... people, poverty and income inequality remain an obstinate challenge in India (Avais, 2014). The majority of the people in India have no relationship with the banks. Financial inclusion through cooperative banks is often considered as an effective way for poverty reduction, as access to finance enables...

... and keep an eye on members’ behaviour (Ostrom, 1990, 2000). Finance Tanzania Dar es Salaam Savings groups Village savings and lending association (VSLA) The limited ability of African microfinance institutions to penetrate remote and rural areas has garnered interest of development...

... of religion, science and society. Kantian epistemological reasoning is questioned within this argumentation. The specific case of money, finance and real economy is treated in the context of the epistemology of unity of knowledge contra Kantian problem of heteronomy. Design/methodology/approach...

... Finance Poverty Loans Islamic banking was virtually unknown 30 years ago. Recently, Islamic banks operate in 55 countries with estimated deposits of over $100 billion. There are more than 200 Islamic banking institutions in operation around the world and they are one of the fastest growing...

... with the literature on conventional financial services and products. Findings It was found that while religious conviction is a key factor in the use of Islamic finance, consumers also identify bank reputation, service quality and pricing as being of relevance. When selecting a financial institution's products...

..., and radical structuralist. The paper looks at the current state of mainstream academic finance and notes that it is founded only on the functionalist paradigm. It argues that any view expressed with respect to corporate governance is based on one of the four paradigms or worldviews. It, therefore, discusses...

... structuralist. It looks at the current state of mainstream academic finance and notes that it is founded only on the functionalist paradigm. It argues that any view expressed with respect to the nature of mathematics and its role in sciences is based on one of the four paradigms or worldviews. Findings...

... of God (Tawhid) and to make the groundwork of unity of knowledge in the context of the money, finance and real economy linkages. Design/methodology/approach – The paper combines narrative with argument and analysis. Findings – On the basis of this the structure of the balance sheet of Islamic...

... Limited 2004 From the above two kinds of approaches to preference aggregation we note the following nature of any ethical induction in economic theory. Ethics Economics Economic theory Finance Epistemology Economic policy The question of ethical insensitivity of economic theory has...

...Kavous Ardalan The purpose of this paper is to provide an explanation for the way the reality in the world of finance comes to be formed, among other things, by the theory of finance. It is based on the idea that financial behavior is not independent of the theory of finance. The paper, therefore...

...Kavous Ardalan Finance has begun to utilize clinical approach in its research. The extent of its appropriate use is a serious point for consideration. Any adequate use of a research methodology would highly benefit from a deep understanding of its underlying worldview. This paper, therefore...

... formed by four basic paradigms: functionalist, interpretive, radical humanist, and radical structuralist. It looks at the current state of mainstream academic finance and notes that it is founded on the functionalist paradigm. It argues that any view expressed with respect to the nature and role of money...

...Kavous Ardalan The purpose of this paper is to provide an overview of the paradigmatic context and structure of the current theories and controversies in mainstream academic finance. It identifies the context among paradigms and the structure within the identified paradigm. The paper is based...

...Kavous Ardalan Any adequate analysis of the nature and role of the mathematical language in finance necessarily requires fundamental understanding of the worldviews underlying the views expressed with respect to the nature and role of language. This paper starts with the premise that any worldview...

... with policy instruments, such as, joint ventures, equity participation, profit sharing, trade financing, interest‐free enterprises and cooperative businesses. All of these promote participatory enterprise. Let such an economic policy instrument be denoted by P_E(θ...

...A.H.G.M. Spithoven J. Zijlstra was Dutch Minister of Economics (1952‐1958), Minister of Finance (1959‐1963, 1966‐1967), Prime Minister (1966‐1967), and President of the Central Bank of The Netherlands (1967‐1981). During his terms of office he followed a Keynesian policy that placed...

...Muhammad Ramzan Akhtar Reviews the progress of the institutions relating to financing of the microenterprises. Proposes a participatory financing scheme as an alternative to the interest‐based lending scheme. Highlights the theoretical framework of the scheme and examines its practical performance...

...Rodney Wilson Reports that there are lessons which can be learned from the Western ethical “green” finance industry for Islamic investors. States that these are that the criteria for investment selection are different, and the modes of permissible financing may also differ, but there are screening...

...Abdul Ghafar Ismail; Nor Zakiah Ahmad Reports that poverty alleviation is a particular developmental focus in Malaysian plans. Reveals that for this to be attained microenterprises are encouraged, and that the financing of microenterprises by means of pawnshop loans in small amounts and with low...