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DTSTART;TZID=Europe/Moscow:20220620T130000
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SUMMARY:CIBAFI Webinar on "Women's Economic Empowerment: The Role of Islamic Financial Institutions in Bridging Existing Gaps".
DESCRIPTION:Women’s empowerment is essential to enable the participation of women in the development of the different life aspects\, socially\, politically\, and economically. In addition\, empowering women economically is essential to achieving economic prosperity. This can be attained by two key means: increasing women’s access to financial services and enabling their contribution to the workforce. \nEfforts were made over the years to empower women and equip them with the necessary skills and provide equal access to opportunities. However\, more work is needed to meet the existing gaps in women’s financial inclusion and participation in the labour force. For example\, according to research\, it is estimated that around 1 billion women still do not have access to formal financial services1. It is also reported that women represented only 39.2% of the total global labour force in 20212\, with their representation usually decreasing with the increase in the seniority positions. The effects of Covid-19 have further exacerbated these issues\, expected to widen existing gender gaps. \nFinancial institutions can play an important role in empowering women and filling existing gaps. This is through offering tailored financial services and digital offerings that consider women’s needs and increase their access to finance. Financial institutions may also contribute by increasing women’s workplace representation and creating accommodative environments for their progress. Islamic finance presents an increased opportunity to pave the way for women’s economic empowerment through its values that support equality and wealth creation. \nIn this webinar\, CIBAFI aims to bring together experts to discuss women’s economic empowerment and the role of Islamic financial institutions (IFIs) in its attainment. The webinar will look at understanding the critical enablers of women’s economic empowerment and the barriers that hinder its achievement. It will also dive into the tools for IFIs to achieve women’s economic empowerment and the opportunities this provides for economic and sustainable development. \n\n\n\n\n\n13:00 – 13:10 Welcoming / Opening Remarks \n13:10 – 13:30 Keynote Speech \n13:30 – 13:40 Presentation of the Findings of the GIBS 2022 Report \n13:40 – 14:40 Exploring the Role of Islamic Financial Institutions in Achieving Women’s Economic Empowerment \n\n\n\nUnderstanding Women’s Economic Empowerment: Its Role in Sustainable Development.\nIslamic Finance’s Values as a Driver for Women’s Empowerment.\nTailoring Islamic Financial Products and Services to the Female Market.\nEmpowering the Women Workforce in IFIs: Strategies\, Leadership\, and Professional Empowerment.\nBeyond Customers and the Workforce: The Role of Philanthropy and Corporate Social Responsibility Initiatives.\n\n14:40 – 14:55 Questions and Answers Closing \n14:55 – 15:00 Closing \nLearn More: http://lnkd.in/d5Hqn343
URL:https://gifiip.org/event/cibafi-webinar-on-womens-economic-empowerment-the-role-of-islamic-financial-institutions-in-bridging-existing-gaps/
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DTSTART;TZID=Europe/Moscow:20260331T080000
DTEND;TZID=Europe/Moscow:20260331T170000
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SUMMARY:UNDP Delegate Contributed to the OECD netFWD Annual Meeting
DESCRIPTION:The annual meeting of the OECD Network of Foundations Working for Development (netFWD) was held on 25–26 March 2026 at the OECD Headquarters in Paris under the theme “Data and Evidence‑based Philanthropy for a post‑FfD4 Development Reality.” The meeting also marked the launch of the third edition of the Private Philanthropy for Development report\, which highlighted the anticipated decline in Official Development Assistance (ODA) by 9–17% in 2026 and underscored the growing need for philanthropy to play a more strategic role in complementing development finance alongside governments\, development finance institutions\, and multilateral development banks. \nThe meeting’s agenda featured the presentation of new global philanthropic data\, discussions on philanthropy’s role in blended finance and multisectoral solutions\, strengthening collaboration with development finance actors\, and exploring innovative funding strategies in education\, health\, climate\, and gender equality. Participants also emphasized expanding the scope of philanthropy to include community giving and improving data collection practices amid declining ODA levels. \nA prominent parallel session on health and climate brought together global experts to discuss “how philanthropy can partner with other actors to advance multisectoral solutions aligned with national priorities.” The session featured a delegation from the the General Authority for Awqaf (GAA)\, Saudi Arabia including Dr. Bandar Alamer\, Mr. Tufeeq Alghamdi\, and Mr. Sultan Alhowymel\, alongside Dr. Muniruddeen Lallmahamood from UNDP’s Istanbul International Center for Private Sector in Development (ICPSD). The delegation highlighted the innovative role of Awqaf in financing and supporting health and climate initiatives in alignment with Saudi Vision 2030 and the conditions set by endowers. \nThe participation highlighted the contribution of Awqaf as a sustainable mechanism for financing health and climate‑resilience solutions. Notably\, 16% of the SAR 1.1 billion Waqf cash investment funds in Saudi Arabia has been allocated to the health sector\, leveraging Islamic finance principles and social impact investing to empower underserved communities and bridge gaps in healthcare access and climate adaptation. \nParticipants reaffirmed the growing need for complementary sources of development finance and stronger collaboration across actors in light of declining ODA\, noting that Awqaf investments in health infrastructure and climate projects serve as catalysts for holistic\, cross‑sector impact. \nUNDP and KSA General Authority for Awqaf Delegates Spotlight the Role of Awqaf in Health and Climate at the OECD netFWD Annual Meeting | United Nations Development Programme \n 
URL:https://gifiip.org/event/undp-delegate-contributed-to-the-oecd-netfwd-annual-meeting/
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