LAHORE, May 18-(PPI): Al Huda Centre of Islamic Banking &Economics (CIBE) and AKHUWAT are organizing International Conferenceon Islamic Microfinance on June 13, 2011 at Faisal AuditoriumIslamabad wherein delegates from 12 countries will grace theoccasion and 800 participants will attend this mega event. The aimof this conference is to choke out the plan of poverty alleviationon national and international scale to lessen poverty, socialwelfare and to tackle other problems pertaining to it.
Delegates from Malaysia, Yemen, Afghanistan, Indonesia, Mauritiusand other countries are participating in this event who will shedlight on various topics of islamic microfinance i.e. methodology ofpoverty reduction, Zakat, Shariah implications, Dard-e-Hasna, Waqfmodels, latest trends of islamic microfinance, technologicalapplication of poverty alleviation, usage of islamic microfinance innon muslim societies and many other issues that will continue forthree days.
It is noticeable that poverty has risen as one of the mostcrucial problems of the decade hitching fastest development of thecountries on national and international level. It is the root causeof many social crimes like terrorism and social instability andpoors are confronting problems as education, health, wages, food andsocial conflicts. Islam is the only religion that takes theresponsibility of poverty alleviation as one of its mainobligations. Zakat, Ushar, Waqaf, Fitrana, Qard-e-Hasna, Murabaha,Ijarah, Musharaka etc have the qualities to sustain society from theplague of poverty.
This is the major reason of worldwide recognition of Islamicmicrofinance as a sustainable source of lessening poverty from thesociety. It is a pleasurable factor that more than 20 lakhbeneficiaries are taking the edge of Islamic microfinance worldwide.A mutual note will be issued at the end of the conference that willbe applied to separate Islamic microfinance all over the world. PPI
