Pakistan leads in Islamic microfinance
2/13/2012 9:49:47 AM
MANILA: Pakistan has been acknowledged as a leader ofIslamic microfinance with more than 20 institutions providing microfinance services.
In an international summit on Islamic microfinance in Istanbul, AlHuda Centre of Islamic Banking and Economics chief executive officer Muhammad Zubair Mughal said that conventional microfinance has badly failed and its examples can be clearly seen in India and Latin America.
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