A Proposal for the Development of a Micro-Financing Strategy for Egypt Which Is Compliant with Islamic Laws

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Egypt is a poor nation, which may benefit significantly from an expansion of micro-financing provision. The writer examines the way in which Islamic micro-financing may be developed and utilized in the country. The paper starts by examining the concept of micro-financing, and the requirements which would be necessary to satisfy Shariah law. The writer then undertakes an assessment of micro-financing strategies in Jordan then examined in order to identify transferable lessons. The paper ends with a proposal for an implementation strategy. Twenty four sources are cited in the bibliography of this 27 page paper.