Role of Islamic NGOs in Poverty Alleviation of Bangladesh: An Empirical Analysis

Using a purposive sample of 1000 credit recipients, this study evaluates the influence of Islamic microfinance provided by six Islamic non-governmental organizations (NGO) on poverty alleviation in Bangladesh. In addition to borrower's subjective great change in poverty status, this research produced an additional measure changing poverty based on changes in household’s assets and education. According to different level logistic regression studies, the amount of credit, various Islamic NGOs, satisfaction level, and accepting PLS based loan as the main way of asset transformation were the variables of change in poor situation. Further research is needed to discover the sources of such heterogeneity in order to optimize the benefits of Islamic microfinance