29. Interpret the following table based on chapter Finance TABLE 2: DIFFERENCE BETWEEN ISLAMIC AND CONVENTIONAL MICROFINANCE Items Conventional MFI Islamic MFI External Funds, Saving of External Funds, Saving of Liabilities (Source of Fund) Clients, Islamic Charitable client Sources (Zakar, Wag Asset (Mode of Financing) Interest-Based Islamic Financial Instrument Goods transferred Funds Transfer Cash loan given Deduction at Inception of Part of Funds deducted as No deduction at Inception Contract Inception Target Group Women Family Work incentive of employees Monetary Monetary and Religious Group/center pressure and Group center, Spouse Dealing with default threat Guarantee and Islamic Ethic Social Development Secular, behavioral, ethical and Religious (includes behavior, Program social development ethics and social) Source: Abdelkader & Salem, 2013 29. Interpret the following table based on chapter Finance TABLE 2: DIFFERENCE BETWEEN ISLAMIC AND CONVENTIONAL MICROFINANCE Items Conventional MFI Islamic MFI External Funds, Saving of External Funds, Saving of Liabilities (Source of Fund) Clients, Islamic Charitable client Sources (Zakar, Wag Asset (Mode of Financing) Interest-Based Islamic Financial Instrument Goods transferred Funds Transfer Cash loan given Deduction at Inception of Part of Funds deducted as No deduction at Inception Contract Inception Target Group Women Family Work incentive of employees Monetary Monetary and Religious Group/center pressure and Group center, Spouse Dealing with default threat Guarantee and Islamic Ethic Social Development Secular, behavioral, ethical and Religious (includes behavior, Program social development ethics and social) Source: Abdelkader & Salem, 2013