0
0
The role of social finance in the Islamic economy has been discussed at length, yet thesector has always been isolated from Islamic commercial finance. As such, t here is a need to discuss ways and means for its integration and to leverage its potential for the betterment of the society.
The session aims to deliberate on the enhanced role Islamic financial institutions can play and how the charitable and other funds can be institutionalized and channeled in the right manner.
Main topics:
-Integration of social finance with Islamic commercial finance, including Islamic
microfinance (social and commercial models) and other underserved sectors
-Social finance aspects and avenues within Islamic banking and finance
-Role of social finance (particularly microfinance) in improving the efficiency of rural supply chain and improving the margins for growers and producers
-Institutionalisation of social finance funds through Islamic commercial finance
-Governance of Zakah and other social institutions – does AAOIFI have a role?
-Role of Waqf within the Islamic finance industry and the Islamic economy
– AAOIFI standards related to Waqf governance and accounting
