Azerbaijan Micro-finance Association (AMFA)

Transcription

1 Azerbaijan Micro-finance Association (AMFA) BUSINESS

2 About AlHuda Centre of Islamic Banking and Economics AlHuda Centre of Islamic Banking and Economics is a globally recognized name working in the areas of Islamic banking & finance and Microfinance in order to provide specialized Trainings, Advisory and Research for the last seven years with an aim to serve the community by providing state-of-the-art Advisory, Consultancy and Education to masses through various well recognized modes i.e. Distance learning programs, Trainings Workshops, Awareness Programs and Products Development. Our specialized and research oriented publications are another source of knowledge delivery. For further details, please visit: About Akhuwat Akhuwat is dedicated to improve the lives of the poor, especially those who are financially abused, abandoned and disregarded by society. It was established with the objective of providing Qard-e-Hasn or interest free Microfinance to the poor so as to enhance their standard of living. Drawing on principles of social justice and brotherhood, Akhuwat strives to alleviate poverty by creating a system based on mutual support in the society. Akhuwat s philosophy is based on the principle of Qard-e-Hasn, helping someone in need with an interest-free loan, has been favored over charity. From a first loan of Rs. 10,000, Akhuwat s total disbursements have now become reached about Rs. 2 billion. For further details, please visit:

3 About Microfinance has emerged as an important instrument to help a large number of Unbankable members of society, as a tool to help reduce poverty and encourage economic growth in neglected parts of the world. However, time has proved that conventional microfinance is not fully reaching the poorest of the poor. 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. is a sub-set of Islamic Economic & Financial System. The demand for Shari ah complaints financial products and services is increasing with the rapid progress of Islamic finance industry. It is widely accepted that micro finance is the most effective tool for alleviation of poverty and uplift the living standards of poor through real economic activities in society, but as per market studies conventional micro financial system could not serve the potentially as should expectation due to the few deficiencies in the system. So, it is an immediate need to develop substitute financial products for microfinance institutions. Need Assessment of We are in great need of Islamic microfinance to be implied due to the failure of microfinance structure all over the world and its most unprecedented example is India where microfinance companies had failed after a biggest clampdown due to exorbitant interest rates. 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. It is estimated that 3 billion people are living below the poverty line around the world among them approximately 44% conventional microfinance clients reside in Muslim countries. Almost one-half of the 56 IDB member countries in Asia and Africa are classed as United Nations Least Developed Countries (LDCs), so there is an immediate need to start in Muslim Majority countries for financial inclusion. Right now, there are about 250 Institution, working globally in 32 countries. have proven track record that it deals with long lasting & complete solutions for Sustainability.

4 Key Objectives of this Forum The vision of this Global Forum is to create a value in the line of Islamic microfinance for the benefit of human kind and motive to create awareness in the masses and International Market through this event. Global Forum aims at evaluating the state-of-the-art knowledge in the field of. Over the course of this forum, participants will have the opportunity to be trained from learned Professionals, Experts, and Panelists and to learn many things by their experiences through sessions, speeches and presentations designed under different tracks within the specific subject. The core objectives of this Forum are: Promoting awareness of among the masses, government and Non Governmental Sectors and Multilateral Donor agencies Promote Model which is compatible with the models being used in Conventional Microfinance Create a more favorable environment for at national and international level To promote Islamic microfinance as a social phenomenon instead of business oriented model Gain global practices on Islamic microfinance through learned national and international scholars and experts To recognize as sustainable system worldwide Awareness of system as sustainable and viable solution for poverty alleviation Buildup the recognition of system, for the encouragement of practitioners/microfinance institutions/ donor agencies/ Government institutions To provide a Platform to start a dialogue with multilateral donor organizations and Microfinance Network Providing innovative knowledge of the various aspects of Islamic microfinance To provide the opportunities for collaborations/partnerships with donor agencies, Islamic banks and Institutions/Networks. To ensure continued growth of Institutes

