Enhancing Financial Inclusion through Islamic Finance, Volume II

Abdelrahman Elzahi Saaid Ali

ISBN 10: 3030399419 / ISBN 13: 9783030399412

Published by Springer International Publishing, 2021

About this Item

Druck auf Anfrage Neuware - Printed after ordering - 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.

Seller Inventory # 9783030399412

Bibliographic Details

• Title: Enhancing Financial Inclusion through Islamic Finance, Volume II
• Publisher: Springer International Publishing
• Publication Date: 2021
• Language: English
• ISBN 10: 3030399419
• ISBN 13: 9783030399412
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 210W x 148H x 23D millimeters 210 millimeters width by 148 millimeters height by 23 millimeters depth
• Weight: 526 grams

About this title

Synopsis

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.

About the Author

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.