Expression of Interest For Formulate A Comprehensive Study On Developing Risk-Sharing Financial Solutions Fo ... in Saudi Arabia

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Expression of Interest for Formulate a Comprehensive Study on Developing Risk-Sharing Financial Solutions for Startups in Civil Law Jurisdictions Interested consultants may obtain further information at the address below during office hours; 8:30 to 16:30 hours Jeddah Local Time. Project title Developing Risk-Sharing Financial Solutions for Startups in Civil Law Jurisdictions There has been a growing demand in recent years for ethical and social content in the economic and financial sectors. This trend aligns with the broader ESG movement and specific SDG objectives. In this context, Islamic finance can provide the ethical component often lacking in conventional finance. The project has the following deliverables: Review existing risk-sharing financing solutions for startups in Europe and analyze their alignment and potential conflicts with Islamic finance principles. Investigate viable risk-sharing solutions within civil law systems, with a particular emphasis on the European legal framework, one EU country may be used as a muster and example. Develop a Shariah-compliant contract model for risk-sharing financing of startups that fits within European legal frameworks and can be adapted for use in other EU countries and civil law nations, such as those in North Africa and the Gulf. Assess the potential of the proposed model as a financing solution that extends beyond startups to support entrepreneurship more broadly. Perform An external Shariah Review of the study. Selection of the reviewer is subject to close work and non-objection of IsDBI Organize Workshop/ Seminar for the purpose of the study The draft TOR for the assignment is attached to Annex-1. IsDBI now invites eligible consulting firms (Consultants) to indicate their interest in providing the listed services in the draft TOR. Interested Consultants must provide specific information that demonstrates that they are fully qualified to perform the services (availability of appropriate experience and skillful staff confirmed by brochures, description of similar assignments in analogous conditions, etc.) including expertise in developing similar training packages as well as working experience with Central Banks and other related regulatory institutions. Tender Link : https://www.isdb.org/project-procurement/tenders

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