NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

People living in poverty need rapid access to a diverse range of financial services to run their businesses, build assets, ensure smooth self-consumption, and manage risks. Financial services for poor people have proven to be a powerful instrument for reducing poverty, enabling them to build assets, increase incomes and reduce their vulnerability to economic stress.

Islamic Microfinance has traits to provide a parallel support to the poorest of the poor and its imminent qualities leaves no room for structural devastation as emphasizes ethical, moral & social factors to promote equality and fairness for the good of the society.

During the latest research on Microfinance sector, it is evaluated that Islamic financial system provides the best solutions for Poverty alleviation and Social sustainability, it is not only providing opportunity to utilize a sustainable system but also offers good rate of return & ideal performance compare.