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The role of islamic finance in fighting poverty

Author

Listed:
  • Lynda Ouendi

    (UMMTO - Université Mouloud Mammeri [Tizi Ouzou] = Mouloud Mammeri University of Tizi-Ouzou)

  • Pr Abdelmadjid

    (UMBB - Université M'Hamed Bougara Boumerdes)

Abstract

The study aims to extend and further the current literature related to the inclusion of Islamic finance in the international strategies that have been established against poverty. The study shows that despite the fact that poverty is a worldwide problem, it affects more and more the feminine gender. Besides a number of measures and strategies that might be used to alleviate and fight against poverty, like the steps taken by the World Bank, United Unions, USAID, charities and ONGs; Islamic economic and financial system should be taken into consideration and be increasingly used in poverty alleviation policies and strategies, especially in the Muslim countries.

Suggested Citation

  • Lynda Ouendi & Pr Abdelmadjid, 2018. "The role of islamic finance in fighting poverty," Post-Print hal-03455868, HAL.
    • Handle: RePEc:hal:journl:hal-03455868
    Note: View the original document on HAL open archive server: https://hal.science/hal-03455868
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    File URL: https://hal.science/hal-03455868/document
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    More about this item

    Keywords

    poverty; inequality; Millennium Development Goals; Islamic economic and financial system. JEL Classification:D63 F35 G00 I3 P4;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • G00 - Financial Economics - - General - - - General
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • P4 - Political Economy and Comparative Economic Systems - - Other Economic Systems

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