Browsing by Author "Zubair Mughal, Muhammad"

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    Impact assessment and future potential of Islamic microfinance
    (University of Management and Technology, 2014) Zubair Mughal, Muhammad
    Initially microfinance was introduced for the first time in 1970s and now, actually, Islamic microfinance has been proved as successful poverty alleviation tool. The purpose of this descriptive study is to evaluate the Islamic microfinance impact on poverty alleviation in Pakistan and Yemen. This research project was designed to study Islamic microfinance institutions and the impact of the Islamic Microfinance on their IMF clients in Pakistan and Yemen. Surveys (Structured Questionnaires), Focus Group Discussions (FGDs) and Interviews were conducted for data collection. Data source was primary and collected through structured questionnaires from Islamic Microfinance beneficiaries/ clients of Islamic Microfinance institutions in Pakistan and Yemen. The sample selection technique was non probability and convenience based. The variables were Living Standard of Islamic Microfinance clients, Income Level, Health conditions, availability of Islamic Microfinance, Islamic Microfinance innovative products and level of knowledge. The approach of this research study was mixed and I relied on both quantitative and qualitative data. In this descriptive research study I found that Islamic microfinance had positive impact on its beneficiaries in both the countries of this research study and future potential to address the poverty problems. I, on the basis of this research study, am confident in saying that the Islamic Microfinance product line needs to be innovative to benefit more untapped and potential clients of Islamic Microfinance in financially excluded segments of these countries for ultimate poverty alleviation and generation of economic activities. Finally, it is explicitly stated that this research work is as original as done by the candidate solely which was not utilized for any other academic title/ degree and would be a good contribution to research studies in Islamic Microfinance industry and may identify the future areas of research for Islamic microfinance researchers.