Payame Noor University Economic Growth and Development Research 2228-5954 2 5 2012 02 20 Waqf as a Source for Islamic Micro Finance: Presenting a Model for Establishment of Waqf-based Micro Finance Institutions in Iran Waqf as a Source for Islamic Micro Finance: Presenting a Model for Establishment of Waqf-based Micro Finance Institutions in Iran 130 91 83 FA Gholamreza Mesbahi Moghadam Hossein Meisami Mohsen Abdollahi Mehdi Ghaemi Asl Journal Article 2011 06 16 Introducing Waqf as an Islamic economic institution, this paper proposes a native model for the establishment of micro finance institutes in Iran and highlights the financing sources and allocation ways for them. In addition, it examines the Fiqh economic establishment possibility of such institutions in the country. After all, the characteristics and potencies of such Islamic micro finance institutions are evaluated and some lights are shed on the probable challenges they might face and solutions are looked for these challenges. The findings of this study, which are based upon theoretical analyses, show that the institution of Waqf in Islamic economic system has the Fiqh economic potential to be used as a financial source for Islamic micro finance institutions Introducing Waqf as an Islamic economic institution, this paper proposes a native model for the establishment of micro finance institutes in Iran and highlights the financing sources and allocation ways for them. In addition, it examines the Fiqh economic establishment possibility of such institutions in the country. After all, the characteristics and potencies of such Islamic micro finance institutions are evaluated and some lights are shed on the probable challenges they might face and solutions are looked for these challenges. The findings of this study, which are based upon theoretical analyses, show that the institution of Waqf in Islamic economic system has the Fiqh economic potential to be used as a financial source for Islamic micro finance institutions https://egdr.journals.pnu.ac.ir/article_83_acb1c47d4487a825ac2b89bcb408184b.pdf