Pragmatism in Financial Inclusion

This publication examines the principles and theoretical frameworks of interest-free microfinance within Western contexts without religious affiliations. Employing a pragmatic research methodology it seeks to tackle the challenges and misconceptions that hinder engagement and knowledge exchange between interest-free and interest-based microfinance systems. The book proposes a novel all-encompassing theory aimed at guiding research informing policy discussions and providing practical insights. Its intended audience encompasses non-Islamic nations microfinance institutions investors policymakers philanthropists international organizations development partners civil society groups and academics in the fields of economics banking and finance.