Suchergebnisse

The Quran prohibits interest and encourages trade and charity as alternates. This article seeks guidance from the verses of the Quran and develops a theoretical model of charity-based Islamic microfinance institutions (MFIs), which can be used as an alternative approach to reduce poverty. The article argues that charity-based Islamic MFIs will be financially and socially sustainable as these are to be based on the concepts of brotherhood, local philanthropy, and volunteer services. Charity-based Islamic MFIs will provide money for consumption as well as production purposes and, thus, can broadly target the economic and social needs of the poorest of the poor. They can help minimize indebtedness and reduce unequal distribution of wealth in society.

This article explores the causes of the United Nations' inertia in dealing with the Rohingya crisis since its beginning in August 2017. Here we argue that the United Nations' inherent structural weaknesses contribute to its indecisiveness in taking any effective and timely measures when faced with a humanitarian crisis. We further argue that weaknesses of the United Nations have their origins in the creation of the organization and its sole dependency on the decisions of the five permanent members of the Security Council for any intervention in humanitarian crises. In the conclusion, we consider the prospect of the General Assembly in light of the globally recognized Responsibility to Protect (R2P) doctrine as an alternative to resolve this inherent weakness and the obstacles to taking effective and timely measures in dealing with Rohingya-like situations.