IMFIs visions and missions
| No | Institution | Establishment | Vision | Mission |
|---|---|---|---|---|
| 1 | IIFC – Islamic Investment and Finance Cooperatives (Afghanistan) | 2009 | n/a | To provide quality technical assistance to the IIFCs in Afghanistan To build the capacity of the staff working at the IIFCs To do fundraising for the IIFCs To regulate and supervise the operations of the IIFCs To launch advocacy and conduct lobbying on behalf of the IIFCs |
| 2 | Mutahid (Afghanistan) | 2011 | To be a world-class financial services organization that provides products and value-added services to the economically challenged, helping them generate higher incomes, build an asset base and achieve a sustainably better standard of living | Mutahid Development Finance Institution mission is to offer financial services to, and create opportunities for, Afghan entrepreneurs, through an operationally self-sustainable, innovative, development finance institution |
| 3 | FINCA (Afghanistan) | 2004 | To build a global network of sustainable and scalable social enterprises that improve lives worldwide | To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living |
| 4 | Family Bank (Bahrain) | 2008 | Providing good and varied financial services available to the poor and economically active in their location and in accordance with their circumstances, contributing to improving their living conditions and enabling them to contribute effectively to development | Provide continuous financial services that meet the requirements of the poor in terms of simplified and flexible procedures, easy guarantees, geographical presence and appropriate pricing to enable the poor to engage in economic activities that will bring them out of poverty |
| 5 | Muslim Aid Bangladesh | 1991 | Our vision is the alleviation of poverty, education for all, and for the provision of basic amenities for those in need; in order to create a world where charity and compassion produce justice, self-reliance and human development | Muslim Aid, a premier British Muslim relief and development agency, guided by the teachings of Islam, endeavours to tackle poverty and its causes by developing innovative and sustainable solutions that enable individuals and their communities to live with dignity and by supporting initiatives that promote economic and social justice |
| 6 | Islami Bank Bangladesh | 1983 | Our vision is to always strive to achieve superior financial performance, be considered a leading Islamic Bank by reputation and performance | To establish Islamic Banking through the introduction of a welfare oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development in through diversified investment operations particularly in the priority sectors and less developed areas of the country To encourage socio-economic upliftment and financial services to the loss-income community particularly in the rural areas |
| 7 | Islamic Relief Bangladesh | 1991 | We envisage a caring world where communities are empowered, social obligations are fulfilled and people respond as one to the suffering of others | Exemplifying Islamic values, Islamic Relief will mobilise resources, build partnerships, and develop local capacity, as the organizations works to: Enable communities to mitigate the effect of disasters, prepare for their occurrence and respond by providing relief, protection and recovery. Promote integrated development and environmental custodianship with a focus on sustainable livelihoods. Support the marginalized and vulnerable to voice their needs and address root causes of poverty |
| 8 | Prva Islamska Mikrokreditna (Bosnia Herzegovina) | 2001 | To help many BiH citizens improve their living standards | |
| 9 | BMT Ventura (Indonesia) | Become the main player of financial services for micro, small and medium enterprises through BMT network | Participate and realize productive society Utilize investment to develop micro, small and medium entrepreneurs so that investment is more productive Participate in developing and developing sharia economic system Encourage the creation of superior performance BMT Utilize investment to develop micro-entrepreneurs | |
| 10 | MBK Ventura (Indonesia) | 2006 | To improve the lives of significant numbers of households who find themselves at the bottom of 25% of the population by income in Indonesia | To provide access to formal and cost-effective working capital to significant numbers of low-income women who are unbanked at the moment, particularly in rural areas and small town, in an earnest, fair and efficient manner |
| 11 | Al-Takadum (Iraq) | 2007 | Serving communities through strategies for delivering locally acceptable loan products, filling an unmet market gap by larger players | n/a |
| 12 | Al-Thiqa (Iraq) | 2004 | To participate in rebuilding Iraq’s economy by providing transparent financial services to micro and small enterprises and low-income households in Iraq | n/a |
| 13 | FINCA (Jordan) | 2007 | To be an unconventional community-based bank that profitably and responsibly provides innovative and impactful financial services to enable low-income individuals and communities to invest in their futures | To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living |
| 14 | START Microfinance (Jordan) | n/a | n/a | n/a |
