Islamic Microfinance

The key question: Grameen model (interest based provision of finance for the poor) has been pushed as an excellent way to attack poverty -- Nobel Prize awarded, lots of research praising the work done, etc.

AT THE SAME TIME: lots of research indicates that this is a way of exploiting the poor instead of relieving poverty. This research should be used by those who wish to work on an Islamic alternative, which is NON-interest based provision of money to the poor. See notes by Mubashir Mukhtar, who has also done a M.Sc. Thesis on the topic.

His website contains a lot of relevant material: Microfinance Website