The Effectiveness of Islamic Microfinance for Solving the Problems of Unemployment, Poverty, and Poor Standard of Living

The objective of this study is to examine the effectiveness of Islamic microfinance in solving the problems of unemployment, poverty., and poor standard of living in Muslim countries. The study aims at assessing the impact of Islamic microfinance on women's employment and evaluating its contribution to social and economic empowerment as well as providing recommendations for addressing the overall challenges for unemployment., poverty., and poor standard of living. The methodology involves a systematic review of the literature as well as analysing current studies., reports., and case studies related to Islamic microfinance and employment for women. Quantitative data analysis will be employed to measure the employment outcomes of women participation in Islamic microfinance programs. The findings show that., in addition to facilitating access to funding and the provision of financial products., Islamic microfinance positively impacts on creating employment opportunities for women. The creation of self-employment opportunities and the enhancement of women's economic wellbeing are contributing to social and economic entrepreneurship. The research suggests that the Islamic Microfinance provides funds and supports and thus positively contributes by strengthening collaboration., promoting financial literacy., and entrepreneurship training as well as provides improved market access. This study reveals the uniqueness of Islamic microfinance's positive impact on women's employment and inclusive development in Muslim countries.