ISLAMIC MICROFINANCE

ISLAMIC MICROFINANCE

HALAL MICROFINANCE ISLAMIC MIRCOCREDIT

Islamic microfinance is defined by a halal mini-loan solution initiated by a Muslim financing organization dedicated to a micro-entrepreneur who respects the principles of Islamic Sharia.

Islamic microfinance has the purpose to help members of the Muslim community to get out of their financial and social precariousness by providing them with a halal mini-loan to run their micro business.

An Islamic microcredit consists on small halal financing which allows a Muslim borrower in a difficult financial situation to obtain funding for his micro-business according to the principles of Islamic finance.

Halal microfinance covers funding of mini projects proposed by Muslim entrepreneurs when they act in an ethical environment and the project respects the framework of Islamic sharia.