1 / 6

Islamic microfinance..microtakaful A brief discussion on challenges

Ahmed Rostom Financial Sector Specialist East Asia and Pacific Finance and Private Sector Development (EASFP) The World Bank. Islamic microfinance..microtakaful A brief discussion on challenges. November 2012. Global Picture.

hamilton-klein
Download Presentation

Islamic microfinance..microtakaful A brief discussion on challenges

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ahmed Rostom Financial Sector Specialist East Asia and Pacific Finance and Private Sector Development (EASFP) The World Bank Islamic microfinance..microtakaful A brief discussion on challenges November 2012

  2. Global Picture MENA dominates in terms of number of financing clients, EAP dominates in terms of portfolio size Financing outstanding amounts (USD millions) 2

  3. Global Picture More MFIs/rural banks but volumes driven by commercial banks Institutions covered, by type of institution 3

  4. Global Picture Vast majority are small institutions Institutions covered, by # active financing clients 4

  5. Global Picture Still a subsidized business Financing products: strong focus on Murabaha and Qardhassan Portfolio, by type of product (USD million) 5

  6. Challenges • Challenges remain… • Increasing transparency among providers • Allowing more institutions into the market • Offering More solutions • Understanding of demand • Scaling up P&L products • Standardizing models for sustainability • Sharing lessons and models • Regulating the industry • Increasing consumers awareness • Morale hazard • Adverse selection • Flexibility • And Affordability 6

More Related