Islamic Microfinance Industry in Yemen “Challenges and Opportunities”

Abstract

The purpose of the study is to theoretically review the Islamic micro finance industry in Yemen and to identify the challenges and opportunities for this industry. The data collected is entirely based on secondary data collected from various sources such as books, websites, official reports and others. The study covered the period from 1997 to 2013. The study revealed that there is a promising demand for Islamic microfinance and at the same time there are some challenges facing its growth and development. The researcher finally concluded the study by providing some valuable suggestions that might help in progressing of the industry.