Islamic Microfinance and Takaful: Linking Financial Inclusion
A mechanism rooted in Islamic principles, Islamic microfinance aims to provide financial assistance to those excluded from traditional banking systems. Coupled with micro Takaful, which shares risks, this system offers protection for disadvantaged individuals and micro-enterprises. By managing risks effectively, Islamic microfinance can thrive and further penetrate the market. This vital link ensures the good functioning of the Islamic financial system, benefiting both microfinance institutions and their beneficiaries. Presented by Dame MBAYE, delve into the world of Islamic microfinance and explore its crucial role in promoting financial inclusion.
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