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Islamic Microfinance - An incredible tool for poverty alleviation

Centre of Islamic Banking & Economics “Financial Inclusion, FinTech, Outreach Strategies & Innovations� AlHuda Centre of Islamic Banking and Economics (CIBE) is committed to provide specialized Training, Advisory and Research globally with commitment, dedication, and aspiration to establish in the Islamic Banking & Finance industry. Keeping the above vision in mind, AlHuda Centre of Islamic Banking and Economics (CIBE) with its vibrant staff has been working with full dedication since 2006 for strengthening Islamic Financial System. Brands of AlHuda include True Banking, Sukuk, and Centre of Excellence in Islamic Microfinance, Halal Research Council, Takaful Consultancy Wing, Islamic Microfinance News, Halal Newspaper and AlHuda Takaful Management System.

AlHuda CIBE focuses to promote Islamic Microfinance worldwide, in order to alleviate poverty and to sustain the Microfinance institutions. Because of this principal, the recognition of AlHuda CIBE is increasing leaps & bounds. Further details can be tapped on: www.alhudacibe.com


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Islamic Microfinance - An incredible tool for poverty alleviation

Akhuwat Journey of Hope

“To alleviate poverty by empowering socially and economically marginalized families through interest free microfinance and by harnessing entrepreneurial potential, capacity building and social guidance.� There are many people who are financially abused, abandoned and disregarded by the society. Akhuwat is dedicated to improve the lives of these poor people. Keeping the objectives of providing Qard-e-Hasna or interests free Microfinance, social guidance and spirit of brotherhood to the underprivileged people, Akhuwat is trying to enhance their standard of living. It is working hard to alleviate poverty by creating a system based on mutual support in the society. Its philosophy based on the principle of Qard-e-Hasna, has helped many people in need, with an interest- free loan and it has been favored over charity. According to the progress report for the month of June 30, 2017 the total amount disbursed is PKR 63,212,461,837 with a 99.95% recovery rate. For further details: www.akhuwat.org.pk


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Islamic Microfinance - An incredible tool for poverty alleviation

Guests and Speakers of

7th Global Islamic Microfinance Forum Which was held on November 24 - 25, 2018 - Istanbul, Turkey

DR. AJAZ AHMED KHAN Senior Microfinance Advisor CARE International United Kingdom.

MR. MABROOR MAHMOOD Principal Term Finance Islamic Corporation for the Development of the Private Sector (ICD) – Jeddah

MR. ZAYAD HELMI TAWFIQ AL REFAI CEO & Board Member Ethmar For Islamic Microfinance, Jordan.

MR. BASSEM KHANFAR Micro Finance Advisor The Islamic Corporation for the Development of the Private Sector Jeddah

DR. AMJAD SAQIB Executive Director Akhuwat Lahore, Pakistan

MR. ABUBAKR SIDDIQUE Principal Coordinator, Akhuwat, Pakistan.

DR. SHAHID A. ZIA Director Akhuwat, Pakistan.

MR. PERVEZ NASIM Chairman & CEO Ansar Financial & Development Corporation, Canada.

MR. MAMODE RAFFICK NABEE MOHOMED Founder & Secretary Al Barakah Multi-purpose Cooperative Society Limited - Mauritius

MR. MOHAMMAD ALMOHAMMAD ALBAHA Chief Executive Officer Hayat Microfinance Fund, Turkey.

MR. VEHAP KOLA SME and Entrepreneurship Consultant, Albania.

MR. VEHBI ZEQIRI Executive Director START Islamic Microfinance Institution, Republic of Kosovo.

MR. ABDERRAZEK LOUATI Chairman & CEO Thyna Advisory Services - Tunisia

MR. ZAFAR IQBAL Executive Director The NGO World Foundation, Pakistan

MR. MOHAMED JINNA Chairman United World Halal Development, Singapore.

MR. ZUBAIR MUGHAL Chief Executive Officer AlHuda Centre of Islamic Banking and Economics Dubai

MR. MONOWAR HUSSAIN BADRUDDUZA Chairperson Assembly For Justice And Development (AJAD), United Kingdom.

MR. NABIL GHALLEB Chairman of the Board and CEO Zitouna Tamkeen - Tunisian

MR. AIJAZ ALI KHUWAJA Development Consultant/CSR Lead Founder/General Secretary Sindh Social Scientists Forum (SSSF) Karachi – Pakistan

MR. RICHARD CHIGNELL Founder & Executive Chairman WAQF World Growth Foundation Malaysia.

MR. OSMAN AURAKZAI Head of Research & Development Center, Bank Al Jazira, Jeddah KSA.

