The Application of Ar-rahan-based Microcredit facility as an Alternative Instrument for poverty alleviation in Nigeria

• Main Authors: Busari, Saheed Abdullahi, Aminu, Sikiru Olanrewaju
• Format: Article
• Language: English; English; English
• Published: IIUM Press 2017
• Subjects: HG3368 Islamic Banking and Finance
• Online Access: http://irep.iium.edu.my/89860/1/Application%20of%20Rahn%20based%20as%20an%20alternative%20microfinance%20instrument%20in%20Nigeria.pdf; http://irep.iium.edu.my/89860/2/86; http://irep.iium.edu.my/89860/3/86; http://irep.iium.edu.my/89860/; https://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/156/86
• Institution: Universiti Islam Antarabangsa Malaysia

One of the major challenges facing developing nations like Nigeria is the continuous increase in the level of poverty, which widens the gap between the rich and the poor amidst increasing population and economic growth. In Nigeria, there are scores of microfinance outlets but their operational p...