Islamic Microfinance System and Poverty Alleviation in Somaliland

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  • Topic: Poverty, Poverty threshold, Poverty reduction
  • Pages : 80 (24495 words )
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  • Published : September 18, 2012
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University of Hargeisa Faculty of Business Administration
BBA Research Paper
ISLAMIC MICROFINANCE SYSTEM AND POVERTY ALLEVIATION IN SOMALILAND

Advisor: Mr. Abdifatah Mohamed Abdirahman Candidate: AbdiQadir Mohamoud Yonis (Buureed)

Copyright © 2012 AbdiQadir Buureed

ISLAMIC MICROFINANCE SYSTEM AND POVERTY ALLEVIATION IN SOMALILAND

A RESEARCH PAPER SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE ACADEMIC AWARD OF THE DEGREE OF BACHELOR OF BUSINESS ADMINISTRATION IN ACCOUNTING

Submitted By: AbdiQadir Mohamoud Yonis (Buureed) (BA-2257)

Advisor: Mr. Abdifatah Mohamed Abdirahman

June, 2012 Hargeisa

DECLARATION I hereby declare that this research paper and its findings are my original work and a result of my efforts, except where explicitly specified and appropriate referencing has been made when citation of other people’s work has been done. I further declare that this paper has not been submitted for an academic award or qualification in any other university or institution.

Name: ……………………………………………...……………...... Signature: …………………… Date: …………………………

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STATEMENT OF APPROVAL This is to certify that this research paper entitled “Islamic Microfinance System and Poverty Alleviation in Somaliland” has been done under my supervision and has been submitted to the faculty for examination with my approval as the candidate’s advisor.

Advisor: ……………………………………………...…………….... Signature: ……………………. Date: ………………………….

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DEDICATION I am passionately dedicating this work to my parents who have been the source of my strength to continue with my further studies, encouraged me to work hard without tiredness to complete my study in a successful manner and for the support they did for me to achieve this level of academic endeavor and the support and guidance throughout my life. You really played a great role to enable me reach this far. May Allah, the Almighty grant you more happiness.

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ACKNOWLEDGEMENTS All praises and thanks are due to Allah (SWT), the creator, exalted, sustainer, and the most merciful, who gave me the courage, endurance, willingness and ability to complete this paper successfully. First of all I would like to express my appreciation, thanks and extend my indebted gratitude to my genuine advisor, Mr. Abdifatah Mohamed Abdirahman, without his valuable and constructive advice, patience, and rich contribution, this paper would not have succeeded. He encouraged the development of this paper from the beginning and suggested throughout for improvement. Therefore, this paper is the result of two persons. I want to thank him for his guidance not only for this paper but also for my future life. I am particularly gratifying to and my special thanks are reserved for my best friend Mr. Abdirahman Ahmed Adan Shire who took time from his busy schedule to go through and edit my research work and for his continuous support in the preparation of this paper, for that I shall remain eternally grateful to him. Your passionate co-working will ever be remembered. Thank you friend, a friend in need is a friend indeed. My warmest appreciation goes to my beloved family, my dad Mohamoud Buureed Yusuf, my mom Sahra Mohamoud Ahmed, my sister Saynab, and my two brothers Ahmed and Mohamed-Saeed. I fully acknowledge their patience, understanding and ceaseless support, because they put up with my absence and seeming lack of due attention during the writing of this research paper. I heartily thank you and will nevernever forget your contribution as far as I am alive. I wish you long life and paradise. My most passionate gratitude goes to my uncle Mr. Mawliid Mohamoud Ahmed for his helpfulness, outstanding care and precious guidance, and had confidence in me when I doubted myself. Your sacrifice will ever be remembered. A milestone and special thanks goes to Mr. Hassan Abdirahman Haji Adam who was available to give a hand to me, very committed to helping me complete the writing of this paper and for...
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