MS. AMIIRAH NABEE MOHOMED Student of PhD Istanbul University, Turkey.

MR. LITO VILLANUEVA Managing Director & COO FINTQnologies Corp., A PLDT Company, Philippine.


Islamic Microfinance - An incredible tool for poverty alleviation

A poverty free society built on the principles of compassion and equity


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Islamic Microfinance - An incredible tool for poverty alleviation

Islamic Microfinance The issue of poverty has been a focus of international community. Everybody is talking about poverty reduction and different measures are being suggested for this purpose. People living in poverty need rapid access to a diverse range of financial services to run their businesses, build assets, ensure smooth selfconsumption and manage risks. Financial services for poor people have proven to be a powerful instrument for reducing poverty, enabling them to build assets, increase incomes and reduce their vulnerability to economic stress. Islamic Microfinance has traits to provide a parallel support to the poorest of the poor and its imminent qualities leaves no room for structural devastation as emphasizes ethical, moral & social factors to promote equality and fairness for the good of the society. During the latest research on Microfinance sector, it is evaluated that Islamic financial system provides the best solutions for Poverty alleviation and Social sustainability, it is not only providing opportunity to utilize a sustainable system but also offers good rate of return & ideal performance compare to conventional Microfinance system. Islamic Microfinance is a sub set of Islamic Economic and Financial System.


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Islamic Microfinance - An incredible tool for poverty alleviation

A Big Question Mark on Islamic Finance Industry Why does ISLAMIC MICROFINANCE have less then

1% Share in Islamic Finance Industry? 1% 2%

3% 4%

11%

79% 11% 4% 3% 2%

79% Islamic Banking Sukuk Islamic Funds Takaful Others (Mudarabah, Islamic leasing etc.)

1% Islamic Microfinance Industry

Lets Promote Islamic Microfinance for all segments of society


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Islamic Microfinance - An incredible tool for poverty alleviation

Event Summary of 8th Global Microfinance Forum With high hopes AlHuda CIBE has planned to conduct The 8th Global Islamic Microfinance Forum in Dubai - UAE on November 25 - 26, 2018. The notion behind conducting these forums is to create awareness of Islamic Microfinance for the benefit of humankind and to help poor to survive at their best. This is the reason why these events are conducted internationally so that masses can enjoy its perquisites. This year it is expected that the forum will unbolt new horizons, opportunities and innovation for Microfinance industry thus helping them eliminate poverty with support of Islamic Microfinance.

Main Objectives of 8th Islamic Microfinance Global Forum Nurturing awareness of Islamic Microfinance among the masses, government and nongovernmental institutes and multilateral donor agencies. ü Innovation in Islamic Microfinance Industry, e.g. FinTech, Crowd funding, Micro Takaful, Youth Development Programs etc. ü Promotion of Islamic Microfinance model that is compatible with the conventional Microfinance models being used. ü Encouraging practitioners, microfinance institutions, donor agencies and Government institutions by building up the acknowledgment of Islamic Microfinance system. ü Creation of a more favorable milieu for Islamic Microfinance at national and international level. ü Recognition of Islamic Microfinance as a sustainable system worldwide. ü Encourage Islamic Microfinance as a social phenomenon instead of a business oriented model. ü Gain global practices on Islamic Microfinance by using learned national and international scholars and experts. ü Provision of a platform for dialogue between multilateral donor organizations and Microfinance networks. ü Provision of up to date knowledge of various aspects of Islamic Microfinance. ü Provision of opportunities for collaboration or partnership with donor agencies, Islamic banks, and Islamic Microfinance institutions or networks.


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Islamic Microfinance - An incredible tool for poverty alleviation

