Islamic Saving and Credit Cooperative of Cameroon (ISCCC)

298. Bringing Islamic Microfinance to the Women of Rural Cameroon

Sharia, Islamic law, prohibits usury, the collection and payment of interest, as well as investing in businesses that are considered unlawful. But with some modifications, microfinance can be made Shariah-compliant, opening up access to credit and poverty alleviation services to many Muslims. The department of Noun, in western Cameroon, has a population of 1 million, […]