5 Speakers Dr. Amjad Saqib Executive Director Akhuwat Lahore, Pakistan Iyad (Mohamad Ali) Salim Nabulsi Microfinance Development Specialist UNDP United Nations Development Programme Palestine Mrs. Farida Toor Tariq Centre for Women Co-Operative Development (CWCD) Lahore, Pakistan? Aziz Ur Rehman Manager-Shariah Mawarid Finance Dubai Mr. Shahid I. Mohammed President Naymet. Pakistan. Mr. Zubair Mughal AlHuda Centre of Islamic Banking and Economics Lahore, Pakistan Muhammad Saleem Ranjha Director Akhuwat Mr. Abdul Samad Shairah Advisor Bank of Khyber Pakistan Alpysbay Edige Executive Director - Zakat Fund Govt. of Kazakhstan. Mr. Jamal D. Harwood Renowned Finance Expert. Canada. Mr. Hamad Rasool Director Research AlHuda Centre of Islamic Banking and Economics Pakistan Zaigham Mehmood Rizvi Renowned International Expert Islamic Banking & Housing Finance Washington U.S.A Justice (R) Khalil Ur Rehman Shariah Advisor AlBaraka Islamic Bank Chairmen Punjab Halal Development Agency Govt. of Pakistan Dr. Mohammed R. Kroessin International Programmes Division, Global Microfinance Advisor Islamic Relief Worldwide United Kingdom.s Mr. Kavilash Chawla Managing Director Nur Global Strategies U.S.A Mohammed Alhassan Abu Sidikan Business Services Ghana, West Africa Mr. Mamode Raffick Nabee Mohomed Founder/ Secretary Al Barakah Multi-purpose Co-operative Society Limited Mauritius Mr. Pervez Nasim Managing Director & CEO Ansar Financial and Development Corporation Canada Mr. Jubril Salaudeen Secure Huda Pvt. Limited Nigeria. Mr. Nana Opare-Djan Projects / Microfinance Unit & Executive Director Kraban Support Foundation Ghana Mohamed El Mehdi Zidani Author -"An Islamic Analysis of the Grameen Bank" Director Baraka Editions Farid Feroz Ali Muhammad Ali Premani CEO, Chief Consultant Aleedex International Pakistan

6 Event Agenda 8:00 am to 8:30 am Registration & Welcome Session I: Inaugural Session Recitation from Holy Quran Welcome Address from Dr. Amjad Saqib, Executive Director AKHUWAT 8:30am - 09:00am Guest of Honor H.E Ambassador of Pakistan for U.A.E Justice Justice Khalil ur Rehman Shariah Advisor AlBaraka Bank Limited Chairmen Punjab Halal Development Agency - Pakistan Vote of Thanks - Mr. M. Zubair Mughal, AlHuda CIBE 09:00 am to 09:30 am Networking and Tea Break Session - II: Conceptual Framework & Policies for 09:30am - 09:50am Dr. Mohammed R. Kroessin Global Microfinance Advisor Islamic Relief Worldwide - United Kingdom Topic: Setting The Future Research Agenda For : Establishing The Evidence Base For Impact And Sustainability 10:10am - 10:30am 10:30am - 10:45am Mr. Kavilash Chawla Managing Director Nur Global Strategies - U.S.A Topic: The Arab Spring and its Implications for Islamic microfinance Policy perspective Q & A Session 09:50am - 10:10am Iyad (Mohamad Ali) Salim Nabulsi Microfinance Development Specialist United Nations Development Program ( UNDP ) - Palestine Topic: Conventional MFIs conversion toward Palestine experience 10:45am - 11:00am Concluding Remarks from Session Chairman Dr. Tariq Cheema World Congress of Muslim Philanthropists U.S.A Session III- The Akhuwat Model -Poverty Alleviation through Qarz-e-Hassana 11:00am -11:20am 11:20am - 11:40am Mr. Muhammad Saleem Ranjha Director Akhuwat Topic: Adding New Dimensions in Microfinance: Salient Features of the Qarz-e-Hassan Model Mr. Pervez Nasim Chairmen & CEO Ansar Financial and Development Corporation - Canada. Topic: The Canadian Co-Operative Model of Interest-Free Home Financing and Investments 11:40pm - 12:00pm 12:00pm - 12:15pm Q & A Session Discussant: Dr Amjad Saqib Executive Director, Akhuwat Concluding Remarks from Session Chairman Mrs. Farida Tariq Wasil Foundation Pakistan.

