Unique Features of Islamic Microfinance Include All the Following EXCEPT

question 35

Multiple Choice

Unique features of Islamic microfinance include all the following EXCEPT:

• A) equal opportunity, entrepreneurship, risk sharing and participation of the low income individuals
• B) interest-free micro-credit schemes where equity financing or debt financing modes are used
• C) excluding the poor from the participation in the housing market
• D) kind treatment of poor borrowers and in some cases debt cancellation

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Definitions:

Experiential Forms

Methods or approaches that focus on learning through experience, often involving direct engagement and participation rather than theoretical study.

Behavioural Modelling

Involves using various models to predict or understand human behavior in different environments or situations.

Information Giving

The process of disseminating information to individuals or groups, often an essential component of communication within and outside an organization.

Relationship Competencies

The skills and abilities relevant to building, maintaining, and effectively managing interpersonal relationships.