Islamic Microfinance and Sustainable Development Goals in Bangladesh

dc.contributor.authorRashid, Md. Harun Ur
dc.contributor.authorUddin, Mohammed Jashim
dc.contributor.authorZobair, Shah Asadullah Mohd.
dc.date.accessioned2019-07-20T03:40:48Z
dc.date.available2019-07-20T03:40:48Z
dc.date.issued2018
dc.description.abstractThe main objective of this study is to explore the Islamic Microfinance Instruments in achieving the Sustainable Development Goals (SDGs) in Bangladesh. The methodology of this study is based on secondary data including existing relevant literature, and annual reports of different financial institutions. The findings of this study show that Islamic microfinance institutions have a broader scope to attain SDGs through their various investment modes.The study categorizes the Islamic microfinance instruments into four broadly parts which are profit and loss sharing financing, non-profit & loss sharing financing, Islamic social enterprise based financing and charity based financing which have a positive effect to the real sector of the sustainable economy that will lead towards achieving SDGs. The Islamic Microfinance institutions are continuing their efforts in attaining SDGs through their various products. With growing the potentiality, Islamic microfinance has both direct and indirect impacts on ensuring economic development, environmental sustainability, and social inclusion by creating employment opportunity, spreading knowledge and skills, making self-dependent, protecting from adverse effects. The paper also tries to put recommendations to reduce the challenges of Islamic microfinance acting as impediments to achieving the SDGs.en_US
dc.identifier.citationVolume 2; Number 1; 2018; Page: 67-80en_US
dc.identifier.issnp25767674
dc.identifier.issne25767682
dc.identifier.urihttp://dspace.iiuc.ac.bd:8080/xmlui/handle/88203/1532
dc.language.isoenen_US
dc.publisherCentre for Research on Islamic Banking & Finance and Businessen_US
dc.subjectIslamic Microfinance (IMF)en_US
dc.subjectIslamic Microfinance Institutions (IMFIs)en_US
dc.subjectSustainable Development Goals (SDGs)en_US
dc.subjectBangladeshen_US
dc.titleIslamic Microfinance and Sustainable Development Goals in Bangladeshen_US
dc.typeArticleen_US

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