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Islamic Microfinance - An incredible tool for poverty alleviation

8

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
 Islamic Microfinance - An incredible tool for poverty alleviation
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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
 Islamic Microfinance - An incredible tool for poverty alleviation
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Guests and Speakers of

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

MR. MABROOR MAHMOOD

DR. AJAZ AHMED KHAN
Principal MR. ZAYAD HELMI TAWFIQ AL REFAI
Senior Microfinance Advisor
Term Finance Islamic Corporation CEO & Board Member Ethmar For
CARE International
for the Development of the Islamic Microfinance, Jordan.
United Kingdom.
Private Sector (ICD) – Jeddah

MR. BASSEM KHANFAR

Micro Finance Advisor DR. AMJAD SAQIB MR. ABUBAKR SIDDIQUE
The Islamic Corporation for the Executive Director Principal
Development of the Private Sector Akhuwat Lahore, Pakistan Coordinator, Akhuwat, Pakistan.
Jeddah

MR. MAMODE RAFFICK

MR. PERVEZ NASIM
DR. SHAHID A. ZIA NABEE MOHOMED
Chairman & CEO
Director Founder & Secretary
Ansar Financial & Development
Akhuwat, Pakistan. Al Barakah Multi-purpose Cooperative
Corporation, Canada.
Society Limited - Mauritius

MR. MOHAMMAD MR. VEHBI ZEQIRI

MR. VEHAP KOLA
ALMOHAMMAD ALBAHA Executive Director
SME and Entrepreneurship
Chief Executive Officer START Islamic Microfinance
Consultant, Albania.
Hayat Microfinance Fund, Turkey. Institution, Republic of Kosovo.

MR. MOHAMED JINNA

MR. ABDERRAZEK LOUATI MR. ZAFAR IQBAL
Chairman
Chairman & CEO Executive Director
United World Halal Development,
Thyna Advisory Services - Tunisia The NGO World Foundation, Pakistan
Singapore.

MR. MONOWAR HUSSAIN

MR. ZUBAIR MUGHAL
BADRUDDUZA MR. NABIL GHALLEB
Chief Executive Officer
Chairperson Chairman of the Board and CEO
AlHuda Centre of Islamic Banking
Assembly For Justice And Zitouna Tamkeen - Tunisian
and Economics Dubai
Development (AJAD), United Kingdom.

MR. AIJAZ ALI KHUWAJA

MR. RICHARD CHIGNELL MR. OSMAN AURAKZAI
Development Consultant/CSR Lead
Founder & Executive Chairman Head of Research & Development
Founder/General Secretary
WAQF World Growth Foundation Center, Bank Al Jazira, Jeddah
Sindh Social Scientists Forum (SSSF)
Malaysia. KSA.
Karachi – Pakistan

MR. LITO VILLANUEVA

MS. AMIIRAH NABEE MOHOMED
Managing Director & COO
Student of PhD
FINTQnologies Corp.,
Istanbul University, Turkey.
A PLDT Company, Philippine.
 Islamic Microfinance - An incredible tool for poverty alleviation

A poverty
free society built
on the principles
of compassion
and equity
 Islamic Microfinance - An incredible tool for poverty alleviation
8

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 self-
consumption 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.
 Islamic Microfinance - An incredible tool for poverty alleviation
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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% Islamic Banking 79%

11% Sukuk
4% Islamic Funds
3% Takaful
2% Others (Mudarabah, Islamic leasing etc.)
1% Islamic Microfinance Industry

Lets Promote Islamic Microfinance for

all segments of society
 Islamic Microfinance - An incredible tool for poverty alleviation
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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 non-
governmental 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.
 Islamic Microfinance - An incredible tool for poverty alleviation
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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?
 Islamic Microfinance - An incredible tool for poverty alleviation
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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
 Islamic Microfinance - An incredible tool for poverty alleviation
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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
 Islamic Microfinance - An incredible tool for poverty alleviation
8

Sponsorship Packages

LEAD SPONSOR US$ 15,000

s Allocation of Stall (Table-top) for corporate display. Stall will be located outside the main
Conference Area.
s 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
s Four (4) Complimentary delegate passes for the conference – to share with colleagues and business
partners (2380 $ value)
s 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)
s Pre & Post event media coverage in leading newspapers & TV channels
s Acknowledgment at opening and closing ceremony
s CEO’s/ Chairman’s message in conference’s program profile
s 4 Advertisement Standees outside conference hall
s Insertion of sponsor’s corporate brochure in the conference folder
s 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
1) Main Backdrop
2) Event Report
3) Invitation Cards
4) Reception Desk (Front or back)
5) All E-Communication mode
6) All entrance
s Three (3) delegate passes for the conference – to share with colleagues and business partners
(1785 $ value)
s Pre & Post event media coverage in leading newspapers & TV channels
s Acknowledgment at opening and closing ceremony
s Speaker’s presentation in the main conference program
s Advertisement of One (1) Standee outside the conference hall
s One (1) A4 size colored advertisement in bi-monthly Islamic Banking Magazine (True Banking) -
(Advertisement worth: 1800 USD)
 Islamic Microfinance - An incredible tool for poverty alleviation
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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
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
s Two (2) delegate pass for the conference – to share with colleagues and business partners (1190 $
value)
s Display of one (1) standee outside the conference hall
s One (1) A4 size colored advertisement in the bi-monthly Islamic Banking Magazine (True Banking) - (
Advertisement worth: 1800 USD )
s Company name cards will be displayed at Lunch & Tea areas as Venue Sponsor.
s

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)
 Registration Form
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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:

Organization: Designation

Address:

Postal/Zip code: City Country

Telephone: Cell Fax

Email (Official) 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 Fee for Pakistani’s
Event Name Participants (USD) 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)

Discount Policy Account details for Payment

v Five or more delegates from the same organization - 20% discount You can proceed your fee by cheque or demand draft in favour
v Early Bird Discount, Booking till 1st November, 2018 - 20% discount of AlHuda CIBE or you can also transfer your fee online/wire
transfer. Banks detail is as under:

For International Participants Additional Instructions

Bank Name: Emirates Islamic Bank, Dubai, U.A.E vPayment Information Registration forms must be accompanied by full payment
Account Title: ALHUDA CIBE FZ LLE in order to be processed.
vRegistration will not be confirmed until full payment has received
AED A/C No: 370-73859877-01 vConfirmation Please allow 3 days for e-mail confirmation of your registration
IBAN : AE590340003707385987701 vWe do not have any cancellation policy. if you are unable to attend, you may substitute
Swift Code: MEBLAEAD 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
(Advisory, Consulting & Capacity Building)
Date:___________
P.O. Box. 120867, Dubai - U.A.E
Ph: +971 56 928 6664
Signature: ____________________________ E-mail: info@alhudacibe.com
Web: www.alhudacibe.com
 Islamic Microfinance - An incredible tool for poverty alleviation
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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 2st GIMF 2012

June 13, 2011 at Islamabad - Pakistan December 08, 2012 at Dubai WTC - UAE
 Islamic Microfinance - An incredible tool for poverty alleviation
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Clientele
Following is the glimpse of some of the clients of AlHuda with a countless more in number.

UBL
Insurance
IGI

HBL ICEA

Daman ICMA

National IFC World

Bank of ALHUDA CIBE Bank
Tanzania USA

NRSB ZTBL
State
Al Baraka Bank of
Bank 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