This research's focus is specified to the interlinkages between three concepts, i.e. social cohesion, women's economic empowerment, and mudharabah investments. Instead of microfinancing, this paper explores the possibility of utilizing mudharabah as a tool in uplifting vulnerable societies, especially women and promote social cohesion in the surrounding community. We explore the importance and value that empowering women economically can bring to improving society's cohesiveness and whether mudharabah can be used to achieve this. A case study method was used to highlight existing models used by NGOs to assist vulnerable women. However, existing models are limited to the funds available in the organization and turn; this restricts the aid that the NGO can give out. A mudharabah model would help NGOs outsource funding to individuals and institutions who can contribute capital to women and uplift them from their current economic condition. This paper proposes a two-tier mudharabah structure as an alternative financing model that can be used as a conduit for circulation and distribution of wealth in a society. This structure is financially viable and limits the capital providers' losses to the amount of their contribution.

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Economic Development: Some Strategic Issues

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Mudharabah As A Conduit For Social Cohesion Among Vulnerable Women

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