PROJECTS
Consulting Services for the Preparation of Islamic Microfinance Toolkit (IMT)
Consulting Services for the Preparation of Islamic Microfinance Toolkit (IMT)
Client: Islamic Development Bank, Jeddah, Saudi Arabia
The IMT will serve as benchmark guidance for conventional microfinance institutions to take the necessary steps to introduce Shariah-compliant microfinancing products and/or completely transform their operations into Shariah-compliant operations. The toolkits will also provide guidance to the existing Islamic microfinance institutions in order to enhance their current product ranges while improving efficiency as well as compliance with Shariah standards through customized MIS and M&E system. IMT will enhance the capacity of governmental and non-governmental entities to promote consumer empowerment with a view to achieving financial inclusion through women and youth employment. The various books and training materials to be developed under the project consist of:
- Islamic Microfinance
- Setting up a new Islamic Microfinance Company
- Value Chain for Islamic Microfinance
- Monitoring and Evaluation of Islamic Microfinance Institutions
- Islamic Microfinance Model Regulations and Supervisory Guidelines