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Viewpoint: The Case for Islamic Microfinance in Africa
Professor Badr El Din A. Ibrahim, President of the Microfinance Unit at the Central Bank of Sudan, discusses why Shari'ah-compliant financing is key.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Islamic banking consistently expanding in Pakistan
Last week, the State Bank of Pakistan granted its first license to a micro-finance bank and brought it into the Islamic mode.
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- Uncategorized
- Region
- South Asia
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Uganda Legalizes Islamic Banking
Uganda's Cabinet has approved the amended Financial Institutions Act 2015, which paves the way for the introduction of Islamic and Agency banking in Uganda.
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- Uncategorized
- Region
- Sub-Saharan Africa
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U.S. startup combines Bitcoin with Islamic microfinance in Indonesia
Founded in San Francisco and recently moved to Jakarta, a financial startup called Blossom aims at nothing less than shaking up the microfinance sector in Indonesia.
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- Uncategorized
- Region
- Asia Pacific
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5 African e-health startups to watch
Africa’s basic infrastructural challenges – such as poor transport links, and the limited number of medical professionals and clinics – have long hindered the health sector. However, across the continent, Africa’s innovators are looking to leverage technology to ensure quality medical care is universally accessible.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Catholic Trust Looks to Brazilian Fund for Social Returns
A Brazilian investment fund is taking to heart theVatican’s endorsement of leveraging capitalism’s tools to help address inequality.
- Categories
- Impact Assessment
- Region
- Latin America
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Blossom Offers Islamic Micro-Financing in Indonesia Using Bitcoin
A startup that recently relocated from San Francisco to Jakarta aims to shake up micro-finance in Indonesia.Blossom‘s concept can be said to be breaking ground: it operates onBitcoin and targets the global Muslim community.
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- Uncategorized
- Region
- Asia Pacific
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Islamic Financial Services Board Adds Financial Inclusion to Islamic Banking’s To-Do List
The Islamic Financial Services Board (IFSB) is adding financial inclusion to the industry's to-do list, launching initiatives aimed at widening the reach of sharia-compliant banking to include poorer people.
- Categories
- Uncategorized
- Region
- North Africa & Near East