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@article{188980,
        author = {Dr. Mohsin Aziz and Dr. Mohammed Samiuddin Saheem and Dr. Mohammed Atif Irshad Khan},
        title = {Drivers of participation in Gamiya (ROSCA) in the Sultanate of Oman: Identifying Socio-Economic and Cultural Factors},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {7},
        pages = {4266-4271},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=188980},
        abstract = {Rotating Savings and Credit Associations (ROSCAs), locally termed Gamiya, remain a prevalent informal financial system in Oman. Despite the growth of banks and digital financial services, Gamiya continues to offer households a culturally accepted, interest-free mechanism for pooled savings and short-term credit. This study explores the participation motives and socio-economic benefits of participating in ROSCA. Using data from interviews, group activity observations, and secondary sources, the research highlights Gamiya's continued relevance, trust-based structure, and social cohesion role. Findings indicate that the reasons for participation are varied ranging from forced financial discipline to perceived social benefits.},
        keywords = {Gamiya, ROSCA, Socio-Economic and Cultural Drivers, Oman, Social Capital, Savings Groups, Interest Free Loan, Qard al Hasan.},
        month = {December},
        }