The problem of inadequate sources of financing agriculture and the scarcity of credit facilities to rural farmers due to interest rate and lack of collateral or guarantor to secure loans lead to many lands becoming fallow especially in dry season. This adversely affects the entire yield in the rural areas in Kano State. This paper assesses the viability of muzara'ah in providing sources of agro-financing and alleviating rural poverty. This study conducted in Kura LGA Kano State, adopted a quantitative survey method, 152 samples out of 250 registered farmers were used, using random sampling, questionnaire for data collection and chi-square test for goodness of fit for analysis. The paper finds the viability of muzara'ah in providing sources of agro-financing very significant as it bridges the gap that exists between the surplus and the deficit landowners where the former offers his surplus land to the latter and employed his labor to till the land and share the yield on a pre-agreed ratio. The paper recommends the proper implementation of muzara'ah to cultivate more lands, generate job creation, increase farmers income earning, and enhance food security which, in turn, alleviates rural poverty.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.