'SuduNest' a potential model for financial inclusion
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Islamic social finance (ISF) tools have been instrumental in alleviating poverty as they promote fairness in the distribution of wealth in society. For Malaysia, when effectively mobilised, such instruments are expected to create a significant positive impact on both socio-economic situation and Malaysia's economic growth in general. As an impact-focused technique, community investment through cash Waqf for example, has potential to support those that are less advantaged and provide entrepreneurial assistance through asset purchases and working capital needs. To this end, we present a model of Islamic social finance based on the 'Central Halal Kitchen' concept, using e-hailing delivery solutions for distribution.
Islamic social finance , Financial inclusion , SuduNest , Malaysia
Mahomed, Z., & Jamaluddin, A. N. (2019). 'SuduNest' a potential model for financial inclusion. IF Hub, 3 (September 2019), 24-31.