MICROFINANCE EVENT: AlHuda Center of Islamic Banking and Economics to Host 5th Global Islamic Microfinance Forum, November 24-25, 2015, Kuala Lumpur, Malaysia

Event Name: 5th Global Islamic Microfinance Forum

Event Dates: Conference: November 24-25, 2015; Post-conference workshop: November 26-27, 2015

Event Location: Kuala Lumpur, Malaysia

Cost: The cost to attend both the conference and workshop is PKR 95,000 (USD 930) for Pakistani participants and USD 2,490 for international participants. For individual prices to attend either the conference or the workshop, you may refer to the event website.

Summary of Event: The purpose of this event is to assess the state of Islamic microfinance across the globe and explore the potential for its expansion in developing countries. Islamic microfinance consists of services conducted according to Shariah law, which includes a prohibition on charging interest in favor of concepts like the sharing of profit and loss. The conference will cover such topics as: (1) developments in the global Islamic microfinance industry; (2) approaches to funding; (3) “welfare based models for Islamic microfinance;” and (4) “rural/agricultural finance and entrepreneurship development” [1]. Following the conference, An optional two-day workshop will focus on “Sustainable Operational Strategies & Innovation” [1].

About the Organizer: AlHuda Center of Islamic Banking and Economics is a Pakistan-based organization that works to promote Islamic finance and microfinance around the world. AlHuda provides training services on Shariah law with regard to finance and banking, and it hosts the Global Islamic Microfinance Forum annually. The organization also publishes a monthly online magazine called “Islamic Banking and Finance News” [2].

Event Website: http://www.alhudacibe.com/gimf2015/

For additional information you may contact AlHuda Center of Islamic Banking and Economics by telephone at: +92 42 35913096 8 or by email at: info[at]alhudacibe.com

By Meredith Steih, Research Associate

About AlHuda Center of Islamic Banking and Economics

Located in Pakistan, AlHuda Center of Islamic Banking and Economic is a nonprofit consulting firm that specializes in research and training in the Islamic microfinance industry. The organization also provides technical assistance in the area of Shariah law, publishes a monthly online magazine called “Islamic Banking and Finance News,” and organizes distance learning programs and in-person conferences.

Sources and Additional Resources

[1] 5th Global Islamic Microfinance Forum: 5th Global Islamic Microfinance Forum

[2] Alhuda Center of Islamic Banking and Economics: Magazine Home

MicroCapital Universe Profile: AlHuda Center of Islamic Banking and Economics 

Do you know that MicroCapital publishes the MicroCapital Monitor newspaper each month? Find out more at https://www.microcapital.org/products-page/

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