Micro finance is deemed as a pivotal weapon to combat the scourge of poverty and for ensuring empowerment among the poor. The role and impact of micro finance is being discussed and debated globally during the last couple of decades. In this context it will be utmost efficacious to explore the impact and scope of Interest Free Micro Finance (popularly known as Islamic Micro finance).This book is the outcome of an honest effort to explore the dynamics of Interest Free Micro Finance both theoretically and empirically. A separate study of conventional Micro Finance and Interest Free Micro Finance is made. This book is primarily meant for providing a brief picture of interest free micro finance system to the reading community in general and academic community in particular.I crave the indulgence of students, teachers and readers to make suggestions for the improvement of the book which shall be utmost welcome