TY  - JOUR
TT  - A NEW DIMENSION OF ISLAMIC MICROFINANCE REVOLUTION IN BANGLADESH: A CASE STUDY OF RDS
AU  - Uddin, A. H. M. Ershad
PY  - 2017
DA  - October
JF  - Türk Sosyal Bilimler Araştırmaları Dergisi
JO  - JTSSR
PB  - Hasan Kalyoncu Üniversitesi
WT  - DergiPark
SN  - 2548-009X
SP  - 26
EP  - 39
VL  - 2
IS  - 2
KW  - Bangladeş
KW  - kırsal kalkınma projesi
KW  - banka
KW  - İslam
N2  - Anideal kind of financing under the observation of a growing lender-borrowernetwork between banks and the rural based micro entrepreneurs, which are theformulated characteristics of interest free microfinance. Islamic BankBangladesh Limited (IBBL) is one of the fastest growing private banks ofBangladesh. To improve socio-economic state of Bangladesh, specially, the livesof the minor and hardworking people, therefore, the Rural Development Scheme(RDS) of IBBL has been initiated in 1995. And the main clients of this projectare women who have been estimated to be about 85% approximately. This paperaims at poverty minimization and a hand–out help for suggestions tore-construct the Rural Development Scheme (RDS) through microfinance, so that,it can reach the ones in need. There are surplus number of institutions thathave this Islamic microfinance service in Bangladesh but it is not mentionedhere except for RDS and its activities are enumerated. A number of conventionalMFIs are present in Bangladesh which work based on interest, those which didnot measurably promote the status of poverty-stricken people over the years.The concern of this paper is to deduct poverty along with, to overcome thechallenges of RDS and open opportunities of employment as a step towardspoverty minimization. Though this research is analytic and descriptive yet itfollows a comparative methodology in scrutinizing conventional microfinanceinstitutions.
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