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11th Global Islamic Microfinance Forum Successfully Concluded in Dubai – United Arab Emirates

11th Global Islamic Microfinance Forum was successfully concluded at Metropolitan Hotel Dubai, UAE under the patronage of AAOIFI Bahrain. The purpose of that forum was to promote, strengthen and unite the organizations of Islamic microfinance (IsMF) with the theme of financial Inclusion, outreach strategies & innovations. Eminent Speakers and industry professionals from ....

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Microfinance sector recoveries stall | The Express Tribune


Microfinance sector recoveries stall
LAHORE:
The microfinance sector of Pakistan is currently undergoing a recovery from the dent endured during the Covid-19 lockdown. The sector, which had posted a steady growth over the past few years, recorded a decline in 2020.
The Covid-19 pandemic was the primary reason behind the downturn because business activities came to a standstill in the first couple of months following the virus outbreak in the country.
Industry experts claim that the sector is currently in hot water as a majority of borrowers have not been able to repay loans due to little or no functioning of their businesses. ....

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