5. Islamic Microfinance

This chapter provides a comprehensive exploration of Islamic Microfinance, offering readers a nuanced understanding of its key aspects. The chapter begins with an insightful overview of Islamic Microfinance, emphasizing its distinctive features compared to conventional microfinance models. A detailed examination of the legal framework for Islamic Microfinance in Malaysia enhances the reader’s comprehension of the regulatory landscape. Real-world case studies enrich the discussion, showcasing practical applications and outcomes. The chapter concludes by addressing the pertinent issues and challenges faced by Islamic Microfinance, providing a well-rounded perspective on this vital component of Islamic Social Finance.