic financial inclusion being applied in various countries, including examples of micro-entrepreneurship, Islamic deposit insurance and financial inclusion in agriculture
Part of the book series: Palgrave Studies in Islamic Banking, Finance, and Economics (IBFE)
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About this book
This book is the second of two volumes which highlight the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth.
This volume explores the financial risks associated with lending to low-income groups due to high poverty levels and the lack of collateralization mechanisms. The first book on the market to provide empirical evidence of Islamic microfinance, deposit insurance and micro-entrepreneurship through the analysis of models and country case studies, this edited collection will be of value to those researching development finance, financial inclusion and Islamic finance.
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Keywords
Table of contents (15 chapters)
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Front Matter
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Islamic Financial Inclusion for Sustained Growth and Poverty Alleviation
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Front Matter
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Islamic Finance for Financial Inclusion: Countries Diagnostics
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Front Matter
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Back Matter
Editors and Affiliations
About the editors
Abdelrahman Elzahi Saaid Ali is a Senior Economist at the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB). Before joining IRTI, he was Associate Professor of Economics at Sudan University of Science and Technology. Abdelrahman has written and edited a number of academic publications, including Revitalization of Waqf for Socio-Economic Development (Palgrave, 2019).
Khalifa Mohamed Ali is a Senior Economist at IRTI. Before this, he was Associate Professor of Economics at the United Arab Emirates University, and taught economics at Iowa State University, USA, where he also studied. Khalifa is the Editor of the Arabic edition of Islamic Economic Studies, one of IRTI's flagship publications, and has published extensively in the area of Islamic finance.
Mohamed Hassan Azrag is Assistant Professor in the Faculty of Administrative Sciences, Ibn Sina University, Sudan. Prior to this he studied Accounting and Finance at Sudan University of Science and Technology where he gained his FCCA qualification.
Bibliographic Information
Book Title: Enhancing Financial Inclusion through Islamic Finance, Volume II
Editors: Abdelrahman Elzahi Saaid Ali, Khalifa Mohamed Ali, Mohamed Hassan Azrag
Series Title: Palgrave Studies in Islamic Banking, Finance, and Economics
DOI: https://doi.org/10.1007/978-3-030-39939-9
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-39938-2Published: 02 July 2020
Softcover ISBN: 978-3-030-39941-2Published: 02 July 2021
eBook ISBN: 978-3-030-39939-9Published: 01 July 2020
Series ISSN: 2662-5121
Series E-ISSN: 2662-513X
Edition Number: 1
Number of Pages: XXXIII, 373
Number of Illustrations: 68 b/w illustrations
Topics: Islamic Finance, Development Finance, Sustainable Development, Risk Management