We submitted the paper we will present on April 18, 2008 at the pre-forum event before the 8th Annual Forum on Islamic Finance at Harvard University. It is titled "The Development and Implementation of Shari'ah-based Microfinance Using the Grameen Group Financing Methodology"

Abstract

Our paper, "The Development and Implementation of Shari'ah-based Microfinance using the Grameen Group Financing Methodology" will be presented at a pre-forum event on April 18, 2008.

The abstract we submitted for the Harvard University Forum on Islamic Finance was accepted and we will present it at a pre- or post-forum workshop. The acceptance of our paper is a significant honor and we look forward to sharing our insight and experience implementing the model in Sri Lanka with the workshop participants.

Dr. Ehsan Feroz, Blake Goud and Mohammad Rahman submitted an idea for a paper for presentation at the 2008 bi-annual Harvard University Forum on Islamic Finance. The paper will be a model for non-profits looking to establish a profit-and-loss sharing microfinance program.

We added a description of the cost-plus sale with deferred repayment to the Products page. The description provides a detailed overview based on our procedure and may change once we begin piloting the product in Sri Lanka later this year. Comments can be directed to info@halalmicrofinance.org

The Institute of Halal Investing introduced a website following the development of an equity-based model of microfinance inspired by the products created by Islamic financial institutions.

This website will provide draft and completed documents about the equity-based microfinance model and data on its effectiveness as it becomes available.