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Islamic Microfinance Credit for Women Entrepreneurship Development and its Obstacles in Pakistan

Author

Listed:
  • Nazima Ellahi

    (Assistant Professor,Department of Business & Technology, Foundation University Islamabad, Pakistan.)

  • Muhammad Awais

    (Assistant Professor,Department of Business Administration, Foundation University Islamabad, Pakistan.)

  • Asif Raza

    (Head of Business Operations,Digital Product Limited (DPL),Islamabad, Pakistan.)

Abstract

Women entrepreneurs suffer from various obstacles, such as gender gap or discrimination, few years of business experience and limited access to financing. The first part of this study explains the theoretical base of the Islamic microfinance, going through religious and ethical principles and financial contracts related to these principles. By using these theoretical aspects, the present study tried to evidence the main reasons for the “feminization of microfinance†in Pakistan. This study tries to answers, why, Islamic microfinance is an answer to improvement in women entrepreneurship. The second part of this study highlights social and environmental factors acting as a hindrance to female-entrepreneurship development. The primary data set is collected through field surveys from major administrative units of Pakistan to make sample more representative of Pakistan, where major Islamic micro-financing institutions are in operation.

Suggested Citation

  • Nazima Ellahi & Muhammad Awais & Asif Raza, 2018. "Islamic Microfinance Credit for Women Entrepreneurship Development and its Obstacles in Pakistan," Global Economics Review, Humanity Only, vol. 3(2), pages 76-84, December.
    • Handle: RePEc:aaw:journl:v:3:y:2018:i:2:p:76-84
    DOI: 10.31703/ger.2018(III-II).08
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    References listed on IDEAS

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    1. Nadeem Ul Haque, 2007. "Entrepreneurship in Pakistan," Microeconomics Working Papers 22190, East Asian Bureau of Economic Research.
    2. Nadeem Ul Haque, 2007. "Entrepreneurship in Pakistan," PIDE-Working Papers 2007:29, Pakistan Institute of Development Economics.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Women Entrepreneurship; Islamic Microfinance Credit; Obstacles to growth.;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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