Merits of Islamic Micro-Credit
• A valuable and desirable loan that will help the poor to meet their needs
• An efficient method based on religious teachings
• Financial problems of the needy can be tackled without being concerned about the spirit of laziness and idleness because users have to repay
• One of the instances of retail banking
• A means to create jobs
• Prosperity of small businesses
• Having attraction for participants, because of its compliant with people religious beliefs.
• Can be used for financing all sorts of consumption, production, and service activities.