Farz Foundation, WCMP to work together on Islamic Finance
The World Congress of Muslim Philanthropists (WCMP) and Pakistan’s Islamic microfinance institution Farz Foundation have singed a Memorandum of Understanding to further empower their partnership.
The two will work together in developing Shariah compliant, need based and market driven innovative products. They will also design the strategies to carry out the products' operations to kick start the Halal income generating cycle.
WCMP will copy Farz Methodology in Pakistan and outside, especially in the less developed Muslim countries.
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