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ISLAMIC FINANCE: AN ALTERNATIVE SOURCE OF FUNDING HEALTHCARE INFRASTRUCTURE

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The Summit will promote a more critical and informed discussions on a topic of growing relevance –Islamic Finance and Healthcare- in Africa.

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As an organization committed to fostering the Islamic paradigm of economic development in Africa, the Africa Islamic Economic Foundation (AFRIEF), in collaboration with Glocal Healthcare Services Private Limited, is organizing a two-day Virtual Summit on September 14th–15th, 2021 on a topic of growing relevance in recent years: Islamic Finance: an Alternative Source of Funding Healthcare Infrastructure in Africa.

The theme of the event is: Transforming Healthcare Infrastructure in Africa. The goal of the Summit is to explore a realistic alternative approach to financing healthcare infrastructure in Africa. The event, therefore, provides a platform for leading Islamic finance and healthcare scholars and academics, key stakeholders, policymakers, researchers, students, investors, healthcare practitioners and other leaders of society from within Africa and beyond to present and discuss the most recent innovations, trends, as well as critically examine the purposes, theory, practice, structure, and institutions of the rapidly developing field of Islamic finance and how it can support the development of healthcare in Africa.

No doubt, given its emphasis on risk-sharing, linkages to real economic activities, partnership-based and equity-focused approaches, widened geographic reach and the rapid expansion of its global assets in Muslim and non-Muslim countries, Islamic finance possesses the unique potential to serve as a potent tool for mobilizing as yet untapped sources of liquidity to support strategies for revitalizing primary healthcare in Africa.

TOPICS TO BE DISCUSSED

It is difficult to invite papers on a precise list of topics in a virtual Summit of this nature; it would be equally difficult to organize a program of systematic discussions without some written papers and presentations. Submissions are however, invited from a number of perspectives. The list below is an indication of the areas which topics of papers or presentations, empirical or theoretical can cover.

• An Overview of Africa’s Healthcare Sector

• Digitizing Healthcare: Opportunities for Africa

• Healthcare Infrastructure Development in Africa: an essential strategy to achieving Universal Health Coverage (UHC) and Sustainable Development Goals (SDGs).

• Reimagining Health Economics: The Islamic Perspectives

• The Global Islamic Finance Market.

• Islamic Finance Structures for Healthcare Infrastructure Projects. (Ijarah, Murabahah, Istisna’, Musharakah, Mudarabah, Sukuk,Takaful)

• Islamic Social Finance Instruments (Zakat, Waqf, Qard Hassana and Sadaqa)

• Public-Private Partnership (PPP) and Healthcare Infrastructure Development.

• Islamic Financing of Healthcare Infrastructure in Africa: Opportunities and Challenges.

• Case Studies

PROJECT PRESENTATION AND NETWORKING

The event presents a high level platform for countries, corporate bodies and entities, investors and entrepreneurs, government officials and policy makers to meet prospective investors and partners from regional and overseas participants for networking and investment opportunities in the healthcare sector.

SPEAKER PROFILE

(To be announced soon).

https://events.afrief.org/

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Organizer Africa Islamic Economic Foundation

Organizer of ISLAMIC FINANCE: AN ALTERNATIVE SOURCE OF FUNDING HEALTHCARE INFRASTRUCTURE

We are an independent development organization that provides a distinctive Islamic perspective on economic development and social issues as a solution framework for Africa’s economic, social and environmental challenges. We are registered in the republic of Ghana as a non-profit, and our work encompasses a range of advisory, research, policy development and field-building activities to unlock the potential of Halal finance and private capital to drive inclusive economic growth and development in Africa. We set the benchmark on public policy and economic development by drawing together the most innovative thinking available from some of the world’s foremost experts and applying that thinking to the challenges facing Africa. Working in close collaboration with its strategic partners in a number of key African countries, AFRIEF networks with individuals, Governments, public and private sector organizations to promote the asset-based paradigm of economic development in Africa. It also acts as a unique catalyst for partnerships across public, private and social sectors by mobilizing financial and human resources to confront Africa’s social needs and offers information and resources to link investors with investment opportunities in Africa.

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