The 2nd National Islamic Microfinance Conference Pakistan 2012

The 2^nd National Islamic Microfinance conference Pakistan    2012, will be held on Feb. 2012 in Lahore

Lahore: Farz Foundation announces The second National Islamic Microfinance Conference Pakistan 2012. The tentative date given by the organization is the February 2012. It will take place in Lahore Pakistan. The theme of this year’s conference is “ Halal investment in Livestock through Islamic Microfinance for poverty alleviation and profitability”. in Pakistan/ Muslim countries: Challenges of the Past and Opportunities of the Future”. Over the course of three days, more than 300 participants are expected to  have the opportunity to learn from expert panelists and share individual experiences through sessions, mini-trainings, and workshops designed under three different tracks; risk management, responsible finance, and product development and innovation.

The main objective of the conference is to analyze the opportunity of Halal investment in livestock sector by scaling up the business through Islamic Microfinance.  It is another trail blazing initiative by the Farz Foundation, which has laid the foundation of not only institutionalizing livestock business but has opened up a structured investment avenue for those institutional and individual investors, who are looking for investment channels that provide safe, profitable and Shariah compliant mode of investment, which is duly backed by a reputed SECP registered organization.

The livestock sector expected rate of return is highly competitive when compared to other sectors, and as I see it, with institutional entry into this sector the returns may exceed expectations given the huge livestock products local and export market potential.

Institutional intervention was a dire need of this sector in whose absence this sector's potential was not being optimally exploited. Furthermore, with institutional intervention this sector that has strong backward and forward linkages will strengthen SME sector in due course and will provide Fraz Foundation in particular an edge to fully exploit inherent supply management potential.

 This is exactly the way forward and the most effective approach to alleviate poverty. Solutions that emerge from local traditions and our own historical, cultural and religious knowledge base have the strength of potent accumulated wisdom that ensures instant mass appeal and acceptability at the grass root level; combine this with latest management systems and Islamic financial modes, which the Farz Foundation has developed as an organizational skill mix.

The conference would likely to open a headway of social, Halal business. The researchers, practitioners, professionals and investor are being invited to speak, to share their experiences, to discuss the challenges, to develop networks and plan their strategies for tapping the huge potential market of livestock.  The interested persons can contact by mailing at conference@farzfoundation.org