The two case study on Islamic finance concepts. Problems and prospects of Islamic finance concepts

      Аннотация: From the last two-decade historical analysis of understanding the strategic trends of Islamic banking and financing, it has emerged as a competitive component and comprehensive financial balanced system with a traditional wide market for economic development. In what is written about the Islamic economy, the Islamic economy is termed as a market system and Islamic micro-finance as a small loan. Islamic microfinance offers multiple sources of income through partnership and entrepreneurial commercial activities between financial institutions like banks and clients. Islamic banking, interest rate transactions accepted as haram according to Islam is to ensure the realization of the application of banking operations. Since the 1970s, under different organizational models are presented in the world of microfinance services for the poor. Islamic macro-finance is also one of the important tools for reducing poverty. In terms of products, the global Islamic microfinance market can be segmented into such way as Murabaha, Mudaraba, Musharaka, Takaful and Qard Al Hasan. The research paper aims to investigate and analyses the problems and prospects of Islamic macro-finance.

Ключевые слова: Microfinance, Islamic Microfinance, poverty, Sustainable development goal and Islamic finance