Posts Tagged ‘Farz Foundation’

Microfinance Focus, Sep 27, 2010: Pakistan’s Islamic microfinance institution, Farz Foundation has laid the foundation stone of its first SME village where it will build 20 homes along with various businesses including tunnel farming, cattle raising, dairy farms etc. The foundation intends to replicate such villages in flood hit areas. Farhat Abbas, the CEO of Farz Foundation said on the occasion, “Building such villages is need ... Full story

Microfinance Focus, Aug 23, 2010: The Islamic microfinance organization of Pakistan, Farz Foundation is carrying out relief efforts in 49 villages of Tehsil Atharah Hazari where about ten thousands houses have been destroyed and around 50 to 70 thousand have been severely affected in the catastrophic floods that  hit the nation this month. The Farz foundation's efforts ... Full story

Microfinance Focus, Aug 10, 2010: Pakistan’s Islamic microfinance organization Farz Foundation has been awarded Shariah Compliance Certificate by Mufti Iftikhar Baig, Advisor Albarka Islamic Bank and Mufti Mahmood, Head of Online Fatawa Program, Jamia Ashrafia Pakistan. They certified that Farz Foundation will practice Murabaha which has been closely examined and all transactions of the organization will be considered correct as per Shariah.    The Farz Foundation is a ... Full story

Microfinance Focus, Aug 4, 2010: The real figures would only emerge when the flood waters recede from the cities and villages of Pakistan, but it is being feared that millions of small and medium businesses have been ruined. This makes the task of microfinance providers all the more important. The overall recession coupled with this destruction will plunge millions more into poverty. Relief efforts are immediately ... Full story

By Farhat Abbas Shah Microfinance Focus, March 1, 2010: Changing economic environment always calls for more innovative response. We, of course, are living in a time where hosts of events have crowded a comparatively short time span, particularly in the world of finance. Despite an incorporated world economy, the tools and methods needed in the so-called third world would definitely be different from those of implied ... Full story