Adopting zero interest financing model (ZIFM) in Islamic microfinance institutions: the case of Shariah people credit bank (BPRS), Indonesia

• Main Authors: Mohd Thas Thaker, Mohamed Asmy, Mohd Thas Thaker, Hasanudin
• Format: Conference or Workshop Item
• Language: English; English
• Published: 2014
• Subjects: HG Finance
• Online Access: http://irep.iium.edu.my/39841/1/Mohamed_Asmy_%26_Hassanudin-_International_Conference_on_Arts_and_Sciences_2014.pdf; http://irep.iium.edu.my/39841/2/ConferSchedule.pdf; http://irep.iium.edu.my/39841/

Microfinance has emerged as an important instrument to alleviate poverty in many countries including in developing countries. Despite being able to demonstrate successes in the activity, conventional microfinance is not without controversy. The findings from the existing studies revealed that conven...