November 23, 2022: 11th Global Islamic Microfinance Forum was successfully concluded at Metropolitan Hotel Dubai, UAE under the patronage of AAOIFI Bahrain. The purpose of that forum was to promote, strengthen and unite the organizations of Islamic microfinance (IMF) with the theme of financial Inclusion, outreach strategies & innovations. Eminent Speakers and industry professionals from well-serving organizations related to Microfinance, Islamic microfinance, micro-insurance, and NGOs participated in the event.
Mr. Zafar Iqbal (Chairman of The NGO World Foundation) presented “Barkat Project Pakistan” as a successful story of a sustainable development initiative being implemented on shari’ah principal “Mudarbah“. He explained to the participants of the forum, how this project is improving the lives of small livestock farmers living in villages in Punjab Pakistan. He emphasized that organizations and Islamic Microfinance Institutions to adopt and replicate this model to bring people out of the poverty circle.
Chairman Akhuwat, Dr. Muhammad Amjad Saqib who was the chief guest of the forum appreciated Barkat initiative and showed commitment to make joint efforts for its expansion and increasing the number of beneficiaries.