Monday, September 10, 2012
Prof Humayun Talk on Islamic Microfinance
The Accounting Research Institute (ARI) thanks Professor Humayun Dar for dropping by at ARI and delivered a speech on "Islamic Microfinance" to our Islamic Finance research cluster members. Professor Dar is an expert in Islamic microfinance and has initiatiated several microfinance-based enterpreneurship programs in developing countries. In his talk,Prof Dar shared his involvement in microfinance. One of the projects in Pakistan has successfully produced businesses dealing with staple foods - potato and corns. Supported by IDB, enterpreneurs initiatited their businesses on "special made" motor cycles and they move around towns to sell their products. For ARI, one of its Phase 2 projects is on Islamic Micro Financing, which introduces the element of a supply chain within a total value creation framework. Certainly, Prof Dar's suggestion would give an additional dimension to ARI's research niche in Islamic Financial Criminology. (Note: Prof Humayun Dar is the gentleman wearing grey suit and red tie).