7 12:15 pm to 01:30 pm Lunch and Prayer Break Session -IV: Power Table- Current Status & Future Potential & Shariah Issues of 01:30pm - 02:30pm Moderator: Mr. Abdul Samad Shariah Advisor - The Bank of Khyber Pakistan Panelist Mr. Mohamed El Mehdi Zidani Author -"An Islamic Analysis of the Grameen Bank" Director Baraka Editions France. Mohammed Alhassan Abu Sidikan Business Services Ghana, West Africa Mr. Edige Alpysbay Director - Kazakhstan Zakat Fund Kazakhstan Aziz Ur Rehman Manager Shariah Mawarid Finance Dubai 02:30pm - 02:45pm Q & A Session 02:45pm - 03:00pm Concluding Remarks from Session Chairman Mr. Zaigham Mehmood Rizvi Renowned International Expert Islamic Banking & Housing Finance - Washington U.S.A 03:00pm to 03:15pm Tea & Prayer Break Technical Session - V: Outreach & Sustainability of 03:15pm 03:30pm 03:30pm 03:45pm Mr. Mamode Raffick Nabee Mohomed Founder/ Secretary, Al Barakah Multi-purpose Co-operative Society Limited, Mauritius. Topic: through Cooperatives. Mr. John D. Harwood Renowned Finance Expert. Canada. Topic: Islamic Solution to financial crises. 04:00pm 4:15pm 04:15pm 04:30pm Mr. Jubril Salaudeen Secure Huda Pvt. Limited Nigeria. Topic: Adopting Operations Among Rural Women to Achieve Food Sufficiency Q & A Session 03:45pm 04:00pm Mr. Nana Opare-Djan Projects & Microfinance Unit & Executive Director Kraban Support Foundation Ghana Topic: and Mobile Money Technology Transfer: An Anti Poverty-Lending Tool For Developing Communities. 04:30pm - 04:45pm Concluding Remarks from Session Chairman ( to be confirmed shortly ) 04:45pm - 05:00pm Certificate Distribute Ceremony Forum End

8 Two Days Post Event Workshop on Shari'ah Principles, Operational Mechanism and Marketing Strategies of December 09-10, 2012 Shari'ah Principles and their Application in Microfinance Conceptual Framework of Islamic Microfinance Islamic principles of Micro financing, needed to adhere to when operating under Shari'ah law Compatibility of Microfinance Models with. as an effective tool for sustainable development. Exploring the Products: Murabaha, Salam, Istisna, Diminishing, Mudarabahah, Musharakah and Ijarah Murabaha as Ideal financing mode in Micro/Rural finance sector Salam: Its mechanism and practical implications for Microfinance Sector. Istisna: Shari'ah ruling and its compliance with standards Ijarah: As an alternative to conventional Micro leasing Diminishing Musharaka A Shariah Compliant Instrument for Micro Housing Finance. Deposit Management Techniques for Banks/Institutions. ( Modarabah & Musharaka) Use of Zakah and Establishment of Waqf for Building up the Institutions Use of Zakah, Waqf and Co-operative models in. Utilization of Waqf concept for the development of the development and Strengthened the Extending the product line and product development in Islamic microfinance. Innovation, Development & Opportunities in Modernization in Microfinance Alternative delivery channels Role of I.T for the Development of Need of Product Diversification in Product innovation and product Mix of Donors unwillingness towards Islamic Microfinance: Causes and Solutions Marketing Strategies of. How to market products? How to ensure that your products are authentically Islamic and how to convince your clients? Is for Muslims? A big Misconception Effective donor strategies to support Islamic Insurance (MicroTakful ) & Risk Management Techniques in Islamic Microfinance Islamic Insurance ( MicroTakaful ) An effective tool for Sustainable Development. Risk Management Techniques for Islamic Microfinance BancaTakaful Channelize the MicroTakaful Products with Islamic Microfinance Institution Case Studies

9 Who should attend this Forum? Microfinance Institutions & Banks Local and International Donor s Agencies Rural Support Programs Islamic and conventional Banks Insurance and Takaful Companies SMEs & Corporative Societies NGOs and NPOs Microfinance Professionals and Experts Academia Philanthropist and Investors Regulators and Govt. Officials Shari ah Scholars and Experts Promotional and Marketing Opportunities No Company can afford to miss this Great Interactive Marketing Opportunity! Global Forum is practice driven but interesting for senior level executives event, designed to explore and share strategies within Islamic microfinance industry. This platform is expected to provide a healthy liaison and calls for tremendous marketing and promotion opportunities for the following business and social segments: Microfinance Institutions & Banks Local and International Donor s Agencies NGOs and NPOs Islamic and Conventional Banks IT Companies Rating Agencies Investment Banks Local and Multinational Companies REITs Financial Solutions Providers.

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11 Shariah Compliant Solutions for Microfinance Centre of Excellence in Our Services in Product Development Training & Capacity Building Shariah Advisory Visit us: Research and Innovation Publications & Reports Networking and Awareness For Registration Please Contact AlHuda Centre of Islamic Banking and Economics 192-Ahmed Block, New Garden Town, Lahore - Pakistan Ph: (+92-42) Fax: (+92-42) info@alhudacibe.com Web: