Formulations of Implementing Islamic Microfinance

Monday, 23rd of May, 2022

1- Islamic Microfinance : main features, challenges and perspectives.
2- Endogenous challenges :
– High interest rates and margin rates applied of financing products
– Less impact in terms of job creation and supporting businesses
– Less impact in terms of financial accompaniment
– Less impact in terms of economic inclusion and providing economic opportunities when relevant.
3- Exogenous challenges
– Climate change
– Food security threats
– New challenges in terms of health situation
– Water management issues
4- Microfinance – Paths of improvement:
– Adopting Financial Technologies
– Reviewing the Business model of Microfinance institutions
– Building Sustainable ecosystems
– Linking Microfinance with Islamic social finance
5- Risk & controls :
– Risk Appetite VS. Risk Exposure
6- Islamic microfinance risk taxonomy: operational risks and financial risks
7- Managing financial risk in microfinance
– Avoid risk or transfer risk or retain risk or mitigate risk .

– Dr. Mohammed R. Kroessin, Head of Islamic Microfinance, Islamic Relief Worldwide
– Dr. Ahmed Tahiri, Managing Partner at Green For South
– Mr. Baba Yunus Muhammad, President at Africa Islamic Economic Foundation
– Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics
– Mr. Mohamed Mazen Dakhli, Project Team Leader, Economic Empowerment Department, IsDB
Moderator:
Mr. Ahmed Magdy Khater, Communication Associate at ICCD