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Scripps Senior Theses

2016

Microfinance

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Akhuwat: Potential For A Sustainable Islamic Interest Free Microfinance Model, Juliana S. Beall Jan 2016

Akhuwat: Potential For A Sustainable Islamic Interest Free Microfinance Model, Juliana S. Beall

Scripps Senior Theses

This study will examine if Akhuwat provides a sustainable Islamic interest-free Microfinance model for potential poverty alleviation. This question is particularly complicated for an organization that relies so heavily on subsidies. Theoretical debates of sustainability and the recognition of donations, cross-market comparisons, and data from audit reports will validate Akhuwat’s potential for long term sustainability. Analysis also highlights the discrepancies that plague this opaque industry.