REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTANT SERVICES – SELECTION OF FIRMS)

 

Organization: Islamic Chamber of Commerce and Development (ICCD)

Project Name: Develop Shariah-Compliant Operational Guidelines for Islamic Microfinance Institutions in the G5 Sahel Countries (Mauritania, Mali, Burkina Faso, Niger, and Chad)

Sector: Islamic Finance and Islamic Microfinance

Mode of Financing: Islamic Finance Grant

Financing No:  ZZZ2861

 

The Islamic Development Bank Institute has approved grant financing to provide technical assistance (TA) toward the cost of the “Islamic Finance Grant to ICCD to Develop Shariah-Compliant Operational Guidelines for Islamic Microfinance Institutions in the G5 Sahel Countries (Mauritania, Mali, Burkina Faso, Niger, and Chad)” in helping the ICCD establish and operate a business model for Islamic microfinance by preparing a full set of operational manuals. Under the guidance of the IsDB and OIC, this initiative aims to create a permanent regional framework for Islamic microfinance operations.

The main objective of this engagement is to help the ICCD establish and operate a business model for Islamic microfinance by preparing a full set of operational manuals. These manuals are conceived as a scalable blueprint for the G5 Sahel countries, designed for immediate applicability and minimal local adjustment, and positioned as a regional reference asset under IsDB and OIC stewardship. This project aims to fill a critical void in the Islamic microfinance sector by providing standardized operational frameworks, including detailed procedures for Islamic contracts, risk management, governance, and digital integration. The approach ensures broad applicability and relevance across the Sahel region and other OIC member states. The scope outlined herein will be fully reflected in the forthcoming RFP. The IsDBI Microfinance Toolkit (five modules: Concept, Business Models & Products; Establishing a Shariah-Compliant Entity; Integrating Islamic Finance into Agricultural Value Chains; Monitoring and Evaluating Performance and Outcomes; Regulations and Supervisory Guidelines) provides the conceptual foundation; this project translates it into country-specific, actionable operational systems.

The draft Terms of Reference (ToR) for the assignment is attached to Annex-1.

The ICCD now invite eligible consulting firms (“Consultants”) to indicate their interest in providing the services. Interested International Consultants from IsDB Member Countries (ICB/MCs) must provide specific information which demonstrates that they are fully qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.).

Experience in the following area or tasks shall be the minimum requirement for the assignment: Preparation of Develop Shariah-Compliant Operational Guidelines for Islamic Microfinance Institutions (Consultant qualifications can be found in Annex-1). Consultants may associate with other firms to enhance their qualifications but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected. The firm should demonstrate capabilities and experience in delivering the expectations outlined in the draft ToR in Annex 1.

The attention of interested Consultants is drawn to Part 01, Chapter 01, Paragraphs 1.12.1 and 1.12.2 of the Guidelines for Procurement of Consultancy Services under Islamic Development Bank Project Financing, April 2019, revised in February 2023 (the “Procurement Guidelines”), setting forth IsDB’s policy on conflict of interest, available at https://www.isdb.org/project-procurement/documents.   

Consultants may associate with other firms to enhance their qualifications but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.

 

A consultant will be selected in accordance with the Consultant Qualifications Selection (CQS) method as set out in the Procurement Guidelines.

 

Interested consultants may obtain further information at the address below during office hours; 9:00 to 17:00 hours Cairo Local Time.

 

Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) by the date of 16 March 2026.

 

The Islamic Chamber of Commerce, Development (ICCD)

Attention: Dr. Mohamed Ibrahim     

Address: 7A Corniche El Maadi, Dallah Tower, Second floor, Maadi, Cairo, Egypt

Tel: +20 100 179 0936

E-mail: m.ibrahim@iccia.com  

Website: https://www.iccdgobal.com