Wasil Foundation: Islamic Financing to Farmers

The Wasil Foundation, Pakistan, was named the winner in the Islamic Microfinance Challenge for providing farmers with Sharia-compliant financing.

The Wasil Foundation, Pakistan, was named the winner in the 2013 Islamic Microfinance Challenge for providing small farmers with Sharia-compliant financing. "To alleviate poverty from the country," said Farida Tariq, Wasil Foundation founder, "we have to focus on the farmers. Some of the farmers are very religious and they will not opt for interest-based lending."

Written and Produced by Jeanette Thomas, 2014

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