azerbaijan highlights more than 9.5 million population (98% muslims) secular state got independence...
TRANSCRIPT
![Page 1: AZERBAIJAN HIGHLIGHTS More than 9.5 million population (98% Muslims) Secular state Got independence after collapse of the Soviet Union Some limited Islamic](https://reader036.vdocuments.site/reader036/viewer/2022083004/56649dc05503460f94ab4fd5/html5/thumbnails/1.jpg)
AZERBAIJAN HIGHLIGHTS
• More than 9.5 million population (98% Muslims)
• Secular state• Got independence after collapse of the
Soviet Union• Some limited Islamic banking products
offered by banks • Absolute absence of Islamic Microfinance
despite of matured conventional microfinance sector
• Islamic Finance Law is under development
![Page 2: AZERBAIJAN HIGHLIGHTS More than 9.5 million population (98% Muslims) Secular state Got independence after collapse of the Soviet Union Some limited Islamic](https://reader036.vdocuments.site/reader036/viewer/2022083004/56649dc05503460f94ab4fd5/html5/thumbnails/2.jpg)
![Page 3: AZERBAIJAN HIGHLIGHTS More than 9.5 million population (98% Muslims) Secular state Got independence after collapse of the Soviet Union Some limited Islamic](https://reader036.vdocuments.site/reader036/viewer/2022083004/56649dc05503460f94ab4fd5/html5/thumbnails/3.jpg)
COMPANY HIGHLIGHTS
• 18 years of operations• More than 400 million USD disbursed since inception• 46 branches• 80 000 active clients• 83 million USD of portfolio• 720 staff• Regulated NBFI
![Page 4: AZERBAIJAN HIGHLIGHTS More than 9.5 million population (98% Muslims) Secular state Got independence after collapse of the Soviet Union Some limited Islamic](https://reader036.vdocuments.site/reader036/viewer/2022083004/56649dc05503460f94ab4fd5/html5/thumbnails/4.jpg)
COMPANY HIGHLIGHTS
• BBB+ Financial and BB+ Social Ratings• Certified on Client Protection by Smart
Campaign • Certified on Pricing Transparency• MIX S.T.A.R. MFI• MIX Platinum Reporter, 5 “diamonds”• Best Microfinance Company by International
Finance Magazine
![Page 5: AZERBAIJAN HIGHLIGHTS More than 9.5 million population (98% Muslims) Secular state Got independence after collapse of the Soviet Union Some limited Islamic](https://reader036.vdocuments.site/reader036/viewer/2022083004/56649dc05503460f94ab4fd5/html5/thumbnails/5.jpg)
Stakeholders of Conventional Microfinance providing added values
• Microfinance Investment Vehicles (MIVs)Funding resources, Financial intermediary services• MIX Market Access to quick and reliable reporting data/analysis• CGAP, Smart Campaign, SPTF Financial Education, Awareness Raising, Resource Centers, Social Performance Tools
![Page 6: AZERBAIJAN HIGHLIGHTS More than 9.5 million population (98% Muslims) Secular state Got independence after collapse of the Soviet Union Some limited Islamic](https://reader036.vdocuments.site/reader036/viewer/2022083004/56649dc05503460f94ab4fd5/html5/thumbnails/6.jpg)
We strongly believe, that introduction of added value tools will better integrate synergy among Islamic Microfinance stakeholders and will leverage further boost of global development of Industry.