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International Conference onIslamic Microfinance Organized By : CENTER OF ISLAMIC BANKING & ECNOMICS Held At: Faisal Auditorium Islamabad - Pakistan
Information Technology   as a tool in strengthen Islamic Microfinance
Outline ,[object Object]
Technology in support to IMF (Islamic Microfinance)
Problem Areas in Manual Processing
Models Representation
Web application overview,[object Object]
Technology in Support to IMF ,[object Object]
 Relevant customer info updated in system are automatically populated into Credit System
 Web based configurable parameter driven Credit system with fully integrated end to end workflows
 Online Decisioning (Approve/Reject/Return)
 Auto-SMS/ Email blast on the decision of application
 Credit information retained in the system,[object Object]
 Poor quality of financial data
 No aggregate record ,[object Object]
 Improve client data quality  Results ,[object Object]
 Relative efficiencyMethods ,[object Object]
 Data transmission via SMS/Email
 Automatic upload of data into database using a smart phone  SMS-Server / Email-Server,[object Object]
 No aggregate recordImproved workflow Manual workflow Annual auditing by Bank / NGO Copy of transaction record put in drop-box  Book-keeping done locally  Admin updates records & prints balances & dues Weekly collections Annual auditing by Bank / NGO Weekly collections Goals ,[object Object]

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