It is an established fact that poor people need variety of services to fulfill their economic needs. Microfinance products need to be “localized” for better acceptance in local community. Keeping this in view we can analyze that Islamic Microfinance Institution will be able to offer its customers a variety of products based on their business and financial needs. Below we can present a list of available such products however list is neither exhaustive nor without limitations.
Islamic Finance Products | ||
Financing Products |
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Participatory Financing | Trade Based Financing | Debt Based Financing |
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1. Ijara Wa Iqtina
2. Murabaha 3. Musawama 4. Istijrar 5. Salam/Paralell Salam 6. Istisna/Parallel Istisna |
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Deposit Products | ||
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Insurance Products | ||
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