LAHORE - In Europe 80% of the people which account for 17% of the whole European population, are living below the poverty line of European countries which is increasing in consequences of current European financial crisis and unemployment, while the major portion of European poverty prevails in eastern European countries i.e. Romania, Armenia, Albania, Bulgaria and Greece where more than 20% people are suffering from poverty which is unfavorably increasing where such indicators are proving that the poverty has not only been the critical issue of Africa, Latin America or South Asia rather the European countries are also being affected by it adversely whilst this issue can be addressed through introducing Islamic microfinance in Europe, said by Zubair Mughal, Chief Executive officer- AlHuda Centre of Islamic Banking and Economics (CIBE) while addressing to the 10th Global Microfinance Forum.