Global Islamic Microfinance Forum (GIMF) will be organized jointly by AlHuda Centre of Islamic Banking and Economics (CIBE) and AKHUWAT in Dubai from November 01-02, 2014.
Global Islamic Microfinance Forum 2014
The purpose of the 4th GIMF is to unite the Islamic Microfinance Industry under one roof. Talking about the purpose and motives of 4th Global Islamic Microfinance Forum, Mr. Muhammad Zubair Mughal, Chief Executive, AlHuda Centre of Islamic Banking and Economics said “Poverty is a worldwide phenomenon and unfortunately, it is increasing among Muslim countries. More than half of the world’s poor reside in the Islamic world. The main reason for this increase is the avoidance of interest among Muslims as taking loans on interest is strictly prohibited under Islam and on the other hand, conventional microfinance has drastically failed to alleviate poverty in Muslim.”
Registrations for the Islamic Microfinance Forum are expected to open soon and we will keep you updated about it on India Microfinance.