Interest-free microfinance in India : a case study of Bait-un-Nasr urban cooperative credit society

المؤلفون المشاركون

Muhammad, Wasi Allah Shaykh
Wahid, Khalid

المصدر

ISRA International Journal of Islamic Finance

العدد

المجلد 11، العدد 2 (31 ديسمبر/كانون الأول 2019)، ص ص. 322-337، 16ص.

الناشر

الأكاديمية العالمية للبحوث الشرعية

تاريخ النشر

2019-12-31

دولة النشر

ماليزيا

عدد الصفحات

16

التخصصات الرئيسية

الدراسات الإسلامية

الملخص EN

Purpose – The purpose of this paper is to understand interest-free microfinance practices in India, identify issues and recommend possible solutions.

Design/methodology/approach – To achieve the proposed objectives, Bait-un-Nasr (BuN) Urban Cooperative Credit Society, located in Mumbai, India, is considered for the case study.

The study is based on both primary and secondary data.

The primary data are collected through questionnaires and secondary data from various sources.

Performance of the institution is assessed in terms of growth and sustainability indicators.

Findings – It is found that BuN has been successful in providing interest-free microfinance services in India.

A few operational issues have been highlighted and possible solutions are recommended.

Moreover, it is found that in comparison to the microfinance industry standards, the performance of BuN has been lower.

Research limitations/implications – BuN is evaluated from only growth and sustainability aspects and not from the aspect of the socio-economic impacts of its services on the lives of customers.

Practical implications – This study would become a documented source of interest-free microfinance practices in India.

Moreover, the recommendations provided, if implemented, would help BuN in further growth and development.

Social implications – This study would help create awareness in the society about the practices of interest-free microfinance.

Originality/value – This paper highlights the interest-free microfinance practices in India that have not received the needed attention.

The paper also attempts to identify key issues pertaining to interest-free microfinance with possible solutions.

نمط استشهاد جمعية علماء النفس الأمريكية (APA)

Muhammad, Wasi Allah Shaykh& Wahid, Khalid. 2019. Interest-free microfinance in India : a case study of Bait-un-Nasr urban cooperative credit society. ISRA International Journal of Islamic Finance،Vol. 11, no. 2, pp.322-337.
https://search.emarefa.net/detail/BIM-965296

نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)

Muhammad, Wasi Allah Shaykh& Wahid, Khalid. Interest-free microfinance in India : a case study of Bait-un-Nasr urban cooperative credit society. ISRA International Journal of Islamic Finance Vol. 11, no. 2 (2019), pp.322-337.
https://search.emarefa.net/detail/BIM-965296

نمط استشهاد الجمعية الطبية الأمريكية (AMA)

Muhammad, Wasi Allah Shaykh& Wahid, Khalid. Interest-free microfinance in India : a case study of Bait-un-Nasr urban cooperative credit society. ISRA International Journal of Islamic Finance. 2019. Vol. 11, no. 2, pp.322-337.
https://search.emarefa.net/detail/BIM-965296

نوع البيانات

مقالات

لغة النص

الإنجليزية

الملاحظات

Includes bibliographical references : p. 335-337

رقم السجل

BIM-965296