| 15 | Al-Majmoua (Lebanon) | 1994 | Our vision is to be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services | Our mission is to promote sustainable development by improving the economic and social conditions of low-income individuals, especially micro-entrepreneurs and women, through the provision of financial and non-financial services, all over Lebanon |
| 17 | Amanah Ikhtiar Malaysia | 1987 | To be complementary agents of poverty eradication programs of the Government under the National Development Policy | |
| 18 | Ukhuwat (Pakistan) | 2001 | A poverty free society built on the principles of compassion and equity | To alleviate poverty by empowering socially and economically marginalized families through interest free microfinance and by harnessing entrepreneurial potential, capacity building and social guidance |
| 19 | Wasil (Pakistan) | 1992 | Economic Empowerment through Islamic microfinance | To support the poor break out of the poverty cycle by providing them with Islamic financial services, business development services, advocating their rights, safety nets and skills training |
| 20 | Family Bank (Sudan) | 2008 | Providing good and varied financial services available to the poor and economically active in their location and in accordance with their circumstances, contributing to improving their living conditions and enabling them to contribute effectively to development | Provide continuous financial services that meet the requirements of the poor in terms of simplified and flexible procedures, easy guarantees, geographical presence and appropriate pricing to enable the poor to engage in economic activities that will bring them out of poverty |
| 21 | Pased (Sudan) | 2000 | n/a | To improve the livelihoods of the low-income segments of the economically active people through increased access to financial and non-financial services in a sustainable manner and in line with the good practices |
| 22 | Jabal al-Hoss (Syria) | 2000 | n/a | To finance employment-generating small and micro enterprise |
| 23 | Al Amal (Yaman) | 2009 | To offer inclusive financial services for all Yemenis | To improve the economic and social conditions of the Yemeni low/limited income households, particularly, the micro and small entrepreneurs of Yemen, through the direct and indirect provision of exemplary financial services that suit their needs and to become a pioneer and sustainable microfinance institution |
| 24 | Bab Rizq Jameel (Egypt) | 2003 | We aspire to give everybody the chance to help to build a better world | We give people the power to improve their lives and the lives of those around them |
| 25 | Abyan (Yemen) | 2003 | Improve the income of the poor families in Abyan governorate specially women through introducing financial services for the clients | n/a |
| No | Institution | Establishment | Vision | Mission |
|---|---|---|---|---|
| 1 | IIFC – Islamic Investment and Finance Cooperatives (Afghanistan) | 2009 | n/a | To provide quality technical assistance to the IIFCs in Afghanistan To build the capacity of the staff working at the IIFCs |
| 2 | Mutahid (Afghanistan) | 2011 | To be a world-class financial services organization that provides products and value-added services to the economically challenged, helping them generate higher incomes, build an asset base and achieve a sustainably better standard of living | Mutahid Development Finance Institution mission is to offer financial services to, and create opportunities for, Afghan entrepreneurs, through an operationally self-sustainable, innovative, development finance institution |
| 3 | FINCA (Afghanistan) | 2004 | To build a global network of sustainable and scalable social enterprises that improve lives worldwide | To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living |
| 4 | Family Bank (Bahrain) | 2008 | Providing good and varied financial services available to the poor and economically active in their location and in accordance with their circumstances, contributing to improving their living conditions and enabling them to contribute effectively to development | Provide continuous financial services that meet the requirements of the poor in terms of simplified and flexible procedures, easy guarantees, geographical presence and appropriate pricing to enable the poor to engage in economic activities that will bring them out of poverty |
| 5 | Muslim Aid Bangladesh | 1991 | Our vision is the alleviation of poverty, education for all, and for the provision of basic amenities for those in need; in order to create a world where charity and compassion produce justice, self-reliance and human development | Muslim Aid, a premier British Muslim relief and development agency, guided by the teachings of Islam, endeavours to tackle poverty and its causes by developing innovative and sustainable solutions that enable individuals and their communities to live with dignity and by supporting initiatives that promote economic and social justice |
| 6 | Islami Bank Bangladesh | 1983 | Our vision is to always strive to achieve superior financial performance, be considered a leading Islamic Bank by reputation and performance | To establish Islamic Banking through the introduction of a welfare oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development in through diversified investment operations particularly in the priority sectors and less developed areas of the country To encourage socio-economic upliftment and financial services to the loss-income community particularly in the rural areas |
