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Faith and Finance: The director of an Islamic microfinance institution discusses the challenges of mixing business and religion
In Kyrgyzstan, over 85 percent of citizens are followers of Islam, and many seek to run Halal businesses. So offering Shari’a compliant financial services just makes sense. But Kompanion Invest, the country’s only Islamic microfinance institution, is facing challenges as it tries to achieve full Shari’a compliance. The company’s director discusses those challenges, and the broader Islamic microfinance sector, in this frank Q&A.
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- Uncategorized
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NexThought Monday: What’s your feedback loop? (Part 1)
With social change organizations desperate to find fitting solutions for the people they are trying to help, it’s curious that they haven’t been able to tap into this methodology. Why can’t social change organizations implement feedback programs that are equally effective? Is it possible to create similar mechanisms that require social change organizations to listen to what communities want—and then act on what they hear?
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- Education