South Sudan
geo/sudan
Location
7.0484235046166, 30.3662109375
Union of Arab Banks holds SME Forum next February in 200 Bankers' Presence
More than 200 key Arab bankers are discussing new ways to support and develop SMEs in a forum to be held by Union of Arab Banks in Khartoum, the capital of Sudan next February.
The forum - Small and Medium Enterprises: The Road to Economic Development and Social Justice - will take place on February 4-5, to discuss a greater role by Arab banks in funding SME sector for economic and social development.
Bank of Khartoum: Profit Sharing for Farmers
Bank of Khartoum, the oldest and largest bank in Sudan, was named a finalist in the Islamic Microfinance Challenge. The bank uses profit sharing as its model for working with farmers. Instead of collecting interest on loans, which would not be permitted by Sharia law, Bank of Khartoum receives a portion of farmers' profits when harvests are complete.
Policies & Regulation of Micro & Small Finance Sector in Sudan by Prof. Badr El Din A. Ibrahim, President, of the Microfinance Unit of the Central Bank of Sudan
This presentation outlines Central Bank of Sudan’s major Islamic micro-finance policies and strategies
to face the remaining challenges.
This presentation was given during a conference jointly organized by The Arab Monetary Fund and IFC on “Building a High Performance Small Medium Enterprise Business in the Arab World” on 7-8 May 2013 in Dubai, UAE.