Call for Papers:Vol.11 Issue.4

Submission
Last date		 28-Aug-2025
Acceptance Status In One Day
Paper Publish In Two Days
Submit ManuScript

News & Updates

Submit Article

Dear Authors, Article publish in our journal for Volume-11,Issue-4. For article submission on below link: Submit Manuscript


Join As Board

Dear Reviewer, You can join our Reviewer team without given any charges in our journal. Submit Details on below link: Join As Board


Paper Publication Charges

IJARIIE APP
Download Android App

For Authors

Archives

IJARIIE Board

Downloads

Android App

Download IJARIIE APP

Authors

Title: :  Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector
PaperId: :  5838
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 3 Issue 4 2017
DUI:    16.0415/IJARIIE-5838
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Dr. Mushthaq Ahammed KSchool of Distance Education, University of Kerala

Abstract

Management and Commerce
Based Microfinance, Islamic Microfinance, Non Conventional Approach, MSME Sector
The policies associated with conventional banking system, indeed, accelerated the pace of coalescence of wealth in few hands. In such type of antagonistic and volatile environment, alternative microfinance would be a universal remedy for this prevailing evil. In fact, conventional microfinance approach has more or less same problems and challenges as those are faced by formal banking credit system. There is a need of alternative approach to overcome deficiencies of traditional and conventional approaches of microfinance. Alternative Approach is a Non-Conventional approach that is built upon moral, ethical and sustainable doctrine of business and premised on the principle of the welfare of all sections of society. All the activities those are unfair, unethical, and exploitative in nature for poor and underprivileged are prohibited under this approach. The main component of conventional approach is interest whereas the non-conventional approach is based on interest free concept and, profit and loss sharing practices in the proportionate way among respective stakeholder. Latter approach therefore would be a solution for draconian impact of former approach, especially, with regard to deprived and weaker sections of society.

Citations

Copy and paste a formatted citation or use one of the links to import into a bibliography manager and reference.

IJARIIE Dr. Mushthaq Ahammed K. "Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector" International Journal Of Advance Research And Innovative Ideas In Education Volume 3 Issue 4 2017 Page 24-31
MLA Dr. Mushthaq Ahammed K. "Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector." International Journal Of Advance Research And Innovative Ideas In Education 3.4(2017) : 24-31.
APA Dr. Mushthaq Ahammed K. (2017). Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector. International Journal Of Advance Research And Innovative Ideas In Education, 3(4), 24-31.
Chicago Dr. Mushthaq Ahammed K. "Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector." International Journal Of Advance Research And Innovative Ideas In Education 3, no. 4 (2017) : 24-31.
Oxford Dr. Mushthaq Ahammed K. 'Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector', International Journal Of Advance Research And Innovative Ideas In Education, vol. 3, no. 4, 2017, p. 24-31. Available from IJARIIE, http://ijariie.com/AdminUploadPdf/Sharia_Based_Microfinance__A_Non_Conventional_Approach_to_Empower_Indian_MSME_Sector_ijariie5838.pdf (Accessed : 04 July 2017).
Harvard Dr. Mushthaq Ahammed K. (2017) 'Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector', International Journal Of Advance Research And Innovative Ideas In Education, 3(4), pp. 24-31IJARIIE [Online]. Available at: http://ijariie.com/AdminUploadPdf/Sharia_Based_Microfinance__A_Non_Conventional_Approach_to_Empower_Indian_MSME_Sector_ijariie5838.pdf (Accessed : 04 July 2017)
IEEE Dr. Mushthaq Ahammed K, "Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector," International Journal Of Advance Research And Innovative Ideas In Education, vol. 3, no. 4, pp. 24-31, Jul-Aug 2017. [Online]. Available: http://ijariie.com/AdminUploadPdf/Sharia_Based_Microfinance__A_Non_Conventional_Approach_to_Empower_Indian_MSME_Sector_ijariie5838.pdf [Accessed : 04 July 2017].
Turabian Dr. Mushthaq Ahammed K. "Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 3 number 4 (04 July 2017).
Vancouver Dr. Mushthaq Ahammed K. Sharia Based Microfinance: A Non-Conventional Approach to Empower Indian MSME Sector. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2017 [Cited : 04 July 2017]; 3(4) : 24-31. Available from: http://ijariie.com/AdminUploadPdf/Sharia_Based_Microfinance__A_Non_Conventional_Approach_to_Empower_Indian_MSME_Sector_ijariie5838.pdf
BibTex EndNote RefMan RefWorks

Number Of Downloads


Last download on 7/4/2017 11:08:16 PM

Save in Google Drive

Similar-Paper

TitleArea of ResearchAuther NameAction
A Study on How Emotions Influence Investment DecisionsBehaviour financeR Roshan Gulecha Download
THE IMPACT OF E-INVOICING ON COMPLIANCE AND FINANCIAL REPORTING – A CASE STUDY AT GENPACT MADURAIFinanceKARTHIGAI RAJAN S Download
Financial Resilience and Household Finance Practices among Low-Income Families: Exploring Pyscho-Socio-Economic InfluencesFinance, Business AdministrationAiah Jane Daano Corminal Download
Secure Financial Transactions in Cloud Banking with Blockchain and Homomorphic EncryptionFinancialSubramanyam Boyapati Download
Financial Intermediation and Capital Formation in NigeriaEconomics and Finance Sandra Chisor-Wabali Download
Smart Automated Plant Watering System Using IoT TechnologySmart Agriculture Internet Of Things (IOT), Environment monitoring Sulakshana Chakma Download
FINANCIAL RECITATION OF TOP 5 FMGC COMPANIES IN INDIACommerce - FinanceDr. A Y Kettiramalingam Download
“Investing in a Digital Era: Retail Investors’ Evolving Risk-Return Strategies in India’s Capital Market”FinanceArshdeep Singh Download
‘INDIA TAXES’- A NARRATIVE REVIEW.CommerceMr. Y. Sri Rama Subba Reddy Download
THE ILLUSION OF WEALTH CREATION: RISKS IN INDIAN REAL ESTATE INVESTMENTS AND DIVERSIFICATION THROUGH BONDS AND MUTUAL FUNDSFinanceRakshani V V Download
A STUDY ON FINANCIAL PERFORMANCE OF PRIVATE CASTING. LTD USING RATIO ANALYSISmanagementSubha shri k Download
A OVERVIEW OF AGRICULTURAL FINANCE IN INDIACOMMERECEDr. Umesh Gupta Download
Using Technological Acceptance Model to Measure the intention of Micro Enterprises to accept eNaira in Jigawa State, NigeriaManagement SciencesMansur Ahmed Kazaure Download
TRANSPARENCY AND EFFECTIVENESS GUARANTEE OF THE ADMINISTRATIVE PUBLIC ESTABLISHMENT MANAGEMENT IN MADAGASCARManagementRAHARIDERA Ndrosoniaina Download
Valuation Analysis of IPO’s- Evidences from the Chartbuster Year of the DecadeFinanceDr. Maninder Kaur Walia Download
12