<?xml version="1.0" encoding="UTF-8"?><item href="/pre-go-live-resources/_migration/_dev-testing/2026-08-21/magazine/winter-2012/understanding-islamic-economy-and-culture.html" dsn="news"><pubDate/><title>Understanding Islamic Economy and Culture</title><excerpt>Watching teachers in Uzbekistan pool a portion of their small salaries intrigued Sarah Tobin ’98, a Peace Corps volunteer teaching English in a desolate village near Bukhara. The women earned 50 cents a day and put $2 each month into a joint fund paid out to contributors on a rotating basis. “That’s what happens when no formal banking system exists,” Sarah says. “The women keep the cash moving to assist each other with big expenses like weddings. This micro-finance strategy helps people in extreme poverty make ends meet.”</excerpt><author/><image>
            
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        </image><caption/><description>1 Column Content Background Color White Ali...</description></item>