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Islamic Microfinance: Helping the industry gain critical mass

Enter Islamic Microfinance, dubbed as the saviour to developing economies due to the nature of its lending mechanism; affording micro loans over a relatively short period of time, and creating opportunities within communities that might otherwise not have the means to gain economic autonomy. However, despite its sound value proposition to the development of the economy as a whole, Islamic Microfinance is hardly a popular choice amongst higher level decision makers and financial institutions due to the various uncertainties surrounding the sector.

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