The Collaborative Economy ideas are not new in the Arab World. Throughout history, people practiced sharing and collaboration in their day-to-day lifestyle as part of culture and religious beliefs. People shared food, products and homes among many other things. They also invented a number of traditional Collaborative/Sharing initiatives which are still being adopted today.
Jamee’h
An old model of a non-interest crowd-lending. Jamee’h means ‘commit’; small amounts of savings from a number of individuals that are put together and given to one person. The process is then repeated again, usually on a weekly or monthly basis with each member of the group benefiting from the collected amount.