A Critical Analysis of Poverty Alleviation Strategies of Al-Hayat Relief Foundation in Nigeria

Authors

  • Razaq Idowu Adepoju Department of Religious Studies, Tai Solarin University of Education, Ijagun, Nigeria
  • Oyekolade Sodiq Oyesanya Department of Religious Studies, Tai Solarin University of Education, Ijagun, Nigeria

Abstract

Poverty is a global phenomenon that is dynamic, complex and multi-dimensional. It remains a major factor in human history. In recent years, however, international consensus has tended to focus development goals on poverty alleviation. Three actors, therefore, have been identified in the existing literature as agents for poverty reduction, the bilateral or multilateral corporations, the governments and the non-governmental organisations (NGOs). However, studies have shown that the roles of the third group are remarkable in the poverty alleviation agenda the world over. The non-governmental organisations are capable of introducing participatory development opportunities for grassroots people or poor communities. Using observational technique, interview and content analysis,this paper is aimed at presenting a critical analysis of poverty alleviation strategies of Al-Hayat Relief Foundation, with a view to establishing a framework for the Muslim communities in Nigeria in their quest for poverty reduction. The Foundation is one of the non-governmental organisations providing non-interest microfinance credit facilities for Muslims in Southwestern Nigeria.

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Published

2014-11-30

How to Cite

Adepoju, R. I., & Oyesanya, O. S. (2014). A Critical Analysis of Poverty Alleviation Strategies of Al-Hayat Relief Foundation in Nigeria. Journal of Islamic Finance, 3(2), 49–59. Retrieved from https://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/48

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