Page 21 - IIUM Press Rights Catalogue 2020

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Financial Inclusiveness of the Poor Beyond Microfinance
Abdul Ghafar Ismail & Abdelrahman Elzahi Saaid Ali

ISBN : 978-967-418-399-8
Pages : 410
Price : RM 250.00 / € 100.00
Year : 2018

This book addresses several issues in developing the Islamic
microfinance institutions. The most challenging issues for microfinance
institutions is between exclusion and inclusion. Costumers are
excluded from the main mainstream financial institutions but they are
included in the Islamic microfinance institutions. Islamic microfinance
institutions have potential to grow due to their ability to bring financial
acess to an underserved market and due to the growing size of this
market, the world’s poorest. However, Islamic microfinance institutions
might fail to serve the targeted group. These failures might be due to the following reasons:
many Islamic microfinance institutions never reach either the minimal scale or the efficiency
level necessary to cover cost; many Islamic microfinance institutions face non-supportive
policy frameworks and daunting physical, social and economic challenges; some Islamic
microfinance institutions fail to manage their funds adequately enough to meet future cash
needs and as a result faced liquidity problems; and some Islamic microfinance institutions
had neither the financial management systems nor the skills required to run a successful
operation.

Foundation of Islamic Finance
Muhamad Abduh

ISBN : 978-967-418-415-5
Pages : 203
Price : RM 40.00 € 20.00
Year : 2019 (2nd Reprint)

Foundation of Islamic Finance addresses some important discourses
on Islamic finance such as ethics in Islamic finance, the hukm of
paper money used in the economy, prohibited elements in the Islamic
economy and business and whatnot. Following the course outline/
syllabus of “Foundation of Islamic Finance” which has been taught
in Kulliyah of Economics and Management Sciences of International
Islamic University Malaysia for many years, this book is designed as
a text book that could help lecturers and students to understand the
subject in the most effective way.