Awqaf Investments In The SME Sector In South Africa

Transcription

1. Conference  on  "Innova-ve  Sources  to   Finance  Small  and  Medium-­‐Sized   Enterprises",  16-­‐17  February  2010,     Dubai.     AWQAF  INVESTMENTS  AND  THE     SME  SECTOR  IN  SOUTH  AFRICA   Models,  Case  Studies,  Prospects,  &  Challenges   1  
2. IntroducFon   •  •  •  •  •  Brief  historical  background   SA  &  SME  Sector   Awqaf  Investments   Prospects  and  Challenges   Recommenda-ons   2  
3.   Brief  historical  background       •  Arrival  of  first  Muslims   •  •  •  •  •  Banning  and  unbanning   Laws  affec-ng  Muslims   Socio-­‐economic  impact   Democra-c  era   Status  quo  of    Waqf     3  
4. SA  &  SME    Sector       •  •  •  •  •  •  •  SA  Economy   Major  Challenges  in  SA   SME  Sector  status  quo   Govt  support  &  ins-tu-ons   Challenges   Muslims  in  the  SME  sector   Poten-al  for  growth   4  
5. Models  of  Waqf  Investments  in  SA   •  Private-­‐Public  Charitable  Trusts   •  Community  –  Private  Partnership                                                       (Non  Corpora-sed)     •  Community  –  Private  Partnership   (Corpora-sed)     •  Masjid  Community  Based;     •  Community  Based  Public  Awqaf  Founda-on.   5  
6.   Case  Studies    of  Waqf  Investments   in  SA     •  Hajee  Ahmed  Mahomed   Lockhat  Wakuff   •  •  •  •  •  1933   Waterval  Islamic  Ins-tute  1934   Rustenburg  Mosque  Plaza  1989   Nurul  Islam  Plaza  Ltd  1996   Juma  Masjid  Trust  1890   Na-onal  Awqaf  Founda-on  of  South  Africa   2001   6  
7. Promising  SME  Sectors  in  SA   Real  Estate   Mining   Agriprocessing   Intellectual  property  development  i.e.   inven-ons  in  energy,  pharmaceu-cal     •  Manufacturing   •  Services   •  •  •  •  7  
8. Awqaf- ­‐Awqaf  CollaboraFon     •  •  •  •  •  Property  -­‐  infrastructure   Risk  Finance  Fund  (Private  Equity)   Microfinance   Islamic  Merchant  Bank   Asset  finance   8  
9. Awqaf  –  Awqaf  CollaboraFon   •  •  •  •  Qard  Hasan  Loans   Joint  Ventures   Partnerships   SyndicaFons   9  
10. Conclusion   •  SA  Waqf  Economy  sFll  in  infancy  stage   •  Muslim  SME  sector  needs  support  to  grow   into  Blue  Sky  companies   •  Muslim  SME  sector  needs  infrastructure,   financial  services  eg  interest  free  credit,  qard   hasan  loans   •  Several  promising  SME  sectors  in  SA   •  Several  opFons  for  Awqaf-­‐Awqaf   CollaboraFon  and  Partnership       10