Bookmark and Share
FOLLOW US:        
Sukuk News
5th Global Islamic Microfinance Forum will be held in Malaysia
Forum is being jointly organized by AKHUWAT and ALHUDA- CIBE in order to alleviate poverty
5th Global Islamic Microfinance Forum will be held in Malaysia(September 16, 2015)

(Lahore) Poverty is being recognized as the top of the global problems as it is spreading day by day but even more worrying situations that the Muslim world is being hit even more severely, as it is being considered as number one agenda of “Financial Inclusion”. As per a careful estimate, almost 46% of the Poor live in Muslim countries, where the poverty trends are alarming. One of the reasons behind this is the general avoidance from “RIBA” the “Interest” which is strictly prohibited in Islam. So if we really intend to include the Muslims in the financial inclusion, then we need to develop a system caring their Cultural and Social Values, which is possible only through Islamic Microfinance.

These points were said by Mr. Muhammad Zubair Mughal, the Chief Executive Officer, of AlHuda Center of Islamic Banking and Economics ( CIBE ), while narrating the objectives and background of the “5th Global Islamic Microfinance Forum” to be held on November 24-25, 2015 in modern city of Kuala Lumpur, Malaysia, jointly by AKHUWAT and ALHUDA- CIBE, so that a Comprehensive strategy be formulated to alleviate poverty and for sustained economic progress. Participates from almost 30 different countries are expected to participate in the forum, wherein a large variety of topics will be discussed at length, including; Islamic Microfinance, Financial Inclusion, Rural development, Use of IT in Microfinance, Micro Takaful, Rural credit, Small business problems and solutions, Shariah Principles and General Economic Development.

Dr. Amjad Saqib, the Executive Director, AKHUWAT also highlighted the impact and objectives of this forum, by expressing that the primary objective of this 5th Global Islamic Microfinance Forum is to bring some relief to the poor by developing a welfare society exploring the best techniques from a variety of methods of poverty alleviation adopted globally. He presented the AKHUWAT Model as a successful case and declared that Akhuwat has so far distributed almost Rs.9 Billion among 960,000 families through “Qarz-e-Hassan” which in itself is a true model of Islamic Welfare oriented Microfinance system.

The Forum will be followed by Two Days, “Post Event Workshop on Islamic Fund Mechanism, Shariah Standards and Sustainable Operations” This Workshop will cover a variety of allied topics. For further details the following link can be visited: http://alhudacibe.com/gimf2015

About AlHuda CIBE:
AlHuda Center of Islamic Banking and Islamic Economics (CIBE) is a well recognized name in Islamic banking and finance industry for research, advisory and capacity building over the last ten years. The prime goal has always been to remain stick to the commitments and provide state-of-the-art Advisory Consultancy and Education through various well recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Trainings Workshops, and Islamic Microfinance and Takaful Consultancies etc. Side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance.

We are dedicated to serve the community as a unique institution providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 25 Countries for the development of Islamic Banking and Finance industry so far. For further Details about AlHuda CIBE, please visit: www.alhudacibe.com

For Media Contact:
Ms. Shaguftta Perveen
Manager Communications,
+92 42 3591 3096
Sukuk News
  • Apex Islamic Micro Finance leaders gathered at GIMF in Malaysia. more..

  • AlHuda CIBE has long term vision for East African Islamic Finance Market. more..

  • 5th Global Islamic Microfinance Forum will be held in Malaysia more..

  • Islamic Finance is an Ideal tool of Financial Inclusion more..

  • Funding Sources for Islamic Microfinance Institutions more..

  • West Africa an Emerging Market of Islamic Finance: Zubair Mughal more..

  • AlHuda CIBE Sign agreement with Islamic Chamber of Commerce (ICCIAU) to promote Islamic Banking in Uganda more..

  • Islamic Finance is emerging as an alternative source of financial sustainability in Europe more..

  • Halal Research Council will provide services to promote Halal Industry in Nigeria. more..

  • Pakistan would be the Halal Hub of future: Zubair Mughal more..

  • Takaful perceived as having significant potential in Tanzania. more..

  • Islamic Banking and Finance has progressive outlook in 2015 more..

  • AlHuda CIBE set to enter into Uganda Market more..

  • Japan can get better financial positioning in Int'l market through Islamic Finance more..

  • 4th Global Islamic Microfinance Forum Came to an End in Dubai more..

  • Global Islamic Microfinance Forum Ready to Set New Standards more..

  • Islamic Microfinance is an effective tool of Financial Inclusion more..

  • Tanzania has Big Potential for Islamic Finance: Muhammad Zubair Mughal more..

  • A New Initiative for the Development of Islamic Microfinance more..

  • Global Islamic Microfinance Forum to be organized in Dubai more..

  • Al Huda CIBE extending its services to the USA market more..

  • AlHuda CIBE Eyes African Islamic Finance Market more..

  • Pakistan and Sudan Leading in Islamic Microfinance Industry more..

  • MoU signed to promote Islamic finance in France. more..

  • SESRIC- OIC and AlHuda CIBE sign MoU more..

  • Poverty in Europe can be reduced by Islamic Microfinance more..

  • Poverty in Muslim World is Rapidly Increasing: Zubair Mughal more..

  • AlHuda CIBE will Organize African Islamic Banking and Finance Road Show more..

  • Arab countries can alleviate poverty through Islamic microfinance more..

  • 2014 will be promising for Islamic Finance Industry more..

  • Tunisia has big potential for Islamic Finance: Zubair Mughal more..

  • A New Venture Established to Strengthen Islamic Finance in France and USA more..

  • Islamic Microfinance should be Introduced Internationally: Dr. Fatima Al-Blooshi
    Three days 3rd Global Islamic Microfinance Forum ended in Dubai more..

  • The Global Islamic Microfinance Forum Ready to Set New Standards
    The Forum will determine the Standards and strategic policies more..

  • A Big Question Mark on Islamic Finance Industry
    Muhammad Zubair Mughal - zubair.mughal@alhudacibe.com more..

  • Islamic Microfinance Research Study initiated in Yemen - 8th May, 2013
    Existing demand and future trends of Islamic Microfinance will be determined: Zubair Mughal. more..

  • Islamic Microfinance Market size touches $1 billion - 17th April, 2013
    Islamic Microfinance industry is rapidly progressing due to its superior performance for poverty alleviation. more..

  • The Global Islamic Microfinance Forum will be held in U.A.E - 05/09/2012
    The Forum will determine the Standards and policies for sustainable Islamic Microfinance development. more..

  • Yemen will Host an International Workshop on Islamic Microfinance - 28/08/2012
    Workshop is being jointly organized by Yemen Microfinance Network and AlHuda Centre of Islamic Banking and Economics, Pakistan more..
Upcomming Events
Other Services
Copyrights © All Right Reserved 2018 Alhudacibe.com