5.2 Detailed description of assessment Coursework Project Report (50%) As a group of financial consultants you are required to conduct the following project.
· The First objective of this project is therefore to systematically analyze of the current status of Islamic financial services in a country of your choice and · to create a strategy for creating a new Islamic financial product or a new Islamic financial organization or process, · you can also offer a full strategy of expanding access for under-served markets, with particular focus on retail customers, or corporate customers. You are required to present a full business plan for your project. · You must show a strong ability to innovate in the Islamic finance sector.
· The project could be conducted through desk research, surveys, and interviews with relevant public and private institutions, government agencies, and other stakeholders. · The emphasis of the work would be on the access to finance issues surrounding retail or corporate in the country of your choice. The work is intended to create a tool with two interlinked components – (i) the assessment on access to Islamic finance and (ii) the strategic framework for creating/expanding access through Islamic finance. Outputs: The expected outputs of this project are as follows: Pilot tool for conducting access to Islamic finance assessments and to providing a full strategic framework for possible investor or policy recommendations to invest in your innovative concept of creating and diffusing a new organization/product/process through Islamic finance products and services. Comprehensive assessment of the Islamic financial markets in the chosen country and the potential for increasing access to finance through Islamic financial institutions, products, and services. Strategic framework for implementing the newly Islamic finance institution/product or process to enhance access to Islamic finance. Produce future recommendations for the key stakeholders, such as investors, policymakers.