Objectives It has been felt strongly to explore the relevance of Islamic Financial Instruments for developing effective Microfinance Instruments and functional framework for Banks and NGOs. The need of the hour is to consolidate the valuable efforts of the scholars and practitioners to come up with a common understanding and agreed upon model of Islamic Microfinance.
Improved workflow Manual workflow Post all forms to Head Office Customer Profile form filled on paper in field Branch Manager Approval Customer Profile form filled electronically in field Manager Approval SMS/Email all forms to Head Office Head Office enters info to database Customer is approved! Customer is approved! Piles of extra paper and money gone to waste Goals
Improved workflow Manual workflow Annual auditing by Bank / NGO Copy of transaction record put in drop-box Book-keeping done locally Admin updates records & prints balances & dues Weekly collections Annual auditing by Bank / NGO Weekly collections Goals
Thank You CENTER OF ISLAMIC BANKING & ECNOMICS Head Office: 192- Ahmad Block, New Garden Town , Lahore, Pakistan Ph: +92-42-35913096-8, 35858990, 38407850 Fax: +92 -42-35913056E-mail : email@example.com Web: http://www.alhudacibe.com