Event Agenda 8th Global Islamic Microfinance Forum November 25 - 26, 2018

Inaugural session • Recitation of Holy Quran • Welcome Address • Inaugural & Key Note Address Technical Session I: Global Development and future potential of Islamic Microfinance • Islamic Microfinance – Global Scenario & Emerging Trends • The Challenges of Institutional diversity, regulation and supervision in Islamic Microfinance • Scaling of Islamic Microfinance – Opportunities & Challenges • Shariah principles, Operational Mechanism and Marketing Strategies of Islamic Microfinance • Innovation, impact assessment and future potential of Islamic Microfinance Technical Session II: Evidence of Impact – Financial Inclusion through Islamic Microfinance and FinTech • Islamic Microfinance as an effective tool of Financial Inclusion • Financial Inclusion through Islamic Microfinance - Evidence of Impact • How Islamic Microfinance can support to tackle the Refugees Crises; The Next Financial Inclusion Frontier Financial Inclusion: progress, challenges and view of the future Islamic Microfinance • The Digital Revolution and Financial Inclusion Technical Session III: Qarz-e-Hassan Model of Islamic Microfinance • Akhuwat model adding new dimensions in Microfinance salient features • Qarz-e- Hassan for Agricultural and Rural Finance • Linking Microfinance with business community • Replicating Qarz-e-Hassan Model – Challenges & Benefits • Impact assessment – A Case Study Technical Session IV: Power Table - Panel Discussion: • Funding Sources to Flourish Islamic Microfinance Industry • Funding challenges of Islamic Microfinance Institutions • How to fund Islamic microfinance institutions • Role of Funding Agencies for the Islamic Microfinance Crowd funding and Technological platform to generate the Funding opportunities

Technical Session V: Power Table – Panel Discussion: • Fintech, Crowd funding & Crypto currencies – A New Frontiers of Islamic Microfinance: • Adoption of Technology for increased transparency and efficiency • Integration of Mobile/ Branchless banking with Islamic Microfinance • Crypto Currencies/peer to peer Networks-Bringing Islamic Microfinance to the Digital World • Role of IT solutions to strengthen Islamic Microfinance Industry Technical Session Vi: Power Table – Panel Discussion: Outreach, Challenges & Opportunities: • Initiative needed in designing a framework for policy making for the expansion of Islamic Microfinance • Bottlenecks in the strategies which constraint the growth of Islamic Microfinance • Youth Development and Vocational Literacy program through Islamic Microfinance • Opportunities and Challenges faced by Islamic Microfinance Industry Technical Session VII: Islamic Agriculture and Rural Finance • How Islamic Microfinance can facilitate the Rural Finance? • Islamic Agricultural Finance – An Ideal Mechanism to fulfill the all crop/ farmer needs • Salaam & other Hybrid Products for Agri. & Rural Finance • Compatibility of Islamic Financial Products with Conventional Rural Credit lending Models • Financing need for Agricultural productions Cycle – Stages & Activities Technical Session VIII: Micro Takaful, Waqf& Zakat – Supportive Elements for Islamic Microfinance • Waqf base Models for Islamic Microfinance • Micro Takaful as Risk Management tool of Islamic Microfinance • Micro Takaful products for Islamic Micro, Rural & Agricultural Finance • Shariah Aspects of Islamic Microfinance • Can Zakat supplement Islamic Microfinance Programs?


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Islamic Microfinance - An incredible tool for poverty alleviation

Two Days post Event Workshop on “Islamic Microfinance - Operations, Practices & Outreach” November 27 - 28 , 2018 A Glance on Islamic Finance ŸRiba and Prohibition of Riba ŸEconomics Rationale for Prohibition of Riba ŸDeference between Islamic Microfinance & Conventional Microfinance Mechanism ŸDevelopment of Islamic Microfinance in Pakistan Shariah Foundation and Applications of Islamic Microfinance ŸConceptual Framework of Islamic Microfinance ŸIslamic Microfinance Characteristics ŸSustainability outreach and Problems pertaining to microfinance system

Microfinance & its Product Mechanism ŸIslamic Microfinance as effective tool of poverty alleviation ŸIslamic Micro Financial Products mechanisms & Compatibility with Conventional Microfinance Products ŸTrade Based Modes of Islamic Microfinance (Murabaha, Salam, Istina etc.) ŸMechanism of Trade Based Product (Murabaha, Salam &Istina) Islamic Microfinance Products- Operations and Practices ŸPartnership based of Islamic Microfinance (Mudarabah&Musharakah) ŸRental Based Mechanism/Products of Islamic Microfinance (Ijarah& Diminishing Musharakah) ŸApplication of Partnership & Rental based modes in Islamic Microfinance

Different Models & Deposit Management in Islamic Microfinance- Operations and Practices ŸDefinitions, Concepts & Uses of Waqf, Qarz – e – Hassan, Cooperatives & Zakat in Islamic Microfinance system ŸLiability (Deposit) Management Techniques for Islamic Microfinance ŸDevelopment of Islamic Microfinance in Pakistan Micro Takaful (Islamic Micro Insurance) & Risk Mitigation ŸDefinition of Micro Takaful. How Micro Takaful products works with Islamic Microfinance ŸStructure, Operation and Performance of Micro Takaful for Poverty Alleviation ŸOpportunities and Challenges of Micro Takaful in Islamic Microfinance

