Promotion of Islamic microfinance: AlHuda CIBE to conduct awards ceremony in Nairobi

To promote the Islamic Microfinance industry, AlHuda CIBE is conducting international awards so that the Islamic microfinance institutions are encouraged and those institutions that have worked hard for the promotion of Islamic microfinance.
The award ceremony will take place in Nairobi, the capital of Kenya, on November 09, 2016. Awards will be given in recognition to the services provided by the people in microfinance industry. Categories like best Islamic microfinance bank, best Islamic microfinance institution, best technology provider for Islamic microfinance, micro Takaful, best mobile banking product, best rural finance product and more are part of the awards.
Focusing on the main purpose of arranging this award ceremony, Muhammad Zubair Mughal, Chief Executive officer-AlHuda CIBE said that they want to promote Islamic microfinance. He said that awards are normally given in the fields of microfinance, Islamic banking, Takaful and others. AlHuda CIBE has taken this responsibility and has announced these awards on international level in 20 different categories, whose nominations will be received till October 30, 2016.
He further said that the award ceremony will be conducted along with the 6th Global Islamic Microfinance Forum which is going to be held on 8th and 9th November, 2016 in Kenya. Participants and speakers from more than 35 countries will be part of this forum so that final shape can be given to the policies and Shariah standards related to Islamic microfinance.