Islamic Microfinance: Products

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

Participatory Financing Trade Based Financing Debt Based Financing
  • Mudaraba
    1. Musharaka
  • Diminishing Musharaka
1.      Ijara Wa Iqtina

2.      Murabaha

3.      Musawama

4.      Istijrar

5.      Salam/Paralell Salam

6.     Istisna/Parallel Istisna

  1. Qard/Loan
Deposit Products
  • Current Accounts
  • Savings Accounts
  • Term Deposits
Insurance Products
  • Micro Takaful