AFRICA: IsDB and UNDP call for applications on sustainable Islamic finance

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AFRICA: IsDB and UNDP call for applications on sustainable Islamic finance©StreetVJ/Shutterstock

In a partnership with the United Nations Development Programme (UNDP), the Islamic Development Bank (IsDB) is launching an online course on Islamic finance for sustainable development. African candidates must apply by 1 August 2022.

How can Islamic finance institutions contribute to the implementation of the Sustainable Development Goals (SDGs)? The answer to this question will be given at the end of an online training course (MOOC) organised by the Islamic Development Bank (IsDB) via the Islamic Research and Training Institute (IRTI) based in the port city of Jeddah in Saudi Arabia.

The free training is targeted at financial sector professionals, government policy makers, private sector actors and civil society. The courses will start on 1 August 2022 and will be taught by 27 experts from 11 countries. Learners will be equipped with five modules, one of which will focus on the applications of microfinance in socio-economic empowerment.

The course is jointly organised with the United Nations Development Programme (UNDP) and is supported by the Istanbul International Centre for Private Sector Development (IICPSD) in Turkey, the Durham University Business School in the UK, and the IsDB’s Science, Technology and Innovation (STI) Fund.

This training on sustainable Islamic finance is open to all African countries like Cameroon. For the record, during the Islamic Finance Forum held in Cameroon in 2019, participants made several recommendations including the consideration of the SDGs in the approach to promote financing, the development of public-private partnerships (PPP) for the testing of Sukuks (Islamic bond, editor’s note) in Cameroon with the support of Nigeria, Senegal and Mauritania.

For more information on the call for applications, click here.

Benoit-Ivan Wansi

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