Support for the Development of TPME Financing for an Islamic Bank
Client
A Full Islamic Bank
Period
08/2018 – 08/2019
Country
Mauritania
Project Context and Description
As part of the African Development Bank’s SME Program, an Islamic bank in Mauritania has benefited from a technical assistance program to support it in financing SMEs in the agriculture, livestock, and fisheries sectors.
In partnership with a European firm, AMEF Consulting has contributed to the implementation of the technical assistance program for the bank, covering several areas: market research, development strategy in the SME segment, Sharia-compliant financing and investment products, financing procedures and financing risk analysis tools, risk management and training.
Travaux réalisés
- Piloting the mission
- Institutional diagnosis of the Islamic bank and the development of the technical assistance action plan
- Organizing focus thematic groups: industrial fishing; artisanal fishing; agriculture and livestock; SMEs
- Study of the SME market, agriculture, livestock, and fishing
- Development of 5 Sharia-compliant products: Ijara, Salem; Mourabaha Istiradia; Istisnaa; Tawfir account
- Developing funding procedures
- Development of credit and liquidity policies
- Elaboration of job cards
- Training on Islamic finance instruments, financing risk analysis and customer relationship management.