Marifa Academy · India

Islamic Microfinance & SMEsAn Open Dialogue

An open dialogue on Islamic microfinance, SME financing, frameworks and institutional structures in India.

Date
Saturday, 22 August 2026
Format
One-day open discussion
Venue
White House Garden, Shamshabad, Hyderabad
View location

India is home to one of the world's largest Muslim populations, yet Islamic microfinance and Shariah-compliant SME financing here remain nascent and fragmented. This dialogue lets practitioners and researchers examine issues, challenges, frameworks and institutional structures — and identify where collaboration is most needed.

1

Short Expert Presentation

Each theme opens with a 15–20 minute presentation by a topic expert, setting context and sharing views.

2

Open Floor Discussion

The floor then opens to all participants — academicians and professionals discuss the topic and share their own experience.

Themes of the Dialogue

01

Islamic Microfinance Models

Qard al-Hasan, Mudarabah, Murabaha, Ijarah and group-lending adapted for Shariah-compliant microfinance.

02

SME Financing Challenges

Shariah-compliant working capital and collateral-free credit access for small and medium enterprises.

03

Regulatory & Legal Framework

Absence of a dedicated Islamic banking law; RBI norms, NBFC-MFI and cooperative routes for Shariah-compliant financing.

04

Institutional Structures

Baitul Maal, NBFC-MFIs, cooperatives and companies as vehicles for Shariah-compliant microfinance delivery.

Schedule

  • 10:00 – 11:30 AMSession 1
  • 11:30 – 11:45 AMTea Break
  • 11:45 AM – 1:00 PMSession 2
  • 1:00 – 2:00 PMPrayer & Lunch
  • 2:00 – 3:30 PMSession 3
  • 3:30 – 4:00 PMTea Break
  • 4:00 – 5:00 PMSession 4

Panelists

Portrait of Dr. Shariq Nisar

Dr. Shariq Nisar

Professor · Ex-Visiting Fellow, Harvard Law School

Portrait of Ikram Rahman Falahi

Ikram Rahman Falahi

Head of Shariah Structuring, Abu Dhabi Islamic Bank

Portrait of Zaid Rizvi

Zaid Rizvi

Rehbar Financial Services

Portrait of Iqbal Husain Khan

Iqbal Husain Khan

Regional Coordinator, Sahulat Microfinance Society

Portrait of Mohammed Imad Ali

Mohammed Imad Ali

Founder, Marifa Academy

Registration

RSVP for the dialogue

Seats are limited. Share your details and we will confirm your place at the open dialogue on 22 August 2026.