Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria

There is a growing concern over the alarming prevalence of poverty in Nigeria generally, and in Sokoto State particularly. Ironically, the long existence the Waqf and microfinance institutions which are considered among the most effective poverty-alleviation institutions, of these institutions in S...

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Main Author: Sanyinna, Abubakar Yusuf
Format: Thesis
Language:English
English
English
Published: 2018
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Online Access:https://etd.uum.edu.my/8344/1/s900645_01.pdf
https://etd.uum.edu.my/8344/2/s900645_02.pdf
https://etd.uum.edu.my/8344/3/s900645_references.docx
https://etd.uum.edu.my/8344/
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spelling my.uum.etd.83442021-10-31T00:59:28Z https://etd.uum.edu.my/8344/ Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria Sanyinna, Abubakar Yusuf HC Economic History and Conditions HD60 Small Business. There is a growing concern over the alarming prevalence of poverty in Nigeria generally, and in Sokoto State particularly. Ironically, the long existence the Waqf and microfinance institutions which are considered among the most effective poverty-alleviation institutions, of these institutions in Sokoto state are apparently not making any significant impact on poverty alleviation in the area. Similarly, micro, small and medium enterprises (MSMEs) are hampered by acute financial exclusion in Nigeria. Therefore, this study was primarily conducted in order to explore effective mechanisms of harnessing the potentials of waqf, microfinance and MSMEs for sustainable poverty alleviation in Sokoto state. The exploration of these mechanisms has required the adoption of qualitative research method involving series of interview and focus group discussions. Subsequently, the primary data collected was analysed thematically through NVivo 10 computer software. By adopting grounded theory approach in data collection and analysis, capacity-building theory of poverty alleviation was eventually generated for implementation in the state. Based on the findings of the study, a waqf-based Islamic microfinance integrated model (WIMIM) was proposed. This model which is a mix of commercial and investment institution which employs various Islamic financing techniques to develop local MSMEs in the research survey area was empirically justified and practically demonstrated in various entrepreneurial and capacity-building arrangements. The findings of this study covered the alarming prevalence of poverty in Sokoto State, capacity-building theory of poverty alleviation, ideal waqf administration, effective microfinance services, growth of MSMEs and integration of waqf and microfinance for sustainable poverty alleviation in the State. These findings are meant to guide the policy-makers and all stakeholders in rectifying anomalies in the current poverty alleviation schemes in the state. 2018 Thesis NonPeerReviewed text en https://etd.uum.edu.my/8344/1/s900645_01.pdf text en https://etd.uum.edu.my/8344/2/s900645_02.pdf text en https://etd.uum.edu.my/8344/3/s900645_references.docx Sanyinna, Abubakar Yusuf (2018) Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria. Doctoral thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
English
topic HC Economic History and Conditions
HD60 Small Business.
spellingShingle HC Economic History and Conditions
HD60 Small Business.
Sanyinna, Abubakar Yusuf
Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
description There is a growing concern over the alarming prevalence of poverty in Nigeria generally, and in Sokoto State particularly. Ironically, the long existence the Waqf and microfinance institutions which are considered among the most effective poverty-alleviation institutions, of these institutions in Sokoto state are apparently not making any significant impact on poverty alleviation in the area. Similarly, micro, small and medium enterprises (MSMEs) are hampered by acute financial exclusion in Nigeria. Therefore, this study was primarily conducted in order to explore effective mechanisms of harnessing the potentials of waqf, microfinance and MSMEs for sustainable poverty alleviation in Sokoto state. The exploration of these mechanisms has required the adoption of qualitative research method involving series of interview and focus group discussions. Subsequently, the primary data collected was analysed thematically through NVivo 10 computer software. By adopting grounded theory approach in data collection and analysis, capacity-building theory of poverty alleviation was eventually generated for implementation in the state. Based on the findings of the study, a waqf-based Islamic microfinance integrated model (WIMIM) was proposed. This model which is a mix of commercial and investment institution which employs various Islamic financing techniques to develop local MSMEs in the research survey area was empirically justified and practically demonstrated in various entrepreneurial and capacity-building arrangements. The findings of this study covered the alarming prevalence of poverty in Sokoto State, capacity-building theory of poverty alleviation, ideal waqf administration, effective microfinance services, growth of MSMEs and integration of waqf and microfinance for sustainable poverty alleviation in the State. These findings are meant to guide the policy-makers and all stakeholders in rectifying anomalies in the current poverty alleviation schemes in the state.
format Thesis
author Sanyinna, Abubakar Yusuf
author_facet Sanyinna, Abubakar Yusuf
author_sort Sanyinna, Abubakar Yusuf
title Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_short Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_full Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_fullStr Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_full_unstemmed Integration of WAQF, microfinance and micro, small and medium enterprises for poverty alleviation in Sokoto State, Nigeria
title_sort integration of waqf, microfinance and micro, small and medium enterprises for poverty alleviation in sokoto state, nigeria
publishDate 2018
url https://etd.uum.edu.my/8344/1/s900645_01.pdf
https://etd.uum.edu.my/8344/2/s900645_02.pdf
https://etd.uum.edu.my/8344/3/s900645_references.docx
https://etd.uum.edu.my/8344/
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score 13.159267