Shariah Fintech- Outreach, a step forward ŸDefinition of Fintech and Shariah Fintech ŸSegments of Fintech Industry ŸFintech and Financial Inclusion ŸFintech Features and Challenges ŸFintech in Islamic Microfinance


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Islamic Microfinance - An incredible tool for poverty alleviation

Who will benefit from attending “The 8th Global Islamic Microfinance Forum”? ŸMicrofinance Institutions ŸLocal Donor Agencies ŸInternational Donor Agencies ŸMicrofinance Banks ŸIslamic Banks ŸConventional Bank ŸInsurance and Takaful Companies ŸSMEs & Corporative Societies ŸRural Support Programmers ŸNGO’s, NPO’s and Microfinance Professionals ŸAcademia, Philanthropists, and Investors ŸRegulators and Government Officials

Great “NETWORKING” opportunity: Opportunities don't happen, you create them

Chris Grosser AlHuda Centre of Islamic Banking and Economics (CIBE), with the organization of this 8th Islamic Microfinance Global Forum is providing an opportunity for networking. Senior level executives from around the world will be among the participants thus providing healthy liaisons. This can call for tremendous marketing and promotional opportunities for the following business and social segments: ŸMicrofinance Institutions & Banks ŸLocal & International Donor Agencies ŸNGO’s and NPO’s ŸIslamic and Conventional Banks ŸIT Companies ŸRating Agencies ŸInvestment Banks ŸLocal and Multinational Companies ŸREITs ŸFinancial solution providers


Islamic Microfinance - An incredible tool for poverty alleviation

“Opportunities don't happen, you create them� Chris Grosser


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Islamic Microfinance - An incredible tool for poverty alleviation

Sponsorship Packages LEAD SPONSOR s s

s s s s s s s s

US$ 15,000

Allocation of Stall (Table-top) for corporate display. Stall will be located outside the main Conference Area. Logo of company/brand will be displayed at 1) Main Backdrop 2) Coverage in Event Report 3) Invitation Cards 4) Reception Desk (Front or back) 5) All E-Communication 6) Display stand at entrance Four (4) Complimentary delegate passes for the conference – to share with colleagues and business partners (2380 $ value) Two (2) A4 size complimentary colored advertisement on the back cover of bi-monthly Islamic Banking Magazine in consecutive issues (True Banking) - (Advertisement worth: 4400 USD) Pre & Post event media coverage in leading newspapers & TV channels Acknowledgment at opening and closing ceremony CEO’s/ Chairman’s message in conference’s program profile 4 Advertisement Standees outside conference hall Insertion of sponsor’s corporate brochure in the conference folder Sponsor can send Press releases of the event to PR Department of AlHuda CIBE

TECHNOLOGY SPONSOR

US$ 10,000

s Allocation of Stall (Table-top) for corporate display. Stall will be located in the main conference area s Logo of company/brand will be displayed at

s s s s s s

1) Main Backdrop 2) Event Report 3) Invitation Cards 4) Reception Desk (Front or back) 5) All E-Communication mode 6) All entrance Three (3) delegate passes for the conference – to share with colleagues and business partners (1785 $ value) Pre & Post event media coverage in leading newspapers & TV channels Acknowledgment at opening and closing ceremony Speaker’s presentation in the main conference program Advertisement of One (1) Standee outside the conference hall One (1) A4 size colored advertisement in bi-monthly Islamic Banking Magazine (True Banking) (Advertisement worth: 1800 USD)


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Islamic Microfinance - An incredible tool for poverty alleviation

SILVER SPONSOR

US$ 7,500

s Allocation of Stall (Table-top) for corporate display. Stall will be located in the main conference area s Logo of company/brand will be displayed at

s s s s s

1) Side wing of the main backdrop 2) Event Report 3) Invitation Cards 4) Reception Desk (Front or back) 5) All E-communication modes 6) Display stand at entrance Two (2) delegate pass for the conference – to share with colleagues and business partners (1190 $ value) Display of one (1) standee outside the conference hall One (1) A4 size colored advertisement in the bi-monthly Islamic Banking Magazine (True Banking) - ( Advertisement worth: 1800 USD ) Company name cards will be displayed at Lunch & Tea areas as Venue Sponsor.

EXHIBITION SPONSOR

US$ 5,000

s Allocation of Stall (Table-top) for corporate display. Stall will be located in the main conference area s Logo of company/brand will be displayed at

1) Main Backdrop 2) Event Report 3) Invitation Cards 4) Reception Desk (Front or back)


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Registration Form 8th Global Islamic Microfinance Forum November 25 - 26 , 2018 Please complete and return by e-mail, regular mail or fax. Please note that the name and title you give here will be printed on participants’ list and on certificates.

