8.00 AM - 6.00 PM

Dhaka, Bangladesh

Day 1
8.00 AM Arrival of Guests & Registration
9.30 AM Opening Ceremony
10.00 AM Refreshments / Informal Networking
11.00 AM Session 1 | Connecting Humanity: Zakat and Economic Justice
A fundamental concept of the economic justice system in Islamic society is the obligation of Zakat. The payment of zakat establishes a direct link between the privileged and those in need in society, but is also a pragmatic step to set some limits around inequality.
This session will discuss:

  • The management and use of zakat
  • The need for transparency and accountability of institutions that manage and distribute zakat collection
  • The expansion of the definition of purpose for which zakat can be used
  • The emerging innovative models of zakat for development and how they differ from traditional practice
12.30 PM Lunch / Informal Networking
2.00 PM Session 2 | From Charity to Social Change: Emerging Trends in Waqf
A waqf is considered a trust asset, where the role of the trustee is to look after the asset, such as real estate, shares, books etc., and ensure its perpetuity for the beneficiaries. Awqaf assets have the potential to generate benefits for the public and contribute towards wealth and prosperity.
The session will discuss:

  • The challenges and prospects of harnessing waqf potential
  • Contemporary trends in the development of waqf assets
  • The changing role of waqf in the socio-economic development of the Ummah
3.30 PM Session 3 | Scaling up Islamic Microfinance: Prospects and Challenges
The potential of Islamic microfinance as a tool for financial inclusion for Muslims is undeniable. As of 2014, the Islamic finance industry stood at USD2 trilion, with Islamic banking making up 78% of the total. The global volume of the Islamic microfinance industry is, however, under 1% of this amount, totaling around USD1 billion.
This session will discuss:

  • The current status and future potential of Islamic microfinance
  • Funding challenges of Islamic microfinance institutions and the role of funding agencies in the development of the industry
  • Innovation and development in Islamic microfinance
  • Zakah, waqf and co-operative models for Islamic microfinance
5.00 PM End of WIEF Roundtable
Refreshments/Informal Networking
5.30 PM WIEF VIP Closed Door Session
Day 2 | Trip to Port City of Chittagong (OPTIONAL PROGRAMME)
6.30 AM Departure from Hotel in Dhaka
7.30 AM Flight Leaving Dhaka
9.00 AM Arrive in Chittagong
10.30 AM Site Visit 1
Zakat Project managed by the Centre for Zakat Management and AK Khan Foundation
1.00 PM Lunch
10.30 AM Site Visit 2
1. Skills Development Institutions for Underprivileged Children and Youth
2. Rehab Centre for Physically Challenge
3.30 PM Refreshments
5.00 PM Flight Back to Dhaka