TY - JOUR
T1 - ASSESSING THE VIABILITY OF MUZA’RAH AGRO FINANCING AS A SUSTAINABLE SOLUTION FOR SMALL-SCALE FARMERS
T2 - A CASE STUDY FROM PAKISTAN
AU - Hamza, Sahibzada Muhammad
AU - Shirazi, Nasim Shah
N1 - Publisher Copyright:
© 2024 Bank Indonesia Institute. All rights reserved.
PY - 2024/5/31
Y1 - 2024/5/31
N2 - The interplay between the Muza’rah (Sharecropper) agro-financing structure and its impact on rural income and rural poverty alleviation constitutes a multifaceted phenomenon. In this study, we seek to understand of the relation between Muza’rah agro-financing structure and rural income and the mediating role of national agricultural output for the case of Pakistan, a predominantly Muslim country characterized by a well-established Islamic banking and finance infrastructure. Using data from the Pakistan Social and Living Standard Survey (PSLM), the research reveals that the rural per capita income is significantly and negatively related to the Muza’rah agro-financing structure, which is further strengthened by the level of the national agricultural output. The finding underscores the importance of nuanced understanding for policymakers and practitioners engaged in poverty alleviation efforts, emphasizing the need to consider contextual variables and a nation’s developmental status when designing interventions to improve rural livelihoods.
AB - The interplay between the Muza’rah (Sharecropper) agro-financing structure and its impact on rural income and rural poverty alleviation constitutes a multifaceted phenomenon. In this study, we seek to understand of the relation between Muza’rah agro-financing structure and rural income and the mediating role of national agricultural output for the case of Pakistan, a predominantly Muslim country characterized by a well-established Islamic banking and finance infrastructure. Using data from the Pakistan Social and Living Standard Survey (PSLM), the research reveals that the rural per capita income is significantly and negatively related to the Muza’rah agro-financing structure, which is further strengthened by the level of the national agricultural output. The finding underscores the importance of nuanced understanding for policymakers and practitioners engaged in poverty alleviation efforts, emphasizing the need to consider contextual variables and a nation’s developmental status when designing interventions to improve rural livelihoods.
KW - Muza’rah agro financing
KW - National agriculture output
KW - Rural poverty
UR - http://www.scopus.com/inward/record.url?scp=85197595848&partnerID=8YFLogxK
U2 - 10.21098/jimf.v10i2.1729
DO - 10.21098/jimf.v10i2.1729
M3 - Article
AN - SCOPUS:85197595848
SN - 2460-6146
VL - 10
SP - 277
EP - 300
JO - Journal of Islamic Monetary Economics and Finance
JF - Journal of Islamic Monetary Economics and Finance
IS - 2
ER -