Participant Information Title:

Prof.

Dr.

Mr.

Ms.

Mrs.

Other

Full Name: Designation

Organization: Address: Postal/Zip code:

City

Telephone:

Cell

Email (Official)

Country Fax Email (Personal)

Event you wish to join (Forum / Workshop)

Forum Fee Forum fee include admission to Forum sessions, tea/coffee, lunch, registration materials and Certificate.

Fee for International Participants (USD)

Fee for Pakistani’s participants (PKR)

Forum Fee (November 25 & 26, 2018)

$ 1495 (2 Days)

Rs. 55,000 (2 Days)

Post Event Workshop Fee (November 27 & 28, 2018)

$ 995 (2 Days)

Rs. 40,000 (2 Days)

Forum + Workshop

$ 2490 (4 Days)

Rs. 95,000 (4 Days)

Event Name

Discount Policy

Account details for Payment

v Five or more delegates from the same organization - 20% discount v Early Bird Discount, Booking till 1st November, 2018 - 20% discount

You can proceed your fee by cheque or demand draft in favour of AlHuda CIBE or you can also transfer your fee online/wire transfer. Banks detail is as under:

For International Participants Bank Name: Account Title: AED A/C No: IBAN : Swift Code:

Emirates Islamic Bank, Dubai, U.A.E ALHUDA CIBE FZ LLE 370-73859877-01 AE590340003707385987701 MEBLAEAD

Additional Instructions vPayment Information Registration forms must be accompanied by full payment in order to be processed. vRegistration will not be confirmed until full payment has received vConfirmation Please allow 3 days for e-mail confirmation of your registration vWe do not have any cancellation policy. if you are unable to attend, you may substitute another individual place at no extra charge

By sending in this registration form, I acknowledge that I commit myself to the immediate payment of the full Forum fee. I have taken notice of the cancellation terms on this form.

Return address:

AlHuda CIBE FZ LLE - U.A.E Date:___________

Signature: ____________________________

(Advisory, Consulting & Capacity Building) P.O. Box. 120867, Dubai - U.A.E Ph: +971 56 928 6664 E-mail: info@alhudacibe.com Web: www.alhudacibe.com


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Islamic Microfinance - An incredible tool for poverty alleviation

Glimpse of Previous Forums 7th GLOBAL ISLAMIC MICROFINANCE FORUM 2017 November 24-25, 2017 Istanbul, Turkey

6th GLOBAL ISLAMIC MICROFINANCE FORUM 2016 November 8-9, 2016 at Intercontinental Hotel, Nairobi, Kenya

5th GLOBAL ISLAMIC MICROFINANCE FORUM 2015 November 24-25, 2015 at Istana Hotel, Kuala Lumpur, Malaysia

4th GLOBAL ISLAMIC MICROFINANCE FORUM 2014 November 1-2, 2014 at Dusit Thani Hotel, Dubai-UAE

3rd GLOBAL ISLAMIC MICROFINANCE FORUM 2013 October 06, 2013 at Dusit Thani Hotel, Dubai-UAE

1st GIMF 2011

June 13, 2011 at Islamabad - Pakistan

2st GIMF 2012

December 08, 2012 at Dubai WTC - UAE


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Islamic Microfinance - An incredible tool for poverty alleviation

Clientele Following is the glimpse of some of the clients of AlHuda with a countless more in number.

UBL Insurance

IGI ICEA

HBL

Daman

ICMA

National Bank of Tanzania

ALHUDA CIBE

NRSB

IFC World Bank USA ZTBL

Al Baraka Bank

State Bank of Pakistan


Our Services in Islamic Microfinance

AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building) P.O.Box. 120867, Dubai - U.A.E Ph: + 971 56 928 6664, CIBE

AlHuda CIBE - Pakistan 98-A Sunflower Society, J1 Johar Town, Lahore - Pakistan Ph: +92 42 359 130 96 – 98 Fax: +92 42 359 130 97 E-mail: info@alhudacibe.com Web: www.alhudacibe.com/gimf2018 Hotline: +92 331 936 0000

8th Global Islamic Microfinance Forum  

With high hopes AlHuda CIBE has planned to conduct 8th Global Islamic Microfinance Forum in Dubai - UAE on November 25 - 26, 2018. The notio...

8th Global Islamic Microfinance Forum  

With high hopes AlHuda CIBE has planned to conduct 8th Global Islamic Microfinance Forum in Dubai - UAE on November 25 - 26, 2018. The notio...

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