| 7 | Islamic Relief Bangladesh | 1991 | We envisage a caring world where communities are empowered, social obligations are fulfilled and people respond as one to the suffering of others | Exemplifying Islamic values, Islamic Relief will mobilise resources, build partnerships, and develop local capacity, as the organizations works to: Enable communities to mitigate the effect of disasters, prepare for their occurrence and respond by providing relief, protection and recovery. Promote integrated development and environmental custodianship with a focus on sustainable livelihoods. Support the marginalized and vulnerable to voice their needs and address root causes of poverty |
| 8 | Prva Islamska Mikrokreditna (Bosnia Herzegovina) | 2001 | To help many BiH citizens improve their living standards | |
| 9 | BMT Ventura (Indonesia) | Become the main player of financial services for micro, small and medium enterprises through BMT network | Participate and realize productive society | |
| 10 | MBK Ventura (Indonesia) | 2006 | To improve the lives of significant numbers of households who find themselves at the bottom of 25% of the population by income in Indonesia | To provide access to formal and cost-effective working capital to significant numbers of low-income women who are unbanked at the moment, particularly in rural areas and small town, in an earnest, fair and efficient manner |
| 11 | Al-Takadum (Iraq) | 2007 | Serving communities through strategies for delivering locally acceptable loan products, filling an unmet market gap by larger players | n/a |
| 12 | Al-Thiqa (Iraq) | 2004 | To participate in rebuilding Iraq’s economy by providing transparent financial services to micro and small enterprises and low-income households in Iraq | n/a |
| 13 | FINCA (Jordan) | 2007 | To be an unconventional community-based bank that profitably and responsibly provides innovative and impactful financial services to enable low-income individuals and communities to invest in their futures | To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living |
| 14 | START Microfinance (Jordan) | n/a | n/a | n/a |
| 15 | Al-Majmoua (Lebanon) | 1994 | Our vision is to be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services | Our mission is to promote sustainable development by improving the economic and social conditions of low-income individuals, especially micro-entrepreneurs and women, through the provision of financial and non-financial services, all over Lebanon |
| 17 | Amanah Ikhtiar Malaysia | 1987 | To be complementary agents of poverty eradication programs of the Government under the National Development Policy | |
| 18 | Ukhuwat (Pakistan) | 2001 | A poverty free society built on the principles of compassion and equity | To alleviate poverty by empowering socially and economically marginalized families through interest free microfinance and by harnessing entrepreneurial potential, capacity building and social guidance |
| 19 | Wasil (Pakistan) | 1992 | Economic Empowerment through Islamic microfinance | To support the poor break out of the poverty cycle by providing them with Islamic financial services, business development services, advocating their rights, safety nets and skills training |
| 20 | Family Bank (Sudan) | 2008 | Providing good and varied financial services available to the poor and economically active in their location and in accordance with their circumstances, contributing to improving their living conditions and enabling them to contribute effectively to development | Provide continuous financial services that meet the requirements of the poor in terms of simplified and flexible procedures, easy guarantees, geographical presence and appropriate pricing to enable the poor to engage in economic activities that will bring them out of poverty |
| 21 | Pased (Sudan) | 2000 | n/a | To improve the livelihoods of the low-income segments of the economically active people through increased access to financial and non-financial services in a sustainable manner and in line with the good practices |
| 22 | Jabal al-Hoss (Syria) | 2000 | n/a | To finance employment-generating small and micro enterprise |
| 23 | Al Amal (Yaman) | 2009 | To offer inclusive financial services for all Yemenis | To improve the economic and social conditions of the Yemeni low/limited income households, particularly, the micro and small entrepreneurs of Yemen, through the direct and indirect provision of exemplary financial services that suit their needs and to become a pioneer and sustainable microfinance institution |
| 24 | Bab Rizq Jameel (Egypt) | 2003 | We aspire to give everybody the chance to help to build a better world | We give people the power to improve their lives and the lives of those around them |
| 25 | Abyan (Yemen) | 2003 | Improve the income of the poor families in Abyan governorate specially women through introducing financial services for the clients | n/a |
Source: Websites of each MFI
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.